ARCHIVED BLOG POSTS
2008
3
Comments
Auctions are becoming more and more popular. On Monday, December 15th, AJ Karas Auctioneers held an auction at one home that was up for auction. Many sellers are seeking this form of sale versus the traditional for sale process.One home that had been appraised for $1.2 million was sold for $680,0...
12/17/2008
3
Comments
In the Denver market, approximately 3400 homes have been "fixed and flipped" within a twelve month period. In this same period 150,000 home sales were posted - with over 2% being "flipped". This includes all six Denver metro counties. The margin of profit has increased from $38,792 during the fir...
12/15/2008
3
Comments
Our sales for September and October exceeded sales from the previous year, however, our values for November sales declined 15% over one year ago. The $1 million dollar homes are decreasing, due to an abundance of inventory in this price range. November's sales did not exceed last year's sales, s...
12/12/2008
3
Comments
Wow --- are you ready for mortgage interest rates UNDER 5%? If the government has anything to do with it, we shall see 4.25% mortgage interest rates in the very near future. This will help those cities across America be able to refinance and stay in their homes, or get caught up if there was an...
12/12/2008
3
Comments
Home Prices in Denver Our sales for September and October exceeded sales from the previous year, however, our values for November sales declined 15% over one year ago. The $1 million dollar homes are decreasing, due to an abundance of inventory in this price range. November's sales did not exce...
12/11/2008
3
Comments
It was announced today --- mortgage applications have increased in the last week, more than in the last three years. This shows buyers are starting the purchase process, and our real estate market will improve. These buyers are seeing the benefits of decreasing increase rates, fair home prices in...
12/04/2008
3
Comments
Over the last few months, we have heard over and over how the banks have been at fault for loaning money where risk level was high. All along, I have said - those buyers signed for those loans. There is always TWO ways you get approved -- one, the bank says how much you can qualify for. Two, is w...
12/01/2008
Rainmaker
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5,879,696
Joan Cox
Denver Real Estate - Selling One Home at a Time
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