Category Archives: denver real estate

You KNOW that good credit pays off. It can make the difference between getting approved for a home loan or not.  It can also make the difference between being approved for a higher purchase price or a lower one, since the interest rate will vary depending on your credit.  But what happens if your credit isn’t what you’d like it to be?  Well, actually there are a number of things you can do to make your credit look a little more appealing to a prospective loan officer: Pay off old balances – especially past dues and chargeoffs that have happened… Read More »

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Every Realtor’s Favorite Question: Hows the Market?

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Good, Bad or Ugly – Or all Three?

The common wisdom is that the current real estate market is “bad”. But bad for who? The fact is that the market is actually GREAT for quite a few people! Here’s the “bad” part: According to a report in the Denver Business Journal http://denver.bizjournals.com/denver/stories/2009/11/23/daily25.html?surround=lfn , about 19% of Colorado homeowners actually owe more than their homes are worth in the current market. Its even worse in the Denver metro area , where the percentage jumps to 22% – almost one quarter! How can this happen?! Two ways. The worst because we as individuals, can’t really control it, is the decline… Read More »

Posted in aurora home values, aurora real estate, denver home values, denver real estate, homebuyer tax credit, real estate market | Leave a comment