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		<title>Home Sales Drop; Colorado Still on High End</title>
		<link>http://rogersrealty.net/2010/08/home-sales-drop-colorado-still-on-high-end/</link>
		<comments>http://rogersrealty.net/2010/08/home-sales-drop-colorado-still-on-high-end/#comments</comments>
		<pubDate>Thu, 26 Aug 2010 03:07:02 +0000</pubDate>
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		<guid isPermaLink="false">http://rogersrealty.net/?p=2594</guid>
		<description><![CDATA[Home Sales Take a Drastic Plunge
]]></description>
			<content:encoded><![CDATA[<p><a href="http://cbs4denver.com/video/?id=74045@kcnc.dayport.com">Home Sales Take a Drastic Plunge</a></p>
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		<title>Region&#8217;s Home Sales Climb in First Six Months of 2010</title>
		<link>http://rogersrealty.net/2010/08/regions-home-sales-climb-in-first-six-months-of-2010/</link>
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		<pubDate>Sun, 01 Aug 2010 18:27:44 +0000</pubDate>
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Sales of all single-family detached homes in Northern Colorado were up throughout the region for the first half of 2010, according to data compiled by Loveland-based Information and Real Estate Services.
Fort Collins reported the highest increase for the period, with 243 more homes sold in 2010 than in 2009. A total of 1,258 homes were [...]]]></description>
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<p>Sales of all single-family detached homes in Northern Colorado were up throughout the region for the first half of 2010, according to data compiled by Loveland-based Information and Real Estate Services.</p>
<p>Fort Collins reported the highest increase for the period, with 243 more homes sold in 2010 than in 2009. A total of 1,258 homes were sold through June compared to 1,015 for the same period in 2009. A total of 310 homes were sold in June, up 33 over May.<img class="image_right" src="http://rogersrealty.net/wp-content/uploads/2010/08/rising-home-sales.jpg" alt="" width="200" height="130" /></p>
<p>Greeley-Evans had the next highest number of homes sold through June at 739, although that was up only 20 over the same six months in 2009. Greeley-Evans reported 146 homes sold in June, down by 10 from May.</p>
<p>Loveland-Berthoud reported 728 homes sold through June, up by 149 over the same period in 2009. A total of 169 homes were sold in June, up 11 over May.</p>
<p>Estes Park reported 92 homes sold through June, up by 18 over 2009. Eighteen homes were sold in Estes Park in June, up by six over May.</p>
<p><em>Source: <a href="http://www.ncbr.com/article.asp?id=52788">http://www.ncbr.com/article.asp?id=52788</a></em></p>
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		<title>100 Best Places to Live in America, 2010 Edition</title>
		<link>http://rogersrealty.net/2010/07/100-best-places-to-live-in-america-2010-edition/</link>
		<comments>http://rogersrealty.net/2010/07/100-best-places-to-live-in-america-2010-edition/#comments</comments>
		<pubDate>Thu, 22 Jul 2010 02:49:43 +0000</pubDate>
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If you focus only on the averages, life in the typical American town frankly   doesn&#8217;t seem so hot right now. The median home continues to lose value. Cash-strapped state and   local governments are cutting services. And [...]]]></description>
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<p class="article">If you focus only on the averages, life in the typical American town frankly   doesn&#8217;t seem so hot right now. The median home continues to lose <a href="http://realestate.yahoo.com/Homevalues">value</a>. Cash-strapped state and   local governments are cutting services. And unemployment, at 9.3%, is still   high.</p>
<p class="article">But those bummer statistics obscure one important-and encouraging-fact: There   are plenty of outliers. MONEY found them through its annual search for the best   places in America, which this year focused on the nation&#8217;s small cities (those   with populations of 50,000 to 300,000). Reporters crunched reams of data to find   the optimal combo of job opportunities, fiscal strength, <a href="http://realestate.yahoo.com/Schools/result.html">top-notch schools</a>,   low crime, good health care, lots to do, and many other factors that help <a href="http://realestate.yahoo.com/neighborhoods">make a town great</a> for   raising a family.</p>
<p class="article">And because numbers don&#8217;t tell you anything about charm and community spirit,   reporters visited 30 of the highest-ranked towns in person. Those that made the   cut landed on MONEY&#8217;s top 10 list. As you&#8217;ll see, these places are anything but   average.</p>
<p class="article"><strong><img src="http://rogersrealty.net/wp-content/uploads/2010/07/eden-prairie.jpg" width="300" height="200" class="image_left" />1. Eden Prairie, MN</strong><br />
  <strong>Population</strong>: 64,000 <br />
  <strong>Unemployment</strong>: 5.1%<br />
  <strong>Pluses</strong>: Plenty of   jobs, very low crime, lots for kids to do<br />
<strong>Minus</strong>: Long, cold   winters</p>
<p class="article">Why is <a href="http://realestate.yahoo.com/Minnesota/Eden_Prairie">Eden   Prairie No. 1</a> this year? Not only is it family-friendly, it has a dynamite   economy too. </p>
<p class="article">At 5.1%, its unemployment rate is nearly one percentage point below the   county rate and more than four points below the national average. It helps when   you&#8217;ve got 50,000 jobs right in town. </p>
<p class="article">Major employers include Fortune 500 trucking company C.H. Robinson,   hearing-aid maker Starkey Labs, and the <a href="http://realestate.yahoo.com/Minnesota">Minnesota</a> Vikings, whose   practice facility and front office are here. As for fiscal strength, Moody&#8217;s   gives <a href="http://realestate.yahoo.com/Minnesota/Eden_Prairie">the town</a> a perfect AAA bond rating.</p>
