by Larry Hotz, All Denver Real Estate Sales of single-family homes in the Denver metropolitan area improved by7% in April according to statistics just-released by Metrolist, the Denver MLS reporting agency. These are homes that actually went “under-contract” for purchase during the month Of course, we’ve been saying all along that Spring is the top […]
When To Buy Real Estate
by Dennis Martin, Selling Denver Real Estate Over 30 Years When to call, hold or push it all in I get asked every week by someone “is this a good time to buy” and my answer is yes, yes and yes. The Colorado market is not in the kind of trouble faced by many other […]
New Jobs Will Bolster The Denver Economy
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 […]
Moving Down
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 […]
Rates Fall To 2 Year Low
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% […]
Downtown Market Not "Down"
by John Ludwig, Downtown Denver Expert According to Mike Cote editor of ColoradoBiz Magazine, downtown Denver continues to command top prices for luxury condos and office space. “Despite the subprime mortgage fallout battering residential real estate, downtown Denver has remained resilient, especially with commercial properties, a group of real estate experts said at a forum […]
2008 Denver Recession?
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 […]
Buyers' Tough Lessons
By Larry Hotz, Denver real estate expert November was tough month for four of my buyers this year. Chris and Maria are two of the nicest and friendliest Home Buyers I have met from this website. They were just married this spring and looking forward to purchasing the perfect home to raise a new family. […]
Denver August Real Estate Market
The Denver real estate market continues with mixed results depending on area and price range. August “under-contract” residential and condo sales declined from the previous August by 6.5% according to statistics released by Metrolist, the local MLS reporting agency. However, resale homes available to sale on the market also declined in the same period by […]
Mortgage Market Update
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.