Gord Collins summarized his predictions for the 2018 housing market. With a good economy and a lot of new construction, things are looking good. But, on the other hand, prices could increase with less labor and higher lumber. Collins will answer if you should sell or buy in the new year, the best cities to find a home for sale that will give you a good return and much more.
Read the full article The US Real Estate Forecast 2018 to 2020
The US Real Estate Forecast 2018 to 2020November, December, January and the coming spring 2018 real estate season should be interesting times. The economy is solid, trade deals look okay, new construction is active and recovering from the hurricanes in Texas and Florida, and the California fires.
Labor shortages and higher lumber costs are looming which could mean house prices could rise, and perhaps fewer resale houses will be for sale. If you’re buying or selling, check out the factors that will affect the housing market for the next 5 years.
Denver is trending to be #23 on the list of top cities in 2018. Topping the list is Seattle, Austin and Salt Lake City.
Visit Emerging Trends in Real Estate U.S. and Canada to get the full list and summary of top cities to live.
Markets to watch in 2018Now in its 39th year, Emerging Trends in Real Estate is one of the oldest, most highly regarded annual industry outlook for the real estate and land use industry. The market outlooks included in each edition are based on an extensive survey, multiple interviews, and individual market focus groups. Readers’ interest in all markets continues to increase, so the 2018 edition provides a regionally based look at all 78 markets included in this year’s survey. Throughout the report, we’ll explore a variety of trends we’re seeing in the industry, as well as analyze the prospects for 78 metropolitan markets for the coming year.
Denver and Colorado as a whole are rapidly changing, growing and turning from what I remember being a sleepy, dark, quite city to a bustling, trendy place filled with hipsters and new ideas. The city itself is making a major shift. The Highlands, for example, used to be a neighborhood filed with crime. I remember when my cousin told us he was moving to the "new up and coming Highlands," my family was very concerned, because they remembered this neighborhood as one that you did not go to at night. And yet, with parks, food trucks, restaurants that have been featured on the food network, live music and high end apartments and homes, the Highlands is slowly leaving behind it's negative connotation. This is no different from the RiNo neighborhood either. Another crime ridden section on Denver, more notably referred to as Five Points, RiNo has become a swanky neighborhood for young professionals. Urbanist wrote an article about other neighborhoods, a little less known than the Highlands, that are rising in ranks and becoming great places to live.
Read the full article!
1. Harvey Park still has affordable housing compared to the rest of the Denver market. Transportation with easy accesibligy, buses and bikes is easy and the park itself offers an oasis. With trails, open space and lakes, this southwest neighborhood lets you escape the city's hustle.
2. Cole is a historic neighborhood that is transforming. With remodeled Victorian homes, a close location to downtown and affordable prices, this is becoming a great starter neighborhood for first time buyers.
3. East Colfax, like the Highlands, is transforming. Still holding onto its crime ridden name, people still might feel hesitant to the area. But, Colfax is the next hotspot for redevelopment close to downtown Denver.
4. Chaffee Park in Northwest Denver has become one of Denver's safer neighborhoods with affordable prices and an accessible location.
Looking for that memorable moment this holiday season? The historical Brown Palace in downtown Denver was open on August 12, 1892. This elegant hotel is most notable amongst the industrialization, as it takes you back in time to the days of the Wild West. Henry Cordes Brown purchased the land for his cows to graze on and later donated part of the land to the State Capitol building and part of his money to the city's library. With the help of Frank E Edbrooke, Brown built his Palace Hotel on the remaining land beginning in 1888. Today, this hotel offers a pleasant stay, an array of history and a royal afternoon tea for its guests to enjoy. Celebrate the holidays with friends or family by treating yourself to a truly decadent experience. Please note, Afternoon Tea fills up quick, so be sure to make a reservation ahead of time!
Afternoon Tea at The Brown PalaceEXPERIENCE THE TRADITION IN OUR DENVER TEA ROOMNo visit to our luxury hotel in Denver is complete without experiencing afternoon tea at The Brown Palace. Complete with herbal teas, scones, and finger sandwiches, our Denver tea room provides guests the opportunity to witness the unique longstanding tradition that is afternoon tea in Denver.
With Devonshire cream shipped directly from England and the soft sounds of a harpist or pianist floating in the air, this is truly an experience you won't soon forget.
The Brown Palace's Afternoon Tea Hours:
The Flagstaff House, located up Flagstaff Rd, just 5 minutes up the mountain from Boulder, offers award winning cuisine and a dining experience not to miss. This holiday, why not gift your loved ones with a memorable meal out? With a multi-course meal, beautiful views of Boulder and an award winning wine selection, you will be sure to relax, enjoy good company and not have to do the dishes after. Read our other blog about the Flagstaff House below:
Exquisite Dining: Flagstaff House
Located just 5 minutes from Boulder, Flagstaff House sits at 6,000 ft on the mountainside of the beautiful Boulder Flatirons. Originally a cabin built as a summer home, the Flagstaff House transformed to a venue for special events and later became an upscale restaurant in 1954. In 1971, the current owners, the Monette family, bought the restaurant and transformed it into the elegant restaurant it is today. With plenty of renovations and extra love, this restaurant offers not only beautiful views of Boulder, but an award winning wine list and exceptional French-American food.
