Looking For Foreclosures? Don't Wait Too Much Longer! - 02/28/10 07:28 AM
Daily Real Estate News  |   February 23, 2010  |   Share Foreclosure Bargains Getting Harder to Find Home buyers hoping to snag a really good deal on a foreclosed home are finding it increasingly difficult because supply is shrinking.The number of foreclosures that are available for sale nationwide fell to 617,000 in December, down from 845,000 in November 2008, reports Barclays Capital.Not only have attractive homes in popular neighborhoods already been snapped up, but also government help for distressed buyers is delaying more foreclosures.Demand is driving up prices. Investors say typical prices have climbed from 75 percent of appraised value to 85 percent or … (2 comments)

2010: The Year of the First-Time Buyer? - 02/20/10 05:23 AM
Daily Real Estate News  |   February 19, 2010  |   Share 2010: The Year of the First-Time Buyer? According to the Chinese calendar, 2010 is the Year of the Tiger. But in real estate, 2010 may come to be known as the "Year of the First-Time Home Buyer."Mark Zandi, chief economist at Moody's Economy.com, says there will be 1.84 million homes sold to first-time home buyers in 2010, compared with 1.73 million in 2009.These buyers will invariably make some mistakes that they will come to regret a few years down the road, some experts say, including failing to use a real estate professional to … (4 comments)

 
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Joe & Lynn Schnurr

Aurora, CO

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Keller Williams Realty Denver/Southlands

Address: 6235 S. Main Street , Suite 250, Aurora, CO, 80016

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