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April 29, 2019

Are you ready for Red Rocks this summer?

Simply put, Red Rocks Amphitheater is one of the best places on Earth to take in a concert.  This amazing outdoor venue is part of Denver history.  The first concert was preformed in 1906 when it was privately owned.  It was purchased by the city of Denver in 1927 for $54,133, just another example of what a great investment real estate is!  Red Rocks opened its doors to the public in June 1941. 

 

 

 

Red Rocks is more than just concert venue, you can stop in all year for a bite to eat. Built around two massive boulders both inside and on the patio, Ship rock grille, located in the Red Rocks Visitor Center, features a delectable menu matched only by the stunning scenery.  Spend a sunny afternoon on the deck surrounded by breathtaking vistas and the occasional wildlife. On concert nights, make reservations for a pre-show dinner to complete an unforgettable evening.

 

 

 

If you are in the mood to exercise in style, Red Rocks is a great option.  There are several groups and boot camps around town that use the stairs and structure for fitness.  If you are going to train you may as well do it with a view!  The park is open 7 days a week with some restrictions.  If you don’t want to run up and down the stairs, Yoga on the Rocks is also an option.  For prices and scheduling go to:

https://www.redrocksonline.com/yotr/

 

 

 

Don’t forget to stop by the Colorado Music Hall of Fame when you are at the park.  The showcase of performances throughout the history of Red Rocks is awe inspiring.  From the Beatles performance in 1964 to U2 in 1983 Red Rocks is a part of music history.  The Hall of Fame is located at the top of the venue.

 

 

The best reason to go to Red Rocks is for the live music.  Every show I have seen in this incredible Amphitheatre has a magical quality to it.  The natural beauty of Colorado and the open sky produces an acoustical masterpiece that you can’t find anywhere else.  This summer is loaded with artists and now is a great time to check out the schedule and grab tickets for a band you like.  You can see the full schedule at:

https://www.redrocksonline.com/events/category/Concerts

April 2, 2019

Castle Rock

City Highlight: Castle Rock

 

 

When most people think of Colorado cities, Denver comes to mind.  Our ski towns get a lot of hype as well.  Most people have heard of Vail and Aspen.  This article is the first in a series about some of the more subtle towns around Denver.  Not everyone loves this big city lifestyle and that’s ok.  We have great cities in the front range with charm and hidden gems. 

 

 

This week’s feature is Castle Rock.  It is one of the fastest growing cities in Colorado.  The populations is approximately 62,276 which is up almost 30% from the 2010 census.  Located 28 miles south of Denver and 37 miles north of Colorado Springs Castle Rock is the home to commuters from both cities.  Other than its central location, Castle Rock has a lot to offer.

 

Big city parks can’t compete with Castle Rock.  The outdoor opportunities are amazing!  Philip S. Miller Park is 300 acres and home to a zip line course, climbing walls, a rope course and a ninja warrior course.  This is just one of the 50 developed parks in the city.  There are also 87 miles of trails in Castle Rock for your outdoor enjoyment.

 

 Even though the city has grown in population, it still holds the charm of a small town.  The main street is home to local shops and restaurants.  If you want something that is a part of the towns history try B&B Café, its been there since 1946.  Union is newer restaurant that serves a healthy and inspired collusion of rustic Italian, vibrant Mediterranean and forward-thinking American influences.  Fun food and dining is no longer limited to Denver.

 

 

 

 

If you are looking for a quicker shopping experience, try the outlet mall.  The shopping center has more than 95 stores and is the largest outdoor outlet shopping center in the state.  Check their website for upcoming sales events.  If you like to shop for a bargain this is the place to go.

 

 

 

If you would like to live in Castle Rock there are currently 286 homes for sale.  They range in price from $169,995 to $4,900,000.  Below is a link to see the listings and what you can get for your money in Castle Rock.  If you have more questions about the town or would like to see some homes give us a call at 303-532-4742.

