Weekly Update

 

Weekly Update 9-30-2012

posted Sep 30, 2012, 6:51 AM by Bob Luna

METRO BROKERS Inc. Special Meeting this Wednesday Oct. 3 (which is our next group meeting, so we will not have a meeting so you can go to this meeting if you want)
This special meeting of shareholders only is to vote on a dues increase, (you should have received a letter & an e-mail in the last week telling you bout it). For anyone who would like to go to the meeting we can car pool from the Lafayette office. If you do not want to attend the meeting you can give your PROXY to someone that is, (like Joe Bennell or John Brasswell).
MBI MUST have a Quorum to vote for this dues increase, if no quorum its NO dues increase.
If MBI can not get a quorum at this meeting or get a NO vote. Then at the annual meeting in January they can try again.
I have talked to Joe Bennell & John Braswell and they will take any Proxy's down to the Special MBI meeting.
Anyone that is not planning to attend the Special MBI meeting on Oct. 3rd. can give your Proxy to one of them. Just fill in Your Name, Office, Sign, and Date on the front and put Joe Bennell or John Braswell on the back. Then write on it "Only to be used if there is a quorum" and I vote NO (or yes if that is what they want).
If you do go to the meeting plan on NOT using I-25 as it will be closed, do to the Presidential debates.

Real estate industry is shifting to paperless and mobile

Real estate's movers, shakers and innovators once again convened in San Francisco for this summer's Real Estate Connect searching for the newest tools and strategies to give them a competitive edge.
A visit to Start-Up Alley is always... Continued »

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Denver home prices continue climbing
Home prices in metro Denver rose during July from a year earlier, marking the 7th consecutive month for a year-over-year increase, according to the S&P/Case-Shiller Home Prices Index released Tuesday. Denver-area prices were up 5.4%, while a composite index of 20 cities showed a year-over-year increase of just 1.2%.
Read article - Denver Business Journal

New-home sales steady, but prices jump
Sales of new homes were little changed in August, but prices rose sharply in a signal of continued improvement in the housing market. New homes sold at an annual rate of 373,000 - down 1,000 from the July reading. The number is 28% above year-earlier levels. But the median price of a new home jumped 11% from the July reading to $256,900. While month-to-month readings can be volatile, the latest reading lifted the year-over-year improvement in sales price to 17%. The prices are helped by a number of factors, including a tight supply in new homes available on the market.
Read article - CNNMoney

Rehab Loans a Growing Sales Pitch Among Lenders
Distressed homes sometimes need a lot of work, and so more lenders are offering loan options to help home owners or investors rehab the properties. More lenders are offering 203(k) loans, which are backed by the Federal Housing Administration, for renovations. These loans provide funds for the rehabilitation and repair of single-family homes.
Read article - Realtor Magazine

Investors Ready to Take Bigger Bite Out of Market
Rising home prices haven't deterred investors from the housing market, according to a new survey by real estate-centered companies BiggerPockets.com and Memphis Invest. In fact, nearly 40% of real estate investors say they plan to purchase more properties over the next 12 months than they did last year. 26% say they plan to buy as many as they did last year. Investors have made up a big part of the housing market in recent months. Investors bought 1.23 million homes last year - a nearly 65% increase over the 749,000 they purchased in 2010.
Read article - Realtor Magazine

New car and light truck registrations in Colorado continue to outperform the nation and have hit another double digit increase in August registrations versus August 2011. Year-to-date (January through August 2012), registrations have increased 20.6% and have outpaced the U.S. market which was up 12.2% in the same period. Tim Jackson, president of CADA said that the Colorado numbers show that "consumer confidence remains higher in Colorado than the rest of the nation."
Read article - Denver Post

Here is this week's foreclosure list. This is a list of all homeowners who have had a Notice of Election and Demand filed on their home in the last week. These properties are in the initial stage of foreclosure.
Basics of a Short Sale Transactions
From: Land Title, Kyle Snyder

I have posted the weekly update on WWW.MBRealtyAlliance.com and www.HomeBrokerNetwork.com

End of Blog

Lafayette Group: This Weeks meeting will be Wednesday 9 am regular meeting, you are not going to the MBI meeting.
Please sign up for floor time so we can stay open the following times M-F 9-5 and weekends 10-2.
METRO BROKERS MISSION STATEMENT
"Providing the Framework, Structure, Brand and Freedom for Real Estate Brokers to Work Professionally,
Efficiently and Profitably."
REALTY ALLIANCE, LLC. MISSION STATEMENT
"PROVIDING TOOLS, SERVICES AND COMMUNICATIONS FOR YOUR SUCCESS"
Location, Location, Connection
"getting the job Done"
Thank you
Bob Luna, GRI

Realty Alliance LLC

Weekly Update 9-23-2012

posted Sep 23, 2012, 7:48 AM by Bob Luna

 Can anyone one recommend someone to scope a sewer line in Boulder? (please let me know if you do).
We would like to welcome, Kerry Gibson and Michael Gianetti to our Office group. Welcome them when you get a chance.
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Why Are More Buyers Canceling Contracts?
A high number of home buyers are still walking away from their contracts, even as the housing market picks up and sales are on a rise, new data from Capital Economics shows. Nearly 18% of signed contracts on existing home sales were canceled from May through July. Some are blaming tight lending requirements for causing more contract cancellations. More buyers find that as they inch toward closing that they're unable to get the financing approved for their home purchase or are facing major delays from obtaining a mortgage. Some analysts blame the high number of contract cancellations on the limited inventory of homes for-sale on the market.
Read article - Realtor Magazine

