A recent Moody’s Economy.com and MSNBC forecast named Colorado among five states most likely to recover first. Economists expect the states – Colorado, Texas, Washington, Oregon, and Idaho – could report growth by year’s end thanks to milder housing downturns, strong energy and technology sectors, and relatively stable household credit.

Metro Denver.com reports that Denver’s existing home sales increased seven percent between April and May, but sales remained more than 20 percent below 2008 levels.  Public trustees say foreclosure filings declined between April and May in each of the region’s seven counties and building permit activity rebounded in April after a weak showing in March, but the total count of April permits was less than half of the total from April 2008.

Although the future is still well, in the future, this it good news for our area!  Specific neighborhoods in along the front range have withstood the turbulant times recently.  For more information about your home or neighborhood area, visit www.ResultsWithRenato.com or call Renato Lunnon directly 303-506-0281.

USA Today reportes today that mortgage rates on 30-year mortgages plunged this week to the lowest level since January, and are poised to fall further after the Federal Reserve launched a new effort to boost up the declining housing market.

Mortgage finance giant Freddie Mac said Thursday that average rates on 30-year fixed-rate mortgages dropped to 4.98% this week.

This is good news for buyers in Denver,  Colorado because they can afford more in a home loan.  This is also Denver Metro sellers should benefit too with increased buyers activity.

For more information about buying or selling a home in Denver, call visit  ResultsWithRenato.com

http://www.usatoday.com/money/economy/housing/2009-03-19-rates_N.htm

I’ve just sold a Resale - condo-townhouse property at 12991 W Ohio Avenue in Lakewood. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

I’ve just sold a Resale - condo-townhouse property at 6 5225 Balsam Street in Arvada. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

Renato’s Vlog #2 1.21.2009 from Renato Lunnon on Vimeo.

Renato talks about the importance of previewing homes before taking a client out.

Renato’s Vlog #1 - 1/19/09 from Renato Lunnon on Vimeo.

Renato was at Four Acre Lake this MLK, Jr. Day hoping to capture some of the holiday traffic.

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I’ve just sold a property at 8065 Decatur Street in Westminster. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

I’ve just sold a Resale - single family property at 5217 Camargo Road in Littleton. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

I’ve just sold a Resale - single family property at 7438 Chase Circle in Westminster. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.