The origins of the “three rules” of real estate call into question whether location should be viewed as the most important characteristic when evaluating real estate. At the 17th Annual CU Real Estate Forum, Gunnar Branson highlighted William Safire’s research on the origins of the phrase “location, location, location.” According to Safire’s research,
U.S. Supreme Court Fair Housing Act Case Settles, Disparate Impact Stays Put For Now
For the second time in two years, a negotiated settlement will prevent the U.S. Supreme Court from deciding the validity of disparate impact claims under the Federal Fair Housing Act. The governing body of Mount Holly Township, New Jersey, voted November 13 to approve an out-of-court settlement in the case of Township of Mount Holly
Denver’s Housing Market in the New Year
A housing market report released by Clear Capital shows that the West region has been the front-runner of the recovery in the single-family housing market, with a strong year-end finish. The West region saw year-over-year growth of 11.8% and was the only region to see quarterly price gains in December, with 2.1% growth.
Denver has
Colorado Apartment Vacancy/Rental Rates Suggest Market Optimism
This article in today’s Denver Post discusses how, despite some regional variation in vacancy rates and rents, the statewide trends suggest optimism among property managers and landlords concerning future demand.
The recent uptick in multi-family housing construction in some parts of Colorado indicates that developers may be feeling the same way.
It will be
Generation Y Wants Urban Lifestyle
As discussed here by The Wall Street Journal, the vast majority of Generation Y, a larger demographic than baby boomers, wants an urban lifestyle. Of those born between 1980 and the early 2000’s, 88% want to live in an urban setting rather than in traditional, suburban communities. They want a pedestrian-friendly environment. They also prefer