Colorado Real Estate News

Best Reasons to Jump Into a Real Estate Market Shift

CEO Reflections
Written by President and CEO of Kentwood Real Estate, Gretchen Rosenberg

You may have considered buying or selling real estate this year but so far you’ve decided to stay on the sidelines. You want to see what happens and whether the strong sellers’ market begins to downshift.

Those are reasonable questions to be asking. Here is the perspective from a real estate professional with over two decades in the business. I’ve witnessed several swings of the market pendulum over the years, and based on the signs we’re seeing today, it is a very good time to think about jumping in.

Ask yourself these two questions as you consider your options for 4th Quarter 2021 and into 2022:

  1. What will home prices be like in 2022?
  2. Where will mortgage rates be by the end of 2022?

Real estate markets periodically move from a buyer’s market to a seller’s market and back. There are usually some months in between these swings where markets are “in balance.” A balanced market is when we see around 5-6 months of available inventory, giving buyers plenty to choose from and sellers a good chance of selling at a reasonable price.

Let’s shed some light on the questions above to determine where we are in the cycle. Keep in mind that market dynamics vary for commercial real estate, depending on whether you’re looking at office, retail, warehouse, or industrial. One commercial sector might be on fire (currently warehouse and industrial) while another is languishing (currently office and retail.) Each sector experiences its own swing from buyer/tenant market to seller/landlord market. This discussion is for residential real estate. 


What will home prices be like in 2022?

Three major housing industry entities project continued U.S. home price appreciation for 2022. Here are their forecasts:

Using the average of the three national projections (6.27%), a home that sells for $500,000 today would be valued at $531,350 by the end of next year. If you delay, the same home will cost more. As a prospective buyer, you may end up paying an additional $31,350 if you wait.

Where will mortgage rates be by the end of 2022?

Today, the 30-year fixed mortgage rate is hovering near historic lows, although in recent days rates have ticked up. Most experts believe rates will slowly rise as the economy continues to recover and the Fed begins to taper their economic stimulus. Here are the forecasts for where rates may be in the fourth quarter of 2022 by those three major entities:

Still incredibly low, but the average projection for late next year is 3.7%. Close to a percentage point higher than today’s rates. An increase in mortgage rates will increase your cost.

Homeowners, Your Own Special Considerations! You see that prices are projected to increase into 2022, so you might be tempted to wait another year to sell. If selling later meets your life cycle needs, then wait for the best time. As rates and prices increase, there is the potential that your pool of qualified buyers may be reduced. Also, factor in the increased cost of your replacement home, along with the higher rate you’ll pay when you purchase.

What if both home values and mortgage rates rise?

Your payments will go up unless you’re paying cash. Assume you purchase a $500,000 home this year with a 30-year fixed-rate loan at 2.91% after making a 10% down payment. According to the mortgage calculator from Smart Asset, your monthly mortgage payment (including principal and interest, estimated home insurance, property taxes, and other fees) would be approximately $2,478.

That same home could cost $531,350 by the end of 2022, and the mortgage rate could be 3.7%. Your monthly mortgage payment, after putting down 10%, would increase to $2,835.

Another factor to consider is that if you buy this year, you’ll be building equity all of next year in addition to paying less each month. Your $500,000 home could be worth over 6% more at the end of 2022. And quite a bit more than 6% depending on which pundits get it right.

When Versus Whether

Many calculations come into play when considering a home purchase. Lifestyle, job security, and plans for the future come to mind. Whether you purchase has a lot more to do with these intangibles than when to purchase. It’s hard to time the market, so considering lifestyle and future plans is vital in buying a home. When to purchase is a secondary decision. If you’re ready and have savings, a steady income, or cash and you know it’s time, then don’t wait to see what happens with the market.

Remember the oft-quoted Chinese Proverb: “The best time to plant a tree was 20 years ago. The second best time is now.”

Kentwood Real Estate Brokers are experts at their local markets, and Kentwood Commercial Brokers represent all commercial sectors. Prosperity Home Mortgage Colorado lenders will assist with your next home purchase financing. Reach out to our team as you consider the next steps in your life journey!

Colorado Real Estate News

Best Rooftop Restaurants and Bars in Denver

Denver’s vibrant and eclectic food scene is one of the fastest-growing in the nation. One way to experience the expanse of bars, pubs, restaurants, and eateries is from high up. With sweeping views of the iconic skyline and breathtaking sunsets over the Rocky Mountains, the Mile High City boasts some of the country’s best rooftop restaurant decks. Some have a pool to cool you off in the summer, while others have fire pits for those chilly Colorado evenings. There’s one thing for sure, every one of the restaurants below offers something unique you won’t want to miss!


El Five

Created by Justin Cucci, one of Denver’s most prolific restaurateurs, El Five is located on the fifth story of a LoHi office building, providing the eatery with exceptional views of the surrounding area and stunning Denver skyline. But the eye candy doesn’t stop at the panorama: the rooftop decor is unmistakably hip and artistic, pulling inspiration from vintage Turkish posters and paintings, all with a modern twist.

