Housing Affordability at Record High
May 27, 2011 by Bob Schenkenberger · Leave a Comment
[facebook_ilike] Real estate affordability sets record in Q1 - 74.6% of homes affordable to median-income households! Housing affordability hit a new record high in the first quarter, surpassing the record set in fourth-quarter 2010, according to an index released by the National Association of Home Builders and Wells Fargo today. The Housing Opportunity Index found [...]
Denver Real Estate – April Housing Numbers
May 26, 2011 by Bob Schenkenberger · Leave a Comment
[facebook_ilike] Denver Metro Area Single Family Homes & Condos – April 2011 Inventory is up 1% compared with prior month and down 9% compared with same month a year ago Sales in April were up 7% at 3,429 units, compared with last month figures o When comparing sales activity from April 2010, there was an 18% [...]
Investor Properties
May 28, 2008 by Bob Schenkenberger · Leave a Comment
photo credit: cioproject I’m witnessing an interesting trend. Investment property opportunities are much tougher to come by than only a couple months ago! Earlier this year, we were finding 2-3 properties per week that would meet our “Great Deal” or “Wholesale” criteria. That is, a property available for purchase at a price that was at [...]
Colorado Politicians Pushing Foreclosure Hotline
April 21, 2008 by Bob Schenkenberger · 1 Comment
I wanted to pass along this great article about Colorado Foreclosures from the Rocky Mountain News. Governor Bill Ritter and Senator Ken Salazar are urging Colorado Homeowners to use the free counseling hotline for those in the danger of Foreclosure. The hotline connects homeowners with about a dozen nonprofit counseling agencies. Since October of 2006, [...]
Facts, Schmacts…Don’t get pigeon holed!
April 15, 2008 by Bob Schenkenberger · 4 Comments
For the past 5 months I’ve been espousing the virtue of the current Denver Real Estate market. Statistics were not backing up my rosy opinion, but statistics are funny things. They are always open to interpretation, and my gut was giving me a very optimistic feeling. I have people ask frequently my opinion on certain [...]