U.S. home prices will fall next year for the first time since the Great Depression, and most areas of Colorado will participate in the decline, according to an analysis by Moody’s Economy.com.
Source: www.denverpost.com
Regions home sales drop 28%
The Pikes Peak regions cooling housing market is starting to feel downright frigid.
Source: www.gazette.com
Developers, homebuyers are bringing Western trend of planned mini-cities to wide-open spaces of rural Ada County
Kirk and Jeannette Duwe walk through the Hidden Springs planned community with their son Andrew, 3, and Kirk’s parents, Rick and Mary Kay Duwe. The family moved to Hidden Springs seven months ago and they say they enjoy the community atmosphere.
Source: www.idahostatesman.com
Texas home prices increase
Although home sales for 2006 have decreased nationally by nearly half a million, Texas saw an increase in home sales and prices, according to statistics from the National Association of Realtors.
Source: www.dailytexanonline.com
Buying or selling home requires contract with contingencies
The law of contracts is the law of promises. Each party to a contract makes a promise to the other party, and absent fraud, mental incompetence, torture, etc. the law will enforce the promises.
Source: www.gazette.com