Again, since you can NEVER call the bottom of the real estate market (you would only know in hindsight,) it looks like it was last spring 2009 to me...
From: http://www.bizjournals.com/denver/stories/2010/04/12/daily32.html?s=industry&i=resi_real_estate
Key commentary and advice on Parker CO Homes For Sale, Parker CO Foreclosures, plus Highlands Ranch Homes, Castle Rock CO Homes For Sale, and Englewood, Lone Tree, Centennial, Larkspur, Kiowa, Franktown, and Elizabeth Colorado homes.
Office: 303-841-0800 / www.ColoradoDreamHomes.net
Friday, April 23, 2010
Wednesday, April 21, 2010
Forbes article under fire!
Wow I could really get worked up about this...but I'll keep it simple. The central issue here is that the general public (including authors evidently) continue to believe that Zillow.com is legitimate! Zillow is and has always been a farce and a complete joke. I continue to pity anyone that buys into any valuations on any part of that site. If anyone wants to challenge me on that BRING IT ON!
From: http://insiderealestatenews.com/2010/04/hick-wants-explanation-or-correction-from-forbes/
From: http://insiderealestatenews.com/2010/04/hick-wants-explanation-or-correction-from-forbes/
Tuesday, April 13, 2010
Time to Invest in Real-Estate - WSJ.com
This dude called the bottom - The author of this article writes...Last summer I wrote that it was time to buy residential real estate if you were in the market and looking for a bargain. I never expect to call a market bottom, and certainly not for long-cycle assets like houses, but I seem to have come pretty close. The latest S&P/Case-Shiller survey results, released last week, suggest housing prices bottomed out around April 2009, when its 20-city composite index was down 32.6% from its peak reached in June/July 2006. Since then it has gained 3% through January 2010. I would agree that was the case with Parker CO real estate as well (at sometime in spring of 09.) Read more:
From: http://online.wsj.com/article/SB10001424052702304172404575167971729724454.html?mod=WSJ_Real+Estate_LeftTopNews
From: http://online.wsj.com/article/SB10001424052702304172404575167971729724454.html?mod=WSJ_Real+Estate_LeftTopNews
Thursday, April 01, 2010
Hey I think this is a great move and totally makes sense on a number of levels:
http://denver.bizjournals.com/denver/stories/2010/03/15/daily7.html
http://denver.bizjournals.com/denver/stories/2010/03/15/daily7.html
Denver-area single-family home prices rise 5.6% from a year ago
IAS: Denver-area single-family home prices rise 5.6% from a year ago - Median single-family home prices in the Denver-Aurora area rose 2.2% from December 2009 to January 2010, and climbed 5.6% between January 2009 and January 2010, according to Integrated Asset Services LLC. The figures are for five metro counties:
• Denver — Up 10.8%
• Adams — Up 1.1%
• Arapahoe — Up 4.8%
• Douglas — Up 5.4%
• Jefferson — Up 4.2%
http://www.bizjournals.com/denver/stories/2010/03/08/daily38.html?s=industry&i=resi_real_estate
• Denver — Up 10.8%
• Adams — Up 1.1%
• Arapahoe — Up 4.8%
• Douglas — Up 5.4%
• Jefferson — Up 4.2%
http://www.bizjournals.com/denver/stories/2010/03/08/daily38.html?s=industry&i=resi_real_estate
Program to Pay Homeowners to Sell at a Loss
Program to pay homeowners to sell at a loss - The Obama administration is taking a new approach: paying defaulting homeowners to leave their home. This latest program, which will allow owners to sell for less than they owe and will give them a little cash to speed them on their way, is one of the administration’s most aggressive solutions. Taking effect on April 5, the program could encourage hundreds of thousands of delinquent borrowers who have not been rescued by the loan modification program to shed their houses through a process known as a short sale. Lenders will be compelled to accept that arrangement, forgiving the difference between the market price of the property and what they are owed.
http://www.msnbc.msn.com/id/35756755/ns/business-the_new_york_times/
http://www.msnbc.msn.com/id/35756755/ns/business-the_new_york_times/
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