Colorado Real Estate News

Kentwood Real Estate Announces Diversity, Equity and Inclusion Council

In its commitment to addressing homeownership disparity in Colorado and the real estate industry, Kentwood Real Estate has formulated a Diversity, Equity and Inclusion (DEI) Council. The council is actively identifying and executing on initiatives to help underserved communities and to educate the brokers and staff through education, community activation and engagement, and by influencing policies.

“Diversity, equity and inclusion within our brokerage and our neighborhoods has always been a top priority to our leadership team,” said Gretchen Rosenberg, president and CEO of Kentwood Real Estate. “The DEI (Diversity, Equity and Inclusion) Council is a place to create conversations in safe open dialogue. We want to unite the company, learning about our differences, and highlighting how this makes us stronger. We want to create a regular cadence of internal communication about opportunities for engagement in the community at large and in National Association of Realtors® affinity organizations.”

Members of the DEI Council are as follows:

Education is at the heart of the program. The DEI Council is planning an all-company panel on a range of topics tied to diversity, equity and inclusion. Furthermore, every broker in the company, plus a guest of their choosing, will be encouraged to attend at least one function per year with affinity or community groups. The ‘plus-one’ program will encourage brokers to tap into their sphere of influence to both expand education in the community and facilitate a level of comfort for people stepping into new situations.

On more granular levels, the DEI Council is examining all touchpoints within the company to find ways to ensure the brokerage is addressing diversity, equity and inclusion at every level – from translating homebuyer and seller books into Spanish, to confirming the equal housing guidelines are optimally represented on all marketing material.

Kentwood Real Estate is a proud member of the Asian Real Estate Association of America (AREAA), the Colorado Association of Hispanic Real Estate Professionals (CAHREP), the National Association of Hispanic Real Estate Professionals (NAHREP®) Denver Chapter, the National Association of Gay & Lesbian Real Estate Professionals (NAGLREP) and the National Association of Real Estate Brokers (NAREB). Kentwood Real Estate is passionate about and committed to advocating for diversity, equity and inclusion in the housing industry and beyond. To learn more about Kentwood Real Estate and available listings, visit www.Kentwood.com.

Colorado Real Estate News

Why 4th Quarter is a Great Season for Real Estate

Written by Kentwood Real Estate President and CEO Gretchen Rosenberg

The seasons are changing and it’s time to finish raking leaves; time to make sure you enjoy the great Colorado Outdoors while it’s still semi-summer and time to consider making a move.

Before stepping into management, I spent 22 years in real estate sales. It never failed that September through November were among my best months every year.

Odds of Selling

As a homeowner considering putting your house on the market or up for lease, your “odds of selling” are among the highest at this moment. It’s not typical to see a jump in inventory during the final quarter of the year and home buyers are left to sift through what little inventory there is. Anything new on the market is usually hotly contested. By choosing to get your house on the market soon, you know the buyer pool is at the highest it’s been in years.

Buying Power

Mortgage rates remain historically, breathtakingly low. The current odds of selling your home in Metro Denver rests at 73.4%. The ratio of buyers to sellers is out of balance in the Colorado real estate market. Those are some great odds! The pool of buyers has maximum affordability at current prices because of low mortgage rates.

In the Northern Colorado market, affordability is greater, with more to choose from in mid-tier price ranges. With similar inventory issues in the communities surrounding Fort Collins, buyers are left struggling to win the day among competitive bids. Having an experienced real estate broker in your corner can help you wade through a complex and sometimes frustrating process.

Craving Space 

Buyers are craving space with another COVID winter in our future. Many people are hoping that a move to a larger property will afford them the ability to weather the storm, literally. If you are thinking of listing your home for sale, consider your location’s appeal and price carefully. The odds of selling are high, but buyers are looking for updated and move-in-ready in most cases.

It’s the season for selling! Contact any Kentwood Real Estate broker for more information on listing or buying residential or commercial property in Metro Denver, the foothills, up the I-25 corridor, and areas surrounding Fort Collins in Northern Colorado. We’re here to provide you the information you need to make an informed decision. Tis the season!

Colorado Real Estate News

As single-family homes get snatched up, downtown condo listings stack up

While you may have heard that homes are being sold quickly and at record prices, one piece of the Denver real estate market doesn’t quite compare. The downtown condominium inventory continues to rise, and the prices continue to drop.

Read the full article in BusinessDen, and see what our Kentwood City Properties broker, Dee Chirafisi, has to say about the downtown market. Dee has been working in the downtown market for over 25 years now and shares her expertise on the subject, and what she believes will happen in the coming months.

