The amount of foreclosures in the last seven years dropped to it’s all time low, and the worst recession in over 70 years appears to be coming to its end… as far as the housing market is concerned.
The decrease in foreclosures has been brought on by a number of factors. Those factors include:
The lowest interest rates ever
The lowest home prices in nearly a decade
Banks are also limitting the amount of...
In 1989, you would pay right around $1,000/month for the median home. In today’s dollar value, that is just over $2000/month.
Reality is, today people are not paying $2000/month (which would have been keeping up with inflation). Because interest rates have dropped and new home prices have also dropped so substantially, a new home will $800 less/ month than what you would expect if you follow inflation. ...
Tracking November 2011 to January 2012
Real Estate markets are always changing and it is important to keep up on the latest trends and developments in the market you may want to buy into. Since November, the number of houses listed went down by 18.5% with over 14,000 homes in November to less than 12,000 this month in January. However, this is not too surprising. The National Association of Realtors track real...
If you’ve opened the newspaper, or watched the news, you can’t help but notice that it’s an election year. There is all sorts of talk about the different potential Republican candidates, and their chance of unseating President Obama.
We all know that the economy is the big factor, and will likely be the deciding factor in determining who are next president is. The housing market is one of the...
Denver Colorado is one of the best places to live in the United States! It’s nestled in the Rocky Mountains, with lots of recreational activities, great education and fine real estate!
Since money has been such a large issue in the economy lately, Denver has been named as one of the 25 most affordable destinations for business travelers, and those who live there.
The airport in Denver is one of the best! Featuring...