Real Estate Blog

Renters would have the right to know why a property rejected their application, receive an itemized receipt detailing any and all fees, and get any unused fees returned if a bill introduced in the Colorado House becomes law.

Right now, “there’s no requirement that a unit even be for rent,” said Jack Regenbogen, an attorney with the Colorado Center on Policy and Law. “While this might violate your sense of fairness, there is nothing that would prevent a landlord, legally speaking, from collecting application fees on an ongoing basis even if every unit is filled.”

House Bill 1106 would change that by creating a set of rules landlords and rental companies would have to follow when it comes to charging and refunding application fees. The bill, as it’s currently written, would limit the fees property managers could charge to the costs of a credit check, criminal background check and administrative costs of a reference check. It would require landlords to refund any unused portion of those..

Home sellers in metro Denver came out ready to play ball in a big way in January, but buyers didn’t show up to meet them in equal numbers. That mismatch resulted in declining sales, longer listing times and slowing home-price gains.

The number of single-family home and condos sold in January fell 30.8 percent from December’s volume and is down 14.8 percent from the pace of a year earlier, according to a monthly update Tuesday from the Denver Metro Association of Realtors.

There were 1,909 single-family homes sold in January, down 30.2 percent from December, and 735 condos sold, down 27.9 percent from the prior month.

In recent years, a lack of available properties held back sales. But sellers were game-day ready. They listed 3,312 single-family homes in January, up from 1,565 in December, and 1,509 condos, up from 734 in December.

Despite lower mortgage rates, buyers didn’t engage as expected. The number of residential properties listed on the market, 5,881, is now 52 percent highe..

A decorated legend has been supplanted by a younger competitor. And we’re not talking about rejected headlines from the Super Bowl.

U.S. News & World Report on Tuesday released its Best Hotels in the USA rankings for 2019 and there was a shakeup at the top within Colorado.

The Little Nell in Aspen was recognized as the best hotel in the state and the 19th best in the country in this year’s rankings. It outdid the historic Broadmoor resort in Colorado Springs, which at No. 29, ranks as Colorado’s second-best hotel, according to U.S. News’ analysis. The two purveyors of luxury accommodations were Colorado’s only Top 50 finishers this year.

[RELATED: Gaylord Rockies Resort was anything but a sure bet]

Both hotels made U.S. News’ top 50 hotels in the country for 2018, but The Broadmoor was ranked highest among Colorado destinations, coming in 30th while The Little Nell was No. 33.

In its 2019 write up, U.S. News laud’s the Little Nell’s proximity to skiing — it’s at the base of Aspen ..

More than $210 million in Central Florida big deals and projects have been revealed so far this year.

These are the priciest commercial real estate sales in Birmingham during 2018, according to public records information obtained from American City Business Journals Leads. Figures are based on Jefferson County and Shelby County data from January to December 2018. Some city data may reflect postal information. In case of ties, sales are listed by earliest date of transaction.

Ed Backer is returning to the boutique firm where he once worked.

The Texas and Louisiana market includes offices in Houston, Dallas, Austin, and New Orleans and the firm plans to open an office in San Antonio next year.

David Beckham and his MLS franchise have competition from another soccer organization to build a facility around Lockhart Stadium in Fort Lauderdale.

On Feb. 5, the Fort Lauderdale City Commission voted to accept unsolicited proposals from both Miami Beckham Miami LLC and FXE Futbol for the 64-acre site that includes Lockhart Stadium and part of Fort Lauderdale Executive Airport, city spokesman Chaz Adams said. Outside bidders will have 21 days to submit competing offers.

It will ultimately be…

A hospital official says the project “sends a strong signal” that LifeBridge hopes to be a driver for more redevelopment in the area.

A longtime Cincinnati Center City Development Corp. vice president has joined Donovan Energy LLC as partner and chief operating officer.