Posted by: Bart Schroeder on: November 9, 2009
Finally! A break for those of us complaining that First Time Homebuyers are snapping up all the incentives. Congress ultimately reasoned that it makes sense to apply stimuli elsewhere in the economy. Hello, Move Up Home Buyers! Those of you who have owned their current homes at least five years will now be eligible for tax [...]
Posted by: Bart Schroeder on: October 20, 2009
Among the more interesting endeavors of our chief statistician (and managing broker) Lon Welsh is a four decade study of Sales Prices in the Denver metro area. At times like this, when a “sky is falling” mentality prevails, it is helpful to examine current events in a historical context. Consider, for example, the predecessor to [...]
Posted by: Bart Schroeder on: October 13, 2009
This question of “which is best” begs for a simple straight-forward answer. Unfortunately, when you consider the many variables (and, therefore possible answers) at work here, it soon becomes apparent that an an iterative process of several answers to several questions is in order. So, the answer to the big question becomes merely the sum [...]
Posted by: Bart Schroeder on: August 25, 2009
One of today’s soundest investments is never touted in financial-services ads. The reason: Wall Street wouldn’t make any money off it. Since 1974, Americans have had the ability to use IRA assets to buy investment property. Yet the means to do that — called a self-directed IRA — remains one of the least known and [...]
Posted by: Bart Schroeder on: July 2, 2009
If you are a Buyer, Seller or Investor, you are affected by HB 1091 which became law on July 1. This law now mandates that Carbon Monoxide detectors be installed in the majority of homes. The law is the result of outcry surrounding a couple of well publicized, tragic deaths in the past year. Since [...]
Posted by: Bart Schroeder on: May 30, 2009
In my last post on this subject, I suggested that it’s time to take another look at this “Fallen Star”. For a review and background, see my earlier post here. Well recent stats are validating that premise that now may be the time to buy. And, as you can see from the table below, certain [...]
Posted by: Bart Schroeder on: May 22, 2009
Over the years, we’ve learned that many of our fellow real estate investors tend to share common characteristics which are predictive of success (and lack thereof) in this business. Two of the more common “types” of players in this game are what we call tire kickers and deal makers.
Tire Kicker
Deal Maker
Looks at dozens of properties [...]
Posted by: Bart Schroeder on: May 22, 2009
List? Which list? Well, in case you were living under a rock and missed it, the big news this week was noted Real Estate Guru, Barbara Corcoran’s Top 5 list of cities poised to recover quickest from the downturn. Perched atop that list was our fair city, besting the likes of perennial “top list” inhabitants [...]
Posted by: Bart Schroeder on: April 6, 2009
You’ve heard all the stories about Florida’s real estate woes. And, certainly, many reasons remain to be cautious about that market. But maybe it’s time to take another look at this “Fallen Star”. Here are a few reasons we think the timing is very opportune for this particular strategy:
New stats reflect renewed interest from buyers. [...]
Posted by: Bart Schroeder on: February 20, 2009
Well, it is now official. The 2009 American Recovery and Reinvestment Act is law. View the entire act at www.recovery.gov. That necessitates another update of our ongoing series of articles on this subject. So,how does a first-time homebuyer take advantage of the $8,000 tax credit? It comes with some guidelines. According to the most [...]
Albeo theme by Design Disease