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1131 WEST RIDDLEWOOD ROAD. LITTLETON, CO 80129

1131 WEST RIDDLEWOOD ROAD.  LITTLETON, CO 80129  Single family house foreclosure in Highlands Ranch Subdivision: HIGHLANDS RANCH   Legal Description: LOT 144 HIGHLANDS RANCH FILING NO. 121-B, AMENDMENT NO. 1, COUNTY OF DOUGLAS, STATE OF COLORADO.   Loan Details Deed Of Trust Reception No.: 2004127865       Recorded: 12/17/2004    Type of Loan: CONV   Original Note Amount: $216,000.00  Outstanding Balance as of FC Filing: $228,804.79  Interest Rate: 5.890%  Pre-Sale Information Election & Demand Reception No.: 2015024441     Recorded: 04/16/2015   Combined Notice Mailed: 04/20/2015  Cure Intent Due By: 07/21/2015   Original Scheduled Sale Date: 08/05/2015  Current Sale Date: 08/05/2015 
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48% of Homes Sell in Less Than a Month in 2017

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Forty-eight percent of homes sold in March were on the market for less than a month, according to housing data from the National Association of REALTORS®. The average for all sold properties, though, was a little higher, at 34 days. Still, that's down significantly from 47 days a year ago, according to NAR. Nondistressed homes spent a median of 32 days on the market, which is the shortest length of time since NAR began tracking such data in May 2011  reveals that the following metro areas had listings on the market the shortest amount of time in March: San Francisco-Oakland-Howard-Hayward, Calif.: 25 days Seattle-Tacoma-Bellevue, Wash.: 28 days Denver-Aurora-Lakewood, Colo.: 28 days Vallejo-Fairfield, Calif.: 31 days With strong buyer demand supporting shorter times on market, home prices are rising as well. The median existing-home price for all housing types was $236,400 in March, up 6.8 percent from a year ago. "Last month's swift price gains and the remark...
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Hud closings on hold update.

The latest updated on the temporary hold for HUD transactions is that all files that were currently with MCB are currently in transit to the three new asset managers (HomeTelos, Matt Martin Realty and Pemco).  We are told they should all have their inventory by this coming Monday, November 8, 2010.  Whether or not they will be ready to open their doors for “business” we have not yet been advised however we would imagine that they are as anxious as everyone else to get going as they have been staffed for quite some time and as we all know that requires money.   For those of you who have files to that need to get to the closing table the question will be which asset manager has your file and how ready will they be to get it to the closing table?    
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Silicon Valley house on the market for only $800K!!! What in the world?

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Eight hundred thousand dollars is certainly not an unheard of price in the world of residential real estate, as prices shoot up in hot markets such as New York, the District of Columbia, and the San Francisco Bay area. But what that amount buys in San Jose, a main node of Silicon Valley and its soaring estate prices, drew a second look: a debilitated, burned shell of a home on a small overgrown lot of the type your parents might have warned you to stay away from. The median home value in San Jose is $1,078,300. That's up 23.9% over the past year, and is predicted to rise 8.4% over 2018. The fact that severe fire damage only bumped that average down to $800,000 says a lot about the area's market, where available housing is sparse and residents prioritize proximity to their employment. PS: I just checked about an hour ago, so by the time you read this article know that the house is already under contract. I guess Metro Denver and Centennial prices are not that high after a...
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