market analysis: Market Conditions - As of August 1, 2009 - 08/11/09 12:59 PM
Market Conditions - As of August 1, 2009
In July, the national unemployment receded back to 9.4% from 9.5% in the prior month. This is a positive sign that the bottom of the recession appears to be close at hand, if not already past, as unemployment is a trailing indicator.
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market analysis: Denver Market Conditions - As of July 1, 2009 - 07/07/09 03:35 PM
Market Conditions - As of July 1, 2009
Reports can be retrieved at: http://images.agentcenter.com/client/4/3/9/23934/2009.06_Blog_Information.pdf
In June, the national unemployment rate inched up to 9.5% from 9.4% in the prior month. That is the 2nd highest it's ever been since statistics have been tracked consistently, starting in January 1948. Recapping the … (0 comments)
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market analysis: How to Avoid Paying the Procrastination Tax - 06/17/09 02:31 AM
Are you paying "The Procrastination Tax"????
In these times of economic hardship, there is a tax so many pay WILLFULLY!!! I can never understand why, but they do:The Procrastination Tax.
You pay it, and don't even realize it! And it's likely the biggest discretionary tax you will pay! It's a tax … (7 comments)
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market analysis: Denver Market Conditions - June 2009 - 06/16/09 01:21 AM
Market Conditions - June 2009
In June, the national unemployment rate reached 9.4%. That is the 2nd highest it's ever been since statistics have been tracked consistently, starting in January 1948. The five most recent highs have been:
•1. 10.8% - November and December 1982
•2. 9.4% - May 2009
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market analysis: Denver is "ON FIRE" -- as long as you are in the 88% of the folks making less than $100k - 05/22/09 08:29 PM
See more here: Denver Market Statistics
Some interesting points:
Unemployment:
National - 8.5% (up 0.4%) - the highest since 1983.
Colorado - 7.2% (up 0.6%) - the highest since 1988.
Denver - 7.9% (up 0.5%)
Months of Housing Inventory is DOWN SHARPLY (good thing for prices), meaning a trend toward a Seller … (0 comments)
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market analysis: Short Sales - Where does a broker's obligation end? Does it go on ad infinitum? - 03/03/09 01:04 PM
I recently had a dialogue with a fellow professional about short sales. In that discussion, there seemed to be a difference of perspective about just what the role of a broker is. I am interested in your thoughts of whether I am being too extreme or narrowly focused in my definitions … (1 comments)
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market analysis: Media Malpractice - Did I Miss How to Report Truthfully in School? - 02/25/09 05:23 PM
Every month, I put together the "Mile High Stats" from MetroList in Denver. You can see those charts here. http://images.agentcenter.com/client/4/3/9/23934/2009.01_Blog_Information_Word_2003.pdf
The first chart is something that is the MOST important for the entire group of readers. Though nobody knows the future, I am disgusted - yes, disgusted - with the fear … (2 comments)
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market analysis: RealtyTrac - Misreporting Numbers? Hurting Colorado for profit? - 02/04/09 08:30 AM
If your real estate broker said:
•· This home is $200,000, plus or minus $140,000
•· This home has 4 bedrooms, plus or minus 2.5 bedrooms
•· This home is 2000 square feet, plus or minus 1400 square feet
Chances are, you might think that your real estate broker "never left … (0 comments)
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market analysis: Denver Market by Price Point - Mile High Home Hunter Realty - 11/16/08 12:31 PM
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market analysis: Denver Market by Price Point - Mile High Home Hunter Realty - 10/17/08 07:04 PM
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market analysis: Denver Market by Locale/City/Market - Mile High Home Hunter Realty - 10/17/08 06:54 PM
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market analysis: Denver Market by Price Point - Mile High Home Hunter Realty - 10/15/08 08:53 PM
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market analysis: Denver Market by Locale/City/Market - Mile High Home Hunter Realty - 09/15/08 04:18 PM
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market analysis: Denver Market by Price Point - Mile High Home Hunter Realty - 09/15/08 04:13 PM
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market analysis: Denver Market Report by Locale - July 2008 (Single Family Residential) - 08/07/08 02:58 PM
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market analysis: Denver Market Continues to Tighten - Median Price Housing Shortage Looms? - 08/07/08 02:39 PM
Is Denver facing a housing shortage? Well, maybe not a comprehensive shortage, but one where it counts - right in the market sweet spot, the median priced home.
Over the past few months Denver has been acting countercyclically to the national market. If you read my monthly blog, accessible from my … (0 comments)
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market analysis: The Cost of Waiting - or "How to Avoid Paying the Procrastination Tax" - 05/24/08 10:18 PM
So, given all this, doesn't it make sense to wait? Not really. There is a potential cost associated with waiting, that I like to call "The Procrastination Tax". You pay it, and don't even realize it! And it's likely the biggest tax you will pay!
Well, remember when you bought that Jan Michael … (1 comments)
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market analysis: The Media -- They Just Get it Wrong...Part 2 of the 5 Part Series - 05/24/08 09:50 PM
THE GREAT DECEPTION
The world is not ending. Birds are chirping. The sun rises and sets everyday...just like normal. Things are not as bad as you hear.
In fact, this country is doing very well. The USA is doing much, much better than you would think from listening to … (2 comments)
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market analysis: DON'T PAY THE PROCRASTINATION TAX!!!! A 5-Part Series by the Mile High Home Hunter - 05/24/08 09:47 PM
Well, it's a scary market. That's what everyone is hearing, including me. However, I have the benefit of working this business everyday and I see the atrocious spin out there. It's spin that could cause you to be focused on the wrong things in today's market. If one were to listen … (1 comments)
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market analysis: Mile High Home Hunter - The Daily Dirt - Market Activity by Price Point - 05/24/08 09:38 PM
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