“Creating dishes without a home country,” El Five’s assembly of the Tapas De Gibraltar is a melting pot of Mediterranean dishes. Spain, Italy, France, Greece, Israel, Morocco, Turkey, and Lebanon, this culinary experience is truly one of a kind. In tandem, the drinks are nothing short of gourmet. Inspired by Spanish gin and tonics, the cocktails are brilliantly infused with herbs and fruits, leaving a gold rush of flavors for the palate. If you’re looking for a full-blown sensory expedition complete with stunning views, then this is your place to go. Brought to you by the same mind that conceived Denver favorites, including Ophelia’s Electric Soapbox, Linger, and Root Down, El Five is a true treat for the senses. 

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El Five Denver Rooftop
El Five Denver Rooftop View

Kisbee on the Roof – Jacquard Hotel

Nestled atop the tallest hotel in Cherry Creek, the experience at Kisbee on the Roof is quintessentially art decor Miami circa 1970. Picture the elevator doors opening. You immediately enter a slick, modern bar with a panoramic of downtown, backdropped by sprawling mountain peaks. Turn to your left, and the remaining two-thirds of the rooftop belongs to Jacquard Hotel’s private pool, encapsulated with trees and shrubs for privacy.

During the afternoon, you are so high up, all you can hear are the birds chirping. As the day grows older, the story is quite different. At about 5 pm, people start rolling in, the energy on the ascend. By nightfall, the vibe is alive.  It is loud and exciting, music is playing, the sound of ice crushing inside metal cocktail shakers. You are on top of the world! Although reservations are not required at Kisbee on the Roof, they are permitted, and we would recommend making one, as this hidden gem gets busy!

Kisbee on the Roof - Jacquard Hotel
Central Park Playground Denver

Jax Fish House Glendale

An energetic, non-traditional fish house bringing flavors of the American coast to the Rocky Mountains. Jax Fish House has five fabulous locations in Colorado, but the rooftop deck at the Glendale location is a sight for sore eyes. Enjoy any of their classically crafted cocktails paired with fresh seafood while relishing a dazzling sunset over the eastern slope.

There are obvious risks to shipping fresh oysters from the coasts to a land-locked state like Colorado. Jax Fish House found a way to mitigate any mystery surrounding their fresh oysters by working with Rappahannock River Oysters (RRO) in Virginia to develop the Emersum Oyster. This oyster is exclusive to the restaurant. And, for every Emersum oyster grown, a dozen wild oysters are seeded. It’s clear that this local seafood spot is committed to sustainability. Jax restaurants were the first in Colorado and Missouri to receive a certification by Monterey Bay Aquarium Seafood Watch, one of the leaders in globally sustainable seafood. So go ahead: enjoy your oysters, your wine, and your immaculate view of the Rocky Mountains, all while knowing that you’re also supporting a business dedicated to environmental preservation.

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Jax Fish House Glendale
Jax Fish House Glendale

The Irish Rover

The Irish Rover is a classic Irish pub offering a warm, friendly, and rugged vibe only found on South Broadway. If you’re looking for a casual and relaxed way to spend your afternoon or evening, this is the rooftop for you. This pub prides itself on being a place to meet new friends or celebrate with old ones, and it’s easy to see why. The go-with-the-flow atmosphere and spacious rooftop allow for plenty of socializing, all while enjoying an eclectic assortment of delicious beers on tap.

Offering pub food with a twist, you’ll find a wide variety of familiar and flavorful treats to enjoy. There’s plenty to savor with your cold beer, from Fried Egg Burgers and Southwest Chicken Salads to Tempura Shrimp and Irish Breakfasts. And if you find yourself lucky enough to be at this great spot on the weekend, you can pop in for brunch, complete with breakfast skillets and french toast galore. Are you looking to mix it up a little? Every day has different specials and events! From Open Mic Nights to Trivia to Taco Tuesdays, there’s always something to put a smile on your face at this traditional Irish pub.  This rooftop deck experience is genuinely a Wash Park gem. 

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The Irish Rover
The Irish Rover

Elevated at Halcyon Cherry Creek

Elevated, a rooftop bar located atop the Halcyon Hotel in Cherry Creek is the definition of luxury. With gorgeous views of the mountains and the larger Cherry Creek area, the vibe errs on the side of the ultra-chic and sophisticated.  Elevated finds the prime intersection between classy and creative by offering plenty of fun cocktails, including Fruit Punch Pouches and Frosé.  The food and snacks provided include items like fish tacos, queso, and grass-fed cheeseburgers. If you happen to find yourself there on a Friday, Saturday, or Sunday, additional menu items are available, including grilled flatbread and artisanal hot dogs. So go ahead: treat yourself!

The second half of the rooftop is a gorgeous private pool with lounge chairs and umbrellas for hotel guests. Even if you live in Denver, we recommend booking a weekend stay at the Halcyon in the summer just to experience the sunset while sipping champagne in the pool.  

