Found 12 blog entries tagged as Denver real estate.

It’s the No. 1 reason that mortgage applicants nationwide get rejected: They’re carrying too much debt relative to their monthly incomes. It’s especially a deal-killer for millennials early in their careers who have to stretch every month to pay the rent and other bills.

But here’s some good news: The country’s largest source of mortgage money, Fannie Mae, soon plans to ease its debt-to-income (DTI) requirements, potentially opening the door to home-purchase mortgages for large numbers of new buyers. Fannie will be raising its DTI ceiling from the current 45 percent to 50 percent as of July 29.

DTI is essentially a ratio that compares your gross monthly income with your monthly payment on all debt accounts — credit cards, auto loans, student…

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It has been said that there is "no land left" in other areas of Denver. Now, developers are wasting no time in getting over to 41st and Fox. The property owners in the area, in the Sunnyside neighborhood, have requested for the city to rezone the area for taller structures, hoping to allow growth of the businesses there. But why are developers so interested now? This entire plan is discussed in an article on Denverite's website. 

Niles Emerick says, “This [the new development] is on the southeast corner of the neighborhood bordered by railroad tracks, bordered by the 38th Avenue underpass, and then I-70 to the north. So really three of the four sides are not necessarily going to be too negatively impacted by that kind of development.” 

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