Don’t underestimate autumn home sale potential

If I had my way, each year would officially start in September.
Colorado sees fewer foreclosure actions
The number of foreclosure auction sales in Colorado's metro counties fell to a six-year low in August, and foreclosure filings dropped 1.6% from August of 2011, according to report released Thursday by the Colorado Division of Housing. Foreclosure auction sales in Colorado's metro counties were down 10.4% in August compared with August 2011, falling to 1,341 from 1,497. Over the same period, foreclosure filings fell to 2,287 from 2,325.
Read article - Denver Business Journal
Colorado cities improve in real estate rankings
All of the Colorado cities included in a recent survey about the most-searched real estate markets in the county improved in ranking from a month earlier - with Denver leading the way. In August, Denver ranked #26 in the most-searched market study, up one space from July, according to Realtor.com. Meanwhile, the survey showed a strengthening real estate market in Denver. The median list price in Denver was $267,000 - up 6.8% from August 2011 and down 1.1% from July. The inventory of for-sale homes in Denver was logged at 7,894 - down 19.8% year over year. The median age of that Denver inventory of resale homes was 36 days in August.
Read article - Denver Business Journal

Door clues can pinpoint home’s construction date

There’s a little parlor trick I like to pull when I’m doing consulting at people’s homes. I ask them what year their home was built, and before they can answer, I quickly stop them with a raised hand.

Replacing a sliding patio door

Q: I’m not sure when my house was built, but I have old-style, anodized, single-pane aluminum windows and doors. As an ongoing project, I want to replace the old stuff. To start, I want to replace my patio door with a new energy-efficient one. Can I leave the frame in or must I remove all of it?

If you have a chimney, it needs to be swept

As fall starts putting a bit of a chill in the air again, it’s time to start thinking of things to do around the house to get ready. If you burn wood in a fireplace or a wood stove, whether it’s your primary source of heat or just for an occasional pleasant evening fire, one thing you can be sure of is that your chimney’s going to get dirty. It’s simply an inescapable fact of life that chimneys and soot go hand in hand, and that combination can equal some serious, life-threatening danger if you don’t take care of it.
Here is this week's foreclosure list. This is a list of all homeowners who have had a Notice of Election and Demand filed on their home in the last week. These properties are in the initial stage of foreclosure.
Basics of a Short Sale Transactions
From: Land Title, Kyle Snyder
I have posted the weekly update on WWW.MBRealtyAlliance.com and www.HomeBrokerNetwork.com
End of Blog
Lafayette Group: This Weeks meeting will be Wednesday 9 am regular meeting.
Please sign up for floor time so we can stay open the following times M-F 9-5 and weekends 10-2.
METRO BROKERS MISSION STATEMENT
"Providing the Framework, Structure, Brand and Freedom for Real Estate Brokers to Work Professionally,
Efficiently and Profitably."
REALTY ALLIANCE, LLC. MISSION STATEMENT
"PROVIDING TOOLS, SERVICES AND COMMUNICATIONS FOR YOUR SUCCESS"
Location, Location, Connection
"getting the job Done"
Thank you
Bob Luna, GRI

Realty Alliance LLC

Weekly Update 9-16-2012

posted Sep 16, 2012, 7:18 AM by Bob Luna

I have talked to Joe Bennell & John Braswell and they will take any Proxy's down to the Special MBI meeting.
Anyone that is not planning to attend the Special MBI meeting on Oct. 3rd. can give your Proxy to one of them. Just fill in Your Name, Office, Sign, and Date on the front and put Joe Bennell or John Braswell on the back. Then write on it "Only to be used if there is a quorum" and I vote NO(or yes if that is what they want).

Are you doing too little, too late to manage your reputation?

With political season in high gear, reputation management seems to be getting a bit more press than usual. For real estate professionals, many of whom rely very heavily on their "personality brand" -- not to be confused with personal brand, I'll get into that in another column... Continued »
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What Influences Credit Scores
There are several factors that contribute to one's score.
*Type of Credit: Lenders want to see that you have a history of multiple types of credit.
*Amount of Debt: The more debt you have the riskier you appear to a lender. Paying down or paying off debt is a great way to make yourself more desirable for a home loan.
*Payment History: You want to be on time with every bill.
*New Credit: Do NOT under any circumstances open new lines of credit, no matter how small, before you start looking for a home.
*Credit History Length: Younger borrowers are always at a slight disadvantage because they have a shorter credit history.
Read article - Realty Times

States with the strongest housing markets
Colorado made the list at #5 with a 1 year home-price change of +7.3% and a median home price of $240,000. The Colorado housing market was not badly damaged when the housing bubble broke. Home prices dropped 9.5% from the first quarter of 2007 to the first quarter of 2012. Colorado home prices are forecast to recover at 3.7% between the first quarter of this year and the first quarter of next year. Over the longer period from the first quarter of this year until the first quarter of 2017, prices are expected to improve 2.4% per annum.
Read article - NBC News

When hiring contractor, be a ‘tough customer’

This is a cautionary tale. The moral of this story is when a homeowner hires a contractor, it’s incumbent on him or her to oversee the work and call any problems to the contractor’s attention immediately. There are no dumb questions, and don’t stop asking until you’re satisfied with the answer. This hit close to home recently.

