Fewer foreclosures in Colorado means less inventory

By Monica Mendoza

Colorado’s forecloses are down 3 percent in the first half of 2015 from one year ago, according to a report from real estate data company RealtyTrac Inc. today.

The downside is fewer foreclosures could make it tougher for home buyers to find a home in the already-tight Denver market. The upside is a robust real estate market.

Foreclosure filings, from January to June, were at one in every 350 properties in the state, which brings the total to 3,096, or 29 percent of the housing units in the state,… …read more

From:: biz journal foreclosures

Fewer foreclosures in Colorado means less inventory

By Monica Mendoza

Colorado’s forecloses are down 3 percent in the first half of 2015 from one year ago, according to a report from real estate data company RealtyTrac Inc. today.

The downside is fewer foreclosures could make it tougher for home buyers to find a home in the already-tight Denver market. The upside is a robust real estate market.

Foreclosure filings, from January to June, were at one in every 350 properties in the state, which brings the total to 3,096, or 29 percent of the housing units in the state,… …read more

From:: biz journal foreclosures

Nasdaq closes at record; U.S. stocks book hefty weekly gains

The Nasdaq Composite closed at a record on Friday, powered by a rally in technology companies following Google’s blockbuster results. Google shares soared by double digits, also closing at a record level, after the tech giant beat analysts’ expectations for quarterly profits after the market close on Thursday. The main indexes booked solid weekly gains. The tech-heavy index gained 44.96 points, or 0.9%, to 5,210.14 and rose 4.25% over the week. The S&P 500 eked out a modest gain, rising 2.35 points, or 0.1%, to 2,126.64 and gaining 2.4% over the week, its first weekly gain in a month. The Dow Jones Industrial Average ended lower, falling 33.80 points, or 0.2%, to 18,086.45 but still booked a 1.8% weekly gain.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Tesla details changes for Model S, says Model X on schedule

Tesla Motors announced three offerings related to its Model S all-electric sedan Friday, and updated progress on its next two cars. CEO Elon Musk said in a conference call that the company would offer an upgraded 90 KWH battery in the Model S for $3,000, drop the price for a single-motor Model S to $70,000, and upgrade the Model S to “ludicrous mode,” which allows for 0-to-60 acceleration in 2.8 seconds. In the call, Musk also said Tesla’s next car, the Model X SUV, is on track for deliveries in two months and the Model 3, a planned mass-market car, in a bit more than two years. Tesla stock gained 2.7% heading into the announcement.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Greece’s Tsipras reshuffles cabinet: reports

Greece Prime Minister Alexis Tsipras on Friday reshuffled his cabinet, news reports said. The move was widely expected after two cabinet members and other members of Tsipras’s own Syriza pary voted against the austerity plan the country agreed to in return for a third bailout.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Gold futures settle at lowest level since 2010

Gold futures settled on Friday at their lowest level in more than five years, hit by a selloff by a large trader, according to an analyst, as China revealed its gold holdings for the first time since 2009. August gold shed $12, or 1.1%, to settle at $1,131.90 an ounce for the Comex session. It lost about 2.3% for the week.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Photo Friday: Closets Without Style? As If!

By Beth Rucker

Can you believe it’s been 20 years since Clueless was released in the theaters? I was a big fan then, and I’m still a fan now. While I wanted to be popular and live in a huge house like Cher Horowitz, more than anything I wanted her style and her huge, high-tech closet and dressing area. The popularity, mansion and fashion sense never really materialized for me, but I haven’t given up on my dream of having a well-organized walk-in closet that’s as pretty as the clothes it holds. Fortunately I have plenty of inspiration to keep the dream alive!

Design by Lisa Adams

Lisa Adams of LA Closet Design is THE expert when it comes to luxury closet design. Not only do her designs feature well-organized closet systems where every specific item has it’s own place, they always include touches of luxury such as a glam chandelier, floor-to-ceiling mirrors and display cabinetry. Here style appeals to fans of both masculine and feminine design as you can see in her projects above and below.

Dreamy Walk-in Closet With Turquoise Chair

Design by Lisa Adams

Eclectic Closet and Dressing Room

Design by Shelley and Company

I think this closet and dressing room by Shelley Cahan of Shelley and Company would appeal to Cher’s style. The mod wallpaper print and painted ceiling are hip with just a touch of youthfulness. And, of course, there’s plenty of space for an expansive wardrobe!

Soft Lighting and Camel Colored Walls Create Flattering Environment for Dressing

Design by Heather Hilliard Design

More dressing room than closet, this space created by Heather Hilliard Design uses a camel color paint and soft lighting to create a flattering environment for dressing. The shirred roman shades are meant to invoke a sense of dressmaker details.

Walk-In Closet: Historic Craigmuir Castle in Wenatchee, Wash.

Property Presented by Windermere Real Estate

The hardwood cabinetry offers a sense of tradition in this walk-in closet in a home offered by Windermere Real Estate. The inclusion of alcoves creates separate his and hers spaces.

Master Closet for Him With Shoe Display

Design by Angelica Henry Design

And finally, what stylish guy wouldn’t want a suave spot to display his kicks? This closet by Angelica Henry Design includes back-lit shelving for shoe display, masculine wood cabinetry and a rolling ladder to create a library-like feel.

Did you know that many of the photos in the HGTV Photo Library are shoppable? Click the images above and look for the “Shop This Look” button.

If you like these closets, see more luxury storage spaces:

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From:: HGTV

CF Industries shares surge on merger report

Shares of CF Industries Holding Inc. rallied Friday following a report that the fertilizer company was in late talks to merger with Dutch company OCI NV . CF Industries shares jumped 6.2% to $66.59 on heavy volume. Shares were halted briefly on volatility following the report. CF and OCI could reach an agreement as early as this month, The Wall Street Journal reported.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

U.S. oil-rig count falls after rising over the last two weeks

U.S. oil-rig count falls after rising over the last two weeks
The total number of active U.S. rigs drilling for oil fell as of July 17, according to data from Baker Hughes released Friday. The number of active oil drilling rigs saw a weekly decline of 7 to 638. The total active rig count, which also includes natural-gas rigs, was at 857, down 6. Compared to last year, the total rig count has fallen by 1,014, with the oil rig count down 916. August crude was down 33 cents, or 0.7%, at $50.58 a barrel on the New York Mercantile Exchange. It was trading at $50.73 before the data.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Musk tweets that Tesla call later today will be about a ‘Model S product’

Tesla Motors Inc. Chief Executive Elon Musk tweeted earlier Friday a conference call scheduled for 2 p.m. Eastern will be about a “Model S product.” MarketWatch will be live-blogging the call. Shares of Tesla rose 2.4% on Friday, looking poised to end the week up 5.3%. Tesla has gained 22% so far this year, compared with gains of 3% for the S&P 500 index.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News