Real Estate News - Denver, Colorado | Page #35
Denver Real Estate Blog

30-Year Rates on Home mortgages in Colorado Inch Up Slightly for the Week

After eight weeks of declines, the average 30-year fixed-rate mortgage, a popular choice among home buyers, edged up this week but still remains low by historical standards. Meanwhile, the 15-year mortgage continued to reach new lows for the year. Freddie Mac reports in its weekly mortgage
market survey.

Here's how mortgage rates in Denver fared for the week.

A 30-year fixed-rate mortgage averaged 4.50 percent, up just slightly from last week's 4.49 percent.
Last year at this time, the 30-year rate mortgage averaged 4.75 percent.

A 15-year fixed-rate mortgage averaged 3.67 percent for the week, which is down from last week's3.68 percent. That marks its lowest level since

661 Views, 0 Comments

Fannie Mae is  making it easier for buyers and for real estate agents with Homepath Financing. Homepath is the name given to Fannie Mae's Finance program for Home Buyers. A Fannie Mae Home is a Foreclosure held by Fannie Mae.   If you submit an offer for a Fannie Mae HomePath property and close by October 31, 2011, Fannie Mae will pay up to 3.5% of the purchase price towards the Buyer's closing costs and Appliances. The will also insure the appliances.
There are programs also where you can get extra money escrowed for updates and repairs. ( Contact us for Details)    Homepath homes are just like HUD Homes and Foreclosures.
HomePath properties are pretty good deals.  Here's why:
  • No appraisal is necessary- Huge Bonus these days!
  • There
1,725 Views, 0 Comments

Our Air Conditioners Keeps us cool and comfortable until we get the electric bill. Fact is most people do not use their air conditioning effectively or efficiently.  You are not going to save bundles of money by being a better user of A/C, but it can reduce your electric bill.

Save MONEY by following a few simple rules regarding central or window A/C use.

Maintenance:   Your air conditioner needs regular maintenance to operate at peak performance. Clean or replace your filters once a month or as required.  The indoor cooling coils in the air handler should be cleaned once a year.  Make sure the machine is properly lubricated.  Oil the motor and bearings twice a year.  The outside compressor™s fan blades in the air handler should also be cleaned. 

831 Views, 0 Comments

 Summer looks good for home buying and Selling in the  Entire Denver Metro area!

 Buyers are hitting the streets looking for homes and Open Houses. Interest Rates are staying Steady at yeary lows and  great home prices are motivating Home Buyer's in the Denver area to purchase homes.

Here are the Averages for Mortgage Rates;

A 30-year fixed-rate mortgage: averaged 4.50 percent, which is unchanged from last week’s average. Last year at this time, the 30-year rate mortgage averaged 4.69 percent.

▪ A 15-year fixed-rate mortgage: averaged 3.69 percent, up slightly from last week’s 3.67 percent average. Last year at this time, the 15-year rate averaged 4.13 percent.

▪ A 5-year adjustable-rate mortgage: averaged 3.25 percent this week, down from last…
711 Views, 0 Comments

Foreclosures Contribute to Colorado Rental Boom

Foreclosed home owners in are contributing to a boom in the Denver Home rental market. Nearly half of property managers recently surveyed — or 47 percent — say they're seeing an increase in applicants moving
to rental units from foreclosed properties.

But foreclosed home owners may not find big deals in the rental market. As vacancies shrink, many property managers say they have increased prices on their rental units in the last year, according to a new survey of 1.252 property managers across the country by TransUnion, which provides rental
screening solutions to both large property management companies and independent landlords.

"The majority of respondents said that they are not having problems

715 Views, 0 Comments

Toll Brothers will build Luxury Homes in the BackCountry in Highlands Ranch, Colorado

 Shea Homes, the community developer of the BackCountry Subdivision. is pleased to announce that Toll Brothers will be joining the group of distinguished

builders offering home collections at BackCountry. Toll Brothers plans
to introduce a new collection of designs and it's anticipated that its sales
office will open by July 2011. Toll Brothers Luxury Builders brings to BackCountry a benchmark legacy cultivated over four decades of Luxury home building. As one of the nation's leading builders of luxury homes, they create beautiful and
livable homes that offer a combination of quality materials and superior
design. What a wonderful addition they'll bring to our

1,163 Views, 0 Comments

Offer Incentives to Sell House

Colorado Sellers may need to get creative and sweeten the deal to get home buyers to offer on their listing.

 Stand out from other neighborhood homes for sale by giveing home buyers some extra incentive to choose your listing over the large inventories of others?
Sure, price will get their attention, but some incentives may be the extra motivation needed to get the deal to the closing table.

Here are a few common ideas that may help your real estate transactions.

Home Warranties:

Home warranties, which can cover the repair or replacement of many home system appliances and components (such as air conditioner, water heaters, and more), can provide buyers with some extra confidence when purchasing a home. 'Home

657 Views, 0 Comments

Fixed Mortgage Rates Stay Low for now, Then what?

Ever though Fixed mortgage rates continued to mostly hold steady this week, amid mixed economic reports and some signs of an improving housing market, Freddie Mac reports in its weekly mortgage market survey.

However, one rate was on the move: the five-year adjustable-rate mortgage took a dip, reaching a new
record low at 3.22 percent.

Here's a closer look at mortgage rates for the week:

A 30-year fixed-rate mortgage: averaged 4.51 percent, which is up slightly from last week's 4.50
percent average. A year ago at this time, the 30-year rate averaged 4.58 percent.

A 15-year fixed-rate mortgage: averaged 3.69 percent, which is the same as last week's average.
Last year at this time, the 15-year

788 Views, 0 Comments

1.    What is carbon monoxide (CO) and how is it produced? 
 Carbon monoxide (CO) is a deadly, colorless, odorless, poisonous gas that is slightly lighter than air, so it moves like a ghost.  It is produced by the incomplete burning of various fuels, including coal, wood, charcoal, oil, kerosene, propane, and natural gas. Products and equipment powered by internal combustion engine-powered equipment such as portable generators, cars, and power washers also produce CO.

2.    How many people are unintentionally poisoned by CO?
  On average, about 170 people in the USA die every year from CO produced by non-automotive consumer products. These products include malfunctioning fuel-burning appliances such as furnaces, ranges, water heaters and room heaters;…
1,195 Views, 0 Comments

When it comes to luxury properties, the Denver area’s got it all: luxury homes, luxury condos, equestrian estates, and even luxury foreclosures and short sales. Whether you’re looking for your dream home or an investment opportunity, there are plenty of opportunities in Denver’s growing luxury real estate market.

What is a Denver luxury home?
A luxury home is any property that is listed at one million dollars or more. There are many types of luxury properties available in the Denver area, including stately homes, penthouse condos, sprawling estates, and equestrian properties. Whether you’re looking for an urban penthouse or a quiet country estate, look no further than the Denver area.

Where are luxury homes located?
Luxury properties can be found all

866 Views, 0 Comments

New program offers No Down Payment Loan