Parker Colorado Real Estate

When searching for Parker Colorado real estate properties, single family homes, condos and townhomes you have come to the right place. Here you will find purchasing, mortgage and insurance information for multi family, duplex and income properties as well as market information and trends on the local area.

Posted on 2007-06-08 14:49:29 Current Market Trends for 2007

Well, there seems to be some soft mumbling about that the Denver area real estate market may be waking up from a long slumber. It may be too early to tell but we are starting to see some subtle signs of change. I am not talking of the mass media hopefuls that are making the broad and general statements that its a great time to buy but rather watching the actual local data of homes sold, prices and foreclosure rates.

Posted on 2007-01-04 11:33:58 Tackling Colorado's Foreclosure Problem

With the New Year started and newly elected officials now ready to get to work one of the issues both sides have agreed to take on is the foreclosure epidemic that has hit the Denver area. However, deciding what legislation will actually protect the comsumer from themselves is not easy. Everyone is in heated debate over doing away with 100% financing, prepayment penalties, licensing mortgage brokers, enacting legislation to keep appraiser independent from the mortgage broker and even allowing civil lawsuits against everyone from the mortgage broker, appraiser and borrower.

Posted on 2006-12-20 15:40:14 More on Foreclosures

It was reported over the weekend that Colorado dropped to the number two position for having the highest rate of foreclosures. This may be a relief to many but don't get a false sense of hope. As one leading economist put it, "this is the tip of the ice berg". The Mortgage Bankers Association reported in their delinquency survey last week that approximately 1 in 20 mortgage holders were at least 30 days late on their mortgage in the third quarter.

Posted on 2006-12-13 16:02:15 Are Foreclosures a Good Investment?

I often get calls regarding interest in buying HUD or bank owned property or a/k/a foreclosure properties. Everyone assumes that by being a foreclosure property it is by default a good deal. However, that is not always the case and could increasingly become less so. Let me explain.... If you went back in time, before all the creative financing, where buying a home meant dropping a twenty percent down payment, you would find a place where it was more favorable to get a "good deal" on a foreclosed property.

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