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Elevated @ Halcyon
Elevated at Halcyon

Avanti F&B

Avanti F&B has an expansive rooftop deck showcasing spectacular views of downtown, the Rocky Mountains, and LoHi neighborhood. The dynamic assortment of food and beverages is unique to only Avanti. They regularly change their indoor food trucks to keep their menus fresh and customers coming back for more.  

You can choose from their wide selection of wines, specialty cocktails, or the twenty draft beers they offer, as well as almost any cuisine you can imagine to pair with your drink of choice. From Nashville-style hot chicken, Thai street skewers, and Venezuelan arepas, you can quickly quench your thirst and satisfy your cravings by popping into this unique restaurant concept. Avanti also offers plenty of events to enjoy every week. Get the most out of the incredible rooftop experience by joining in on a weekly watch party! The Summer Movie Series at Avanti is offered every Thursday at 9 pm, where you can watch fan-favorite films projected on the rooftop and even partake in movie-specific cocktails. Or, if you want to venture through the rest of the building, you can go down to the lounge on Comedy Nights featuring Denver’s up-and-coming comics or even pop in for Trivia Nights every Monday at 7 pm. 

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Avanti Rooftop
Avanti Rooftop

Del Frisco’s Grille Cherry Creek

Del Frisco’s Double Eagle Steakhouse is a chain of over 12 restaurants nationwide, providing consistently delicious American cuisine since 1981. The Cherry Creek location, Del Frisco’s Grille, is the second in Colorado and embodies the perfect blend of hip and classical. The restaurant is split into two rooms on the first floor, making for a unique design. An oversized bar, high-top tables, and leather booths occupy the south side, while a traditional dining area with wine bottle-covered walls decorate the north room. 

The magic of Del Frisco’s Grille continues when you venture upstairs to the rooftop bar on the second floor. With spectacular panoramic views of Cherry Creek, this large outdoor area offers a full menu, fire pit tables, umbrellas for shade, and stays open until 11 pm during the summer. With one of the best happy hours in Cherry Creek, we recommend the Cheesesteak Egg Rolls and Jumbo Lump Crab Cake, paired with an Old Fashion or practically anything off their extensive wine list. Be sure to try the 16oz USDA Prime Ribeye with sweet potato fries and truffled Mac & Cheese for dinner. The original Colorado Del Frisco’s is located on Orchard Road in Greenwood Village. Both are excellent steakhouses where you’ll find nothing short of elegant dining and extraordinary American cuisine. 

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Del Friscos
Del Friscos

Ya Ya’s Euro Bistro

Ya Ya’s Euro Bistro epitomizes traditional Mediterranean cuisine in a sophisticated, upscale setting.  Located in Greenwood Village, smack in the middle of I-25 and the Denver Tech Center, Ya Ya’s is great for casual diners, business meetings, or private events. With a seasonal menu that changes daily, this family-owned and operated restaurant is committed to supporting local farmers throughout Colorado. In addition to Lunch and Dinner, Ya Ya’s also serves their infamous brunch on Sundays. We recommend the finger-licking Stuffed French Toast or hearty Eggs Benedict. 

The outdoor area at Ya Ya’s is more of a patio than a rooftop, but with spectacular views overlooking Greenwood Village, we had to include it on our list. Most rooftop decks ooze happy hours and excitement. On the contrary, Ya Ya’s deck is unconventionally calm and serene, perched above a small pond overlooking Crescent Park. With jazz playing softly in the background, you can hear ducks waddle in the pond below, the wind softly ruffling Karl Foerster Grass, and water trickling from the fountain. This outdoor space is by far the quietest and most serene rooftop deck in the Denver metro. Sit, relax, and enjoy a glass of wine or cappuccino at Ya Ya’s on a peaceful summer evening. 

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Ya Ya's  Rooftop
Ya Ya’s Rooftop

Colorado Real Estate News

Cherry Hills Village Colorado is Exquisite

Cherry Hills Village showcases magnificent private residences, exceptional schools, and a network of sprawling trails and parks. Residing in this exclusive neighborhood feels like living in the European countryside, but only minutes away from one of the fastest-growing cities in America. Douglas-firs, Quaking-aspens, and Gambel-oaks tower overhead in the Colorado blue sky. Purple Rocky Mountain Penstemons and Hardy Geraniums color gravel roads leading to French and Mediterranean-style mansions resting on massive estates. We best describe Cherry Hills Village as western elegance meets high-end living. This small town just outside of Denver is a slice of heaven, and we’re not alone in our viewpoint. According to Bloomberg, Cherry Hills Village is one of the most prestigious neighborhoods in the whole country.

Location is Everything

The superb location allows for a short drive to Downtown, Cherry Creek, and Denver Tech Center – one of the state’s largest business centers littered with fortune 500 companies. It’s also near both major highways (I-70 and I-25) for quick access to practically anywhere in Colorado your heart desires – only three and a half hours to Aspen, two hours to Vail, an hour to Colorado Springs, and forty minutes to Boulder. Cherry Hills is also less than 20 minutes from both major reservoirs in the Denver metro (Chatfield State Park and Cherry Creek State Park).

