http://www.coloradolifestylerealestate.com/Blog Finding your 2nd Home in the Colorado Mountains Fri, 03 Sep 2010 20:38:20 +0000 http://backend.userland.com/rss092 en “Hi, I’m from the federal government and I’m here to help!” Federal Reserve officials attending a Fed conference reviewed the housing crisis and called for more programs to address broader issues. Don’t you just hate the word “issues?” Why don’t they call it what it really is – a problem. Eric ... http://www.coloradolifestylerealestate.com/Blog/?p=290 Home construction and property sales have led the U.S. out of seven recessions since 1960. Don’t plan on that happening this time. In fact, the recent home sale figures have many economists wondering if a double dip in housing may trigger a double dip recession. So even though ... http://www.coloradolifestylerealestate.com/Blog/?p=286 Seems that there is a new scam regarding housing. Here is how it goes: You have a good job. You bought a house for $500K three years ago with almost nothing or nothing down. You live in an area where housing prices have dropped 50% (there are many). So you buy ... http://www.coloradolifestylerealestate.com/Blog/?p=283 Testifying before a House panel last week, Jim Helsel, treasurer of the National Association of REALTORS® and commercial real estate specialist, told members that a strong commercial real estate sector is vital to millions of U.S. jobs and helps keep the national economy afloat. “Lack of available credit remains a ... http://www.coloradolifestylerealestate.com/Blog/?p=279 MIT-Harvard Study: Foreclosure drops house value by 27% Monday, July 26th, 2010, 2:58 pm A foreclosure reduces the value of a house by 27%, on average, and accounts for a much steeper price drop than other forced sales, according to a study by a Massachusetts Institute of Technology (MIT) ... http://www.coloradolifestylerealestate.com/Blog/?p=275 Home owners still love their houses despite declining home prices. And 90 percent of Americans don’t regret buying their current home, according to a survey for Bankrate.com. Among the 9 percent who do regret the purchase, most say they are unhappy that they can’t sell their home and move elsewhere ... http://www.coloradolifestylerealestate.com/Blog/?p=265 Denver-area home prices rose an average of 4.4 percent in April from April 2009, marking the sixth consecutive month of year-over-year gains, shows the closely watched S&P Case-Shiller Home Price Indices released this week. The 4.4 percent gain was the largest since the trend began in November 2009, when prices ... http://www.coloradolifestylerealestate.com/Blog/?p=257 Last Monday the Treasury and the Department of Housing and Urban Development released a new monthly “housing scorecard” in a feeble attempt to show that the administration is helping the housing market. I suppose that, technically (and politically) some of the statistics released could be interpreted as a sign of ... http://www.coloradolifestylerealestate.com/Blog/?p=254 There has been discussion over the past 2 years about buy-side Realtors really deserving half of the commission paid by the seller if buyers are doing most of their research online. It’s true that vetting properties to get at a manageable number of properties that meet the buyer’s criteria ... http://www.coloradolifestylerealestate.com/Blog/?p=250 An increasing number of home owners in foreclosure continue to live in their homes, mostly ignoring the foreclosure action and refusing to pay anything. The average borrower in foreclosure is unlikely to be evicted for 438 days, says LPS Applied Analytics. LPS says more than 650,000 households haven’t paid their ... http://www.coloradolifestylerealestate.com/Blog/?p=247