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Denver Realtor Christopher Gibson
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Denver Realtor Christopher Gibson's posts

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A big reason for that is the high prices in the market right now and the fact that there just aren’t a lot of homes to choose from. Buyers often feel like they have to settle for homes that don’t have everything they want or need, Danyliw said. 

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New condominium towers coming to Downtown Denver. 

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Colorado’s population has swelled 10 percent since 2010, with the capital city attracting an estimated 82,387 people. Between 2014 and 2015 alone, Denver metro added 58,474 people. To support the Green Rush—the nickname for the current boom that coincides with Colorado’s legalization of marijuana—an estimated 10,000 new homes are to be constructed in Denver each year through 2018. 

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#2. Beautifying Barn Doors
Barn doors serve as high-end focal points and handy solutions for wide openings and hard-to-style spaces like bathrooms, pantries and dining room entryways. You can install glass and stainless steel models to match modern décor, dark wood and wrought iron for a rustic flair or plain cedar slats to establish a neutral aesthetic.

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Colorado as a whole has an effective tax rate of 0.6 percent, coming in at eighth place among the 50 states and Washington, DC. On a home valued at $247,800 (the median value in Colorado), the owner would pay $1,489 a year in taxes at that rate.

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Half of all homes listed in the Denver metro area were pending sale in 23 days last month, according to Redfin. That’s a shorter period of time than other highly competitive markets like Seattle and San Francisco

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Denver Real Estate Recommendations Reward Program

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So funny: "Property ownership the only way to be viewed as bona fide adult without having children"

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The price of a new detached home sold last year in metro Denver averaged $525,486, a 6 percent increase from the average new detached home price in 2015.
Assuming a 10 percent down payment on a 30-year mortgage at current interest rates, a household would need $105,315 in annual income to qualify. http://www.denverpost.com/2017/02/06/new-homes-in-denver-may-pivot-toward-affordability/

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Now, the only option will be to pay to belong to both. It's not the cost so much that's the hassle, Smith said, but the time spent navigating both systems and the inefficiencies created by doing so.

"With the data sharing currently in place, you can gather all necessary information in one system. Now you'll need to pull properties on one system, then another."

That will lead to less accurate data, argues Lauren Hansen, CEO of IRES, in part because there will be no way to eliminate duplicate listings.

"By virtue of taking data sharing away, you have missed information, duplicated information or are forcing brokers or appraisers to join both systems," Hansen said.

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