Our Real Estate Market

There are currently 1,023 blog entries related to this category.

East side office opening this fall in the center of Denver’s classic historic neighborhoods

Live Urban Real Estate, a city-focused real estate brokerage, is opening a second neighborhood real estate office at the four corners of the Cherry Creek, Congress Park, Cheesman Park, and Capitol Hill neighborhoods. Live Urban will occupy a storefront location along busy East 6th Avenue, adjacent to other local neighborhood businesses including Shaver-Ramsey and Barolo Grill.

“I’ve wanted to open a second location for a few years, but wanted to find just the right location,” says John Skrabec, President of the growing boutique brokerage. “It’s in a great spot filled with unique shops, restaurants and service providers, with a walkable connection to the

2,124 Views, 0 Comments.

Change the face of Denver Real Estate

Last month, the average Denver single family home price exceeded half a million dollars. This local milestone represents years worth of equity climbs, low inventory, and the changing Mile High City as a whole.

According to Susan Adams, "For the first time ever, our average home prices exceeded $500,000. This isn't especially surprising given the record home prices, low inventory, and high demand that we've seen for the last few years."

metro denver March 2018 market report metro denver luxe March 2018 market report

Since 2014, Metro Denver has seen record high home prices and record low days on market... especially in the entry-level and more affordable home sectors. This steep climb into Denver’s current [intense] seller’s market is due largely to the area’s listing shortage. There are far too few homes on the

5,611 Views, 0 Comments.

 Denver's half million average home price

During the first week of March, 2018, The Denver Metro Association of Realtors announced that the average price of a single family home exceeded $500,000. This increase represents a 12% rise since last year, which is nearly double Denver's historical average increase percentage. Learn what Denver's best real estate agents think of this landmark number!

 John Skrabec- Founder and Owner of Live Urban Real Estate

"I’m not surprised to see our real estate market continue its’ upward trend, and as long as supply remains low, prices will increase. I see no end in sight, until we start building more affordable, entry-level housing to meet the never ending demand. I am concerned about the anti-growth initiatives being discussed in our city, which would

1,398 Views, 0 Comments.

Seasonality in the denver real estate market

With Denver's booming home sales and the strong seller's market, both buyers and sellers are curious as to when to jump into the pool of residential real estate. Should they paddle around in the shallow end to test the waters before buying or selling or sit on the edge awaiting the perfect moment to jump in?

Luckily, seasonality in the Denver real estate market is about as predictable as the likelihood of a messy splash from a cannonball at the local pool. Whether the market is up or down, metro Denver listings and sales tend to follow the same trends year after year. Our glance-worthy infographic will help you navigate timing in the Denver real estate market so that you don't have to waste time dipping your toe into the kiddie side of the housing

2,352 Views, 0 Comments.

Premium home prices across Colorado’s Front Range have had buyers in a pinch for the past five years. Those seeking an affordable home in or around Denver have struggled through stressful multiple offers and price tags that they simply couldn’t afford. Real estate experts agree that this extreme seller’s market is due mostly to the area’s listing shortage. 

Colorado Ballot Measure 66 

And yet, a ballot measure is working its way into the November elections that would limit new housing growth to 1% or less of the existing homes in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, El Paso, Jefferson, Larimer, and Weld counties. Colorado initiative #66 would clearly have a wide-reaching impact on Denver’s housing market.

In a recent update, as reported by The Denver

2,591 Views, 0 Comments.

Denver’s real estate market has remained a seller’s market for the last handful of years. There are far more buyers than there are sellers, leaving the power scales tipped in favor of those listing their homes for sale.

Denver's Listing Shortage

The start of 2018 saw no change in this dynamic… active listings hit a record low in January even though new listings increased since this time in 2017. Yup, that means that there were more buyers too! Regardless of the reason, Denver’s listing shortage continues to take hold of the residential real estate market.

Of course, home values continue to inflate, reaching an average of $449,429 this month. That’s almost a 12% increase since January of last year and scarce listings are at least partially to thank/blame.

What buyers

3,564 Views, 0 Comments.

Amazon released a shortlist of cities for its new headquarters... and Denver is in the running!

Out of the 238 cities who made a bid in November, Denver has made it to a list of 20 possibilities for Amazon Headquarters. Amazon cited the 20 cities' abilities to offer tech talent and proximity to an airport - both of which were highlighted features in the Denver bid. With up to 50,000 new jobs and $5 billion in construction and planning at stake, Denver now has its ear to every snippet offered by Amazon.

Amazon headquarters in denver

In November, the Metro Denver Economic Development Corporation announced bits and pieces of Colorado’s bid for Amazon headquarters in Denver.

 

Here Is What We Know About Amazon's 2nd Headquarters:

  • The headquarters would employ as

9,440 Views, 0 Comments.

Real Estate Agents Protest Trump's Tax Plan

While President Donald Trump and Congressional Republicans celebrate their progress with the tax code overhaul, real estate agents across the country have banned together to protest tax revisions that will affect their clients and the residential real estate industry as a whole.

Though the 2018 tax plan continues to experience revisions - with more promised - as it works its way through Congress, agents’ concern over existing tax policies related to home ownership continue to grow. Bipartisan groups formed by real estate agents have assembled throughout the United States to urge more consideration for American homeowners.

Though a handful of components of the tax bill would impact homebuyers and future homeowners, two specifics have drawn the

3,329 Views, 0 Comments.

Live Urban's Short and Sweet Market Snapshot

July is summer break for the Real Estate industry: this time of year, listings slow and buyers go on vacation. It’s no surprise that July’s real estate trends showed declines in new listings, sold homes, and sales volume as compared to June. What’s surprising is July’s numbers as compared to this time last year.

Finally, some great news for buyers!

Days on market have increased by 4% as compared to June and almost 12% since this time last year, as Sarah Bryant explained above. This means that buyers can save some of their “scrambling” for breakfast.

But…

Despite a slight decrease in average home prices since June, home prices are still on the increase as compared to this time last year (to

3,021 Views, 0 Comments.

Your Guide To Sending Your Kid to a Great School No Matter Where You Live!

The Best Denver Schools

Live Urban Real Estate believes that all children deserve a high-quality education. With Denver’s unprecedented residential listing shortage and continually booming popularity, some families are having difficulty finding a home within their preferred school zone. Often, buyers find themselves focusing more on finding a home they love while remaining in their budget and are unable to even consider what school zone the property is in. This can lead to disappointment and frustration, when future educational plans seem all but dashed.

But, we see a real opportunity for educational improvement amidst this low-inventory housing market. With all types of families moving into

2,982 Views, 0 Comments.