Corken Corner Blog

Market Update: June 2022

DMAR released their May report last week to much “fanfare” because home inventory levels increased by 76% from May 2021 as there were 3,652 properties for sale as of May 31st in our 11-county area. Still, there are only 0.67 months of inventory for sale.However, before Covid, there were 8,891 properties for sale in May 2019 and 6,437 properties for sale in May 2018 using DMAR stats. Thus, the number of properties for sale is still down a whopping 59% from 3 years ago and down 43% from 2018. This means inventory needs to double before appreciation drops below 10%. Before Covid, …

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Dig Into June – What to Eat and Drink in Denver This Month

Want an amazing itinerary for where to eat and drink in Denver? Included in this itinerary is what’s recently opened and what’s worth celebrating for no reason at all. Great Stops: Fuel & Iron Bar has opened in LoDo to offer the best of Pueblo to the neighborhood. The bar serves up bites of Slopper Sliders ($15), Pueblo Poutine ($7.50), and even a Green Chili Porter ($8). A Tom Colicchio’s Sandwich concept has opened in Denver but only until early June. The concept dishes out a limited menu of celebrity chef-created sandwiches. MJ Hong – The Korean BBQ Chef – …

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7 New Restaurants and Bars Heating Up the Denver Restaurant Scene

Corken + Company loves giving our clients suggestions on fun and exciting new additions to the Denver restaurant scene. Here is a list of new places that have recently popped on the scene!   BB.Q Chicken 2495 S. Havana St., Unit H Fried chicken is extremely popular in South Korea. As of 2019, the country had more than 87,000 fried chicken restaurants. In March, one of South Korea’s popular chains—BB.Q Chicken—expanded to the Centennial State. They opened their first location on South Havana Street in Aurora. They have plans to launch outposts in Capital Hill and Lone Tree this summer. …

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Bigger Isn’t Always Better: What Today’s Home Buyers Are Looking For

After the mad dash by home buyers made in height of the COVID-19 pandemic for larger homes, some experts are making a case for more efficiently designed, smaller homes. With home prices rising, and supply chain shortages, there’s a convincing argument for seeking smaller houses.A new book by Sheri Koones, “Bigger Than Tiny, Smaller Than Average,” posits that functionality is more important than square footage. An example of this could be transforming your dining room into a workspace.“People want quality rather than quantity,” says Koones. “People want spaces where they can be together.”Small homes are around 1,400 to 2,000 square …

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What Does the Rest of the Year Hold for the Housing Market

If you’re thinking of buying or selling a house, you’re at an exciting decision point. Anytime you make a big decision like this, one thing you should always consider is the timing of your decision. So, what does the rest of the year hold for the housing market? Here’s what our team at Corken + Company would like you to know!   The Number of Homes Available for Sale Is Likely To Grow There are early signs housing inventory is starting to grow and experts say that should continue in the months ahead. As a buyer, having more options is …

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Homeowner’s Guide to Summer Home Maintenance

Fixing, cleaning, and maintaining a home while it’s warm and dry is like shopping for the winter holidays in July. It’s smart to get it done early — before the bad weather comes along. Here are some tips for getting home maintenance done during the summer.  Gutters: Suppose the gutter system — including gutter guards, downspouts, and gutter extensions — is working properly. In that case, water will flow through and out at least five feet away from the house, says Dan DiClerico, a home expert for a national online home renovation website. Start with a visual inspection of the …

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Home Disclosures: What Does a Seller Have to Reveal?

If you’re making an offer on a house, one of the first things you’ll get as far as documentation is a property disclosure. Also known as property disclosure statements, real estate disclosure forms, or home disclosures. The specifics vary by state, but most states require some type of seller disclosure. The goal is to add transparency to the transaction process.In a disclosure, a seller provides written information about known things that could impact the property’s value, like termite damage or a leaky roof. The disclosure will also include details like the homeowners’ association fees and restrictions.These documents are meant to provide …

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Sellers Have an Opportunity with Today’s Home Prices

With the increase in mortgage rates this year, many homeowners began to wonder if the value of their homes would fall. Here’s some good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home prices seems to confirm that trend.According to data from CoreLogic, home price appreciation has been re-accelerating since November.This is largely due to an ongoing imbalance in supply and demand. Specifically, housing supply is still low, and demand is high. As mortgage rates started to rise this year, many homebuyers rushed to make their purchases …

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Design Tricks to Make Your Home Your Happy Place

Home is a sanctuary, a cheerful retreat, somewhere you can relax and always feel … well, at home. No matter the shape, size, or style of your space, there are so many small (and big!) ways to make it feel extra special. The team here at Corken + Company wants to help you make your perfect happy place!   Try Out Some Essential Oils Looking for a flameless option? “Essential oils help me set a happy mood in my home,” explains Laura James, commerce editor for HGTV.com. “I love diffusing calming lavender before bed and an energizing citrus oil like …

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Everything You Need to Know About Denver Farmers’ Markets in 2022

There’s a lot to love about summer in Colorado: mountain hikes, patio happy hours, and especially perusing local goods at Denver farmers’ markets. Luckily for us, Colorado is a hub for fresh produce and local, artisan-made products. Many markets have already opened throughout the spring, and more markets are popping up in the weeks ahead.Our team at Corken + Company found this list of local farmers’ markets to make your summer in Denver that much sweeter.   City Park Farmers Market Returning for its second year, the City Park Farmers Market is expanding from 70 vendors to 90, including adding …

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Rachel Sartin

Lori Corken