Fetch Market Update

DENVER TOPS

2009-05-22T10:15:00.000-06:00

Tuesday, May 19, 2009

Denver tops on 'Today' show list of cities poised for real-estate rebound

Denver Business Journal - by Mark Harden

Denver was named America's No. 1 city on the verge of recovery from the real-estate slump in a segment Tuesday on NBC's "Today" show.

Real estate expert Barbara Corcoran, a regular guest on the show, said Denver more than any other U.S. city is "clearly on a rebound."

"It's really the perfect real estate success story," she said. "It had one of the highest foreclosure rates in the nation for years running, and now they've cut that foreclosure rate in half and they've turned the corner."

Denver, Corcoran said, has "a vibrant downtown, it has a high employment base, it has educated people, it has youth, [and] it has one of the biggest park systems in the country.

"Everything about Denver is pointing up, up up," she added. "Prices are moving up just now for the first time after seven years."

Rounding out Corcoran's list of cities poised for a real-estate rebound:

§ 2. Raleigh, N.C.

§ 3. Austin, Texas

§ 4. Seattle

§ 5. San Francisco

Corcoran said she included cities on her list on the basis of eight factors:

§ Job growth potential;

§ A growing population;

§ Good weather;

§ Lots of first-time buyers;

§ No overbuilding;

§ A vital downtown;

§ A well educated population; and

§ Foreclosures earlier than other cities.

Your Home Is Worth More Than You Think!

2009-05-06T11:59:00.008-06:00

When it comes to real estate, things actually aren't so bad here in Denver. Our guide to the myths and realities of the local market will show you why. Plus: How to refinance your mortgage, remodel on a budget, and rehab your IRA with real estate investments.
By Luc Hatlestad
May 2009

Page 1 of 7

Enough Already.

Yes, these are the worst economic conditions since your grandfather's primary vehicle was a tricycle, with no end and little clarity in sight.

So let's gather ourselves and sort out which numbers really matter and which ones merely perpetuate the fear that's gripped the financial and real estate markets for months. First: Denver actually scores remarkably well on the index of overall housing-related distress. In 2008, area foreclosures declined almost 12 percent from 2007, the first year-over-year decrease in more than a decade. Second: Our home prices "only" declined by 5.1 percent from January 2008 to early 2009—compared to the national average of 19 percent—a relatively slight dip that made Denver one of the nation's top housing markets in 2008.

Please Click on Link to View Entire Article:http://www.5280.com/issues/2009/0905/feature.php?pageID=1684

UPCOMING SHOW "Blog Cabin"

2008-07-30T10:04:00.006-06:00

Hey all ~ I've been in Real Estate investment and sales in Boulder County for over 10 years now and just love it! But besides helping people buy and sell homes with Ryan and Kevin at Fetch Realty, I'm the editor of a power tool blog called Toologics.com. We write news and reviews on any and all power tools that we can get our hands on.

DIY Network approached us in January 2008 and offered us the opportunity to ask a few questions on their upcoming show "Blog Cabin". Then they produced a video answering our questions! Check it out!

Interview with Ahmed Hassan: http://www.toologics.com/News/General_News/Toologics_on_DIY_Network%27s_Blog_Cabin!!_20080730870.html

<http://www.toologics.com/News/General_News/Toologics_on_DIY_Network%27s_Blog_Cabin%21%21_20080730870.html>

A little bit about Blog Cabin:
DIY Network's Blog Cabin is the first ever interactive home-building television series, putting bloggers in control of the design and construction of a waterfront vacation home. Blog Cabin is returning for its second season on 8/14.

Beginning in January of 2008, DIY Network.com invited visitors to vote each day on various aspects of the cabin –while maintaining an ongoing interactive dialogue through DIY Network's blog, millions logged on to vote on over 40 different design features, from the floor plan to the lighting to the paint colors in each room. DIY Network's expert hosts took the blogger suggestions and constructed the house based on the blogger's specs, and the results will be revealed in this season's Blog Cabin. DIY viewers can watch the "blog cabin" take shape next month (beginning August 14th) as well as enter online for a chance to win the blog cabin.

Here's the promo video: http://www.youtube.com/watch?v=WE74SluDQE4
Official Site: http://www.diynetwork.com/blogcabin

Blog Cabin premieres August 14th at 9pm on DIY Network.

2008-06-18T10:53:00.001-06:00

Five Signs Your Home Is Overpriced

Betsy Schiffman

Home is where the heart is, and it's also where the debts, headaches and wealth can be. Small wonder, then, that selling a home is a loaded and emotional experience.

All too frequently, homesellers' opinions of their properties are clouded by sentimentality. Every parent thinks his or her children are extraordinarily gifted beings, and in a similar way, most families believe their homes are worth a great deal more than the average. It's only natural--couples remember the particular spot in the living room where their first-born took his first step, or the outrageous the bill they received after having the plumbing overhauled, and they assume it all should show up in the sales price. Regretfully, it doesn't work that way. (For Full Article Please Click Link Below)

http://www.forbes.com/2002/11/22/cx_bs_1122home.html

2008-05-27T11:09:00.004-06:00

A Quick and Dirty Guide to Selling Your Home

By Stacey L. Bradford

GETTING READY TO put your house on the market? Before you do, you'll have to decide whether you want to hire a full-service broker, work with a discount broker or sell the place on your own. It's not an easy decision — there are advantages and disadvantages to each method.

A traditional broker, for example, will present you with a complete marketing plan and expose your home to as many buyers as possible. You could, however, save yourself thousands of dollars by selling your property on your own. But some would argue that the headache isn't worth it.