 

Click here for Castle Rock real estate

March 14, 2019

360dwellings March 2019 Newsletter - Are We In A Buyers Market Yet? Depends...

March is usually a jam-packed month with Spring Break, the madness of college basketball, St. Paddy, and most importantly the start of the Spring home selling season in Denver! We'll see inventory and demand increase over March, April & May and then we'll start to see it mellow out a bit around June & July.

Overall, the Denver metro area is still in a strong seller’s market with only 1.92 months of single-family inventory available. Only detached homes priced over $1 million were in a buyer’s market with 6.58 months of inventory. At the current rate of sales, 
there is 2.07 months of attached home inventory overall. But, buyers are in the power position with 6.24 months of inventory for condos priced between $750,000 and $999,999, and 7.31 months of inventory over $1 million.

According to industry standards, under five months of inventory is a seller’s market and over six months of inventory is considered a buyer’s market.


Average Single Family Home Price: $512,312
Average Condo Price: $349,801
Total Number of Properties for Sale: 6,017

Average Days on Market: 39

What's Going on Around Town?

Best New Restaurants

Try to get a seat at Beckon in RiNo. It's Chef's Counter Only. There are only 17 seats and 2 seatings a night. Truely a remarkable8-course dining experience. That's just 1 of the cool new restaurants popping up in Denver. Click Here for a Full List

St Patricks Day Parade

You've gotta go see one of the longest St Patricks Day Parades West of the Mississippi. 1000's of floats and activities... you may even see a green alien or two.
Link to Parade Info
Saturday, March 16th

The River Mile Project - Is Elitch's Garden Moving?
Find out a little more about the 17 Acre project that will relocate Elitch Gardens and build a beautiful 
mixed-use project on the mostly unused section of the Platte River.
Link to More Info

Broadway Station? Midtown?

Where the tired and broken Gates Rubber Factory once stood we finally have a buyer and a builder after almost 2 decades! 7.5 Acres to build offices, homes and places to spend your money. Ground breaks in 2020.
More Info

Want to know what your home is worth?
Let me run an RPR Report for you. I have access to a system used by Appraisers and Lenders to get a semi-accurate estimate on your home value. Respond to this email with your property address and I'll be happy to put a report together for you.

Link to an Example

1572 Race St - Denver
Castle Marne was built in 1889 by one of Denver's most famous architects, William Lang. A 
truely opulent house with design elements of Richardsonian, Romanesque and Queen Anne era. Not sure it's for me at $2.29M, but quite interesting.
Link to Property Info

Click Here to see all of 360dwellings current listings

 

 

 

Posted in 360dwellings
March 11, 2019

St. Patrick's Day Denver 2019

The best things to do in Denver for St. Patrick’s Day (Yes they all involve lots of drinking)

 

 

1:  The best start to the St. Patrick’s Day weekend is the Parade.  Nothing sets the mood for the weekend like celebrating with your friends and neighbors.  We can all be Irish at the parade downtown. This is a good event to bring the family to, or Uber in and start the day early.  The parade starts at 9:30 am on Saturday, March 16th. To catch the parade entries full performances (dancing, full music sets, etc.), the best spot is south of 20th Ave on Blake St.  This will be a crowded area and is standing room only.  Be sure to get there early to claim your spot.  If you are bringing the kids you may want to try Blake St from 23rd to 27th Ave.  This should be a little more roomy.  To see a full list of the floats and other info check out the official parade website:  https://www.denverstpatricksdayparade.com/

 

 

2: Once the parade is over, you can head to the Block Party at 22nd and Blake.  This will be the 20th year the block party has been put on by Fado Irish Pub and it;s rumored be their best one yet!  The party will start at 10:00 am on the 16th and run until 11:00 pm.  If you still have the energy you can come back for more on the 17th from 12:00 pm-10:00 pm.  The outdoor party will have live bands and enough Guinness and Irish whisky for everyone wearing green and their friends.  A two-pack of tickets including 4 total drink vouchers will cost you $64.  For all of the details and to purchase tickets check out their website:  https://fadoirishpub.com/denver/st-patricks-day/

