The Real Estate Market Cycle
September 2, 2008 by Bob Schenkenberger · 3 Comments
This video is very informative and explains the reasons for real estate market corrections. It also gives an historical perspective of where we’ve been, and the inevitable result of any downturn. A big shout-out and Thank You to Ted Mackel and the Homebuysblog from Simi Valley, for finding this gem! Explaining the market is much [...]
More Positive NEWS
August 29, 2008 by Bob Schenkenberger · Leave a Comment
GOOD NEWS for the Colorado Market… act now before it’s too late For Colorado as a whole, prices rose by 1.82% in the past year and by 0.32% in the second quarter please see the attached article from the Denver Business Journal for more detail. As a mortgage professional in the industry I have the [...]
Closing Costs vs. Interest Rate…How to Choose?
July 1, 2008 by Bob Schenkenberger · 1 Comment
photo credit: TW Collins Once you feel comfortable that you have a mortgage professional who can advise you, here are some secrets for shopping effectively. First, just like anything else IF IT SEEMS TOO GOOD TO BE TRUE, IT PROBABLY IS. No one has a commodity on rates- interest rates all come from the same [...]
Decorating to sell? Less is MORE!!!
June 30, 2008 by Elaine Manes · 3 Comments
Decorating your home to fit your lifestyle, and decorating your home to sell are VERY different! You may have displays of treasured collections, items you have picked up on your travels, or family memorabilia. There are two reasons to pack it all away when you put your home on the market. The first is that [...]
Denver “Poster Child” for Mass Transit
June 18, 2008 by Bob Schenkenberger · Leave a Comment
In a recent NBC news report, the Light Rail system in Denver, was referred to as the “Poster Child” for our Mass Transit system. With the high cost of fuel, living near mass transit makes environmental and financial sense! There are many great communities, and neighborhoods within walking distance to Denver’s light rail system. The [...]
“THE CREDIT CRUNCH”- what are investors looking for these days???
June 9, 2008 by Bob Schenkenberger · 1 Comment
photo credit: amishsteve There’s no simple answer to how the housing market got into this mess but the bottom line on the credit crunch is you do NOT have to have 720 fico with 20% down to get a loan. What are Investors (Mortgage Lenders) looking for these days- credit, income and equity. These criteria [...]
Denver Neighborhood Enjoys Price Gains!
June 6, 2008 by Bob Schenkenberger · 2 Comments
When it comes to falling home prices, One Size does not fit all! The Lowry neighborhood in Southeast Denver has been one of the best performing neighborhoods in the Denver area and has experienced an average 8% gain per year, from 2000-2007. You can view the full report here.
Demystifying Real Estate Investing
June 5, 2008 by Bob Schenkenberger · 2 Comments
photo credit: respres According to The Millionaire Real Estate Investor by self-made millionaire and real estate investor Gary Keller, most successful real estate investors have had to overcome certain beliefs that later proved to be unfounded. Some of these beliefs center around the way they view themselves as investors, and the others are focused on [...]
Lowry Community Sees the Light
June 2, 2008 by Bob Schenkenberger · 1 Comment
Denver based Lend Lease Communities is doing a study to see if the solar resources are available to supply power on the 3870 acre planned community southeast of Denver. Testing should last for 12-24 months and if all is OK, they hope to become the first “large-scale” Colorado community to use solar as a power [...]
When an Agent Buys a Home – Part IV
June 2, 2008 by Mike Whalen · 2 Comments
photo credit: David Watson My goal in working with Buyer clients with a contract to purchase a home is always to make the Closing a non-event. I strive to make sure all the footwork is done beforehand so when we sit down at the Title Company to sign the forest of documents that is a [...]