Buying a home in Denver and the surrounding area is expensive! With the lack of inventory and the rise in pricing, it can be very hard for a Denver first time home buyer to purchase a home. Although Denver home prices have skyrocketed, there are some areas that can still be affordable for a first time home buyer, but you do have to be ready to strike while the iron’s hot! The current median home value in Denver is $383,200*, but you can still find some great homes priced under $300,000 in these areas:

1. WindsorWindsor Homes for Sale Denver, CO

In Denver (not to be confused with Windsor, Colorado), this neighborhood is sandwiched between South Quebec Street and South Havana Street, and just North of East Mississippi. Homes in the Windsor neighborhood sit comfortably, surrounded by…

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Sunnyside Denver MuralOnce a little known area, Sunnyside has officially become one of Denver’s hottest neighborhoods. Located next to LoHi and Berkeley and just minutes from downtown, it’s no wonder that Sunnyside is seeing huge interest right now.

The average cost of homes for sale Sunnyside is currently $466,433, a dramatic increase over previous years. We expect this to continue to go up over the next few years, most likely at a higher rate than surrounding areas.  

Sunnyside has always been a great location, but its lack of town center put it at a disadvantage over popular neighboring areas like The Highlands and Berkeley. This all changed recently due to major commercial reinvestment. Zuni St & 44th is quickly becoming an established town center with new popular…

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If you live in the Denver area, you’ve felt the rapid rise in home values. That’s because Denver averaged a 12 percent per year increase from 2013 to 2015. Wondering what’s causing it? Here are the top reasons why Denver home prices are growing so fast.  

    1. Supply & Demand - Thousands of people are moving to Denver every week and the housing market simply cannot keep up. According to the DMAR Trends Report, Denver's housing inventory hit a record low of 5,463 active listings this past May. It has come up since then, but it’s still almost 10,000 below our 30-year average.  It also doesn't compare to the 30,457 listings that we saw in 2006. No wonder they call it a seller's market.
    2. Rents Are Growing Too - Denver's rent growth is rising at a much…

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Denverites are all feeling the squeeze of rapid growth in our beloved Mile High City.  The growth has no foreseeable end, either. The Denver Office of Economic Development places Denver at 2.7MM people, with an expected growth rate of 50% by 2030. While the growth is obvious, the question is WHY? Here’s our top 10 explanations of why so many people are moving to Denver.

  1. The Media - Every week or so another national publication puts out an article about how great Denver is.  In fact, the US News & World Report just ranked Denver as the #1 Place to Live.  As locals, we get a sense of pride, but out-of-towners are hearing this message too...and packing their bags to move here as soon as possible.
  2. Thriving Economy - Forbes ranked Denver as the #1…

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Rendering for New Construction in Denver The Denver real estate market has seen an influx of new home builders in response to the shortage of homes for sale in Denver.  As I specialize in new construction in Denver, many of my clients know they want new construction, but don’t understand the different options.  There are now a variety of options for new construction in Denver, most of which fall into three main categories: Custom Homes, New Home Communities (also known as Tract Homes), and Spec Homes.  Like most things in life, all have pros and cons, so it all depends on what is best for you.

I created a breakdown of the differences between them, including the pros and cons.

Custom Homes

Fully Custom Homes are designed and built for an individual. You will never hear the word "No",…

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WE'RE NUMBER ONE....and we're not just talking about the Broncos.  The Denver real estate market wrapped up the year as the #1 real estate market in the country!  Here's some key 2015 Denver Real Estate Statistics from DMAR (Denver Metro Association of Realtors) market trends report.

2015 Denver Real Estate Statistics

2015 Denver Real Estate Market Statistics 

  • 14% year-over-year increase in home value (home owners - we'd say you are #WINNING)!  
  • 65,872 new listings, up 6% year-over-year 
  • $363,143 - Average sold price for all Denver residential properties in 2015 
  • Top three Denver area counties for homes sold in December 2015: Denver, Arapahoe, and Jefferson
  • $20.16 Billion sold volume in 2015 (yes, that's a B!)

2015 New…

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