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Montrose, CO

UNDER CONTRACT in Montrose

02-20-10
Nick Zappa
Nick  Zappa: Real Estate Agent in Montrose, CO

Our Stand Alone Patio Home is under contract

We had an open house at 1211 Peppertree drive 2 weeks ago. We had some people who had been watching this property very close for several weeks.

When they saw the Open House and their friends who lived in the neighborhood reported that several people came through, they became very motivated.

This tells me one thing, YOU never know who is watching.

Open House Sunday Homestead Subdivision

02-20-10
Nick Zappa
Nick  Zappa: Real Estate Agent in Montrose, CO

Open House Sunday in the Homestead

1251 Haystack Dr

Great Home at a Great Price

Very cute modular home! Lots of pride and joy in this great starter home! In good condition with privacy fenced large back yard and sizeable concrete RV pad next to home.
Sellers have put in lots of nice touches and improvements in this home

Weekly Real Estate News

02-20-10
Nick Zappa
Nick  Zappa: Real Estate Agent in Montrose, CO

Here is the weekly News articles that are Real Estate related. From Heritage. Interest rates moved up slightly at the end of the week and oil is also up. Things are getting interesting.

Top News
Mortgage plan has helped 12% of borrowers reduce payments - USA Today - - WASHINGTON — The government's mortgage relief plan has helped about 12% of borrowers who signed up since President Barack Obama announced the program a year ago.

Market News
Real Estate Weekly: Remodeling on the rise in hard-hit markets - MarketWatch - - By MarketWatch Don't miss these top stories: Evidence of an uptick in remodeling late last year is giving some in the industry hope for a busier 2010. ServiceMagic.


Mortgages: 30-year fixed-rate mortgage falls farther below 5% - MarketWatch - - By Amy Hoak, MarketWatch CHICAGO (MarketWatch) -- Mortgage rates fell again this week, with the 30-year fixed-rate mortgage dropping to an average 4.93%, according to Freddie Mac's weekly survey of conforming rates, released on Thursday. "Mortgage


Mortgage applications fell 2.1% last week: MBA - MarketWatch - - By Amy Hoak, MarketWatch CHICAGO (MarketWatch) -- The volume of mortgage applications filed last week dropped a seasonally adjusted 2.1%, compared with the previous week, the Mortgage Bankers Association reported on Wednesday. Mortgage interest rates

Technology News
NAR's HouseLogic: The Logical Source for Today's Homeowners - Market Wire - - NAR Press Office Email a Friend Latest News Releases SOURCE: National Association of Realtors WASHINGTON, DC--(Marketwire - February 16, 2010) - Today the National Association of Realtors® launched HouseLogic, a new, comprehensive consumer Web site


Verizon bringing Skype to wireless users - USA Today - - SAN FRANCISCO — In a move to vastly expand its presence on smartphones, Skype on Tuesday announced a major deal with Verizon Wireless that would make Skype's inexpensive online-calling service available to up to 90 million Verizon users.

Other News
Housing Starts Bounce Back; Building Permits Fall - CNBC - - U.S. housing starts rebounded more strongly than expected to their highest level in six months in January, while permits fell slightly less than forecast, pointing to a mild housing market recovery.


Where's housing headed? Follow rents - CNN Money - - NEW YORK (Fortune) -- It may not be the most widespread measure of housing prices, but if you want to follow a powerful driver, look at rents.


Restitution for Floridians - DSNews.com - - Some 16 months after Countrywide Financial reached an agreement with the Florida attorney general’s office to settle one of the biggest predatory lending lawsuits in the nation’s history, restitution is coming for distressedhomeowners.


State Supreme Court makes it tougher for lenders to foreclose - Tampa Bay Online - - The court says lenders are now required to verify the y own loans before they file a foreclosure lawsuit. And, according to the court order, lenders can no longer charge the homeowner for that investigation.

