Tag Archives: Downward Spiral

Condos’ lapsed FHA approval may slam door on future sales

A majority of condominium developments in metro Denver have lost their eligibility for Federal Housing Administration financing, which could make it much harder to sell units in those projects. “We will see a lot of people who will discover that … Continue reading

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Metro Denver home prices rewind to 2001 levels

U.S. home prices continued to march lower in March and have entered “double dip” territory, according to the Standard Poor’s/Case-Shiller Home Price Indices. “Home prices continue on their downward spiral, with no relief in sight,” said David Blitzer, chairman of … Continue reading

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