Good news for Denver's overall housing market show signs of improvement in the last couple of months. However, the number of high end homes going into foreclosure is rising. Obtaining financing in general is harder for buyers these days and even harder for buyers trying to qualify for jumbo loans. A jumbo loan is any loan over $417,000. The whole high end market as a result is affected negatively. So, if you are a high end buyer it may be a great time to get a deeply discounted deal!
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved