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Yun: Mortgage interest deduction must be preserved

“The mortgage interest deduction is essential to homeownership, which is the foundation for a healthy middle class, and vital to the stability of the housing market and economy. [...]

Larrance honored for 4 decades as a Realtor

“We are keenly aware that the long and faithful service, for which you are being honored, reflects myriad effort and activities on behalf of the Association or Associations of Realtors of which you have been a member,” said Golder, in her congratulatory letter. Larrance has been an active member of the Denver Board and NAR,” Vicki Cox Golder about R. Don Larrance. [...]

Short sale rule from MARS

“Hopefully, it will help put the brakes on most of the scams out there where people are paying thousands of dollars upfront for mortgage modifications that never happen and were never going to happen, anyway,” Ron Woodcock, on MARS. [...]

Yun: Virtuous cycle coming

“A long-term trend is that people want to move to Colorado,” Lawrence Yun. [...]

U.S. home sales drop in line with Denver's

“Mortgage interest rates are at record lows, home prices have firmed and there is good selection of property in most areas, so buyers with good jobs and favorable credit ratings find themselves in a fortunate position,” NAR President Vicki Cox Golder. [...]

Under contracts plunge 41 percent following end of tax credits

“When you look at the first five months of this year compared with the first five months of last year, we are still ahead of the game,” Peter Niederman. [...]

Exclusive: Denver ranks No. 3 in home appreciation

Prices haven’t risen 14%. Rather, more expensive homes are selling in the Denver area. Jeff Thredgold. [...]

Forbes takes second look at Denver housing market

Forbes plans to limit the use of year-over-year home-for-sale statistics provided by Zillow.com. “It was hard for me to imagine we could have gotten into such a desperate environment without anybody noticing, and without me hearing about it,” Denver Mayor John Hickenlooper [...]

Nationally, home sales drop almost 17%

“It’s significant that home sales remain above year-ago levels, but the market is going through a period of swings driven by the tax credit,” Lawrence Yun. [...]

Exclusive: Home prices soar 14%

Denver-area home prices soared by 14%, shows NAR data obtained by InsideRealEstateNews. [...]