REInvest Group Blog

Archive for the ‘Markets and Trends’ Category

Time to buy? Let’s see what history suggests?

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 [...]

Update – Investing in South Florida

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 [...]

Denver Does It Again — Heads Top Five Cities List

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 [...]

Property Tax Payers! The Appeal Clock is Ticking.

Posted by: Bart Schroeder on: May 2, 2009

Can you hear that sound?  Tick, tick, tick.  It’s the sound of time slipping away.  If you are, like many of us, receiving a “Notice of Valuation (NOV)” from your County Assessor that seems inflated (given recent events), then pay attention to that ticking sound because you don’t have much time to act.  This is [...]

Denver Fares Well Again – smallest decline in Case-Shiller Index

Posted by: Bart Schroeder on: February 26, 2009

Denver home prices declined a little in November while much of the rest of the country continued its downward spiral, according to a closely watched 20-city index released Tuesday. Prices dropped 1.1 percent in Denver from October to November. That was the smallest month-over- month decline among the cities measured by the Standard & Poor’s/Case-Shiller [...]

Denver Tops Nationwide Poll

Posted by: Bart Schroeder on: February 13, 2009

When it comes to good living, the Mile High City is tops in the land, according to a national survey released today.  Adults picked Denver as the country’s most desirable big city to call home, with San Diego second and Seattle third. At the bottom of the list, no surprise: Detroit.
The Washington, D.C.-based Pew Research [...]

The Newest Market Phenomenon …. Multiple Offers!

Posted by: Bart Schroeder on: January 9, 2009

Given the doom and gloom in the media, it’s no wonder that, as a buyer, you feel like you’ve got the upper hand when purchasing.  Visions of lowball offers, grateful sellers, and bargain basement prices dance in your head.  But, guess what, real estate is local (as if you hadn’t heard that one before).  And, [...]

Another Lesson in the Importance of Location

Posted by: Bart Schroeder on: July 16, 2008

Besides being responsible for that interesting creature known as “Private Mortgage Insurance”, most of us do not know that this company provides an invaluable service to many in the business of forecasting Economic and Real Estate Trends.  PMI Group, Inc. today released its Summer 2008 U.S. Market Risk Index(SM), which ranks the nation’s 50 largest [...]

Sellers: 5 Signs Your Asking Price is too High.

Posted by: Bart Schroeder on: June 3, 2008

Sluggish housing markets are filled with listings that are lingering on the market, prompting many home sellers to ponder a price cut. One of the most predominant statements heard of realtors these days is, “We still have sellers who are in denial of the market and don’t want to price properties where they need [...]

A Contrarian View of Inflation — Good for Real Estate?

Posted by: Bart Schroeder on: May 21, 2008

For real estate owners, inflation can be beneficial … yes, beneficial. Consider this:

Rising inflation raises people’s income and their home prices. Usually, the increases would be nominal in terms of what you actually receive in paychecks and the listing price you would set to sell your home. Of course, we are not in normal times. [...]


 

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