milehighhomehunter: The Market - Part 4 of the 5 Part Series - 05/24/08 10:13 PM
The Market
Let me share some insights that, perhaps, you might not have considered in regard to YOUR home ownership.
Now, I hear that a lot of folks say they are waiting for the "bottom of the market". You might have heard me say on the radio that the market is … (0 comments)
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milehighhomehunter: The Market Opportunity - Part 3 of the 5 Part Series - 05/24/08 09:59 PM
The Opportunity
Truth be told, there is a world of opportunity out there. Let’s just share some of it with you:
Historically low interest rates (click here to see the chart from the St. Louis Fed)
When you add the cost of money and inflation, real … (1 comments)
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milehighhomehunter: 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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milehighhomehunter: 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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milehighhomehunter: Denver, Colorado - Market Demographic - Months of Inventory by Price - 04/06/08 09:27 PM
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milehighhomehunter: The Daily Dirt - How's the Market? News from the Mile High Home Hunter (Pt. 3) - 04/05/08 11:24 PM
Occupancy Is at Record and Near-Record Highs in Denver
Lastly, occupancy of rental units is running at historic highs.
As I was quoted in the Denver Business Journal, many of you are starting to invest in real estate. First time investors are starting to jump into the market. With a near perfect storm … (0 comments)
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milehighhomehunter: The Daily Dirt - How's the Market? News from the Mile High Home Hunter (Pt. 2) - 04/05/08 11:22 PM
Lower Home Inventories - Crisis? Been there. Done That!
What do lower inventories tell you intuitively?
It tells me that supply is lower than demand. And when supply is lower than demand, what happens to price? It goes up!
Well, below is a chart showing the national scene. You can see the preliminary … (0 comments)
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milehighhomehunter: The Daily Dirt - How's the Market? News from the Mile High Home Hunter (Pt. 1) - 04/05/08 10:10 PM
How's the market? It's the question Realtors® get asked more often than any other question.
Why is that? Well, because unlike doctors, lawyers and accountants, Realtors® are one of the few professions that are pro-active in nature:
You call a doctor, usually when you are sickYou call a lawyer, usually when you … (0 comments)
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milehighhomehunter: Fed Rate Cut Expected - 03/17/08 11:50 AM
Rate Cut Expected
Financial markets are pricing in an estimated drop in the Fed Funds Rate to 2% will be announced in the upcoming Fed Open Market Committee Meeting. The next meeting takes place March 18, 2008, with minutes - and the rate announcement - being released the second day … (2 comments)
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milehighhomehunter: Clarkson Featured in Denver Post Article - Foreclosures offer bargains, lemons - 03/16/08 05:18 PM
Folks:
I was featured in the following Denver Post article regarding foreclosures and home auctions. I wanted to share it with you. You can also see it at http://www.MileHighMLS.com
Foreclosures offer bargains, lemons
Although it's tempting, buying a house at auction isn't for everyone - and it may require on-the-spot payment in cash By Christian … (1 comments)
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milehighhomehunter: Market Trend Analyis - Denver Metro Area Selected Towns/Cities - 03/02/08 07:52 PM
Well, it looks like warm weather (warmer than last year), lowered interest rates and increased showing activity brought people into the market, by the MEGATON!!!
Here are some of the highlights:
The overall market swung wildly from 5.7 months of inventory to 7.0 months of inventory. WOW!HOWEVER, ALL markets surveyed below showed a … (0 comments)
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milehighhomehunter: Denver, Colorado - Market Demographic - 03/02/08 06:24 PM
Note: This representation is based in whole or in part on content supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Content maintained by Metrolist, Inc. may not reflect all real estate activity in the market.
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milehighhomehunter: MileHighHomeHunter March Newsletter is Ready! - 03/02/08 06:16 PM
Here is a link to my "March Real Estate Update":http://realtytimes.com/112/MichaelJClarksonThis Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.This month's issue includes topics such as: "When Selling Your Home, Using Scents Makes Sense!";"Condos Pay Off As Second … (0 comments)
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milehighhomehunter: Clarkson - Online Referral Directory is Here!!! - 02/29/08 10:39 PM
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milehighhomehunter: New Builders - They Offer Deals, They LOVE Realtors® - 02/29/08 09:37 PM
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milehighhomehunter: Home Prices Drop to 20-year Low! 3-Part Blog Entry (Part 3) - 02/26/08 03:09 PM
Historical Return on Real Estate
Now that we have seen how Denver appears to be bucking the trend, nationally, let's look at returns on real estate. As the story is national in scope, permit me treat it nationally as well.
Let me start this section with a question: Do you recall the … (2 comments)
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milehighhomehunter: Home Prices Drop to 20-year Low! 3-Part Blog Entry (Part 2) - 02/26/08 03:08 PM
The Denver Market
The data - the S&P/Case-Schiller Index of Home Price Indices - shows just how local real estate markets are. So, let's look into it more.
Though the overall market is down 8.9% (see article here), the local markets show many different stories. In the inimitable words of Secret Agent … (2 comments)
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milehighhomehunter: Home Prices Drop to 20-year Low! 3-Part Blog Entry - 02/26/08 03:07 PM
You likely heard the headline today: "Home Prices Drop to 20-year Low!"
It's been all over the news and the internet. If you read the headlines, those of you from my generation would be reminded of a skit that Sean Penn did after the 1987 Stock Market Crash on Saturday Night Live. … (0 comments)
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milehighhomehunter: Is Denver back? - 02/25/08 09:06 PM
Is Denver back?
Since December 2007, strong news has been published about the Denver real estate market. As noted in the flash message on this page (immediately to the right), Denver has been touted as having:
A projected "Top 5 Market" as identified in a National Association of REALTORS®. Click here to see … (1 comments)
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milehighhomehunter: MileHighHomeHunter is selected Realty Times' site of the Day - 02/24/08 10:04 PM
Folks:
I hadn't had a chance to share some good news with you that I have wanted to for a while. My site - YES! MY SITE! - was chosen as Realty Times® "Site of the Day".
Realty Times® is by far the leading Real Estate News site on the Internet and is … (3 comments)
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