News from Vickie Hall, Realtor in Colorado

Home sales expected to stay strong this fall: MoxiWorks

Sep 24, 2021 Real Estate

Fri, 24 September 2021 | Agent Websites

Home sales expected to stay strong this fall: MoxiWorks

Despite the ongoing coronavirus pandemic and the looming autumn season, a new report from real estate tech firm MoxiWorks suggests home sales will remain strong during the next month and a half. Th...

It’s Still a Sellers’ Market [INFOGRAPHIC]

Sep 24, 2021 For Sellers

Fri, 24 September 2021 | Partner News

It’s Still a Sellers’ Market [INFOGRAPHIC]

Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a fast...

Fewer homes sell in August than last year, a first since pandemic boom

Sep 23, 2021 Real Estate

Thu, 23 September 2021 | Agent Websites

Fewer homes sell in August than last year, a first since pandemic boom

For the first time since the pandemic-fueled housing boom began, fewer homes sold in the month of August than in the same period the previous year. Home sales dropped 1.4 percent from July to Augus...

Two Reasons Why Waiting a Year To Buy Could Cost You

Sep 23, 2021 Buying Myths

Thu, 23 September 2021 | Partner News

Two Reasons Why Waiting a Year To Buy Could Cost You

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market co...

Is a 20% Down Payment Really Necessary To Purchase a Home?

Sep 22, 2021 Buying Myths

Wed, 22 September 2021 | Partner News

Is a 20% Down Payment Really Necessary To Purchase a Home?

There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consume...

Mortgage Rates remain stable as virus continues

Sep 22, 2021 Market Trend

Wed, 22 September 2021 | Agent Websites

Mortgage Rates remain stable as virus continues

Rates for 30-year loans that have remained almost eerily stable for weeks posted yet another period of minimal change, according to results from Freddie Mac’s latest lender survey. Uncertainty ov...

Profit margins on fixer-uppers decrease as flip sales increase

Sep 21, 2021 Real Estate

Tue, 21 September 2021 | Agent Websites

Profit margins on fixer-uppers decrease as flip sales increase

It’s not the most lucrative time to flip houses, but that’s not stopping investors from getting back in the game. Profit margins on home flips in the second quarter of the year hit their lowes...

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?

Sep 21, 2021 For Buyers

Tue, 21 September 2021 | Partner News

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?

A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professi...

Foreclosure rate hits 22 year low, with every state tallying declines

Sep 20, 2021 Real Estate

Mon, 20 September 2021 | Agent Websites

Foreclosure rate hits 22 year low, with every state tallying declines

After a year of downward action, foreclosure rates have hit a historic 22.5-year low: 0.2 percent. Total delinquency rates fell to 4.4 percent in June, down 2.7 percentage points from last year, ac...

Sep 20, 2021 For Buyers

Mon, 20 September 2021 | Partner News

Is It Time To Move on to a New Home?

If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph b...

Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]

Sep 17, 2021 For Buyers

Fri, 17 September 2021 | Partner News

Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]

Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today's mortgage rates to escape rising rent...

U.S. appears to be headed for 2nd wave of homeowner reshuffling

Sep 17, 2021 Real Estate

Fri, 17 September 2021 | Agent Websites

U.S. appears to be headed for 2nd wave of homeowner reshuffling

Nearly half of American employees want to work from home exclusively, a trend that could have broad implications for the nation’s housing market depending on how many employers follow suit. A new...

Home construction material costs decrease for first time in 2021

Sep 16, 2021 Market Trend

Thu, 16 September 2021 | Agent Websites

Home construction material costs decrease for first time in 2021

Prices for a broad range of construction materials dropped in August for the first time this year, signaling at least a momentary reprieve from the conditions that had been driving them to astounding ...

Is the Number of Homes for Sale Finally Growing?

Sep 16, 2021 First Time Home Buyers

Thu, 16 September 2021 | Partner News

Is the Number of Homes for Sale Finally Growing?

An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price ap...

Sep 15, 2021 First Time Home Buyers

Wed, 15 September 2021 | Partner News

5 Tips for Making Your Best Offer

In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re bu...