Friday's News Articles for Realtors

02-12-10
Nick Zappa
Nick  Zappa: Real Estate Agent in Montrose, CO

Here is the Friday edition of News articles foe Realtors. Thanks to Heritage Title

Tips to tailor your web strategy to build your listing inventory. http://rismedia.com/2010-02-10/3-tips-to-tailor-your-web-strategy-and-build-your-listing-inventory/ A seasonal guide to home maintenance.

http://money.cnn.com/magazines/moneymag/moneymag_archive/2010/01/01/105890504/index.htm Use marketing to stay strong in a weak economy.

http://www.entrepreneur.com/marketing/findingcustomers/article204946.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+entrepreneur%2Flatest+%28Entrepreneur.com%3A+Latest+Articles%29 10 Green home improvements for 2010.

http://www.usnews.com/money/personal-finance/articles/2010/02/11/10-great-green-home-improvements-for-2010.htmln

Top News
Bernanke eases fears that Fed will drive up mortage rates - USA Today - - WASHINGTON Federal Reserve Chairman Ben Bernanke said Wednesday that he doesn't expect the central bank will sell its huge trove of mortgage securities in the short term, easing concerns that such a move would raise borrowing costs for ho

Freddie Mac Plans To Buy Loans That Are 120 Days Delinquent - Morningstar.com - - NEW YORK -(Dow Jones)- Freddie Mac (FRE) said Wednesday that it planned to buy substantially all loans that are delinquent 120 days or more from its fixed and adjustable-rate mortgage-backed participation certificate securities.

Market News
Mortgage applications for home purchases fell 7%- MarketWatch - - By Amy Hoak, MarketWatch CHICAGO (MarketWatch) -- The volume of mortgage applications filed last week fell a seasonally adjusted 1.2%, compared with the week before, due to a drop in applications for mortgages to purchase a home, the Mortgage Bankers

Home prices fell 12% in 2009 - CNN - - rates," said Yun. "With inventory levels trending down over the past 18 months, we expect broadly balanced housing market conditions in much of the country by late spring with more areas showing higher prices." Sales volume increased in all but two


Underwater mortgages halt some move-up buyers - USA Today - - Chris and Candice Basso would like to move up to a larger home this spring, taking advantage of a federal tax credit worth up to $6,500 for repeat home buyers. But even a big tax credit won't be enough to lift them into a bigger, better home.


Foreclosures drop in January - but don't get excited - CNN - - NEW YORK (CNNMoney.com) -- First, the good news: Foreclosure filings dropped nearly 10% between December and January. That's a total of 315,716 notices compared to 349,519 in December, according to RealtyTrac, which issues a monthly report


Citi offers alternative to foreclosure - CNN - - largest mortgage servicers, launches a pilot program Friday designed to ease the pain of some homeowners heading for foreclosure. Instead of borrowers falling further and further behind on their mortgages, leading to an eventual foreclosure sale, they

Technology News
Roost partners with Closing.com - Inman - - live rates from a database of more than 125,000 vendors, who provide services in 11 categories including title insurance, home inspections, pest inspections, appraisals, notary and home warranty services, Closing.com said. Closing.com's SmartClosing


Google adds Facebook-like features to Gmail - USA Today - - Google Buzz is Google's attempt to bring Facebook like sharing to Google. The company introduced Buzz today, launching it in 1% of Gmail inboxes. It plans to will roll the service out

Other News
TARP Watchdog Says Commercial Real Estate Loans Pose Danger - BusinessWeek - - Feb. 11 (Bloomberg) -- Commercial real estate loans have the potential to go sour and wreck the U.S. economy unless regulators prepare now, according to a report today from a watchdog Congress created for the government's financial bailout program. The

Open House at Peppertree

02-07-10
Nick Zappa
Nick  Zappa: Real Estate Agent in Montrose, CO

I posted our open house a couple of days ago at Peppertree.
In spite of the newspaper ad being screwed up and giving the address in another county we had a good turnout.

This area attracts retired people and are really nice construction.

We had 8 people in 2 hours and 2 couples might be potential buyers.

Super buy Before the Superbowl.

Dem Saints Day done did good!!