Top 5 Markets Poised for a Rebound
May 19, 2009 by Bob Schenkenberger · 1 Comment
The national press is now getting involved. This video clip is from the Today Show on NBC, where Real Estate expert Barbara Corcoran picked Denver as the NUMBER 1 market in the country for a real estate rebound! It is nice to see others validating what we’ve been saying for months! Some of the reasons [...]
Tax Credit and the ARRA
March 24, 2009 by Bob Schenkenberger · Leave a Comment
I just got this email from US Senator Michael Bennet. Since it relates directly to the housing market, the local economy, and the $8000 tax credit for home purchases, I wanted to share it here. Dear Fellow Coloradan, We all know that the struggling economy has put enormous pressure on Colorado’s families and businesses. That’s [...]
Info That Hits Us Where We Live
March 12, 2009 by Bob Schenkenberger · 1 Comment
Image via Wikipedia The National Association of Realtors (NAR) Pending Home Sales Index, that tracks housing affordability, rose to a record level in January. This was a result of the combination of mortgage rates, family income and home prices in January were “the most favorable since tracking began in 1970,” according to the group. NAR [...]
2009 Stimulus Plan – Not So Stimulating
February 13, 2009 by Bob Schenkenberger · 2 Comments
I’m not sure how handing the states billions of dollars for education and medicaid will help the economy, but the lawmakers must be smarter than me. I don’t know why it still shocks me when a bill with a specific purpose becomes so multi-faceted that no one really knows all that’s in it. A quick [...]
Simple Math of Real Estate Markets
February 11, 2009 by Bob Schenkenberger · Leave a Comment
A few days ago the Rocky Mountain News published an article headlined “Worst January Ever For Home Sales.” What criteria they used to determine it was the worst ever was not disclosed. The Rocky simply broad stroked the criteria as “by many measures.” I would like to know what measures make this the worst ever. [...]
Is Staging Just a Trend?
January 28, 2009 by Elaine Manes · 4 Comments
Will home staging follow the way of the mullet, acid wash jeans, and pet rocks? Here today, gone tomorrow? I believe staging is here to stay for the same reason you would get your car washed before selling it, or take a shower before going out on a date. It just makes sense to present [...]
Get You Some Tax Credit!
January 6, 2009 by Bob Schenkenberger · 1 Comment
Even before the historic 2008 election, the bailouts of AIG, the Banking Industry and the Auto Makers, there was a program in place to help stimulate home purchases. In fact, I wrote about it in August 2008. But, with the start of a New Year, I thought it wise to re-visit the program. The [...]
2009 Predictions and Promises
January 2, 2009 by Bob Schenkenberger · 5 Comments
Happy New Year! 2009 will bring with it some exciting opportunities in the world of Denver area, Real Estate. Predictions: Foreclosure and Short Sale Transactions will continue to dominate the Denver Real Estate Market. Those looking to buy or invest in properties will get better deals than anytime in the past 20 years. The inauguration [...]
2008 Denver Real Estate in Review
December 29, 2008 by Bob Schenkenberger · 1 Comment
2008 was a difficult year for the US real estate market. Denver was not immune to the epidemic of foreclosures, and general market malaise. However, Denver fared much better than most other markets around the country. In fact, I predicted in Feb. 2008, that the Denver Real Estate market was on the mend. This, in [...]
Inventory Drops, AGAIN!
November 8, 2008 by Bob Schenkenberger · 2 Comments
The number of unsold homes in the Denver area continues to decline. In October there were 23,120 homes on the market, a 20.1% drop from 2007! Inventory hasn’t been this low since January 2005, when there was slightly less than 21,000 homes available. One of the primary reasons for the lessening inventory is the fact [...]
