Tax credit extension welcome, but don't forget counseling
Shannon Peer, like Realtors in Denver and across the nation, applauds President Obama today signing an extension of the $8,000 tax credit for first-time home buyers and expanding it to include a $6,500...
View ArticleColorado ranks No. 19 for loan modifications
There were 10,574 homeowners in Colorado participating in the government-sponsored loan modification program through November, ranking it No. 19. Earlier, InsideRealEstateNews.com was one of the few...
View ArticleSpring home sales likely to surge
Share/BookmarkThe Denver-area home market in January, while it did not book shoot-the-lights-out activity, appears to have set the stage for a much stronger spring season, as consumers are expected to...
View ArticleObama Administration wants direction on housing
The Obama Administration today released questions for public comment on the future of the housing finance system. It is seeking input from a wide cross section of people on topics that include g Fannie...
View ArticleFannie Mae gets tough with ‘strategic defaults’
Share/BookmarkTake a poll on strategic defaults at the bottom of this blog. If you can afford to pay your mortgage, but you are contemplating a “strategic default” because your loan is worth more than...
View ArticleRefinancing could save Denver-area homeowners $600 million annually
Are you thinking of refinancing? Take a poll at the end of this blog. Denver-area homeowners could potentially save almost $600 million a year by refinancing their mortgages into the record-low rates...
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Cisneros: 2nd home deduction out the door?
Former HUD Secretary Henry Cisneros spoke on a wide-variety of housing and real estate topics in Denver today. Is it time to write off the second-home write off? Cast your vote at the end of this blog....
View ArticleShort Sales Soar
Short sales are soaring in the Denver area. All short sales in the metro area rose by 48 percent in the first seven months of 2010, compared with the same period in 2009, according to an analysis of...
View ArticleIRES – Help Desk for Short Sales
IRES, the multiple listing service based in Loveland that serves northern Colorado communities, wants to make it easier to complete a short sale. So IRES, whose full name is the Information and Real...
View ArticleUnderwriting moving to middle
Share/BookmarkMany borrowers can’t take advantage of today’s historically low mortgage rates because of strict underwriting requirements. But as the housing market increasingly appears to be mending,...
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