Got $$?-Good time to buy a luxury home

By
Real Estate Agent with Cherry Creek Properties, LLC

Good news for Denver's overall housing market show signs of improvement in the last couple of months.  However, the number of high end homes going into foreclosure is rising.  Obtaining financing in general is harder for buyers these days and even harder for buyers trying to qualify for jumbo loans.  A jumbo loan is any loan over $417,000.  The whole high end market as a result is affected negatively.  So, if you are a high end buyer it may be a great time to get a deeply discounted deal!

Posted by

Katie Graham, GRI, e-Pro, Ecobroker
Five Star Professional Real Estate Award Winner
Cherry Creek Properties
720-299-6612

katie@katie4homes.com
www.katie4homes.com

Comments (0)

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?