by Jon Terry | Apr 7, 2014 | Blog, Foreclosure
Nationally, foreclosures are down 32.71 percent, however, here in Colorado the number of residential foreclosures last month fell by an incredible 76.31 percent from a year ago. RealityTrac counted 290 foreclosure sales in the state during February, which places...
by Jon Terry | Sep 30, 2013 | Blog, Foreclosure, Mortgage Guidelines, Short Sale
The Great Recession that started in late 2007 forced many responsible Colorado homeowners into mortgage loan default and/or bankruptcy. Because of this, the Federal Housing Authority (FHA) realized that credit histories don’t always reflect a person’s true ability or...
by Jon Terry | Aug 2, 2013 | Blog, Colorado Living, Foreclosure, Housing Analysis, Luxury Homes, Residential Real Estate, Statistics, The Economy
Denver home prices have officially risen to pre-recession levels with a 9 percent year-over-year increase during the second quarter. June brought 9,187 homes for sale, up from the 8,214 available in May, with sales increasing 3 percent from May and 7 percent from June...
by Jon Terry | May 22, 2013 | Blog, Colorado Living, Foreclosure, The Economy
“The decline in foreclosures has been a statewide phenomenon so far this year,” said McMaken, an economist with the Colorado Division of Housing. Both foreclosure filing totals and foreclosure auction sales totals were the lowest quarterly totals collected...
by Jon Terry | May 1, 2013 | Buying A Home, Colorado Living, Foreclosure, Housing Analysis, Selling a Home
As the saying goes, “Springtime is for selling houses.” The months of April, May, June and July typically account for more than 40% of all housing transactions annually. This year, buckle up because we anticipate a huge amount of transactions and more than the usual...
