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Category Archives: real estate market
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
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