Metro Denver Real Estate Market Segmentation Analysis – Jan 2015

The January 2015 Metro Denver Real Estate Market Segmentation Analysis has been released. The purpose of a market segmentation analysis is to define and subdivide a large homogeneous market into clearly identifiable segments having similar characteristics (businessdictionary.com). This segmentation analysis subdivides all of the sold homes (between January 1, 2015 to January 31, 2015) within 29 cities that comprise of Metro Denver. The analysis is further subdivided by … More Metro Denver Real Estate Market Segmentation Analysis – Jan 2015

Real Estate Term of the Day: Foreclosure & Foreclosure Sale

Real Estate Term of the Day: Foreclosure FORECLOSURE – a legal process in which mortgage property is sold to pay the loan of the defaulting borrower. Foreclosure laws are based on the statues of each state (HUD) Here is a good outline of the Colorado Foreclosure Process via Boulder County: Mortgage payments are typically due on the first day of … More Real Estate Term of the Day: Foreclosure & Foreclosure Sale