Lately, we (realtors) have the unenviable task of being the bearers of bad news. It seems more than ever we are having conversations with people about what the market is telling us regarding the price of their home, or we are talking to sellers about lowering the price of their property. As expected and given [...]

Mortgage applications bounced back last week after nearly a month in the doldrums when the number of applications fell to a seven-month low.

first-time home buyer tax credit of up to $8,000 has helped to move housing inventory during an otherwise sluggish real estate cycle. Now both legislators and the business community are hoping to build on the incentive’s success by expanding it.

Without a doubt, communication and expectations are two of the biggest problems we have in real estate today. By no means does real estate corner the market on a lack of communication or failure to manage expectations, but these are two topics that seem to come up a lot in conversations. There are two types [...]

This stunning home features a blend of contemporary convenience and just the right amount of European touches artfully crafted into more than 6,000 square feet. Sitting on 3.3 acres, this 5 bedroom, 5 bathroom masterpiece is surrounded by sumptuous greenery and is a 5-minute stroll to Pinehurst Country Club and Colorado Academy. Exemplified by its [...]

Homebuyers may be surprised to find that homeowners insurance isn’t going down, despite precipitous declines in sale prices.

The story goes like this: A friends of mine who is a mortgage lender was really upset and was having a horrible week when I called. It turns out that he got involved in a loan transaction for some questionable people (both the buyer and real estate agent). Now, what he knew and when he [...]

Higher interest rates put the brakes on mortgage refinancing this week, according to Freddie Mac.

Last week, I wrote a column about the human toll of foreclosure. Not exactly an upbeat story, but one that needed to be told. This week is a feel good story about the never say die attitude of Americans and how coming together as a family may just be the answer to difficult economic times. [...]

We hear a lot about foreclosures these days in the news. Internet, newspaper, TV, and radio all regularly report on the rate of foreclosures, the number of foreclosures, the hardest hit areas, and how many more are yet to come. Analysts and economists have been predicting for quite a while now that we are going [...]