LBA Realty Pays $7.8M for Industrial in Aurora CO - 08/24/10 06:21 PM
LBA Realty Pays $7.8M for Industrial in Aurora – LBA Realty purchased an industrial building in Aurora for $7.8 million, or nearly $57 per square foot. The one-story, 136,828-square-foot industrial building is situated in the Southwest DIA/Pena Boulevard Industrial submarket. Read full article: http://www.costar.com/News/Article.aspx?id=1634774B269770C6D2B4D5DDBB304556&ref=100&iid=194&cid=9001CBAF4DBD10ED080732AB2C10D7B8
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Colorado apartments cost more in second quarter - 08/24/10 06:16 PM
Colorado apartments cost more in second quarter Colorado apartments cost more in quarter – Apartment vacancies dropped and rents rose in Colorado during the second quarter, according to a Colorado Division of Housing report released yesterday. The state’s average apartment vacancy rate decreased to 6.2% from 9.1 in the second period of 2009. It was basically flat from 6.6% in this year’s first quarter. Statewide apartment rents averaged $862.24 per month last quarter, up from $837.32 for the prior-year period and $840.44 in the first quarter. http://www.bizjournals.com/denver/stories/2010/08/16/daily46.html?s=industry&i=resi_real_estate
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Real Estate Outlook: Fannie Forecast - 08/24/10 05:56 PM
Real Estate Outlook: Fannie Forecast - Check out the latest forecast from Fannie Mae chief economist Doug Duncan, if you want a good sense of where we are in housing and where we're headed.  Never known as a Pollyanna or wild optimist, Duncan acknowledges that this summer has been a challenging time for just about anyone in real estate.  The slump was widely predicted earlier this year by economists -- including Duncan -- who saw sales and building starts essentially sucked out of the summer months into the spring months by the tax credit.  However, Duncan sees some positives taking shape: "Consumers … (2 comments)

Foreclosure filings dropping in Arapahoe County - 08/16/10 04:16 PM
Foreclosure filings are slowly inching down in Arapahoe County, a development that appears to be mimicking a statewide trend, according to an Aug. 5 report from the Colorado Division of Housing.
There were 300 fewer foreclosure filings in the county during 2010's second quarter, an 18.7 percent drop over the same period last year. In all, there were 1,303 foreclosures filings in the second quarter of 2010; about 1,603 filings were reported in Arapahoe County through the second quarter of 2009.
Foreclosure sales - which indicate how many borrowers lost all their equity in the property as the result of it … (0 comments)

 
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Jude Sandvall, 720-255-1021

Aurora, CO

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