Bargain hunters boost home sales in some markets

By Stephanie Armour, USA TODAY

 

Home prices are sinking. Banks are seizing properties from owners who can't pay their mortgages. Yet for Amber Gilmore, the miserable housing market has never looked better.

After searching for a home for more than a year, Gilmore and her fiancé found one in foreclosure. Once the bank cut the asking price by more than $100,000, the first-time home buyers eagerly sealed the deal for $230,000.

(Click on link below for full article)

 

http://www.usatoday.com/money/economy/housing/2008-04-16-bargain-hunting-real-estate_N.htm

 

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Close to Home: Boulder, Colo., stays healthy

By Christine Dugas, USA TODAY

Despite the chill in home sales across the nation, Boulder, Colo.'s mortgage market remains warm and healthy.

The city, nestled in the foothills of the Rocky Mountains, shows why there is no national real estate forecast, just as there is no national weather forecast, says Veronica Precella, president of the Boulder Area Realtor Association. (Click on link below for full article)

http://www.usatoday.com/money/economy/housing/closetohome/2008-03-24-boulder-colorado_N.htm

Labels: boulder mls, boulder real estate, Colorado, Denver mls, Denver real estate, Dogs, fetch, realty