Asbestos disclosure a ‘mine field’ for home inspectors

DEAR BARRY: If a home inspector knew there was asbestos in a building that was being renovated, shouldn’t he have said something? In this case, a safety officer finally shut down the project. Is the home inspector liable for not warning us about asbestos? —Gerald
Here is this week's foreclosure list. This is a list of all homeowners who have had a Notice of Election and Demand filed on their home in the last week. These properties are in the initial stage of foreclosure.
ember 14, 2012 in Excel
September 14, 2012 in PDF
Other Foreclosure Resources:
Foreclosure Timeline
Basics of a Short Sale Transactions
From: Land Title, Kyle Snyder
I have posted the weekly update on WWW.MBRealtyAlliance.com and www.HomeBrokerNetwork.com
Providing you Time, Temperature & Weather, 24/7 by calling 303-443-1910
End of Blog
Lafayette Group: NO MEETING THIS WEEK, due to C.R.E.C. class on Wednesday the 19th.
Please sign up for floor time so we can stay open the following times M-F 9-5 and weekends 10-2.
METRO BROKERS MISSION STATEMENT
"Providing the Framework, Structure, Brand and Freedom for Real Estate Brokers to Work Professionally,
Efficiently and Profitably."
REALTY ALLIANCE, LLC. MISSION STATEMENT
"PROVIDING TOOLS, SERVICES AND COMMUNICATIONS FOR YOUR SUCCESS"
Location, Location, Connection
"getting the job Done"
Thank you
Bob Luna, GRI

Realty Alliacne LLC

Weekly Update 9-9-2012

posted Sep 9, 2012, 6:30 AM by Bob Luna

MBI is calling for a Special Meeting on Wednesday Oct. 3 (which is our next group meeting, so we will not have a meeting so you can go to this meeting if you want)
This special meeting of shareholders only is to vote on a dues increase, (you should have received a letter & an e-mail in the last week telling you bout it). For anyone who would like to go to the meeting we can car pool from the Lafayette office. If you do not want to attend the meeting you can give a PROXY to someone that is, (like Joe Bennell or John Brasswell).
MBI MUST have a Quorum to vote for this dues increase, if no quorum NO vote, so if you do not want a dues increase, do not show up to the meeting or give anyone a proxy.
If MBI can not get a quorum at this meeting or get a NO vote. Then at the annual meeting in January they can try again.

Declining customer satisfaction a threat to repeat business

With customer satisfaction among buyers and sellers alike slipping, real estate brokerages that want to win repeat business must keep their clients better informed, educating them on comparable sales information and following up with them... Continued »
Start Blogs

Are you doing too little, too late to manage your reputation?

With political season in high gear, reputation management seems to be getting a bit more press than usual. For real estate professionals, many of whom rely very heavily on their "personality brand" -- not to be confused with personal... Continued »

Why mortgage rates are rising

Two things this week: Explain the sudden rise in Treasury and mortgage rates, and then provide a simple tool for understanding budget issues in the election. Nuthin' to it.
In the last two weeks the 10-year T-note has run up from... Continued »

Tax clock is ticking for underwater homeowners

Ordinarily, if all or part of a home loan is forgiven by the lender, either in a short sale or foreclosure, the amount forgiven is taxable income. Thus, for example, a homeowner who had $100,000 in mortgage debt forgiven through a short sale... Continued »
As asking prices rise again, house hunters looking for bargain basement deals could be running out of time
After several years of miserable housing market conditions, it seems sellers are getting a little more comfortable with nudging up their asking prices. While that's good news for sellers and underwater homeowners, house hunters looking for bargain basement deals could be running out of time. Asking prices--the earliest indicator of the direction of property values--rose 2.3% in August year-over-year, according to real estate site Trulia.
Read article - Yahoo Finance
Denver area luxury home sales up 20%
The number of luxury homes sold in the metro Denver market soared almost 20% year-to-date through August compared to the same period last year. There were 325 transactions, totalling $492.1 million, of homes with price tags of more than $1 million through August - a healthy 19% gain over the same eight months 2011, the report states. There were 45 sales of luxury properties, including single family homes and condos, in August totalling $63.46 million.
Read article - Denver Business Journal
CoreLogic: Denver-area home prices up 8.4% in a year
The Denver real estate market continues to ride a wave of recovery as evidenced by gains in home sale prices, according to the CoreLogic Inc. home price index (HPI) report released Tuesday. The HPI in the Denver-Aurora-Broomfield area, including distressed sales, grew 8.4% in July from the same month in 2011, the report states. That's the sixth month in row that market's HPI has grown year-over year. That's also a 1.8% increase from June's revised HPI of 6.6%.
Read article - Denver Business Journal
Metro Denver's inventory drops to 10,826 in August
The usual August slowdown in Denver metro home resales hit last month. But it wasn't as steep as years past and still showed a large spike in volume from August 2011, according to a report from Metrolist Inc. released yesterday. There were 4,685 homes sold in August, the report states - a 1% increase from July but an 18% year-over-year increase, according to the report. "What we're seeing is a lot of activity, especially from first-time buyers," said Tom Guest, owner of Key Masters Real Estate with Metro Brokers. Metro Denver's inventory of resale homes and condos dropped to 10,826 in August.
Read article - Denver Business Journal
I have posted the weekly update on WWW.MBRealtyAlliance.com and www.HomeBrokerNetwork.com
Providing you Time, Temperature & Weather, 24/7 by calling 303-443-1910
End of Blog
Lafayette Group: This Weeks meeting will be Wednesday 9 am regular meeting.
Please sign up for floor time so we can stay open the following times M-F 9-5 and weekends 10-2.
METRO BROKERS MISSION STATEMENT
"Providing the Framework, Structure, Brand and Freedom for Real Estate Brokers to Work Professionally,
Efficiently and Profitably."
REALTY ALLIANCE, LLC. MISSION STATEMENT
"PROVIDING TOOLS, SERVICES AND COMMUNICATIONS FOR YOUR SUCCESS"
Location, Location, Connection
"getting the job Done"
Thank you
Bob Luna, GRI

