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Real Estate

Denver-area room rates set record in 2008

January 16, 2009

The average room rate in the Denver area set a record in 2008, with the Democratic National Convention in downtown Denver accounting for almost 30 percent of the gain, according to a report released Thursday.

Record low mortgage rate

January 16, 2009

Rates on 30-year mortgages set a record for a fifth straight week by dropping to below 5 percent, the lowest mark since Freddie Mac started tracking the data in 1971.

Denver-area hotel room rates set record in 2008

January 15, 2009

The average room rate in the Denver area set a record of $125.88 in 2008, 6.1 percent higher than the previous record of $118.64 set in 2007, according to a report released today.

Metro housing holding its value

January 15, 2009

Home prices in the Denver-Aurora metropolitan area have less than a 1 percent chance of declining in value during the next two years, according to a national report released Wednesday.

Foreclosures in metro Denver decline 11.8 percent

Foreclosures in metro Denver decline 11.8 percent

January 14, 2009

At a time when the U.S. is mired in the worst foreclosure crisis since the Great Depression, the Denver area is seeing its first year-over-year decline in foreclosures in more than a dozen years. Above, Sheila Smith stands in front of a house in Broomfield that has been in a short-sale process.

Bell Tower given a shave

January 13, 2009

Developer Buzz Geller has put his 34-story Bell Tower condominium high-rise project on a diet.

NorthCreek's pricey units attract buyers

January 10, 2009

Denver, like the rest of the nation, is suffering the worst high-end residential real estate market in recent history.

Western pays $6.25 million for Village Inn half-block site

January 10, 2009

Western Development Group, whose ownership includes Christian Anschutz, has purchased the half- block Village Inn site at 222 Columbine St., in Cherry Creek North.

Lowry Range proposal falls apart

January 10, 2009

Lend Lease Communities LLC announced Friday that it has terminated its agreement with the Colorado State Land Board to develop the Lowry Range in Arapahoe County into what could have been one of the largest sustainable communities moving forward in the U.S.

Lend Lease kills Lowry development plan

January 9, 2009

Unable to resolve the water issues, Lend Lease Communities LLC has withdrawn its plan to develop the Lowry Range in Arapahoe County.

Price drop for homes not as bad in Denver

January 7, 2009

It may be small consolation if you bought a home in the Denver area at the top of the market, but the local residential real estate market is in far better shape than almost any other major metropolitan area in the country.

Denver-area home prices plunge a record 13% in 2008

January 7, 2009

Home sales volume in the Denver area plummeted by more than $2 billion in 2008 from the previous year.

In industry fraught with fraud, loan modifier offers real help

January 1, 2009

After Eric Quinn, 27, was late on a mortgage payment for his home in Broomfield, he was hounded by companies, many from California, which, for a large fee, said they would lower his monthly payment.

Construction braces for a bad year

January 1, 2009

Several sectors of the Colorado economy are struggling and bracing for a tough 2009, but none is in worse shape than construction.

Home improvement companies weather tough storm

January 1, 2009

A year that started poorly got worse for the nation's home improvement retailers as the housing market meltdown pushed the economy toward recession and financial institutions sparked a global economic disaster.

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