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

Top Front Range Off-Leash Dog Hikes

We’re all fans of our four-legged fur babies and likely go above and beyond to give them the best homes possible. But they also deserve to go wild and be dogs, off-leash! While Colorado offers Front Range residents the most beautiful backyard playground in the world, here are a few trails to take your dogs off-leash!

Reminder: Please follow all trail safety guidelines and restrictions by going to each trail’s website, social media page, or calling ahead.

Red Rock Canyon Open Space, Colorado Springs
Red Rock Canyon Open Space in Colorado Springs, CO is located just minutes west from downtown Colorado Springs and south of the famed Garden of the Gods. The off-leash dog area is one of many phenomenal amenities provided to guests who visit the park including seven different trails (the Upper and Lower dog loops are the only off-leash areas), a pavilion, rock climbing, horse trails, and a mountain bike-only trail.

The natural red rock formations and two lakes are wonders to behold, especially for those skipping the crowds at Gardens of the Gods. The trails vary in difficulty from easy to moderate, which are great opportunities for the entire family.

Twin Lakes, Boulder
Twin Lakes is the top off-leash area in the Boulder-area with the West Twin Lakes Trail lake available for dogs to roam wild. The lake’s 0.7 mi shoreline is great for dogs to swim and fetch, and the lake is surrounded by fencing. The mountain views are spectacular and the lake can be fished by anglers, although the website states the lake is not stocked.

Glendale Farm Open Space, Castle Rock
An extremely popular dog park, the Glendale Farm Open Space is located off I-25 just north of the Castle Pines neighborhood. The 17-acre dog park is wide open prairie land without much shade, so be sure to bring lots of sunscreen and water on hot, sunny days. Once you’re done letting your dog loose in the fenced area, take them for a leashed hike in the park’s 1.6 mi looped trail. The dog park is a great place in the winter for dogs to run wild through snow. Don’t forget about the obstacle course for dogs!

Union Reservoir, Longmont
The Union Reservoir Nature Area is located east of Longmont and day-use tickets cost $10 – but worth the money for dog owners. The south side of the lake’s swim area and beach is off-leash. The lake is extremely popular with local sailors and paddleboarders due to the no-wake law prohibiting use of motorized engines, allowing for a peaceful experience with the doggo’s.

Fun fact: Union Reservoir is one of the only few natural lakes in Colorado, carved out during the last glacial age.

If you’re searching for a home or are interested in selling, work with experienced brokers who know your neighborhood’s history, up-and-coming developments, and fun facts about nearby off-leash dog parks – while selling your home for top value or finding your dream home.

Colorado Real Estate News

Top Front Range Campsites Openings

Summer in Colorado’s beautiful Front Range is camping season! However, like anything else today, it’s a bit more complicated than normal this year.

Much of Colorado’s most popular camping sites and hiking trails were until recently shut off from the general public. In many cases, smaller mountain towns and municipalities issued tickets to non-resident hikers and campers for violating their public health rules.

The good news is while most public health rules have relaxed in recent weeks, many of Colorado’s campsites are now open to the public. As of June 4, 2020, Colorado requires campers to have reservations on state-managed lands. So, if you’re going camping, be sure to check the Colorado Parks & Wildlife reservation website for state-managed lands or Recreation.gov for federally-managed lands to review site availability and booking reservations.

The site makes it easy to find any of your favorite campgrounds through a geographic map or list. Dig further to see exactly which campsite is available and what features it has like electricity, bathrooms, running water, whether pets are allowed, and other nifty features.

Just be warned, Colorado’s residents are living up to their reputation as being the outdoorsy type and reservations seem to be booked weeks in advance, so please plan accordingly!

Pinon Flats Campground – Federally-Managed Land

Located in the Great Sand Dunes National Park & Preserve in southern Colorado, Planon Flats Campground is one of the best sites to camp near the tallest sand dunes in North America. Pinon Flats has 86 campsites which are all available for reservations starting June 13, 2020. As this is federal land, please use the Recreation.gov website to book reservations, not the Colorado Parks & Wildlife website.

Ridgeway State Park – State-Managed Land

Ridgeway State Park encompasses the Ridgeway Reservoir about 19 miles south Montrose on Highway 550. The state park amenities include a boat ramp, jet skiing, laundry facilities, biking, fishing, hunting, hiking, a dump station, firewood, and so much more. Reservations were made available to the public starting June 12, 2020, and will be available until December 12, 2020.

Dolores River Campground – Private

Dolores River Campground is a privately operated campground located in Dolores, Colorado on the San Juan Skyway. The Dolores River runs through the campground, whose features include a large recreation room, clean bathrooms, dog walks, and a nature trail, Wednesday evening wood-fired pizza, and an on-site fishing pond. Located near Mesa Verde National Park, there are a variety of monuments to check out including Canyons of the Ancients, Crow Canyon, Hovenweep, and Cortez Cultural Center.

