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Old 08-03-2015, 12:53 PM
 
Location: I roam around. Spend most my time in the West or the Northwoods.
132 posts, read 180,912 times
Reputation: 187

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Quote:
Originally Posted by davebarnes View Post
A friend of mine just bought a house and is renting it out.
1. Near Anschutz in Aurora.
2. $100K - so, you know it is a dump
3. $1200/mo

You do the math.
Wow. those ratios fall into the no-brainer category.
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Old 08-12-2015, 11:19 AM
 
Location: Just south of Denver since 1989
11,826 posts, read 34,430,278 times
Reputation: 8971
Applewood golf course vs 400 new homes.

Applewood Rezoning Heading to Court
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Old 08-26-2015, 10:24 AM
 
43 posts, read 62,258 times
Reputation: 81
Default Stock Market Effect Real Estate Market?

Any thoughts on the impact of the big losses in the stock market over the last week will have (if any) on the hot real estate market?
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Old 08-26-2015, 10:26 AM
 
Location: In The Thin Air
12,566 posts, read 10,614,780 times
Reputation: 9247
None. This is a correction and if the fed doesn't touch rates don't expect much movement in the real estate market.
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Old 08-26-2015, 11:15 AM
 
2,401 posts, read 3,256,327 times
Reputation: 1837
Quote:
Originally Posted by resipsa View Post
Any thoughts on the impact of the big losses in the stock market over the last week will have (if any) on the hot real estate market?
Let's start with this:

Why do you think there would be an impact?
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Old 08-26-2015, 11:52 AM
 
5,444 posts, read 6,991,441 times
Reputation: 15147
Quote:
Originally Posted by AmFest View Post
Let's start with this:

Why do you think there would be an impact?
I don't see much of an impact. Mainly because this type of issue could possibly delay the FED from raising interest rates. Where it could make an impact is for the individuals who utilize investment profit as their down payment.
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Old 08-26-2015, 11:55 AM
 
402 posts, read 369,268 times
Reputation: 718
Yeah, like me! I'm not ready to buy anyway so hopefully the market recovers somewhat in 12-18 months.
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Old 08-26-2015, 01:39 PM
 
43 posts, read 62,258 times
Reputation: 81
I guess I was looking at it having more of a direct impact at the higher end of the market; people that just lost a lot of their savings and had a good scare might behave differently when deciding on a luxury home. In addition, the market is fueled by a lot of people moving to denver for lifestyle reasons and that's harder for some people to do during times where there is a lot of fear about the market and the economy.

Of course it could be argued that market fear has the opposite effect where people are looking for somewhere else to put their money rather than the stock market and are more likely to put a higher percentage of their assets into real estate.

That all said, the equities market is surging right now, so maybe this will all be moot. But who knows...the volatility of the last few days has been crazy.
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Old 08-27-2015, 08:29 AM
 
Location: Denver, Colorado U.S.A.
14,164 posts, read 27,223,164 times
Reputation: 10428
Quote:
Originally Posted by davebarnes View Post
A friend of mine just bought a house and is renting it out.
1. Near Anschutz in Aurora.
2. $100K - so, you know it is a dump
3. $1200/mo

You do the math.
You mean, "you do the meth" in that neighborhood!
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Old 08-27-2015, 02:36 PM
 
Location: Just south of Denver since 1989
11,826 posts, read 34,430,278 times
Reputation: 8971
Default Good news - ort maybe not bad news

With unresolved tension still brewing between buy-and-hold homeowners, the ongoing inventory issues, and the continued influx of newcomers to the area, much work remains. Hopefully these positive signs will keep pointing upward.

Denver's Housing Inventory Improving
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