ARCHIVED BLOG POSTS
2009
Apartment vacancies rise in Denver; rents remain flat, an article from The Denver Post, reports that apartment vacancy rates in metro Denver increased to 7.9% during Q4 2008., according to a report released Wednesday by the Apartment Association of Metro Denver. During the third quarter of 2008,...
01/29/2009
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Homebuyers get a bonus in the stimulus bill, an article from CNNMoney.com, reports that first-time buyers could receive a $7,500 tax credit if they purchase soon - no repayment required. The economic stimulus bill that's now before Congress includes a provision for a $7,500 tax credit for first-...
01/29/2009
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Washington Report: Expectations for Housing, an article from Realty Times, examines what we can expect in terms of housing and mortgage-related moves with a new president and Congress running Washington. At the top of the list is foreclosure relief. Barney Frank, the House Financial Services co...
01/28/2009
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Banks, lenders face Aurora rule, an article from Rocky Mountain News, reports that a measure was passed yesterday in Aurora requiring banks and lenders to maintain foreclosed and abandoned properties. A yet-to-be-determined fee will be charges in cases where there is failure to comply with the c...
01/28/2009
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For Your Clients: 4 Tips to Getting a Loan, an article from Realtor Magazine Online, examines four tips to help a buyer get a loan. First, consider what the government has to offer. The Federal Housing Administration (FHA) and the Veterans Administration (VA) are the biggest source of loans the...
01/28/2009
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Simplify and Focus, an article from Realty Times, examines how to simplify your business planning process and stay focused in 2009. Choose one word that will be the star you are aiming for this year (e.g., focus, consistency). Then ask yourself: 1) What is one thing that would make the most dif...
01/28/2009
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Denver-area home values show strength, an article from Rocky Mountain News, reports that the Denver-area housing market outperformed all but one market in the 12 months ended in November. According to a national housing report released Tuesday, Denver-area homes lost only 1.1%. This makes Denve...
01/28/2009
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Citigroup CEO, chairman, CFO get no bonuses Reuters, Jonathan Stempel, January 21, 2009 Citigroup Inc (C.N) on Wednesday said Chief Executive Vikram Pandit, Chairman Win Bischoff and Chief Financial Officer Gary Crittenden refused to be considered for incentive or retention awards, following ...
01/22/2009
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WASHINGTON —Even before they have settled into their new jobs, President Obama’s economic team faces an acute crisis in the nation’s banking system that has no easy answers and that they are not yet prepared to address. The president’s advisers watched most banking shares fall sharply on Tuesda...
01/22/2009
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High-end homes up for auction, an article from Rocky Mountain News, reports that seven Stapleton homes are being offered for sale online through March 5. These homes were originally priced at more than $1 million each. Four of the homes are in the Denver Brownstone development and three are in ...
01/22/2009