Colorado Real Estate News

Top 5 Renovation Trends for 2022

As working remotely has become more popular, a place where you live and work needs to be one that you love! Lots of homeowners and buyers have begun to upgrade their living environment, and if you’re looking to do the same, here are some of the top trending renovation ideas for this year.

1. Large Primary Bedrooms 

One of the most popular renovation trends has been the ever-growing size and popularity of the primary bedroom. Things that were once considered a luxury such as walk-in showers, double vanities, and touchless faucets, have become more of a necessity. Personal hygiene has become more important than ever and that is reflected in the growing demand for larger primary bedrooms fit for royalty. 

2. Colored Cabinets 

While white cabinets might always be the safe way to go when choosing the right color for your kitchen, more and more people are choosing to spice things up. Spending more time at home has led many to reflect on the personality of their indoor environments, and adding a pop of color to traditionally bland spaces has been a major growing trend this year. Some especially popular colors have been greens, soft yellows and brownish-pinks.

3. Black Design Accents 

Though you can never go wrong with white cabinets, one trend that has become very popular is the implementation of black accents in several areas of the home. It is famous for adding depth and an edgy feel to a minimalistic/contemporary design.

4. Creating an Office Space 

During the pandemic, everyone got a taste of what it was like to work from home. As a result, the demand for home office spaces has skyrocketed. Many have already begun to turn spare rooms or unused garage space into work areas for when they don’t need to come into the office. For the homeowner working from home, this renovation remains essential. 

5. Outdoor Transformation. 

After some time away from crowds, people have realized the value of beautiful outdoor spaces as a way to rest and relax. Many will spend more time on their deck or patio while looking for ways to upgrade their “getaway” space. As a result, outdoor furniture and decorations are a huge trend for the summer of 2022. 

As we begin to work outside of the office more and more, it is important that our homes, and now work environments, look their best. With these trending 2022 renovations, you can keep your home looking modern and up to date.   

Colorado Real Estate News

Northern Colorado Market Trends

February 2022 NoCo Market saw low inventory and shorter days on the market.

Hyperactive buyer demand was in full swing for the February NoCo market.

Fort Collins detached homes were selling for a median price of $671,174.

Detached homes sold on average after 29 days compared to 36 days last February, with sales volume increasing to $69,130,943, a 3.81% increase. Meanwhile, attached homes sold on average after 35 days on the market versus 58 in 2021, a 39.66 percent decrease. Sales volume for attached homes decreased from $23,268,668 to $20,017,854 but likely due to only 52 homes being sold in February 2022 versus 63 in 2021.

37 detached and attached homes sold in Berthoud in February 2022.

Berthoud’s detached market saw 30 homes go under contract in February 2022, a 9.09% decrease from February 2021, and its attached housing market saw 7 homes sold, a 250% increase from 2 last year.

Meanwhile, Timnath saw another decrease year-over-year in homes sold.

Timnath’s detached market went from 28 homes sold in February 2021 to 18 homes, a 35.71 percent decrease. In its attached market, Timnath also experienced a decrease in home sales at 2 versus 5, a 60% percent decrease, with sales volume in the attached marketing dropping from $1,849,690 to $919,485, a 50.29% decrease.

Boulder saw a pretty notable drop in detached and attached homes sold in February 2022.

In the detached market, only 52 homes were sold, down 27.78% from 72 in 2021, with sales volume dropping to $87,785,312 from $95,314,432 in February 2021. Days on the market for detached homes also notably dropped from 69 in 2021 to 39. In the attached market, sales were down from 83 in February 2021 to 53, a 36.14% decrease, with sales volume also dropping from $47,429,028 to $38,421,109.

Loveland also experienced ongoing inventory woes, in both detached and attached markets.

In the detached market, 84 homes were sold, down 22.94% from February 2021. The attached market was down 35%, with only 13 homes sold in February 2022.

*Written March 7, 2022. Updates may be available after this date.

Colorado Real Estate News

Fun Winter Activities in Denver

Even with the snow and dropping temperatures, there’s still lots of fun to be had in the Mile-High City. With plenty of places to kick back or learn something new, here are a few things to check out if you’re looking for some enjoyable activities in downtown Denver.

Take a Ride on the West Denver Brewery Bike Loop

This fun bike ride will take you on a scenic view around west Denver between WestFax, Joyride, Hogshead, Oasis and Seedstock on the last Saturday of each month. Bike the loop and earn a free beer! Traveling to 5 West Denver Breweries, enjoy a cold beverage and FREE beer voucher at the end. Participate with friends or family for an unforgettable trip!

Warm Up with Hot Chocolate at Union Station

Often referred to as “Denver’s living room,” Union Station is a premier spot to eat, drink, mix and mingle with locals and visitors alike. If you’re trying to escape the cold, grab a cup of delicious hot cocoa as you see travelers coming and going from the active train platform in the back. It’s also a great place to bring friends to sip cocktails or enjoy a meal at one of the many award-winning restaurants inside.

