Real Estate Blog

Most of the attention on upwards of $12.5 million in state economic development aid to Fiserv Inc. focuses on the money going toward a new headquarters, but the company is eligible for the money simply by remaining at its current Brookfield Lakes location.

Francisco Rios, vice president of investments for CA Ventures, declined to comment about the company's reported interest in the property, which is owned by a group that includes the Catholic Archdiocese of Atlanta.

Investors are swopping into low-cost housing markets as rents rise.

It’s a good time to own Home Depot stock. Or a hardware store. Or a contracting business.

America is in the middle of a home renovation bonanza, according to research from Golden-based HomeAdvisor.

The average homeowner invested $6,649 in home improvements between March 2017 and March 2018, according to HomeAdvisor’s True Cost survey. That’s up $1,492 over 2017, itself a year in which HomeAdvisor’s annual survey tracked an $1,850 jump in consumer spending on home improvements.

The craze is multi-generational. Millennials completed more projects than any other age group, even if they spent 32 percent less on average compared to their baby boomer counterparts. Roughly eight out of every 10 millennial homeowners surveyed said they plan to spend more money on home improvements in 2018-2019 than they did in 2017-2018.

Driving the movement to stay put and fix up rather than move out are some issues Colorado home seekers know all too well at this point: A lack of homes for sale (though a ..

A tiny home village that since last July has provided housing in Denver’s River North Arts District for people who were experiencing chronic homelessness has a new home of its own.

The support team for Beloved Community Village on Friday signed a one-year lease with Zeppelin Development. The pact paves the way for the village’s 11 modular housing units and bathhouse to move from their current location at 38th and Blake streets across the South Platte River to Zeppelin’s mixed-use Taxi campus in December.

The tiny homes will occupy land that was previously home to a Ready Mixed Concrete facility on the north end of the 28-acre campus, adjacent to the parking lot for the Flight office building.

“This isn’t going to solve homelessness, but we’re trying to do our part,” Chris Woldum, Zeppelin’s vice president of finance and development, said. “We’ve got no immediate plans for development so trying to put the property to a good community use in the meantime was a no-brainer for us.”

Tim..

As the Meydenbauer Center turns 25, PSBJ Columnist Bob Wallace looks back at all that has changed on the Eastside in that time.

Carissa Travis is an early bird. She’s usually at school by 6 a.m., two hours before her second-graders arrive, because she does her best work when the hallways of Denver’s Steele Elementary are quiet. She spends seven hours on her feet teaching and then sometimes several more after school in training sessions or PTA meetings.

When she gets home from what can be a 12-hour day, Travis needs some space. It’s one reason the 29-year-old was eager to buy her own home. She also wanted to leave behind the revolving roommates and rising rent that caused her to move four times in five years.

But she found her teacher’s salary didn’t go far in a gentrifying city where the median home price is now more than a half-million dollars. It’s a familiar problem that’s especially acute in Colorado, which a recent study ranked dead last among states for the competitiveness of its teacher salaries. The average Denver teacher earned $57,753 last year, according to the district.

Just as Travis was ready t..

A proposed amendment to the Hawaii Constitution that would permit the Legislature to place a “surcharge” on investment properties will be allowed on the November ballot following a judge’s ruling on a motion filed by the counties seeking to block the question.

The counties last week filed a lawsuit in 1st Circuit Court seeking to strike the question from the Nov. 6 ballot, claiming the title of the ballot question — “Relating to public education and investment property” — and the question…

Housing prices declined in four King County markets, while homebuilders are cutting prices to sell more completed homes.

The West Coast tech giant has plans to construct another data center cluster just west of Bexar County, records show.