Monday, September 28, 2009

Don't pay for Foreclosure searches!!!

I came across this article and was shocked to see some companies still charging for Foreclosure searches. We offer this service for FREE!!
http://online.wsj.com/article/SB125399707660143695.html?mod=djemRealEstate

Thursday, September 10, 2009

treasury: Millions more foreclosures coming

Treasury: Millions more foreclosures coming http://www.msnbc.msn.com/id/32756481/ns/business-real_estate

Denver home prices appear stable

Denver home prices appear stable - As the end of prime selling season approaches, August sales were down in the Denver area year over year, but selling prices were relatively stable. Last month’s home sales dropped 14% to 3,905 from a year ago, and sales were down 12% from July of this year, according to a report released yesterday by Metrolist. However, the average selling price for both single-family homes and condos decreased only 3.87% year over year to $251,008, and was roughly flat from July with only a 0.68% drop. The median selling price for single-family homes was basically flat year over year at $227,000, down 0.89% from August 2008 and down 1.26% from July of this year. Both houses and condos sold faster in August, with fewer days on the market for sale year over year and from July of this year.http://www.bizjournals.com/denver/stories/2009/09/07/daily32.html

Monday, September 7, 2009

Pending home sales on a record roll

Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®.

http://www.realtor.org/press_room/news_releases/2009/09/record_roll

Tuesday, September 1, 2009

Denver luxury home sales dipped, but selling faster

Denver luxury home sales dipped in July, but those that did sell moved faster - In July, luxury home sales and selling prices in metro Denver dipped, but the homes that did sell sold at a faster pace than a year ago. A total of 52 homes selling for $1 million-plus sold last month, down from 65 in June and from 91 in July of 2008. The median selling price for high-end homes decreased to $1.22 million in July, from $1.38 million in June and from $1.31 million in July 2008. But luxury properties sat on the market only 83 days before selling in July, compared to 103 days in June and 107 days in July 2008, according to Coldwell Banker's luxury housing report. Homes sold for 87% of asking price on average, down from 91% in July 2008.http://www.bizjournals.com/denver/stories/2009/08/31/daily17.html