Indulge at The Brown Palace Hotel

The iconic Hotel that has hosted many Presidents and Celebrities, offers tea and other treats every afternoon from noon to 4 p.m. Listen to a live pianist while being treated to top-notch service and beautiful spreads of freshly brewed herbal teas, scones and finger sandwiches.

Explore at the Denver Museum of Nature and Science

Where else can you see dinosaurs, Egyptian mummies and learn about far-away planets? The Denver Museum of Nature and Science is an experience that nobody forgets and is fun for the whole family. With all sorts of fun shows and activities, it’s the perfect place to spend a day off and learn something cool about science.

Spread your Wings at the Butterfly Pavilion

Tired of the cold? Denver’s Butterfly Pavilion is the perfect place to get a taste of the tropic here in Colorado. The pavilion is home to more than 1,600 free-flying butterflies and has more than 5,000 creatures living there. Tickets are $9 for kids, $13 for adults and must be purchased in advance.

Though these activities are great ways to spend the colder days in Colorado, they’re still available all throughout the year! With so many things to learn, do and see, there’s something for everyone to enjoy.

Colorado Real Estate News

Top 5 Romantic Restaurants in Fort Collins

A romantic date night is a simple yet thoughtful gesture to say thank you to your significant other. If you’re looking to treat them to a nice dinner up north, check out these restaurants in Fort Collins that will have you booking another reservation for your next special occasion.

RARE Italian

RARE Italian showcases cuisine influenced from Italy and American Italian. This welcoming and lively restaurant is well known for their hand-made pastas and dry-aged steaks which are openly displayed in the space. What pairs better with a ricotta ravioli or a beautiful eight-ounce filet? A sophisticated red wine. RARE provides an extensive wine selection from all areas of the world that will elevate your date night to a higher level. Visit RARE Italian in the heart of Old Town at 101 South College Avenue.

Cafe Vino

Cafe Vino is a local CSU alum-owned restaurant located next to the university campus off South College Avenue. This casual-yet-classy setting offers a diverse European-inspired menu crafted with local and organic ingredients. Their simple and concise dinner menu offers something to satisfy every craving, especially their fine in-house desserts. Experience the many tastes of the world with your significant other by sharing a wine flight where any of their 200 wines can be selected for tasting. Or enjoy a signature craft cocktail that will elevate your dining experience.

Sonny Lubick Steakhouse

Treat your loved one to the most iconic steakhouse in Fort Collins, the Sonny Lubick Steakhouse. This steakhouse was named and inspired by the legendary CSU football coach, Sonny Lubick of the late ‘90s and early 2000s. The restaurant has a polished casual atmosphere that serves high-end steaks and seafood accompanied by a warm brick, leather and wood interior. Their menu provides endless combinations of steaks, toppings, sauces and sides to fulfill any craving. The steakhouse is also home to one of the most highly regarded wine cellars in Northern Colorado that will elevate your dinner beyond expectations.

Jay’s Bistro

Jay’s Bistro is a great go-to formal date night location in the heart of Old Town. Jay’s has been serving food in Fort Collins for more than three decades and was voted the best fine dining in Fort Collins in both 2014 and 2015 by Issuu media. Jay’s offers a more intimate experience with live piano and jazz music events on the weekends. This environment paired with entrees of surf and turf to vegetarian lo mein are the keys to a successful romantic date night.

The Still Whiskey Steaks

For the couple looking to enjoy American comfort food that will leave their stomachs satisfied at the end of the night, look no further than The Still Whiskey Steaks. This casual and enjoyable location combines a classic steakhouse with log cabin-inspired décor that is instantly comforting. Their dinner menu does not disappoint. Serving everything from seafood and fried chicken to sustainably-sourced burgers and their famous hand-cut whiskey-marinated steaks. They have an extensive drink list including 80+ whiskeys with 40 from Colorado. The Still Whiskey Steaks is the perfect place to try something new and will make you feel at home. Located at 151 N. College Avenue in the heart of Old Town.

Treat your special someone to a dinner they’ll never forget. With great atmosphere, food and drink, it’s sure to be a night for the books.

Colorado Real Estate News

Frequently Asked Questions for Homesellers

You may be hesitant to sell your home. We get it. The memories are profound. Perhaps the window overlooking the willow tree will always be where your cat perched, or the bathroom is where you realized your family of three was soon to be a family of four. Although it may seem challenging to move on from your house, a new home will provide a better canvas for new memories to bloom in a space better catered to you and your family’s needs. So, let’s dig in and alleviate some questions you may have. 

