Earlier this week, the private-sector Case-Shiller Index showed home prices slightly lower between November and December. Thursday, the public-sector Colorado Home Price Index showed the same. Publishing on a 2-month lag, the Federal Home Finance Agency said home prices fell by 1.6 percent nati
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02/26/2010
The housing recovery showed particular weakness in the Colorado New Homes Sales category last month -- good news for homebuyers in Highlands Ranch and around the country. A "new home" is a home for which there's no previous owner. New Home Sales fell 11 percent from the month prior and posted th
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02/25/2010
Using data compiled in December, Standard & Poors released its Case-Shiller Index Tuesday. The report shows Colorado home prices down just 2.5% on an annual basis, a figure much lower than the 8.7% annual drop reported after Q3. According to Case-Shiller representatives, the housing market is "
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02/25/2010
You can't get your Colorado mortgage rates from the newspaper. Last week proved it. Again. Friday morning, headlines in Colorado and around the country read that mortgage rates were down 0.04 percent, on average, since the week prior. A sampling of said headlines includes: US Mortgage Rates Dro
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02/25/2010
Colorado Mortgage markets had a terrible, holiday-shortened week last week as Wall Street responded to worse-than-expected inflation data and action from the Federal Reserve. Mortgage bonds sold off with force, causing mortgage rates to rise for the second week in a row. Last week was a bad week
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02/25/2010
Colorado Mortgage markets reeled Wednesday after the Federal Reserve Colorado Mortgage Rates Spike On The Federal Reserve's January 2010 Meeting Minutes released the minutes from its January 26-27, 2010 meeting. Mortgage rates in Colorado are now at their highest levels since the start of the yea
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02/22/2010
According to the Census Bureau, 2.8 million people commute to work 90 minutes or more each day, in each direction. Now, your daily commute may not be as long, but time spent in cars, trains and buses is time away from work and from family. Drive-time can affect a person's Quality of Life and it's
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02/17/2010
Colorado Mortgage markets worsened last week on general profit-taking in the U.S. bond market, combined with talk of a coordinated rescue effort for Greece and its debt burden. Mortgage-backed bonds sold off, causing conventional and FHA mortgage rates to rise. There wasn't much hard data on whic
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02/17/2010
Consumer Sentiment has been on the rise since last February and it's something to which Colorado home buyers should pay attention. The affordability of your next home may hinge on consumer confidence. As the economy recovers from a near-the-brink recession, many of the elements of a full recovery
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02/12/2010
Foreclosures stories dominate the national housing news. It seems at least one foreclosure-related story makes its way to the front page or the nightly news every week. But for as much as the foreclosure filing statistics can be astounding -- over 300,000 homes were served last month alone -- the
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02/11/2010