Here are the most family-friendly suburbs in America

Sep 15, 2021 Market Trend

Wed, 15 September 2021 | Agent Websites

Here are the most family-friendly suburbs in America

Even with cities beginning to reopen after nearly two years of uncomfortable pandemic conditions, demand for suburban homes continues to thrive, luring urban dwellers with a desire for more space even...

Are you ready to buy a home? This is the best time to do it

Sep 14, 2021 Market Trend

Tue, 14 September 2021 | Agent Websites

Are you ready to buy a home? This is the best time to do it

The past year has been a double-edged sword for homebuyers as they’ve struggled to take advantage of record-low mortgage rates in the midst of record-high home price growth. However, there’s a sil...

Does a finished garage add value to your home?

Sep 13, 2021 Real Estate

Mon, 13 September 2021 | Agent Websites

Does a finished garage add value to your home?

When it comes to home renovation, it’s hard to decide which project to prioritize and what will most impact the value of your home. A recent study reports that 86 percent of home buyers want garage ...

Mortgage demand decreases to july levels

Sep 10, 2021 Real Estate

Fri, 10 September 2021 | Agent Websites

Mortgage demand decreases to july levels

In what could be a preview of what’s in store if mortgage rates continue to rise, demand for purchase loans remains subdued compared to a year ago, as rates on 30-year fixed-rate loans continue to h...

Home price growth increases to all-time high in july

Sep 9, 2021 Real Estate

Thu, 09 September 2021 | Agent Websites

Home price growth increases to all-time high in july

Home price growth in July soared a record-shattering 18 percent year over year, marking a decades-long high watermark and signaling that a cool-down period remains distant, according to data released ...

Housing inventory slows in august as seasonality trend continues

Sep 8, 2021 Market Trend

Wed, 08 September 2021 | Agent Websites

Housing inventory slows in august as seasonality trend continues

Metro Denver’s residential market report for August 2021 showed a slowdown in inventory while still being a good time for burnt-out buyers to re-enter the market as the seasonality trend continues f...

Pending home sales decrease for second consecutive month

Sep 7, 2021 Real Estate

Tue, 07 September 2021 | Agent Websites

Pending home sales decrease for second consecutive month

Pending home sales saw a slight slump in July, dropping 1.8 percent to a Pending Home Sales Index (PHSI) of 110.7, according to the National Association of Realtors’ (NAR) Pending Homes Sales Report...

Buyers on the move showing increased interest in Florida

Sep 3, 2021 Real Estate

Fri, 03 September 2021 | Agent Websites

Buyers on the move showing increased interest in Florida

Homebuyer interest in relocating to a new city continued to drop in July after peaking in the first quarter of the year, but three Florida cities bucked the trend. The Seattle-based brokerage said ...

How important is curb appeal when selling your Home?

Sep 2, 2021 Market Trend

Thu, 02 September 2021 | Agent Websites

How important is curb appeal when selling your Home?

A homebuyer’s first impression of your home is just as important as a tour of the interior. The aesthetic look of a home’s exterior and grounds can tell someone what to expect inside the house, so...

Sep 1, 2021 Real Estate

Wed, 01 September 2021 | Agent Websites

Home price growth soars to record high

U.S. home price growth rose 18.6 percent in June, continuing a 13-month streak of appreciations, according to the monthly S&P/Case-Shiller U.S. National Home Price Index released Tuesday. Prices so...

Pros and Cons of Buying an Historic Home

Aug 31, 2021 Real Estate

Tue, 31 August 2021 | Agent Websites

Pros and Cons of Buying an Historic Home

From its quirky features to its charm, there’s plenty to love about an historic home. For those thinking of purchasing one, there is also plenty to consider. As anyone who’s watched HGTV can tell ...

Existing-Home sales increase for second consecutive month in July

Aug 30, 2021 Real Estate

Mon, 30 August 2021 | Agent Websites

Existing-Home sales increase for second consecutive month in July

Existing-home sales rose 2 percent on a seasonally adjusted annual basis from the previous month in July 2021, marking the second consecutive month in which sales increased, according to the National ...

Improvement in forbearance numbers slows as protections are lifted

Aug 27, 2021 Real Estate

Fri, 27 August 2021 | Agent Websites

Improvement in forbearance numbers slows as protections are lifted

The pace at which homeowners are leaving pandemic forbearance relief programs behind has slowed — just as foreclosure protections are lifting. Among loans that are backed by private lenders rather t...

