ARCHIVED BLOG POSTS
2008
7
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Daily Real Estate News | April 24, 2008The hardest places to sell homes are those with falling prices and a large inventory of unsold homes. Forbes magazine, which examined markets all over the country, concluded that Florida has the most markets that are really in the doldrums. Several cities ...
04/24/2008
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An article from The Denver Post, reports that the Colorado Housing and Finance Authority looked at areas where residents were calling in to the Colorado Foreclosure Hotline and areas with high foreclosures between Nov. 27 and April 4. Of the 11,633 foreclosures started in that time frame on $2.2...
04/24/2008
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An article from Business Week and MSNBC.com, reports that spring is traditionally the busiest time for real estate, largely because parents, readying for a summer purchase, don't want to move during the school season. With the housing slump in its third year, many buyers are reluctant to take a ...
04/24/2008
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An article from The Wall Street Journal Online, reports that Congress has gone from considering ways to collect more taxes from homeowners and individual real-estate investors, to coming up with new tax breaks for home buyers. Congress is now moving toward enacting new tax credits for home buyer...
04/24/2008
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An article from The Wall Street Journal Online, reports the silver lining of the housing downturn is that it is helping some people buy homes that they couldn't afford a couple of years ago. The Wall Street Journal's quarterly survey of housing-market conditions in 28 major metro areas points to...
04/24/2008
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An article from The Denver Post, reports that with homes built mostly in the 1940s and 1950s, home resale prices are falling in the unofficial Park Hill east neighborhood. According to Kathleen Clifford, a broker with Re/Max of Cherry Creek, the average price for a house in Park Hill's eastern b...
04/23/2008
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An article from CNNMoney.com, reports that key legislators, Bush administration officials, banking regulators and the presidential candidates have agreed on the idea of letting the Federal Housing Administration back new loans for homeowners at risk of foreclosure. All of the plans that have bee...
04/23/2008
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Today's tip is just a quick review of how to get 100% financing with FHA loans. FHA loans require a 3% mandatory cash investment. On any other type of loan, the seller is not allowed to pay the down payment for the buyer because doing so would effectively lower the sales price by 3%. It would ...
04/23/2008
An article from the Denver Business Journal, reports that according to a survey released this week, Denver residents are feeling more optimistic about the economy than people living in the rest of the country. The Country Financial Security Index is released every other month by Country Insuranc...
04/23/2008
An article from Mortgage News Daily, reports that according to a study released late last month by the National Association of Realtors® (NAR), second-home sales declined with the overall market in 2007, but second home sales still accounted for 33% of all new and existing home sales. In 2007, 2...
04/23/2008
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