1. Should I sell my home now? Why?

Absolutely. The real estate market is white-hot right now and homesellers are benefiting greatly. According to the Denver Metro Association of Realtors®’ June Market Trends Report, the average increase in active listings from April to May is 8.11 percent. However, May of 2021 saw a decrease of 20.01 percent, the most significant month-over-month decrease on record. The only other month-over-month decrease came in 2000 at 3.15 percent. With scarce inventory, millennials reaching peak homebuying years and the renewed importance of home, hungry buyers are clamoring to purchase properties and are willing to pay a premium for their dream home.

Are you not convinced? According to Realtor.com, the national median listing price increased 15.20 percent from the previous year, hitting $380,000. The market is on fire and waiting for you to capitalize on it, but sellers should act fast. Interest rates dipped below 3.00 percent at the end of May, but low rates won’t be here for the long term. Homebuyers have greater purchasing power with lower interest rates so selling your home now or within the next few months will earn you the most value for your residence.

2. Are there costs to selling my house?

Yes. Typically, you must pay 10 percent of your home’s value in fees and expenses. 

Selling expenses can break down into the following categories:

  • Prepping and staging your home 
  • Real estate agent’s commission
  • Repair costs
  • Seller concessions 
  • Homeownership costs
  • Closing costs 

However, with residential real estate’s close-to-list price of 105.92 percent in the Denver metro during May 2021, that additional income can take care of a great deal of the costs.

3. How long will it take to sell my house?

Waiting for your house to sell used to feel like watching paint dry. But the good news is that the average is much lower than you’d think. According to the Denver Metro Association of Realtors®’ June Market Trends Report, homes are flying off the shelves. May 2021’s residential real estate had average days in MLS of only 11 compared to 24 days a year ago. 

4. What can I do to maximize my profits?

Making your home as presentable and appealing will enable you to receive as much profit as possible. Consider fixing minor aspects of the house, such as leaky plumbing and loose doorknobs. Keeping the yard maintained is a simple fix that could make a significant difference—adding fresh mulch in flower beds or new pine straw to give an orderly first impression to prospective buyers. Presentation is everything. For some expert guidance, Kentwood’s unique Amplify service grants you access to a curated team of professionals trained on how to best enhance your home’s appearance and value with no cash out of your pocket until your property is sold. 


If you are on the fence about selling your home, you should strongly consider listing it now, as the conditions are primed to earn you a large amount of cash for your property. The memories and familiarity may seem challenging to move on from, but the comfort and joy that you created in your old house can be brought with and improved upon to make any new space your home, along with benefiting from a better-suited environment. For assistance with selling your residence and navigating our unique market conditions, contact an experienced Kentwood broker today. 

Colorado Real Estate News

CEO Reflections

Written by Kentwood president and CEO Gretchen Rosenberg

Rooted in… Change

In 1996 when I embarked on my career in real estate, I quickly learned that no two transactions, no two clients and no two co-op agents would ever be the same.

Experienced real estate brokers, whether they practice residential, commercial or leasing services, know this is a fluid business. They understand how change impacts people’s need for different surroundings. They also become adept at managing expectations and outcomes.

Managing Expectations

It’s reasonable for you to believe your real estate broker will be honest, forthright and ethical throughout your relationship and transaction. In fact, we have a duty to be just that. These relationships are bi-lateral, however, and in order to have the best working relationship it’s important for the consumer to be able to receive news and advice from their broker with an open mind. The best way I found to help clients manage expectations was to give them their options, wait a beat, and then ask them if they had any questions and how they wanted to proceed.

Managing Outcomes

Once the options are weighed, sometimes with the advice of counsel, sometimes with the input of home inspectors, the next steps can be plotted. This is where an adversity to change can negatively impact the outcome. Real estate isn’t a zero-sum game, there are people on the other side of the transaction. People with their own motivations, hopes and desires. We must always keep the best outcome for our client front and center, while being open to changing course, giving here and there, or getting what we may not have expected. That’s negotiation.

Changes in circumstances, even when they’re a positive step forward in a life plan, can cause stress and anxiety. Top real estate brokers are attuned to this dynamic and assist their clients in finding the best way forward.

At the end of all of this change lies the outcome, and this is what Kentwood has always been about. Results for the people who have entrusted us with their life changes.

Our company purpose says it best:

At Kentwood, we believe in community.

That we accomplish more together.

That deep roots matter.

We inspire people to imagine the next steps in their life journey.

Colorado Real Estate News

Law firm founder lists Cheesman Park home for $3.5 million

Check out the full article on BusinessDen here!

Owned by the founder of Hill and Robbins law firm, Bob Hill is listing his Cheesman Park home, having lived there since 1993. The property is listed at $3.5 million by Jim Rhye from our Kentwood Cherry Creek office.

The home, built in 1930, was designed by Fisher & Fisher – a well known architectural firm in Denver known for several prominent homes and buildings.

