The Implications of Fannie Mae’s Investment in Invitation Homes

Earlier in 2017, Invitation Homes, one of the nation’s largest Real Estate Investment Trusts (REIT) went public. In addition to gaining billions in the capital market, they received a $1 billion interest-only loan from Fannie Mae. This loan was met with a lot of questions and outrage. People are concerned about Fannie Mae’s involvement in backing a company that buys…

Continue Reading →

Reasons to Turn Away a Potential Tenant

When you have a vacancy all you want is to fill it, and filled quickly but that doesn’t mean you should let just anyone in. Of course, you always need to comply with Equal Housing guidelines but there are plenty of reasons to say no to a tenant. It’s not worth having the risk of dealing with an eviction to…

Continue Reading →

Is a Condo a Good Investment?

Many people consider buying a condo to be a good investment, one you could live in for a while and rent out later or buy outright as a rental property. Are these purchases really all they’re cracked up to be? Let’s take a look at the numbers for the Northern Denver area: 2015 Average Sale Price For Condo October 2015:…

Continue Reading →

2012 Wrap Up

Well,how did we do in 2012? I have wrapped up the highlights of 2012 in this short report full graphs and numbers. It includes information on the legislation front; rental market in Metro Denver, various vacancy rates by markets & dwellings, rent survey; Unemployment figures; Hiring; Home sales &Prices; new homes; and supply of homes on the market. Enjoy. 2012WrapUp

Continue Reading →

3rd Quarter 2012 Foreclosure Report

The Colorado Division of Housing has published it’s 3rd Quarter 2012 Foreclosure Report. After the peak of 2009, the foreclosures have been on a decline. The numbers for the 3rd quarter 2012 is down 23.6% over the same period in 2011. Please refer to the report for details and a quarterly graph of. A lot of factors are lining up…

Continue Reading →

Higher Sales at Foreclosure Sales Auctions?

An article from the Certified Distressed Property Expert (CDPE) website stating the additional evidence supporting the shortage in the housing market. It is more difficult nowadays  for investors to pickup bargains. In the past the investors have been able to wait out the “preference” period given to home-occupant buyers. The HUD and many banks have a period of time giving…

Continue Reading →

Apartment Vacancies at 12-Year Lows

The Denver Business Journal reporting apartment vacancies at a 12-year low confirming the trend with single family home low vacancies and higher rents. Denver-area apartment vacancies hit 12-year low for Q4 .

Continue Reading →

Westminster Marched on Adding to 105 Acre Redevelopment Site

The Westminster Economic Development Authority (WEDA) is purchasing Sears in the former Westminster Mall  Per the Metro Denver Economic Development Corporation. The acquisition would add 7.8 acres to the currently purchased urban redevelopment site. WEDA purchased the most of the 105-acre site last summer. The vision for the new urban center is a mix of retail, office and residential. The…

Continue Reading →

Government Set to Sell foreclosures in Bulk

“The Obama administration, in conjunction with federal regulators and led by the overseer of Fannie Mae and Freddie Mac, is very close to announcing a pilot program to sell government-owned foreclosures in bulk to investors as rentals, according to administration officials.” See report Government Set to Sell foreclosures in Bulk

Continue Reading →