Keller WIlliams Luxury Logo
Home » Look for the Bloom Instead of the Gloom

Look for the Bloom Instead of the Gloom

by | May 7, 2008 | Luxury Market | 0 comments

Fuller Towne and Country Managing Broker George Leonard is frustrated. So are a lot of other Denver area realtors. It seems the media reports of Denver’s real estate market are, shall we say, on the dark side. Like others, Leonard is ready for a few positive stories about Denver real estate. How about some upbeat news about neighborhoods that are selling well, or those that are holding their value?

I hate to startle the naysayers, but speaking with realtor Gary Lohrman, I learned of two homes in Greenwood Village that both recently sold in one day. The homes were between $1 and $2 million; both homes had multiple offers and both sold for full price. Sounds like sunny skies in Greenwood Village.

How about Hilltop? Negative reports circulate that this area is overbuilt and has too much inventory and too many scrapes. Realtor Dewitt Petty agrees there have been a lot of scrapes but is also quick to point out a positive Hilltop trend in the older Tudor-style homes ranging from $630K to $725K. Petty sold three Tudors since the first of the year, and all three were on the market for a mere 30 to 60 days. So much for the rumors about buyers being skittish.

Safeway just built one of their largest stores in Conifer, and King Soopers and Staples are close behind. People are moving to the 285 corridor, including Conifer, because the area offers larger land parcels, gentlemen’s ranches, and affordable horse properties. Jeff Courtney has lived in Conifer his whole life, owns the UPS store in town, and says he’s never seen so many new faces. Maybe that’s why his business has grown 20 percent for the second consecutive year.

Other neighborhoods are pretty frisky, too, like Washington Park, Bonnie Brae and the Highlands. There is good news on the real estate front in Colorado; you just need to look around. Denver is not all gloom and doom and should not be lumped in with depressing national news.

If you have a positive story about what’s happening in your neighborhood, write to me at the e-mail address below. I’d love to hear it.

Recent Posts

It’s All About The Secret Sauce!

It’s All About The Secret Sauce!

A question came from a consumer who asked, “how we are selling so many properties, so quickly, and for top dollar?” My answer was, “it’s all in the secret sauce!” What I mean by that is it’s all in our system and people. We’ve created the system, tested the system,...

read more
Big Island Featured Restaurant & Activity for May

Big Island Featured Restaurant & Activity for May

Featured Activity: Hike the Pololū Valley Trail   Located at the end of the Akoni Pule Highway in North Kohala is the scenic Pololū Valley. This valley was once home to a community of taro farmers, but after the creation of the Kohala Ditch, which diverted much...

read more
March Market Statistics for the Kohala Coast

March Market Statistics for the Kohala Coast

Real estate activity was sluggish in the month of March with a slowdown in condominium sales; however, there was a small uptick in home sales. Kohanaiki led activity with the sale of four homes and two condominiums. Kūki`o followed with two home sales and one condo...

read more
Big Island Featured Restaurant & Activity for April

Big Island Featured Restaurant & Activity for April

Featured Activity: Kuleana Rum Works Mai Tais is one of Hawai`iʻ s iconic cocktails, but did you know Hawai`i Island is also home to Kuleana Rum Works, a company which crafts award-winning rum from the fresh juice of sugar cane grown on its farm in North Kohala? If...

read more
I’m the Short-Term Guy!

I’m the Short-Term Guy!

I took a phone call from a consumer this week and as we started the phone call, he said to me, “Hey, you’re the short-term guy”! At which I replied, “What?” He said, “Yeah, I watch all your YouTube videos on short term vacation rentals and they’re valuable...

read more

Recent Listings

Call Now