Here’s the Snapshot of April 2016 Statistics for Centennial Real Estate and #Denver Real Estate. Average purchase price is up 9% from this time last year. The other good news is that the amount of Active Listings is up 12% from this time last year. We desperately need that increase in Homes For Sale as… [Read More]
If your home is lingering on the market, this may be why
If your home is lingering on the market in this extreme sellers market, the major things to look at are pricing, staging, pictures and maintenance. Is your home priced right for the updating you have and the maintenance of your home? Has your home been staged for maximum attraction to the buyers? Are the pictures… [Read More]
Is Your Loan one that may face Foreclosure Review?
You have probably been hearing about some lenders not having all the necessary paperwork to justify them foreclosing on your mortgage loan. Well now federal regulators have mandated that banks review your paperwork if you request it. You must have been involved in the process during 2009 or 2010. More details below….. Daily Real Estate… [Read More]
Feds keeping mortgage interest rates low
Mortgage rates are at unbelievable low rates. The Feds are hoping to encourage the housing recovery by keeping interest rates low. “Rates on 30-year fixed-rate mortgages averaged 4.09 percent with an average 0.7 point for the week ending Sept. 22, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey.” If… [Read More]
Denver Area Housing Market has lack of compelling inventory
This Denverpost article (below) confirms what I have been observing: The number of homes/condos on the market has decreased drastically – I remember not too many years ago when the inventory was in the 30,000+ numbers. But last month (August, 2011) there were 18,164 homes and condos listed for sale in metro Denver area. Normally… [Read More]