Realty Alliacne LLC

Weekly Update 9-2-2012

posted Sep 2, 2012, 7:03 AM by Bob Luna

NO MEETING THIS WEEK, due to C.R.E.C. class on the 19th.
C.R.E.C. class, Save the date, September 19th (this is the only class we will do this year). The class will be at the Parkside community center from 9-1 PM (don't be late). This is on the Anthem Highlands side of the community 3624 Parkside Center Drive, Broomfield CO 80023. More information to follow (thanks to Joe for working very hard to get this set up).
Rule Making Hearing on Oct. 2; Revised Rules Now InEffect
The rules going before the Commission for consideration are:
The full text of each rule is available by clicking on each rule or by visiting the Division’s rule making web page. The hearing will start promptly at 9 a.m., and is set to take place at Division offices, 1560 Broadway, Denver, CO, 80202 in Conference Room 1250C.
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Home prices post strongest growth since 2006

Demand for homes grew faster than the inventory of homes for sale in July, helping push the national median price of existing homes up for the fifth month in a row despite a modest increase in sales that fell short of some analysts'... Continued »
Mortgage Rates Decline for First Time in Five Weeks
U.S. mortgages rates fell for the first time in five weeks. The average rate for a 30-year fixed mortgage fell to 3.59% in the week ended today from 3.66%, McLean, Virginia-based Freddie Mac (FMCC) said in a statement. The average 15- year rate was 2.86%, down from 2.89%.
Read article - Bloomberg
Vehicle sales up 36.2% in Colorado - Indicating consumer confidence in the economy
Colorado consumers continue to snap up new cars and light trucks this year at a pace nearly double the U.S. average. Through July, new vehicle registrations were up 20.5%, compared with an 11.5% increase nationally. Measured July to July, new vehicle registrations are up 36.2% in the state.
Read article - Denver Post
Case-Shiller: Home prices rose in June in all 20 cities
In Denver, home prices rose 2.0% in June from May and were up 4.0% from a year ago
Read article - USAToday
Denver home prices up 4% from 2011, says Case-Shiller report
For the sixth straight month, metro Denver posted a year-over-year increase in home prices in June - a pace that eclipsed all but three of the nation's 20 largest markets, according to the latest S&P/Case-Shiller Home Prices Index. Denver prices were up 4% in June from the same month of 2011. Denver prices also rose 2% in June from the previous month. Denver's six consecutive months of year-over-year price gains followed 18 months of declines.
Read article - Denver Business Journal

Mortgage rates going up, up, up

Mortgage rates ticked up from historic lows for the fourth week in a row as the bonds that finance most home loans continue to look overpriced to investors.
Some have speculated that the prospect of rising mortgage rates could spur... Continued »

Experienced investors can stabilize markets

As the economy continues to move forward, slowly and erratically, there are considerable opportunities involving the purchase and sale of distressed homes. These circumstances vary significantly across the country, which is why it is useful to... Continued »
Buyers Worried They're Losing Bargaining Power
While home buyers have been holding a lot of bargaining power in the housing market the last few years, more of them say they are now feeling the market shift against them, according to a new survey. Seven in 10 home buyers say they've faced competition on a home for at least one offer, according to a recent survey of 982 buyers in 19 markets conducted by Redfin.
Read article - Realtor Magazine
Here is this week's foreclosure list. This is a list of all homeowners who have had a Notice of Election and Demand filed on their home in the last week. These properties are in the initial stage of foreclosure.
Foreclosure Timeline
Basics of a Short Sale Transactions
From: Land Title, Kyle Snyder
I have posted the weekly update on WWW.MBRealtyAlliance.com and www.HomeBrokerNetwork.com
Providing you Time, Temperature & Weather, 24/7 by calling 303-443-1910
End of Blog
Lafayette Group: This Weeks meeting will be Wednesday 9 am regular meeting.
Please sign up for floor time so we can stay open the following times M-F 9-5 and weekends 10-2.
METRO BROKERS MISSION STATEMENT
"Providing the Framework, Structure, Brand and Freedom for Real Estate Brokers to Work Professionally,
Efficiently and Profitably."
REALTY ALLIANCE, LLC. MISSION STATEMENT
"PROVIDING TOOLS, SERVICES AND COMMUNICATIONS FOR YOUR SUCCESS"
Location, Location, Connection
"getting the job Done"
Thank you
Bob Luna, GRI

Realty Alliacne LLC

Weekly Update 8-26-12

posted Aug 25, 2012, 6:16 PM by Bob Luna

C.R.E.C. class, Save the date, September 19th (this is the only class we will do this year). The class will be at the Parkside community center from 9-1 PM (don't be late). This is on the Anthem Highlands side of the community 3624 Parkside Center Drive, Broomfield CO 80023. More information to follow (thanks to Joe for working very hard to get this set up).
HUD class to the Realty Alliance Group. It is a 2 hour class or shorter with question and answer session. Please reply to let me know if you have interest in this class and I will set it up (no C.E.'s).

