Wade on News 9 again, discussing outdoor spaces. Perfect timing for barbecue season.
Wade On News9: Denver Housing Market Gaining Momentum
Wade appeared on News9 this weekend discussing the recent housing turnaround. Take a look:
Real Estate News Round Up
I’ve been posting several articles on my Facebook page lately, and I thought I would summarize all the exciting real estate news that’s been coming out lately right here. Don’t forget to “like” my page on Facebook so we can stay connected there, too. Wade Perry Properties on Facebook. 1. Seven Housing Markets That Are [...]
Low Appraisals Jeopardize Deals
Low appraisal botches deal: A friend of mine had this experience. She was refinancing her home and an appraiser selected by the lender wasn’t familiar with the neighborhood and the premium on any home sold in her neighborhood. The result was a low appraisal that squashed the deal.
2011 Rebound: Affordability High, Investors Back
Housing prices likely will bottom in 2011, says Scott Simon, a managing director at the money-management firm Pimco in Newport Beach, Calif. While he expects housing prices to possibly drop another 5 percent, he says that is a small amount when in some markets prices have dropped by half or more since housing prices started falling in 2006.
Winter Months Can Offer Great Time to Sell
Winter’s harsh weather certainly can bring a curve ball to selling, but real estate pros are finding it a good time for sellers to sell and buyers to buy. That’s because the real estate market tends to be smaller in the winter, and buyers and sellers tend to be more serious and motivated about making [...]
How’s The Market? October 2010 Denver/Littleton Real Estate Report
What should you do now?
1. As previously mentioned, Active Inventory has increased significantlyrepresenting more competition to your property. And, the buyer pool is muchsmaller than in years past due to lenders returning to more traditional terms. So,if you are considering selling, your property must be in show condition andyour realtor must be an expert in marketing across multiple mediums as well asnegotiating.
NAR Cites a 10% Jump in September Existing-Home Sales
Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums, and co-ops, rose 10 percent to a seasonally adjusted annual rate of 4.53 million in September from a downwardly revised 4.12 million in August, but remain 19.1 percent below the 5.60 million-unit pace in September 2009 when first-time buyers were ramping up in advance of the initial deadline for the tax credit last November.
Practitioners Wrestle With Foreclosure News
Real estate professionals who specialize in selling REOs say foreclosure issues bring new challenges.
Denver Region July Home Sales
Denver-area home sales dropped in July to the lowest level for that month in at least a dozen years. A total of 3,405 new and resale houses and condos closed escrow in July across the eight-county Denver-Aurora metro area. That was down 30.2 percent from June and down 28.8 percent from a year earlier, according to MDA DataQuick of San Diego.