Real Estate Blog

Each week on page 3 of our weekly edition we wrap up some of the more interesting tidbits floating around town in a column we call Capital Gains. This week: a glimpse at the Weird Homes Tour, cool local beer cans, Dell really loves the PGA and the proper way to say “Vrbo.”

A 7,325-square-foot home in North Oaks is on the market for $2,200,000. The house at 4 Blue Flag Court has four bedrooms and sits on a three-acre lot.

The house, spread across two levels, comes outfitted with a modern kitchen, four fireplaces and a whirlpool tub.

The downstairs is ultra luxurious. To the right of the stairs is a gated wine cellar with room for hundreds of bottles. Keep going and you'll reach a recreation room built around a TV and a fireplace. Towards the back of the room is a…

A Milwaukee-area couple is looking to turn a profit on flipping a 123-year-old home in the Bay View neighborhood.

Anthony and Teresa Machi, owners of Milwaukee Real Estate Solutions, acquired the property at 324 E. Deer Place in December for $105,000.

The home was built in 1896 and is 1,542 square feet. It has three bedrooms and one-and-a-half bathrooms. See the attached video for details on project.

The Machis, who have been in the real estate investment business for about a decade, are investing…

There goes the neighborhood. Kuma’s Corner, a heavy-metal-playing burger chain with five locations in Chicago, is expanding to Denver by the end of the year.

The restaurant is one of a handful of new businesses announced Friday for the developing River North Promenade area, which spans Arkins Court from 29th to 38th streets. Kuma’s Corner, Denver’s Logan House Coffee and Vīb Hotel (a trendier Best Western brand), are all in the works around 35th Street and Brighton Boulevard.

The burger joint is known for its metal-themed menu, with names like High on Fire (roasted red pepper, prosciutto, grilled pineapple, chili paste and sriracha) and Lair of the Minotaur (brie, bourbon poached pear, caramelized onions and pancetta). In Chicago, it serves local beers and spirits and forces its customers to listen to local metal music.

“Kuma’s and metal goes together like beef and bacon, ” the restaurant’s website says. “We don’t care if you don’t like metal, you’ll be jamming along with us in no t..

When it comes to owning a home in metro Denver, some consumers may feel like they do when in a store staring up at a product high on a shelf and wondering how they are going to get that thing down and into their hands.

But compared to many cities, the homeownership shelf isn’t so high in Denver that it can’t be reached with a small jump in income, according to an affordability analysis from the Canadian real estate brokerage Zoocasa.com.

Zoocasa looked at 35 major cities in the U.S. and Canada to determine how far the median income would stretch when it came to purchasing the median-priced home in a given market.

In 18 of those markets, or just over half, the median household would need to boost their incomes by $20,000 or more. In San Francisco, the median home price is $1.36 million, which requires an income of $236,268 a year to afford, assuming a 30-year mortgage at 4.5 percent and a 20 percent downpayment.

Problem is, the median household income is $96,265. That is rich by U.S..

Home values in metro Denver appear to have peaked last summer and are heading lower for the first time in seven years. That may provoke a sense of dread for those who struggled to stay afloat during the last housing downturn or lost everything in a foreclosure.

But on the whole, most homeowners along the northern Front Range have built a thick equity cushion, one that should help them weather whatever storm is coming.

“Denver has continued to maintain a healthy housing market with the percent of seriously underwater properties being some of the lowest in the nation,” said Jennifer von Pohlmann, director of content for ATTOM Data Solutions, a real estate data provider based in Irvine, Calif.

Metro Denver and other parts of the northern Front Range have enjoyed some of the strongest home price gains this decade, enough so that around 35 percent of mortgage borrowers in metro Denver are “equity-rich,” meaning their homes are worth at least twice as much as what is owed on the property,..

The development company is studying the proposal that could include two towers on a nearly one-acre property that today is a surface parking lot.

Approval for a large, mixed-use development in downtown Albany is still another month or more away after the city planning board didn't take action on the revised drawings at this week's meeting, a decision that irritated a project executive who had expected construction to finally start in April.

“I'm so frustrated with the process and where we are,” said Melissa Zell, president and chief operating officer at Pioneer Cos. in Syracuse, which is pursuing the hotel/apartment/retail development near…

The company derives a significant amount of its revenue from the marketing deal with Bass Pro Shops.

Players: Foutch Brothers LLC, developer; Foutch A+D, architect; Henderson Engineers, Thornton Tomasetti Inc., Taliaferro & Browne Inc., engineers; Enterprise Bank & Trust, financing; McCownGordon Construction, general contractor; Rosin Preservation, preservation specialist

Description: The $39 million renovation of the former Kemper Arena converted the space into a new two-level sports facility. The complex includes 12 mixed-use hardwood courts, four on the lower level and eight on the upper level,…