For the second month in a row, the median price for a single-family home in metro Denver rose nearly 15 percent in February compared with the same month a year ago, but the number of homes sold declined.
Prices up AGAIN in Colorado Year over Year
March 10, 2010 · Leave a Comment
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Denver Home Prices Up Year over Year
February 24, 2010 · Leave a Comment
Denver was among six metropolitan areas in a 20-city survey released Tuesday that saw home prices increase in December compared with the same period a year ago.
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Denver Post Oped on Rent Control
February 11, 2010 · Leave a Comment
This article in the Denver Post sums it all up on the issue of rent control:
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Denver Home Prices UP!
February 10, 2010 · Leave a Comment
Median home prices in metro Denver soared in January compared with the same month a year ago, even as sales during the same period declined, according to data released Tuesday.
The median price for a single-family home was $210,000, up nearly 16 percent from $181,500 in January last year, according to an analysis of Metrolist data. The median price for a condo was $130,500, an increase of 15 percent over last year’s January price of $113,000.
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Rent control coming to Colorado??
February 8, 2010 · Leave a Comment
I never thought I’d see it in the free market state of Colorado, but these crazy legislators actually have a RENT CONTROL bill on the table:
http://www.leg.state.co.us/CLICS/CLICS2010A/csl.nsf/fsbillcont3/9BBA6B3653BC17CB872576A800289E82?Open&file=1017_01.pdf
I practiced law in NYC under rent control and it was a NIGHTMARE! This will KILL the free market and impose unreasonable registration and filing requirements for landlords.
Contact your state representative right away and ask them to KILL THIS BILL
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Denver/Aurora makes Top 10 List of Best Places to Invest in Real Estate
February 7, 2010 · Leave a Comment
Denver/Aurora makes Top 10 List of Best Places to Invest in Real Estate.
Not surprising, considering Denver’s low unemployment, vibrant economy and limited supply of low-end homes on the market.
Read more –>>> http://www.huliq.com/9498/90404/top-20-real-estate-investment-markets-us
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FHA Waives 90 Day Rule for 1 year
January 17, 2010 · Leave a Comment
Effective Feb 1, the Housing and Urban Development Department will waive for one year an FHA rule that prohibits insuring a mortgage on a home owned by the seller for less than 90 days, giving FHA borrowers access to a broader array of recently foreclosed properties.
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New Colorado Bill Aims at Vacant Properties
December 23, 2009 · Leave a Comment
According to the Post, a new bill introduced in Colorado would allow lenders to take control of abandoned properties faster by presumably (not clear) speeding up the foreclosure process for abandoned properties.
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Foreclosures Up, Auction Sales Down
December 22, 2009 · Leave a Comment
According to the Denver Post, foreclosure filings are up 11% over last year, but the number of properties that actually hit the auction block are down, mostly because of housing counselors and short sales.
>>> Read more
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Good press for CAREI
December 20, 2009 · Leave a Comment
Denver Post reports on CAREI and the new CAREI, College of American Real Estate Investors
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