Why aren't homebuyers taking advantage of the decline in mortgage rates?

Aug 26, 2021 Real Estate

Thu, 26 August 2021 | Agent Websites

Why aren't homebuyers taking advantage of the decline in mortgage rates?

Low mortgage rates are helping rekindle homeowners’ motivation to refinance their loans, but a builder backlog, ongoing listings shortages and rising home prices are likely to prevent a similar stam...

Rents increase to unexpected levels, even compared to pre-pandemic expectations

Aug 25, 2021 Market Trend

Wed, 25 August 2021 | Agent Websites

Rents increase to unexpected levels, even compared to pre-pandemic expectations

The nation’s rent prices had already surpassed pre-pandemic expectations, but now they’re leaving them in the dust. The typical rent in the U.S. rose to $1,843 in July, a level $52 higher than ...

What trends will shape the kitchen of the future?

Aug 24, 2021 Market Trend

Tue, 24 August 2021 | Agent Websites

What trends will shape the kitchen of the future?

The kitchen is the heart of the home. It’s the place that brings everyone together at both the start and the end of the day. This certainly rings true in U.S. households where people at home spend u...

Summer housing slowdown calms bidding wars

Aug 23, 2021 Real Estate

Mon, 23 August 2021 | Agent Websites

Summer housing slowdown calms bidding wars

Bidding wars have been cooling off quickly, at least according to agents at one brokerage with a national reach. Seattle-based Redfin reported Monday that only 60 percent of the offers its agents w...

Steps for getting started in real estate investing

Aug 20, 2021 Real Estate

Fri, 20 August 2021 | Agent Websites

Steps for getting started in real estate investing

Real estate can be among the most profitable investments someone can make. However, real estate investing comes with a slew of potential obstacles and surprises. How you get started is critical to you...

U.S. becoming more diverse and moving west

Aug 19, 2021 Market Trend

Thu, 19 August 2021 | Agent Websites

U.S. becoming more diverse and moving west

Thanks to a surging economy focused on things like aviation manufacturing, as well as vast swaths of cheap land, the Golden State drew thousands of young veterans and their families who were eager to ...

Mortgage rates increase for first time in weeks after strong jobs report

Aug 18, 2021 Real Estate

Wed, 18 August 2021 | Agent Websites

Mortgage rates increase for first time in weeks after strong jobs report

Mortgage rates rose for the first time in weeks, with 30-year loans returning to roughly the levels they had held in mid-July, according to Freddie Mac’s weekly lender survey “Following last Fr...

Fun-Filled late August and September events for all ages

Aug 17, 2021 Market Trend

Tue, 17 August 2021 | Agent Websites

Fun-Filled late August and September events for all ages

There is no shortage of fun-filled events and festivities for people of all ages in Colorado, whether you’re an outdoor or indoor enthusiast. Here’s a glimpse of some special events scheduled for ...

Metro Denver housing market cools off in july

Aug 16, 2021 Market Trend

Mon, 16 August 2021 | Agent Websites

Metro Denver housing market cools off in july

The metro Denver residential housing market cooled off a bit in July while listings rose sharply and monthly price gains went flat. Closings were down from June and the inventory of available homes re...

Signs point to home prices leveling off for first time in months

Aug 13, 2021 Real Estate

Fri, 13 August 2021 | Agent Websites

Signs point to home prices leveling off for first time in months

According to several key indicators: the market appears to be plateauing, after five consecutive months of record home prices More signs are surfacing that the home market is on track for a late-su...

Home sellers experiencing doubt as buyer sentiment hits new low

Aug 12, 2021 Real Estate

Thu, 12 August 2021 | Agent Websites

Home sellers experiencing doubt as buyer sentiment hits new low

According to a new Fannie Mae survey, Most Americans don't think prices will be higher in 12 months, but that mortgage rates will rise. The net share of Americans who think it’s a good time t...

Annual apartment rent, occupancy reach new highs in july

Aug 11, 2021 Real Estate

Wed, 11 August 2021 | Agent Websites

Annual apartment rent, occupancy reach new highs in july

The apartment industry is bouncing back after a tough year-and-a-half, and new records set in July for annual apartment rent growth and occupancy levels have solidified the trend, according to a repor...