Declining customer satisfaction a threat to repeat business

With customer satisfaction among buyers and sellers alike slipping, real estate brokerages that want to win repeat business must keep their clients better informed, educating them on comparable sales information and following up with them... Continued »
Start Blogs
Apartments going up at Steel Ranch
Read article - Boulder county Business Report
Where the jobs are
Douglas County #5
Towns include: Highlands Ranch, Castle Rock
Job growth (2000-2011): 58.6%
Read article - CNNMoney
Short Sales to Get Faster With Fannie, Freddie
The Federal Housing Finance Agency announced Tuesday that it is issuing new guidelines that set out to more quickly qualify borrowers and speed up the short-sale process. Among the new guidelines, home owners with a mortgage backed by Fannie Mae or Freddie Mac will be able to sell their home in a short sale even if they are current on their mortgage, assuming they can prove a hardship.
Read article - Realtor Magazine

Price your house to sell quickly

A first-quarter survey of homebuyers and sellers done by HomeGain.com, a real estate services website, revealed that 76 percent of homeowners believe their home is worth more than the list price recommended by their real estate agent.
... Continued »

REO inventories drop even as banks hold on to them longer

Inventories of bank-owned properties fell year over year across four Western states in July even as lenders took longer to get those properties off their books, according to the latest report from real estate data company ForeclosureRadar.
... Continued »

Housing starts continue to see annual gains in July

Housing starts, though dipping 1.1 percent in July from June, were up 14.2 percent on a year-over-year basis, continuing a steady upward trend.
July groundbreakings were at a seasonally adjusted annual rate of 746,000, down from June's... Continued »

3 steps to appeal your property taxes

Q: I bought my house in 2011, in a down market, but I paid too much. Can I get my taxes lowered by pointing out comps in my area to the tax assessor during the period they accept tax grievances? --Jack S.
Q: My taxes were raised by... Continued »

Proposed mortgage rules would preserve points and fees


By INMAN NEWS
Mortgage lenders would have to give consumers the option of a no-point, no-fee loan under proposed rules put forward by the Consumer Financial Protection Bureau with the intention of helping consumers understand mortgage costs and comparison shop.
The proposed rules would require that...

Read More

Here is this week's foreclosure list. This is a list of all homeowners who have had a Notice of Election and Demand filed on their home in the last week. These properties are in the initial stage of foreclosure.
Foreclosure Timeline
Basics of a Short Sale Transactions
From: Land Title, Kyle Snyder
I have posted the weekly update on WWW.MBRealtyAlliance.com and www.HomeBrokerNetwork.com
Providing you Time, Temperature & Weather, 24/7 by calling 303-443-1910
End of Blog
Lafayette Group: This Weeks meeting will be Wednesday 9 am regular meeting.
Please sign up for floor time so we can stay open the following times M-F 9-5 and weekends 10-2.
METRO BROKERS MISSION STATEMENT
"Providing the Framework, Structure, Brand and Freedom for Real Estate Brokers to Work Professionally,
Efficiently and Profitably."
REALTY ALLIANCE, LLC. MISSION STATEMENT
"PROVIDING TOOLS, SERVICES AND COMMUNICATIONS FOR YOUR SUCCESS"
Location, Location, Connection
"getting the job Done"
Thank you
Bob Luna, GRI

Realty Alliacne LLC

Weekly Update 8-12-2012

posted Aug 11, 2012, 1:55 PM by Bob Luna

We are working on putting on a FREE (to our member) CREC update class, for mid September. We will keep you posted. If you know of other Brokers that also need this class it would cost them $15-$20 have them contact me.
To Realty Alliance Members from Centralized Showing Service
We are on a constant vigil to be sure we are working, only, with Licensed real estate agents. We only provide lock box codes directly to those agents we can verify as Licensed, and also have a Centralized Showing Service “Showing Code” password. Otherwise, we would only provide a lock box code to a licensed real estate agent, by calling their official office, and leaving the lock box code on their office phone.
If a licensed real estate agent decides to take the life of crime, and rob homes, there is little that can be done initially, the same as any office would have when dealing with a licensed agent. However, showing records that CSS has, would have the agents information, and upon the first instance of a crime, it should be reported immediately to the Police, so CSS could work immediately to help establish who was provided a lock box code to the house that was robbed.
Also, it is why we encourage [ as do most brokerages ] listing agents to change the lock box code as frequently as possible, so anyone who has the code cannot use it if it has been changed.
If you are aware of specifics, it would help us to know the details, even to have the Police contact CSS with any information that would help us cooperate with the Police.
Gerry Powers
Regional Account Executive
Centralized Showing Service, Inc.
P: 866.309.4CSS (4277)
C: 303-520-9153
Colorado / Utah / Nevada
E: gerryp@showings.com
Over 135,000 Agent Members Nationwide!
Start Blogs
CoreLogic: Denver home prices up again
For the fifth month in a row, metro Denver's home sale prices saw a year-over-year increase, according to the latest CoreLogic home price index (HPI) report. The Denver-Aurora-Broomfield area HPI grew 7.2% in June over June 2011's HPI. That was also a larger gain than was seen with May's 6.3% HPI increase (includes distressed sales).
Read article - Denver Business Journal

