Tag Archives: Uncertainty

New Home Sales Disappoint

“It is making me nervous for sure to have such uncertainty over such a traditional expectation, the mortgage deduction,” says Stephen Paul, of Mid-Atlantic Builders, a Maryland-based company. Paul says he hasn’t seen any cancellations over it yet, but it … Continue reading

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Home Builders Need Mortgage Bankers to Keep Recovery Alive

A jump in signed contracts to buy newly built homes in September brought volumes to the highest level since April of 2010, when the home buyer tax credit temporarily infused the housing market. The median price of a newly built … Continue reading

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Election, timing combine to slow real estate activity

Dennis Huspeni Reporter- Denver Business Journal Email  | Facebook  | Twitter  | Real Deals blog Commercial real estate leasing activity has slowed down in the Denver area from the first half of the year, many brokers agree. But they disagree on whether the … Continue reading

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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

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Oil and gas leasing in the West to be streamlined by Obama administation

Denver Post Interior Secretary Ken Salazar The federal Bureau of Land Management is moving to an online drilling permit system that could cut permitting time – a sore point for western operators – by two-thirds to as little as 60 … Continue reading

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Realtors Report Even Higher Cancellations; And It’s Not Why You Think

For the past several months, Realtors across the nation have been reporting an ever-increasing number of cancelled existing home sale contracts. The latest Realtors Confidence Index now puts the cancellation rate at 20 percent, way up from the historical norm … Continue reading

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Lowe Acquires 231000-SF Denver Club Office Building

Zell, Zuckerman Agree on Obama Blame CHICAGO-The two real estate icons blasted the current administration for the country’s current uncertainty at DLA Piper’s Global Summit today, and said regulations and taxes have to change. REIT Returns Plunge in Q3 CMBS … Continue reading

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RE/MAX: Annual home sales up 18%

Home sales are experiencing the equivalent of an Indian summer. August home sales are up year-on-year, as nationwide house prices continue to fall, according to Denver-based real estate agent network RE/MAX. August home sales reached a level 18% higher than … Continue reading

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Florida launches real estate bus service

With uncertainty gripping the Florida property market, realtors increasingly have to search for creative ways to shift their houses. And their latest venture is a bus which takes house-hunters on a tour of the bargains in their area. The Foreclosure … Continue reading

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Struggling to Make a House Call on Confidence

Today’s report on consumer confidence, or the striking lack of it, is yet another sign that housing is going to be in a very sticky state for a while. It’s hard to say whether housing is weighing on confidence or … Continue reading

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