According to RealtyTrac’s latest market report, the number of foreclosure filings in November was down 8.71 percent from October, and down 20.1 percent from a year ago. There were 544 foreclosures in November and only 284 bank repossessions (1 out of every 2,652 houses in the state). Foreclosure starts in November were also down […]
2016: Foreclosures Continue to Drop
Filed Under: Blog, Buying A Home, Buying in a Recession, Colorado Living, Foreclosure, Luxury Homes, Luxury Mountain Homes, Selling a Home Tagged With: Alaris Properties, Buy home, Colorado Real Estate, Foreclosures, Freddie Mac, green real estate, green Realtor, home buyer, mortgage broker, real estate, short sale
Recession Recovered City
Denver is at the top of many rankings for its business and economic climate, so it’s not too surprising to find it near the top of yet another. According to a new WalletHub report that compares 150 of the largest U.S. cities across 17 metrics in two categories, employment and earning opportunities and economic environment, Denver […]
Filed Under: Blog, Buying A Home, Buying in a Recession, Colorado Living, The Economy Tagged With: Colorado Economy, Denver, real estate
New Home Supplies Fall To An 18-Month Low
If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.
Filed Under: Blog, Buying A Home, Buying in a Recession, Housing Analysis, Residential Real Estate, Statistics Tagged With: Margin of Error, New Home Sales, New Home Supply
Case-Shiller Index: 17 Of 20 U.S. Housing Markets Slipped In September
Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide.
Filed Under: Blog, Buying A Home, Buying in a Recession, Housing Analysis, Residential Real Estate, The Economy Tagged With: Case-Shiller Index, Home Values, Standard & Poors
Homebuilders Getting Optimistic; Higher Home Prices Ahead?
Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21
Filed Under: Blog, Buying A Home, Buying in a Recession, Housing Analysis, Real Estate Definitions, Residential Real Estate, Statistics Tagged With: Buy home, Colorado Real Estate, HMI, home buyer, Housing Market Index, NAHB, real estate pricing
Pending Home Sales Index Slips For 4th Straight Month
Nationwide, fewer homes are going under contract to sell.
Filed Under: Blog, Buying A Home, Buying in a Recession, Housing Analysis, Real Estate Definitions, Residential Real Estate, The Economy Tagged With: Existing Home Sales, home buyer, NAR, Pending Home Sales
CHFA – The Second of the Five Most Important Loan Programs
This Month I will highlight the second of the five most important loan programs about which consumers need to know. The Colorado Housing and Finance Authority or CHFA was created in 1973 by the Colorado Legislature to address the shortage of affordable housing in the state. Since then, CHFA has established itself as the front-runner […]
Filed Under: Blog, Buying A Home, Buying in a Recession, Mortgages, Residential Real Estate Tagged With: 30 year fixed loan, Buy home, buyer, Christian Durland, credit score, Down Payment, Getting a Mortgage don'ts, home buyer, mortgage broker, mortgages
Foreclosure versus Short Sale
In these difficult economic times, I am commonly asked whether it would be better to have a short sale or a foreclosure on ones credit report. The answer is complicated and has lot of moving parts. A short sale shows up on your credit report as a “derogatory report”; however, it will usually show up […]
Filed Under: Blog, Buying A Home, Buying in a Recession, Credit, Foreclosure, Mortgages, Residential Real Estate, Short Sale Tagged With: A+ Credit Consulting, Buy home, buyer, Colorado Real Estate, credit counseling, credit score, Down Payment, foreclosure, Getting a Mortgage don'ts, green real estate, home buyer, mortgage broker, mortgages, Sarah Kahley-Rufo, short sale
Steps To Get and Keep a Good Credit Score
Pay your bills on time- Pay your bills on time, every time! One way to make sure your payments are on time is to set up automatic payments on the creditor’s website or from your banking institution. Make sure that you have enough funds to clear the account, otherwise the account will show late. Also, […]
Filed Under: Blog, Buying A Home, Buying in a Recession, Credit, Mortgages Tagged With: A+ Credit Consulting, Buy home, credit, credit score, mortgages, Sarah Kahley-Rufo
Credit Scores and Reports — Knowledge is Key!
Your credit report shows information about how you have used credit, such as how much credit you have, how much of your available credit you are using, whether you have made your payments on time, and whether anyone has sent a loan you owe to a debt collector.A credit score is a number that is […]
Filed Under: Blog, Buying A Home, Buying in a Recession, Credit, Mortgages, Selling a Home Tagged With: credit, credit score, knowledge is key, Sarah Kahley-Rufo, specialized knowledge, we care