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Denver’s chronic housing shortage may peak this year with deficit of 32,000 homes and apartments

More than a decade after the Great Recession swept through Colorado and decimated an overbuilt real estate market, metro Denver is now experiencing the other extreme: a chronic tight supply of housing that is sending home prices and apartment rents skyward. It could take another 10 years or more to correct the imbalance, according to a new report on Denver’s housing crunch that points to a complex set of factors confronting metro-area homebuyers and renters, particularly those on the lower end or entry level of the market.

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Impact of the 2018 tax laws on real estate owners

As a result of nearly doubling the standard deduction to $12,000 for single filers and $24,000 for married filing jointly, according to Moody’s Analytics, as many as 38 million Americans who would otherwise itemize may instead choose the higher standard deduction under the new tax plan. The increase of the standard deduction, in essence, removes a previous tax incentive of moving from renting a residence to homeownership. A likely unintended outcome will be fewer Americans choosing to become homeowners versus renting a residence solely for the tax advantages.

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Millennials, HGTV changing the real estate marketplace, experts say

Having purchased a fixer-upper in Greece for $77,000 three years earlier, they were more selective about what they wanted in a home. Eventually they opted to have a home built. "We love the idea of creating whatever we want in a new home," said Jenny Goodness, 25, who is a registered nurse. Their choice reflects the transformation HGTV and millennials are having on both the Greater Rochester and state real estate markets.

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Near-Term Bearish Signal Identified For USA Real Estate Hldg (USTC) Shares

There is no easy answer when attempting to address the tough question of how to best approach the equity market, especially when facing a turbulent investing climate. There are many different schools of thought when it comes to stock trading. Investors may have to first gauge their appetite for risk in order to build a solid platform on which to construct a legitimate strategy. The wealth of available information has made the road a bit smoother to travel for amateur investors. Making the transition to the next level is most likely on the minds of many dedicated investors. Tracking technicals and fundamentals may also help provide a roadmap to help separate the contenders from the pretenders. As we head into the second half of the year, it remains to be seen which way the market will lean. Investors may have to do all the necessary homework in order to find stocks that will thrive under any market conditions.

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Correction: Insider Q&A-Credit and Real Estate story

AP Personal Finance Writer It may be winter now, but the spring house-hunting season is just ahead. John Danaher, president of consumer interactive at credit bureau TransUnion, says that makes this the perfect time for home-seekers who want the best terms and rates on a mortgage to take control of their credit. TransUnion is one of the three major credit bureaus, which keep track of and provide consumer credit reports. Your credit report and score are integral to securing the best terms for a mortgage.

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DENVER AREA'S 'HOTTEST' RESIDENTIAL NEIGHBORHOODS? TWO ARE IN ONE CITY

What are the Denver area's "hottest" residential real estate areas in 2018? Two are in Lakewood, according to Redfin. Each year, the online real estate company picks out the nation's and large U.S. metro area's "hottest" neighborhoods. Last year in the Denver area, it was Greenfield, located in the south Aurora/Centennial area, which was rated the ninth-hottest neighborhood in the country by Redfin. This year, no Colorado neighborhood made Redfin's national "hottest neighborhood" list. In fact, no neighborhood outside of California's Bay Area made the national list, as nine from San Jose and one from San Francisco were the top 10 in the country.

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Colorado landlord Aimco appeals verdict in its fight with Airbnb

A Denver-based national apartment operator is battling online short-term real estate rental company Airbnb again in California. Apartment Investment and Management Company (NYSE: AIV), known as Aimco, on behalf of four of its properties in Southern California, is fighting Airbnb for "brokering illegal short-term rentals" at Aimco properties. Aimco asserts that "Our residents do not want to live in a de-facto hotel for spring-break partiers, vacationers and other unvetted strangers who disturb the peace at all hours, who have caused significant property damage, and who pose a safety risk to our residents," said Keith Kimmel, Aimco executive vice president of operations, in a statement.

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Longmont area homesales, Jan. 28, 2018

The following data are supplied by Colorado Weekly Homebuyers List Inc., 303-744-2020. The names and addresses of real estate buyers are available on gummed labels that include phone numbers. LONGMONT AREA HOME SALES Listed are the buyer, the property address, the seller and the amount. Allenspark Gregory Lunsford — 69 County Road 113n, Eugene W. Saxe Trust, $65,000. Berthoud Cynthia Eley — 805 Gentlewind Way, Triton Berthoud Village LLC, $329,900.

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California Boasts 13 of 20 ‘Hottest’ Real Estate Markets in January

California was home to 13 of the nation’s 20 “hottest” housing markets in January, with San Diego ranking sixth, according to new data from Realtor.com. In San Diego, the typical home was on the market just 46 days, compared to 89 days nationally. In San Jose, the center of Silicon Valley, the market moved even faster with homes selling in 33 days. “There is no doubt that housing in many parts of California is as hot as the Mojave in August,” said Javier Vivas, director of economic research at the Realtor.com, which is the official website of the National Association of Realtors. “Even with sky-high prices, homes in places like the Bay Area typically sell twice as quickly as homes in the rest of the country, thanks to a supercharged economy and a major dearth of available properties,” Vivas said. “Barring a major change in the state’s economic strength, we expect these housing market conditions to continue for the foreseeable future.”