Outdoor Activities

Woodie Hollow Park

Either you are a “native” and born to love the outdoors or a transplant who moved here for the three hundred plus days of sunshine. Either way, Cherry Hills Village is packed with fantastic outdoor activities year-round, sure to keep your heart healthy and lungs filled with pure Colorado air.  

Trails, Trails, and More Trails

The infamous Highline Canal twists through Cherry Hills Village, making stops along Three Pond Park, John Meade Park, and Blackmer Commons. The trail is a mix of paved and gravel paths, with endless subsidiary routes off-shooting into rolling meadows overlooking gorgeous estates. The trail passes by magnificent Kent Academy, and on an exercise-filled day, you can even take the trail all the way to Chatfield reservoir.  

John Meade Park 

If you are looking for a great place to take the kiddos, this open-air space is home to a fishing pier, picnic shelter, and playground. It is also located on the Highline Canal, so you can access it by bike or foot, with parking for those who wish to drive. 

Three Pond Park 

This untouched hidden gem is a breathtaking escape for a stroll, bike ride, or fishing outing. The soothing and serene atmosphere allows for bird watching and wildlife observing. If you are here long enough, you’ll be sure to see equestrians pass along on the dirt trails, horseshoes kicking up dust into Feather Reed. 

Private Country Clubs

Founded in 1922, Cherry Hills Country Club is Colorado’s premier luxury country club. Membership grants you full access to the outstanding 18-hole William Flynn-designed course, a 9-hole par three course, tennis courts, a lap pool, and a brand new 50 million dollar clubhouse. Cherry Hills Country Club has also hosted both the US Open and the PGA championship multiple times in its illustrious history. 

Humbling resting on the south edge of Cherry Hills Village, Glenmoor Country Club resembles an old Scottish lynx-style course. The clubhouse hosts two quiet pools with cabanas and a water slide for the little ones, as well as exceptional indoor and outdoor dining. 

A Plethora of Education Options

Whether it’s private or public schools, Cherry Hills Village has some great options when it comes to education. The neighborhood is located in Cherry Creek School District (CCSD),so from K-12, your kiddos start at Cherry Hills Village Elementary, then move up to West Middle School, and lastly finish at Cherry Creek High School.  If you would prefer your children to attend private schools, the neighborhood is home to Colorado Academy, Kent Denver School, and St. Mary’s Academy.

Shopping, Restaurants, Culture

Cherry Hills Village is, well, a village. This means there are limited shopping and restaurants within the city limits; however, due to its close proximity to Denver and neighboring suburbs, endless restaurants, bars, grocery stores, and shopping are only a short drive away. We recommend Trader Joe’s at Cherry Hills Marketplace or Whole Foods at Southglenn Mall for groceries. Cherry Creek Mall is only a 15-minute drive north for some of Denver’s finest indoor and outdoor shopping, and Park Meadows Mall is a 15-minutes drive south. We also recommend catching a concert at Fiddler’s Green – a fabulous outdoor concert venue featuring A-level bands and breathtaking sunsets over the Rocky Mountains. 

Where to Eat?

Steakhouse 10 – This restaurant exudes old-school cool. Serving expertly crafted meats, our favorite is the Sinatra steak with a port and bleu cheese topping. 

Izakaya Den and Sushi Den – These sister restaurants have exemplified fine dining in Denver for decades. They’re across the street from each other in the Washington Park neighborhood and have unique takes on magnificently executed Japanese cuisine. The fish is freshly caught and flown in every day from Japan, handpicked by the owner’s brother. The quality and service are unparalleled—one of the best independently-owned Sushi restaurants in the nation. 

Pino’s Place – This delightful local spot by chef and owner Pino Saverino features food inspired by his childhood in Italy. They offer classics like Osso Bucco Agnello, Gnocchi, and Snapper Livornese. The specialty of the restaurant is their delightfully thin-crust pizzas. This small and delicious restaurant is a neighborhood favorite notorious for treating its customers like family. 

Sushi Co – This local sushi spot is relatively new but has made a splash by producing excellent cuisine in a relaxed environment. The restaurant’s highlights include a delightful sushi bar and creative handrolls.  

Shanahan’s – Named after two-time Super Bowl-winning coach Mike Shanahan, this exceptional steakhouse has a classic, old-school ambiance. Located in Denver Tech Center, we recommend the three-course Prime Rib Sunday Special. We also suggest taking a photo next to Mike’s two Lombardi trophies. 

YaYa’s Euro Bistro – With a seasonal farm-to-table menu and award-winning wine selection, YaYa’s has delivered unique and sophisticated cuisine in Greenwood Village since 1996. YaYa’s also makes our list of the best rooftop restaurants and bars in greater Denver. 

