Jan
25
Keeping up with…
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Keeping up with the low interest rates: . I haven’t seen rates on a 30 year fixed this low in years. Yet for some strange reason people are playing the “wait and see” game. Personally I hate this game mainly because people don’t know jack about the mortgage market. The rate cut means nothing to the mortgage market. Nothing. My advice is simple, if rates are low enough for you to act, then act.
Keeping up with the Joneses: . I had an interesting discussion with a friend of mine in California who said “It’s hard to keep up with the Joneses especially when the Joneses are totally out of control.” Foreclosures are rampant in California and it’s getting worse. Maybe now people will try to keep up with their other neighbors, the ones with the older model cars.
Keeping up with Tom Brady. I have a lot of respect for Tom Brady, however, I seriously question why he’s in NY the week before the big game. Shouldn’t he be in Mexico where the weather is much warmer.
Keeping up with the weather: Being an avid skier it pains me to say that I hate snow and i’m looking forward to the 50 degree weather in Denver this weekend.
Keeping up with a 20 month old: Having a child means reliving your childhood. Except my childhood didn’t include visits to the stockshow.
Keeping up with DirecTV: I dropped satellite television the first week of the year. I was sick all week and instead of watching Rome is Burning and SportsCenter I had to endure Dr. Phil and Oprah. I must say that watching daytime television is more painful than watching Fox News.
Keeping up with the Rebate: The feds are implementing a rebate to invigorate the economy. Some people weigh in on what they’d do with the money. The Federal Government is giving us money to spend it elsewhere. Give a man a fish and they’ll keep up with the Joneses….
Oct
12
Foreclosure Caesar
Filed Under foreclosure, real estate, rocky mountain news | Leave a Comment
Being of Roman descent (Alfedena for those who like geography) I prefer Caesar to Czar:
Susan Foley, recently appointed “foreclosure czar” for the city of Denver, has seen firsthand the impact of people losing their homes.
According to the article, Susan Foley has been a planner for Denver’s economic development office for 20 years and also works as a real estate agent.
Read the full story: Why homes are lost studied
Jul
23
Links: Moving up like George and Weezie!
Filed Under blog, denver, mortgage | Leave a Comment
Interesting links from the web:
The Denver Post has a great article, Sales surge for digs over $1M, on why the upper end homes are selling like hot cakes. Denver homes in the million dollar range are doing very well because move up buyers have done well with their investments in the stock market. Moving up like George and Weezie!
Speaking of luxury properties, I ran into my friend Dan at the Denver based real estate and mortgage blogger meet up last week. He now works for LuxuryProperty.com, a site that specializes in million dollar homes nationwide. Look for their launch very soon.
Jonathan Miller of Miller Samuel discusses when prices rise, people remodel. Anyone who links to a Roxy Music clip is pure genius in my book!
Just like every kid, I grew up playing soccer. It’s the premier sport in the world. Somehow it just doesn’t have mass appeal in America. Consider that Denver just hosted the Major League Soccer all-star game, did anyone care?
Chinatown real estate is hot according to CBS. This begs the question where is Chinatown in Denver? My best guess is Alameda & Federal area with their wide array of Chinese restaurants.
Apr
9
Thank you Joe Nacchio!
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I have a running joke with my wife every Monday night. We usually watch “24″ at 8 PM and it’s followed by the Fox Evening News at Nine. After the scenes for the next 24 episode come on, I usually say “Up next on Fox News, something bad happened, something worse happened, and we have a dog story that will touch your hearts.”
I changed the channel to the Nuggets versus Lakers game too quickly to see if my prophecy was fulfilled.
If it’s negative, you’re going to hear about it whether it’s in the news, on a blog, or in a conversation. I blog about mortgages so lately it’s been tough to blog about recent events because of all the negativity surrounding the industry.
That’s why I want to say Thank You, Joe Nacchio! You’ve pushed the mortgage madness here in Denver and Colorado to the back burner while your insider trading trial is underway.
Oct
16
Boy am I lucky!
Filed Under mortgage | Leave a Comment
Last Sunday I was in Oahu, Hawaii. I got up really early (5 AM) to play a round of golf. After my round, I returned to my room, ate chex mix for lunch, watched the Eagles shut up T.O. and the Cowboys, then joined my wife at the beach. My evening ended eating dinner at a Polynesian luau.
This Sunday is much different. I’m in Denver, Colorado. I don’t get up at 5 AM, I get up much later. I spend most of the day in my pajamas watching the early NFL games. I finally start my day at 1 PM to run some errands and rake the leaves. When I finish up, I find out that Hawaii (the Big Island) was hit by an earthquake. The aftershocks of the 6.6 magnitude earthquake caused 90% of Oahu to lose power.
My thoughts and prayers go out to everyone in Hawaii. I’d also like offer a salvo towards CNBC and MSNBC and FOX NEWS, your news coverage on this event was pathetic!