 

 

3:  Don’t drink on an empty stomach.   Stop and check out the food trucks and live music at Improper City.  They are in the RiNo district at 32nd and Walnut St.  They will have outdoor bars all day for the patio party, or you can get some gourmet coffee if you need a little pick me up.  Check it out if you are in the mood for a fun atmosphere and a taste for mobile food.  For more info check out their event page on Facebook.  https://www.facebook.com/events/239316560307813/

 

 

 

4: If you are not a beer and whisky drinker then check out Infinite Monkey Theorem winery.  They are in the RiNo district where they make all their wine.  The grapes that they use are locally sourced from Colorado and for one day only they will have green wine slushies.  That’s what happens when you mix class and St. Patrick’s Day. 

 

5: No St Patrick’s day would be complete without a good old fashion Pub Crawl!  Denver has you covered with three to chose from this year.  The Irish Stroll from BarCrawls.com, Kiss Me, I’m Irish: Denver St. Patrick’s Day Bar Crawl, and Denver St. Patrick’s Bar Crawl will all be going on this weekend.  What better way to celebrate than to work out your liver as you head from bar to bar.  Take part in the fun and festivities in Denver this year, just remember to leave your keys at home.  Lyft, Uber and public transit will be happy to get you downtown and back safe and sound.

March 7, 2019

Is Elitch's going away?

 

 

I’m sure a lot of you have heard that Elitch Gardens will be developed into housing for Denver.  The River Mile Project will be developed by Revesco Properties.  Revesco is a local company that wants to build in Denver instead of spreading out to the suburbs.  The idea is to keep housing and jobs close to the city center to lessen traffic and strain on infrastructure as the population of the Denver metro grows.    The development could start as early as 2020 although there are a lot of zoning issues and some red tape to get through before they break ground.   Step one will be to build a new parking structure for Elitch's, and then convert the existing surface parking lots into office buildings and shops.  This is about 17 acres of space.  During this phase, Elitch's plans to continue to operate as normal.  The picture below gives an idea of how that will look.

 

 

The development does have long range plans.  It may add 8,000 new housing units by the time it is completed.  Denver is still growing and most of us know that rents are higher than they have ever been for the city.  The development will have 700-1,000 affordable housing units to help with this issue.  The affordable housing will be part of high-rise towers which may be 59 stories tall.  The city also has requirements that protect access to the sun and sky, so the high-rise buildings would be relative slender and spaced wide apart.  When the project is finished, there will be a new look to the riverfront in the area.

 

 

 

The city and community will have a lot of input into the final project.  This should keep the feel of the new development in line with Denver.  There will be one mile of improvements to the South Platte River, three riverfront parks, bike paths, and a rec center. 

 

 

The short answer to the question is yes.  Elitch's will be moving to a new location.  The developers say they will try to find a new location close to downtown, but we all know there aren't any 60-120-acre plots of land for amusement parks in Denver.  The good news is it will be years before the park is forced to move.  Moving the park is a necessary part of the growth of Denver.  For now, make sure to take advantage of sunny days and fun rides.

 

 

Feb. 14, 2019

5 Great Things to Do in Denver this Valentine's Day

Today is Valentine's day (in case you forgot), here are 5 great things to do with the one you love.

 

#1 Hearts for Art at the Denver Art Museum 

Nothing stirs the soul like good art.  The Denver Art Museum is offering the Hearts For Art experience again this year.  Take a stroll through the Museum and find the piece that inspires your love.  You can place a heart in front of the exhibit and snap a pic for you to share with your friends.  See if you and your sweetheart will find a connection over your love of art.

#2 Romance under the Sea at the Denver Aquarium 

If you are looking for a romantic and magical dining experience for Valentine’s Day head to the Aquarium.  Watch the sharks and other fish swim around the room while you share a 4-course meal.  The package includes roses, champagne, and an adventure pass to the aquarium.  Don’t just go out for food, come experience the wonder of the aquarium. 

