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Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts

Tuesday, March 29, 2011

US Home Values In Decline

PMI Mortgage Insurance economists have stated that home prices in 35 states have over-corrected into very affordable price ranges.  Income and home prices should grow at relatively similar rates, thus experts find disposable income to be a reasonable measure of home affordability.  Referencing that disposable income measure, Colorado and 18 other states' home prices were found to have remained inline with disposable income.  Even as home sales are predicted to increase, home prices overall are likely to see little change in 2011 as the Fed is unlikely to increase rates this year.  


CBS Evening News ran a story tonight discussing the state of the US home market on this topic.

VIDEO OF INTEREST:

[Housing market, mortgage rates, home prices, home sales]

Home values dropping across U.S.

by Rebecca Jarvis & Erica Hill
CBS EVENING NEWS





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Friday, March 18, 2011

Colorado rolls out GreenMLS 2.0

ARTICLE OF INTEREST:

[Colorado Business, Real Estate Listings, MLS, Electronic Descriptions, Energy Improvements]

Home listings note green quotient

by Steve Raabe
THE DENVER POST

http://www.denverpost.com/business/ci_17577908



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Thursday, March 17, 2011

Colorado real estate listings go green

After living in Boulder county for so long, I'd become used to seeing sustainability improvements like solar panels and energy efficient systems going into homes in the area.  I'd always assumed that improvements like these were easily reflected and searchable in property listings.  As it turns out, they haven't been... until now!

Green construction professionals have sought to integrate these overlooked eco-friendly features for some time.  Previously, a lack of clear resale value limited builders to merely suggesting that green improvements would bring return on investment for the home.  Now, at least five of the eighteen MLS systems in Colorado are joining about 80 MLS systems nationwide in adding quantifiable environmental/ green data fields on the MLS and financing input sheet providing appraisers with critical comparable information.


ARTICLE OF INTEREST:


[Boulder Real Estate News, Green Homes, Colorado Real Estate Business News]


Real estate listings in Boulder to include green features

Industry calls new MLS system a 'huge step' in the right direction

by Coutney Holden
Boulder Daily Camera

http://www.dailycamera.com/boulder-realestate-news/ci_17366211





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