Real Estate News, Statistics, Advice about Buying, Selling, Financing and Maintaining your Colorado Home.
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I laughed so hard when I saw this picture. It has nothing to do with #RealEstate but if you have used the internet longer than 2 days I hope you will appreciate it as well.
Colorado’s unemployment rate in May stayed at 2.3 percent, maintaining its lowest-ever level — and the lowest nationally — as jobs in the private sector grew and government employment in the state fell slightly. The largest private sector job gains were in trade, transportation, and utilities, education and health services, and leisure and hospitality. The largest declines were in professional and business services, and manufacturing, according to the labor department. The state’s record-low unemployment rate is a mark visited only four other times by any state in recent U.S. history. The rate is so low, it is acting like an anchor on the state’s economy, leaving thousands of jobs unfilled and hurting the ability of businesses to meet customer demands, economists warned. Colorado’s unemployment rate has been steadily dropping since February, when it was at 2.9 percent. In May 2016, the level was 3.4 percent. The state says nonfarm payroll jobs have increased by 62,000 over...
Many of you heard that there was a window of opportunity for us yesterday for us to be able to ship for closings for HUD transactions. As of 5pm yesterday HUD will no longer accept any more sets of figures for this week and due to the VA holiday. This mandate will stay in place because these closings are still with MCB and the switch to the three new asset managers still has not taken place and this is for a temporary time only.
7 residential closings up 700% over the same period in 2007. Absorption Rate is ok at 9.0 months. Its not possible to determine any kind of trend since the first three months of 2007 only saw one sale. but it is very encouraging that the sales are off the roof during the same period in 08. Also checkout the average sales price. Jan - March 2007 Jan - March 2008 % Change # of sales closed 1 7 700% # of sales Closed - YTD 1 7 700% Avg Days on Market 229 136 -59% # of Active Listings - 21 - Absorption Rate (months) - 9.0 - Average $ per SqFt 105 148 141% Average Price (Sold) 406,800 622,314 153% Click here for active homes for sale in Piney Creek Absorption Rate Definition Disclaimer - the information and commentary provided in this Blog are opinions of Homes And People and should be used for informational purposes only. All sales data is from the MLS and the information is deemed reliable but not guaranteed.
Whether a home survives a wildfire is not random, nor is it a function of luck, most homes that exhibited attributes promoted by the FireSmart program -- including keeping combustible vegetation away from the house, uncluttered yards and low-flammability roofs and surfaces -- survive fires. It seems clear that the survival of homes was a function of resistance to ignition and not a random event or a matter of luck, Beyond doubt, risk mitigation (FireSmart) guidelines demonstrated their effectiveness in mitigating risk under the harshest of wildfire conditions. Most homes caught on fire as the result of embers from the forest fire landing on their property. "Based on site visits, no instances were observed where home ignition could confidently be attributed to direct contact by flames of the burning forest, and there were very few observations where home ignition was likely due only to radiant heat from the forest. Other studies have shown that embers generated by burning vege...
First-timers can be eager to jump into home ownership. But real estate experts say they see them committing the same mistakes, time and time again. Here are some of the most common ones, as identified by experts in a recent CNBC article: Read Article 1. They’re unprepared to compete against all-cash offers. 2. They place a car ahead of the home. 3. They place too much emphasis on online loan information. 4. They bank too much on online home values. 5. They forgo the home inspection.
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