Tag Archives: Home Values

Denver Loan Officer Claims Now is Best Time To Buy A Home

Now Is A Good Time To Buy A Home in CO Denver loan officer Patrick Drawe of W.J. Bradley Mortgage says current low interest rates and increasing home values make it a good environment to invest in real estate in … Continue reading

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

Reverse Mortgages Backfiring on Seniors

Experts argue reverse mortgages often are being used today for all the wrong reasons. Seniors now have less home equity, less savings, and more debt. “This was originally contemplated as something you could draw money from over a long period … Continue reading

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

Reverse Mortgages Are Backfiring on Some Seniors

Experts argue reverse mortgages often are being used today for all the wrong reasons. Seniors now have less home equity, less savings, and more debt. “This was originally contemplated as something you could draw money from over a long period … Continue reading

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

Nearly half of all US homeowners with a mortgage still ‘underwater’ in Q1

Underwater image via Shutterstock Despite rising home prices early in the year, a significant portion of U.S. homeowners with a mortgage — about 44 percent — still owed more on their home than it was worth or didn’t have enough equity … Continue reading

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

Denver still a profitable market for property flippers

Denver ranked among the 25 most profitable markets last year for people flipping single-family homes, according to a report Thursday from Realty Trac. Denver investors flipped 3,842 single-family homes last year, a 7 percent increase from 2011. The average price … Continue reading

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

Canadian home sales edge up in March

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

Why Housing Affordability Is at Risk

The average rate on the 30-year fixed mortgage dropped to 3.68 percent last week, according to the Mortgage Bankers Association. From 1985 through 1999, rates ranged from 6 to 13 percent. Present low rates have allowed buyers to purchase more … Continue reading

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

Denver home prices just 4.5 percent below ’06 peak

Denver’s home values are only 4.5 percent below their peak levels in 2006, according to the SP/Case-Shiller Home Price Indices and accompanying analyses released this week. Low interest rates and limited inventory helped lift Denver home values 9.2 percent in … Continue reading

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

Housing Recovery Leaves Some Behind

To add to the delays, now some non-judicial states are seeing a big jump in backlogs due to new state laws that while attempting to safeguard borrowers, are delaying the foreclosure process in general. Nevada instituted a new law criminalizing … Continue reading

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

Denver metro homes values up 12.1% in 2012; slowdown expected

The median home value in the Denver area rose 12.1 percent in 2012 compared with a national home value rise of 5.9 percent in during the same period, according to a report released Tuesday by Zillow, a real estate information firm. … Continue reading

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