Aug 10, 2021 Real Estate

Tue, 10 August 2021 | Public News

Cherry Creek Vista Real Estate Update

Here's the most recent status of homes For Sale, Pending and Sold in the last 3 months in Cherry Creek Vista. Denver Home Finder Service...

Home prices Increase 17% in june, reaching highest level since 1979

Aug 10, 2021 Real Estate

Tue, 10 August 2021 | Agent Websites

Home prices Increase 17% in june, reaching highest level since 1979

Even after a year of extremely high home price growth, June’s numbers broke all possible records. According to the latest numbers from property analytics provider CoreLogic, home prices rose 17.2 pe...

Five reasons patio homes have skyrocketed in popularity

Aug 9, 2021 Market Trend

Mon, 09 August 2021 | Agent Websites

Five reasons patio homes have skyrocketed in popularity

There are many people who want the benefits of apartment or condo living but also need the space and flexibility provided by single-family homes. For people in this category, patio homes might be the ...

Seven easy ways to make your camping trip more comfortable

Aug 6, 2021 Market Trend

Fri, 06 August 2021 | Agent Websites

Seven easy ways to make your camping trip more comfortable

Coloradans are blessed with one of the most magnificent backyards on the planet…the majestic Rocky Mountains. Camping in the high country is a favorite activity for local citizens and visitors alike...

Denver Metro Real Estate Market Update for July

Aug 5, 2021 Market Trend

Thu, 05 August 2021 | Public News

Denver Metro Real Estate Market Update for July

Welcome news for the July Denver Metro Real Estate Market Update and market final figures for June - it shows the number of homes for sale has DOUBLED from May (3,833) to June (7,671) this year. ...

Log home and cabin popularity booming across the country

Aug 5, 2021 Real Estate

Thu, 05 August 2021 | Agent Websites

Log home and cabin popularity booming across the country

Did you know that there are nearly 50,000 log homes built annually in the United States? Log homes account for around 10 percent of the custom homebuilding market in the country. In fact, there are mo...

Five steps to staying fit at your desk job

Aug 4, 2021 Market Trend

Wed, 04 August 2021 | Agent Websites

Five steps to staying fit at your desk job

If you spend your workweek sitting in an office, you may find yourself frequently surrounded by sugary snacks, donuts and other things that make it difficult to stay in shape. Those who work at a desk...

Aug 3, 2021 Real Estate

Tue, 03 August 2021 | Agent Websites

How to choose the best color for a room

More than furniture, lighting or anything else, paint can make or break the design of a room in your home. Unlike buying a new rug or moving around chairs, it’s also time-consuming, so you want to g...

CoreLogic: delinquency rates fall to lowest level in a year

Aug 2, 2021 Market Trend

Mon, 02 August 2021 | Agent Websites

CoreLogic: delinquency rates fall to lowest level in a year

With the biggest hit taking place in the early months of the pandemic, the mortgage outlook continues to improve. Overall delinquency rates dropped annually for the first time since March 2020. Acc...

Buyers may see more affordable homes over the next 6 months

Jul 30, 2021 Real Estate

Fri, 30 July 2021 | Agent Websites

Buyers may see more affordable homes over the next 6 months

A recent survey found that prospective sellers plan to list homes valued at less than $300K Homebuyers exhausted by record low inventory and bidding wars may see some relief in the near future, acc...

Demand for mortgages rises as home prices increase

Jul 29, 2021 Market Trend

Thu, 29 July 2021 | Agent Websites

Demand for mortgages rises as home prices increase

Demand for purchase loans rose last month to levels approaching records set in March, but rising home prices mean homebuyers are increasingly likely to need to apply for jumbo loans that have traditio...

10 Housing markets developers are betting big on

Jul 28, 2021 Market Trend

Wed, 28 July 2021 | Agent Websites

10 Housing markets developers are betting big on

Housing markets across the U.S. are booming with high demand and low inventory, and it’s sent land prices into a frenzy. Land is a hot commodity right now, as the lack of homes for sale continues...

Major obstacles preventing builders from abandoning lumber

Jul 27, 2021 Market Trend

Tue, 27 July 2021 | Agent Websites

Major obstacles preventing builders from abandoning lumber

Despite lumber prices coming down in recent weeks off their extreme peak, the material’s cost continues to be a real headache for homebuilders. So why haven’t more builders simply ditched the t...

