Living Urban in Denver: Real Estate Blog 
What to do in Denver this weekend? First Friday Art Walk tonight.
Friday, September 3rd, 2010 at 1:16pm. 104 Views, 0 Comments.
What is there to do this Mother's Day weekend in Denver? With the sun out and lots going on, there will be plenty to do to thank Mom for all she does. So why not start the weekend off right tonight with one of Denver's excellent Art Walks? It is a perfect opportunity to see some of Denver's best and newest art, mingle with friends and neighbors and even find that unique gift for Mom! Below are links to the top Art Walks in Denver. It should be a great night, so get out there to enjoy some art and try something new.
Tennyson Street Artwalk - One of Denver's largest art walks. Between 38th and 45th on Tennyson. Enjoy a great meal at one of the awesome restaurants on the street and then hit one of the many galleries and boutiques. …
You Gotta Go - The 8th Annual Sunnyside Music Festival
Friday, September 3rd, 2010 at 7:22am. 77 Views, 0 Comments.
We're all heading to the Sunnyside Music Festival on Saturday, September 11th! LIVE Urban Real Estate is a proud sponsor of this fun, free, family-family event, and many of our brokers are very involved in 'putting on this show!' Stay in the loop and LIKE them on Facebook.
So, how'd it start? In 2000, the (then named) Sunnyside Bluegrass Festival began in the backyard of a neighborhood couple who wanted to have a free music festival for their friends and neighbors. It started with 2 bands, 2 kegs, 50 people and about 20 dogs. The next year, a monsoon rolled off of the mountains and it was rainy and about 45 degrees all day, but the event grew in both attendance and beer consumption. The founders knew they were getting somewhere in 2002…
Is now a good time to buy a short sale in Denver?
Thursday, September 2nd, 2010 at 2:37pm. 98 Views, 0 Comments.
Is now a good time to buy a short sale in Denver? In the past few years, the term short sale has become very popular in the Real Estate world. Some love the term and have been able to get some terrific deals buying and selling via short sales. And others curse the term after spending months working on getting a short sale sold to no avail. But after looking at the number of Short Sales that have sold to date in the Denver Metro area, perhaps it is time to take a closer look.
In a terrific blog out today by John Rebchook with insiderealestatenews.com, click here, it appears that short sales in the metro area rose by 48 percent in the first seven months of 2010, compared with the same period in 2009.
According to Rebchook, the vast majority of the…
Stapleton Update: The Central Park Boulevard Interchange Project is Ready to Launch!
Thursday, September 2nd, 2010 at 11:13am. 97 Views, 0 Comments.
Since 2000, the former 4,700 acre site which housed the Stapleton International Airport has been redeveloped into one of the nation's largest urban mixed-use infill developments. Stapleton has a projected build out of 30,000 residents and expects to provide employment for 35,000 workers.
A critical part of this redevelopment plan is to connect the Stapleton community north and south of I-70. This will be done through two separate but coordinated projects: the City and County of Denver (CCD), the Colorado Department of Transportation (CDOT) and the Federal Highway Administration's (FHWA's) Central Park Boulevard Interchange Project, which will connect Central Park Blvd. with I-70 and I-270; and Forest City Stapleton and Park Creek Metro District's…
Can I really buy a house in Denver for less than I am paying in rent?
Monday, August 30th, 2010 at 12:10pm. 123 Views, 0 Comments.
It sounds too good to be true, but can I really buy a house in Denver for less than I am paying in rent? With these interest rates so low right now, the answer more often than not, is in fact, yes, you can buy for less than you are paying in rent. How could this be you ask, it all has to do with the interest rates and prices being so competitive in Denver right now.
Ever since I have been in Real Estate, I have heard agents and lenders throw this phrase around, "you can buy for less than you rent." Sometimes that proved to be true, but when interest rates were at 6%, it wasn't always the case. But welcome to 2010 and interest rates in the 4 to 4.5% range. Now payments start to change dramatically and this whole buy verse rent scenario starts to make…
What to do in Denver this weekend? Hawaiian Highlands Pub Crawl!!!!!
Friday, August 27th, 2010 at 3:49pm. 195 Views, 0 Comments.
