by Larry Hotz, All Denver Real Estate The Denver economy has been sustained by steady job growth and the resulting relocation of employees to fill a portion of those jobs. Now, more jobs are moving here. Three major employers have recently announced expanding their businesses to the Denver metro area. The net effect will be […]
By Dennis Martin, Littleton Colorado Realtor Over the past few years I have had several customers ask me the question “When is the best time to move down?” Having been in the real estate business for over 34 years, and living in my previous home for over 25 years, my wife and I made the […]
by Larry Hotz, All Denver Real Estate Dr. Lawrence Yun, Chief economist for the National Association of Realtors, says Denver real estate market is better than most of the rest of the country. In fact, he sees the only cloud on the horizon to be “irrational pessimism” of buyers.
by Dennis Martin, Littleton, Colorado real estate expert Currently, mortgage interest rates have fallen to as low as 5.5% with only a 1% origination and no discount points. Or, rates as low as 5.85% with no origination on a 30 year fixed-rate loan. Want a 15 year loan? There is better news. It’s only 4.9% […]
by Larry Hotz, Denver Real Estate Broker With the rest of the country expecting an economic dip in 2008, the question for Denver is whether we will suffer a recession. “Absolutely not…” is the conclusion of Richard Wobbekind, Economist with the Leeds Business School at the University of Colorado. Last week, he presented The 2008 […]
by Larry Hotz, Luxury Home Specialist Well, it’s time to celebrate! Let’s break out the beer and have a toast to the fact that Colorado has finally regained its position as it the leading manufacturer of beer in the country. We are best known for Coors beer but now it is only a part of […]
What is happening in the Mortgage Market? by Dennis Martin, Littleton Real Estate Expert. The overall Denver Colorado mortgage market is currently tightening credit standards, lenders are adjusting their guidelines and qualification standards to protect themselves. Many loan programs and qualifications levels that were available a short time ago and no longer available today.