FOX Corporate Housing

FOX Corporate Housing
(720) 466-2903
3773 Cherry Creek North Drive
Suite 575
Denver, CO 80209

Outdoor Opportunities in Denver

With weather like ours, over 300 days of sun a year, the outdoors plays a big part in our lives. Come sun or snow, you can find as many locals as tourists on the trails, in the parks or enjoying the mountains.

Here is a brief overview of just some of the opportunities for outdoor recreation in Denver.

Snow Sports

With the Rockies on our doorstep and miles of National Parks all around, snow sports are a big part of Denver life. The main opportunities are downhill skiing and snowboarding in the mountains, or cross-country skiing elsewhere. Depending on your fitness and level of ability, there are a range of runs and courses for you to enjoy.

Mountain Biking

When the snow melts, the mountains become a haven for mountain bikers. As well as the slopes, we also have hundreds of miles of trails that can be used for cycling. Some are extremely challenging, while others are suitable for all the family. Denver and Colorado regularly gets voted the best place in the world for mountain biking.

Fishing

The fishing opportunities in and around Denver are great too. You can fish a river like Arapahoe Greenway Trail or Bear Creek Lake Park, or you can head off into the wilderness and find a quiet spot somewhere. If you like the tranquility and excitement of life with a rod, you’ll love it here.

Hunting

Hunting is a prime pastime and with hundreds of thousands of acres of wild land, you’re not short of opportunities to hunt. Depending on your quarry and your expertise, you can hunt in groups, or go off on your own. The world really is open for business here.

Hiking

One thing we are certainly not short of in Denver is places to hike. We have literally, hundreds of miles of trails covering every terrain type imaginable. From technical rocky terrain, to deep forest. If you have the gear and the fitness, you could be gone for days and not see another soul.

Parks

If you prefer something a little easier, Denver has an enviable number of parks to take the kids or your dog. The sheer number of green spaces available means there is never an excuse to be stuck inside!

The outdoors plays a big part in our local life, so there are always things going on. Many people who move to the area do so because of our natural wilderness and opportunities to test themselves against nature. They are just two of so many reasons why Denver is a firm favorite with outdoor types from across the country.

The Spire of Denver - Furnished 2 Bedroom Unit

We have a new unit available in The Spire. It's a 2 bedroom 2 bathroom apartment and it comes fully furnished. This apartment is perfect for corporate housing or some other type of short term furnished rental.

If interested, give us a call!

BOND MARKET AND INTEREST RATE UPDATE

Bonds rallied and mortgage rates improved a bit in the aftermath of the election, responding positively to the Democratic sweep.

Why?

Primarily because of the expected return to fiscal responsibility, and barring that, at least based on the notion of a spending gridlock arising from those opposing forces of a Republican White House and a Democratically controlled Congress.

This morning’s Michigan University Consumer Sentiment index showed a small but unexpected drop in consumer confidence, foreshadowing a possible slowing of consumer spending. That, along with a $13 billion auction of the 10-year U.S. Treasury notes, 34% of which was gobbled up by foreign banks gave bonds further support and help prolong this weeks rally.

Last week, the pendulum of economic news that alternately suggests inflation or recession swung to the inflation side. Unemployment fell to an all-time low of 4.4%, while labor costs rose and productivity fell. That batch of news scared the bond market a bit and pushed mortgage rates a little higher.

Mortgage Rates. Conventional 30 year fixed rates were just under 6% this week with one point, 6.25% with zero points. The 3/1, 5/1, 7/1 and 10/1 ARMs offer no help with payments. Due to the flat yield curve in bonds, those rates are about the same. I’m advising my clients to take a 30 year fixed. Remember, the jumbo 30 year is about 1/4 point higher, and the interest-only version of any loan is just slightly higher than its amortized counterpart. All in all, rates are pretty stable and show no clear trend either direction.

About us!

Royall Beach Estates is being developed by Paul & Lynda Royall who first looked at this beautiful piece of property in 1998 when they first moved to The Bahamas.

