The 15 real estate markets across the U.S. with the most “flash sales” recorded in the last five months, as compiled by Redfin. Flash sales are defined as homes going under contract within 24 hours Read more: Denver’s hot real estate market now seeing quick, 24-hour sales
Continue Reading →The construction of mutli-family housing has been on the rise, however, the shortage in rental market is persisting. The Denver posted reported yesterday the vacancies in Metro Denver has dropped to 4.3% in the 3rd quarter in 2012, the lowest since 2000. The average rent is up 5.2% in one year. The full article is at Denver metro apartment vacancies…
Continue Reading →Yahoo Finance published an article on “Mortgages with No or Little Down-payments”. Homebuyers with little money for a down payment are finding more home loans available for a low down payment or even no down payment. 4 mortgages are listed: No down VA No down Navy Federal No down Department of Agriculture Low down: FHA Read the full article here.
Continue Reading →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 →http://www.divisionofhousing.com/2011/05/single-family-rental-vacancies-at-all.html
Continue Reading →http://www.divisionofhousing.com/2011/05/both-filings-and-sales-fall-in-march.html
Continue Reading →The senate, this week, passed H.R. 4 repealing the extended 1099 reporting law that had passed in 2010. The 2010 law was requiring, among other requirements, that the landlords to file 1099 for anyone who had provided services of $600 or more. http://speakingofrealestate.blogs.realtor.org/category/property-management/ NAR Briefing on the Extended 1099 Reporting
Continue Reading →The Denver-area housing market ranked No. 6 in January out of the 20 metropolitan statistical areas tracked by the closely watched S&P/Case-Shiller Home Price Indices. The data lags 2 months. Please refer to S&P Case-Shiller March Report.
Continue Reading →Taking part in discussions and correspondences with other property managers nationwide, the shortage of rental housing is not limited the metro Denver area. Other managers are seeing record low vacancies low vacancies in their respected areas. The metro Denver single-family vacancies are at all time low of 2.% The shortage seems to be evident in the supply of apartments. The…
Continue Reading →The Denver post reporting today that the commercial investment in Denver area has doubled this year over 2009. Full article is available at http://www.denverpost.com/business/ci_16938797
Continue Reading →The Denver post reporting: Areas that avoided foreclosure mess earlier may be taking hit now – Homes in metro Denver neighborhoods that previously appeared insulated from the housing crisis are seeing a decline in prices as foreclosures and short sales tick up. Meanwhile, those communities that were hit hardest are showing signs of improvement. Read full article: http://www.denverpost.com/business/ci_16353602
Continue Reading →“We look at the very low vacancies among rental houses, condos and townhouses. We also note that average rents have not kept up with inflation” says Colorado Division of Housing. See Video.
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