Denver Real Estate Blog

From the Denver Post: Corporate earnings
The Internet company Yahoo stumbled to a fourth-quarter loss of $303 million but withstood the recession better than analysts had expected.

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From the Denver Post: Corporate earnings
The nation’s No. 1 hamburger chain said its net income for the quarter ended Dec. 31 fell to $985.3 million, or 87 cents per share, beating analyst estimates from Thomson Reuters by 4 cents per share.

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From the Denver Post: Caterpillar to cut 20,000 jobs
Caterpillar Inc., the world’s largest maker of bulldozers and excavators, said it’s cutting 20,000 jobs and this year’s profit and sales will trail analysts’ estimates as the deepest recession in a quarter century saps demand.

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From the Denver Post: Caterpillar to cut 20,000 jobs
Caterpillar Inc., the world’s largest maker of bulldozers and excavators, said it’s cutting 20,000 jobs and this year’s profit and sales will trail analysts’ estimates as the deepest recession in a quarter century saps demand.

[Read more →]

From the Denver Post: Caterpillar to cut 20,000 jobs
Caterpillar Inc., the world’s largest maker of bulldozers and excavators, said it’s cutting 20,000 jobs and this year’s profit and sales will trail analysts’ estimates as the deepest recession in a quarter century saps demand.

[Read more →]

From the Denver Post: Homebuilders’ index on confidence at low
A key gauge of homebuilders’ confidence sank to a new low this month as the deepening U.S. recession and rising unemployment erode chances for a housing turnaround.

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From the Denver Post: Slow sales provide artful solution
Sprocket Design-Build President Bill Moore hasn’t been able to sell several of the townhomes he developed in the Santa Fe Arts District. That’s good news for artists in the area.

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From the Denver Post: Slow sales provide artful solution
Sprocket Design-Build President Bill Moore hasn’t been able to sell several of the townhomes he developed in the Santa Fe Arts District. That’s good news for artists in the area.

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From the Denver Post: Slow sales provide artful solution
Sprocket Design-Build President Bill Moore hasn’t been able to sell several of the townhomes he developed in the Santa Fe Arts District. That’s good news for artists in the area.

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From the Denver Post: Fixed mortgage rates hits record low of 4.96 percent
The average U.S. rate on a 30-year fixed mortgage fell below 5 percent this week for the first time on record as a government program to buy mortgage-backed bonds lowered borrowing costs.

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From the Denver Post: Bigger Inverness HQ in works for Pulte
Pulte Mortgage is building a national headquarters building at Inverness Business Park in Arapahoe County.

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From the Denver Post: Denver foreclosures dip 11.8 percent over 2007
DENVER—Foreclosures in the seven-county Denver area in 2008 dipped 11.8 percent when compared with 2007 but real estate experts warn that it might be too soon to declare the housing crisis

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From the Denver Post: Denver foreclosures dip 11.8 percent over 2007
DENVER—Foreclosures in the seven-county Denver area in 2008 dipped 11.8 percent when compared with 2007 but real estate experts warn that it might be too soon to declare the housing crisis

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From the Denver Post: Denver foreclosures dip 11.8 percent over 2007
DENVER—Foreclosures in the seven-county Denver area in 2008 dipped 11.8 percent when compared with 2007 but real estate experts warn that it might be too soon to declare the housing crisis

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From the Denver Post: Snow trumps recession over holidays for resorts
Great snow lured more skiers and snowboarders this past holiday season to resorts than the previous season despite the economic recession.

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From the Denver Post: Snow trumps recession over holidays for resorts
Great snow lured more skiers and snowboarders this past holiday season to resorts than the previous season despite the economic recession.

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From the Denver Post: "System" means less-costly homes
The downturn in the residential real-estate market has prompted developers Dave Morovitz and Scott Ray to shift gears on a project they had planned in Curtis Park.

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From the Denver Post: Obama predicts quick approval of rescue plan
President-elect Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders Monday, declaring the national economy was “bad and getting worse” and embracing tax cuts now expected to reach $300 billion.

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From the Denver Post: Obama predicts quick approval of rescue plan
President-elect Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders Monday, declaring the national economy was “bad and getting worse” and embracing tax cuts now expected to reach $300 billion.

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From the Denver Post: Obama predicts quick approval of rescue plan
President-elect Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders Monday, declaring the national economy was “bad and getting worse” and embracing tax cuts now expected to reach $300 billion.

[Read more →]