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Cybercriminals targeting home buyers

By jho26 | Sep 23, 2017

Cybercriminals targeting home buyers and sellers nationwide. Tips on how to protect yourself. This past February, a Colorado seller lost over $80,000 from the sale of their property to one of these scams. How do the scams work? Often the computer hackers monitor email exchanges between the parties of a real estate transaction and gain specific…

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Investors to react

By jho26 | Aug 16, 2017

Tensions between the United States and North Korea heightened this week, causing investors to react and move dollars into the less-risky Bond markets. Stock markets plunged as a result. Meanwhile, inflationary pressures here at home were anything but tense. Wholesale inflation in July was tame. The Producer Price Index (PPI) and Core PPI, which excludes…

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Survey: Pets Drive Millennials’ Decision to Buy

By jho26 | Aug 4, 2017

  Marriage and having children may be the life events that traditionally have prompted people to transition into homeownership. But for some millennials, the need for more space is particularly tied to their furry friends. Read more: Use Pets to Sell More A third of recent home buyers ages 18 to 36 say their decision…

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Wire Fraud

By jho26 | Jul 21, 2017

*Always confirm your account number with your closer and Realtor at closing when using a wire.

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The Top Cities for Out-of-Town Home Buyers

By jho26 | May 26, 2017

In the first quarter of 2017, nearly one in five home buyers focused their online searches on properties outside of their current metro area, according to an analysis by Redfin of nearly 1 million users searching for homes across 75 metro areas. Read more: Expert Tips for Upping Your Relocation Game There are not enough “budget-friendly housing”…

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House Bill Regarding Marijuana

By jho26 | May 12, 2017

House Bill 17-1220, places limits on the number of marijuana plants that can be possessed or grown on a residential property. Large residential marijuana grows and the manufacturing operations they often bring with them have many consequences, including obvious health and safety concerns, an increase of both human and automobile activity, extensive odors, and potential stigmatization…

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Real Estate Highlights

By jho26 | Apr 13, 2017

Highlights for March 2017 SFD sales: up 12.1% from LY (3,187 units) Average Sold price for SFD: up 8.2% from LY ($467,730) Days on market for SFD: 29.6 for March Active Listings for SFD: up 1.4% from LY (3,760 units) Highlights for 1st Quarter 2017 SFD sales: up 7.8% from 1st Quarter 2016 (7,403 units) Average Sold price for SFD: up 7.7% from…

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Housing News

By jho26 | Mar 19, 2017

Existing home sales surged to a 10-year high in January. Demand remains strong as buyers shrug off increasing prices and higher mortgage rates. A survey of 30 analysts by Reuters predicts home prices will rise at almost double the current rate of underlying inflation and wages over the next few years. Small investors buying homes…

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Bond Prices and Interest Rates

By jho26 | Mar 3, 2017

The week is loaded with headline reports. Which ones will land above the fold and move markets? Pending Home Sales will be delivered Monday. Manufacturing data releases start on Monday with Durable Goods Orders. The Chicago PMI will be released Tuesday, followed by the ISM Index Wednesday. The second estimate for first quarter Gross Domestic Product will be watched by investors as well…

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