Denver luxury-home sales still ahead of 2011's pace
There were 46 homes and condos with a price tag of $1 million or more sold in the seven-county Denver metro area in July, down one from the 47 sold in July 2011. But year-to-date, there were 276 sales, up from the 245 sold through July in 2011 - a 12.7% increase. The most startling statistic from the report was the plunge in average days on the market, which went from 111 days in July 2011 to 56 days in July - an almost 50% drop.
Read article - Denver Business Journal
Rents soar as number of Colorado apartment vacancies decline
The combined vacancy rate for apartments in six metro areas across Colorado was 4.9% during the second quarter of 2012 - the lowest level recorded since 2001. The statewide average rent in Colorado increased 7.4% from a year ago to an all-time high of $942. The metro Denver average, measured earlier, was $952 during the second quarter. The vacancy rate for the metro area during 2012's second quarter was 4.8%.
Read article - Denver Post
Home sales drop from June in metro Denver, but rise 20 percent from a year ago
Some year-to-date statistics:

* There were 26,478 homes sold through July - 17% more than one year ago.
* The average days on the market at the end of July was 85 - down from 111 days one year ago.
* Homes and condos sold for an average price of $276,129 through July - up 8% from the average sales price of $256,843 in July 2011.
* Metro Denver's inventory stood at 10,827 - down from 17,583 in the same period a year ago.
Read article - Denver Business Journal
Here is this week's foreclosure list. This is a list of all homeowners who have had a Notice of Election and Demand filed on their home in the last week. These properties are in the initial stage of foreclosure.
August 10, 2012 Excel
August 10, 2012 PDF
Other Foreclosure Resources:
Basics of a Short Sale Transactions
From: Land Title, Kyle Snyder
I have posted the weekly update on WWW.MBRealtyAlliance.com and www.HomeBrokerNetwork.com
End of Blog
Lafayette Group: This Weeks meeting will be Wednesday 9 am regular meeting.
Please sign up for floor time so we can stay open the following times M-F 9-5 and weekends 10-2.
METRO BROKERS MISSION STATEMENT
"Providing the Framework, Structure, Brand and Freedom for Real Estate Brokers to Work Professionally,
Efficiently and Profitably."
REALTY ALLIANCE, LLC. MISSION STATEMENT
"PROVIDING TOOLS, SERVICES AND COMMUNICATIONS FOR YOUR SUCCESS"
Location, Location, Connection
"getting the job Done"
Thank you
Bob Luna, GRI

Realty Alliance LLC

Weekly Update 8-5-2012

posted Aug 5, 2012, 7:15 AM by Bob Luna

ATTENTION: We will be having a meeting on bulk mailings, this Tuesday August 7th, 10 am. at the Lafayette Office, speakers from the U.S. Post Office will be there to answer your questions. All are welcome to attend.
Metrolist: Seasonal Slowdown for Denver Real Estate Market
The latest data from Metrolist suggests a gentle slide for Denver metro area home sales going into the Fall season. While July shows a 6% decrease in sales from last month's impressive numbers, year-to-date sales in the Denver residential market remain on pace to top last year's numbers. Average days on market (DOM) fell another 10% in July to 65 days. The Metrolist report also exhibits a slight dip in Denver metro area home prices. The average sales price for single-family homes dipped to $288,884 in July, lowering 3% from June.
Read article - World News Report

Why Millennials don't buy in to mentoring

Last week I attended the memorial service for one of my early mentors, Dan Carr of the Golgonooza Type Foundry and Letterpress (I sometimes joke that I'm the last of the "printer's devils"). These kinds of things naturally remind me... Continued »

4 opportunities agents should cash in on


By BERNICE ROSS
At the recent AFIRE (Awesome Females in Real Estate) conference, Deborah Falcone, real estate director for the Wall Street Journal, shared the Journal's latest research on the key trends currently shaping today's real estate market as well as ways brokers and agents can capitalize on...

Read More

Every week I look for articles that you can use on your MBI web page blog. I will post 5-7 per week so you can add them one at a time on your blog. If you find articles that you think would be good to use please send them to me and I will share them with the group.
Start Blogs

Sell now or hold out for a higher price?

Recent news suggests that the housing market might be moving in the right direction. According to the National Association of REALTORS® (NAR), existing-home sales rose 3.4 percent in April compared to March and were 10 percent higher than a... Continued »

