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/

Tuesday, April 13, 2010

10841 e. Holden in franktown co is hot, hot, hot! But man it is wearing me out. 10-15 showings per week and 2-3 calls per day is tiring.
68% of married couples spend more time with their laptops (lappies) than their spouse. Yep that is me
What is foursquare.com have to check that out.
Hanging out downtown at realtor rally and listening about Twitter trends... Cool stuff.

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

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

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

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/