Archive for Kentwood Company
Sellers Beware; Buyers Prepare
Posted by: | CommentsWhen a national real estate guru comes to Denver to address Realtors, it’s usually like a high school pep rally. Realtors are told that the glass is half full. The market is about to turn. And all they need to do is list more properties for sale to succeed.
Steve Harney came to the Daniels Cable Center at the University of Denver to address and all Kentwood Realtors. His message was different: The Market is lousy and it’s going to get worse. Read More→
Penterra Condo Sales End
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Penterra Condos in Greenwood Village sales have been curtailed by a Homeowners Association lawsuit.
Another condominium project in Greenwood Village is suffering. Unlike the Landmark and its checkered issues with bankruptcy and new ownership, Penterra Condominiums have all but stopped selling due to a lawsuit filed by the Homeowners against the Builder, Developer and Owner.
Lenders have stopped making loans there. The on-site sales office is closed. And potential buyers are being informed about the “Construction Defects Lawsuit” that has been filed against the Builder, Owner and Developer of the residential/office complex in Greenwood Village. Penterra is also home to the popular McCormick & Schmick’s seafood restaurant.
If it sounds as if the buildings must be a construction nightmare. But, that’s not necessarily the case. Read More→
Erie’s Spirit Of Flight Center
Posted by: | Commentsby Paula King, Kentwood Company’s Erie Realtor
I loved this aviation museum in Erie when I visited recently.
One of the unique aspects that Erie has over its neighboring community is the Erie Municipal Airport. There is a community that abuts this airport where the homes have their own hangers. It attracts many pilots as homebuyers even those who fly for a living out of Denver International Airport.
Even more special is the Spirit of Flight Center, www.spiritofflight.com, that is adjacent to the airport, a non profit, world class aviation facility, founded by Gordon Page, past president of the Colorado Aviation Historical Society. As an Erie Realtor, I am always interested in our unique attractions so I can explain them to my relocation buyers moving here from out of state. My husband and I had a personally guided tour by Mr. Page recently, and he absolutely loves what the museum represents. It was fascinating. Read More→
Kentwood Brokers Home Tour
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Kentwood Company Brokers Tour Our New Listings Every Week in a Broker Caravan.
Why would any homeowner ever want to have 40 Realtors traipsing through their home like a herd of wild buffalo looking for food in the early hours of a Wednesday morning?
There’s only one possible reason. They want to sell their home more quickly and at the highest possible price. They know these buffalo are Kentwood real estate Brokers who just may have the right buyer ready to purchase their home. Read More→
Kentwood Brokers Honored
Posted by: | CommentsBy Larry Hotz, Senior Editor
Every year it seems The Kentwood Company sweeps the most awards at the Denver Board of Realtors. This year was no exception. Kentwood Realtors received the highest number of awards for individual performances and John Fitzpatrick, managing broker Of the Kentwood Company was named Broker/Manager of the Year. Gretchen Faber received the Realtor of the Year award. Read More→
Pricing It Right
Posted by: | CommentsBy Larry Hotz, Senior Editor
“The only way to properly price home in today’s market is by using Absorption Rate Pricing.”
Larry Kendall discusses Absorbsion Rate Pricing at Kentwood Company Meeting
That’s what Larry Kendall told us at the Kentwood Companies’ Semi-Annual Meeting held at the University of Denver Cable Center yesterday. Larry has been training Realtors in Colorado and across the nation for as long as I can remember. But this message is one of the best I’ve heard in today’s changing real estate market. Instead of relying on the historical data of an appraisal or a Competitive Market Analysis, it utilizes the current homes for sale Read More→
Kentwood Awards Dinner
Posted by: | CommentsBy Larry Hotz, Senior Editor
Nancy and Bob Lee (Chief of Staff for former Governor Owens), Chuck Gargotto and John Fitzpatrick (Managing Broker) at Kentwood Dinner.
Every year the The Kentwood Company hosts an awards dinner for its top-selling real estate brokers. This year, the gala dinner was held at the phenomenal Barolo Grill in Cherry Creek. The restaurant closed to the public so that Elizabeth, I and the other 37 top Kentwood brokers could be honored in lavish style. Read More→
Real Estate Trends CEO Steve Murray
Posted by: | CommentsBy Larry Hotz, Senior Editor
Real Estate Trends CEO, Steve Murray predicts housing recovery
Steve Murray is the Chief Executive Officer for Real Trends, the national real estate magazine that tracks market activity throughout the United States. He is one of the top authorities in the country on the current condition of various real estate markets and a respected forecaster of real estate and relocation future trends.
I was among the thousand or so folks who attended the Colorado Real Estate and Economic Forum hosted recently at the DTC Marriott Hotel by The Kentwood Companies. Steve presented an interesting analysis of the current real estate downturn and its prediction for sales to improve.
He noted that home sales in the Denver real estate market below $300,000 have been extremely brisk while high-end sales about $1 million are still languishing.
Is Denver The Best Real Estate Market?
Posted by: | CommentsBy Larry Hotz, Senior Editor
You hear it from bankers. You hear it from real estate brokers. I hear it from people trying to buy or sell a home. And, everyone hears it at cocktail parties.
It’s common knowledge throughout Denver and the suburbs that Denver’s better than the rest of the country. At least, our home prices have depreciated the least and home sales have held up the best.
Denver Home Price Are More Stable Than Most Cities
Over 1000 heard good news about the Denver Real Estate Market at The Kentwood Company Forum.
These facts were just confirmed at the Colorado Real Estate and Economic Forum hosted by the Kentwood Companies. Over 1000 folks showed up to hear a variety of speakers including Erik Davidson Senior Director of Investments for Wells Fargo Private Bank not only repeat the mantra but prove it! Read More→
Kentwood Expands Marketing Department
Posted by: | CommentsBy Larry Hotz, Kentwood Company Broker
- Brokers Larry Hotz, Sonia Scott and Mary Carole Albi with Peter Niederman, COO of Kentwood Companies
The Kentwood Companies is the only Denver real estate firm that operates its own, in-house Marketing Department. The philosophy of the Company has always been that marketing separates average from superior real estate firms.
In an unexpected move the marketing department has announced that it is nearly doubling the size of its office space. So, we did what l we always do when there’s an announcement. We threw a party! Read More→