<p class="article">While it doesn&#8217;t have much of a downtown, there&#8217;s plenty of outer beauty:   from gently rolling hills to 17 lakes that residents flock to year-round for   swimming and ice skating. Town parks are laced with 125 miles of running,   hiking, and biking trails. </p>
<p class="article">No wonder residents rank among the healthiest people in the nation. Add in   top-notch schools and safe streets and you&#8217;ve got <a href="http://realestate.yahoo.com/Minnesota/Eden_Prairie">a place</a> that&#8217;s   tough to beat.<img src="http://rogersrealty.net/wp-content/uploads/2010/07/columbia.jpg" width="300" height="200" class="image_right" /></p>
<p class="article"><strong>2. Columbia/Ellicott City,   MD</strong><br />
  <strong>Population</strong>: 155,000 <br />
  <strong>Unemployment</strong>: 5.2%<br />
  <strong>Pluses</strong>: Booming   economy, terrific schools, diversity<br />
<strong>Minus</strong>: Bad traffic</p>
<p class="article"><a href="http://realestate.yahoo.com/Maryland/Ellicott%20City">Ellicott   City</a> boasts grand homes, a lovely 18th-century downtown, and lots of   restaurants. <a href="http://realestate.yahoo.com/Maryland/Columbia">Columbia</a> offers a wide   range of housing, tons of parkland, and a major music venue. But those varied   amenities are far from the only reasons this duo has risen to No. 2 from No. 8   in 2008. It&#8217;s also an economic powerhouse with a jobless rate just as enviable   as Eden Prairie&#8217;s. </p>
<p class="article">The nearby National Security Agency and the Fort Meade Army base together   account for more than 8,000 jobs, and the government plans to move thousands   more positions there by next year. <a href="http://realestate.yahoo.com/Maryland/Baltimore">Baltimore</a> and <a href="http://realestate.yahoo.com/District_of_Columbia/Washington">D.C.</a> are   within commuting distance (30 and 60 minutes, respectively). </p>
<p class="article">As for housing, the <a href="http://realestate.yahoo.com/Foreclosures">foreclosure rate</a> is one of   the lowest in <a href="http://realestate.yahoo.com/Maryland">Maryland</a>, yet   homes are affordable &#8212; by Northeast standards, anyway. Factor in excellent   schools and a diverse population (17% of residents are black, 14% Asian), and   you can see why this place has become a magnet for families.</p>
<p class="article">Even empty nesters like Alma, 46, and Elmer Gill, 54, who have lived in <a href="http://realestate.yahoo.com/Maryland/Columbia">Columbia</a> for 14 years,   appreciate the <a href="http://realestate.yahoo.com/Maryland/Columbia">town&#8217;s</a> appeal. Says   Alma: &quot;There&#8217;s no other place we&#8217;d want to live.&quot;<img src="http://rogersrealty.net/wp-content/uploads/2010/07/newton.jpg" class="image_left" /></p>
<p class="article"><strong>3. Newton, MA</strong><br />
  <strong>Population</strong>: 82,000 <br />
  <strong>Unemployment</strong>: 6.0%<br />
  <strong>Pluses</strong>: Great   schools, low crime, strong economy<br />
<strong>Minuses</strong>: Pricey homes,   bad traffic</p>
<p class="article">Less than 45 minutes from downtown <a href="http://realestate.yahoo.com/Massachusetts/Boston">Boston </a>via train,   subway, or express bus, <a href="http://realestate.yahoo.com/Massachusetts/Newton">Newton</a> is divided   into 13 &quot;villages&quot; loaded with classic New England charm. Most have   pedestrian-friendly shopping districts, parks, and playgrounds. </p>
<p class="article">The town weathered the economic downturn fairly well, thanks to such stable   local employers as Boston College and Newton-Wellesley Hospital. And Greater   Boston, of course, offers a wealth of health care, education, and government   jobs. </p>
<p class="article">Residents rave about the top-ranked schools, and parents are excited for the   new high school opening this fall. &quot;It&#8217;s absolutely beautiful,&quot; says Claudia Wu,   51, an attorney with three school-age kids who has lived in <a href="http://realestate.yahoo.com/Massachusetts/Newton">Newton</a> for 20 years.   It should be: The school cost $197 million, an amount that sparked plenty of   local outrage. </p>
<p class="article">After all, living in <a href="http://realestate.yahoo.com/Massachusetts/Newton">this community</a> is<a href="http://realestate.yahoo.com/Homevalues"> expensive enough</a>: a   three-bedroom house runs nearly $600,000. If it weren&#8217;t for those hefty price   tags, this town would be pretty close to perfect.<img src="http://rogersrealty.net/wp-content/uploads/2010/07/bellevue.jpg" width="300" height="200" class="image_right" /></p>
<p class="article"><strong>4. Bellevue, WA</strong><br />
  <strong>Population</strong>: 124,000 <br />
  <strong>Unemployment</strong>: 5.8%<br />
  <strong>Pluses</strong>: Natural   beauty, excellent schools, diversity<br />
<strong>Minuses</strong>: Pricey real   estate, rain</p>
<p class="article">If forested cityscapes are your thing, this is your kind of place. <a href="http://realestate.yahoo.com/Washington/Bellevue">Bellevue&#8217;s </a>compact   downtown bristles with new skyscrapers that seem to hover above Lake Washington   &#8212; and when the clouds part, mountain views loom.</p>
<p class="article">Real estate isn&#8217;t a bargain, but the town&#8217;s jobless rate is more than two   points below that of the <a href="http://realestate.yahoo.com/Washington/Seattle">Seattle metro area</a>,   thanks to a recent influx of jobs from such employers as Microsoft (which has   moved 6,500 positions here), T-Mobile, Verizon, and Expedia. In fact, <a href="http://realestate.yahoo.com/Washington/Bellevue">Bellevue</a> has more   jobs than it does residents. </p>
<p class="article">And the population is diverse: Nearly a quarter of residents are Asian, and   nearly a third are foreign born.</p>
