Metro Denver is currently the least affordable market in the country for first-time home buyers, according to newly released statistics. Major factors include millennial newcomers whose willingness to pay more is boosting prices higher and higher and higher.
The Ballpark neighborhood has weathered some tough times in recent years. Lately, though, the neighborhood has been re-energized, with a push to create a business improvement district. And now it looks like the city has a hit with The Square on 21st, a new summer pop-up park on 21st Street.
Scott Pack has been indicted by an Arapahoe County grand jury for what attorney Matthew Buck has called “the largest fraud case in the history of Colorado’s marijuana industry.” Buck, who filed a lawsuit in the matter earlier this year, says the grand jury’s findings tie Pack to what prosecutors describe as a massive operation that grew marijuana for distribution outside Colorado and previously led to the indictment of sixteen people, including Pack associate Rudy Saenz. Among those reportedly indicted along with Pack is Renee Rayton, a former officer for the state’s Marijuana Enforcement Division.
Like the rest of Denver, Broadway is booming. As you travel one of the city’s “great thoroughfares” from north to south,and back again, you pass through the city’s past…and see glimpses of its future.
The first city-endorsed tiny homes project, Beloved Community Village at 38th and Walnut streets in RiNo, just received a big financial boost that might help push it to the construction finish line. The Barton Institute for Philanthropy and Social Enterprise gave the settlement a grant of $20,000, and committed to another $20,000 in matching funds.
The Denver Post, which announced in May that the paper’s newsroom will be moving out of its iconic Denver address, at 101 West Colfax Avenue, to the newspaper’s printing facility in Adams County, at the intersection of 58th Avenue and Washington Street, has agreed to sublease the space to the City of Denver for use as employee offices. By year’s end, in all likelihood, an area once devoted to keeping the government accountable will be occupied by workers from the government itself.
A court victory by two Colorado landowners who complained that the smell from a nearby marijuana grow made horse riding on their property less pleasant advances a strategy, based on federal racketeering laws, that anti-marijuana forces hope will help them to destroy the marijuana industry here and throughout the country.
It’s been more than nine months since the Denver Broncos were officially granted naming rights to Mile High Stadium following the bankruptcy of Sports Authority, the company that previously held them. Thus far, no business has stepped in to fill the void, and while a marketing expert believes a rights agreement will likely be reached prior to the start of the 2017-2018 regular season, he thinks smaller, less stable firms should stay away lest they suffer the same fate as Sports Authority, whose doom, he says, was hastened by the deal.
It’s a beautiful late spring day in Colorado, a good time to get to one of the festivals in town or head to open space, where you can stop, smell the wild roses and forget the challenges of living in Denver.
Denver rent prices, which seemed to be stabilizing earlier this year after a long stretch of increases, have now risen for the fourth consecutive month, according to a new report from ApartmentList.com. Prices are up on a year-to-year basis in ten out of ten metro-Denver areas surveyed by the site.
The mere idea of 40,000 spiders in a room is a nightmare for most people. But for Paula Cushing, arachnid enthusiast and researcher, it means that the Colorado Spider Survey has been a success.
A new study estimates that it will take Denver millennials sixteen years to save enough to cover a down payment on a home. The reasons go beyond how difficult it is for young people to make a living in Denver despite the strong economy to include the failure of wages to keep up with housing costs, poor saving habits and misunderstandings about how much money it will take to purchase a house or condominium right now.
Yet another survey confirms what we already know: Denver is the most popular place to move to in the United States. At least, so said 1,000 respondents in a recent nationwide survey compiled by the real estate website homes.com. Choosing between six major U.S. cities — Denver, Los Angeles, New York City,…
The National Western Center is galloping ahead with plans to become a year-round destination and regional asset, and recently sent a survey to stakeholders, geared toward creating a unified brand for the billion-dollar project.
Stats about Denver’s scorching hot (read: nearly impossible to enter) housing market abound, but I didn’t truly understand how crazy things were until my husband and I started looking ourselves. The first time we toured a crap hole and learned later the house had 22 offers — most over asking price —…
Stacy Rewitzer and Jo Roby, a pair of flight attendants for Frontier Airlines, are at the center of a federal complaint that accuses the carrier of discriminating against them and their colleagues by not providing adequate accommodations related to pregnancy and breastfeeding, with one plaintiff maintaining that a representative of the carrier told her she’d have to wait approximately ten hours in order to express breast milk. The charges arrive one year after the filing of a similar lawsuit on behalf of four Frontier pilots.
Dozens of readers have weighed in on a recent story, Why It’s So Hard to Make a Living in Denver Despite Strong Economy. David A. posted on Facebook: The pay scale here isn’t keeping up with the rising rents. My first apartment 10 years ago cost me $620 for a…
On Friday morning, May 19, Mayor Michael Hancock and other Denver officials announced at the city’s annual Housing Summit a number of new initiatives to address homelessness, rising rent costs and a lack of affordable housing in Denver. Mayor Hancock opened the summit, which was held at the Hyatt Regency…
A home-bidding tactic known as the escalation clause is currently ubiquitous in Denver’s red hot housing market. But while the clause may give buyers a better chance to land the home of their dreams, a local broker says buyers can wind up financially over their heads if they don’t use it very carefully.
Efforts to calm traffic on West 38th Avenue, Wheat Ridge’s once and future Main Street, have drawn some positive reviews — and confusion, anguish and anger.
The main report in Last Week Tonight With John Oliver’s May 14 episode tore into the kidney dialysis industry, with a particular focus on Denver-based DaVita, a company the HBO host said owes an apology to Taco Bell because of CEO Kent Thiry’s comparisons between his firm’s business practices and the approach of the fast food giant.
Finding that dream house in Denver’s red hot real estate market has become so difficult that one couple has sent a letter to approximately 1,200 homeowners in the Park Hill neighborhood whose properties aren’t for sale in the hope of convincing someone to let them buy their place anyhow.
