Denver weighs method to Discourage banks from foreclosures - 03/29/10 10:53 AM
Denver officials looking to slow foreclosures in hard-hit neighborhoods might take a cue from other cities and states: Tell banks to do more to help residents keep their homes or risk losing hefty government deposits.
City Council members Michael Hancock and Paul Lopez recently began reviewing data that show which lenders have high foreclosure rates in Denver. They hope to use the information to see whether those lenders will help clean up the mess.
They differ on how they'd approach that goal.
Lopez said he is intrigued by a recent move by the Los Angeles City Council to rate banks' "cooperation" … (0 comments)

Final Version of Denver Zoning Code Going to City Council in June - 03/27/10 04:58 PM
… (0 comments)

February Existing Home Sales - 03/24/10 08:39 AM
Housing Data Cornerstones
February Existing Home Sales
EHS Basically In Line--Inventory Jumps

• FEBRUARY EXISTING HOME SALES (SAAR) BASICALLY UNCHANGED.
February existing home sales (SAAR) totaled 5.02MM units, 0.6% lower than
January's 5.05MM unit pace, but 7.0% higher than year-ago levels. Consensus
expectations were for 5.00MM units. Single-family seasonally adjusted sales
were 4.37MM units, down 1.4% sequentially, but 4.3% higher yr/yr. Singlefamily
SAAR sales were mixed, sequentially declining 2.4% and 5.2% in the
South and West, but increasing 1.7% and 3.1% in the Northeast and Midwest,
respectively. The single-family median home price of $164,300 was up
sequentially at 0.3% but … (0 comments)

 
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Tricia Houston

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