Take note of the 2013 FHA and FNMA SFR maximums for 2013: $406,250 for FHA and $417,000 for FNMA. These limits apply to the Denver-Aurora MSA, and will be higher or lower in other Colorado Counties. 1. The average SFR price has increased 11.15% since November 2011. The average Condo price has increased 29% since …Read More
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Talking Points – for the September 2012 Denver Real Estate Market
The year-over-year data continues to impress. Last months sales and closings exceeded September 2011 by a considerable margin. How quickly THE market can turn. In 2011 we had too much inventory for the available buyers, in 2012 we have too little. A combination of investor buyers (read CASH), the lowest mortgage interest rates in history …Read More
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The Constitution of The United States: The Sunday Book Report for September 19, 2011
Introduction This “book”, containing the Constitution, The Declaration of Independence, and The Articles of Confederation was published in 2002 by Barnes and Noble, and includes an Introduction by R.B. Bernstein and a Chronology and Index. It is a small book, only 110 pages of 4 X 6 print, so it is not such a challenge …Read More
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Quotations 34: A Special Section of “The Little BIG Things” (for REALTORS)
Every REALTOR® is, by definition, a public speaker. Perhaps not on the vast stage, but certainly in day to day contact with the varied public we serve. As such, it might pay to have a few favored quotations at hand when engaging in every day discourse. From Tom Peters 34 Favorites, here are a few …Read More
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“Ten Powerful Phrases” The Sunday Book Report for August 29, 2010
Rich DeVos, the Co-Founder of Amway, has written a short and easy to absorb book, Ten Powerful Phrases for Positive People. Just ten little phrases, easy to remember and easy to practice. For each phrase, DeVos offers stories both personal and observed, that illustrate the power of each phrase. Beginning with his selection of the …Read More
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The Secret
During my reading of the “Little Gold Book of Yes! Attitude (Jeffery Gitomer), the subject of last Sundays’ “Book Report”, I was was reminded of other books Gitomer refers to in his ongoing efforts to remain positive against the daily onslaught of negativity. One such book, “Think and Grow Rich”, by Napoleon Hill, is an …Read More
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If You Want to Find Oil, You Must First Drill Wells: #78 of TLBT
Drilling for Home Buyers Tom Peters makes reference to the book “The Hunters” by John Masters in which he relates: This is so simple it sounds stupid, but it is amazing how few oil people really understand that you only find oil and gas when you drill wells” Message: You have to drill!! You have …Read More
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Monday, July 19 Famous Quote
What the mind of man can conceive and believe, it can achieve-Napoleon Hill
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Talking Points – Notes on the June 2010 Denver Real Estate Market
July 8, 2010 The average sales price jumped 10% in June over the month of May, and 6% over June 2009. Best reason why: an increase in non-tax credit supported contracts written in May. The months of May and June are traditionally the spring transferring months for the corporate buyer, and that seems to holding …Read More
April 2013 Talking Points
1. For the first time in many months, the month-over-month inventory actually rose. Not very much, just by 267 units, and still 32.27% less than last year. We will monitor to see if there is a trend. 2. The fallout of under contract vs. sold was 2130 units. That is a 33% fall rate, which …Read More