#3 Valentine’s Weekend at Comedy Works Downtown 

Everyone loves to laugh.  Comedy Works Downtown is offering Valentine packages from the 14th to the 16th.  Share drinks and laughter when you see Chris Distefano perform live.  The packages will include roses and chocolate.  

#4 Cocktails and Taste Tour

You can’t go wrong with good food and good drinks on Valentine’s Day.  This is a perfect sampling of some of the great restaurants and bars that Denver has to offer.  With 5 drink samples at and appetizers at each stop, you and your sweetheart will be in a great mood by the end of the night.  A local expert will lead you on the tour of the Denver cocktail scene as you walk downtown.  

 

#5 Tie the knot! 

If everything else on the list has inspired you to commit come to the 12th annual Valentine’s Day Event at the Clerk and Recorder’s Office.  On Valentine’s Day, Judges and Clergy will perform free Marriage ceremonies for couples.  Food and beverages will be available for couples.  Drawings will be held for gifts from local businesses, elected officials and other city agencies.  Wat a perfect day to say I do.  Head to the Webb Building 201 W. Colfax, Dept. 101, Denver, CO 80202 from 8:00 Am to 4:30 PM. 

Posted in 10best
Feb. 10, 2019

360dwellings February 2019 Newsletter - Is Denver in a Buyers Market Yet?

February 2019

With the Denver Real Estate Market slowing a bit over the past few months, people ask me all the time... Are we in a Buyers Market Yet?

For our luxury buyers over $1M, Yes. We are in a buyers market. There are plenty of deals to be had with almost 8 months worth of inventory on the market.

Under $1M, not yet. However, we are trending toward a more balanced market. 5-6 months of inventory is considered balanced and we're just under that in most price segments under $1M.

The good news is that Sellers continue to see appreciation and Buyers are seeing a bit more inventory hit the market giving them more choices. Folks are getting a rare opportunity to think for a day or 2 before making an offer. There is a balance in the force... seems to be a win-win for everyone.

Historically the Denver real estate market kicks into gear after the Superbowl. We're going to see a lot of homes hit the market in the next few weeks. Should be much more exciting to watch than the game.


Average Denver Metro Home Price: $500,683
Total Number of Homes for Sale: 5,881
Average Days on Market: 42

 

What's Going on Around Town this February?
Denver Restaurant Week

Choose a set menu from 200+ participating Denver restaurants for $25, $35 or $45. Apparently, inflation has caught up with the old $52.80 pricing structure.
Click Here for More Info
February 22nd - March 3rd

Take the Ski Train to Winter Park

If you ski or snowboard, you need to take the train the Winter Park at least once in your life. It's an absolutely gorgeous ride through 27 tunnels and some of Colorado's most beautiful scenery. Enjoy a 2 hour ride to the mountain and skip the I-70 congestion.
Click for More Information

The Garden & Home Show

Need ideas for a kitchen remodel? Looking to re-landscape? Like to walk around and get free shwag? Come on down to the Convention Center for one of the biggest shows of the year.
Click Here for a 2 for 1 Ticket
Feb 9th - 17th

8 Hottest Neighborhoods in Denver

There were 8 neighborhoods that saw massive appreciation over 2018. Some appreciating as much as 40%. Will these neighborhoods do it again in 2019? I smell an investment opportunity...

Click Here to See Who Made the List

Want to know what your home is worth?

Want to know what your home is worth?
Let me run an RPR Report for you. I have access to a system used by Appraisers and Lenders to get a semi-accurate estimate on your home value. Respond to this email with your property address and I'll be happy to put a report together for you.

Link to an Example

Dwelling of the Month...

One of the most visually stunning homes in Denver is on the market. Designed by world-renowned Seattle based architect Jim Olson of Olson Kundig. He was inspired by the Denver landscape of mountains & great plains. Take a stroll through this gorgeous home on 3.5 acres in Polo Club.
Click for Photos

One of our New Year's resolutions is to get some more online reviews. If you have a few moments to write a few words about our interactions together, it would be greatly appreciated. Help us reach our new year goals and we'll be happy to reciprocate!

