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Foreclosure help not always
sought,
an article from
The Denver Post,
reports that the Colorado
Housing and Finance
Authority looked at areas
where residents were calling
in to the Colorado
Foreclosure Hotline and
areas with high foreclosures
between Nov. 27 and April
4. Of the 11,633
foreclosures started in that
time frame on $2.2 billion
worth of loans, the CHFA
found seven ZIP codes where
people were not seeking
help. Included in that list
is 80010, the Fitzsimons
area of Aurora; 80017, the
Buckley area of Aurora;
80916, Peterson Air Force
Base near Colorado Springs;
80204, the Invesco Field
area of Denver; 80239, the
Montbello area of Denver;
80631, north Greeley; and
80134 in Parker. According
to CHFA spokeswoman Jerilynn
Martinez, Gov. Bill Ritter
will be featured on
postcards sent out, to
distinguish them from the
flood of solicitations sent
to people in foreclosure.
On Monday, Gov. Ritter
declared this week
"Foreclosure Prevention
Awareness Week" to promote
awareness of the foreclosure
hotline.
http://www.denverpost.com/business/ci_9007106
It's spring ... Ready to buy
a home yet?,
an article from
Business Week and MSNBC.com,
reports that spring is
traditionally the busiest
time for real estate,
largely because parents,
readying for a summer
purchase, don't want to move
during the school season.
With the housing slump in
its third year, many buyers
are reluctant to take a
chance on real estate in the
face of continuing price
declines, foreclosures,
record gas prices, job
losses, and general economic
uncertainty. The news isn't
all bad for buyers. For
some the timing couldn't be
better. There are lower
prices in some markets that
are making homes affordable
for first-time home buyers
and more attractive for
investors on the lookout for
fire-sale discounts. James
Hughes, Dean of the Edward
J. Bloustein School of
Planning & Public Policy at
Rutgers University said, "If
it doesn't pick up this
spring, then we'll have
another year on the down
cycle. If it does pick up,
we'll have modest
stabilization."
http://www.msnbc.msn.com/id/24245203/
Additional articles that you
may find of interest:
City getting into a green
groove
http://www.gazette.com/articles/springs_35533___article.html/colorado_earth.html
Postcards offer help to keep
your home
http://www.gazette.com/articles/foreclosure_35524___article.html/colorado_housing.html
Recycled asphalt: the green
roadway in the paving
industry
http://www.csbj.com/story.cfm?ID=19796
Many problems with mortgage
bailouts
http://money.cnn.com/2008/04/22/news/economy/housing_rescue/index.htm?postversion=2008042209
Spectacular Marketing
Campaign
http://realtytimes.com/rtpages/20080422_spectacular.htm
SBA Head Picked to Run HUD
http://www.realtor.org/rmodaily.nsf/pages/News2008042104
Steps to Save Energy on
Earth Day, Minimize
Footprint
http://rismedia.com/wp/2008-04-21/steps-to-save-energy-on-earth-day-minimize-footprint/ |