<p class="article">The <a href="http://realestate.yahoo.com/Washington/Bellevue">town&#8217;s</a> high   schools consistently land at the top of state rankings; despite school funding   cuts throughout <a href="http://realestate.yahoo.com/Washington">Washington</a>,   the town has been able to enhance special ed and gifted programs. There&#8217;s an   embarrassment of arts and entertainment riches, including a philharmonic   orchestra, fine arts museum, children&#8217;s museum, botanical garden, youth theater,   annual jazz festival, and 74 (!) parks.<img src="http://rogersrealty.net/wp-content/uploads/2010/07/mckinney.jpg" width="300" height="200" class="image_left" /></p>
<p class="article"><strong>5. McKinney, TX</strong><br />
  <strong>Population</strong>: 125,000 <br />
  <strong>Unemployment</strong>: 7.8%<br />
  <strong>Pluses</strong>: Affordable   homes, charming downtown<br />
<strong>Minus</strong>: Traffic headaches</p>
<p class="article">Lots of towns near <a href="http://realestate.yahoo.com/Texas/Dallas">Dallas</a> have low crime,   affordable homes, and good jobs; <a href="http://realestate.yahoo.com/Texas/McKinney">McKinney</a> is no exception.   What makes it stand out is its gem of a downtown. Lovingly restored 19th-century   buildings house restaurants, boutiques, and galleries; the 1875 courthouse   contains a new performing-arts center.<br />
  <a href="http://realestate.yahoo.com/Texas/McKinney">McKinney&#8217;s</a> employment   opportunities are robust, sparing many residents a rush-hour drive of up to an   hour to <a href="http://realestate.yahoo.com/Texas/Dallas">Dallas</a>. Defense   contractor Raytheon has a 3,700-person division here, and a mix of businesses in   financial services, medical technology, and eco-friendly manufacturing are   moving in. </p>
<p class="article">Though <a href="http://realestate.yahoo.com/Texas/McKinney">McKinney</a> has   grown like mad over the past decade, you&#8217;d never suspect it when driving through   its tree-filled communities surrounded by ponds, parks, and hiking trails.   Residents say the town has handled the influx well, building plenty of new   schools and hospitals. </p>
<p class="article">And the relatively low real-estate prices thrill transplants from more   expensive locales: A five-bedroom house, with a pool, set on a golf course might   go for $440,000, and you can find homes for a third as much.<img src="http://rogersrealty.net/wp-content/uploads/2010/07/fort-collins.jpg" class="image_right" /></p>
<p class="article"><strong>6. Fort Collins, CO</strong><br />
  <strong>Population</strong>: 141,000 <br />
  <strong>Unemployment</strong>: 7.4%<br />
  <strong>Pluses</strong>: Outdoor   activities, steady economy<br />
<strong>Minus</strong>: School budget cuts</p>
<p class="article">Bikers and beers. In most parts of the country, those two elements may be   reasons to move elsewhere. But in the foothills of <a href="http://realestate.yahoo.com/Colorado">Colorado&#8217;s</a> Front Range, bikers   mean cyclists: <a href="http://realestate.yahoo.com/Colorado/Fort_Collins">Fort   Collins</a> has 29 miles of well-used trails. </p>
<p class="article">As for beers, this town has become a high-end microbrew mecca. New Belgium   Brewery (maker of Fat Tire) is based in this entrepreneurial town, and   competitors are moving in. </p>
<p class="article">People here aren&#8217;t slackers either. Bolstered by Colorado State University,   which employs 7,000, &quot;<a href="http://realestate.yahoo.com/Colorado/Fort_Collins">the Fort</a>&quot; is a   center of economic activity. Hewlett-Packard, the city&#8217;s second-largest   employer, announced worldwide layoffs in June, but they won&#8217;t affect <a href="http://realestate.yahoo.com/Colorado/Fort_Collins">Fort Collins</a>. In   fact, the company is adding jobs here. </p>
<p class="article">This idyllic town &#8212; No. 1 in 2006 &#8212; would rank even higher but for one   thing. (No, it&#8217;s not last summer&#8217;s Balloon Boy hoax, perpetrated by the local   Heene family.) Colorado schools are hurting. After the state sliced public   schools budget this year, Fort Collins&#8217;s Poudre School District laid off 139   full-time employees. <img src="http://rogersrealty.net/wp-content/uploads/2010/07/overland-park.jpg" width="300" height="200" class="image_left" /></p>
<p class="article"><strong>7. Overland Park, KS</strong><br />
  <strong>Population: 175,000 <br />
  Unemployment</strong>: 5.3%<br />
  <strong>Pluses</strong>: Good schools, low   cost of living<br />
<strong>Minuses</strong>: Some job losses, not much   excitement</p>
<p class="article">Ask residents why they chose this <a href="http://realestate.yahoo.com/Kansas/Kansas_City">Kansas City</a> suburb and   you hear one thing over and over: the schools.</p>
<p class="article">Other draws include a 300-acre arboretum and botanical garden, a biweekly   farmers&#8217; market, and a brand-new 12-field soccer complex, which hosts local and   national tournaments. </p>
<p class="article"><a href="http://realestate.yahoo.com/Kansas/Overland_Park">Overland   Park&#8217;s</a> biggest challenge in recent years has been from its largest employer,   Sprint. The company laid off more than 3,000 people here from 2007 to 2009.</p>
<p class="article">But <a href="http://realestate.yahoo.com/Kansas/Overland_Park">the town</a> has had enough success attracting new employers that its jobless rate is still   well below the national average. What&#8217;s more, a division of J.P. Morgan plans to   move 800 positions here early next year. <img src="http://rogersrealty.net/wp-content/uploads/2010/07/fishers.jpg" width="300" height="200" class="image_right" /></p>
<p class="article"><strong>8. Fishers, IN</strong><br />
  <strong>Population</strong>: 69,000 <br />
  <strong>Unemployment</strong>: 6.2%<br />
  <strong>Pluses</strong>: Very low   crime, inexpensive homes<br />
