December industry news

 

Buyers Want ‘Sold’ Photo Shoot After Closing

First-time buyers are showing greater interest in sharing their status as new homeowners with their peers online, so many real estate pros are staging photo shoots to help them capture and share the moment on social media.

Full Article – Realtor Magazine

 

Here are 6 housing predictions to know for 2018 

The latest report from realtor.com shows the market will begin to see more manageable increases in home prices and a modest acceleration of home sales. Analysts from the real estate listings website also predict Millennials will begin to increase their market share of homeownership in 2018.

Full Article – Housing Wire 

 

Backyard Cottages

Home values are spiking wildly in west Denver. Are hundreds of backyard cottages part of the affordability solution?  City officials are backing pilot that aims to provide stability for homeowners, plus more rental housing

Read article – Denver Post

  

New development coming to Denver’s Sunnyside neighborhood

An industrial section of Denver’s Sunnyside neighborhood will soon be home to a two-building residential complex. The two-building Zia complex will include 312 for-rent apartments and 119 for-sale condos. The bottom floor of the eight-story complex will include 7,500 square feet of ground floor retail, and the complex will have work-from-home areas, a fitness center, and an outdoor lounge space, a rooftop dog park and a pool.

Read article – Denver Business Journal

 

Slaying That Credit Score – New Tips For A New Year

Getting ready to buy a house or just thinking about it? Where to buy, what to buy, and how you’ll afford it are probably top of mind. But if you’re not also concentrating on your credit score – and by concentrating on, we mean actively trying to raise your scores as much as possible – you’re not looking at the whole homebuying picture.

Read article – Realty Times

 

Sales of Denver-area million-dollar homes soared in October

There were nearly 40 percent more million-dollar home sales in the month of October compared with a year earlier.

Read article – Denver Business Journal

 

Millennials: We Don’t Want to Be Renters

Though many are stuck renting out of financial necessity, millennials show the same desire for homeownership as their parents and grandparents—and traditional suburban properties appeal to them more than renting or buying in cities.

Read article – Realtor Magazine

 

1 Month Left to Sell Before Possible Tax Hike

The National Association of REALTORS® has released an interactive chart showing the estimated impact of tax reform on home values across the country.

Read article – Realtor Magazine

 

Broomfield complex scooped up for $95 million

Oak Brook, Illinois-based Inland Real Estate Group purchased the complex. The 8000 Uptown Apartments were built in 2015 and are located within walking distance of the US 36 transit station.

Read article – Denver Business Journal

 

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