Denver Real Estate Discussion / Opinion Thread (NO Data Charts) (Highlands Ranch: gated communities, to live)

[sammy87]

Originally Posted by ctr88

I think Denver weather is good because of the winter/spring sunshine, but it has downsides (sun too intense summer, too hot, air too dry) Very hot in the summers and can last from May until Sept. I would just want to hide from that intense sun most summer days. There are a lot of places with much nicer summers IMO. The dryness making your skin feel so dry is an issue too. I actually like a little humidity and moisture in the air. You can get very nice summers though by making the 1.5hr drive to the Rockies.

Denver is a great place for sure no question. There was a time when it was a good deal. But I do think it is slightly overrated for what it now costs to live there now + the traffic. Denver proper is really not that pretty IMO...it's just "OK", very arid and lacks trees/greenery/lushness, pretty flat, no decent bodies of water (natural lakes, big rivers and creeks, ocean), mountain views are nice but don't always see them.

For a good economy, lots of job opportunities along with everything a big city has to offer and throw in the weather.....Denver is touch to beat. I think Denver alone is pretty overrated but everything else makes it pretty nice.

Sure there are better outdoor rec areas to live, but COL and job opportunities make them difficult. Its all about what things you like that make you happy. If you're not into sports or the outdoors i think Denver would suck to live in. I think Duluth and areas of MI would be great to live in, buy a boat for the summer and winter 2 weeks in Mexico every year. That wouldn't be a bad way to live. Then again, job opportunities would be limited. Whitefish MT might be my most ideal place to live, but I can't work there and its not worth living there just to bus tables.

[Phil P]

I wonder how this merger between Century Link and Level 3 is going to play out. If it passes through anti-trust and Century Link consolidates enough positions, it's pretty likely that the CO presence of Level 3 will drop significantly, putting a pretty big dent into the Denver tech scene, which in turn will seep out into the housing market.

Conversely, the GE merger with Baker Hughes signals a bet in favor of increased oil prices. If oil prices do increase to the threshold needed for CO drilling to become profitable, could heat up the housing market.

Originally Posted by eatsDEN

you base this on what exactly?

Just a guess based on current price, threshold price needed for fracking, and middle east politics.

[Pesare]

Originally Posted by Phil P

I wonder how this merger between Century Link and Level 3 is going to play out. If it passes through anti-trust and Century Link consolidates enough positions, it's pretty likely that the CO presence of Level 3 will drop significantly, putting a pretty big dent into the Denver tech scene, which in turn will seep out into the housing market.

Conversely, the GE merger with Baker Hughes signals a bet in favor of increased oil prices. If oil prices do increase to the threshold needed for CO drilling to become profitable, could heat up the housing market.



Just a guess based on current price, threshold price needed for fracking, and middle east politics.

In terms of the consolidation of Century Link and Level 3 I think it is going to only have a temporary effect on the housing market especially in the north part of town as most of those jobs will be absorbed by startups or other tech companies in the area as the tech scene in Denver / Boulder is pretty robust.

Also, I am not sure if the merger of GE and Baker Hughes will necessarily favor an increase in oil prices as there are a lot of other factors that determine if oil prices move higher. Also, if oil prices do move higher I believe it will have a negligible effect on the job market in the Denver area as most oil companies have be come leaner by being more productive with fewer employees especially in administrative and management roles. Where I think it will have the most effect would be in Northern Colorado and Western Colorado where they will need to hire more oil workers.

[SQL]

Originally Posted by Pesare

In terms of the consolidation of Century Link and Level 3 I think it is going to only have a temporary effect on the housing market especially in the north part of town as most of those jobs will be absorbed by startups or other tech companies in the area as the tech scene in Denver / Boulder is pretty robust.

