Home Rentals Hot

Vacancies in rental condos, single-family homes, and other small properties across metro Denver fell to a two-year low of 3.1% during 2010’s first quarter. Vacancy rates for all counties surveyed were: Adams, 3.7%; Arapahoe, 2.6%; Boulder/Broomfield, 2.3%; Denver, 3.0%; Douglas, 0.9%; and Jefferson, 3.9%. The average rent for single-family and similar properties rose to $1,035.56 during the first quarter, rising from 2009’s first quarter rate of $1,004.44. Average rents for all counties were: Adams, $1,099.39; Arapahoe, $1,032.89; Boulder/Broomfield, $1,684.57; Denver, $984.52; Douglas, $1,367.76; and Jefferson, $969.50. Read full article:
http://insiderealestatenews.com/2010/05/home-rentals-hot/

Good Debt vs. Bad Debt

When used intelligently, debt can be of tremendous assistance in building wealth. One of the secrets, therefore, to being smart with your money is to differentiate between good debt and bad debt. Examples of good debt including the following: mortgages, school loans, real estate loans and business loans. Examples of bad credit include the following: credit cards, store credit cards and auto loans. "Good debt is investment debt that creates value; for example, student loans, real estate loans, home mortgages and business loans," says Eric Gelb, CEO of Gateway Financial Advisors and author of "Getting Started in Asset Allocation." Read full article:
http://www.bankrate.com/finance/debt/good-debt-vs-bad-debt-1.aspx