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Thursday, May 3, 2012
Supply and Demand in the Real Estate market is looking quite positive for us here in Denver, Colorado. Buyers' demand for housing is higher than the number of homes on the market. With major signs that the job market is climbing, the increase in the real estate market is showing a positive outlook for Denver.
The increase in the market started January 1, 2012 and continued through February. Metro Denver's housing continues to show great strides in recovery, as unsold homes are almost non-existent and the demand is high. This is also an excellent time for sellers to get their homes on the market quickly.
Houses priced below $250,000 have risen over the last 12 months with multiple offers on these homes. Homes and Condos, under contract, have increased versus where the market was 12 months ago. The average sale of homes in February, 2012 were selling faster than last year at that time.
The demand for affordable single family homes has continued to rise over the past three months with no sign of slowing down. Developers in Denver are working to increase the supply of homes to help fill the gap.
For people looking to sell their homes, there are certain guidelines that should be considered. As the market is competitive, so are the demands of the buyer. To get a jump on moving their homes relatively quickly, sellers need to present their homes in the very best light that they can. That said, plenty of our sellers have recently found themselves in positions of being able to choose which buyer they want to proceed with!
Your home should be appealing to potential buyers. Throw out old stuff and clutter, make sure walls, fixtures and carpets and clean. It might be worth the seller's time to either paint or have a professional paint walls, if they are in need. It will up the value of their home.
As expert Denver realtors, ReRev are suggesting that sellers get an inspection done on their home, as this will give the seller a good indication of areas that stand out to potential buyers.
A home's yard should look clean and appealing. Mowing, hedging and cleaning up all clutter is in order.
As all realtors will tell home owners, staging a home is imperative in catching a potential buyer's eye. Lighting should be staged to show the highlights of the home. Moving furniture around or removing it altogether can give the buyer a positive impression.
In a nutshell, sellers stand a better chance at getting their homes sold if they put a little effort in sprucing up their homes and staging in a positive way.
The good news is, Denver is showing very positive signs of growth in the real estate market, as well as the job market. Unlike other areas of the country, Denver is showing excellent growth and opportunity. Affordable homes that appear on the market are selling very quickly! This is great news for both sellers and buyers.
If you're looking to buy a home in Denver, or sell a home in Denver, ReRevolution has it covered. Get in touch with our highly respected, experienced team at 303 417-6350 or visit our contact page.
Posted by Aaron Tajchman at 10:05 am
Tuesday, April 3, 2012
Denver's housing market has been so positive over the past year and a half, realtors are becoming extremely excited as to where it is heading. The housing market is certainly not showing any signs of slowing down. Denver realtors are seeing lower inventory and an increase in sales. People from other parts of the nation are moving here for better opportunities. Collectively, this is the perfect environment for home buyers.
Denver is in third place, nationwide in growth, preceded only by Detroit and Phoenix in January, 2012. Sellers and Buyers alike are enjoying how well the market is performing and taking advantage of that fact. Buyers can get the homes they want at affordable prices and sellers can get a good asking price on their homes.
The recovery has shown great signs in neighborhood stores and markets, with moving inventory and price gains. Other areas that are showing growth are furniture sales and landscaping needs. The shift in consumer confidences in the local economy is reverberating throughout Denver.
Nationwide, states are holding their breath that interest rates will remain lower for the sake of the real estate market, as well as the overall economy. Keeping interests rates low will collectively improve the overall national economy, while increasing rates would have an adverse effect on the real estate market. Denver is focusing on affordable housing that is pushing their economy into a better position and realizes the importance of low interest rates as well.
Home sales in Denver are soaring because of supply and demand. As new homes come on the market, they are selling very quickly because they are affordably priced. Realtors are seeing an urgency among buyers with multiple offers on homes. A well priced home in a great neighborhood is snatched up in the blink of an eye. These properties are gone within days of listing and there just aren't enough homes on the market to accommodate the number of buyers.
We are urging homeowners, wishing to sell, to jump on the market quickly. Although it is not totally a Seller's Market at this time, it is heading in that direction. Even though buyers are still naming their price, the going costs are escalating, due to multi offers, and this is great news for home sellers.
Although home prices are continuing to drop in other U.S cities, Denver's outlook is healthy! Residents who live in Denver believe they are among the luckiest people in the nation. With the growth of the real estate market and a thriving economy, they could very well be right.
