Sales of investment and vacation homes rose in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors (NAR).
NAR’s 2012 Investment and Vacation Home Buyers Survey, which covers existing and new-home transactions in 2011, shows investment home sales surged an extraordinary 64.5 percent to 1.23 million last year from 749,000 in 2010. Vacation home sales rose 7.0 percent to 502,000 in 2011 from 469,000 in 2010. More...
We always see people talking on their cell phones and texting while driving, and it’s the majority of people on the road. In restaurants, we see people answering their phones or sending messages during business lunches or during dinner with family and friends. Some people never turn off their phone, while others get up in the middle of the night to check messages.
Are people addicted to their cell phones, and are you among them? Do you control your phone or does your phone More...
The New Year is often accompanied by important resolutions made by many Americans, and what better way to start new resolutions than with the purchase of a brand new home.
Lennar Homes at Blackstone County Club, Southeast Aurora’s premier country club community, offers homes for growing families and empty nesters alike. What’s more, purchasing a new Lennar home means buying an “Everything’s Included” residence filled with luxury features and upgrades included in the More...
Moe Veissi, president-elect of the National Association of Realtors (NAR),
recently outlined the association’s recommendations for housing finance reform before the House Financial Services Subcommittee on International Monetary Policy and Trade.
According to a story posted on www.realtor.org, owning a home has had long-standing government support in the U.S. because home ownership benefits individuals and families, strengthens communities, and is integral to the nation’s More...
Pending home sales slipped in August with a mixed regional performance, but are higher than a year ago, according to the National Association of Realtors (NAR). The Pending Homes Sales Index, a forward-looking indicator based on contract signings, declined 1.2 percent to 88.6 in August from 89.7 in July, but is 7.7 percent above August 2010 when it stood at 82.3. The data reflects contracts but not closings.
Lawrence Yun, NAR’s chief economist, said the decline reflects an More...
New to the marketplace is a custom home by Muscle Builders, constructed in 2008. The six bedroom, five bath home has 5623 finished square feet, putting it at a price per square foot of $231.19! The 6300 square foot lot boasts professional landscape, two outdoor patios, a side yard and a true 3 car garage! The HVAC system is hot water heat and the home is air conditioned. The construction is stucco with stone with interior finishes of hardwoods, granites, marbles and slate. A floating More...
SEATTLE – (July 28, 2011) – Luxury Real Estate is pleased to announce the inclusion of Dee Chirafisi of Kentwood City Properties in its prestigious network of fine high-end estate brokers and firms. Dee Chirafisi was selected to represent Downtown and Central Denver neighborhoods at the invitation of Chairman/Publisher John Brian Losh. Mr. Losh extends membership invitations to brokers and firms throughout the world who consistently demonstrate expertise in the marketing of luxury More...
Kentwood Real Estate has scheduled its annual company-wide picnic for Tuesday, August 2, 2011 from 4:30 to 7:30 p.m. at City Park Pavilions. More than 250 guests are expected at the summer picnic featuring lawn games, Frisbees, croquet, lawn darts, and much more.
Attendees, including broker associates, family members and guests, will enjoy live music provided by country music entertainer Dillon Dixon, plus burgers, brats, salmon More...
The age of the NINJA loan (and by that I mean the no income, no job and no asset loan) is dead. For the last few years, anyone with a pulse could get a loan, which is one of the big reasons why we are now seeing so many foreclosures across the nation. To try and correct this, banks are requiring borrowers to have a downpayment, a good credit score and proof of income. Seems like a reasonable request! The truth is, it’s a great time to buy in Denver if you meet the three requirements More...