Also, I am not sure if the merger of GE and Baker Hughes will necessarily favor an increase in oil prices as there are a lot of other factors that determine if oil prices move higher. Also, if oil prices do move higher I believe it will have a negligible effect on the job market in the Denver area as most oil companies have be come leaner by being more productive with fewer employees especially in administrative and management roles. Where I think it will have the most effect would be in Northern Colorado and Western Colorado where they will need to hire more oil workers.

CenturyLink is based in Monroe, Louisiana. When they merged with Qwest, my former employer, they moved a lot of positions down there as well.

[headingtoDenver]

Originally Posted by Phil P

I wonder how this merger between Century Link and Level 3 is going to play out. If it passes through anti-trust and Century Link consolidates enough positions, it's pretty likely that the CO presence of Level 3 will drop significantly, putting a pretty big dent into the Denver tech scene, which in turn will seep out into the housing market.

Conversely, the GE merger with Baker Hughes signals a bet in favor of increased oil prices. If oil prices do increase to the threshold needed for CO drilling to become profitable, could heat up the housing market.



Just a guess based on current price, threshold price needed for fracking, and middle east politics.

I don't think this will put any sort of dent at all in the tech scene. Yes, some people might leave the area, but plenty of them will stay and seek out employment here in the Denver area. Also, you might see a blip on the real estate radar in Broomfield, but that would be it and it would be short lived.

[eatsDEN]

Originally Posted by Phil P

Just a guess based on current price, threshold price needed for fracking, and middle east politics.

Originally Posted by Pesare

...I believe it will have a negligible effect on the job market in the Denver area as most oil companies have be come leaner by being more productive with fewer employees especially in administrative and management roles. Where I think it will have the most effect would be in Northern Colorado and Western Colorado where they will need to hire more oil workers.

I heard that there was some significant M&A activity currently...


I figure folks with liquidity are buying up rights, and production will
increase as the conditions meet the holders' targets...

[bluescreen73]

Originally Posted by Phil P

I wonder how this merger between Century Link and Level 3 is going to play out. If it passes through anti-trust and Century Link consolidates enough positions, it's pretty likely that the CO presence of Level 3 will drop significantly, putting a pretty big dent into the Denver tech scene, which in turn will seep out into the housing market.

Conversely, the GE merger with Baker Hughes signals a bet in favor of increased oil prices. If oil prices do increase to the threshold needed for CO drilling to become profitable, could heat up the housing market.



Just a guess based on current price, threshold price needed for fracking, and middle east politics.

In the long run they're probably doing Level 3 employees a favor. None of the people I know who've worked there in the past have anything positive to say about the company.

[SQL]

Originally Posted by bluescreen73

In the long run they're probably doing Level 3 employees a favor. None of the people I know who've worked there in the past have anything positive to say about the company.

Former employee here. I thought they were a decent employer (par for the course in the industry, good benefits), but telecom is a good old boys network. It's a very incestuous industry. Many who are in middle management jump around from company to company and hire and promote their favorite people from former employers. Career-pathing is almost non-existent. Technology is often dated considering they are in the technology world.

[2bindenver]

Arvada $ 365,000
Aurora $ 315,000
Broomfield $ 382,000
Castle Rock/Pines $ 440,000
Centennial $ 405,000
Denver $ 400,000
Englewood $ 332,000
Greenwood Village $1,062,500
Highlands Ranch (a subdivision) $ 440,000
Lakewood $ 367,950
Littleton $ 400,000
Lone Tree $ 815,500
Parker $ 429,000


eye opening?

[Count David]

Originally Posted by 2bindenver

Arvada $ 365,000
Aurora $ 315,000
Broomfield $ 382,000
Castle Rock/Pines $ 440,000
Centennial $ 405,000
Denver $ 400,000
Englewood $ 332,000
Greenwood Village $1,062,500
Highlands Ranch (a subdivision) $ 440,000
Lakewood $ 367,950
Littleton $ 400,000
Lone Tree $ 815,500
Parker $ 429,000


eye opening?

Yeah. Why do people want to live in Lone Tree?