Posted by Aaron Tajchman at 8:04 am
Wednesday, March 14, 2012
Over the past year, Denver has quickly become a hub for new apartment units. In 2011, over 1,400 apartment units were developed in Denver and that number is expected to triple in 2012. Land developers and investors have been working diligently to bring economic growth to Colorado and especially the Denver area.
So, what's going on in Denver and why is there so much apartment development? Firstly, Denver is an older city that has shown a major rebirth in the downtown area and has become extremely popular with younger adults of 20+ years of age.
Even though the economic recovery seems to be jobless, many young folks are flocking to Denver. Denver is seen as such a desirable place to live that people would rather be unemployed and living in Denver than in Columbus, or Orlando.
Even though economic growth is extremely low nationwide, Denver has experienced a growth of approximately 1 percent annually. Growth in the downtown area is 1.4 to 1.5 percent growth due mainly from people moving to Colorado. People turning 20 years of age are boasting around a count of 130,000. Another factor is a large percentage of high school graduates are choosing to stay in Colorado vs move away.
Another very strong reason for the growth of apartment development is due to Denver's history of multifamily residents.
So in a nationwide economy that is sadly not yet really showing any positive signs of a complete turn around, how is Denver meeting its supply and demand? In the past 8 years, approximately 1,500 units have been built per year. Denver has historically absorbed 4,500 units a year, so any excess would be absorbed before completion.
With the growth of multifamily movement in Colorado there is a dependence on the increase of the job market. More than 25,000 jobs were added in Colorado, mostly in the Denver area. In the 2011 national average, job growth projected Colorado to be among the top 10 states.
The development and erecting of more apartments could also bring job opportunities within that field.
In 2009, Colorado was hit hard with unemployment that ran through 2010 with an unemployment rate of over 9 percent. The housing market suffered enormously, though supposedly not as severely as other parts of the country.
With the explosion of growth in downtown Denver, everyone was moving here. Now in the second expansion, growth will stretch out from downtown with the creation of three-story and garden apartments. We're predicting there will be a 9 to 12 month period before developers can start turning the land.
If all goes in the direction that the people of Denver are counting on, there could be more growth and economic opportunities for people moving into the state. Economic growth, nationwide, has experienced a small incline and as experienced in the past, real estate has always played a major role in growth factors.
With extensive research and planning by the developers and investors in Denver, it seems to hold a great deal of potential and promise for a stronger and healthier Colorado.
Posted by Aaron Tajchman at 6:03 am
Monday, January 30, 2012
It seems strange in January to look out the window of our downtown Real Estate Revolution office and see everyone walking around with out a coat.
The feeling is in the air! That change we all start to feel this time of year in Colorado, it is a subtle one, but you can feel it with all your senses if you stop and pay attention. It's a new and different smell in the air and you start to notice the birds singing, and you just know that nature is saying ... I am ready to awe you with the changing of the scenery! Aw ... Colorado weather. The reason that we get several folks from out of state a day walking in off the street to ask about buying a home in our beautiful state! I can't help but be excited for them. The first time you experience a heavy snowfall one day and a 55+ degree day the next, you know that you have made the right decision to call Colorado home. Where else can you lay in the sun in the park, hike, bike and ski all in the same weekend? As we were touring some units that are currently on the market yesterday, the elevator doors opened to reveal the roof-top pool ... I was shocked to see a gentlemen doing exercises in the pool. Not an indoor pool, an outdoor pool! I had to keep reminding myself that we are indeed still in the month of JANUARY! Off I go to preview properties, hopefully ones that will be filled with some new Colorado weather loving residents before the Crocus bloom through the snow!
Posted by Kim DeRoo at 3:01 pm
Thursday, January 26, 2012
Denver’s first annual ammenitie awards dinner
Meet the dealmakers, buyers and brokers, architects and engineers, and designers and builders, who are responsible for the highest impact real estate projects in the Denver.
This is charity event and the main intention is to recognize Denver most amazing real estate but also to have the most amazing epic time and give back to those who need it.
Why you might ask does your company want to participate in the 1st Annual Ammenitie Awards? Well everybody loves a winner, how can dealmakers, buyers and brokers, architects and engineers, and designers and builders, who are responsible for the highest impact real estate projects in the Denver prove they are winners?
