The Get Home Denver Team

HUD CHARGES CHICAGO REAL ESTATE GROUP AND PROPERTY OWNERS WITH HOUSING DISCRIMINATION

NEWS Release Sellers allegedly stated a racial preference and refused to sell home to black couple who submitted highest offer WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging a Chicago couple, their real estate agent, and a real estate broker with refusing to sell a home listed for $1.799 million to a black couple because of their race,... [Read more...]

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FHA Increases Fees to Save Programs?

It’s no secret that the housing crisis has strained Fannie Mae, Freddie Mac and the Department of HUD.  So, congress just passed H.R. 5981.  This bill gives FHA the authority to adjust its mortgage insurance rates to increase funding to the FHA Mutual Mortgage Insurance Fund.  This move will immediately begin to yield $300 million per MONTH to the fund.  The current increase is not set... [Read more...]

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$8000 Tax Credit Still Available for Military

The Get Home Denver Team is pleased to publish this post written by VA expert James Kelley. Homebuilders in Denver, CO are very optimistic about the local economy.  According to a recent Denver Post article, builders are buying vacant lots all over Denver with the intention of constructing new homes to meet predicted demand. Although many of the perks of the real estate market are starting to cool... [Read more...]

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Denver Real Estate Market Statistics April 2010

As a quick recap, while individual areas vary, April, 2010 combined MLS Residential Statistics had a number of positive indicators compared to April of 2009. Increase in the Number of Closed Sales to 3,308 (up 22.2% for the month) Average Days on Market reduced 22.5% to 79 days Number of Active Listings increased 1.3% to 15,843 Absorption Rate dropped to 4.5 months (down 21.3%) Average Sold Price... [Read more...]

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Colorado State Capitol Dome Repair

Two competing plans to repair the aging Colorado State Capitol dome, are being battled out in the state legislature. A public walkway was closed in 2007 after a 10 pound piece of metal fell to the ground.  Architects estimate it will cost approximately $11.6 million to completely repair the dome. “Weve got to get this fixed” said Senator Mike Kopp, R-Littleton To view more on this story... [Read more...]

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