New Home Upside

Very Good News for the Real Estate Market

On the Today show, Today's Real Estate Contributor Barbara Corcoran states that the recent change to the short term interest rates will have an affect on long-term mortgage rates in weeks/months to come. "This is very good news for the real estate market...now are the good old days."

Business Leaders Predict Colorado's Economy to Fare Better than Nation's

The Denver Business Journal reported last week that most business leaders expect Colorado's economy to fare better than the nation's in 2008. The Business Leaders Confidence Index, is done by Compass Bank and the University of Colorado at Boulder Leeds School of Business.

NAR to Focus on Home Values

NAR (National Association of Realtors) is gearing up to launch another public awareness campaign - focusing on building wealth and home values. According to NAR's historical data, median price of existing homes has increased an average of more than 6% per year.

More Opportunity for Colorado Home Buyers to Purchase a New Home Under $300,000

Last weeked, Village Homes introduced four brand new home designs priced under $300,000, providing a lot more Colorado families the opportunity for home ownership in three of the company's award-winning communities.

Denver in Top 10 for Places to Retire

Forbes.com ranks Denver the 10th best place for retirees.  While places like Norfolk, Virginia and Atlanta, Georgia are great places too, nothing beats Colorado

For 2008, Colorado is a Market to Watch

Last week Dr. Lawrence Yun, Chief Economist for the National Association of Realtors, spoke at the 2008 Real Estate Forecast sponsored by the Jefferson County Association of Realtors. Yun told attendees that "all real estate is local" and that for 2008, Colorado is a market to watch for recovery. Yun even shared his housing forecast presentation.

Remodeling gives sellers more money

Can you imagine someone else paying to remodel your home, and when it sells they share the profit with you? Value-builders does just that - they are experts at getting sellers more money for their home.  They pay all the costs to remodel your house, even stage it with furniture and artwork.  When the house sells, they share the profit with the homeowner.

Here's an example of a project that gave the homeowner a profit of $35K more on the sale of their home.

Home Prices Unlikely to Decline

Home shoppers shouldn't wait until home prices go even lower, as Denver is one city where home prices are likely to not decline. If you wait for what you think will be the best deal, you could end up waiting for years. All the market fundamentals show that now is a good time - prices are down, interest rates are low and there are a lot of houses to choose from.

National Association of Realtors shares hopeful outlook for 2008

Predicting stability and improvement for later this year, the National Association of Realtors has hopeful news for homeowners and homebuyers alike!

Mortgage interest rates keep dropping

Stay in tune with the rates today and into the future...they have been steadily dropping!  With the current pricing of homes on the market, and the GREAT interest rates available on today's mortgages - you can afford more home than you than you might have thought possible!