Are you an out-of-state seller? With some exceptions, all sales of Colorado Real Property over $100,000.00 by non-residents are subject to a 2% withholding tax. This regulation dates back to January 1993 in anticipation that Colorado income tax may be due on a gain from the sale. Although this has… Read More
Mortgage Rates Remain Low After Fed Meeting
Mortgage rates fell for the third week in a row, and the rate on the most popular mortgage hit a record low, thanks to the Fed and the ongoing European debt crisis. Rates have stayed near the bottom for this long partly because of the Fed’s economic stimulus, including its… Read More
Housing in Mountain States Climbs Back
Residential housing in the mountain states of Colorado,Utah and New Mexico is looking stronger than many others, but that’s partly because the comeback hasn’t been as steep. Simply put, homes in the region didn’t appreciate in value over the last decade as much as in the coastal regions, Arizona or… Read More
Fed Can’t Keep Rates Low Forever
Mortgage rates inched up this week after the Fed signaled to investors that it won’t buy more bonds to provide further stimulus to the U.S. economy. The Fed has helped to keep mortgage rates artificially low through its continuous purchase of government and mortgage bonds, which is a policy known… Read More
Selling Your Home in Today’s Market
As Colorado’s housing market continues to bounce back from the recession, more and more buyers have decided they can’t wait any longer – now is the time to get back into the market to find their next home. While the real estate market still has its challenges, things are very… Read More
Colorado Ranked 3rd for Economic Competitiveness
Colorado ranked 3rd for economic competitiveness – Among the 50 states, Colorado ranked 3rd best in Beacon Hill Institute’s State Competitiveness Report, an annual comparison of readiness for prosperity. The index is based on 44 economic indicators in categories: government & fiscal policy, security, infrastructure, human resources, technology, business incubation,… Read More
Denver Metro Area’s Luxury Housing Market Flat in January, Coldwell Banker Residential Brokerage Reports
Luxury home sales in the Denver Metro Area were essentially flat in January after strong year-end gains in December, according to Coldwell Banker Residential Brokerage, Colorado’s leading provider of luxury real estate services. A total of 41 homes sold for more than $1 million last month, exactly the same number… Read More
Colorado Real Estate
Mountain Homes, Evergreen CO Real Estate, Conifer, Golden Colorado, Genesee, Morrison CO, Pine, Bailey, Denver Metropolitan Front Range, Denver Foothills Real Estate Website, Evergreen Colorado Real Estate, Golden CO, Lakewood, Littleton, Denver, Denver metropolitan area, Denver Foothills, Real Estate for sale, mountain communities of Denver, Conifer CO Real Estate, Genesee,… Read More
Mortgage Rates Rise but Fear Not
Feb 23rd, 2012 Mortgage rates came off historic lows this week, but remained appetizingly low as sales of previously owned homes picked up steam last month. Fear not if you don’t feel ready to refinance or buy, or if you don’t qualify. Mortgage rates likely won’t move too much over… Read More
