denver real estate: 9590 E Florida Ave, Denver CO 80247 Copperstone condos - 04/03/12 07:29 PM
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denver real estate: 5 Foreclosure Myths for 2012 - 03/17/12 08:37 PM
5 Foreclosure Myths for 2012. This is a great article for all types of "buyers". There is tons of news and views of the real estate market and everyone has an opinion. This is a good read from Carl Medford on Trulia.com:
"Beginning in 2007, foreclosures rocked the real estate world. Like an out-of-control freight train, they began decimating the market, peaking in 2009. Myths and rumors began propagating like mushrooms as consumers struggled to understand the new reality. Although many misconceptions have come and gone, we still encounter five myths on a regular basis.
1. There is going to be a flood of … (10 comments)
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denver real estate: Denver news you can use. Denver CO market update and mythbusting. - 02/29/12 10:40 AM
Denver news you can use. Denver CO market update and mythbusting. What a start of 2012! With all the news/views flying around I thought I would give you my point of view. The market is crazy right now and I am sure we all have a different idea of how our market is doing. Here are some key myths/points for you:
Myth #1: the market is not that great. #2: its a buyers market. #3: there are lots of good deals. #4 it's not a good time to list. #5 it not a good time to buy. #6 it's not … (2 comments)
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denver real estate: Denver ranks #1 in cities to invest. How Can You Profit From Housing Growth in Denver, Colorado - 01/06/12 11:28 AM
Interesting video on Fox Business News today. Greg Rand CEO of Own America said Denver is the top city for investment opportunities in real estate. He says there is a nationwide migration coming into Denver due to our young average age and awesome lifestyle. There is something to be said for our mountains and blue skies. Overall good news and our market has done very well. Worth a view! Watch the latest video at video.foxbusiness.com … (0 comments)
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denver real estate: Top 5 things to look for during a home inspection and what you should learn. - 11/16/11 12:18 PM
Inspections are often a "sticky" part of the real estate transaction. Often buyers get bogged down in the details and want to ask for the moon to be fixed before moving on. Hence I find myself talking the buyer down to focusing on the saftey issues and big ticket items. Well, thanks to local Denver inspector Darryl Bashline from DBInspections he has so kindly put into words for us:
1. What are the top 5 things you don't want to find during a home inspection?
A: You don't want to find safety of costly repair issues such as: 1. Foundation problems 2. Roof/Structural problems 3. Water/wet basement/crawl space issues … (8 comments)
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denver real estate: Are lenders tightening the lending guidelines or are they just going back to how they were? - 10/18/11 01:01 PM
Interesting video about lending today versus lending practices in the past. Most would say lenders are tightening but "...the reality that banks are not tightening their lending standards; they are just following the standard practices that they were using years ago." Also, investors might be able to expand their portfolio in the future... if all works out. Denver Real estate Investments: www.housefitz.com Denver Income Properties: www.housfitz.com … (0 comments)
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denver real estate: Denver metro vacancy rates are at all times lows! Calling all investors. - 09/01/11 12:51 PM
Denver metro vacancy rates are at all times lows! Calling all investors.
Multiple articles are out this week about the low vacany rates for metro Denver. Two counties even posted a 0% rating (Broomfield and Boulder).
This is a good indicator for those thinking of investing in the Denver housing market. Rental demand is high which could drive rental prices even higher.
“Both the vacancy rate and the number of days on the market are at the lowest levels recorded since 2001,” said Ryan McMaken a spokesman for the Division of Housing.
1.9% was the highest county wide vacancy rate. Here … (2 comments)
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denver real estate: Want to know your home's value? Why your local agent is MUCH more reliable than your real estate website. - 07/27/11 12:18 PM
Want to know your home's value? Why your local agent is MUCH more reliable than your real estate website. Finally! I just read this article: 4 ways online real estate valuations fail. I will add this to my library for refuting the monthly conversation of off-based website property values. I know Realtors are not the only ones putting out this fire, mortgage brokers and appraisers have the same objection: But ***** says my home is worth $270,000!
Here's their list of ways consumers could get bad comps:
if your home is older and has had a lot of improvements and even additions that are not in the county records, you're likely to … (2 comments)
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denver real estate: 5642 Noble Street Golden, CO Meadowbrook area - 06/29/11 07:42 PM
5642 Noble Street Golden, CO Meadowbrook area … (0 comments)
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denver real estate: 1672 Kendall Lakewood, CO, 80214, good opportunity for investors! - 06/13/11 03:04 PM
1672 Kendall Lakewood, CO … (1 comments)
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denver real estate: The short sale process and its' deficiencies. - 06/01/11 01:58 PM
This too good not to share. This is an article written to the editor of Inman News from a real estate agent from Las Vegas. His response is on point. Many folks have opinions on "how" our market is doing, but the truth is, those that are on the front lines have the best reports. The short sale processis tricky and often mis-aligned with no clear protocol to follow AND each bank follows a different protocol. Buyers are often mis-informed or uneducated about how the process works. Mr. LeVine makes some very good points on how this could be changed.
