Tag Archives: Consumer Confidence

Foreclosures Fall Due to New Laws

Foreclosure activity fell 28 percent from a year ago nationally, according to a new report from RealtyTrac, but in California, they were down nearly 40 percent. More telling is foreclosure starts, the first notice of a foreclosure filling. In California … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Mortgage Mess Still Mires US Housing Recovery

Mortgage applications to purchase a home dropped more dramatically than did refinances, down 10 percent from the previous week. While one week does not a trend make, rising mortgage rates, coupled with severe inventory shortages, are not the mix needed … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Real Estate Market Turning Around In Many Denver Neighborhoods

DENVER (CBS4) – A few years ago Denver’s Green Valley Ranch neighborhood was listed as having one of the highest foreclosure rates in the country. Things have changed dramatically since then. The far Northeast Denver neighborhood has gone through some … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Pending Home Sales Surge to Five Year High

Buyers are coming back to the housing market in ever greater numbers, as an industry index measuring contracts to purchase existing homes surged 5.2 percent in October from September. The monthly gauge of pending home sales from the National Association … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Yes, Housing Starts Surge, but Rentals Are the Drivers

The headline number for housing starts was big, exceeding expectations and sending the home builder stocks on yet another tear. Starts hit 894,000 (annualized) in October, over 50,000 more than the analysts forecast. Housing starts are now at their highest … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Yes, Housing Starts Surge, But Rentals Are the Drivers

The headline number for housing starts was big, exceeding expectations and sending the home builder stocks on yet another tear. Starts hit 894,000 (annualized) in October, over 50,000 more than the analysts forecast. Housing starts are now at their highest … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

What Today’s Jobs Report Says About the Housing Market

Any jump in jobs is good for housing, and October’s gain of 171,000 is no different. One of the biggest barriers to entry for potential home buyers, new and move-up, has been uncertainty in employment. So this positive report can … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

In a Twist, Both Home Prices and Rents Rise

Home prices across the nation continued their upswing in June, according to a new report from CoreLogic. Including sales of foreclosures and short sales (selling for less than the value of the mortgage), prices rose 2.5 percent from a year … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Buy, Sell or Rent: Americans Rewrite the Dream

American homes have never been more affordable than they are today. Prices are down dramatically, mortgage rates are at record lows and desperate sellers are willing to make concessions. Still about one third of Americans choose to rent, despite the … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Housing Recovery Gains Momentum, June Sales and Prices Rise Higher

DENVER, July 17, 2012 /PRNewswire/ — The June RE/MAX National Housing Report shows that the housing recovery is real. On a year-to-year basis, home sales have now risen for twelve straight months and prices have inched higher for the past five … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off