Link to Google Reviews

Link to Yelp Reviews

Jan. 19, 2019

Denver was the 5th Most Moved to City in 2018

According to the Penske Truck Rental annual survey, Denver is up 3 spots from last year, becoming the 5th most moved to city in the country.  Atlanta has held the title since 2010 since the survey started. Most of the cities on the list are in the sunbelt with the only exceptions being Denver and Portland. The secret must be out...

The Top 10 Most Moved to Cities of 2018:

  1. Atlanta
  2. Phoenix
  3. Tampa
  4. Orlando
  5. Denver
  6. Houston
  7. Las Vegas
  8. Charlotte
  9. Austin
  10. Portland

Link to Penske Survey

New to the list is Austin Texas. I kind of feel like Austin is the Denver of Texas... cool, young, hip, fun. I have a feeling they'll be making their way up the list.

Surprisingly not on the list was Dallas/Fort Worth which came in 3rd on the 2017 list and has been on the list since 2010. Guess everyone is going to Austin or Denver.

 

 

Posted in 360dwellings
Jan. 15, 2019

8 of the Hottest Neighborhoods/ Zip Codes for Home Buyers in the Denver Metro Area

2018 was an interesting year for real estate in the Denver Metro area. We saw multiple offers and prices accelerating at breakneck speeds during the first half of the year followed by a bit a slow down over the 2nd half. We'll see what 2019 has in store. Through the ups and downs, there were 8 neighborhoods that saw massive appreciation over 2018. Here are 8 of the hottest zip codes of 2018...

Hampden South & Southmoor Park - 80237

Hampden South

  • Median Price: $428,500

  • Change in Median Price: 39.9%

  • Average Days on Market: 32

Families that are outgrowing their 2 bedroom bungalows in the city are making the migration South to enjoy more breathing room, bigger lots, wider streets and suburbia in the City. Currently, the prices in Hampden South are below the median for the overall market and will continue to be a great buy going into 2019. This is a great location if you're looking for a 1960's or 19070's home that's prime for a remodel. Lot's of original owners in this part of town.

Click Here to See Available Homes in 80237

Lowry - 80230

  • Median Price: $729,402

  • Change in Median Price: 39.7%

  • Average Days on Market: 45

The former military base carries one of the heftiest price tags on our hottest neighborhood list but they still saw almost 40% gains last year. Some of this gain is due to the sales in the last parcel being developed in Lowry called Boulevard One. There are some beautiful homes available.

Click Here to See Available Homes in 80230

Valverde, Overland, Athmer Park - 80223

  • Median Price: $411,000

  • Change in Median Price: 39.3%

  • Average Days on Market: 21

A year ago the average price in this Southwest neighborhood was still under $300,000 and now it's $411,000! Now that is some good appreciation! Great spot for a first time home buyer who wants a little more bang for your buck.

Click Here to View Available Homes in 80223

 

North Aurora, Delmar, Highland Park - 80010

  • Median Price: $292,500

  • Change in Median Price: 19.3%

  • Average Days on Market: 20

Anschutz Medical Campus has finally transformed this struggling neighborhood. We personally bought some rough foreclosure properties in Hoffman Estates for $90k back in 2008. Now we can sell them for $300k+. This neighborhood is prime for even more appreciation through 2019 and beyond.

Click Here to View Available Homes in 80010

 

Globeville, River North (RiNo), North Washington - 80216

  • Median Price: $290,000

  • Change in Median Price: 19.3%

  • Average Days on Market: 19

Dilapidated $200k properties sit next to multi-million dollar homes in Globeville. Downtown is spreading that way with RiNo in leading the charge. If you're looking for a longer term investment... put your money down on Globeville and RiNo.

