Porter's Alternative Rescue Plan - Invest in America - 09/30/08 10:49 AM
Why should the government want to save the failing institutions and buy the bad loans, rather than just pump money into the economy Take the same $700 Billion, and make the government an investor. The money can be used for government loans for mortgages or business loans at a set interest rate (which the government can set and adjust when the market changes) with realistic qualification requirements. The lenders qualify the borrowers and make the loans. The lenders get the funds at a fixed amount lower than the actual loans. For example:
Wells Fargo creates a mortgage to a qualified borrower at … (0 comments)

Good News - Prices are down in Denver - 09/24/08 10:40 AM
According to a First American CoreLogic report released September 23, 2008, home-sale prices dropped 2.21 percent in July of this year from July 2007 in the Denver - Aurora area. Thirty-five states had nominal price declines in July, and those declines were less than the previous month, according to First American. The Denver-Aurora area was one of the top areas included in First American's July index; i.e. our area had the second lowest amount of decline in prices.
Actually, the drop in price is VERY good news. Nominal price declines "indicate additional stabilization in the geographic expansion of the housing market … (0 comments)

The Denver Real Estate market is alive and well. - 09/16/08 12:59 PM
YES, the slowdown in our market has slowed down, and properties are beginning to move again.
The real estate market is affected by supply and demand just like any other market. The supply is the inventory of other homes on the market. When the supply is too high, prices come down. We have been in a buyer’s market for some time, i.e. there are more homes on the market than there are ready buyers. However the number of unsold homes in the Denver area dropped by 20% in August from a year earlier, the largest percentage drop in five years. While … (2 comments)

Investment Property for sale near DU, only $125,000 - 09/10/08 09:04 PM
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Vicki

Vicki Porter

Denver, CO

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Ideal Properties of Denver

Address: 3773 Cherry Creek North Drive, #575, Denver, CO, 80209

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