Mortgage articles from the post:

As the housing market crumbles, homeowners are worried about mortgage payments and sellers are worried about slumping prices – but the companies that insure their loans are worrying about their very survival in the face of billions of dollars in claims.

Read the full article: Mortgage insurers feeling housing slump

The Mortgage Reports has an interesting article on the Global Economy with respect to where different countries and their GDP map to each state in America. According to the map:

Colorado equates to Finland.

Photo courtesy of Visit Finland.

The Denver Post is a terrible read Monday through Friday but Sundays they tend to “bring it” and “keep it real” when it comes to real estate. This past Sunday they had a great article on appraising Denver real estate.

Read the full article: The measure of a home

Mortgage article from the Denver Post:

An increased number of subprime loans were made to Colorado residents in 2006, according to a report issued Tuesday by the Colorado attorney general’s office.

Read the full article: Colo. subprime loans soar in ’06

The Fed’s lowered rates on Halloween:

The Federal Reserve handed out a second interest rate cut on Halloween, giving markets and borrowers the treat they were expecting.

It was my daughter’s first Halloween. She dressed up as a “Happy Pumpkin.” Not the evil  wicked pumpkin that her dad (me) carved the night before. I on the other hand haven’t dressed up for Halloween since 1999 when I dressed up as Mike Piazza. I still can’t believe I lost to a person who wore an orange hooded sweat shirt and claimed to be Kenny from Southpark.

Read the full article: Interest rate cut spooks skeptics

when no one’s buying:

The subprime market meltdown is hitting home builders in the Denver area harder than anytime since the 1980s, when the economy collapsed in the wake of an oil and gas bust.

Read the full story: Denver builders skirting bottom

If you’ve ever played Overland you’ve probably felt like a MILLION bucks. My best scores always occurred after 9 or 18 holes at “Overdog.” It’s in a great spot and just like any great spot it’s about to be exploited:

Home prices in Denver‘s Overland Park neighborhood are on the rise as homebuyers and developers realize the centrally located area’s potential, despite being wedged between major industrial parks and bisected by a busy highway and train tracks.

Yogi Berra once coined the phrase: “It’s so popular no one goes there anymore.” Let’s hope that Overland stays a municipal course forever. I like to feel good about my golf game every now and again.

Read the full article: Overland’s industrial evolution

Foreclosure article from the Denver Post:

A third-quarter report on home values in the metro area shows that foreclosures and short sales are still having an impact on Denver-area housing markets – particularly those where homes are priced at no more than $200,000.

Read the full article: Foreclosures slam door on home prices

Article from the Rocky Mountain News: Denver wants to avoid sprawl at Southmoor

The city of Denver wants future development around the Southmoor light-rail station in southeast Denver to avoid the “random, piecemeal” sprawl that exists along nearby Hampden Avenue, Peter Park, the city’s manager of planning and development, said Tuesday.

For all you tech geeks… MICRO CENTER is a stone throw away from Southmoor.

Denver lost the World Series (were we even in it?) and the Broncos lost in OT to Favre and Green Bay but Denver kicked some major tail recently:

Denver squeaked out the No. 1 ranking in a national report on home prices released Tuesday.

The closely watched S&P Case-Shiller Home Price Indices showed that Denver-area homes gained 0.3 percent in value from July to August.

From June to July, Denver homes rose in value by 0.8 percent, bested only by the 1 percent increase experienced by Detroit during that period.

Read the full story: Denver tops home-price index

Read more on the Case-Shiller Home Price Indices