Showing posts with label Democratic National Convention. Show all posts
Showing posts with label Democratic National Convention. Show all posts

Monday, July 21, 2008

DNC Housing...You know it is on all of your minds!

Good Day bloggers.

This will be short. In doing some research, the DNC coming to Denver is going to have a huge economic impact on Denver. It will encourage a lot of spending and optimism about our general state and economy. Personally, I think that the case is a little overstated, but it will bring a lot of people to Denver, which is great.

I am planning on renting my place out during the DNC. I am currently charging $450 a night, which I am not getting any bites. Another strategy just surfaced: go to the housing wanted craigslist site. I have posted apartments available on craigslist before, and it has never turned out badly.

nightly rentals are going for $300-$600 in my range, which isn't too much to ask. I would ask: How much is a home worth in a short-term rental market? Check it out.

http://denver.craigslist.org

Thanks for reading!

Ed Martin
Showcase Properties Unlimited
Apexofdenver.blogspot.com
303-875-4450

Monday, July 7, 2008

What attracts people to an area like Cheesman Park, Uptown, or Capitol Hill?

Why are people attracted to Cheesman Park, Capitol Hill, and Uptown?

There are many reasons, many of which have been posted here- like proximity to urban centers, diversity of life, safety, etc. But, I have to add in- really cool places to hang your hat, for a good meal, a fine ale, or a cultural center.

Over the last 5-10 years, Central Denver has become a place of cultural wonders. This could be Denver's Museum of Contemporary Art, (located in LODO), the Vance Kirkland Museum (a contemporary of Jackson Pollack),














or the new wing designed by Daniel Liebeskind designed Denver Art Museum, near the State Capitol.

Denver is becoming a wonderful cultural hub, where one can find plays, art, and sports. It is experiencing a restaurant renaissance, and due to the Democratic National Convention spending time here, in August, there is a lot going on in Denver. I do believe that it has potential of becoming something like a San Francisco, but hopefully not as expensive. I implore ye to visit these museums! They have certainly had a lot of money poured into them, and the work is incredible. All of which are different, and you could see them all in a day.

Spotlight on local, cool hang-outs: The Cheeky Monk, located at 534 East Colfax Ave, at Pearl. it is a Belgian Beer House, from the owners of the Royal Hilltop in Aurora. Here is a picture of it. I can also say that it is a great food house, as well. I have yet to engage their full menu, but in Belgium, beer is king. As with wine in France, beer is what Belgians drink.

Where does this involve real estate? It has everything to do with the attractiveness of an area- why people settle in specific areas. Yes, they want a cool place to live, yes they want proximity to that which is 'cool'! But, all said and done, they need places to spend time and money to enrich an area. Places like the museums and the Cheeky Monk are pretty cool places.

Thanks!

Ed Martin
Showcase Properties Unlimited
303-875-4450

Thursday, June 19, 2008

Denver is doing great!

Hello Denverites!

Our 80218 corridor seems to grow larger, by the day. I believe that this is because of the transient and interconnected nature of a city.

In doing my rounds of talking and schmoozing, I have come across a few very encouraging things, for once. Your mass media is feeding quite a bit of 'scary' information about hellfire and doom of the American experience. The truth is that the United States isn't all gloomy.

In talking with a lender today, he said that he is actually seeing some more relaxed restrictions on conventional loans. This means that over the last year, conventional loans have been harder to get, namely Fannie Mae and Freddie Mac loans. Supposedly, the requirements have been very difficult, more specifically, in the realm of down payments. The most recent word on the street is that the key to getting into a home is to go through the government FHA or CHFA homeowner programs.

Back to the original idea of this post. What makes up this city of new urbanism? What kinds of things are encouraging and bringing people to Denver? As mentioned two days ago, we are noticing a great influx of activity in Denver. In working in another capacity downtown (being a pedicab driver downtown) on Tuesday night, there were people everywhere! There was a filmshoot being done right in the middle of the 16th Street Mall! This is a sign of vibrancy to me!

What else contributes to vibrant, urban living? Is it geography? Is it multiple places for things like mixed use development? One must keep in mind that there is quite a bit of change going on in Denver, but it isn't all new construction! Updating older, gentrified buildings is one indicator. I also believe that urban living is not only urban (downtown areas, mixed use, commercial real estate), but residential areas nearby an urban center. Neighborhoods are the sensory receptors of our urban areas.

A mortgage broker told me once: if you are looking at buying a home, it should be on a block where there are things like dumpsters in the street, for remodels. Look for quality of homeownership- flowers, landscaping. As I said- buy right. As a real estate professional, you have to look at the opportunity, not the current condition. Opportunity must be seized!

On the cool website section of the day, is the music festival everyone loves to talk about: The Mile High Music Festival. I am not a huge fan of these gatherings, but they are indicators of larger name musical acts coming to Denver for a 2 day event, which includes big name acts like Tom Petty and the Heartbreakers, Dave Matthews Band, and John Mayer.

The medium name acts are what I am more interested in, but when it comes to bringing revenue and people to Denver, to experience Denver, I am a huge proponent. The festival is located at Dick's Sporting Goods park, near the new Colorado Rapids soccer stadium. It is also touting its environmental impact. Seeing how it is 30 days before the Democratic National Convention, it will no doubt be a primer for people to exercise their rights and become all fired up for the convention.

Tuesday, June 17, 2008

Congress for New Urbanism Update!!!

Courtesy of Denverinfill.com, the Apex blog has learned that the Congress for New Urbanism will be hosted by Denver in 2009. With all of the things that are happening in Denver- it would seem that Denver really is becoming a place with things happening.

There is a burgeoning art culture, film culture, and events specifically planned here. The NBA All Star Game was here several years ago. I am excited to see what else is coming- such as the Democratic National Convention and the CNU.

This one is short, but I can say that Central Denver is starting to benefit from all of the urbanization and the cultural centered activities that people are taking advantage of. If you ask any transplant, they can't get enough of Denver- I love it too.

Thanks for reading!