One easy way: Win a Amenitie Award.
In Denver the current average age is 31 and the typical methods of marketing and prospecting new clients for your projects are out of the window. The new generation is hear and wants the best of everything and we are gonna bring it to them in a alter hip epic award showcase call the Amenities Awards.
Awards can catch the eyes of prospective clients and offer current customers comfort that they have made the right choice. That’s a award show that you might of went to if it was sponsored by your local Better Business Bureau and you might win a stamp of approval from the chamber of commerce, such honors can also help build a business’ standing in the community.
The Ammenitie Award’s purpose is to highlight the most amazing amenities and features that get young consumers excited to buy real estate because they are the future of buying.
Awards won’t make your business sell more condo’s or units — reasonable prices, outstanding service and amazing ammenities do that — but a ammenitie award will provide an edge in an economic time when even the slightest boost helps.
Winning a Ammenitie Award will though:
- Increase morale, letting employees know that their hard work is being recognized.
- Give employees of your firm a great sense of accomplishment.
- Will be used to recruit prospective business who are looking to join a thriving company
- Add to the credibility and image of the company and give you water fountain credibility.
So how do you go about adding the phrase “Ammenitie Award Winner” in front of your real estate business’s name? The first step is loging onto purchasingdenver.com and entering your self into divisions that your business qualifies for:
Remember when applying for a ammenite awards, make sure to enter competitions that highlight what separates your business from the rest of the pack.
There are dozens of ammenitie awards out there, your business should hopefully win one if your awesome.
“Judges are people who have 90-plus-hour-per-week jobs and know there shit,If you’ve got to write a story about why you should get the award, make it good this is gonna be fun so that means anything goes and I mean anything. The last thing a judge has time to do is research all of the entrant’s websites and information. The more awesome you can be, the better your chances are.”
Posted by Dan Bradley at 2:01 am
Sunday, July 31, 2011

When looking across this wonderful country, real estate markets and unemployment have been on a rollercoaster ride. The good news is Denver has been fighting back with a flood of renewable energy companies and the relocation of kidney care giant DaVita's (DVA) headquarters to Denver from California in 2009 are expected to create jobs. In fact, about one in 25 employers in the Denver-Aurora-Broomfield area plans to add jobs in the second quarter, according to the most recent Manpower Employment Outlook Survey.
Denver has been ranked the most improved market overall. Prices in the Denver area jumped 5.8 percent during the first quarter, and unemployment dropped slightly, to 7.8 percent in April from 8.3 percent in January. This is great news for everyone, Denver and surrounding areas was one of the first markets to feel the effects of the market crash and I feel we are surviving and starting to rise out of it. For more information about the Denver Market call us at Real Estate Revolution because what makes us different…makes a difference for YOU!
Posted by Shawn VanderWood at 3:07 am
Wednesday, July 20, 2011
According to a new Denver employment survey released by the Manpower Group, job growth in Denver is slow, but is still higher than the rest of the country.
"[Denver has] seen slightly increased hiring expectations," Vice President of ManPower Group Jeff Gerkin said. "[We are seeing] overall across the country, a positive 8 percent, in terms of growth for jobs [and] expectations for hiring. Here in Denver, we see a positive 11 [percent]."
Gerkin says Manpower Group gets their data by looking at companies that are looking to hire versus companies that are looking to decrease.
"What we see is 20 percent of the companies in Denver are looking to increase, specifically those in industries other than government education," Gerkin said. "Transportation , logistics, hospitality and leisure were all starting to increase their hiring."
According to Gerkin, government education jobs are not increasing as quickly because there are funding issues in those kinds of jobs.
To help those that are trying to find work, Gerkin gives this advice:
"What they should do is look at how jobs have increased or migrated. So for example, if you were an administrative person in the past, to get that same job today, what you really need to look at is how you can actually be a project manager," Gerkin said. "If you are in other types of companies where you were in finance, you really need to understand compliance."
He says that people need to focus on many skills, not just one.
"Jobs themselves, because there are less people working, have multiple hats," Gerkin said "To get that same job you had in the past, you really have to improve your skill set."
Posted by Aaron Tajchman at 12:07 pm
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