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Forbes Magazine, which only 10 months ago dubbed Denver as America's best city to buy a home -- now declares the Mile High City the second-worst housing market in America. "Denver doesn't come to mind as a housing-crisis hot spot, but the city that once looked like it would escape the housing bus...
04/12/2010
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Recently, my mother who has lived in her home for 35 years decided it was finally time to sell. She lives in a smaller town in Colorado, the kind where pretty much everyone knows everyone. So because I have worked in this town previously, I told her I would help her find an agent. I began my hunt...
04/05/2010
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Borrowers who caught up on overdue mortgages outnumbered people who became newly delinquent on insured home loans for the first time in almost four years. PMI Group Inc. led mortgage insurers higher in New York trading. In February, 68,675 homeowners with privately insured mortgages fell into def...
04/01/2010
Denver officials looking to slow foreclosures in hard-hit neighborhoods might take a cue from other cities and states: Tell banks to do more to help residents keep their homes or risk losing hefty government deposits. City Council members Michael Hancock and Paul Lopez recently began reviewing da...
03/29/2010
The fourth revision of Denver's prehistoric Zoning Code - referred to on the city's website as the Fourth and Final Revision - is being reviewed intently by residents and city staffers alike as a June date with Denver City Council looms large on the horizon. A thumbs-up by City Council would sig...
03/27/2010
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Housing Data Cornerstones February Existing Home Sales EHS Basically In Line--Inventory Jumps • FEBRUARY EXISTING HOME SALES (SAAR) BASICALLY UNCHANGED. February existing home sales (SAAR) totaled 5.02MM units, 0.6% lower than January's 5.05MM unit pace, but 7.0% higher than year-ago levels. Cons...
03/24/2010