Here are some pros and cons to consider before you take the plunge. ( For Full Article Please Click On Link Below)

http://www.smartmoney.com/home/selling/index.cfm?story=quickguide

canine custody

2008-05-09T08:41:00.003-06:00

Avoid a Canine Custody Battle

By Maryann Mott for The Dog Daily

Like many caring dog owners, Stanley and Linda Perkins of San Diego, Calif., dote on their pointer-greyhound mix, Gigi. But in the late ‘90s when the couple decided to split, a two-year canine custody battled ensued, racking up thousands of dollars in legal fees and taking up almost half of the three-day divorce trial.

In an effort to clinch the case for her client, Sandra Morris, a family law attorney representing Mrs. Perkins, decided to use a tactic that worked in several successful child custody cases. Morris shot a day-in-the-life video of Gigi, showing the adopted pooch going for walks, sleeping under the desk and playing on the beach. It worked. A superior court judge awarded Mrs. Perkins permanent canine custody. (For Full Article Please Click On Link Below)

http://dogs.myfoxcolorado.com/Happy/avoid_canine_custody_battle/index.html

2008-04-17T08:30:00.001-06:00

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

2008-04-01T18:13:00.001-06:00

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

Homes that are pet friendly

2008-03-21T11:13:00.002-06:00

Homes that are pet friendly

By Jan Thomas

Special to The Denver Post

To seal the deal, always negotiate with the party who has the most impact on the buying decision.

That's basic sales theory, but in downtown Denver, real estate developers are finding that the party with the most influence may very well be the family pet. ( Click on link below for full article)

http://www.denverpost.com/search/ci_5404195

2008-02-05T15:18:00.000-07:00

New study shows which words sell, and which don't

By Ann Brenoff

Los Angeles Times

Words matter. Wars have started over them. Civilizations have collapsed because of them. And it appears the speed with which a house sells might be determined by them.

(Click on link below for full article)

http://seattletimes.nwsource.com/html/realestate/2003532505_wordplay21.html

2008-02-04T14:49:00.001-07:00

U.S. 36 corridor holds breath for mystery buyer's identity

Use of StorageTek site could boost office market's recovery

By Margaret Jackson
The Denver Post

Article Last Updated: 02/02/2008 01:02:02 AM MST

If the mystery buyer of the former StorageTek site in Louisville brings the thousands of jobs many people are anticipating, it could spark an explosion of construction and new businesses in a market that only recently started recovering from the dot-com meltdown.

The ripple effect would be tremendous on the 7-million-square-foot submarket along U.S. 36 between Denver and Boulder. The office market there saw vacancy rates swell from 2 percent to 42 percent after the dot-com bomb in 2001.

(Click on link below for full article)

http://www.denverpost.com/economy/ci_8146375

2008-02-04T14:38:00.001-07:00

Stimulus plan also sparks housing market

By Les Christie, CNNMoney.com staff writer

January 25 2008: 12:37 PM EST

NEW YORK (CNNMoney.com) -- The economic stimulus plan announced Thursday by Congress and the Bush administration includes provisions that specifically address the mortgage crisis. It aims to make getting a mortgage easier and cheaper in high-cost markets, to facilitate refinancing and to prevent foreclosures.

(Click on link below for full article)

http://money.cnn.com/2008/01/25/real_estate/stimulus_plan_targets_pricy_housing/index.htm?postversion=2008012512

2007-10-17T09:32:00.000-06:00

Mortgage demand climbs as rates hold steady

NEW YORK (Reuters) — Mortgage applications rose for a second straight week, largely reflecting a rise in demand for home purchase loans as interest rates.......

(click on link below for full article)

http://www.usatoday.com/money/economy/housing/2007-10-17-mortgage-apps_N.htm

2007-10-12T11:28:00.000-06:00

Dogs now allowed on qualifying cafe patios in metro area

posted by: Dan Boniface

DENVER - The Board of Environmental Health voted unanimously on Thursday night for a rule change that allows cafes and coffee shops to let their customers bring a dog with them on patios. (Click on link below for full article)

www.9news.com/news/article.aspx?storyid=78910

2007-09-26T08:29:00.002-06:00

Proposed change to dining with dogs

written by: Colleen Locke

DENVER – Dog owners may soon be able to share a meal with their pooch on some restaurant patios. Under current Colorado and Denver law, no live animals are allowed on the premises of retail food establishments.

(Click on link below for full article)

http://www.9news.com/news/local/article.aspx?storyid=77984

2007-09-20T09:10:00.001-06:00

What the Federal Rate Cut
Means for Homeowners

By Jane J. Kim and Ruth Simon
From The Wall Street Journal Online

Consumers should soon start feeling the impact of Tuesday's Fed rate cut in the form of lower borrowing costs and stingier savings rates. But the rate cut doesn't offer much help for the key problems bedeviling many mortgage borrowers.

(Click on link below for full article)

http://www.realestatejournal.com/buysell/mortgages/20070920-kim.html

2007-09-19T16:12:00.001-06:00

Interest rates slashed to help economy

By Paul R. La Monica, CNNMoney.com editor at large

September 18 2007: 5:03 PM EDT

NEW YORK (CNNMoney.com) -- The Federal Reserve cut the target on a key short-term interest rate by half of a percentage point Tuesday to 4.75% in a bold acknowledgement that the central bank is concerned the mortgage meltdown plaguing Wall Street and Main Street could hurt the economy.

(Click on link below for full article)

http://money.cnn.com/2007/09/18/news/economy/fed_rates/index.htm?postversion=2007091817

2007-09-19T15:42:00.000-06:00

Fetch Realty is now active!