Here is a quick update on recent Denver, Colorado real estate headlines. If you know any potential first-time homebuyers, the first article is a must-read. The other two address hot price-ranges in Denver, and the latest foreclosure statistics and why they may not be completely accurate. Also, see the bottom of this message for two more ways you can stay on top of the latest info from our team!
This first article explains a new program through which first-time homebuyers in Colorado can utilize a big chunk of their $8,000 tax credit as a down-payment or for closing costs:
Help for a first home
Potential buyers get state loan, federal tax credit
Here is an explanation of the 'hot' price-ranges in the Denver area:
Real Estate Market Hot For Low, Mid-Priced Homes
Multiple Offers, Bidding Wars Possible For Houses Priced Near $250K
Finally, this story explains Colorado's current 12th in the nation foreclosure ranking, why the State disputes the numbers and what they are planning to do to improve their reporting of foreclosure data:
RealtyTrac: Colorado 12th in foreclosures in 1st quarter
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