<strong>Minus</strong>: Short on charm</p>
<p class="article">This <a href="http://realestate.yahoo.com/Indiana">Indiana</a> town offers a   winning combination of low-cost houses (you can snag a three-bedroom for less   than $150,000), easy access to the big city, and good schools. </p>
<p class="article">Plus, <a href="http://realestate.yahoo.com/Indiana/Fishers">Fishers</a> is   booming. Development abounds and fully 1,600 jobs were created here last year;   major employers include Sallie Mae and medical device firm Roche Diagnostics. </p>
<p class="article">True, <a href="http://realestate.yahoo.com/Indiana/Fishers">Fishers</a> will   never put anyone in mind of a quaint New England village. But thanks to its   myriad advantages, including lots of community spirit, residents aren&#8217;t   complaining. </p>
<p class="article">Sums up Debra O&#8217;Donnell, 46, a mother of two: &quot;It&#8217;s very easy to live   here.&quot;<img src="http://rogersrealty.net/wp-content/uploads/2010/07/ames.jpg" width="300" height="200" class="image_left" /></p>
<p class="article"><strong>9. Ames, IA</strong><br />
  <strong>Population</strong>: 60,000 <br />
  <strong>Unemployment</strong>: 4.3%<br />
  <strong>Pluses</strong>: Jobs galore,   welcoming vibe<br />
<strong>Minus</strong>: Cold winters</p>
<p class="article">Unemployment at 4.3%? That&#8217;s not a misprint: <a href="http://realestate.yahoo.com/Iowa/Ames">Ames</a> is the home of <a href="http://realestate.yahoo.com/Iowa">Iowa</a> State University, which employs   9,000, and there are lots of biotech and agriculture jobs nearby. Like many   states, Iowa has trimmed university funding, but the school has not had to make   drastic cuts.</p>
<p class="article">If the people who live here get bored, they have only themselves to blame.   Besides Iowa State&#8217;s cultural and athletic offerings, <a href="http://realestate.yahoo.com/Iowa/Ames">Ames</a> boasts 36 parks, a   bustling shopping district, and a new aquatic center. </p>
<p class="article">Sports are big in this <a href="http://realestate.yahoo.com/Iowa/Ames">town</a>: The high school boys   basketball team, girls tennis team, and girls golf team are state champions. But   the friendliness of the community is what newcomers tend to remark upon most. </p>
<p class="article">Says Craig McFarland, 55, a financial adviser who moved here with his family   in 2006: &quot;Our first day, a neighbor came over with cookies.&quot;<img src="http://rogersrealty.net/wp-content/uploads/2010/07/rogers-ar.jpg" width="300" height="200" class="image_right" /></p>
<p class="article"><strong>10. Rogers, AR</strong><br />
  <strong>Population</strong>: 57,000 <br />
  <strong>Unemployment</strong>: 5.8%<br />
  <strong>Pluses</strong>: Low cost of   living, diversity<br />
<strong>Minus</strong>: Strip malls</p>
<p class="article">If you&#8217;re inclined to dismiss a small city in Arkansas as a backwater, you&#8217;re   making a big mistake. <a href="http://realestate.yahoo.com/Arkansas/Rogers">Rogers</a> is right next door   to <a href="http://realestate.yahoo.com/Arkansas/Bentonville">Bentonville</a>,   where Wal-Mart is headquartered.</p>
<p class="article">Given the power of the retail behemoth, many Fortune 500 firms that sell it   their wares have moved executives to the area. Lots of them have settled in <a href="http://realestate.yahoo.com/Arkansas/Rogers">Rogers</a>, giving it a   cosmopolitan feel. (Wal-Mart&#8217;s CEO, Mike Duke, also calls <a href="http://realestate.yahoo.com/Arkansas/Rogers">Rogers</a> home.)</p>
<p class="article">They&#8217;re drawn by top-notch schools and outdoor activities, including swimming   and wakeboarding on the town&#8217;s two lakes and golfing on its five courses.</p>
<p class="article">(Not all is picture perfect: Rogers does contain some rundown areas.) Though   Wal-Mart has had layoffs in recent years, the jobless rate here remains low.</p>
<p class="article"><a href="http://us.lrd.yahoo.com/_ylt=AqOXGPySrZgZJjX.peWdVN_xkdEF/SIG=12h556r0a/**http%3A//money.cnn.com/magazines/moneymag/bplive/2010/snapshots/PL2751730.html"><strong>See   the full list of the 100 Best Places to Live in America</strong></a></p>
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		<title>Extended Home Buyer Tax Credit</title>
		<link>http://rogersrealty.net/2010/07/extended-home-buyer-tax-credit/</link>
		<comments>http://rogersrealty.net/2010/07/extended-home-buyer-tax-credit/#comments</comments>
		<pubDate>Mon, 05 Jul 2010 22:22:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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Although the Extended Home Buyer Tax Credit expired on April 30, 2010, home   buyers who signed a written, binding contract by that date and close before July   1, 2010 may still be able to claim the credit. Below you will find general   [...]]]></description>
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<p>Although the Extended Home Buyer Tax Credit expired on April 30, 2010, home   buyers who signed a written, binding contract by that date and close before July   1, 2010 may still be able to claim the credit. Below you will find general   information about who can claim the credit and how. </p>
<p>If you have specific questions or need additional information, please contact   a tax professional or the Internal Revenue Service at 800-829-1040.<img src="http://rogersrealty.net/wp-content/uploads/2010/07/HomeBuyerTaxCredit.jpg" width="175" height="175" class="imageleft" />
</p>
<p><strong>Latest News</strong></p>
