A Postive Real Estate Perspective

As you're well aware of there is a lot of bad news these days about the real estate market and our economy. What you might not know is that there are some positive things happening as well. To give you a break from the bad news take a look below and refresh your perspective a little bit!

We're Number One: The Pew Research Center's new survey says, "Denver is the most desirable city in America!" Forty-three percent of those in the survey say Denver was the city they would most like to live in if they had a choice of living in the nation's top 30 cities. In the top five Denver was followed by Seattle, San Diego, Tampa and Orlando. The bottom five, all east of the Mississippi were Cleveland, Cincinnati, Kansas City, Minneapolis and Detroit. Read more about this topic @ www.kdvr.com



Scwab to add 500 jobs in Douglas County: Charles Schwab Corp. will bring 500 new jobs to Colorado by 2011, Gov. Bill Ritter announced Thursday January 15th at the state Capitol.

Read more about this topic@ www.denver.bizjournals.com



Existing Home Sales Show Strong Gain in December: Existing home sales rose unexpectedly while inventory declined, lead by a surge of sales in the West, according to the National Association of Realtors report released January 26th. Read more @ www.realtor.org



CSU, CU Economist - Colorado's Recovery Could Start as Early as Summer: Colorado went through a bad economic year in 2008 and can expect more of the same this year, but there are signs that a recovery could start as soon as summer, a pair of Colorado's top university business economists agreed Wednesday. Read more about this topic @ www.denver.bizjournals.com



Fannie Mae to Loosed Refinancing Rules: Fannie Mae will loosen rules for homeowners seeking to lower their mortgage payments by refinancing. The District company, which accounts for more than 40% of the $12 trillion in U.S. residential mortgage debt, is seeking to break a "logjam" in refinancing and allow more homeowners to take advantage of near-record low interest rates, according to Brian Faith, a spokesman for Fannie Mae, which like it's rival, Freddie Mac, is under government control. Read more about this topic @ www.washingtonpost.com