Aldo Svaldi
The Denver Post
Denver, CO, United States
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Recent articles by Aldo:
Metro Denver the second most competitive housing market in country after Bay Area
Denver's housing market was the second most competitive out the nation's 50 largest metro areas, with seven in 10 homes selling for more than the list price in April, according to a new report from OJO Labs. → Read More
Colorado’s median single-family home price hits $600,000 in April
Homeowners unable to afford metro Denver's rising home prices could look up and down the Front Range or in other areas of the state as a substitute, but alternatives are getting harder to find as home values rise across the state. → Read More
Higher mortgage rates dim the outlook for lenders focused on refinancing loans
Consumers aren't the only ones feeling the pinch from the rapid rise in interest rates this year. More mortgage firms are starting to let workers go as demand for mortgage refinancings falls off a cliff. → Read More
Metro Denver apartment rents rising faster than overall inflation, but not as fast as home prices
Tenants continue to battle over a limited supply of apartments in the first quarter, pushing up rents by double-digit rates over the past year, according to the latest Denver Metro Apartment Vacancy and Rent Survey from the Apartment Association of Metro Denver. (AAMD) → Read More
The Big Payout: Colorado received close to $66 billion in pandemic aid. We tracked where that money went.
Colorado received around $11,426 per person in federal COVID assistance, but the distribution of money was uneven. This Denver Post investigation tracks where that money went by county and sector in Colorado. → Read More
Aurora offers metro area apartment dwellers the most room to stretch
When it comes to how much space an apartment dweller can get for $1,500 a month, Aurora is the place to go in metro Denver, with Wheat Ridge not too far behind, according to a study from RentCafe. → Read More
Could spot on Dolores River be Colorado’s next hot springs destination?
An Arizona development company listed 1,156 acres of undeveloped commercial land in and around the town of Rico for sale on Wednesday. Among the selling points listed are the potential to build Colorado's next hot springs resort, room for future greenhouses to feed farm-to-table restaurants in the region, and 300 new homes and condos to supply a real estate market hungry for mountain properties. → Read More
Demand easing as mortgage rates rise, boosting supply of homes for sale in metro Denver
Like large raindrops kicking up the dust as they hit parched and barren soil, metro Denver recorded an 81% jump in the number of residential properties available for sale last month, according to a monthly update from the Denver Metro Association of Realtors. → Read More
Colorado consumers “mad as heck”: Unemployment fraud, retail and auto problems top complaints last year
Unemployment fraud and auto and retail issues last year replaced concerns about airline refunds and robocalls as the top sources of complaints among consumers in the state, according to an annual update from Colorado Attorney General Phil Weiser. → Read More
Colorado advances $1.7 million in incentives to attract new aviation jobs in Grand Junction
The Colorado Economic Development Commission on Thursday approved $1.7 million in incentives for West Star Aviation, the largest private employer in Mesa County. → Read More
Consumer inflation heats up to nearly 8% a year in metro Denver
Inflation is gaining a stronger grip across metro Denver's economy and is now driving up costs on a large majority of items that consumers spend money on, according to the latest Consumer Price Index for the Denver-Aurora-Lakewood area. → Read More
Number of homes on market in Denver area hits all-time low
The number of listings available for sale in metro Denver reached a record low of 1,184 homes and condos at the end of last month, as sellers put fewer properties than expected on the market, according to a monthly update from the Denver Metro Association of Realtors. → Read More
Colorado landlords fared the best in the U.S. in collecting rents during pandemic
Colorado tenants made full payments to their landlords at the highest rate seen in any state during the pandemic, according to a report from TurboTenant. → Read More
Insurance providers want Marshall fire evacuees to call them ASAP
About 30,000 people evacuated because of the Marshall fire in Boulder County, and although a final tally isn't completed, around a thousand homes might have been lost to the fast-moving wildfire, with an undetermined number damaged in what is the state's most costly wildfire in terms of property damage. → Read More
Zillow predicts metro Denver could see another year of home price gains above 15%
Colorado housing markets defied the odds in 2021, with price increases breaking all kinds of records. As to what happens in 2022, forecasts are all over the place, from the good times rolling into another year to predictions of more typical annual gains to a few warnings that home prices in metro Denver are stretched and set to tumble. → Read More
Metro Denver homes still rising 20% plus a year on Case-Shiller index in October
Metro Denver racked up its fourth consecutive month of 20% plus year-over-year home price gains in October, but the rocket of appreciation looks like it has reached its apex. → Read More
Fourteen applicants chasing every vacant apartment in metro Denver, study finds
Homebuyers are used to competition, but apartment renters are increasingly finding the odds stacked against them as they try to land a new place. → Read More
Faces of the Front Range: Inspired by pandemic frustration, Denver resident Errol Anderson invented the game he couldn’t find
The long weeks under pandemic quarantines last year frustrated Denver resident Errol Anderson, who missed seeing his friends for a weekly game of basketball and hanging out afterward. → Read More
Colorado hiring stays strong in November, despite a slow start to ski season
U.S. job growth slowed sharply in November, but Colorado employers managed to maintain their hiring momentum, adding a net 9,800 non-farm jobs, according to a monthly update from the Colorado Department of Labor and Employment. → Read More
Three Denver neighborhoods dominate when it comes to new apartment construction
Denver has experienced an apartment boom in the past five years, with 25,600 new apartments added in larger projects. And while those new projects might feel concentrated, they are more spread out than the pattern seen in most other big cities, according to an analysis of construction trends from RentCafe. → Read More