Denver named top 3 Cities on Edge

Posted on May 24, 2011 by Roy

 

Great news for Denver… First Annual ‘Cities on the Edge’ Study Finds San Francisco, Boston and… — SHELTON, Conn., May 24, 2011 /PRNewswire/ –

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Buy foreclosures via IRA, 401k’s and Co Pensions?

Posted on May 3, 2011 by Roy

Purchase foreclosures through your Roth IRAs, 401(k) plans and company pension plans?  A bill introduced in the U.S. House of Representatives would waive early distribution penalties on certain qualified retirement plans if the funds are used to buy a house that has been in foreclosure for a year or more…. 

http://www.housingwire.com/2011/04/18/bill-would-waive-retirement-plan-withdrawal-penalties-to-buy-reos? 

Posted in Home Buyers, Uncategorized | 2 Comments

Foreclosed? The tax man may want his cut

Posted on April 15, 2011 by Roy

Did you lose your house to foreclosure this year? Did your lender forgive some of your mortgage debt because the house sold for less than it the mortgage balance? If so, you could be facing a big tax hit.  Read the CNN Money link below:

Foreclosed? The tax man may want his cut.

Posted in Short Sales, Uncategorized | 8 Comments

Denver housing stats and trends

Posted on April 8, 2011 by Roy

Empire Title Front Range Housing Stats for February 2011 

Denver Metro real estate market trends graphs…ever wondered about historical average sales prices, number of sales per month,  historical listing inventory, inventory in number of months, months of inventory per month by price range…fantastic data provided by Empire Title…check it out!

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Real estate shadow inventory stats

Posted on April 8, 2011 by Roy

CoreLogic_Shadow_Inventory_March_2011_FINAL_033011  Shadow inventory declines by 10%…how do you find “shadow inventory” in Denver metro?  We now have the ability to track shadow inventory from foreclosure notice-sold at the county court house-to a silent REO.  This are un-listed properties affecting absorption and how it can affect pricing.

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The Upcoming 3.8% Tax and Real Estate

Posted on February 11, 2011 by Roy
Beginning January 1, 2013, a new 3.8 % tax on some investment income will take effect.  Since this new tax will affect some real estate transactions…click here for brochure   What are your thoughts?
 
3.8% Tax
Posted in Home Owners Selling | 1 Comment