Denver Homeowners Refinance Opportunity
April 16, 2012 by Bob Schenkenberger · Leave a Comment
New loan programs have opened up refinancing to people that were previously denied. The only main criteria is that your loan was closed before June 1 2009 and you must be current on your mortgage. If you are unsure of the date, I can help you find it. This loan will allow you to refince [...]
Denver Real Estate Activity WAY Up!
April 2, 2012 by Bob Schenkenberger · Leave a Comment
The amount of activity in the Denver Real Estate market is way up! I’ve told anyone who will listen, that the last 3 months have been busier than at any time in the past 4 years. The data is backing up my spidey senses on this one. The absolute BEST indicator of activity in the [...]
HUD Awards $1.27 Million to Assist Colorado Homeless
March 14, 2012 by Bob Schenkenberger · Leave a Comment
****PRESS RELEASE**** HUD AWARDS $201 MILLION FOR NEW LOCAL HOMELESS PROGRAMS Funding to support 731 programs including 103 projects located in rural communities WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded nearly $201 million to support 731 new local homeless programs across the country. This fundingprovides critically needed emergency shelter, [...]
Denver Real Estate Market Statistics February 2012
March 7, 2012 by Bob Schenkenberger · Leave a Comment
Great News for the recovering Denver Real Estate Markets! February – 2012 Real Estate Market Update Entire MLS (All Areas) Residential Highlights 13.7% Increase in closed sales year over year 45.5% Decrease in Absorption Rate (4.2 months) 39.7% Decrease in active listings year over year (8,202) 2.1% Increase in average sold price ($270,821) Condo/Townhome [...]
Colorado Housing Authority Awarded $10 Million
February 13, 2012 by Bob Schenkenberger · Leave a Comment
***PRESS RELEASE*** HUD AWARDS COLORADO HOUSING AUTHORITIES $10 MILLION TO IMPROVE, PRESERVE NATION’S PUBLIC HOUSING STOCK Congress gives approval to test HUD comprehensive affordable housing preservation program WASHINGTON – U.S. Department of Housing and Urban Development Secretary Shaun Donovan awarded today public housing authorities in Colorado $10,307,643 that will be used to make major large-scale [...]
Denver Real Estate Investment…a Ripe Opportunity
January 12, 2012 by Bob Schenkenberger · 2 Comments
Watch this Video for a national perspective on the fundamentals of Investing in Denver Real Estate. If you have considered investing in real estate but all of your disposable income is tied up in retirement accounts, I have a solution! You can ABSOLUTELY use your personal IRA account as a self-directed vehicle to buy single family [...]
Foreclosure and Short Sale Affect Ability to Get Mortgage
November 4, 2011 by Bob Schenkenberger · 1 Comment
When clients are facing foreclosure, the Get Home Denver Team counsels clients as to their options. These options include Selling the home if there is enough equity, loan modification, refinancing, bankruptcy, doing a “short sale”, and letting the bank foreclose. Of these, foreclosure and short sales are the most common. One of the most often [...]
Metro Denver Real Estate Statistics September 2011
October 10, 2011 by Bob Schenkenberger · Leave a Comment
The September sales information had a few positive and not so positive signals. September, 2011 combined MLS Residential Statistics had the following changes compared to September of 2010. The Number of Closed Sales increased (up 12.5%%, to 2,610) Average Days on Market remained consistent at 99 days Number of Active Listings decreased 28% to 12,613 [...]
Denver Metro Area Real Estate : August 2011 Stats
September 8, 2011 by Bob Schenkenberger · Leave a Comment
There are a number of positive signs in this months report; August, 2011 combined MLS Residential Statistics had the following changes compared to August of 2010. The Number of Closed Sales had a significant increase (up 28.4%, to 3,177) Average Days on Market increased slightly to 96 days Number of Active Listings decreased 24% to [...]
Denver Real Estate Market Report – August 2011
August 23, 2011 by Bob Schenkenberger · Leave a Comment
Everyone is aware that the real estate market has cycles, and this is true for the number of monthly sales. The summer months always tend to have the highest number of closed transactions during any given year, and the selling season in 2011 has followed suit. June and July sales both topped the $1 Billion [...]