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New leaders at the Metro Denver EDC

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The Metro Denver Economic Development Corp. announced today new leadership appointments to its Executive Committee and Board of Governors. John Beeble, president and CEO of Saunders Construction Inc, has been appointed to a two-year term as a Co-Chair of the Executive Committee. Beeble joins existing Co-Chair Don Marshall, regional president of Wells Fargo Bank. “I am honored to be asked to serve…

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TV appearance with Tom Wiens

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Last month I was on a TV show with former State Sen. Tom Wiens. It was moderated by Jon Caldara, president of the Independence Institute.  We talked about real estate. It was fun. It just occurred to me I should post it. Thanks for sending me the link, Amy. Here it is: http://www.youtube.com/view_play_list?p=C05205E578FCC9E0 John RebchookJohn Rebchook has more than 30…

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Denver-area housing prices up 27 percent since 2000

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Home prices in the Denver-area are up 26.92 percent since 2000, according to the S&P/Case-Shiller report released today. Denver ranked No. 3 on the report for the year ending in June, as I wrote on my blog this morning. That puts Denver fairly squarely in the middle of the pack.  Nine cities did better and 10 cities did worse. But…

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Cryer says Shiller correct about mixed signals

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“Well, if prices go up 10 percent, but the market had gone down 30 percent, you can still be in trouble.”

Buying in 1998 or 1999, would have been a savvy financial move. And that may be where the market is today. Tom Cryer

Home market sending mixed signals

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The S&P/Case-Shiller report released today has some encouraging news for both the Denver and national housing markets, as you can read in the blog I posted early this morning. It shows that Denver houses lost 3.6 percent in the first six months of the year, good enough for No. 3 in the country. Following the release of the report, David…

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Denver ranks third in June, shows Case-Shiller

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The Denver metro area’s housing market ranked third in the nation,  with homes losing 3.6 percent of their value in the year ending in June, according to the S&P/Case-Shiller Home Price Indices released today. The Case-Shiller report, perhaps the most most closely followed and most influential real estate index, showed that once again, Denver did far better than the top…

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S&P Chief Economist bullish on Denver's housing

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The closely watched S&P/ Case-Shiller Price Indices is scheduled to be released Tuesday morning. But before the report is released, David Wyss, the chief economist for Standard & Poor’s, answered a few questions posed by InsideRealEstateNews.com. “Denver has been doing much better than the rest of the country,” Wyss said by e-mail, when I asked him how Denver stacked up…

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For Sale by Owner: Not An Easy Sell

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I recently received an e-mail from a woman with a background in marketing and graphic arts who wants to sell her rental home in the Cherry Creek North area without a broker. She created a very attractive, professional-looking brochure for her expensive house. It is loaded with photos and information. She and her husband have done this before, so are…

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The real estate world changed two years ago

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Almost exactly two years ago, my wife Kimberly and I bought a new town home in the West Highland neighborhood in Denver. The purchase was the subject of my first blog at the Rocky Mountain News, where I covered real estate for more than a quarter of a century, before its demise in late February. I’m re-running this in InsideRealEstateNews.com,…

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The "Flipper" and the REALTOR®

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by Oliver E. Frascona, Esq. The REALTOR® listed the sellers’ house and started working hard to sell it. Along comes the flipper and asks if he can buy it at a reduced price in a short sale. The REALTOR® writes the contract and submits it to the seller who signs it and then it is submitted to the lender for…

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