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Denver home market shows further improvement - Sales and selling prices of existing homes in metro Denver improved again in February, showing that the housing market continues to slowly recover. Highlights of last month’s home sales included:* An increase in sales of $1 million-plus homes* A 20% jump in the average selling price for condos* A 15% rise in median sold price for houses“Denver is coming out of the recession a little faster than everyone else. … People are out looking at and buying homes, looking at the affordability factor and marketability factor,” said Gary Bauer, an independent residential real estate broker in Littleton and Metrolist analyst.http://www.bizjournals.com/denver/stories/2010/03/08/daily22.html?s=industry&i=resi_real_estate
Home Buyers Check Out Apps - Just in time for the spring house-hunting season, smart-phone applications that provide information to home buyers are proliferating. Real-estate firms now feel compelled to have an "app" for Apple Inc.'s iPhone and other smart phones. Many of the apps' functions — such as listing which nearby homes are for sale and which have sold recently, then fetching pricing and other data — have long been available via traditional Web sites. But the apps combine those functions with smart phones' global-positioning technology, so that users can get information on their immediate surroundings without having to type the address or zip code.http://online.wsj.com/article/SB10001424052748704869304575109593428854262.html?mod=WSJ_Real+Estate_LeftTopNews
Additional articles that you may find of interest:
Metro home prices rise 15% over Feb. 2008http://www.denverpost.com/business/ci_14643214
Colorado Realtors launch certification programhttp://www.bizjournals.com/denver/stories/2010/03/08/daily23.html?s=industry&i=resi_real_estate
Census will give about 8,000 Coloradans jobshttp://www.denverpost.com/business/ci_14643411
Denver housing market strong in Februaryhttp://insiderealestatenews.com/2010/03/denver-housing-market-strong-in-february/
Nine Leadership Mistakes to Consider As You Rebuild Real Estatehttp://realtytimes.com/rtpages/20100310_nineleadership.htm
Fewer Sellers Are Cutting Priceshttp://www.realtor.org/rmodaily.nsf/pages/News2010030901
Mortgage Fraud Investigations Are Climbinghttp://www.realtor.org/rmodaily.nsf/pages/News2010030902
Comments on loan quality; interesting FICO numbers; will the Fed sell their MBS's? Apps up, rates steadyhttp://www.robchrisman.com/
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