Month: August 2013

Why Home Prices Will Hold or Go Up

Home buyers are hoping that higher rates will cause prices to come down, and while it could certainly happen - here are reasons why they won't: Prices have increased so much, so fast, that sellers are emboldened.  If it would have taken the 5-10 years to bottom out...

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CA Anti-Deficiency Law

It sounds like this erases the record altogether - from C.A.R. Effective January 1, 2014, California’s anti-deficiency laws that generally prohibit a foreclosing lender from obtaining a deficiency against a borrower have been expanded to also prohibit the lender from...

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Inventory – Plenty To Go Around

Buyers on the lower end can rejoice that there is more inventory - there are 50% more houses for sale under $1,200,000 then there were in early May. Of course, all that means is that more buyers are holding back, and sellers aren't adjusting fast enough: The...

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Boomers Downsizing

As the Colorado housing market rebounds, baby boomers are becoming a key player. Housing prices are up, and interest rates are low which makes this the perfect time for many baby boomers to sell those big houses they raised their families in and downsize into much...

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