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.

Labels: Boulder, boulder mls, boulder real estate, Boulder Real Estate News, Denver, Denver mls, Denver real estate, Denver Real Estate News, Dogs

Your Home Is Worth More Than You Think!
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

Labels: Denver, Denver mls, Denver real estate, Denver Real Estate News

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.

Labels: boulder mls, boulder real estate, Boulder Real Estate News, Colorado, Denver mls, Denver real estate, Denver Real Estate News, Dogs, fetch, louisville real estate, realty

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

 

Labels: boulder mls, boulder real estate, Boulder Real Estate News, Colorado, Denver mls, Denver real estate, Denver Real Estate News, Dogs, fetch, realty

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

 

Labels: boulder mls, boulder real estate, Boulder Real Estate News, Colorado, Denver mls, Denver real estate, Denver Real Estate News, Dogs, fetch, realty

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

Labels: boulder mls, boulder real estate, Boulder Real Estate News, Colorado, Denver mls, Denver real estate, Denver Real Estate News, Dogs, fetch, realty

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

 

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