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Sample homes in Denver:
This home is 728 feet and is around $200,000 price range

This home is 1709 sq. feet and is around $450,000 price range.

Denver Mortgage Lender talks to Buyers

Vickie Hall, Denver Home Finder Service, interviews Gail LaGreca, Senior Loan Officer at Nova Home Loans. Gail gives tips on what to do or not do between loan application and closing on a mortgage loan in the process of buying a Denver metro area home. Lines of Credit, buying new items, changing jobs and moving money are all topics that Gail covers. If you think this is the right time for you to buy, and/or invest in rental properties, search here. Or call or text me, Vickie Hall, at 303-944-1153.

Buy when Real Estate is on Sale….

Are you a bargain hunter? We buy new clothes when they are on sale. We buy new TV’s when they are on sale. We buy new cars when they are on sale. We normally buy everything we want and need when that item is on sale. Why? We all want a good deal. So, if you follow this pattern and want to buy real estate when it’s on sale, now is the perfect time. If you think this is the right time for you to buy, and/or invest in rental properties, search here. Or call or text me, Vickie Hall,… Read More »

Good News for Some Delinquent Homeowners…

Good News for some delinquent homeowners.. Fannie Mae says it will suspend evictions for single-family foreclosures and two- to four-unit properties during the holiday season, from Dec. 19 through Jan. 2, 2012. Just a little Christmas gift from Fannie Mae. Full Article Here If you need help on your real estate goals, give me a call for your free consultation, Vickie Hall, 303-944-1153

Good Economic News For Denver

Did you know that the Brookings Institution this year named Denver as one of the fastest recovering cities in the nation? The Mountain States Employers Council Survey found that 42% of Colorado companies plan to hire new workers in 2011. As of Oct. 1, 2011 our state’s unemployment rate is 8.1%, down from 9.1% in January of 2011. (The National unemployment rate is 9.0%) As the city recovers and unemployment decreases in the Denver metro area, traditionally you have increased demand. Increased demand traditionally leads to higher prices. If you think this is the right time for you to buy,… Read More »

So Little New Construction in Denver area

Another reason to consider buying now is because of the basic supply and demand law of economics. If demand is increasing for housing, and supply is remaining the same, the cost of renting or buying will rise. Only 2,418 new permits for condos, townhouses, and single family homes in the Denver metro area were pulled in the first 7 months of 2011, down 4.95% from 2010. Historically Denver needs to add about 4,500 new apartments a year to keep up with population growth. Jeff Hawks, a principal of Apartment Realty Advisors says “By 2015, we are going to need 30,000… Read More »

Demographics are in Denver’s Favor

Metro Denver Economic Development Corporation is predicting that our population will increase another 1.14 million people by 2035 – that’s a 41% increase. There are 51.5 million potential First Time Home Buyer’s born between 1979 and 1991, roughly 6 million MORE than we saw with Baby Boomers! Forbes Magazine named Denver the 7th best city for young professionals for those with a college degree ages 25-34. Combine those two facts, that there are so many First Time Home Buyers that will be ready to buy and that the Denver area is a very desirable city for young professionals, demand for… Read More »

Vacancy Rates are Dropping

Did you know that the Colorado Division of Housing reported that the 2nd quarter vacancy rate for metro Denver was only 2.6%. Denver’s vacancy rate has never been lower. In my opinion, one of the reasons for the rental market to have such low vacancy rates is the number of people that have lost their homes have become renters instead of owners. The basic economic law of supply and demand will continue to cause rental rates to rise as renters become more abundant and rental home supply stays the same. Rent.com is forecasting that nationally apartment rents will rise 4.5%… Read More »

People’s Attitudes & Beliefs About Housing

Prudential Real Estate surveyed Americans in January 2011 and found that 86% of Americans still believe that real estate is a good investment. Do you agree with them? A Trulia survey found that 78% of homeowners say their home is the best investment they ever made. 87% of homeowners and 64% of renters agree or strongly agree that owning a home provides a healthy & stable environment for raising a family. 77% of homeowners believe owning a home helps them meet their long-term financial goals. If you’re one of those 77% and do not currently own a home, and/or if… Read More »

The Reasons People Buy Homes Has Not Changed

According to the Fannie Mae Housing Survey, these are the top 4 reasons people buy a home: *A place to raise & educate their kids; *A place where their family will feel safe; *To have plenty of living space; *To have control over their living space. What are your reasons? If you’d like to start looking at real estate opportunities, search here.

Foreclosures are Plummeting

Did you know that Foreclosures in the Denver metro area are down? The Colorado Division of Housing reported that foreclosure filings plunged 28% from the first half of 2010 to the first half of 2011 – more than 6,000. Foreclosure sales dropped 13% in the first half of the year compared to a year ago. Some of this decrease can be attributed to the banks handling foreclosures more slowly, but there is also reason to believe that fewer people are falling behind in their mortgages. RealtyTrac reports that Colorado’s foreclosure rate in July dropped a large 34.6% from July 2010… Read More »