Click Here to View Available Homes in 80216

 

Heather Gardens, Windsor - 80247

  • Median Price: $234,750

  • Change in Median Price: 21.9%

  • Average Days on Market: 26

As the Baby Boomer generation gets up in years, there are some great options for the 55+ community at Windsor & Heather Gardens. The median price is still relatively low which makes this an affordable option for Seniors.. plus it's turning out to be a nice little investment for owners.

Click Here to View Available Homes in 80247

 

University Park, Observatory Park, Wellshire - 80210

  • Median Price: $680,000

  • Change in Median Price: 13.3%

  • Average Days on Market: 31

Lot's of great parks in the 80210 zip code. Observatory Park saw its share of scrapes with huge multi-million dollar mansions taking their place. We keep seeing the University neighborhood improve year over year. Owners enjoy the tranquility of the parks while not being too removed from city life.

Click Here to View Available Homes in 80210

 

Roxborough, Chatfield - 80125

  • Median Price: $540,000

  • Change in Median Price: 32.5%

  • Average Days on Market: 60

Want to get away from the City? Nestled in the foothills Southwest of the city lies one of our most beautiful residential areas. Owners enjoy the stunning red rock and a bit more breathing room. Prices have spiked a whopping 32.5% since this time last year. Seems like the secret is out...

Click Here to View Available Homes in 80125

Interested in looking for homes in one of these explosive neighborhoods? Give us a call and we'll help you create wealth through real estate.

Jan. 10, 2019

What's Going on in the Denver Market?

Happy New Year!

Hope everyone's keeping up with their New Year Resolutions... only 355 days to go!

Sellers celebrated the first half of the year with a crazy blur of multiple offers and fast sales. In May/ June of 2018
, it was the buyers turn to celebrate as we saw inventory rise, forcing sellers to make price reductions for the first time in years.

Even though we saw price reductions, home prices continued to climb. We just didn't see the rapid rate of appreciation that we've experienced over the past few years. We're doing the speed limit now vs. driving at 120 MPH. Home prices are still up 8.34% since this time last year.


Average Denver Metro Home Price: $508,016
Total Number of Homes for Sale: 3,892
Average Days on Market: 41


Click Here for a Video explanation of our current market by one of our leading analysts, Megan Aller.

Here are a few things to keep you busy this winter...

International Snow Sculpture Championships

16 Teams from around the world descend on Breckenridge to hand carve 20-ton blocks of snow into intricate works of art. Temporary art at it's finest.
Click Here for More Info
January 25-30th - Breckenridge

Winter Concert at Red Rocks?

It's a one of a kind experience celebrating the convergence of music, art, community and show in one of the most iconic venues in the world. Come check out De La Soul, Living Legends, and many more. Wear long underwear!
Click for More Information

The National Western Stock Show


This morning there were Longhorn Cattle, horses & Western Wagons making their way from Union Station down 17th St. in the annual stock show parade. It's stock show season!
Click Here for More Information

X Games - Aspen

What's not to love about Aspen? What a cool mountain town and a perfect venue for one of the greatest competitions in skiing and snowboarding. Come see some of the best in the world do their thing.
Click Here for More Information
January 24th - 27th

Home prices continue to rise in large part because people continue to move to the Denver area. According to the US Census Bureau, 80,000 people moved to Colorado from mid-2017 to mid-2018.

"Move-Up" Buyers are on the rise. Most homeowners are equity rich so they are using the equity to pay-off credit card & student debt while still having enough to put down on their next home.

FHA has raised their loan limits to $561,200 in Denver for a single family home. If you're looking for a duplex that goes to $718,450, 3 unit is $868,400 and 4 unit is $1,079,250. More and more people are buying multiunits, living in the nicest one and renting out the other units to get their mortgage paid for. 

Low supply of inventory will still drive the market in 2019 and push prices up as Denver still remains a popular destination due to the quality of life at a Mile High. Get ready for the market to start heating up in February as it has for the past 8 years.

Posted in 360dwellings