Home prices continue rebound in May

Home prices continued to see a spring bounce in May, but fell slightly compared to the same month a year ago, according to the latest S&P/Case-Shiller Home Price Indices released today.
After seven straight months of declines, home...Continued »
Home purchase and refinance activity up 10 percent in Colorado
Home purchase and refinance activity is up 10% in Colorado during 2012. The number of mortgage loans paid off in Colorado was up 10.2% during the first half of 2012 compared to the same period of last year. According to the report, public trustees in Colorado released a total of 138,859 deeds of trust during the first half of 2012, and there were 126,903 releases during the same period last year.
Read article - Denver Post
Denver #2: Where homes are selling the fastest
According to the data, published by real estate trends site Realtor.com, the average U.S. home spent 84 days on the market last month. The average number of days on the market in the Denver area is 33. A median family income of $75,000 and an unemployment rate of 7.5%, both well below national averages, are positive signals for a housing market likely to remain on stable footing.
Read article - nbcnews.com
Case-Shiller - Denver home prices on the rise
The S&P/Case-Shiller home price index rose 2.2% in May, beating economists' forecasts, as all 20 of the nation's largest metro areas posted gains from April. More important, 12 of the 20 cities now have higher prices than they did a year ago, suggesting that the improvement is durable. In May, Denver's index value was 128.48. Home prices in Denver increased 2.1% from the previous month and gained 3.7% from a year ago.
Read article - USAToday

Fears for the US economy are overdone

Next week sets up as three difference-making days, markets right now pulling chips and setting new bets.

The Fed will conclude a meeting on Wednesday, and we'll get the July survey from the Institute for Supply Management (ISM) the... Continued »


Here is this week's foreclosure list. This is a list of all homeowners who have had a Notice of Election and Demand filed on their home in the last week. These properties are in the initial stage of foreclosure.
August 3, 2012 Excel
August 3, 2012 PDF
Other Foreclosure Resources:
Basics of a Short Sale Transaction
From: Land Title, Kyle Snyder
I have posted the weekly update on WWW.MBRealtyAlliance.com and www.HomeBrokerNetwork.com
End of Blog
Lafayette Group: This Weeks meeting will be on Tuesday not Wednesday and it will be on bulk mailings. 9 am regular meeting 10 am for bulk mailings.
Please sign up for floor time so we can stay open the following times M-F 9-5 and weekends 10-2.
METRO BROKERS MISSION STATEMENT
"Providing the Framework, Structure, Brand and Freedom for Real Estate Brokers to Work Professionally,
Efficiently and Profitably."
REALTY ALLIANCE, LLC. MISSION STATEMENT
"PROVIDING TOOLS, SERVICES AND COMMUNICATIONS FOR YOUR SUCCESS"
Location, Location, Connection
"getting the job Done!"
Thank you
Bob Luna, GRI

Realty Aliance LLC

Weekly Update 7-29-2012

posted Jul 29, 2012, 6:21 AM by Bob Luna

NO first of the month meeting this week. Next month we will start C.E. classes.


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**********************Party Time**********************************
Bring the Family, we are having our Summer cook out at the Lafayette office (107 S. Public Rd. Lafayette, CO 80026) on Saturday August 4th (this is a date change), Starts at 2 PM (bring a lawn chair). We will provide drinks, hamburgers, hot dogs, vegi-burger and chicken for grilling. You can bring a side dish or dessert. Starts at 2 PM (bring a lawn chair).
Please reply so we know how many are coming and if you are bringing a side dish or dessert.
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ATTENTION: We will be having a meeting on bulk mailings Wed. 9 am. at the Lafayette Office regular weekly meeting, speakers from the U.S. Post Office will be there to answer your questions. All are welcome to attend.
Real estate brokers, agents and REALTORS® work hard for their money. They probably would work even harder if they could cut down on all the paperwork and marketing that has to be done just to stay ahead of the competition.
Paperwork... Continued »
I have two puzzles for you. Ready?
If Agent A has a database of 100 names of people from social networking or business cards who have never referred business to her, how many referrals do you think Agent A would receive if the... Continued »
Every week I look for articles that you can use on your MBI web page blog. I will post 5-7 per week so you can add them one at a time on your blog. If you find articles that you think would be good to use please send them to me and I will share them with the group.
Start Blogs
30-Year Fixed-Rate Mortgage Averages Another Record
Fixed mortgages rates are continuing their streak of record-breaking lows. The 30-year FRM averaged 3.49%, more than a full percentage point lower than a year ago when it averaged 4.55%. Meanwhile, the 15-year fixed-rate mortgage, a popular choice for those looking to refinance, also set another record low at 2.80%.

Read article - Realty Times

Housing starts at highest level in nearly 4 years

Housing starts jumped 6.9 percent from May to June to the fastest pace in nearly four years, according to the latest numbers from the Census Bureau.

At a seasonally adjusted annual rate of 760,00 units per year, housing starts were up... Continued »

Kiplinger's says Denver among best for young adults
Denver is the 5th best place in the U.S. for young adults to live, according to Kiplinger. An "outdoors-y culture" and 300 days of sunshine aren't the only things that make the Mile High City invigorating to young adults. "It also has a sunny employment outlook, thanks to hiring in construction, retail and hospitality, and affordable apartments," Kiplinger's said.

Read article - Denver Post
Apartment rents in metro Denver rose 7.1 percent during quarter
The average rent for apartments in metro Denver rose 7.1% from the second quarter of last year to the same period this year. It was the highest growth rate reported during any quarter since the third quarter of 2011, when average rent grew 8.5%. During the second quarter of this year, the average rent in metro Denver rose $65 to $979 from last year's second-quarter average rent of $915. "You have to go back to the days of the dot-com boom to see lower vacancy rates than what we're seeing right now," said Ryan McMaken, spokesman for the Colorado Division of Housing.

