Category Archives: Denver Real Estate

Denver Real Estate

Condo Conversions and the Dark Underbelly of the Subprime Mess

I just walked out of the second recent condo conversion in a month that I saw back on the market way at about 30% of what it had sold for.  It had been ‘flipped’ in 2006 by some investors.  In my humble opinion, it seems suspicious to me when large numbers of foreclosures show up all at once in [...]
Also posted in Flipping, Fraud, General Interest, foreclosures, housing bubble | Tagged , | Leave a comment

Top 5 reason’s to buy a home right now. The Spring of 2008

I’m sure there is a lot of reason’s why you may feel you shouldn’t buy a home right now, but here are reasons you should. 1.  You are an investor with a long term view to acquire properties that should appreciate during the next cycle while cash flowing in the short term.   Great investors don’t buy in hot markets, [...]
Also posted in Buying a home, Investing, rental, value | Leave a comment

HQHomes just launched a new website and blog…

I know what your thinking,  HQwho?  Don’t fault yourself for not hearing of it.  I’ve been working with them for about three years now during which we’ve (notice my team approach) implemented many changes to improve the overall direction and marketing presence of the company.  Since some of the others in our company are just warming up [...]
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Real Estate, Art and the Mad Man

Can you imagine what the Mona Lisa would look like if Leonardo da Vinci worked quickly with a 4 inch brush?  He probably would not have caught the details necessary to communicate his intent and we likely would never have even heard of this masterpiece.  If the details get lost in translation, much of the [...]
Also posted in Buying a home, Investing, Stock Market | Tagged , , | 1 Comment

The Armchair Economist – Fed Rate Cuts and the Knee Jerk Reaction

  I’m putting on my armchair economist’s hat today.   I’m still amazed that people would get excited enough to buy stocks just because the Federal Reserve announces a rate cut but it happens more times than nought.   You would think that a savvy investor would buy a particular stock based off of expected growth of the asset [...]
Also posted in General Interest, Investing, Stock Market | 1 Comment

Five Tips for Home Buyers when Purchasing the Biggest Investment of their Life

In case you didn’t catch the Today Show this morning.  A home buyer in San Diego is suing her Realtor since she discovered she paid $175k more than her neighbor did for their house.   She blames her Realtor for allowing her to ‘overpay’ for her home.  I’ll go out on a limb and say she doesn’t have [...]
Also posted in Buying a home, value | 2 Comments

How much is too much?

“That’s too expensive.”  The words have the sound of an excuse to me.  I would respond better to, “That appears to be an inappropriate purchace considering current trends and the inability of the product to add real value to our enterprise within our time constraints.”  At least it would show me that they thought it [...]
Also posted in Business, Marketing | 3 Comments

When will Real Estate 2.0 invade the rest of the industry?

Have agents made so much money in the past that they need not be concerned with details?  Most of the ancillary services offered to Realtors have a common thread.  Good enough is good enough.  Websites don’t need to look good, you just need to have one.  “Get a template.” Standardized direct mail marketing.  Hey we all say the [...]
Also posted in MLS, Marketing, Realtor | Leave a comment

So it’s worth $500k, how much will you give me for it?

$1 dollar.  That should get the ball rolling.  I wonder how often marketers abstractly anchor us at a higher price even though they know they can accept much less. A while back I had a discussion about pricing over on the Sellsius blog.  The author suggested that you could get a better price by not actually anchoring the final value by [...]
Also posted in Marketing, pricing | Leave a comment

Who would actually pay price the builders are asking?

I noticed that many builders have inflated their abstract pricing on their inventory in order to offer better incentives and offer ‘dramatic’ price cuts so that buyers feel like their getting great deals when they buy a new home.  I recently sold a home in the Village at Centennial  near the Denver Tech Center where the builder was offering [...]
Also posted in Marketing, Negotiations, foreclosures, housing bubble, pricing | 1 Comment