Health of Real Estate Market

65% of home buyers still want to buy a house

65% of home buyers still want to buy a house

According to a study released today by Prudential, 65% of home buyers surveyed claim that the expiration of the home buying tax credits will not have an effect on their decision to purchase a home. A little less than half of home owners expect prices to increase in their area over the next year and 20% expect prices to increase substantially over the next 5 years. What I find far more...

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Forbes names Denver metro area one of top ten places where it’s better to buy than rent

Forbes names Denver metro area one of top ten places where it’s better to buy than rent

Forbes magazine took a whole bunch of data, crunched it together and determined that the Denver metro area is one of the top 10 places in the US to buy a house right now because it’s a better buy than rent. (If you want to see the actual link to the Denver metro area you have to click on the slide show within the article.) Some of the data they examined was: What you would pay to rent vs....

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Foreclosure rate in Colorado 5.46%

Foreclosure rate in Colorado 5.46%

Found this link today which shows the foreclosure rate in each state. Note that Colorado’s foreclosure rate is 5.46% which means that more than 94% of the homes in Colorado are NOT in foreclosure. Florida, California, Arizona and Nevada still lead the nation’s foreclosures by good measure which if you only count what you see on the nightly news you’re likely surprised, right? ...

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