What to do in Denver this weekend? How about the Hawaiian Highlands Pub Crawl this Saturday, 7pm to 12 am, Highlands Square. For only $20, you will receive punches for food and drink at all the participating restaurants along Highlands Square and qualify for some amazing door prizes. A great way to support your local community, businesses and schools. Tickets available at Ooh! Aah! Jewelry at 4216 Tennyson Street until Saturday at 5 pm. For more information, visit http://www.facebook.com/HawaiianHighlands
I'm buying a house in Denver. Do I need to worry about the FHA Anti-Flipping rule?
Thursday, August 26th, 2010 at 1:15pm. 153 Views, 2 Comments.
I'm buying a house in Denver. Do I need to worry about the FHA anti-flipping rule? The answer to this question I am learning is much deeper than it appears. As of last year, I would have said yes, you do need to be cautious of it. Now, I would say no. But after today, I have learned that the answer is still yes. Confused yet? You're not the only one, let me explain.
For some reason that probably made sense at one point, FHA would not lend on a home that had been flipped in the past 90 days. This meant that if the current owners had bought the home, fixed it up, and immediately put it back on the market, FHA would back a loan on the house until 90 days had passed from the time the current owners bought the home until a contract was written on the…
Does Low Interest Rate Make a Difference?
Wednesday, August 25th, 2010 at 3:43pm. 109 Views, 0 Comments.
Late last year and early this year there was a lot of press about the $8,000 Tax Credit for home buyers. After that expired you might have felt like you missed a great deal and decided not to buy. Believe it or not, interest rates are so low right now that you can save more in the first five years of owning a new home than you could have received from the Tax Credit.
This deck (and the house attached to it) is For Sale at 1993 S Marion
Let’s take a look at how these two situations compare for a buyer named Bob. Just for fun, let’s call him “Tax Credit Bob” and “Low Interest Rate Bob” in these two scenarios.
Tax Credit Bob bought a $208,000 home. He put as little money down as he could ($8,000) leaving him with a $200,000 loan. At the time…
Missed the $8,000 tax credit? Good news. These low interest rates can save you three times that much!
Wednesday, August 25th, 2010 at 3:27pm. 82 Views, 0 Comments.
Did you miss taking advantage of the $8,000 first time buyer tax credit in April? While it certainly was a great deal that would have been nice to take advantage of, don't sweat it too much if you did. With the insanely low interest rates available right now compared to when the tax credit was in effect, you can save more than three times as much as the tax credit offered by buying now with these great rates.
An article out today in the Denver Post outlines how these low mortgage rates can outweigh the benefits of the tax credit. For example, someone taking out a $240,000 mortgage today at a 4.42 percent interest rate could save $33,287 in interest costs over the life of a 30-year loan. That's four times the $8,000 credit used by a first-time…
Six LIVE Urban brokers named to 5280 Magazine's FIVE STAR Agent List
Wednesday, August 25th, 2010 at 1:12pm. 215 Views, 0 Comments.
We're so proud of six of our agents who were selected by 5280 Magazine as some of the best real estate brokers in Denver. Congratulations to Susie Best, Jan Bonnett, Pam Catania, Lisa Hoskins, John Skrabec, and Nicole Winsauer. They were all named as FIVE STAR Agents. Check them out in the September 2010 Edition of 5280 Magazine!
FIVE STAR Real Estate Agents scored highest in overall satisfaction by their clients.
The FIVE STAR Real Estate Agent Program is designed to identify and showcase real estate agents in Denver that score highest in overall satisfaction. As part of an in-depth research process, real estate agents are evaluated by their customers and real estate industry professionals based on customer service, integrity, market knowledge,…
What to do in Denver this weekend? First Friday Art Walk tonight.
What is there to do this Mother's Day weekend in Denver? With the sun out and lots going on, there will be plenty to d...
Add Comment Read MoreYou Gotta Go - The 8th Annual Sunnyside Music Festival
We're all heading to the Sunnyside Music Festival on Saturday, September 11th! LIVE Urban Real Estate is a proud sponsor of t...
Add Comment Read MoreIs now a good time to buy a short sale in Denver?
Is now a good time to buy a short sale in Denver? In the past few years, the term short sale has become very popular in...
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