These three campgrounds and a small sample of many beautiful campsites in Colorado. Be sure to plan ahead by booking reservations, along with packing adequate food, water, and flashlights. You could never go wrong with extra flashlights!

Colorado Real Estate News

Northern Colorado: Growth and Development Along the Front Range

Northern Colorado | BoulderNestled between the Rocky Mountains, Colorado’s high plains, and Denver International Airport – Northern Colorado (lovingly known as NoCO) communities consistently rank as some of the best locations in the country for business, lifestyle, and craft beer. With mountains to the west, rolling plains to the east, and a one-hour drive to Metro Denver, Northern Colorado’s  location is hard to beat. Add in a mix of communities – Erie, Fort Collins, Loveland, Greeley, and Estes Park – each with its own unique character, and you’ve got an idyllic place to put down roots.

Northern Colorado

It’s no secret that in recent years, Colorado’s economy has enjoyed steady growth and development in nearly every sector imaginable. What may not be as widely known is some of the top performing areas in Colorado are north of Denver through Erie, Boulder, Fort Collins, and Greeley. In fact, Northern Colorado has one of the highest performing economies nationwide. Companies in a variety of industries, from agriculture and energy to IT and bio-science, create a diverse economy making the region ideal for doing business.

Northern Colorado

Northern Colorado | Rocky MountainsAs Colorado consistently ranks among the top five states for business, it’s no surprise that the region’s industries are flourishing. And there are no signs of the economy slowing any time soon. Rather, Northern Colorado is expected to remain the fastest growing region in the state. The State of Colorado has projected the population of Weld and Larimer Counties to grow by 45% by 2030. While Fort Collins and Greeley will more than double in population by 2050.

Northern Colorado

 

Northern Colorado attracts businesses and individuals alike to its world-class communities for many reasons. The communities continuously rank as some of the best places to live. Take Erie for example, which ranks as HomeSnacks.net #3 Best Place to Live in Colorado. The region also offers access to high-quality, award-winning educational institutions. Among them are Colorado State University, the University of Northern Colorado, and two community colleges that are both nationally accredited. If all that weren’t enough, NoCo boasts more than 330 miles of scenic trails for biking, running and hiking, and more than 125 parks with amenities such as tennis courts, skate parks, picnic facilities and illuminated athletic fields. It’s a true paradise for outdoor activities and recreation year round.

Northern Colorado

The region’s thriving economy, educated workforce, and recreational opportunities are an unparalleled combination. Amazing neighbors, an affordable cost of living and some of the best craft breweries in the country all make life  a little sweeter in Northern Colorado.

 

Why Northern Colorado?

  • Northern Colorado is home to 3 of the top 5 fastest growing cities in Colorado: Greeley (#3), Loveland (#4), and Fort Collins (#5).
  • 70% of Colorado’s craft beer is brewed there! Northern Colorado has 33 microbreweries and boasts the fourth largest craft brewery in America – New Belgium Brewing in Fort Collins.
  • Weld County is the richest agriculture county East of the Rock Mountains.
  • Northern Colorado is home to 13+ Museums, 30+ Art Galleries, and hosts the annual UNC/Greeley Jazz Festival.
  • Companies such as Otterbox, HP, Intel, Woodward, Vestas, and AMD call Northern Colorado home.
  • Forbes ranked Greeley as the #2 Best Small City for Jobs.
  • Fast Company rated Fort Collins #4 for the Next Top Cities for Tech Jobs.
  • Rocky Mountain National Park was voted the #15 Best National Park by Thrillest (Out of 58).
  • Estes Park was rated the #1 Best Small Town to Visit by the Smithsonian.
  • Fort Collins secured Time’s title of America’s Most Satisfied City.
Northern Colorado

Places to Visit

Restaurants

24 Carrot Bistro

Location: 578 Briggs Street, Erie

“A fantastic farm to table gem in the growing town of Erie. While their weekend brunch menu may be small, it certainly doesn’t lack punch. The Buttermilk Fried Chicken is a popular entrée. And don’t forget an order of the French Beignets and one of their delicious custom cocktails to get you started.” – Matt King, Kentwood Cherry Creek

“The bar tender here is a scientist!  Had the best Manhattan ever created. My only wish is for it to be closer!” – Tom Cryer, Kentwood DTC

Samples

Location: 370 Main Street, Longmont

“Located on the revamped main street in Longmont is a fast-growing area favorite. Samples was recently featured on the Food Networks Diners, Drive-ins, and Dives. It boasts a personal twist to the weekend brunch that will have you leaving satisfied. The joyful ambiance mixed in with vast collection of on tap craft brews and yummy cocktails, makes for a great brunch atmosphere.” – Matt King, Kentwood Cherry Creek

