New Area Mortgage Help Program

The City of Denver and several nearby cities are now offering down payment and closing costs help for homebuyers. The program, called Metro Mortgage Assistance Plus, offers up to 4% of the loan amount in the form of a grant, not a loan.
Requirements include a FICO score of 640 or higher. Income limits are $91,100 for one or two person households, and $103,000 for three person households or larger. Grantees are required to complete a HUD-approved homebuyer class.
For more information visit this site.

to sell or buy, call…
DEBBIE PALLAI
Brokers Guild cherry Creek, Ltd.
303-883-8837
debpallai@comcast.net

Denver’s 2020 Office of Sustainability Goals

Denver Mayor Michael Hancock has announced the goals of the new Denver Office of Sustainability.

By 2020, the intention is to make significant changes in 12 areas. These areas are: air quality, climate change, energy, food, health, housing, land use, materials, mobility, water quantity and quality and workforce.

The City of Denver’s website spells out the details of the goals, but does not say how these goals will be reached.

You may read the entire news story on the website, as well as link to the page itemizing each area and what the its target mission is.

to sell or buy, call…
DEBBIE PALLAI 303-883-8837
Brokers Guild Cherry Creek, Ltd.
debpallai@comcast.net

Metrolist Statistics – November 2012

Metrolist Statistics – October 2012

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

Metrolist Statistics – September 2012

 

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

 

Metrollist Statistics – August 2012

© 1998-2012 Metrolist, Inc. All rights reserved.

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

Metrolist Statistics July 2012

 

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

 

National Flood Insurance Program

Congress has extended the National Flood Insurance Program for five years. President Obama signed the bill on July 6, 2012.

The bill is a great help to homeowners, homesellers, homebuyers and businesses.

Since 2008, the insurance program has been extended by only a few months at a time.

Mortgages on homes in flood zones cannot be made without flood insurance.  In June of 2010, 4o,000 home sales were interrupted because the program lapsed.

If you’d like more information on flood insurance please click here.  The program is administered through FEMA, and this link will take you to their flood insurance page.

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

Denver Real Estate Market Improves

According to Metrolist©, Denver metro area home sales are up 20% over last year’s numbers and 6% over last month.  Average days on market fell 8% over a year ago.

Inventory is down dramatically from 2011 levels.

 Pie charts reprinted from Metrolist © 2012.

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

Metrolist Statistics June 2012

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

www.debpallai.com