Tagged: Economy

Denver buyers developing an attachment to townhomes as fewer new homes list under $400K

Denver buyers developing an attachment to townhomes as fewer new homes list under $400K

Nearly three in 10 of the new homes hitting the market are attached, up from a low of 15.8 percent of the mix in 2012 and the highest share for that kind of housing since 2008.

Plans for massive neighborhood east of Aurora take a step forward

Plans for massive neighborhood east of Aurora take a step forward

Arapahoe County commissioners on Tuesday moved forward on the first phase of Prosper, a vast 9,000-home community pitched for a 5,100-acre site southeast of Watkins.

Denver’s millennial renters are growing restless thanks to high housing costs

Denver’s millennial renters are growing restless thanks to high housing costs

Nearly two out of three metro Denver renters are looking to move to another area over the next five years, but many are headed to somewhere else along the Front Range, a survey from Apartment List finds.

Denver home sales and prices drop in July, putting area brokers on alert

Denver home sales and prices drop in July, putting area brokers on alert

A drop in home sales and average home prices between June and July has raised concerns that the metro Denver housing market may be topping out.

Denver home sales and prices drop in July, putting area brokers on alert

Denver home sales and prices drop in July, putting area brokers on alert

A drop in home sales and average home prices between June and July has raised concerns that the metro Denver housing market may be topping out.

Denverites define $2 million as the entryway to wealth, lower than national mark

Denverites define $2 million as the entryway to wealth, lower than national mark

Nationally, the “financially comfortable” mark was $1.1 million and the wealthy mark was $2.4 million, according to a online survey of 1,000 people. In metro Denver, financially comfortable was defined as $541,700 and wealthy as $2 million, according to a survey of 500 people sponsored by Charles Schwab.

Denver’s apartment-building frenzy nears end – slowdown predicted in 2018

Denver’s apartment-building frenzy nears end – slowdown predicted in 2018

Denver no longer has the demand for more luxury apartments. The report also notes a cultural shift: Millennials are starting to move out of rentals in or near downtown to purchase property farther from the city center.

Denver’s apartment-building frenzy nears end – slowdown predicted in 2018

Denver’s apartment-building frenzy nears end – slowdown predicted in 2018

Denver no longer has the demand for more luxury apartments. The report also notes a cultural shift: Millennials are starting to move out of rentals in or near downtown to purchase property farther from the city center.

Former Colorado mortgage board chairman accused of stealing test questions for his employer

Former Colorado mortgage board chairman accused of stealing test questions for his employer

A former gubernatorial appointee who oversaw the state board that regulates Colorado’s mortgage loan originators for years allegedly stole test questions used by the national agency that certifies that profession, then repurposed them at a company where he helped people pass the exam, according to a federal lawsuit.

Drilling and development are on collision course in northeastern Colorado

Drilling and development are on collision course in northeastern Colorado

The clash between growing communities and oil and gas production in northeastern Colorado, heightened by a deadly home explosion this spring, will only intensify in coming years, a Denver Post analysis of drilling permits suggests.