Shelli Dore’s Real Estate Blog

Posts Tagged ‘Twitter

Colorado home mortgage rates continue to sink this week, reaching 4.54 percent on a 30-year fixed loan Wednesday, according to Zillow Mortgage Marketplace.

Rates averaged 4.62 percent last week, 4.66 percent the week of Nov. 9 and 4.77 percent the week of Nov. 2, Zillow reported.

Zillow says its figures on mortgage rates are based on borrower credit scores over 680 and a down payment of 20 percent or more.

The average 30-year fixed nationwide rate was 4.57 percent Wednesday, Zillow said.

Separately, Freddie Mac calculated average 30-year fixed mortgage rates nationwide at 4.78 percent with an average 0.7 points for the week ending Wednesday, the lowest rate since April 30. Freddie Mac calculates average rates for a broader range of credit scores and down payments.

The average 30-year fixed rate was 4.83 percent last week. A year ago, it was 5.97 percent, Freddie Mac said.

Low rates and the homebuyer tax credits, continue to get much of the credit for a rebound in housing sales.

The Commerce Department Wednesday reported sales of new homes rose a better-than-expected 6.2 percent in October, although they slipped in the western states, including Colorado.

The National Association of Realtors says sales of existing homes surged 10.1 percent last month.

And a Metrolist Inc. report on Nov. 6 said that in the Denver metro area, home resales increased 2.9 percent in October from September, but were down 7.6 percent from October of last year.

Thursday, November 26, 2009
Denver Business Journal

Share this with your friends and family…

Bookmark and Share

Your friend in the real estate business,

Shelli Dore

Friend me on Facebook!
Connect with me on LinkedIn!
Follow me on Twitter!

…Remember! The next time you are in a conversation with someone who is thinking about a move – IN ANY CITY OR STATE IN THE US OR CANADA – call me first! I can help make sure your friends, family members and work associates are very well taken care of.

Advertisements

Lauren Sherman, 03.30.09, 04:00 PM EST

U.S. migration may be down overall, but these vibrant metro areas are still attracting newcomers.

Unemployment is on the rise, credit is tight, and consumers aren’t spending–which means they aren’t picking up and moving much either. Very few places in America saw significant population growth in 2008.

But the buzzing metropolitan area of Denver bucked that trend. Its population increased by 2.17% in 2008. In 2007, it increased by 2.09%. In 2008, Denver was the 10th-fastest growing metro area in the U.S.

What’s Denver got that other places don’t? 

Click below or copy and paste this link in your internet browser for the complete article:

http://www.forbes.com/2009/03/30/americans-moving-cities-lifestyle-real-estate-relocating.html?partner=email

Share this with your friends and family…

Bookmark and Share

Your friend in the real estate business,

Shelli Dore

Find me on Facebook!
Connect with me on LinkedIn!
Follow me on Twitter!

…Remember! The next time you are in a conversation with someone who is thinking about a move – IN ANY CITY OR STATE IN THE US OR CANADA – call me first! I can help make sure your friends, family members and work associates are very well taken care of.

Foreclosure Timeline

Colorado Foreclosure Information Part 1

Colorado Foreclosure Information Part 2

Basics of a Short Sale Transaction

Share this with your friends and family…

Bookmark and Share

Your friend in the real estate business,

Shelli Dore

Find me on Facebook!
Connect with me on LinkedIn!
Follow me on Twitter!

…Remember! The next time you are in a conversation with someone who is thinking about a move – IN ANY CITY OR STATE IN THE US OR CANADA – call me first! I can help make sure your friends, family members and work associates are very well taken care of.

This is a great time to buy a home, condo or townhouse with the new $8,000 housing tax credit. This is available for first time home buyers, if you buy before December 1, 2009. If you ever wanted to buy a home, now is the time.  Ask yourself the questions below to see if you should take advantage of this great opportunity. 

  • Time frame to buy? – By December 1, 2009
  • First-time home buyer? – A buyer who has not owned a home for three years.
  • Married first-time buyer? – Both buyers have not owned a home for three years.
  • Claim tax credit? – Claim the tax credit on your federal income tax return.
  • Other form or forms? – No other form except your federal income tax return.
  • Credit limits? – Single $75,000, Married $150,000.
  • Building a custom home? – You qualify, but you have to occupy the home by Dec. 1, 2009.
  • Buying a new home? – You qualify, but the settlement day has to be by Dec. 1, 2009.
  • Tax credit pay back? – You are not required to repay except for certain conditions.
  • Access the tax credit now? – Change your withholding numbers.
  • Mortgage Revenue Bonds? – Allow tax credit home buyers to participate.
  • Loan credit? – State housing finance agencies to help buyers at closing by  advancing the credit amount as a loan.

Share this with your friends and family…

Bookmark and Share

Your friend in the real estate business,

Shelli Dore

Find me on Facebook!
Connect with me on LinkedIn!
Follow me on Twitter!

…Remember! The next time you are in a conversation with someone who is thinking about a move – IN ANY CITY OR STATE IN THE US OR CANADA – call me first! I can help make sure your friends, family members and work associates are very well taken care of.

RISMEDIA, March 6, 2009-(MCT/RISMedia)-The Obama administration on last Wednesday detailed its ambitious $275 billion plan to halt soaring foreclosures nationwide, outlining the financial incentives it’s offering investors, lenders and their bill collectors to lure them into modifying distressed mortgages to keep Americans in their homes….

Ambitious Foreclosure Plan Revealed – How Will It Help?

Share this with your friends and family…

Bookmark and Share

Your friend in the real estate business,

Shelli Dore

Find me on Facebook!
Connect with me on LinkedIn!
Follow me on Twitter!

…Remember! The next time you are in a conversation with someone who is thinking about a move – IN ANY CITY OR STATE IN THE US OR CANADA – call me first! I can help make sure your friends, family members and work associates are very well taken care of.

The National Association of Realtors report the Housing Affordability Index rose 13.6 percentage points to 166.8, a new record high.

A value of 100 means that a family with the country’s median income has exactly enough income to qualify for a mortgage on a median-priced existing single-family home. The higher the index, the better housing affordability is for buyers.

The reading shows the relationship between home prices, mortgage interest rates and family income is the most favorable since tracking began in 1970.

"History suggests that home sales can rise even in times of job losses when housing affordability rises," said Yun, adding that he expects sales to turn around by the summer.

Share this with your friends and family…

Bookmark and Share

Your friend in the real estate business,

Shelli Dore

Find me on Facebook!
Connect with me on LinkedIn!
Follow me on Twitter!

…Remember! The next time you are in a conversation with someone who is thinking about a move – IN ANY CITY OR STATE IN THE US OR CANADA – call me first! I can help make sure your friends, family members and work associates are very well taken care of.


Advertisements

  • None
  • insurance colorado: this site seems different lol
  • Shelli Dore: Thanks for the feedback. I really appreciate it! BTW, I like your site and have bookmarked it in case I have someone looking for a modular home!
  • System Built Housing: Thank you for this blog, keep up the informative posting. I will be sure to reference it when needed throughout our website once we add our resources