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Hues you can use,
an article from
The Denver Post, reports
that carefully weighing the
pros and cons of every color
on every wall can help a
seller when preparing their
home for the
market. Realtor David
Stauffer of Trenka &
Associates in Denver
said it's hard to argue with
the conventional wisdom
regarding a home's
interior. He said, "You're
always going to get the
Realtor to say the safer
approach is (using) earth
tones and more neutral
colors." If hiring an
interior designer isn't in
the budget, Stauffer
suggests checking out the
latest Pottery Barn catalog
or resort brochure for
inspiration. According to
the Colorado Association of
Realtors, anyone who thinks
a home's interior colors
don't influence a potential
homebuyer should consider
that on average, homebuyers
take about 15 seconds to
decide if they like a home.
Michael Kearns, a managing
broker with Re/Max City
Horizons at Stapleton said,
"If (buyers) walk into a
house that doesn't have
color but has beige carpets
and beige walls, the house
doesn't make a lasting
impression on them."
http://www.denverpost.com/economy/ci_9582644
Property-flipping rule
suspended,
an article from
CNNMoney.com,
reports that as part of an
effort to help speed the
sale of foreclosed
properties, The Bush
administration is
temporarily suspending a
5-year-old rule intended to
deter property flippers.
For one year, the Federal
Housing Administration will
no longer impose a 90-day
waiting period before
foreclosed properties can be
sold to receive
government-backed loans. In
2003, the policy was put in
place to deter property
"flipping" schemes, in which
buyers are overcharged for
foreclosures or other
distressed properties. Now,
a far more important concern
is the surge in vacant
properties resulting from
borrowers who were unable to
afford their mortgages. FHA
commissioner Brian
Montgomery said in a
prepared statement, the new
policy "will allow
homebuyers to purchase these
homes in much greater
numbers and ease the excess
supply of unsold homes."
http://money.cnn.com/2008/06/13/real_estate/property_flipping.ap/index.htm?postversion=2008061316
Additional articles that you
may find of interest:
State ranked 7th in
foreclosures
http://www.rockymountainnews.com/news/2008/jun/13/state-ranked-7th-in-foreclosures/
A warning for homebuyers
http://www.gazette.com/articles/homebuyers_37308___article.html/warning_.html
Looking up in down times
http://www.gazette.com/articles/down_37309___article.html/looking_times.html
Business pioneers have
wisdom that can impact your
success
http://www.csbj.com/story.cfm?ID=20026
The housing bubble, in four
chapters
http://www.msnbc.msn.com/id/25169510/
How the housing bubble burst
http://www.msnbc.msn.com/id/25184933/
Washington Report:
Downpayment Gift
http://realtytimes.com/rtpages/20080616_washingtonreport.htm
Forget Open Houses, Plan an
Event
http://www.realtor.org/rmodaily.nsf/pages/News2008061302
How to Succeed at Being
Honest - Getting Realistic
with Property Descriptions
http://rismedia.com/wp/2008-06-13/how-to-succeed-at-being-honest-getting-realistic-with-property-descriptions/ |