<p> (June 30, 2010) Congress has passed an extension of the Homebuyer Tax Credit   closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623). The   extension applies only to transactions that have ratified contracts in place as   of April 30, 2010 that have not yet closed. The legislation is designed to   create a seamless extension. The new closing deadline for eligible transactions   is <span mce_style="color: #ff0000;">September 30,   2010</span>. There will be no gap between June 30 and the date the President   signs the bill into law. NAR worked closely with Congressional leaders on both   sides of the aisle to enact this important legislation. Extending the Tax Credit   Closing deadline will help provide additional stability to real estate markets   across the nation.</p>
<p><em>Source: <a href="http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit" mce_href="http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit">http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit</a></em></p>
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		<link>http://rogersrealty.net/2010/06/continued-strong-pace-for-existing-home-sales/</link>
		<comments>http://rogersrealty.net/2010/06/continued-strong-pace-for-existing-home-sales/#comments</comments>
		<pubDate>Tue, 29 Jun 2010 17:56:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[







Continuing Strong Pace for Existing-Home Buyers



Existing-home sales remained at elevated levels in   May on buyer response to the tax credit, characterized by stabilizing home   prices and historically low mortgage interest rates, according to the National   Association of REALTORS®. Gains in the West and South were offset by a decline [...]]]></description>
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<td colspan="2"><span style="font-family:Tahoma, Geneva, sans-serif"><span style="font-size:18px">Continuing Strong Pace for Existing-Home Buyers</span></span></td>
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<p>Existing-home sales remained at elevated levels in   May on buyer response to the tax credit, characterized by stabilizing home   prices and historically low mortgage interest rates, according to the National   Association of REALTORS®. Gains in the West and South were offset by a decline in the   Northeast; the Midwest was steady.</p>
<p>        <a href="http://www.realtor.org/research/research/ehsdata" mce_href="http://www.realtor.org/research/research/ehsdata">Existing-home sales</a>, which are   completed transactions that include single-family, townhomes, condominiums, and   co-ops, were at a seasonally adjusted annual rate of 5.66 million units in May,   down 2.2 percent from an upwardly revised surge of 5.79 million units in April.   May closings are 19.2 percent above the 4.75 million-unit level in May 2009;   April sales were revised to show an 8.0 percent monthly   gain.</p>
<p>        <strong>Buyers Face Purchasing   Delays</strong><br />
        Lawrence Yun, NAR chief   economist, said he expects one more month of elevated home sales. &ldquo;We are   witnessing the ongoing effects of the home buyer tax credit, which we&rsquo;ll also   see in June real estate closings,&rdquo; he said. &ldquo;However, approximately 180,000 home   buyers who signed a contract in good faith to receive the tax credit may not be   able to finalize by the end of June due to delays in the mortgage process,   particularly for short sales. </p>
<p>        &ldquo;In   addition, many potential sales are being delayed by an interruption in the   National Flood Insurance Program. Florida and Louisiana, also impacted by the   oil spill, have the highest percentage of homes that require flood   insurance.&rdquo;</p>
<p>        As the leading advocate for   homeownership issues, NAR is supporting Senate amendments to extend the home   buyer tax credit closing deadline through September 30 for contracts written by   April 30, and to renew the flood insurance program. &ldquo;Sales and related local   economic activity would have been higher without delays in the closing process   or flood insurance issues,&rdquo; Yun noted.</p>
<p>        <strong>Housing Still Affordable</strong><br />
        According to Freddie Mac, the national average commitment rate for a   30-year, conventional, fixed-rate mortgage fell to 4.89 percent in May from 5.10   percent in April; the rate was 4.86 percent in May 2009.</p>
<p>        The national median existing-home price for all housing types   was $179,600 in May, up 2.7 percent from May 2009. Distressed homes slipped to   31 percent of sales last month, compared with 33 percent in April; it was also   33 percent in May 2009.</p>
<p>        NAR President   Vicki Cox Golder said home prices have been stabilizing all year. &ldquo;With   distressed sales at roughly the same level as a year ago, the gain in home   prices is a hopeful sign that the market is in a good position to stand on its   own without further government stimulus,&rdquo; she said. &ldquo;Very affordable mortgage   interest rates and stabilizing home prices are encouraging home buyers who were   on the sidelines during most of the boom and bust cycle.&rdquo; </p>
<p>        Pending home sales are expected to decline notably in May and   June from the spring surge, but Yun added that job growth and a manageable level   of foreclosures are keys to sales and price performance during the second half   of the year.</p>
<p>        <strong>Inventory   Falling</strong><br />
        A parallel NAR practitioner   survey shows first-time buyers purchased 46 percent of homes in May, down from   49 percent in April. Investors accounted for 14 percent of transactions in May   compared with 15 percent in April; the remaining sales were to repeat buyers.   All-cash sales were at 25 percent in May, edging down from a 26 percent share in   April.</p>
<p>        Total housing inventory at the end   of May fell 3.4 percent to 3.89 million existing homes available for sale, which   represents an 8.3-month supply at the current sales pace, compared with an   8.4-month supply in April. Raw unsold inventory is 1.1 percent above a year ago,   but is still 14.9 percent below the record of 4.58 million in July 2008. <br />
