Monday, January 23, 2012

Words of Wisdom from the Jan 22, Sunday Denver Post Business Section


There is a ton of info in the Sunday Denver Post this week for the Small Income Property Owner, both locally and in the Wall Street Journal Sunday section. My fav being the real estate reference in the WSJ - How to Play the Big 5 'What Ifs' of 2012.


Condos' Lapsed FHA Approval.
http://www.denverpost.com/business/ci_19789026
Condo Projects Lacking FHA Approval. This is a big problem!

The Fed was oblivious to coming housing bubble. Another examination but a little weak from the way I see it. It all goes back to the lowering of the qualifying standards.

WSJ Sunday


Check out the second paragraph of #2. What if the Us Housing Finally Improves -

You'll know real estate is improving when you see rising prices in combination with greater sales volumes of housing units. For that to occur, "lots of other good things need to be happening," says Barry Ritholtz, CEO of FusionIQ, a New York-based research and asset-management company.

and then look at the numbers in the




Navigating a Tight Rental Market http://online.wsj.com/article/SB10001424052970204542404577158641068356490.html Tidbits on what tenants should look for in a good deal when shopping!



You Don’t Have to Start Out Rich to Build Wealth. http://online.wsj.com/article/SB10001424052970204468004577166723997091352.html Investing Basics has good starter ideas for anyone who has not yet started to take advantage of an IRA or 401(k) savings plan!


Friday, January 20, 2012

2011 Small Income Property Review

The 2011 Small Income Property Review is completed and ready for your review. Contact me for a 'hot off the press' copy of this annual look back at last year’s Denver- Metro Small Income Property market and a peek into 2012.
 

Sales - Up

Prices - Mostly Up

Average Sales Prices - Mostly Up

Average Price per Square Foot - Mostly Up

Day on Market - Up

Rents - Up

Vacancy – Down

Foreclosures - Slightly Down

Interest Rates - Down



For an in-depth look at the numbers and trends reach me at a contact below!


Keith A. Hurtubise
RE/
MAX 100
Inc.
Broker Associate
Registered Real Estate Appraiser (Inactive
)
710 Kipling St., Suite 110
Lakewood, CO 80215

303-232-4444 office
303-202-2221 direct
303-808-8202 mobile

keithabees@aol.com