Real Estate Blog

People who relocated to metro Denver from other states in the past decade earned higher incomes — by an average of $3,100 per household — than those who left, despite being a couple years younger, according to a new study.

And for those newcomers relocating from expensive coastal cities, metro Denver’s rents and home prices represented a relative bargain, which helps explain why home prices and rents here have risen above what income gains could justify and why some households have found themselves priced out.

“You are taking the brunt of California’s housing refugees. Metro Denver is still affordable to them,” said Issi Romem, chief economist at BuildZoom, a website that helps people locate contractors and conducted the study.

Romen studied migration patterns in 442 metro areas between 2005 and 2016, comparing the age, household size, incomes and educational levels of those leaving versus those coming.

His research showed a pattern of polarization, with a group of cities gaining m..

By Juan Zamorano and Stephen Braun, The Associated Press

PANAMA CITY — U.S. President Donald Trump’s company appealed directly to Panama’s president to intervene in its fight over control of a luxury hotel, even invoking a treaty between the two countries, in what ethics experts say was a blatant mingling of Trump’s business and government interests.

That appeal in a letter last month from lawyers for the Trump Organization to Panamanian President Juan Carlos Varela was apparently unsuccessful — an emergency arbitrator made days later declined to reinstate the Trump management team to the waterfront hotel in Panama City. But it provides hard proof of exactly the kind of conflict experts feared when Trump refused to divest from a sprawling empire that includes hotels, golf courses, licensing deals and other interests in more than 20 countries.

“This could be the clearest example we’ve seen of a conflict of interest stemming from the president’s role as head of state in connection wit..

Owners of an apartment that burned to rubble, killing two construction workers, have notified possible litigants that a determination of responsibility for the blaze awaits further investigation by Denver fire inspectors.

Because the cause of the blaze has not been settled, the owners of Emerson Place Apartments, and their respective insurance providers, “do not acknowledge that they are responsible for the alleged damages that prospective claimants purport to have sustained,” according to Matt Moseley, spokesman for Allante Properties, the Greenwood Village company developing the five-story, wood-frame apartment complex in Denver’s North Capitol Hill neighborhood.

The cause of the March 7 fire at 1833 Emerson St. remains under investigation. The three-alarm blaze killed two men and injured six people. It also destroyed about 30 vehicles and damaged 13 nearby buildings.

Related Articles

Owners of Denver apartment building destroyed in March fire deny responsibility pending inves..

The Shorewood building that became a neighborhood landmark operating as Hayek’s Pharmacy for 100 years sold on Monday to an investment group led by developer Elan Peltz that plans to restore it for new retailers.

A push to add a Topgolf to a new entertainment zone near M&T Bank Stadium could be one step closer to reality.

The city's Board of Estimates is set to vote Wednesday on a new space for the Baltimore Animal Rescue and Care Shelter, freeing up a key parcel of land in South Baltimore for the golf attraction.

Caves Valley Partners was the only development team to respond last April to a Baltimore Development Corp. request for proposals for redevelopment of a 2.5-acre parcel of city-owned land…

The prospect of Amazon.com Inc. choosing a site in Greater Washington for its second headquarters has become standard conversation fodder at seemingly every public event or gathering these days, and the opening of Rosslyn, Virginia's newest hotel built on the site of a former Colony House Furniture store was no exception.

Prompted to speak about HQ2 by Mark Carrier, president of the B.F Saul Co. Hospitality Group, Arlington Economic Development Director Victor Hoskins acknowledged the county is…

The prolific developer of Easton Town Center is considering a major property in Worthington for possible redevelopment.

Yaromir Steiner of Steiner + Associates has shown interest in the 37-acre United Methodist Children's Home property in Worthington, west of High Street between Wesley Boulevard and Larrimer Avenue. He has talked with the UMCH owners and developer Lifestyle Communities, as well as city officials, about the site's potential.

The City of Worthington said the conversation is “in…

Talks between the two giants about WeWork's new Mountain View location, its largest lease to-date, have been ongoing for months. But this week the two finally struck a deal.

The Fairchild Coconut Grove condo broke ground on Tuesday, promising luxurious units along Biscayne Bay.

ROVR Development, led by principals Oscar Rodriguez and Ricardo Vadia, are building the 26 condos at 3581 E. Glencoe Street. They will range from 1,714 to 4,114 square feet and are priced from $1.6 to $4.6 million.

Rodriguez said the condos are 60 percent pre-sold, all with 50 percent deposits committed. The buyers are about evenly split between domestic residents and foreign residents, especially…

Housing prices continue to rise across the Triangle, but the uptick is particularly high in one Triangle metro.