Metro Denver’s luxury home market continues strong with million-dollar closed residential sales in May increasing nine percent over May 2014. Closed luxury condominium sales remained unchanged from last year. There were 97 closed million dollar sales in May, with year-over-year numbers climbing 19.4 percent to 314 sales compared to 263 in 2014. Kentwood Real Estate enjoyed a 17 percent market share with 130 million dollar active listings.
Denver, CO - January 24, 2013 - (RealEstateRama) -- Kentwood Real Estate, Colorado’s Premier Real Estate Company, has announced record sales for 2012 with a total of more than $1.7 billion in closed sales volume for the year, representing 3,272 real estate transactions with an average sales price of $525,219. Kentwood Real Estate is comprised of three offices staffed by a total of approximately 170 real estate brokers. The company’s performance ranks it among the top producing real estate companies in the nation.
DENVER, CO - October 25, 2011 - (RealEstateRama) -- Carol Ihli, Marketing Director for Kentwood Real Estate, and Lance Smith, Chief Information Officer for the leading real estate company, recently attended the Active Enterprise Network Annual Conference held October 5-7, 2011 in downtown Denver.
DENVER, CO - February 2, 2011 - (RealEstateRama) -- Judy Fahrenkrog, a leading real estate professional since 1981, has rejoined the top-producing team at Kentwood City Properties as a Broker Associate. Fahrenkrog has spent the past year as the on-site sales manager at NorthCreek Properties in Cherry Creek where she increased new home sales by 200 percent.
Seattle, WA - December 2, 2010 - (RealEstateRama) -- A Chicago billionaire paid $31.5 million for a home in Aspen, the most paid for a residential property in the luxury resort community this year. The buyer's broker, Steven Shane of SDS Real Estate, declined to disclose the name of his client. The seven-bedroom, nine-bath 12,432 square foot home sits on 44 acres at 2435 W. Buttermilk Road.
April 8, 2010 - (RealEstateRama) -- Among households with the lowest incomes, there are twice as many households as there are affordable rental units in Colorado. According to a report released today by the Department of Local Affairs' Division of Housing, there are 49 rental units affordable to every 100 households that earn $20,000 or less per year. The report assumes that households earning $20,000 can afford a monthly rent payment of $500, or 30 percent of monthly income.
December 30, 2009 - (RealEstateRama) -- Statewide vacancies in subsidized, deed-restricted units rose to 6.7 percent during the third quarter, while vacancy rates in non-subsidized, market-rate units were slightly higher at 7.4 percent. According to a report released today by the Colorado Department of Local Affairs¿ Division of Housing, third quarter vacancies rose from the second quarter rate of 6.4 percent, and are up from a rate of 5.7 percent reported during the third quarter of last year.
Here is an overview. Monday I am going to show a young buyer some Condos. The first two are near the airport, in a really nice neighborhood. They are only five years old, and they are both in great condition.
Gov. Bill Ritter today praised a new report that names Colorado to CNBC's prestigious annual list of America's Top States for Business, which ranks Colorado No. 5 and specifically cites the state's New Energy Economy.
A veteran local real estate broker, Greg Hahn, co-owner and co-founder of ReMax of Pueblo, says the Pueblo foreclosure filing rate doesn't actually reflect the local real estate market.
Metro Brokers Partners with Terabitz to Deliver a Technology-Advanced, Information-Rich and Consumer Friendly Website
New Metro Brokers Website Will Integrate MLS Listings to Give Consumers the Industry’s Most Up-to-Date Inventory of Homes in Colorado