Learn more about the property and its history by visiting BusinessDen.com!

Colorado Real Estate News

The Top Reasons People Are Moving This Year

Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many people to re-evaluate what homeownership means and what they find most important in a home.

In 2019, 67,000 people moved to Colorado according to the US Census Bureau. In July, the Front Range Housing Market remained very competitive. Many sellers were collecting multiple offers over asking price as people continue to move to and around the front range

According to Zillow:

“In 2020, homes went from the place people returned to after work, school, hitting the gym or vacationing, to the place where families do all of the above. For those who now spend the majority of their hours at home, there’s a growing wish list of what they’d change about their homes, if possible.” 

With a new perspective on homeownership, here are some of the top reasons people are reconsidering where they live and making moves this year.

1. Working from Home

Remote work is becoming the new norm in 2020, and it’s continuing on longer than most initially expected. Many in the workforce today are discovering they don’t need to live close to the office anymore, and they can get more for their money if they move a little further outside the city limits. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR) notes:

“With the sizable shift in remote work, current homeowners are looking for larger homes and this will lead to a secondary level of demand even into 2021.”

If you’ve tried to convert your guest room or your dining room into a home office with minimal success, it may be time to find a larger home. The reality is, your current house may not be optimally designed for this kind of space, making remote work and continued productivity very challenging.

2. Virtual Schooling

With school about to restart this fall, many districts are beginning the new academic year online. Education Week is tracking the reopening plans of schools across the country, and as of August 21, 21 of the 25 largest school districts are choosing remote learning as their back-to-school instructional model, affecting over 4.5 million students.

With a need for a dedicated learning space, it may be time to find a larger home to provide your children with the same kind of quiet room to focus on their schoolwork, just like you likely need for your office work.

3. A Home Gym

Staying healthy and active is a top priority for many Americans. With various levels of concern around the safety of returning to health clubs across the country, dreams of space for a home gym are growing stronger. The Home Builders Association of Greater New Orleans explains:

“For many in quarantine, a significant decrease in activity is more than a vanity issue – it’s a mental health issue.”

Having room to maintain a healthy lifestyle at home – mentally and physically – may prompt you to consider a new place to live that includes space for at-home workouts.

4. Outdoor Space 

Especially for those living in an apartment or a small townhouse, this is a new priority for many as well. Zillow also notes the benefits of being able to use yard space throughout the year:

“People want more space in their next home, and one way to get it is by turning part of the backyard into a functional room, ‘an outdoor space for play as well as entertaining or cooking.’”

Many urban dwellers remain enamored with the dynamic urban lifestyle and still enjoy condo living. Those that wish to remain downtown are looking at properties with larger patios or building rooftop decks. They look forward to the lock and leave lifestyle again in future months, but want to enhance their current space with a home office and an area to get outside on those lovely Colorado days.

Moving May Be Your Best Option

If you’re clamoring for extra space to accommodate your changing needs, making a move may be your best bet, especially while you can take advantage of today’s low mortgage rates. Low rates are making homes more affordable than they have been in years. According to Black Knight:

“Buying power for those shopping for a home is up 10% year over year, with home buyers able to afford nearly $32,000 more home than they could have 1 year ago while keeping their monthly payment the same.”

It’s a great time to get more home for your money, just when you need the extra space.

Bottom Line 

People are moving for a variety of different reasons today, and for many people, their needs have changed throughout the year. If you’ve been trying to decide if now is the time to buy a new home, contact a Kentwood broker to discuss your options!

Colorado Real Estate News

Transformation and Resilience: U.S. Real Estate Markets Thriving Despite Pandemic

Click here to read the article by Bristol Global

Jason Exley, the Director of Relocation at Kentwood Real Estate, discusses the current state of the real estate market during the COVID-19 pandemic. Check out the article on Bristol Global to learn more about how real estate is thriving and the resilience of many major markets in the last several months.

Jason discusses how real estate continually adapted, and what the future of conducting business may look like in this new virtual landscape.

Colorado Real Estate News

Lower Downtown Denver’s McGregor Square Project Retains High Buyer Interest

Check out the article on PR Newswire

Click here to read about the McGregor Square Project

McGregor Square is located right next to Coors Field in LoDo. It spans one fully city block, and includes a social plaza, a dining hall, and curated retail. This residential tower is filled with 103 residences ranging from 450 to 6,000 square feet. McGregor Square is on track to be completed in the Spring of 2021. Today, McGregor Square is 60% sold!

“Residences have amazing balconies and terraces, restaurants have generous outdoor seating and the plaza provides an active 30,000 square-foot outdoor space for residents to safely enjoy gathering,” says Kentwood Real Estate Broker Associate Dee Chirafisi.

McGregor Square is represented by our Broker Associates Dee Chirafisi, Kevin Garrett and Matt McNeill.