Cities in the south and west experience housing shortage, while New York City maintains a surplus

Jul 26, 2021 Real Estate

Mon, 26 July 2021 | Agent Websites

Cities in the south and west experience housing shortage, while New York City maintains a surplus

An ongoing competitive market has completely reshuffled the U.S. cities experiencing housing shortages, with historically affordable Phoenix now seeing the biggest shortage in the U.S. even as infamou...

New data suggests: the fall could bring better prices and more inventory

Jul 23, 2021 Real Estate

Fri, 23 July 2021 | Agent Websites

New data suggests: the fall could bring better prices and more inventory

Buyers may catch a break from the red-hot housing market soon, according to Realtor.com’s Weekly Housing Trends report released Thursday. New listings fell 3 percent for the week ending July 3. B...

Foreclosures looming: 10 U.S. cities most at-risk

Jul 22, 2021 Market Trend

Thu, 22 July 2021 | Agent Websites

Foreclosures looming: 10 U.S. cities most at-risk

While home values are rising fast and those who can hold onto their house are in a very favorable position, mortgage payment pile-up has been a major problem throughout the pandemic. A new report f...

Price cuts often lead to greater profit: zillow

Jul 21, 2021 Market Trend

Wed, 21 July 2021 | Agent Websites

Price cuts often lead to greater profit: zillow

Fewer homes are cutting their prices in this year’s seller-dominated market, but those that do make price cuts are making them quick and deep, sometimes making a greater profit than they might other...

Best parks and playgrounds in southern metro denver

Jul 20, 2021 Market Trend

Tue, 20 July 2021 | Agent Websites

Best parks and playgrounds in southern metro denver

You’ll enjoy a great day with family or friends without fighting the mountain traffic, have a great picnic lunch, cool off in the shade or a splash pad, play games, stay fit and trim, simply relax, ...

Young adults using pandemic savings for down payments

Jul 19, 2021 Market Trend

Mon, 19 July 2021 | Agent Websites

Young adults using pandemic savings for down payments

The hot real estate market has seen soaring homebuyer demand and a Zillow survey points to a possible contributor: Young adults are taking the money they saved during the coronavirus pandemic and putt...

Suburban condo sales increase as buyers look for elusive deals

Jul 16, 2021 Real Estate

Fri, 16 July 2021 | Agent Websites

Suburban condo sales increase as buyers look for elusive deals

The idea that the city is for condos and the suburbs are for homes with a big yard has been drilled into our collective understanding of real estate, but as sales of suburban condos soar, that idea is...

Thinking about downsizing? Here’s some tips that will help make the process go more smoothly

Jul 15, 2021 Real Estate

Thu, 15 July 2021 | Agent Websites

Thinking about downsizing? Here’s some tips that will help make the process go more smoothly

Senior citizens sometime feel the need to downsize to a condominium, townhome, or patio home. The kids are gone from home, the big house is getting harder to maintain, and from a financial perspective...

Why taking cash out against a home in today's market could be risky

Jul 14, 2021 Market Trend

Wed, 14 July 2021 | Agent Websites

Why taking cash out against a home in today's market could be risky

Home equity has been a hot topic of conversation over the past year thanks to soaring home prices. According to CoreLogic, in May, national home prices saw a 15.4 percent year over year increase, t...

CoreLogic: home prices increased 15.4% in may

Jul 13, 2021 Real Estate

Tue, 13 July 2021 | Agent Websites

CoreLogic: home prices increased 15.4% in may

In just one year, home prices across the country rose by 15.4 percent in May — the fourth straight month of double-digit growth and an extraordinarily high number unseen since November 2005. Home...

Discover amazing adventures throughout colorado’s beautiful eastern plains

Jul 12, 2021 Market Trend

Mon, 12 July 2021 | Agent Websites

Discover amazing adventures throughout colorado’s beautiful eastern plains

When most people thank about outdoor adventures or excursions in Colorado, they are almost always referring to the state’s majestic high country. After all, we are blessed with one of the most beaut...

Number of affordable places to live drops to lowest point in two years

Jul 9, 2021 Real Estate

Fri, 09 July 2021 | Agent Websites

Number of affordable places to live drops to lowest point in two years

More than 3 in 5 counties studied in a recent home affordability report were deemed less affordable than their historical averages, representing a steep uptick in the second quarter of the year. Th...

