Lonnie Glessner's (lonnieglessner) Blog

Every fall millions of American families struggle with how to pay for college for their kids. This fall annual tuition for incoming freshman at CU Boulder ranges from $7,932 to as high as $11,782 depending on which school/major they will be in. WOW! On top of that, CU estimates that room and boar...

Last Friday I blogged on the topic that the Denver real estate market may soon become a Seller's Market instead of a Buyer's Market. Why? Inventory is dropping especially on homes priced under $200,000 where inventory is under 3 months. A second great reason to buy a home in 2009 is the exception...

I read this week on-line that in June 47.5% of all home purchases in Denver were with a FHA loan. WOW! I was astounded by this number. Three years ago I bet only 4-5% of all purchases were consummated with a FHA loan here in Denver. I definitely helped increase that percentage then. You see when ...

The National Association of Realtors or NAR reported 2nd quarter statistics for over 100 metro areas today. Nationally, the median home price increased 4% in the 2nd quarter from the first quarter. The national median home price as of June 30th was $174,100, which is down 15.6% from June 2008.NAR...

I am currently reading Jonathan Manske's great book titled "The Law of Attraction Made Simple". Now some of you may be thinking "hogwash!" over this book title or the main idea behind it. When I first started learning about this Law 2 years ago I was very skeptical too; but, I have come around an...

Yesterday we learned that banks truly have the safety and peace of mind we crave when we have lots of equity in our homes or we make larger than necessary down payments. So, how can we turn the tables on the banks and regain safety and peace of mind for US? Here's the secret-Liquidity. Liquidity ...

I recently have had 2 clients trying to decide between putting the smallest down payment possible on a house or putting extra money down on that house for safety and peace of mind. Currently, the smallest down payment possible is 3.50% for a FHA loan unless you are a veteran and qualify for a Vet...