Conclusion 

Cherry Hills Village
Cherry Hills Village Park

Cherry Hills Village is Denver’s premier affluent and upscale neighborhood. Seclusion, nature, luxury – all of these characteristics define a lifestyle unmatched along the Front Range for its residents. With abundant greenery and gorgeous rolling hills, the allure of living in this private community is multifaceted. Picture your life in complete serenity – a place void of high-density development and traffic, preserved with its pristine ambiance and wholeheartedness of the land. Envision your children attending the best schools in the nation and belonging to Colorado’s best country clubs. All of this is at your fingertips, and the kicker is, it’s just a short drive away from Denver, and a hop, skip, and jump to the mountains!

Colorado Real Estate News

9 Backyard Improvement Ideas To Increase Your Home’s Value

After an exhausting day at work, relaxing in the comfort of your own home is always something to cherish. Sitting on your couch and watching TV, settling in with a book, taking a bath—the options are endless. But even without the stress of work, there’s still that nagging reminder of your home responsibilities and chores.

For these reasons, many homebuyers are viewing modern backyards as an essential feature. There is no true sanctuary like your backyard; it can be as cozy as your living room with the added benefit of fresh air. Backyard remodels are the latest trend that is adding value to the home for year-round enjoyment.


Take a peek at these nine improvements you can make to your backyard to increase your home’s value.


1. Add a Deck or Patio

According to Forbes, 58% of homeowners plan to buy outdoor furniture this year, more than double last year. This past year has found people stuck at home, and backyards are a place of retreat now more than ever. Transforming your backyard with outdoor spaces such as patios or decks is an effective way of creating that special haven.

2. Stay Comfortable With an Outdoor Firepit

Who doesn’t love to sit around a warm and cozy fire? An outdoor firepit can replicate the atmosphere and heat that you feel inside. Whether you want fresh air on a cold winter day or s’mores on a cool summer night, an outdoor fire pit will keep you toasty. Jessica Yonker of HGTV Gardens says an outdoor fire pit can increase your home’s value by 15-40%—which is considerably high for an inexpensive option.

3. Install a Swimming Pool

A swimming pool can be a distinctive selling point when competing with other homes. Furthermore, buyers and homeowners have found a new appreciation for swimming pools. As people find more ways to enjoy spending time at home, installing a swimming pool can appeal to the general public and luxury homebuyers. 

4. Outdoor Kitchen

Outdoor kitchens are rapidly growing in popularity among homebuyers. The pandemic resulted in many homeowners thinking outside the box when hosting guests. Outdoor kitchens are no longer a luxury feature but an item on many homebuyers’ wish lists. A study from Absolute Outdoor Kitchens found that homes with an outdoor kitchen can see a return of investment of 100% to 200% compared to homes without.

5. Outdoor Lighting

Simple, yet effective. Outdoor lighting can transform a bland backyard into a sophisticated, warm and welcoming oasis. It could be as easy as a string of white lights across trees or as complex as lighting your entire patio. Whichever route you choose, lights are a surefire way to make your outdoor space brighter and more inviting.

6. Revitalize Your Lawn

First impressions are everything for homebuyers. A well-maintained lawn can catch a homebuyer’s eye, and it can certainly influence their decision. According to the Lawn Care Institute, turf grass alone can increase a home’s value by as much as 15%.

7. Privacy Fence

One of the appeal factors of backyards is the seclusion they can provide. A privacy fence can help make your backyard feel like an actual place to retreat. Not only can a fence maintain your hideaway, but it can help support the safety and security of your family and pets. 

8. Garden

Over time, a well-kept garden will make your home more enticing to homebuyers. It can demonstrate that the owners take extra care and pride in their property and potentially increase the chances of a sale. Based on a survey by Home Light, a well-maintained garden can boost property value by as much as 77%.

9. Shade Structures/Pergolas

It can be challenging for those in hot areas to relax in a backyard without any shade. Pergolas are a great way to make seating areas or dining tables more comfortable. In addition, pergolas come in all shapes and styles that can match any home design. 

When deciding which features you should equip in your backyard, homeowners should stay up-to-date with current trends. The pandemic has persuaded people to rethink their outdoor design spaces, and as a result, companies are now more innovative with their outdoor products to craft an ideal backyard oasis. 

These nine backyard improvements can boost the value of your family life while adding to the long-term investment of your home.

Colorado Real Estate News

Best Playgrounds in the Denver Metro Area

Central Park Denver Playground
Central Park Playground

As parents, we are constantly searching for new ways to engage our children in outdoor activities. Fortunately, Denver is blessed to have one of the best park systems in the nation. Most of our parks have fantastic playgrounds you can take your kids for an afternoon of fun in the sun. Below is our list of the best playgrounds in Denver. Did we leave any off the list you think should have made it?


Criteria For Making The List 

Fun 

Bicycle Icon

These playgrounds are a blast for the kiddos.  When you leave, they’ll beg to come back.   

Safety

Safety is a top criterion, so don’t worry about taking an eye off the little ones for a minute.  You deserve to relax while they play.

Neighborhood

Building Icon

Burning off all that energy at the park will mean it’s time to fuel up.  These neighborhoods offer great restaurants and waterholes.


Washington Park

Wash Park is 161 acres of entertainment in the heart of the city. This massive outdoor space has almost everything you’d desire in a park, from volleyball to tennis, basketball to paddleboards, and even an indoor recreation center.

