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Monthly Archives: October 2011
Short Sale versus Foreclosure
People often ask me the difference between a short sales and foreclosures. While related, there is a substantial difference, both in the process and in the impact on the owner’s credit report. A foreclosure is initiated by the lender, typically … Continue reading
Posted in Short Sales & Foreclosures
Tagged Breckenridge, Foreclosure, real estate, Short Sales, summit county
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Summit County for sale inventory on the decline
According to the National Association of Realtors (NAR), the inventory of homes listed for sale fell 20% compared to a year earlier. At 2.19 million homes, that represents the lowest inventory since Realtor.com began tracking the data back in 2007. … Continue reading
Home ownership
Here is an interesting article regarding home ownership. Of course, not sure if being the highest is good or bad. Home ownership is good but not if one is buying something they really aren’t qualified for. http://realtormag.realtor.org/daily-news/2011/10/14/5-states-highest-home-ownership-rates
Posted in Random Thoughts
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Up to date
As a licensed Colorado real estate agent I am required to take continuing education courses to maintain my license. The licensing board requires 24 hours of education every three years including a four-hour annual update course each year. Yesterday, I … Continue reading