ARCHIVED BLOG POSTS
2010
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Mortgage Rates Flat This Week - The 30-year fixed-rate mortgage averaged 4.98% with an average 0.6 point for the week ending January 28, 2010, according to Freddie Mac's Primary Mortgage Market Survey. Last week, it averaged 4.99%, and a year ago it averaged 5.10%. "Mortgage rates held steady t...
01/30/2010
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High-speed rail for Colo.? - Colorado has been awarded $1.4 million in stimulus money to study high-speed inter-city rail as it might relate to FasTracks, Obama administration officials announced yesterday. The money will be used to create a “sophisticated” plan for connecting rail transit syste...
01/30/2010
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Houses Shrink, But Some 'Must Haves' Remain - Houses are getting smaller, according to data released last week by the National Association of Home Builders. The association said that the average size of a new home in 2009 was 2,480 square feet, down from 2,520 square feet in 2008. Some features...
01/27/2010
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Home prices soar 14% - In Denver, the median price of a single-family home that closed in December jumped by 14.1 % from December 2008, according to data from the National Association of Realtors released today to InsideRealEstateNew.com. The median, or middle, price of a home jumped to $224.800...
01/27/2010
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Denver ranked No. 3 by Case-Shiller - The Denver-area housing market ranked No. 3 of the 20 cities tracked in the closely watched S&P/Case-Shiller Home Price Indices report released today. The Denver housing market showed a 0.5% gain in the year ending in November, bested only by Dallas and San ...
01/27/2010
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Ten Inexpensive Ways to Wow Buyers - Now is the time for home owners contemplating a spring sale to spruce up their properties in anticipation of what Mike Larson of Weiss Research calls a potentially vibrant home-selling season. Here are a few cheap ways to make a property more attractive to sh...
01/27/2010
Denver again led metro area in home resales in 2009, but sales declined - Denver County continued to have more sales than other metro-area counties of existing single-family homes in 2009. The county had 7,482 closed sales of such homes last year, down from 9,399 the prior year. The largest num...
01/27/2010
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Big Test Ahead for Mortgage Market The cessation of the government program to buy mortgage-backed securities, set to end in a couple of months, will show whether the White House and Federal Reserve have effectively stimulated the lending market to the point that it is now on solid footing. If the...
01/25/2010
IPhone app offers 4 million listings for house hunters Meet the latest entrant to smartphone house-hunting: Realtor.com. The official website of the National Association of Realtors just unveiled a free application for the iPhone. The online demo, shown to reporters during a teleconference, reve...
01/25/2010