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YES! on Denver’s Solid Economy!!!

Everywhere I look I see signs and read things that tell us Denver is starting … maybe just with baby steps, but starting none the less … to get a handle on its economy which means the real estate market is most likely at a bottom. This means no more sitting on the fence buyers… you aren’t likely to get a much better “deal” for most types of homes, AND home loan interest rates went DOWN AGAIN! last week to more new lows.  It’s like stealing now!   Buyers, you can not miss this opportunity that you have right now.  You can’t lock in an really… Read More »

Important Forebearance (Time out) Loan Info

Freddie Mac Announces Up to 12-Month Forbearance for Unemployed and Fannie Mae did the same this week also. Posted: 12 Jan 2012 09:37 AM PST Effective Feb. 1, Freddie Mac (and now Fannie Mae too) is giving mortgage servicers expanded authority to provide six months of forbearance (not making payments with prior approval) to unemployed mortgage holders without prior approval, and an additional six months (12 months total) with prior approval. This new policy essentially doubles the previously offered forbearance period. It’s important to note: This applies to FannieMae/Freddie Mac-owned or guaranteed loans only. There is ACTION required. The homeowner must contact the servicer… Read More »

Denver is #1 for Real Estate Investing!!!

The stories keep coming about what a great market we have for investing in real estate.  Just a week ago, Greg Rand of Own America appeared on Fox TV and touted Denver as the #1 city in the U.S. for investing in real estate.  There were a multitude of reasons given such as, Denver is getting in-migration from all over the U.S.  Our average age is only 31 years.  Our foreclosure rate is now 1/2 of the national average. Our lifestyle was a huge factor for many relocating here with our low cost of living and year round out door… Read More »

Fab SE Denver,Close2Lt.Rail,Updated!MoveIn…Tour

Great location and views that no other home in the area has.  This one is special and just waiting for personal touches —- under $285,000!

June Home Sale Stats r In ….

as expected, not the best of news for anyone trying to sell a home right now….but buyers should be smiling. Denver’s housing market frenzy fizzles after tax credit expires By Steve Raabe The Denver Post Posted: 07/10/2010 01:00:00 AM MDT   Homebuyers stayed on the sidelines in June as the metro Denver market cooled off, absent the inducement of federal tax credits. Properties under contract for sale fell 31 percent in June compared with the same month last year. The slowdown was expected after a surge of activity earlier this year prompted by government incentives for first-time and move-up buyers. Home purchasers had… Read More »

How's the Denver Real Estate Market?

As usual, it depends on whether you are a buyer or seller.  Consider, since the buyer tax credits went away:   the number of homes under contract in the Denver metro area has plunged 41%; in April 2010 a record 6,616 homes were placed under contract—no shock there as the deadline (for all but active duty military) was April 30th; and May 2010 was the worst month for the number of homes under contract since March 2004. I’m calling it a buyer’s market…what else can it be with many more homes on the market in most neighborhoods than there are buyers. While one sale… Read More »

Denver C&C Building 'Blows it's Top' for July 4th!

First time ever, fireworks shot off from the top of the City and County Building.  This was the culimation of the free Colorado Symphony concert in Civic Center Park, which extended clear back to the east across Lincoln and Broadway, with the estimate 35,000 in attendance on July 4th eve, onto the State Capitol grounds and steps! Oddly, there were no American  flags in sight, but the lighting on the building and on the symphony stage I supposed was supposed to make up for that.

Sex (Offenders) in the City

Since I volutneer and work closely with an organization that is constantly vigilant regarding convicted sex offenders and our public safety I have access to information that all people should know about this population. First, the web sites that purport to show you where sex offenders live according a Sex Offender Registry are NOT to be relied upon.   Not even those lists put out by your local law enforcement.  Why?   The listings change often and you don’t check back all that frequently, and, more importantly, because this population of convicts have a hard time with “the truth.”   So it is not unusal that they do… Read More »

'Peeps' Fair

The 39th annual People’s Fair in the downtown Denver Civic Center area is in full swing, despite the two construction areas in the center of the Civic Center.

Home Loan in Progress? Beware …

Qualifying for a loan from application to closing will now require no new credit lines opened OR inquiries AT ALL other than from other lenders. D.W. Following are excerpts from the following article: Applying for mortgage? Starting June 1, you could face another credit screening By Kenneth R. HarneySaturday, May 15, 2010 If you’re thinking about applying for a home mortgage, here’s some important news: Beginning June 1, your lender is likely to order a second full credit screening immediately before closing. The last-minute credit report will be designed to find out whether you have obtained — or even shopped for — new… Read More »