Where in the World is The Real Estate Market?
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!The Definition Before we head out in search of what appears to be the missing real estate market, we should first revisit the definition of a market. Simply stated, a market, any market, is a place where those with something to sell go to find buyers for their thing, whether a good or a service. The real estate market,... [Read more about this property...]
Real Estate Outlook For 2011: Recovery
Cleaning up the Mess If we were to look at the national real estate market for the past 4 years is we might look at natural disaster, it could be compared to the Haitian Earthquake and Katrina combined. A lot of flimsy houses in Haiti (like flimsy mortgages), and a poor response to the problem (like Katrina). Now in our quest to “never let it happen again”, we wake up to an over-regulated... [Read more about this property...]
2010 Year to Date Denver Area “Distressed Property Sales”
A Definition While a definition of distressed property is elusive, there is little doubt that “short sales” are distressed. We take the position that bank owned property is distressed, because of the action taken for the bank to have acquired the property in the first place. While most people do not think about it, a bank owning too much non-performing real property creates distress with... [Read more about this property...]
Janet Romano
Janet Romano is an accomplished real estate professional. As a representative for Shea Homes selling new homes since 2005, she was able to greatly enhance her knowledge of housing construction and gain empathy for the consumers needs, driven to achieve their goal of establishing a warm and inviting home. In the summer of 2010, Janet changed her professional affiliation to The Berkshire Group,... [Read more about this property...]
Proposition 101
As REALTORS®, we strongly oppose Proposition101. This, measure (along with 60 and 61, discussed in earlier editions of this publication), are ham-handed approaches to cutting taxes that will affect your property values. Colorado is in a position to recover from the recent recession. The recovery will be long and slow, but it is recovering. The question of government efficiency can certainly... [Read more about this property...]
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