        Single-family home sales declined 1.6 percent   to a seasonally adjusted annual rate of 4.98 million in May from a pace of 5.06   million in April, but are 17.5 percent above the 4.24 million level in May 2009.   The median existing single-family home price was $179,400 in May, which is 2.7   percent above a year ago.</p>
<p>        Single-family   median existing-home prices were higher in 16 out of 20 metropolitan statistical   areas reported in May from a year ago. In addition, existing single-family home   sales rose in 18 of the 20 areas from May 2009.</p>
<p>        Existing condominium and co-op sales fell 6.8 percent to a seasonally   adjusted annual rate of 680,000 in May from 730,000 in April, but are 32.6   percent above the 513,000-unit pace in May 2009. The median existing condo price   was $181,300 in May, up 3.4 percent from a year ago.</p>
<p>&nbsp;</p>
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<td width="200" align="center" valign="middle"><img src="http://rogersrealty.net/wp-content/uploads/2010/06/Home-Price-Rise.jpg" width="200" height="175" /></td>
<td width="475">
<p><strong>By Region</strong></p>
<ul>
<li>Existing-home sales in the <strong>Northeast</strong> fell 18.3   percent to an annual level of 890,000 in May from a surge in April, but are 12.7   percent higher than a year ago. The median price in the Northeast was $240,200,   down 2.2 percent from May 2009. </li>
<li>In the <strong>Midwest</strong>, existing-home sales   were unchanged in May at a pace of 1.33 million and are 22.0 percent above May   2009. The median price in the Midwest was $150,700, up 2.2 percent from a year   ago. </li>
<li>In the <strong>South</strong>, sales increased 0.5   percent to an annual level of 2.15 million in May and are 22.9 percent above a   year ago. The median price in the South was $159,000, up 1.0 percent from May   2009. </li>
<li>Existing-home sales in the <strong>West</strong> rose 4.9 percent   to an annual rate of 1.29 million in May and are 15.2 percent higher than May   2009. The median price in the West was $221,300, up 7.4 percent from a year ago. </li>
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    <em>Source: <a href="http://www.realtor.org/RMODaily.nsf/pages/News2010062201?OpenDocument" mce_href="http://www.realtor.org/RMODaily.nsf/pages/News2010062201?OpenDocument">http://www.realtor.org/RMODaily.nsf/pages/News2010062201?OpenDocument</a></em></td>
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		<title>Home Prices on the Rise</title>
		<link>http://rogersrealty.net/2010/06/home-prices-on-the-rise/</link>
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		<pubDate>Wed, 23 Jun 2010 15:51:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Home prices in Northern Colorado were again up compared to last year, according to the latest CoreLogic Home Price Index.
Home prices in the Fort Collins-Loveland metropolitan statistical area increased in April by 2.45 percent, including distressed sales, compared to April 2009. In March, prices increased 1.83 percent year-over-year. Without taking into account distressed sales, Fort [...]]]></description>
			<content:encoded><![CDATA[<p>Home prices in Northern Colorado were again up compared to last year, according to the latest CoreLogic Home Price Index.</p>
<p>Home prices in the Fort Collins-Loveland metropolitan statistical area increased in April by 2.45 percent, including distressed sales, compared to April 2009. In March, prices increased 1.83 percent year-over-year. Without taking into account distressed sales, Fort Collins-Loveland had a 2.52 percent increase.</p>
<p>In Greeley, prices were up 4.86 percent compared to April 2009, slightly less than March&#8217;s year-over-year increase of 5.66 percent. Without accounting for distressed sales, Greeley&#8217;s home price index was up about 4 percent in April.</p>
<p>Nationally, home prices increased in April by 2.6 percent, marking the second consecutive month with a year-over-year increase. For March, prices were up 2.3 percent. Since the price index peaked in April 2006, prices have declined 29.5 percent including distressed properties and 21.1 percent without them.</p>
<p>&#8220;The monthly increase in the HPI shows the lingering effects of the homebuyer tax credit,&#8221; said Mark Fleming, chief economist for CoreLogic, in a prepared statement. &#8220;We expect that we will see home prices remain strong through early summer, but in the second half of the year we expect price growth to soften and possibly decline moderately.&#8221;</p>
<p>Source: <a href="http://www.ncbr.com/article.asp?id=52167">http://www.ncbr.com/article.asp?id=52167</a></p>
<p><em>From <a href="http://www.ncbr.com/">Northern Colorado Business Report</a></em></p>
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		<title>Fort Collins Underrated</title>
		<link>http://rogersrealty.net/2010/06/fort-collins-underrated/</link>
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		<pubDate>Wed, 09 Jun 2010 18:44:39 +0000</pubDate>
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		<description><![CDATA[With all of the lists Fort Collins has made it seems ironic to call it &#8220;underrated,&#8221; but that is exactly what Life.com has done on its new list of &#8220;Most Underrated Cities in the West.&#8221;
Fort Collins comes in at No. 4 on the list behind Helena, Mont., Walla Walla, Wash. and Oakland, Calif. taking the [...]]]></description>
			<content:encoded><![CDATA[<p>With all of the lists Fort Collins has made it seems ironic to call it &#8220;underrated,&#8221; but that is exactly what Life.com has done on its new list of &#8220;Most Underrated Cities in the West.&#8221;</p>
<p>Fort Collins comes in at No. 4 on the list behind Helena, Mont., Walla Walla, Wash. and Oakland, Calif. taking the top spot.</p>