But, most importantly, for the kids’ enjoyment, on the east side of the park, you’ll find a large playground containing several slides, a tire swing, a climbing station, and a miniature bike path.  After the kiddos finish sweating it out, cruise over to Old Gaylord Street for lunch or grab coffee at Wash Perk (making our list of best coffee shops in Denver). 

Washington Park Denver Playground
Washington Park Denver Playground

Central Park 

Central Park, located in the neighborhood formerly known as Stapleton, is one of the most desirable and child-friendly areas in northeast Denver.  Central Park is a design masterpiece, with natural vegetation co-existing next to sports fields, sand areas, and even a sensory area filled with chimes and drums.

It’s a showcase for some of the fantastic modern trends in playground design. For a post-park bite to eat, walk over to Stanley Marketplace – a collection of over 50+ independently owned Colorado businesses. 

Central Park Playground Denver
Central Park Playground Denver

Westlands Park

This 25-acre park is a must-visit that won’t disappoint! The play area is quite diverse, with a village of playhouses, a hillside slide, an observation tower, and a flower and sculpture garden. It’s a gorgeous park that showcases a well-thought-out design, resulting in a fantastic area for kids to have fun and parents to relax.

Bring your sports equipment because you won’t want to miss out on pickleball and basketball.  Afterward, take a short drive over to YaYa’s Euro Bistro and sit outside by the artificial lake overlooking Greenwood Village.  

Westland Park Playground Greenwood Village CO
Westland Park Playground Greenwood Village

Gates Crescent Park

Located on the western bank of the Platte River, Gates Crescent Park is ideal for younger kids.  The suspension bridge is the main playground feature, filled with ropes and climbing ladders. There’s also a trolley that goes around the outside of the park. Your kids will love climbing on a handful of giant rocks and playing on the traditional playground resting below the suspension bridge. 

Parents can enjoy a picturesque view of Mile High Stadium and Elitch Gardens Amusement Park. If the kids aren’t quite worn out after a couple of hours of play, take them to The Children’s Museum – located just a couple of blocks away.  You can grab a bite to eat inside while getting a respite from the sun. 

Gates Crescent Park Playground Denver CO
Gates Crescent Park Playground Denver

City Park Denver

City Park is the most historic park in all of Denver. It’s central not only in location but also in its cultural importance to Mile High City. Here you’ll find the Zoo and the Natural History Museum, along with a wide variety of events taking place every weekend, from Jazz in the Park to art festivals.

However, it’s also a wonderful place to take the kids, filled with open spaces, numerous playgrounds, and a beautiful lake where you can rent paddleboards. It’s the perfect oasis from the hectic pace of city life. Afterward, take a stroll down 17th Ave for a bite to eat at countless local favorites, including Dos Santos, White Pie, or Olive and Finch

City Park Playground Denver
City Park Playground Denver Colorado

Denver Premium Outlets

OK, we may have cheated a bit with this one. It’s not technically a city park; it’s a playground at an outlet mall. However, it’s a sprawling, fantastic playground with so many slides, swings, and climbing areas your kids will be busy for hours. It’s also ok to bring the kids here even if you’re not doing any shopping. 

After your kiddos have finished jumping and climbing around, check out the outlet mall, littered with an abundance of fantastic shops such as Under Armour, Kate Spade, and Hugo Boss. We recommend dining at Rise Pies, Charley’s Philly Steaks, or Sachi Sushi for a little post-play fuel. Thornton is a delightful unknown suburb of Denver that you’ll be sure to want to return and explore more. 

Thornton Colorado Premium Outlets Playground
Thornton Colorado Premium Outlets Playground

Denver Rock Park

Many parks end up having very similar layouts and attractions. However, some have some excellent options off the beaten path, like this Central Park neighborhood favorite. It’s smaller in size than some of the other options on our list, but it offers some unique opportunities for rock climbing. So if you think your kids might be interested in this outdoor Colorado activity, this is an excellent place for them to try rock climbing safely.

Central Park, formerly known as Stapleton, is one of the fastest-growing neighborhoods in Denver and filled with excellent dining and shopping options. We recommend cruising over to Stanley Market Place or Northfield Shopping Mall.  We promise your children won’t go hungry after burning energy on the rock climbing wall!

Rock Park Playground in Central Park
Rock Park Playground in Central Park

Estates Park

This Golden park has an elevation of over 6,000 feet with incredible views of the Foothills and Downtown Denver. The centerpiece is a skyscraper-esque slide sure to delight any adventurous kid. There are also tennis courts at the park, so be sure to bring rackets and balls. 

Downtown Golden is a short drive away for a quick bite to eat. Stroll down Washington and Ford street and take in all this cute little Colorado town has to offer. 

Golden Colorado's Estate Park Playground
Golden Colorado’s Estate Park Playground

Colorado Real Estate News

Summer Home Staging Tips

Homes are selling fast in Colorado, and a well-staged home is on and off the market in no time. Make sure your home is ready to sell and stand out among the rest with these four summer staging tips.

