Archive for December, 2008

31

Dec

Best and Worst Real Estate Markets in 2009

by Derek Weeks - Denver Realtor
Published in: Denver Housing Market

The annual best and worst housing market forecasts for 2009 have been issued by Housing Predictor dot com, which forecasts real estate markets in all 50 U.S. states.
Destin, FL  December 30, 2008 — The annual best and worst housing market forecasts for 2009 have been released by Housing Predictor dot com, which forecasts more than [...]

22

Dec

Last Week In Review

by Derek Weeks - Denver Realtor
Published in: Mortgage Market in the News

On Tuesday, the Fed slashed the Federal Funds Rate (the rate banks charge each other to lend money overnight) by .75% to the lowest target range in history of 0% to .25%. The Fed also lowered the Discount Rate (the rate at which banks can borrow directly from a Federal Reserve Bank) by .75% down [...]

16

Dec

How To Improve Your Credit Score

by urbansynergyrealty
Published in: Credit Tips and Tricks

How to improve your credit score
 
To determine whether to approve or not to approve any kind of loan or Denver home mortgage, the lenders always analyze your credit score. This way, they want to know the possibility of repaying the money that you loan from them. Higher credit score offers higher chances for repaying and less [...]

14

Dec

U.S. Retail Sales Fall Again

by Derek Weeks - Denver Realtor
Published in: Economy; the Good, the Bad, and the Ugly

Normally this time of year companies are getting a big boost in revenue. However, due to the current economic crisis this just is not the case this year. It has been reported that sales have fallen again by 1.8 percent from what was reported in October of last year.
This being the worst month in regards [...]

13

Dec

Colorado Apartment Vacancies Increase

by urbansynergyrealty
Published in: Investing in Real Estate

Apartment vacancies in Colorado increased to 6.6 percent in the third quarter because of the economic downturn, and are expected to keep rising in the fourth quarter, according to a report released Thursday by the Colorado Division of Housing.
The statewide vacancy increase, up from 5.7 percent in the third quarter of 2007, was driven largely [...]

12

Dec

Changes in the Average Home Prices

by urbansynergyrealty
Published in: Denver Housing Market

Looking at the latest statistics on average home prices, while the average price of a home in the metro area has dropped, there are some positive factors coming from the numbers.
Between December 2006 and December 2007, the average home price for Denver Real Estate dropped 3% from $312k to $303k. The first 11 months of [...]

10

Dec

Buy Low and Sell High

by urbansynergyrealty
Published in: Investing in Real Estate

When it comes to investing in real estate, these are the most common terms you will see. Everyone wants to buy low and sell high!
In todays market, buying low is quite an easy step. Its the sell high that can be challenging! This brings me to long term real estate investing. When thinking about long [...]

8

Dec

Job Loss Report for November

by Derek Weeks - Denver Realtor
Published in: Economy; the Good, the Bad, and the Ugly

“I KNEW THE RECORD WOULD STAND UNTIL IT WAS BROKEN.” Yogi Berra. And while last week’s Jobs Report wasn’t the worst record breaker of all time, it showed a loss of 533,000 jobs during the month of November, which represented the most job losses the US has seen in 35 years. And adding more pain [...]

7

Dec

The Economy and the Denver Real Estate Market

by urbansynergyrealty
Published in: Denver Housing Market, Economy; the Good, the Bad, and the Ugly

How the Economy Slump effects the Denver Real Estate Market
 
The economy is failing and the sky is falling, or so the experts want you to believe. Watching the news you might think that there is no chance to make any money in the market today and investing in real estate is going to be a [...]

6

Dec

Fix and Flips; how profitable can they be.

by Derek Weeks - Denver Realtor
Published in: Investing in Real Estate

As those close enough to me know, I am very passionate about real estate and investment properties. The best time to invest in real estate is when the housing market is at its worse.
Right now, there is so much profit and cash to make in any given property. Opportunities are big right now and many [...]