A big thanks … (9 comments)
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denver real estate: Denver ranks #1 in April for fastest moving real estate market. - 05/25/11 02:14 PM
Denver ranks #1 in April for fastest moving real estate market.
I read this article ranking how quickly markets are moving. Realtor.com ranked the top 146 markets across the nation to gauge how quickly the market is moving and Denver came in #1. (California held 5 of the top 10 positions.) This is a great indicator for those that are questioning the Denver market. Still wondering if it is a good time to buy or sell? Here are a couple things to consider:
1. 30 year historical low interest rate's. Where are they heading? Cheaper to buy than rent?
2. Rental vacancy rates … (2 comments)
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denver real estate: What Coloradoans need to know about home loan modifications. - 05/12/11 12:34 PM
What Coloradoans need to know about home loan modifications. This is a great article with tools on how to prepare for the loan process and how to proceed once in the process. Also, this is a good clip about some locals who were successful in getting a loan mod done... with help. The process is long and tough but persistence is key. 9News has helped get loan mods through but it would be nice to know that a news channel doesn't have to get involved to know the process is working correctly. They key is to remember NOT all homeowners will qualify and … (2 comments)
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denver real estate: Loan modification and how to. What does it take? Colorado - 05/12/11 11:59 AM
Loan modification and how to. What does it take? Are you trying to get a loan modification done? If you are like many Colorado homeowners your thoughts are they don't happen. The truth is they do and NOT all homeowners will qualify. Also, this is a video from last nights 9News about a local homeowner who was successful but it came with some help. … (0 comments)
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denver real estate: 9590 E Florida Ave #2025 Denver CO 80247 Copperstone condos - 04/11/11 02:42 PM
9590 E Florida Ave #2025 Denver CO 80247 Copperstone condos … (0 comments)
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denver real estate: Short sale questions and answers: What is the priority of offers? Must knows for buyers. - 03/29/11 04:13 PM
Short sale questions and answers: What is the priority of offers? Must knows for buyers.
I found this article today regarding how realtor's handle offers in short-sale situations. There are many mis-conceptions and confusion about how short-sale protocol flows. Remember, there is a third party involved that requires "approval" outside of the two signing parties: the Lender. Banks often have addendum's and protocol that super cede your contract/offer and will pursue the best "net" offer. That means your contract is not approved until the lender signs off on it. Only then are you under contract.
"Ultimately, the short-sale addenda prevents the contract from being finalized so as … (2 comments)
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denver real estate: Live, work, play Denver! The hottest livable communities in Denver, Colorado - 03/22/11 05:25 PM
Live, work, play Denver! The hottest livable communities in Denver, Colorado. I think metro Denver has many great neighborhoods... and as the old adage goes: location, location, location. This is a friendly contest sponsored by 9 News and DRCOG featuring the best places to live work and play. "Welcome to Live Work Play 2011, the Denver Regional Council of Governments' (DRCOG) brand-new and exciting awards program celebrating great places and livable communities in the Denver region." Here is a list of nominees (in no particular order):
1. Olde Town Arvada 2. Belmar, Lakewood 3. Lowenstein CulturePlex, Denver 4. Downtown Lyons, CO 5. … (2 comments)
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denver real estate: Belmar neighborhood, Lakewood Colorado - 03/22/11 04:40 PM
Check out Belmar! I found this video featured by Denver Doings about the Belmar neighborhood. Belmar is a new diverse neighborhood in Lakewood CO with restaurants, entertainment, shopping, condos, nighlife, art and outdoor activities. Located just west of Denver and right at the foothills of the rocky mountains you will find something to like about this area. Access is great and the new Fastracks lightrail will soon be runnning. Check out the Belmar website: http://www.belmarcolorado.com/ To search available Belmar realestate: www.housefitz.com … (1 comments)
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denver real estate: Questionable use of Colorado zoning laws and the tax implications. - 03/08/11 02:54 PM
Good local news article regarding the use of "AG-land" tax status. I have dealt with this in a current listing of 250+ acres in Parker CO. Clients tax bill hiked 70,000 dollars last year without notice. Clients zoning did not change but their use did. The question lies within the area of abuse. This could be used to fund schools but how much will it cost to fix? … (2 comments)
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denver real estate: 5 factors that affect home values. - 03/08/11 02:39 PM
I just read a good article about the present market and the way buyers are looking at value. "Location has long been touted as the most important variable affecting the value of residential real estate. Recently, the S&P/Case-Shiller Home Price Indices suggested that location is still a front-runner in terms of determining valuation."
Location is, of course, #1 yet location can be on both sides of the spectrum. Similarly, your competition has much to do with selling price. Our market is much different today with many different factors mixing the big picture. As always, your local market is just that, local. This article covers … (2 comments)
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