1. Make a Strong First Impression

Curb appeal is crucial; it is the first thing potential buyers see, so you want to make a good impression. Summer months can be extremely rough on grass, but you want your front landscaping to be looking its best. Skip the backyard if you need to manage water usage; buyers won’t blame you if all the neighborhood backyards are brown. Ensure your exterior entryway is swept clean and add a fun, welcoming element like a lush potted plant by the door.

First impressions go beyond the front door. When buyers walk into a summer showing, they want to feel the cool air conditioning as they enter, so make sure you get your HVAC inspected beforehand. Consider keeping your house off the market until fall if your home doesn’t have central air. Buyers don’t want to tour a warm home in 90-degree weather.

2. Set the Scene

When you’re staging your home for summer, put yourself in the buyer’s shoes. They should visualize it as their future home, and it’s essential to set the right mood. Set out a pitcher of fresh-squeezed lemonade in the kitchen before prospective buyers arrive (you can ask your listing agent to help if you’re out of town). Use fresh flowers and green plants or herbs around the house to brighten the atmosphere and add a splash of color. Play up any entertainment areas your home has, especially outdoor spaces.

3. Lights, Color, Action!

Throw open the curtains and let in the light! Take advantage of the summer sun and illuminate your home with natural light. If rooms don’t get much sunlight, amplify what’s available with some mirrors and decorative lamps.

One of the easiest ways to add some summer flair to your home is by incorporating bright pops of color into spaces with neutral color palettes. Whether that be some yellow throw pillows on the couch or hanging a bold, blue painting on the wall, it’s sure to bring life into the room.

4. Make Yourself Scarce

It may seem obvious, but everyone who lives in the home needs to get out of the house whenever buyers come in for a showing. Many prospective homebuyers do not feel comfortable if the seller is present and often are discouraged from purchasing. Find a coffee shop or spot nearby where you can hang out for an hour or two. If you have kids on summer break, take them out to the park and grab some ice cream to cool off while you wait.Taking a few extra steps to create a welcoming and pleasant environment can make a world of difference when listing your property. To further maximize your home sale, partner with an experienced Kentwood broker for marketing assistance and leverage Kentwood’s Amplify service for a spectrum of home improvements that will garner more profit for your residence. With renovation payments deferred until your home closes escrow, explore how to elevate your property and earn a premium when it sells at the link above.

Colorado Real Estate News

Best Disc Golf Courses in CO

When you think of Colorado, outdoor activities immediately come to mind. With over 300 days of sunshine and beautiful mountain weather, how could you not go outside? Besides hiking and water activities, Denver is known for being one of the best areas for disc golf in the U.S.A. These mountain courses have tons of elevation and are more on the technical side. However, you won’t find a course like this anywhere else, so we recommend exploring these places if you’re an invested disc golf player or simply looking for a new outdoor adventure. 

Here are our top five best disc golf courses.

Beaver Ranch Disc Golf Course in Conifer

As the top-rated course in Colorado, you can enjoy two courses and 62 baskets with various shots from meadow drives to crafty tree work. You can purchase a day pass for $12 or an annual pass for $100. No reservation is needed. 

Address: 11369 S. Foxton Road, Conifer.

Cross Creek Disc Golf Course in Gypsum

This course is deep in the mountains with heavily wooded terrain. You will have to navigate your way through the trees to get to the end, where you will find more open meadow shots. Day passes are $15, and no reservations are needed. 

Address: 13119 Gypsum Creek Road, Gypsum.

Ghost Town Disc Golf in Central City

This town isn’t just known for its casinos and prime rib. Central City offers a private disc golf course featuring 20 holes. The holes may be short in distance, but the advanced layout provides a challenging course. It is $10 for a day pass and $5 for children and walkers—Call 303-582-3083 to reserve your spot. 

Address: 190 Russell Gulch Road, Central City.

Double Cabin Disc Golf Course in Telluride

Telluride is already known as a top place to visit in Colorado, and its disc golf course gives you another reason to check it out! This 18-hole course is located on the ski run and has you throwing uphill and downhill, along with a scenic view of the San Juan Mountains. This course is free for all players, and no reservation is needed.

Address: 470 Mountain Village Blvd., Mountain Village.

Wondervu Disc Golf Course in Golden

On the mountaintop of Coal Creek Canyon, you will find this 19-hole private course. Wondervu is also known for its annual tournament called Disc-n-Dabs, where teams can register for a cannabis-friendly disc golf competition from Sept. 3rd – 6th. Otherwise, you can purchase a day pass for $10 and make a reservation at the link above. 

Address: 136 Camp Eden Road, Golden.

Each of these mountain courses will provide an enjoyable experience for your next disc golf excursion. If you’re a seasoned player, we recommend downloading the app UDisc, which helps navigate courses and keep the score even without cell service. 

