Comments on: Denver's housing market tops Case-Shiller

By: Denver Ranks #3 in Standard & Poors/Case-Shiller Report | MyHome Denver Real Estate Blog

Tue, 09 Feb 2010 20:44:59 +0000

[...] October, Denver was ranked No. 1 by Case-Shiller, with a 0.1 percent loss. (Please visit this link for a blog on October’s [...]

By: Case-Schiller Ranks Denver #3 « Brad Hutchison's Real Estate Blog

Case-Schiller Ranks Denver #3 « Brad Hutchison's Real Estate Blog — Wed, 27 Jan 2010 00:08:59 +0000

[...] October, Denver was ranked No. 1 by Case-Shiller, with a 0.1 percent loss. (Please visit this link for a blog on October’s [...]

By: Denver ranked No. 3 of 20 cities | InsideRealEstateNews.com

Denver ranked No. 3 of 20 cities | InsideRealEstateNews.com — Tue, 26 Jan 2010 14:39:21 +0000

[...] October, Denver was ranked No. 1 by Case-Shiller, with a 0.1 percent loss. (Please visit this link for a blog on October’s [...]

By: Denver housing market falls little from peak | InsideRealEstateNews.com

Denver housing market falls little from peak | InsideRealEstateNews.com — Thu, 21 Jan 2010 20:31:08 +0000

[...] By contrast, ”Markets such as Boston, Charlotte, Cleveland, Dallas and Denver never saw the large double-digit price increases in the 2004-2006 period, but their relative rates of decline have also remained comparatively benign,” according to the analysis by S&P/Case-Shiller. “As of the October 2009 report, Denver’s rate of decline is close to flat, at -0.1%,and Dallas is not far behind, down only 0.6% on an annual basis.” The October report was the most recent one. (Denver was rated No. 1 in the October report. To read more about it, please go to this blog.) [...]

By: Steve Holben

Steve Holben — Mon, 04 Jan 2010 16:54:23 +0000

This being my 7th recession gives me an excellent perspective to say that housing prices will not be going down; particularly since new construction is down from 87+% to 100% based on price range. Costs of construction will continue to rise, particularly since the majority of the components of construction are commodities, and subject to world demand, and 5 developing countries are experiencing double diget growth and want these commodities. Labor costs aren't going down, and the myriad government bureaucracies with their finger in the housing pie will be looking at new and dramatic increases in the parasite costs they impose on housing. So don't think housing is gonna get any cheaper.

By: Denver tops Case-Shiller Housing Market Home Price Index | Denver Lofts and Condos for Sale - Colorado Real Estate

Thu, 31 Dec 2009 17:48:27 +0000

[...] What better way to finish off 2009 than with some great news about Denver’s Housing Market performance. The S&P/Case-Shiller Home Price Indices measures the residential housing market, tracking changes in the value of the residential real estate market in 20 metropolitan regions across the United States. John Rebchook does an excellent summary of the report details and here are the opening few lines from his blog post.. [...]

By: Jeff Bernard

Jeff Bernard — Wed, 30 Dec 2009 00:49:55 +0000

Barb is correct. Home loans are difficult to obtain right now, and no doubt will become a speculative and sparse commodity over the next several years.
Consider this: The US Treasury announced last week that Freddie Mac and Fannie Mae will get its full support until 2012. So who benefited first from this announcement? The companies that issued the mortgaged backed securities that started this economic chaos. These companies are buying back mortgages—many that will default—and it is mortgages that were originated by these banks. But now the speculation is gone because they’re guaranteed. So who really benefits from this simulative decision? You guessed it: the banking industry benefits once again.
Here are some fascinating stats: Fannie and Freddie guarantee approximately $5.5 trillion of an estimated $11.8 trillion outstanding residential mortgage loans. The Federal Reserve has purchased over $1 trillion Freddie and Fannie bonds, and the Treasury has purchased ~$190 billion Freddie and Fannie bonds. Add on over $110 billion in Freddie and Fannie preferred stock purchases by the Treasury, coupled with purchases of nearly $125 billion in Freddie and Fannie bonds by the Fed—well one has to wonder how long this will last. Oh, I nearly forgot, the two entities lost ~$180 billion over the past two years.
The point is: how long can this go on? These entities have supported the home mortgage process for over 40 years; and now both Freddie and Fannie have a dubious future. If they fall what become of the housing industry? We will entirely dependent on Banks to make home loans that the banks will be required to keep and not sell to a secondary market. YIKES! Maybe the banks can tranche the loans into more unsavory bonds and sell them as leveraged securitized debt again!

By: Living Urban in Denver » Denver Tops the Case-Shiller

Living Urban in Denver » Denver Tops the Case-Shiller — Wed, 30 Dec 2009 00:32:57 +0000

[...] Rebchook of InsideRealEstateNews.com has a great write-up on his blog, posted a few hours ago, detailing Denver’s latest top spot – Denver is on a lot of Top 10, Top [...]

By: Denver Real Estate Blog » Blog Archive » Denver Tops the Case-Shiller List

Wed, 30 Dec 2009 00:29:37 +0000

[...] Rebchook of InsideRealEstateNews.com has a great write-up on his blog, posted a few hours ago, detailing Denver’s latest top spot – Denver is on a lot of Top 10, [...]

By: Dave Barnes

Dave Barnes — Tue, 29 Dec 2009 22:15:07 +0000

@Rick, You need to learn the difference between nominal dollars ("real estate in Florida for $5,000. After they passed away... the property sold in excess of $500,000") and real dollars. And, I was not referring to Florida real estate, I was specifically referring to Case-Shiller data for Denver and the US Urban CPI. In general, housing sucks as an INVESTMENT. See http://bubblemeter.blogspot.com/2009/05/cities-be... See http://3.bp.blogspot.com/_GLyD4Zq2bTE/Somhxq5pqGI... See http://mysite.verizon.net/vzeqrguz/housingbubble/ See http://www.calculatedriskblog.com/2009/05/house-p...