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If you are interested in one of the largest counties in Metro Denver this is a great resource to search trends, population and growth. Specifically, I pulled out the foreclosure report the following highlights: 2680 Number of foreclosure filings in Douglas County in 2009 1051 Number of foreclosure sales in Douglas County in 2009 22.9% [...]
Filed under: Uncategorized | Tagged: colorado, county, denver, douglas, foreclosure, metro, sales, stats, trends | Leave a Comment »
On Monday the government launched a new program to speed up the process of selling your home if you are in danger of foreclosure and you owe more than it is worth. It is called The Home Affordable Foreclosure Alternatives (HAFA) program and focuses on short sales of homes. In a short sale, the bank [...]
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I was just presented by a co-worker with a letter from a very large mortgage servicing company. It was sent to a homeowner in CA who was likely upside down on their mortgage and still current on their payments. The letter basically stated that the lender would accept about $25,000 to settle a $71,000 debt [...]
Filed under: Uncategorized | Tagged: mortgage, foreclosure, short, sale, reduced, payoff, second, lenders, negative, equity, settle | Leave a Comment »
Highlights: # of active property DOWN 18.06% from this time last year. Days on market DOWN, under contract UP. All good indicators % Change vs OCT 09 Prior Month Year Ago Single Family (Res + Cond) Active 18,945 -4.48 -18.06 Under Contract 4,910 -6.08 9.01 Sold 3,958 2.91 -7.57 Avg DOM [...]
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All Areas Side by Side Comparision Absorption rate (buyer/seller/even market) Highlands Ranch Castle Rock & Douglas County West Douglas County East, Elbert, Parker Aurora South – Most of Arapahoe County – West of E-470 Jefferson County South South Suburban Central (East Littleton, West Side of Centennial) South Suburban East (East Side of Centennial, Some of [...]
Filed under: Uncategorized | Tagged: 2009, absorption, buyer, colorado, days, denver, estate, market, october, rate, real, sales, seller, statistics | Leave a Comment »
% Change vs SEP 09 Prior Month Year Ago Single Family (Res + Cond) Active 19,834 -1.93 -17.09 Under Contract 5,228 -0.38 -0.78 Sold 3,846 -1.51 -9.82 Avg DOM 96 2.36 -0.27 Avg Sold Price $251,112 0.04 4.88 Residential Active 15,046 -1.67 -18.65 Under Contract 4,029 -1.88 -5.04 [...]
Filed under: Uncategorized | Tagged: 2009, Active, Condo, Days on market, denver, metrolist, Real Esate, sales, September, Single Family, sold, Under Contract | Leave a Comment »
I met with Dave Gardner of the ”Results” Team with Keller Williams Real Estate, LLC Dave Gardner is the Broker/Owner and has been a licensed Realtor in Colorado since May 1986. Dave has earned the national real estate designations of GRI (Graduate of Realtors Institute) and CRS (Certified Residential Specialist). Having sold over 1,500 properties in [...]
Filed under: Uncategorized | Tagged: castle rock, CRS, dave gardner, douglas county, GRI, Keller Williams, larkspur | Leave a Comment »
The fallout from the recession has cut deeply into the housing security, employment and income of many Americans. But some parts of the country are clearly faring better than others. Here, three interactive maps show foreclosure and jobless rates as well as household income by county. Interactive Map: The Economy Where You Live : NPR
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October 2, 2009 I had a great meeting with Nic Vasilauskas of Farmer Insurance Group. Nic has a sucessful practice in the Roxborough Market Center in South Littleton, CO. We enjoyed a drink and Pizza at the next door pizzaria, Perella’s East Coast Pizza on a beautiful fall day. It was easy to discuss with Nic [...]
Filed under: Uncategorized | Tagged: Farms Insurance, insurance, Nic Vasilauskas, roxborough | Leave a Comment »
Has a wonderful mastermind meeting with 3 experienced Realtors, (Ginger Bagley, Maggi Pritchard, and Marybeth Kramer). We discussed many ideas about how to combat buyer and seller frustrations in the market. Sellers are seeing more activity especially under 300K. Short sale transactions are frustrating, but profitable for patient buyers. Discussed the effects of the $8K [...]
Filed under: Uncategorized | Tagged: chad bergman, colorado, ginger bagley, inventory, littleton, maggi pritchard, market, marybeth kramer, masterminds, realtor, short sales, tax credit | Leave a Comment »
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