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Tag Archives: Debt Crisis
Mortgage rates down from last week
Mortgage rates eased this week, as expectations of rapid economic growth were tempered by continued worries about the European debt crisis and the potential impact of government spending cuts. Rates on 30-year fixed-rate mortgages averaged 3.54 percent for the week … Continue reading
Posted in Real Estate News
Tagged 30 Year Fixed Rate Mortgages, Arm Loans, Copyright Law, Debt Crisis, Fixed Rate Loans, Fixed Rate Mortgages, Freddie Mac, Government Spending, Loan Demand, March 21, Mortgage Bankers Association, Mortgage Loans, Mortgage Market Survey, Mortgage Rates, Mortgages Rates, Purchase Loan, Purchase Loans, Rapid Economic Growth, Rate Mortgage, Year Fixed Rate Mortgages
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Investors Swarm Housing, Raising Concerns
The number of homes sold to investors more than doubled last year, as rising rents and low-priced distressed properties fueled demand. Investors, half of them using no mortgage, bought 1.23 million homes in 2011, a 65 percent jump from 2010, … Continue reading
Posted in Denver Real Estate News
Tagged Association Of Realtors, Chief Economist, Cohort, Debt Crisis, Distressed Properties, Distressed Sales, Foreclosure, Heavy Flow, Home Buyers Survey, Housing Market, Inducement, Investment Buyers, Mark Hanson, Median Age, Nar, National Association Of Realtors, Rents, Vacation Home, Volatile Stock Market, Volatility
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Where To Find Housing Demand
Given record low interest rates and still-falling home prices, you would think housing demand would be surging, but these are strange, strange times. Difficult credit conditions, combined with a steep drop in consumer confidence have cancelled out housing’s positives. Most … Continue reading
Posted in Denver Real Estate News
Tagged Census Data, Chief Economist, Consumer Confidence, Consumer Expectations, Debt Crisis, Doug Duncan, Fannie Mae, Generational Shift, Home Ownership Rate, Last Decade, Low Interest Rates, Low Mortgage, Minimal Effect, Mortgage Rates, Negative Headlines, Percentage Point, Revenue Stream, Steep Drop, Strange Times, Taking A Turn
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Seen and Heard On Nantucket: A Lack of Confidence
Please forgive my absence last week, but I was on vacation with the family. We visited the island of Nantucket, where intrepid whalers once hunted surrounding waters in search of the mighty beasts’ precious oil, and where I spent a … Continue reading
Posted in Denver Real Estate News
Tagged 600 Thread Count Sheets, Beasts, Business Owner, Chanel, Clutches, Cobb Salad, Debt Crisis, Fixed Rate Mortgage, Friend Business, Hedge Fund, Interesting Story, Lack Of Confidence, Mansions, Nantucket, Oversupply, Precious Oil, Real Estate Agents, Thread Count Sheets, Wallets, Year Fixed Rate Mortgage
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