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In November, Denver’s housing market experienced a significant increase in active listings over a year ago. That’s pushing sellers to lower prices and offer more incentives, such as repair credits and interest rate buydowns.
According to the November Denver Metro Association of Realtors monthly report, while the number of active listings at month’s end (9,310) was down 15% from October’s 10,940 homes, it was up 39% from November 2023’s 6,684 available homes.
Wash Park Grille, a mainstay along South Gaylord Street since 1997, was seized by the city on Wednesday for not paying $33,358 in sales taxes.
“We’re picking up the pieces,” said owner Jeff Estey, who is rushing to reopen. “We’re getting funding. I’ve got people from around the city and the state pitching in because they want to see me survive.”
In the meantime, the city’s finance department has locks on the Italian restaurant, along with the neighboring Agave Taco Bar, which Estey also owns and also is working to reopen.
The unpaid tax bills date back to April, June and September, according to a public notice.