Read the full article here: As single-family homes get snatched up, downtown condo listings stack up

Colorado Real Estate News

Kentwood Real Estate President and CEO Gretchen Rosenberg Honored with the 2020 HousingWire Vanguard Award

HousingWire announced today that Kentwood Real Estate President and CEO Gretchen Rosenberg has been honored with its 2020 HW Vanguard Award. This is the sixth year that HousingWire has recognized executives in the housing industry for their outstanding leadership. Rosenberg was selected for being a leader within the housing industry by “moving markets forward, each and every day” and positively contributing to the growth of the housing economy. 

“In the program’s most competitive year yet, 50 winners rose to the top, boasting their outstanding achievements in innovation and leadership,” said HousingWire Magazine Editor Kelsey Ramírez. HousingWire’s 2020 Vanguards have led their respective companies to spectacular success, as evidenced by expanding products, services, and profits.

“The achievements of this year’s Vanguards are hard to overstate,” said HousingWire Editor in Chief Sarah Wheeler. “They are leading some of the most iconic and successful mortgage and real estate companies in the world and adapting and innovating even in the midst of a global pandemic. The Vanguards represent the industry’s best and brightest, and we are excited to celebrate Gretchen Rosenberg’s remarkable accomplishments.”

As President and CEO of Kentwood Real Estate, Rosenberg’s role first and foremost is to support Kentwood brokers. Today, Rosenberg leads Kentwood’s growing elite team of over 240 Realtors® in Colorado’s finest luxury brokerage, which has produced more volume per agent than 99% of all real estate companies in the United States.

Under Rosenberg’s leadership, Kentwood Broker Associates closed over $2 billion in total sales volume and closed over 3,000 transactions last year. The overall average sales price notably rose year over year to $767,556 with four of the top 10 highest-priced home sales in metro Denver, more than any other brokerage in the top 10, according to REColorado data.

Additionally, Rosenberg has led Kentwood through the COVID-19 crisis. Stay-at-home orders disrupted what would have been a record-breaking start of the 2020 spring residential real estate rush. As other brokerages scrambled for direction, Rosenberg’s proactive leadership kept Kentwood’s brokers in front of the crisis by issuing guidance with every new milestone.

To learn more about Kentwood Real Estate and Gretchen Rosenberg, visit www.Kentwood.com.

Colorado Real Estate News

McGregor Square is Nearing Completion

McGregor Square is nearing completion! Denver’s newest luxury high-rise residence, located right next to Coors Field, is 65% sold out! It’s on schedule for occupancy in early 2021. Check out the link below for the full story!

http://kentwood.re/mcgregorsquare

Colorado Real Estate News

Denver home of late art collector, philanthropist Ginny Williams sells for $3.5M

Kentwood Real Estate broker, Gina Lorenzen, listed and sold this custom-built home located at Hilltop’s highest point on Cranmer Park. This home was designed by award-winning New York architect, Michael Gabellini.

Check out the article on Denver Business Journal to learn more about the history of this home, and Ginny Williams — the late art collector and philanthropist who previously owned it.

Click here to read the full article!

Colorado Real Estate News

Kentwood Real Estate President and CEO Gretchen Rosenberg on DenX Panel

Photo by Alyson McClaran, for the article on BusinessDen. Click here to view the full article and see more photos from the event.

President and CEO of Kentwood Real Estate, Gretchen Rosenberg, served on a panel at DenX this week. She was one of four female leaders chosen to discuss their industry and professional experiences.

Click here to read the full article on BusinessDen to learn more about what happened at the event.

Colorado Real Estate News

Top Denver-Area Luxury Homes sold in Q2

Lakehouse, located on Sloan’s Lake in Denver, was designed to blend comfort and sustainable design. With an extensive list of amenities, and no detail overlooked, it is Colorado’s only WELL Precertified community. Lakehouse provides a healthy and connected lifestyle, some amenities include a yoga studio, a pet spa, and an organic garden. Our Kentwood City Properties agents Dee Chirafisi, Kevin Garrett, and Matt McNeill are the exclusive listing agents at Lakehouse.

Denver Business Journal reports that Lakehouse “accounted for 6 of the top 25 attached home sales in the Denver metro in the second quarter, including a $3.3 million penthouse that claimed the No. 1 spot.” Check out their article to learn more!

See the link below for the full article: https://www.bizjournals.com/denver/news/2020/09/02/denver-luxury-home-sales-q2-2020.html

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

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.