Colorado Real Estate News

Market Trends

July 2021 Showed That Seasonality Is Beginning to Occur in the Market

While still in a robust seller’s market, the July 2021 report indicates that as we head into fall, buyers will start to have more time to review properties and less competition on the number of offers overall. The DMAR market trends report showed an increased inventory of 29.92%, while it also represented a decrease in closings of 12.30% compared to the previous month, indicating a supply increase and demand decrease.

July Inventory Reflected the Flow of the Market

While the average closed price was 16.40% higher this July than July 2020, and July represented the lowest number of active properties at month’s end in July’s history with an inventory of only 4,056 properties, this number actually increased from June to July, reflecting the flow of the market.

The Luxury Market Continues to Quickly Move and Remains Strong

Both the attached and detached segments showed close-price-to-list-price ratio averages at 101.39% and 103.40%, respectively. In the attached segment, the Luxury Market had slightly more inventory month-over-month, more pending sales, fewer closings, a lower sales volume and less days in the MLS. There was also an increase in the close-price-to-list-price ratio and in the price-per-square-foot. Meanwhile, month-over-month in the detached segment reported less inventory, fewer pending, fewer closed homes, a lower sales volume and a lower average days in MLS.

Overall, Historical Perspective Indicates a Common Transition From June to July

The Denver market indicates that an increase in inventory and a decrease in sales volume is not uncommon in the transition from June to July. With the relative lack of inventory, it can be expected that the balance between supply and demand will stay steady through the remainder of the year.

Colorado Real Estate News

Kentwood’s Top Producer Dinner 2021

On June 30th, 2021, Kentwood held its annual Top Producer Dinner, honoring leading agents and brokerage teams. This long-time tradition is one of Kentwood’s most influential and distinguished events, commemorating award-winning brokers with sales between 10 million and 90 million-plus in 2020.  

The spectacular event was hosted at Denver Country Club, one of Colorado’s most prestigious and well-known country clubs, overlooking the breathtaking 18-hole golf course – originally designed by James Foulis in 1905. The dinner was held outside to practice social distancing. 

Contrary to the traditional sit-down style of years past, premier bars and grazing stations were casually sprinkled throughout several terraces and perfectly manicured lawns. Food stations included Italian charcuterie, assorted sushi and seafood, and build-your-own tacos. Sophisticated polyrhythms and melodies filled the night sky with live music by The Pet-Friendly Jazz Collective – a local Denver band. 

This was Kentwood’s first signature event since the pandemic. The event was a stunning evening bringing together colleagues and friends separated for the past 18 months – an exclusive gathering of Kentwood’s most brilliant talent. 

With cell phones required to be turned off, intimacy and connectedness were a focal point. For the agents and teams themselves, the event exuded excitement, celebration, and inspiration.  

 “That was one of the best parties…everything worked!” raved Luisa Staerkel, Managing Broker. 

“…and everyone was so happy to get back together.” 

Luisa Staerkel

“Could not have been a more elegant evening, and nobody could have made the night more special for us,” said Edie Marks, Broker Associate and Top of her Profession since 1977

With 30+ years of gathering top-producing agents, Kentwood looks toward the future for continued excellence in the Colorado real estate market. 

Notable venues from past Top Producer Dinners include The Art – a Hotel, Ruth’s Chris Denver Tech Center, STK Downtown, EDGE Restaurant at Four Seasons Hotel, Coohills, and The Venice Ristorante and Wine Bar. 

Colorado Real Estate News

Denver Real Estate Market Trends

Image of a fireplace and patio lounge furniture

April 2021 Showed Blatant­­ Hyper-Demand In the Residential Housing Industry

The market continues to result in historic low months-end inventory, even with months-end active inventory increasing by 35.03 percent. Altogether, there were still only 2,594 active properties at the end of the month, representing the lowest April on record and 48.38 percent less inventory.

The Importance of One Year Ago

April 2020 was a month of confusion and uncertainty for the world. The ebbs and flow of being an “essential” worker were reflected in new listings last year, which were down 43.02 percent compared to April of this year. Since last year, the market has seen a steady rise in competition and therefore prices have as well. With only two weeks of inventory, year-over-year appreciation continues to be staggering for the market while also bringing homesellers inevitably great returns, increasing 24.20 percent in April. 

The Luxury Market Has Experienced the Most Growth

In 2018, 2019 and 2020, year-to-date closed sales of properties over $1 million were 649, 654 and 661, respectively. So far, in 2021, there have been 1,353 closed sales, more than double the number of the past three years. The median days in MLS for the Luxury Market was seven, down from 23 in 2020, 22 in 2019, 32 in 2018 and 48 in 2017. 

Where We Stand With Inventory Lows

Historically, the market has seen annual inventory reach its low point in February and March, followed by increased listing activity until it hits inventory peak in August and September. The Luxury Market appears to follow the trend with 28.82 percent more new listings in April than March, showing that it may be possible for buyers who outlast the competition fatigue to find themselves with more options than they have seen in the past few months. If so, with only one month of inventory for attached homes and 1.97 months for attached homes, buyers will need to keep vigilant. 

*Written May 10, 2021. Updates may be available after this date.