<p>The list compiled by Katie Tamony, editor-in-chief of Sunset magazine, last month calls <strong>Fort Collins as a &#8220;bike heaven</strong>,&#8221; noting the Poudre River Trail and Fort Collins Bike Library. Fort Collins also made the list because of its brewing community. Tamony cited New Belgium Brewing Co. as &#8220;one of the best in the country.&#8221;</p>
<p>&#8220;Think Colorado college town and you think Boulder. Here&#8217;s why you should think Fort Collins, home to Colorado State University,&#8221; Tamony wrote on Life.com list. <strong>&#8220;One, its great historic downtown, which was used as a model for Disneyland&#8217;s Main Street.&#8221;</strong></p>
<p>Jim Clark, president and CEO of the Fort Collins Convention and Visitors Bureau, said even though Fort Collins has been featured in a lot of national publications, the Life ranking will continue to get the word out to segments that have not heard of Fort Collins.</p>
<p>&#8220;It&#8217;s cumulative. In our case every time we are able to receive national publicity… It keeps visitors coming,&#8221; said Clark, who noted Fort Collins is ranked the No. 3 visitor destination behind Denver and Colorado Springs.</p>
<p>Most Underrated Cities in the West:</p>
<p>1 Oakland, Calif.<br />
2 Walla Walla, Washin.<br />
3 Helena, Mont.<br />
<strong>4 Fort Collins, Co.<br />
</strong>5 Flagstaff, Ariz.<br />
6 Long Beach, Calif.<br />
7 Portland, Ore.<br />
8 Boise, Idaho<br />
9 Albuquerque, N.M.<br />
10 Honolulu, Hawaii</p>
<p>Source: <a href="http://www.life.com/image/ugc1049192/in-gallery/42692/most-underrated-cities-in-the-west" target="_blank">http://www.life.com/image/ugc1049192/in-gallery/42692/most-underrated-cities-in-the-west</a></p>
<p><em>From <a href="http://www.coloradoan.com/" target="_blank">The Coloradoan</a></em></p>
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		<title>April edition of Alice P&#8217;s Market Update is now online</title>
		<link>http://rogersrealty.net/2010/04/april-edition-of-alice-ps-market-update-is-now-online/</link>
		<comments>http://rogersrealty.net/2010/04/april-edition-of-alice-ps-market-update-is-now-online/#comments</comments>
		<pubDate>Mon, 26 Apr 2010 14:05:28 +0000</pubDate>
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		<description><![CDATA[Click here to check out this month&#8217;s issue of Alice P&#8217;s Market Update. This month&#8217;s edition features articles with new first quarter 2010 sales stats, ways to make you tax return an investment on your house, some tips for making a smaller home work for your lifestyle, and lastly some important tips for Earth Day [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.rogersrealty.net/april_2010.html" target="_blank">Click here </a>to check out this month&#8217;s issue of <a href="http://rogersrealty.net/alice-ps-market-update-2/" target="_self">Alice P&#8217;s Market Update</a>. This month&#8217;s edition features articles with new first quarter 2010 sales stats, ways to make you tax return an investment on your house, some tips for making a smaller home work for your lifestyle, and lastly some important tips for Earth Day 2010.</p>
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		<title>Open House Event this Sunday in Eagle Canyon, Lyons</title>
		<link>http://rogersrealty.net/2010/02/open-house-event-this-sunday-in-eagle-canyon-lyons/</link>
		<comments>http://rogersrealty.net/2010/02/open-house-event-this-sunday-in-eagle-canyon-lyons/#comments</comments>
		<pubDate>Thu, 18 Feb 2010 16:57:26 +0000</pubDate>
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		<description><![CDATA[

Click here for map.

Stop by this Sunday, February 21st from 1 pm to 4 pm for a community open house event in the exclusive Eagle Canyon community in Lyons! 
Our listing at 139 Eagle Canyon Circle offers beautiful custom work, 5 bedrooms, 4 baths, and a luxury master suite with a 5-piece master bath. Gorgeous [...]]]></description>
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<td align="center" valign="middle"><img src="http://rogersrealty.net/wp-content/uploads/2010/02/eagle_canyon-collage.jpg" width="376" height="277" /><a href="http://www.mapquest.com/maps?city=Lyons&amp;state=CO&amp;address=139+Eagle+Canyon+Cir&amp;zipcode=80540&amp;country=US&amp;latitude=40.232627&amp;longitude=-105.281031&amp;geocode=ADDRESS" target="_blank">Click here for map.</a></td>
<td valign="top">
<p>Stop by this Sunday, February 21st from<strong> 1 pm to 4 pm </strong>for a community open house event in the exclusive Eagle Canyon community in Lyons! </p>
<p>Our listing at <a href="http://rogersrealty.net/our-listings/139-n-eagle-canyon-cir/">139 Eagle Canyon Circle</a> offers beautiful custom work, 5 bedrooms, 4 baths, and a luxury master suite with a 5-piece master bath. Gorgeous stainless steel appliances in the kitchen with breakfast bar and a separate dining room. Spacious great room has an immaculate gas fireplace, and don&#8217;t forget about the finished walk-out basement!</p>
<p>Come see us Sunday, we will have snacks available, and it&#8217;s the perfect chance to come check out the wonderful Eagle Canyon community!</p>
<p>&nbsp;</p>
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		<title>February&#8217;s Reality Check from Coldwell Banker</title>
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		<pubDate>Fri, 05 Feb 2010 20:26:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[buying homes]]></category>
		<category><![CDATA[Catherine Rogers]]></category>
		<category><![CDATA[Coldwell Banker]]></category>
		<category><![CDATA[Coldwell Banker real estate]]></category>
		<category><![CDATA[Dylan Rogers]]></category>
		<category><![CDATA[home buyer tax credit]]></category>
		<category><![CDATA[northern colorado real estate]]></category>
		<category><![CDATA[Reality Check]]></category>

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HOMEBUYER TAX CREDIT DEADLINE QUICKLY APPROACHINGWhat buyers and sellers need to do now so they don&#8217;t miss out. 












