real estate news: Mortgage Caution - Delays in Closings Will Happen! - 09/06/09 07:18 PM
A broker in my office came to me yesterday with some questions about a seller’s recourse if the loan doesn’t fund at closing.
Colorado is a “table closing” state, and our contract expressly states that the buyer must attend the closing with all moneys and documents. This means that if a … (2 comments)
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real estate news: Denver Real Estate Prices Rise 1.5% Since May - 07/01/09 10:39 PM
Denver real estate is in recovery. We’re the baby sapling, taking root and growing strong.
The thing is, we never totally crashed and burned like other cities did. Prices went down for sure and according to yesterday’s S & P - Case Shiller Report, we’ve seen depreciation of … (4 comments)
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real estate news: Buyers Beware - Denver’s Zoning Code Changes Coming Soon - 06/22/09 10:40 PM
Denver’s new Zoning Code is currently in the community feedback phase.
The new code has been in the works for several years, and Denver’s Zoning Code Task Force and the Community Planning and Development group are currently seeking public input. There have been several community meetings to … (1 comments)
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real estate news: Inspiring - Spire Condominium Rises in Denver - 04/27/09 10:16 PM
Downtown Denver has seen several developments taking shape. Once particularly interesting building is Spire.
Developer Randy Nichols is building a mid-priced condo development aimed at the average price range for a downtown buyer. The development is rapidly rising across from the Denver Convention Center and includes cool amenities like … (4 comments)
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real estate news: Building a New Home Wonderland in Denver - 03/15/09 03:22 PM
I’ve been reading the news about home builders throughout the U.S. cutting back, downsizing or going out of business altogether.
Here in Denver, Colorado we’ve lost Village Homes, John Laing, and more. McStain is hanging on by a thread. The downturn in real estate is taking its toll. I hate to … (0 comments)
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real estate news: Denver Colorado Real Estate | February 2009 Market Statistics - 03/10/09 09:21 PM
It’s that time again! Time to review the performance of Denver’s real estate market in February.
Stocks are plunging, national employment numbers are falling and yet our real estate market seems to be weathering the storm. We may be on shaky ground, and we are still seeing some prices … (0 comments)
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real estate news: Denver Economics - Real Estate Market and Current Trends - part 1 - 10/29/08 10:03 PM
Last night, The Kentwood Companies sponsored a real estate and economic forum for our agents and clients. The speakers were nationally recognized experts in their respective fields, and had some extremely interesting comments to make about the U.S. economy, the Denver, Colorado economy and real estate trends. Over 1,000 people attended, … (0 comments)
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real estate news: September ‘08 Market Stats - 10/08/08 08:59 PM
Metrolist has released the sales data for September, and the trend continues to show that days on market are shortening. As we see inventory moving in the medium price ranges, with fewer new listings coming on the market, we’ll see that properties are selling more quickly.
The high end properties continue … (0 comments)
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real estate news: Riding Out the Storm - 08/05/08 08:55 PM
Is real estate struggling? Is there a storm? Are we riding it, or riding it out?
Realtors I talk to are: optimistic, working harder than ever, looking forward to the future, getting out of the business, all of the above. Jim Morrison sang, “Riders of the Storm” but sometimes when … (15 comments)
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real estate news: Market Headlines - Are You Worried? - 07/14/08 10:02 PM
Yesterday afternoon, I got a text alert from The New York Times about the federal government’s plan to shore up Fannie Mae and Freddie Mac. Strange to get a NYT alert on a Sunday, just after their big edition hit the doorstep.
Maybe Not so Strange
The government worries about markets … (9 comments)
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real estate news: Selling Your House for What You Need! - 06/23/08 10:29 PM
In today’s Wall Street Journal section of The Denver Post is a column written by Jeff Opdyke. “A Trip - And a Change of Heart” tells the story of his unfortunate experience in trying to relocate to Hong Kong. Unlike the New York Times, WSJ blocks out online readers unless … (0 comments)
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real estate news: Denver Real Estate Stats - May ‘08 - 06/18/08 09:13 PM
The Denver real estate market is like the old saw about a riddle wrapped in a conundrum wrapped in an enigma. I wish my crystal ball was working better, but I’ll have to rely on instinct, experience and my best guess.
Here are some statistics taken from the Denver MLS for … (6 comments)
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real estate news: Buyers Beware - Market Turnaround Ahead - 06/08/08 08:39 PM
Multiple offers? New listings gone in under a week? Is this the Denver real estate market?
Yes! In our medium price ranges, $250,000 to $800,000, things are going fast. I’ve had several brokers in my office tell me that they’ve been in competitive bidding situations recently. More than one - sometimes … (6 comments)
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real estate news: Harley Tells it Like it Is! - 05/16/08 10:09 AM
I'm in Washington, DC this week at the NAR Mid-Year meetings - this is the 100th year of NAR, and the 105th year of Harley Davidson. Yesterday, I opened the hotel's USA Today and this is the ad on the back of the Business Section (minus the really cool bike):
We … (3 comments)
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real estate news: Ambulance Chasers Attack Realtors - 04/24/08 10:46 PM
I got this email today regarding an underhanded maneuver by the Colorado Trail Lawyers Association (aka Ambulance Chasers): Before you read about it in the paper, we wanted you to be aware of a new ballot initiative filed that would limit commissions for real estate brokers. It’s a sliding scale but … (7 comments)
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