October 2008 - Posts

Denver's Commercial Market at the Top
12 October 08 11:58 AM | Steve Hewson | (Comments Off)   
Metro Denver's commercial real estate market continues to be a bright star among large U.S. cities. National and international investors have Denver on their radar screen for investment. Commercial transaction volume is down from the prior year but Read More...
Income Property 101: Revisiting the Benefits of Investing in Income Property
11 October 08 04:22 PM | Steve Hewson | (Comments Off)   
In this financial climate, investors need to re-think their allocation of assets between cash, stock, bonds and real estate. We recommend revisiting the 6 advantages of investing in income properties: Leverage. Investors receive two benefits from using Read More...
Where Does Real Estate Go From Here?
11 October 08 06:23 AM | Steve Hewson | (Comments Off)   
Buyers, sellers and investors of real estate are asking us and themselves this week, “What should I do during the financial turmoil we are hearing this week? Here are a few of our thoughts. Study the markets, interest rates, financing, economic Read More...
Financial Crisis Has Impact on Interest Rates and Real Estate Purchases
10 October 08 08:06 PM | Steve Hewson | (Comments Off)   
This week saw the U.S. financial crisis spread internationally. With all the volatility and uncertainty in the worlds markets, what has been the effect on interest rates and home purchases? This week we have seen mortgage rates falling. Good news for Read More...
Denver Real Estate Market Starting to Recover
09 October 08 06:29 AM | Steve Hewson | (Comments Off)   
The Denver Post, in a October 8, 2008, article points to data indicating an improvement in the Denver residential resale market. Recently released data, The Post says, reveals a 14.1 percent increase in homes sold in September 2008 compared to September Read More...
What is the Impact on Real Estate Post-Bailout?
06 October 08 05:14 AM | Steve Hewson | (Comments Off)   
Fannie Mae (FNMA) and Freddie Mac (FHLMC) are no longer with us as the federal government has taken them over under the Economic Stability Act. Lawerence Yun, Chief Economist for the National Assoication of REALTORS (NAR) has made some predictions. He Read More...
Denver's Bungalow Architectural Style
05 October 08 05:05 AM | Steve Hewson | (Comments Off)   
Built in 1921 this one-story bungalow represents the style of homes built in Denver in the first 30 years of the 20 th century. The style is representative of the Craftsman-Style (1890’s-1920’s) and the Bungalow-Style (1905-1930). The Craftsman-Style Read More...
Denver's Historic Arlington Park and Alamo Placita Neighborhood
04 October 08 08:33 PM | Steve Hewson | (Comments Off)   
Denver's Arlington Park subdivision in Capitol Hill is part of the larger Alamo Placita historical neighborhood, both being named for the nearby parks. Arlington Park and Alamo Placita Park illustrate the early plan to develop parks facing each other Read More...
Senate Passes Rescue Plan
01 October 08 10:00 PM | Steve Hewson | (Comments Off)   
The Senate stepped up to the plate Wednesday night and passed the rescue plan by a 74 to 25 vote. This vote now challenges members of the House who previously voted against a plan and now expected to vote again this Friday on the bailout. Key features Read More...
Colorado Governor's Third Quarter Economic and Revenue Forecast
01 October 08 09:00 PM | Steve Hewson | (Comments Off)   
Colorado's Governor has just released his Third Quarter Economic and Revenue Forecast. Here are highlights from the Economic Forecast: "Although certain parts of the State remain distressed by foreclosures, the current state of the residential Read More...