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Real Estate

2008 seen as peak for Colorado foreclosures

Experts are cautiously optimistic that the foreclosure crisis in Colorado may hit its apex this year.

Median price of homes drops

The median price of a previously owned, single-family home dropped by 10.12 percent in July to $229,200, compared to July 2007, according to a report released today.
Afternoon deal brewing at Starbucks

Looking to bring more value- seeking consumers through its doors for a late afternoon caffeine fix, Starbucks Corp. said it will now offer its morning customers any iced grande beverage for $2 after 2 p.m.

Mercury Cos. caught in real estate slump

A Denver-based title insurance company that did an estimated $100 million in business in the state last year appears to be the latest victim of the slumping housing market.

City staff likes second version of Bell Tower

The "pinstriped suit" design changes to the proposed $300 million Bell Tower fits the building well, according to the Denver Planning Department staff.

Try haggling with real estate agents to cut fees

Don't be shy about haggling over what you pay your real estate agent.

Primary Colorado title insurer sells business

Denver-based Mercury Cos. said it is negotiating to sell its title insurance companies that account for about 30 percent of the title business in Colorado to First American Title.
MDC's second-quarter loss reflects grim housing picture

The housing crash continues to crush the earnings of Denver- based home builder MDC Holdings.

Real estate auctions to feature pricey digs

A Western Real Estate Auction will feature new homes priced from $375,000 to $3.2 million in Centennial, Castle Rock, Denver, Parker, Arvada and Golden. Above, one of the homes up for sale.

MDC takes $100 million earnings hit

Denver-based M.D.C. Holdings on Thursday said it had a net loss of $100.7 million, or $2.18 per share, in the second quarter, slightly better than it did a year earlier
Colorado gets $250 million housing boost

Colorado stands to receive more than $250 million in funding under the massive housing bill signed by President Bush. Above, Barb Cockrum and her grandson, Dylan Cockrum, 12, at their home in the Montbello neighborhood. She likes that the new housing law will require lenders to explain how high payments can go.

Montbello welcomes housing relief plan

Mark Davis stood outside his home in the city's Montbello neighborhood Wednesday and pointed out several houses on his block that residents have lost to foreclosure in the past two years.

Bush signs mortgage rescue measure

President Bush signed a housing bill Wednesday intended to rescue about 15 percent of the cash- strapped homeowners in fear of foreclosure in the next year or so.

Tony's Market plans downtown store

Tony's Market, a gourmet food market in the metro area for three decades, will open its first downtown Denver store early next year in the former Planned Parenthood building at 950 Broadway.

Denver-area apartment vacancy rates spike

Apartment vacancy rates in the Denver area increased to 6.2 percent in the second quarter from 5.9 percent in the first quarter.
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