Posts Tagged ‘be informed’

Cybercriminals targeting home buyers

  Cybercriminals targeting home buyers and sellers nationwide. Tips on how to protect yourself. This past February, a Colorado seller lost over $80,000 from the sale of their property to one of these scams. How do the scams work? Often the computer hackers monitor email exchanges between the parties of a real estate transaction and gain…

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Existing home sales

  After a strong start to summer, New Home Sales took a dive in July. The Commerce Department reported July New Home Sales fell by 9.4 percent from June to an annualized rate of 571,000 units, below the 615,000 expected and a seven-month low. On a positive note, June was revised higher to 630,000 units…

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Investors to react

Tensions between the United States and North Korea heightened this week, causing investors to react and move dollars into the less-risky Bond markets. Stock markets plunged as a result. Meanwhile, inflationary pressures here at home were anything but tense. Wholesale inflation in July was tame. The Producer Price Index (PPI) and Core PPI, which excludes…

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House Bill Regarding Marijuana

House Bill 17-1220, places limits on the number of marijuana plants that can be possessed or grown on a residential property. Large residential marijuana grows and the manufacturing operations they often bring with them have many consequences, including obvious health and safety concerns, an increase of both human and automobile activity, extensive odors, and potential stigmatization…

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Housing News

  Existing home sales surged to a 10-year high in January. Demand remains strong as buyers shrug off increasing prices and higher mortgage rates. A survey of 30 analysts by Reuters predicts home prices will rise at almost double the current rate of underlying inflation and wages over the next few years. Small investors buying…

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Bonds and Interest rates

The week is loaded with headline reports. Which ones will land above the fold and move markets? Pending Home Sales will be delivered Monday. Manufacturing data releases start on Monday with Durable Goods Orders. The Chicago PMI will be released Tuesday, followed by the ISM Index Wednesday. The second estimate for first quarter Gross Domestic Product will be watched by investors as well…

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Positive Momentum for Denver Metro Housing Market

According to the latest data from REcolorado, the provider of REcolorado.com, the most popular, locally run home search site for Colorado home buyers, sellers and renters, the Denver Metro Area housing market carried its positive momentum into 2017 with single family home sales and prices both rising in January. According to REcolorado market statistics for the…

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Housing Numbers

Housing numbers, Retail Sales and inflation data told quite the tale, while words from the Fed chair also caught people’s attention. In housing news, Housing Starts slipped in January but still beat expectations. The Commerce Department reported Housing Starts declined 2.6 percent in January from December to an annual rate of 1.246 million. However, Housing…

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Mortgage Bonds were knocked down

Mortgage Bonds were knocked down in the latter part of January, rallied as February picked up steam, and then dropped again. Mortgage Backed Securities, the type of Bond to which home loan rates are tied, worsened after a five-day rally. These Bonds have not been able to break above the resistance level set in November 2016.…

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Smart City Coming

There isn’t much else to see right now at Pena Station Next, the connected neighborhood where autonomous shuttles will one day transport residents to the nearby RTD rail stop, shops and restaurants. But at the recent Consumer Electronics Show in Las Vegas, Panasonic, a partner in Denver’s smart city project, gave attendees a closer look at…

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