March 2010 
There are 5 blog entries for March 2010.
Good news for the Denver Real Estate market
Wednesday, March 31st, 2010 at 9:25am. 95 Views, 0 Comments.
I believe we are finally seeing light at the end of the tunnel, as Denver has now seen 3 consecutive months of year over year prices increases after 3 straight years of price declines. This means that in November '09, the Denver Real Estate market average sale price was higher than those in November of '08. The same goes for December and January, and we are one of only 9 nationwide markets to see such increases. This is one important subject I'd like to touch on, please differentiate between local and national news when soaking up Real Estate information. If CNN is talking about a sluggish market, that is on a national level, not here in Denver or our surrounding areas.
Thanks for checking in with us here at the Metropolitan Group, your resource for…
Tips on Selling Your Denver Home
Tuesday, March 30th, 2010 at 3:12pm. 99 Views, 0 Comments.
Selling your home is a big decision and there’s a lot to do to prepare. Here are some great ideas for before and after you put your house on the market.
Create great curb appeal: people who like the way a home looks on the outside will want to see what it looks like on the inside.
* Make sure your home looks sharp by painting the trim.
* Rake leaves, trim trees, repair fences, mow the lawn and weed gardens to ensure your yard looks its best.
* Potted plants on the front porch are always a great way to add to the beauty of your home.
Once you get potential buyers through the front door, you have an opportunity to make walking through your home a great experience.
Repairs and maintenance: a home that is in top shape demonstrates pride of ownership and…
Short sale usually a better option than foreclosure
Monday, March 29th, 2010 at 12:21pm. 98 Views, 0 Comments.
For all you Colorado homeowner's struggling to make your monthly payment, foreclosure is not your only option. Depending on your lein holder, and who the lein holder is, a short sale may be a much better option than a foreclosure. A foreclosure can lower your credit score anywhere from 250 to over 300 points, and typically lasts for 3 or more years. With a short sale, the credit score is affected by as little as 50 points and can be as breif as 12-18 months. Even worse than a bad credit score, a foreclosure on your record will lead to revokation of security clearnce for military personel police officers, CIA operatives, etc. in almost every case. There is a lot of information out there, and not all of it is accurate. So do yourself a favor, and call your…
Debate over future of Fannie Mae, Freddie Mac heats up
Wednesday, March 24th, 2010 at 12:05pm. 113 Views, 0 Comments.
WASHINGTON—The Obama administration is taking baby steps to develop a system that could replace mortgage giants Fannie Mae and Freddie Mac, amid criticism that officials are dragging their feet.
In September 2008, the government seized control of Fannie and Freddie—massive companies that purchase home loans, package them into investments and guarantee them against default. Since then, the government has pumped a combined $126 billion into the companies to keep them afloat.
Read more: http://www.denverpost.com/breakingnews/ci_14738786#ixzz0j7PePz2M
Denver Home Prices Keep Their Value
Tuesday, March 16th, 2010 at 5:15pm. 131 Views, 0 Comments.
The Standard & Poor’s report on home prices that was released on January 26, 2010 shows that Denver home prices are showing improvement, unlike many areas of the U.S., hard hit by the foreclosure crisis. This is good news for both real estate buyers and sellers, as it shows that the Denver home market is stabilizing much faster than other parts of the country.
Twenty major U.S. cities were examined in the S&P report, but only 4 showed a year-over-year price increase. Denver was one of them. Between November 2008 and 2009, there was a 0.5% increase in home prices.
Don’t think that’s a lot? Think of the difference a single percentage point makes to your mortgage cost and then look at the numbers. Half a…