Read article - Denver Post

HARP refinancings take off

As mortgage rates continued to hit new depths, the number of refinancings completed through the Obama administration's mortgage refinance program more than doubled year over year in May, according to a monthly report from the Federal Housing... Continued »
Home values rise in Denver metro area
Home values in the Denver metro area have increased 3.5% from a year ago and will go up 1.6% in the next 12 months, Zillow predicted Tuesday in its report on housing in the second quarter of 2012. The median home values in Denver gained 2.3% in the second quarter of 2012 from the year's first quarter to $211,300 in June.
Read article - Denver Post

HUD boosting sales of distressed FHA loans

The U.S. Department of Housing and Urban Development is now accepting applications from investors interested in buying pools of severely distressed mortgages formerly insured by the Federal Housing Administration, HUD announced today.
... Continued »

By LOU BARNES
It is high summer, a scorcher, even mad dogs looking for shade. It's supposed to be a nothing-happening time. However, the anxious suspense in markets is as high and hot as the sun.
Everyone knows that the U.S. economy has lost momentum. Federal Reserve Chair Ben Bernanke on Tuesday...

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Record low mortgage rates no panacea


By INMAN NEWS
Mortgage rates hit new lows again this week, driven by growing concerns about the health of the U.S. economy that have also fueled speculation that the Federal Reserve will soon embark on a third round of "quantitative easing," or QE3, to encourage borrowing and fuel...

Read More
Here is this week's foreclosure list. This is a list of all homeowners who have had a Notice of Election and Demand filed on their home in the last week. These properties are in the initial stage of foreclosure.
Other Foreclosure Resources:
Basics of a Short Sale Transaction
From: Land Title, Kyle Snyder
I have posted the weekly update on WWW.MBRealtyAlliance.com and www.HomeBrokerNetwork.com
End of Blog
Lafayette Group: Meeting on bulk mailings Wed. at 9 am.
Please sign up for floor time so we can stay open the following times M-F 9-5 and weekends 10-2.
METRO BROKERS MISSION STATEMENT
"Providing the Framework, Structure, Brand and Freedom for Real Estate Brokers to Work Professionally,
Efficiently and Profitably."
REALTY ALLIANCE, LLC. MISSION STATEMENT
"PROVIDING TOOLS, SERVICES AND COMMUNICATIONS FOR YOUR SUCCESS"
Location, Location, Connection
"getting the job Done!"
Thank you
Bob Luna, GRI

Realty Allince LLC

Weekly Update 7-22-2012

posted Jul 22, 2012, 6:17 AM by Bob Luna

Get off on the right foot with buyers

My last column focused on the three keys to successfully managing a buyer. One of those keys included embodying Perry Mason and investigating your buyer's needs and wants via a questionnaire.
This week, by popular request, I'll tackle... Continued »

Traditional metrics don't capture the value of social media

Marketing online has, in many respects, been a battleground between two different camps of marketing strategy: branding and direct.
One camp brings years of cognitive science, psychology, and the language and imagery of narrative to... Continued »
Every week I look for articles that you can use on your MBI web page blog. I will post 5-7 per week so you can add them one at a time on your blog. If you find articles that you think would be good to use please send them to me and I will share them with the group.
Start Blogs

Wealthy homeowners brace for 'fiscal cliff'
Realtors to the rich have started getting a strange new kind of phone call. Wealthy homeowners with properties for sale are suddenly demanding that the brokers get them a deal in the next five months. The reason, they say, is the fiscal cliff. If the Bush tax cuts expire and capital-gains tax rates go up on Jan. 1, sellers in the high-end real-estate market could owe millions more in taxes on their sales.
Read article - MSNBC

Rising home prices bring 700,000 homeowners above water

Rising home prices helped more than 700,000 homeowners regain equity in their homes during first quarter, but 11.4 million borrowers still owed more on their mortgage than their homes were worth, according to the latest report from data... Continued »

Mortgage rates keep sliding

Mortgage rates broke records again this week as fears that the European debt crisis will slow the global economy had investors moving money out of stocks and into safer investments like Treasuries and bonds that fund most mortgage... Continued »

Denver-area home prices rising faster than rest of country
Rising home sale prices in metro Denver for June continued to outpace both the West region and the national average. The Denver-Aurora metropolitan statistical area (MSA) saw home sales prices rise by 3.6% quarter over quarter in June. The index showed a 10.2% year-over-year increase in prices, ranking metro Denver 13th in the top 50 MSAs.

Read article
- Denver Business Journal


Expert: Denver's real estate market is hot
The real estate market in Denver is what many experts are calling "the perfect storm" for both buyers and sellers. Sellers are getting multiple offers and they are usually higher than the listing price. Buyers are seeing the benefits of interest rates that are historically low.
Read article - 9news.com (Ty Dokken, from Metro Brokers also 2013 President)

I have posted the weekly update on WWW.MBRealtyAlliance.com and www.HomeBrokerNetwork.com
End of Blog
Lafayette Group: Meeting Wed. at 9 am.
Please sign up for floor time so we can stay open the following times M-F 9-5 and weekends 10-2.
METRO BROKERS MISSION STATEMENT
"Providing the Framework, Structure, Brand and Freedom for Real Estate Brokers to Work Professionally,
Efficiently and Profitably."
REALTY ALLIANCE, LLC. MISSION STATEMENT
"PROVIDING TOOLS, SERVICES AND COMMUNICATIONS FOR YOUR SUCCESS"
Location, Location, Connection
"getting the job Done!"
Thank you
Bob Luna, GRI

Realty Allince LLC

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