The restaurant won Best American Food in the 2016 Boulder County Gold Awards, the Wine Spectator Grand Award 32 years in a row and features a chef who recently was named Chopped Champion on the Food Network show; Chopped.
So, treat yourself, dress up and enjoy a night out at this Boulder staple. You can host a private party, join the restaurant for special tasting events, enjoy a drink on the terrace or enjoy decadent multi-course meals at Flagstaff House!
For more information visit Flagstaff House
Denver lights up for the holidays once Dec. 1 hits. Between popular venues putting on spectacular light shows and the Civic Center being lit up for the whole community to see, getting in that holiday spirit is made simple in Colorado. Below are a few events for you and the family to enjoy.
BLOSSOMS OF LIGHTDenver Botanic Gardens
This annual holiday lights extravaganza transforms our York Street location into a twinkling winter wonderland.
5:30pm to 9:00pmDECEMBER 1 - DECEMBER 31The Zoo is closed Christmas during the day and for Zoo Lights (Monday, December 25)
Zoo Lights will span through 60 acres of Denver Zoo's campus, with nightly entertainment, animal encounters, Santa meet-and-greets and, of course, illuminated animal sculptures that swing through trees, jump across lawns hide in bushes and appear in places where they’re least expected. Running December 1 until December 31, is one of Denver’s most anticipated events, which is a great opportunity for folks of all ages to enjoy the holidays or kick off the New Year with family, friends and colleagues.
BUY ONLINE AND SAVE. LIMITED TICKETS EACH NIGHT!*Daytime admission (including membership) does not include Zoo Lights.
Visit Online for tickets
The Denver Business Journal released this article stating that In-N-Out Burger does plan to move to Colorado. In it's beginning stages, the chain is set to open up a patty production facility in Colorado Springs to help supply it's restaurants when they open. Read more below:
In-N-Out Burger is coming to Colorado
By Mark Harden and Ed Sealover – Denver Business Journal
Nov 30, 2017, 10:37am MST Updated Nov 30, 2017, 1:53pm In-N-Out Burger -- a California chain famous for its "Double Double" and popular with many Colorado fans -- said today it will make its Colorado debut.
The company said in a statement that it plans to open a "patty production facility" in Colorado Springs ahead of opening restaurants in the state.
"In-N-Out Burger is excited to be in the early planning stages of its expansion to the state of Colorado," Carl Arena, the company's vice president of development, said.
"We are working on plans to build a patty production facility and distribution center in Colorado Springs to support future restaurants in Colorado."
The company did not say when the facility will open.
"Because we are still in the early development phase, we don’t yet have a timeline for the construction of either our support facilities or future restaurants," Arena said. "However, the steps we are taking now represent the first of many on the road to serving customers in Colorado."
EnlargeIn-N-Out Burger's signature Double-Double Burger and French Fries.
Westside Investment Partners Inc., a Denver real estate investment firm, said that In-N-Out has a contract to buy a 22-acre site at the Victory Ridge commercial complex (formerly known as Colorado Crossing) in north Colorado Springs for its production facility, and that the chain eventually plans to open a restaurant there.
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Irvine, California-based In-N-Out Burger does not have any Colorado locations; the nearest stores are in Utah and Arizona.
Andy Klein, a principal with Westside, said that the burger chain sought out the Colorado market and that the courtship was a relatively short one. He had been talking with In-N-Out for just a couple of months before inking the deal, he said.
While Colorado is the seventh state in which the chain will operate, it's just the second place outside of California where it will build a patty factory, indicating an over-and-above commitment to growing along the Front Range, Klein said.
While he knows that the company will ship its never-frozen patties into the Denver area from the Colorado Springs plant, he does not know exactly where or when they'll open up a restaurant around Denver.
In opening in Colorado, In-N-Out enters a market that already is packed with burger concepts.
The Denver area is home to national chains such as Smashburger, Red Robin Gourmet Burgers (Nasdaq: RRGB) and Good Times/Bad Daddy's Burger Bar, which are owned by the same company, Good Times Restaurants Inc. (Nasdaq: GTIM). Local concepts such as Park Burger also are growing quickly.
Klein, who considers himself a "devout follower" of In-N-Out, acknowledged that it faces competition as it enters this new market. But he said he believes that Coloradans who haven't tried its burgers yet will grow to love at is Californians have.
"While we're not short on [burger concepts], we're short on the one that's the best," Klein said. "They have a commitment to quality that stands out."
In-N-Out regularly pops up in conversations — particularly among California transplants — about chains that Coloradans would like to see come to the state.
In an informal 2010 DBJ survey, readers ranked In-N-Out Burger second among the top chains they'd like to see in Colorado. The other two favorites — Trader Joe's (No. 1) and H&M (No. 3) — have since arrived here.
There have been rumors for years that the chain would be expanding to Colorado. In 2011, Denver City Councilman Albus Brooks -- a native Californian -- said he was putting bringing the burger chain into Denver on his agenda.
Brooks was raving about today's announcement. "It is real folks!!! ... IN N OUT!!!! Coming to Colorado Springs first. Congrats," he tweeted.
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