Frasca Food & Wine

Location: 1738 Pearl Street, Boulder

“For very fine or special occasion dining, go to Frasca. There’s a reason it has been chosen as 5280’s Best Restaurant multiple times for the combined Denver/Boulder area!” – Soley Maria, Kentwood Cherry Creek

The Buff

Location: 2600 Canyon Boulevard, Boulder

“The Buff has been a brunch staple in the community for over 20 years. It has satisfied the taste buds of countless CU students and even the occasional American president, like when Barack Obama made a campaign stop a few years back. The menu offers plenty of selection, but also plenty of delicious flavors. The Buff is the perfect morning stop on your way up the mountain for a day of hiking above beautiful Boulder.” – Matt King, Kentwood Cherry Creek

Brasserie Ten Ten

Location: 1011 Walnut Street, Boulder

“Brasserie Ten Ten on Walnut St. in downtown Boulder is my all time favorite! I’ve been going there for 11 years, and the quality of the food and service is consistent and wonderful! I also don’t think there’s a better value for nice dining in Boulder. I make sure to stop by for lunch or dinner every time I’m there.” – Soley Maria, Kentwood Cherry Creek

Nordy’s BBQ & Grill

Location: 4360 St. Cloud, Loveland

“When I show homes -on the other side, north of town – I call in my “to go” order and dinner is ready when I get home!” – Diane Sorensen, Kentwood Cherry Creek

Northern Colorado

Outdoors & Attractions

Pearl Street Mall

Location: 1942 Broadway #301, Boulder

“Every tourist guide for Boulder will tell you to check out the Pearl St. Mall, and while the pedestrian part is great, make sure you check out the much less crowded west end with shops, restaurants, and residential homes.” – Soley Maria, Kentwood Cherry Creek

Boulder Reservoir

Location: 5565 North 51st Street, Boulder

“The Boulder reservoir is a fun place to go! It’s often the host of triathlons or races like the Boulder Half Marathon, and is a great spot to lounge on an actual beach in our landlocked state.” – Soley Maria, Kentwood Cherry Creek

Chautauqua Park

Location: Baseline Road & 9th Street, Boulder

“Chautauqua Park is probably Boulder’s most famous outdoor attraction. It has multiple trail heads and hikes for every fitness level and distance. Try summiting one of the Flatirons, Green Mountain, or get in a half marathon by running the Mesa Trail from the Chautauqua trail-head to the South Mesa trail-head and back.” – Soley Maria, Kentwood Cherry Creek

Mount Sanitas

Location: Sunshine Canyon Drive, Boulder

“Mt Sanitas is just a few minutes from downtown Boulder and is a great hike for those looking for something close by and not too long. It’s really accessible to most fitness levels, as you see families with visiting, non-acclimated friends and relatives stopping on the way up to rest and take in the view, as well as uber fit Boulder residents running up the mountain!” – Soley Maria, Kentwood Cherry Creek

Twin Silo Park

Location: 5564 Ziegler Road, Fort Collins

“Twin Silo Park is the newest park in Fort Collins and is an instant local favorite for a family with young kids!” – Diane Sorensen, Kentwood Cherry Creek

Fort Collins Museum of Discovery

Location: 408 Mason Court, Fort Collins

“This is a favorite stop with little ones, lots of hands on experiences at this museum. You can use your Denver Museum of Nature and Science membership card here for free admission” – Diane Sorensen, Kentwood Cherry Creek

Prime Outlets: Coming Soon!

Location: I-25 & 136th Avenue, Thornton

“Previously agricultural land used for raising cattle and was one of the largest livestock artificial insemination facilities in the country will soon be the new home of the Prime Outlets in Thornton!” Brigette Modglin, Kentwood City Properties

Schools

University of Colorado Boulder

Location2055 Regent Drive, Boulder 

As one of 34 U.S. public research institutions belonging to the prestigious Association of American Universities (AAU)—and the only member in the Rocky Mountain region—their goal at CU Boulder is to directly affect Colorado communities through collaborative research, innovation and entrepreneurship. Their faculty, staff, and students work with the broader community to establish unique connections that have lasting outcomes—both across Colorado and around the world.

Colorado State University

Location: 900 Oval Drive, Fort Collins

Inspired by its land-grant heritage, Colorado State University is committed to excellence, setting the standard for public research universities in teaching, research, service and extension for the benefit of the citizens of Colorado, the United States, and the world.

University of Northern Colorado

Location: 501 20th Street, Greeley

The University of Northern Colorado is a comprehensive baccalaureate and specialized graduate research university. The University offers an array of baccalaureate programs and master’s and doctoral degrees primarily in the field of education. UNC has statewide authority to offer graduate programs for the preparation of educational personnel.