Market Conditions
Trends
Update on Mortgage Rates in Boulder
April 13th, 2010 Categories: Buyer's Corner, First Time Buyers, Focus on Boulder, Market Conditions, Trends, Uncategorized
Here is the first of many to come. The Troia team at Coldwell Banker will have frequent market updates for your convenience. So please visit our blog frequently and stay in the loop.
1) 30 year fixed conventional loan is at 5.22% with 0 points. 5% with 1 point
2) FHA 30 fixed is at 5.239% with [...]
Written by Parker Krug | Discussion: No Comments »
Examples Of Short Sale Financial Hardship Letters
March 25th, 2010 Categories: Buyer's Corner, Market Conditions, REO and HUD Talk, Selling Thoughts, Trends
Yes, we can help! Short sales are increasingly common as new government acts have passed to find alternatives to foreclosures. You are not alone. The economy is tough in Boulder Colorado and elsewhere; people are losing jobs and it’s been a difficult time in real estate as property values have dropped below mortgages owed on [...]
Written by Julie Johnson | Discussion: 2 Comments »
Its a buyers’ market afterall, its a buyers’ market afterall….It’s a buyers’ buyers’ market!!!
February 26th, 2010 Categories: Buyer's Corner, First Time Buyers, Focus on Boulder, Market Conditions, Trends, Uncategorized
The fallowing are all definition of a buyers’ market: 1) When the demand for property is less than supply so the advantages shift to the buyer. 2) A market which has more sellers than buyers. Low prices result from this excess of supply over demand. Also soft market or opposite of seller’s market. 3) When a buyers’ market [...]
Written by Parker Krug | Discussion: No Comments »
Buying a HUD home? Confused? It’s not that hard!!
February 18th, 2010 Categories: Boulder Subdivisions and Neighborhoods, First Time Buyers, Market Conditions, Real Estate Tales, Relocating, Selling Thoughts, Trends
So you are in the market for a HUD home. What is HUD, where do I find the, how do I get one?????? This can overwhelm you and may seem confusing but trust me it’s not.
If a loan insured by the Federal Housing Administration or FHA goes in default, the FHA takes certain steps to [...]
Written by Parker Krug | Discussion: No Comments »
Companies to Watch in the Boulder Colorado Area in 2009
March 15th, 2009 Categories: Colorado Round Up, Focus on Boulder, Market Conditions, Market Watch, Relocating, Trends
Nine companies to watch in 2009 in the Boulder Colorado area
Written by Karen Cifala | Discussion: No Comments »
Stimulus or Depressant – What Do You Think?
February 20th, 2009 Categories: Buyer's Corner, Market Conditions, REO and HUD Talk, Trends
We have all been reading and hearing about all the bail out bills and the latest $75 billion to aid homeowners at risk of losing their homes.
I found this clip on CNBC which is entertaining and might be right on. Watch and tell me how you feel. See Rick Santelli take down Cramer!
Written by Ro Troia | Discussion: 2 Comments »
Aid Coming to 9 Million Homeowners
February 18th, 2009 Categories: Buyer's Corner, Colorado Round Up, Market Conditions, Trends
A 75 billion $ plan is in the works that would subsidize rates and insure servicers against falling home prices. How will this work, well supposedly, the plan will make it easier for homeowners to modify their current mortgage to make monthly payments affordable. Obama’s bill is focusing on homeowners who are current on the mortgage [...]
Written by Ro Troia | Discussion: 1 Comment »
RATES FLAT DESPITE MORE NEGATIVE ECONOMIC DATA
February 6th, 2009 Categories: Buyer's Corner, First Time Buyers, Market Conditions, Real Estate Tales, Relocating, Selling Thoughts, Trends
Mortgage interest rates were mostly flat this past week despite continued negative economic data. Today’s January employment report showed that the unemployment rate jumped from 7.2% in December to 7.6% in January. This is the highest unemployment rate in 16 years. Non-Farm Payrolls declined 598,000 on expectations that they would decline by 500,000. This is [...]
Written by Ro Troia | Discussion: No Comments »
RATES FALL SLIGHTLY ON FOMC ANNOUNCEMENT
December 19th, 2008 Categories: Buyer's Corner, First Time Buyers, Market Conditions, Relocating, Selling Thoughts, Trends
Mortgage interest rates fell slightly this past week as the Fed cut the discount rate by 75 basis points at the conclusion of its FOMC meeting on Tuesday. Additionally, the Federal Reserve stated that they would purchase large quantities of agency debt and mortgage backed securities to support the mortgage and housing markets. The yield [...]
Written by Ro Troia | Discussion: No Comments »
RATES FALL AGAIN ON NEGATIVE ECONOMIC DATA
December 13th, 2008 Categories: Buyer's Corner, First Time Buyers, Market Conditions, Relocating, Selling Thoughts, Trends
Interest rates fell slightly again this week on continued negative economic data. October Wholesale Inventories and weekly jobless claims were much weaker than expected. November Retail Sales fell 1.8%. Excluding automobile sales, Retail Sales were down 1.6%. The November Producer Price Index (PPI) fell 2.2% on expectations that it would fall 1.8%.Excluding the food and [...]
Written by Ro Troia | Discussion: No Comments »
