Lance

Denver Area Commercial Real Estate Investing on the Rise

The Denver Post reported on December 26th that investment in commercial real estate in metro Denver more than doubled in 2010 over last year.  In a report by Margaret Jackson, investors have spent $1.01 billion on 54 office, retail and industrial properties versus $448 million on 30 transactions in 2009. 

Denver has consistently been in the top 10 markets for preferred investment, according to one More...

Larry

Most Common Denver Relocation Question

It just happened to me again this morning. I was asked a bunch of the Top 10 Denver Relocation Questions out-of-town buyers want answered.

When folks first consider moving to Denver it can seem to be a daunting task. There’s so many questions. Imagine a job requires you to move to a new city. Imagine More...

Peter

Home Resales Increase in November

The Associated Press reported on December 23rd that more people bought previously owned homes in November, the third increase in four months after one of the worst summers in more than a decade.

Buyers bought homes at a seasonally adjusted annual rate of 4.68 million, according to the National Association of Realtors.  However, economists say it could take at least two years or longer to return to a more normal level for sales More...

gretchen

Colorado May Gain More Than 10,000 New Jobs in 2011

Steady economic growth next year may allow Colorado to gain 10,100 jobs in 2011, according to the annual Colorado Business Economic Outlook just released by the University of Colorado’s Leeds School of Business.  The forecast, recently reviewed in the Denver Post, also states that the job increase will not be enough to match projected population growth of 79,100. 

The report says that most sectors of the More...

Dee

Pending Home Sales Increase in October

A recent analysis of pending sales of homes rose 10.4 percent in October due to attractive housing affordability conditions, according to an article in the Denver Post.  However, activity needs further improvement to reach a healthy level, according to the National Association of Realtors (NAR).

The NAR’s pending home sales index rose to 89.3 in October from 80.9 in September.  The 10.4 percent gain is the largest on More...

Lance

Delinquent loans decline at Fannie Mae

A recent report from the New York Times cited a glimmer of light at Fannie Mae.  While more than four percent of loans held by Fannie Mae are still delinquent, the rate declined recently as banks and the government refined their foreclosure prevention programs. 

The rate of single-family mortgages that are more than three months past due…loans that Fannie calls “seriously delinquent”…has fallen every month More...