Over the past 30 years Paul & Lynda have been involved in the development and management of resort hotels. They have worked with many multi national companies and although originally from England they worked in Canada, New Zealand, the US, the Virgin Islands and of course here in The Bahamas. They have always worked with five star properties including 4 Conde Nast 500 resorts, one, of which, was voted one of the best 10 in the world! They now continue with this high level of development with their own development, Royall Beach Estates.Paul & Lynda purchased the property they are developing in early 1998 and completed Phase I in the spring of 1999.

  Royall Beach Estate is a Luxury Condominium Development situated "on the other side of Nassau" amidst 3 acres of pristine beach front property, unspoiled and beautiful. Those who have discovered this South Western hideaway already enjoy an idyllic "Out Island" lifestyle of peace & tranquility.

Away from the "hustle & bustle" of Nassau, but close to all the modern conveniences, they enjoy the "Best of both worlds". Historically, this area has been a guarded secret, known only to the lucky few, but now we invite everyone to discover the "MAGIC ON THE OTHER SIDE".

  Royall Beach Estate is a collection of individually styled Condominiums in a gated community safe guarded by 24 hour security. Each unit has a spectacular, Ocean View over looking secluded beaches surrounded by lush natural landscaping. Royall Beach Estate will be limited to 44 units and will be built in 4 phases. At each phase, two & three bedroom floor plans are offered, each uniquely different and all at unbelievably affordable prices. Traditional Bahamian design has been chosen for the exterior style of the buildings and the interiors are bright and contemporary providing the finest luxuries, comforts and conveniences. This exquisite development is located only 10 minutes from Nassau's International Airport and within minutes of the Lyford Cay Shopping Center. A trip to town will take 25 minutes on a picturesque coastal drive, without the traffic delays that have affected many other residential areas of New Providence. The best Golf Course in The Bahamas is within walking distance of your front door and a world class Dive operation and Marina is literally, a "stone's throw away". Tennis courts and a number of fine restaurants are right on your doorstep. Imagine, paradise at its best, palm trees, and cool tropical breezes. Could life be any better!



Black Hawk Vacation Rentals
300 Badger Road
Black Hawk, Colorado 80244
(720) 336-4479

"What our residents say"

We have joyfully lived at the Kingwood Village Estates for 7 years.  We moved in on Charles’ birthday, July 23rd, 1996 and have enjoyed every minute we lived in this condo.  We courageously moved in with a door key (but no front door) and no window in the kitchen, but praise the Lord for a night watchman who kept watch over us because we wanted to move in on his birthday!

We have enjoyed every minute we have lived here.  The people in the condo are very friendly and very helpful and there is always a good spirit in living here.

We appreciate the maintenance of the grounds and of the inside of the condos as well.  The halls are always immaculate and the lobby is always beautiful.

We moved here from a beautiful, big house but we have never regretted one moment moving in this condo.  It is a delight to be here with the peace and the joy that goes with living at Kingwood village Estates.

Charles and Frances Hunter
The Happy Hunters

FED CUTS LESS THAN EXPECTED: MORTGAGE RATES IMPROVE

The Federal Reserve today lowered the Federal Funds rate by a quarter point to 4.25% and the Discount rate by a quarter point to 4.75%.

Now remember that the Fed is playing with overnight lending rates between banks and between banks and the Federal Reserve itself.   This does have an impact on mortgage rates, but it does so in advance.  In other words, as economists and bond traders build consensus about what they think the Fed will do, mortgage rates adjust before the actual event. 

Then, when the Fed meets, the markets move based not on what the Fed did but rather upon what the Fed did compared to what they were expected to do.  This past week, mortgage rates moved higher as hopes for a half-point cut evaporated.  The stock market was still hopeful and had been rallying, pulling money from bonds and pushing bond yields (hence mortgage rates) higher.

So today, the stock market was disappointed by the conservative Fed move and was off 175 points a little while ago.  The bond market is rallying helping push mortgage rates lower.  I started getting minor price adjustments from my lenders this afternoon.