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Lawyer doesn't see Erin Toll's victory as helping consumers

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“I can say we are disappointed by the ruling,” Wayne Vaden.

Colorado Real Estate Division wins lawsuit

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“The court’s decision is a giant step toward combating mortgage fraud and protecting consumers,” Erin Toll

Home prices fall nationally, but rise in Denver

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Denver bucks the national trend of home prices falling.

Inventory of unsold homes drops nationally

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The national housing inventory at the end of September fell 7.5 percent to 3.63 million existing homes available for sale, the National Association of Realtors reported today. That represents represents an 7.8-month supply at the current sales pace, down from an 9.3-month supply in August. Unsold inventory totals are 15.0 percent below a year ago. “The current housing supply is…

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First-time home buyers account for 45% of market

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“Potential first-time buyers can take heart in that affordability conditions this year are the highest on record dating back to 1970, but with the first-time buyer tax credit scheduled to expire at the end of next month, people could hold back from entering the market,” NAR President Charles McMillan.

Home sales surge in September

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“Despite spectacular gains in the stock market, principally from the financial sector recovery, most of the 75 million home owning families have more wealth tied to their homes,” Larence yun, NAR chief economistt.

Arvada home auction set for Friday

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“Great fix and flip opportunity for an investor or an excellent choice for a first-time home buyer.” A.J. Karas

Real estate agents indicted for sham short sales

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No one wants to be indicted. Oliver E. Frascona.

Michelle Brokaw honored by CREW

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Michelle Brokaw, CEO of Denver-based Fleisher Smyth Brokaw has received  the 2009 CREW Woman of Vision award. The award was given at the Commercial Real Estate Women’s, (CREW’s) 10th annaul Women of Inluence Award Luncheon,  held on Tuesday at the Ritz-Cartlon Hotel in downtown Denver. “This honor is awarded to the woman who has stepped out and created her own…

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CAMB president understands mortgage broker fee increases

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Rod Cameron understands why the Colorado Division of Real Estate is raising its fees for mortgage brokers. “I knew they were going up, but I did not know by how much,” said Cameron, who is president of the Colorado Association of Mortgage Brokers, and principal of Golden-based Cameron Financial Services. Starting on Nov. 1, it will cost $245 to renew…

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