Denver Residences at The Ritz-Carlton Head Into Foreclosure

November 16, 2009

The luxury condo project adjoining Denver’s Ritz-Carlton hotel, The Residences at The Ritz-Carlton, fell into foreclosure in June 2009 after selling 1 of 25 units since presales began 3 years ago.
According to the Denver Post, the lender on the project, Goldman Sachs, has taken the property back and is looking at ways to reposition the units [...]

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New Tool to Estimate Closing Costs When Selling Your Home

November 15, 2009

This past year, I attended the 2009 Inman Connect conference in San Fransisco.  Inman offers several events a year for real estate technologists, innovators, and visionaries and is a great opportunity to talk with other people in the industry to find out about the latest trends and tools.
A new service we’ve been promoting to home [...]

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2009 National Association of Realtors Profile of Home Buyers and Sellers Just Released

November 14, 2009

The 2009 National Association of Realtors Profile of Home Buyers and Sellers was just released today.  This annual report is full of facts and figures on what’s going on in the real estate industry and among home buyers and sellers.
Information on Home Buyers
This is the first year 90% of home buyers used the Internet in [...]

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Denver Real Estate Up Again in August 2009 Case-Shiller Report

October 27, 2009

The Denver real estate market was up again this past August according to the latest Case-Shiller report.  During the month of August 2009, the value of Denver same-home sales increased 1.0%, a slight decline in growth from July which saw a 1.5% increase.
Over the past year and a half, while real estate markets across the [...]

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While Waiting for New FHA Rules on Condos, Anticipation Mounts

October 26, 2009

The Denver Post had a nice teaser reminding all of us in the real estate industry that the Federal Housing Administration (FHA) is still working on its new rules for loans on condos.
The FHA sponsors home loans backed by the US government with the lowest down-payment requirement of 3.5 percent and a lower credit standard [...]

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