With only three months until the new $8,000 first-time homebuyer and the $6,500 existing home buyer federal tax credits are set to expire, time is running out on an opportunity that buyers and sellers may not see [...]]]></description>
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<p align=center><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif"><font size=+2>HOMEBUYER TAX CREDIT DEADLINE QUICKLY APPROACHING</font><br /><i><font size=+1>What buyers and sellers need to do now so they don&#8217;t miss out. </font></i></font></font></td>
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<p><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif" size=-1>With only three months until the new $8,000 first-time homebuyer and the $6,500 existing home buyer federal tax credits are set to expire, time is running out on an opportunity that buyers and sellers may not see again.  The tax credit, which was originally created in mid 2008, then expanded in January 2009 and extended again this past November, was only designed to be a short-term incentive to drive more buyers into the housing market.  That&#8217;s why many people in Congress are saying that, come April 30, 2010 when the credit expires, &#8220;That is it!&#8221;  </font></font>
<p><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif" size=-1>So the clock is ticking.  The average real estate transaction, from offer to closing, takes approximately 90 days and that is just about where we are now.  To meet the federal deadlines, a buyer must have a binding sales contract in place by April 30, and have the home purchase completed by June 30.  To achieve those time frames, buyers need to act almost immediately.  Those deadlines also mean that this is also a prime opportunity for sellers.  As the April 30 deadline gets ever closer, we are bound to see an influx of home-seekers who are hoping to find a house and make an offer in time to receive the tax credit.  So for sellers who have been considering moving up in the market, downsizing, or relocating, now is an opportune time to put their house on the market.  </font></font>
<p><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif" size=-1>We&#8217;re at a unique time in real estate.  The tax credit deadline is helping to create the &#8220;perfect storm&#8221; in the market, due to four key elements &#8211; I.I.I.P:</font></font>
<ul>
<li><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif" size=-1><b>Inventory:  </b>Although there are an overwhelming number of markets where inventory is down, and even with a decline in inventory year over year, there are still plenty of homes on the market for buyers to choose from.</font></font></li>
<li><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif" size=-1><b>Interest Rates:</b>  Mortgage rates remain at near historic lows.  This means higher purchasing power for buyers.</font></font></li>
<li><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif" size=-1><b>Incentives: </b> The extension and expansion of the homebuyer tax credit is providing benefits to buyers who may have otherwise not been interested in getting into the market.</font></font></li>
<li><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif" size=-1><b>Price</b>s:  Affordability remains at an all time record level nationally and in many of our local markets as well.</font></font></li>
</ul>
<p><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif" size=-1>While the urgency of trying to find and close on a home before the deadline may seem stressful, it doesn&#8217;t have to be.  For those who are in the early phase of the home buying process, there are a few key things that you can do to speed up the process:</font></font>
<ul>
<li><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif" size=-1><b>Find A Qualified Real Estate Agent.</b>  If you do not already have one, work with a real estate agent who will be able to help identify mortgage lenders, home inspectors, lawyers and others who will play a role in helping to get the buying process  completed by the April 30 deadline.  </font></font></li>
<li><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif" size=-1><b>Know Before You Go.</b>  Free online tools and mobile applications for smart phones are available to help you quickly and conveniently learn about neighborhoods and view homes on the market.  Consult with your own tax advisor as to your ability to qualify for the tax credit based upon income levels, length of residency/homeownership and housing prices.  Arming yourself with as much knowledge as possible in the beginning is bound to save time in the long-run.  </font></font></li>
<li><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif" size=-1><b>Get Pre-Approved for a Loan.</b>  &#8220;Pre-approval&#8221; means that a lender has checked your credit and other credentials and is prepared to making a loan.  Not only is this valuable to sellers, and may give you an advantage over other offers they receive, but it could speed up the loan process and allow you to complete the necessary paperwork before the tax credit deadline.</font></font></li>
</ul>
<p><font color="#000000"><font face="Arial" size=-1><font face="Trebuchet MS,Arial,Helvetica,sans-serif">The tax credit has done a lot for the real estate industry since its inception.  According to the National Association of Realtors,  47% of all homes sold last year were purchased by first-time home buyers. Paul Bishop, NAR vice president of research, has said that first-time buyers &#8220;are critical to housing and a general economic recovery because the market always heals from the bottom up &#8211; they absorb inventory, free existing owners to make a trade and stimulate related goods and services.&#8221;</font></font></font>
<p><font color="#000000"><font face="Trebuchet MS,Arial,Helvetica,sans-serif" size=-1>For additional information and provisions on the homebuyer federal tax credit, visit <a href="http://www.federalhousingtaxcredit.com">www.federalhousingtaxcredit.com</a>.  For additional real estate information visit <a href="http://www.coloradohomes.com">www.coloradohomes.co</a><a href="http://www.californiamoves.com">m</a>.</font></font></td>
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<p><font color="#000000"><font face="Arial" size=-2 color="#221e1f"><font color="#000000">©2010 Coldwell Banker Real Estate LLC.  All Rights Reserved.  </font><b><font color="#000000">Coldwell Banker</font></b><font color="#636363"><b><font color="#000000">®</font></b></font><font color="#000000"> is a registered trademark licensed to Coldwell Banker Real Estate LLC.  An Equal Opportunity Company.  Equal Housing Opportunity.  Each Coldwell Banker Residential Brokerage Office Is Owned And Operated by NRT LLC. </font></font></font></td>
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