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Weichert, Realtors- Heiden Homes Realty

NEXT UP Real estate transactions for the week of January 28 Jan 29, 2018 11 hrs ago Realtor News- January 28 Sentinel Special Sections Weichert, Realtors- Heiden Homes Realty Weichert, Realtors – Heiden Homes Realty recognizes top agents for December, 2017. Jon Nash had the highest dollar volume in sales for December at Weichert, Realtors– Heiden Homes Realty. Cynthia Castaneda registered the most closings; and Castaneda tied with Marlene Brunet for the most new listings for the month. Jon is a native of Kansas who moved to Vernal, Utah at a young age. He's a graduate of Uintah High School, where he was Junior Class President and lettered in football and track. He focused on math, music and sports. Jon lived in Salt Lake City for 25 years, and has worked in the heating and air conditioning business for more than 20 years. He has worked in retail, owned his own business and was a territory sales manager in HVAC Distribution. He moved to Grand Junction two years ago and owns Comfort Zone Heating and Air.

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Colorado Dream Homes: $16M ranch near Steamboat Springs offers nearly 700 private acres

STEAMBOAT SPRINGS, Colo. - Whether you like fly fishing or horseback riding or you're just looking for some peace and quiet, this property in Routt County might be just right for you. Located along the Elk River near Steamboat Springs, the nearly 700-acre property is aptly named Elk River Ranch. The property is listed for $16 million by Hall and Hall. The centerpiece of Elk River Ranch is the owner's compound and main residence - a 7,937-square-foot custom-built home with four bedrooms and six bathrooms. The home features a huge stone fireplace in the great room and a decked-out kitchen with two dishwashers, two sinks, two islands and a wood-burning pizza oven.

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Northern Colorado home price increases expected to cool

In a real estate market that has been red-hot for years, a little bit of cooling is a good thing, Brandon Wells, president of The Group Real Estate, said Wednesday night That "healthy stabilization" is one of the top stories to watch in Northern Colorado's economic and real estate news, Wells told the crowd that gathered at Embassy Suites Loveland for the company's annual market forecast event. Showing statistics for the annual sales price appreciation in attached and detached homes in the Fort Collins-Loveland market, Wells pointed out increases ranging from 7.9 percent to 12.1 percent in the past five years. Home price increases still are well over the region's 39-year average of 5.25 percent, he said, but they slowed from 2015's 12.1 percent increase to 10.27 percent in 2016 and 8.43 percent last year.

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Colorado pot company looking to buy prominent downtown Eugene building, open marijuana store there

A Colorado marijuana company said it plans to buy a building in the heart of downtown Eugene, across from Kesey Square, and open a pot shop there. But Terrapin Care Station’s plan to buy the One East Broadway building has some downtown property and business owners worried that another marijuana store in the city center would hurt the area’s image — particularly in such a prominent spot. Those critics would prefer that the building be used for a more family-friendly venture. “It’s really an important place for us to have engaging storefronts,” said Nicole Desch, the owner of Heritage Dry Goods sundries store at 857 Willamette St., just around the corner from One East Broadway. A marijuana store, by law, caters only to customers 21 and older.

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Fort Collins' average home prices top $400,000; Wellington, Greeley buck trend

LOVELAND — Northern Colorado's home prices this year are expected to bump along at a moderate pace with average sales prices projected to increase between 5 and 9 percent, according to The Group Real Estate. Loveland is expected to see a 9 percent increase to bring the average price to $415,376. Fort Collins, Timnath and Wellington could see a 5 percent hike to $416,920. The combined average is skewed by some of Timnath's high-end developments, which pushed prices over $600,000 there last year. President Brandon Wells gave The Group's annual real estate forecast Wednesday at The Embassy Suites in Loveland before a full house of Realtors, developers and others.

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Norway wealth fund shuffles U.S. logistics property portfolio

Norway’s $1.1 trillion sovereign wealth fund and real estate firm Prologis Inc. (PLD.N) have sold 27 logistics properties from their joint U.S. portfolio to a unit of Blackstone (BX.N), the fund said in a statement on Thursday. Norges Bank Real Estate Management received $110.1 million for its 45 percent ownership in the Chicago, Florida and New Jersey buildings, which were acquired as part of a larger portfolio in May 2015. The fund said it had also bought a stake in a logistics property in San Francisco, paying $29.1 million for a 45 percent stake, while Prologis would buy the rest and manage the site.

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Assembly passes bill to help Wisconsin landlords by limiting housing inspections, making some evictions easier

MADISON - In a move that critics say could help bad landlords, the state would limit regular housing inspections and make it easier to evict some tenants, under a bill approved Tuesday. The Assembly sent the inspection proposal to the Senate on a 58-34 vote, with all Republicans except Rep. Todd Novak of Dodgeville voting in favor and all Democrats voting against. In separate legislation Tuesday, lawmakers also approved two bills to limit the ability of slumlords to purchase foreclosed properties. Those, too, went to the Senate.

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Local real estate firm delivers successful sale, support to grieving client

The House Buyers KC team recently worked with a Colorado woman and her partner to sell a Prairie Village house (pictured) after the client’s mother, the original homeowner, passed away. There are a number of steps you can take to financially and legally prepare for a loved one’s passing. Even with the most thorough preparation, however, a to-do list can quickly become daunting in the weeks that follow a death, especially if real estate is involved. That was the case for a Colorado couple that recently worked with House Buyers KC to sell a Prairie Village home. Before the homeowner passed away, she had transferred the house to her daughter’s name. Yet the couple still needed to clean out and sell the home, preferably quickly. “They were in town for the funeral and saw a Kansas City Star story about us,” said Kyle Walchshauser, sales acquisition, House Buyers KC. “They wanted a quick, easy process.”