The Denver Business Journal reported today that prices of existing homes in the Denver area climbed a tenth of a percent in March from the previous month. This makes Denver one of just two US cities out of 20 in a Standard and Poors survey to see a month to month price rise.
To read the entire article, go to:
http://denver.bizjournals.com/denver/stories/2009/05/25/daily15.html?surround=elf
Just another piece of good news for the Denver housing market, and added incentive to those of you on the fence waiting to buy.
Later,
Allison
Tuesday, May 26, 2009
Wednesday, May 20, 2009
Denver - Top City on the Verge of Real Estate Turnaround
May 19, 2009 - Barbara Corcoran, a regular contributor and Real Estate expert for the "Today" show, named Denver as her top pick city on the verge of a Real Estate turnaround.
Click here to watch Corcoran's "Today" show segment on cities on the verge of real estate recovery.
http://www.gawkk.com/housing-markets-most-likely-to-rebound-fail/discuss
Later,
Allison
Click here to watch Corcoran's "Today" show segment on cities on the verge of real estate recovery.
http://www.gawkk.com/housing-markets-most-likely-to-rebound-fail/discuss
Later,
Allison
Friday, May 15, 2009
Big Improvement to First Time Homebuyer Credit
On Tuesday, May 12, Shaun Donovan, US Secretary of Housing and Urban Development, announced a major improvement to the first time buyer tax credit program. The FHA is going to permit its lenders to allow home buyers to use the up to $8000 tax credit as a down payment.
He says FHA's approved lenders will be allowed to "monetize" the tax credit through the use of short term "bridge loans". This will allow eligible home buyers to access the funds immediately at the closing table.
To read the complete article, please click on this link:
http://www.realtor.org/RMODaily.nsf/pages/News2009051202?OpenDocument
On Tuesday, May 12, Shaun Donovan, US Secretary of Housing and Urban Development, announced a major improvement to the first time buyer tax credit program. The FHA is going to permit its lenders to allow home buyers to use the up to $8000 tax credit as a down payment.
He says FHA's approved lenders will be allowed to "monetize" the tax credit through the use of short term "bridge loans". This will allow eligible home buyers to access the funds immediately at the closing table.
To read the complete article, please click on this link:
http://www.realtor.org/RMODaily.nsf/pages/News2009051202?OpenDocument
Monday, May 11, 2009
The Denver Business Journal reported today that Colorado home foreclosure filings and sales both dropped in the first quarter from a year earlier, a positive sign for the state's economy.
To read the full story, go to: http://denver.bizjournals.com/denver/stories/2009/05/11/daily5.html?surrounmd=elf
Later.
Allison
To read the full story, go to: http://denver.bizjournals.com/denver/stories/2009/05/11/daily5.html?surrounmd=elf
Later.
Allison
Friday, May 1, 2009
On March 24, 2009, Governor Bill Ritter signed House Bill 09-1091. The new law requires the installation of carbon monoxide detectors in the sale and rental of dwelling units with fuel fired heat or appliances, fireplaces or attached garages. The detectors must be installed if a property is offered for sale or if a change of tenant occupancy occurs after July 1, 2009. If you are planning to list your home after July 1, 2009, or if you own rental units that will change occupancy after July 1, 2009, you should be planning to comply with this new law.
Later,
Allison
Later,
Allison
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