Take necessary precautions to help prevent wildfires

Jul 8, 2021 Real Estate

Thu, 08 July 2021 | Agent Websites

Take necessary precautions to help prevent wildfires

Colorado’s annual wildfire season is underway, and multiple fires are burning hundreds of acres in the state’s high country and elsewhere. Wildfires currently active in Colorado at this writing in...

Rising home prices may be lowering demand for purchase mortgages

Jul 7, 2021 Market Trend

Wed, 07 July 2021 | Agent Websites

Rising home prices may be lowering demand for purchase mortgages

Demand for purchase mortgages fell last week to the lowest level since May 2020, which could be a sign that first-time homebuyers are getting squeezed out of the market due to the lack of affordable h...

Landlords veer back to Pre-Pandemic prices after year of lower rent

Jul 6, 2021 Real Estate

Tue, 06 July 2021 | Agent Websites

Landlords veer back to Pre-Pandemic prices after year of lower rent

Rents nationwide have now rebounded fully from pandemic-driven declines, although recoveries in the Bay Area and New York City are still in progress. Apartment List’s national rent index rose 2.3...

Reasons americans shouldn't give up on owning a home

Jul 2, 2021 Market Trend

Fri, 02 July 2021 | Agent Websites

Reasons americans shouldn't give up on owning a home

Owning a home a significant part of the American dream Using data from the 2015 Survey of Income and Program Participation, two U.S. Census Bureau researchers found that homeownership is the top co...

After April slump, pending-home sales rise 8% in May

Jul 1, 2021 Real Estate

Thu, 01 July 2021 | Agent Websites

After April slump, pending-home sales rise 8% in May

Pending-home sales climbed 8 percent in May after.declining in April, according to new data released Wednesday by the National Association of Realtors. Contract signings also rose 13.1 percent year...

Purchase loan demand increases again, despite increase in mortgage rates

Jun 30, 2021 Real Estate

Wed, 30 June 2021 | Agent Websites

Purchase loan demand increases again, despite increase in mortgage rates

Demand for purchase loans was up for the third week in a row last week, even as mortgage rates surged to the highest level in a month, according to a weekly survey by the Mortgage Bankers Association....

Baby boomers, millennials optimistic about current housing market

Jun 29, 2021 Market Trend

Tue, 29 June 2021 | Agent Websites

Baby boomers, millennials optimistic about current housing market

According to a new survey, a majority of Americans are optimistic about selling a home in today's market, but only a minority of consumers think the market will remain strong for more than a year....

NAR: US existing-home prices hit another record high in May

Jun 28, 2021 Real Estate

Mon, 28 June 2021 | Agent Websites

NAR: US existing-home prices hit another record high in May

Median existing-home price across all housing types hit a record high of $350,300 in May, up 23.6 percent from the year before, according to a new report released Tuesday morning by the National Assoc...

Escalation clauses: what buyers need to know

Jun 25, 2021 Real Estate

Fri, 25 June 2021 | Agent Websites

Escalation clauses: what buyers need to know

An escalation clause can be advantageous to buyers in today's market, but these addendums need to be handled carefully An escalation clause can help buyers gain a crucial edge in today’s sell...

Share of Fixer-Upper home sales drops to lowest point in decades

Jun 24, 2021 Market Trend

Thu, 24 June 2021 | Agent Websites

Share of Fixer-Upper home sales drops to lowest point in decades

The booming housing market has generally made things easy for sellers — unless those sellers were investors coming off a renovation. Single-family homes and condos sold by house-flippers accounte...

Median age of U.S. housing stock getting older during inventory crisis

Jun 23, 2021 Real Estate

Wed, 23 June 2021 | Agent Websites

Median age of U.S. housing stock getting older during inventory crisis

The housing crisis is expected to persist long after the pandemic ends if the government doesn’t interject soon, a pair of new studies reveal. Two studies released on Wednesday by the National As...

Mortgage rates ease despite inflation worries

Jun 22, 2021 Market Trend

Tue, 22 June 2021 | Agent Websites

Mortgage rates ease despite inflation worries

Mortgage rates continue to ease despite worries that the Federal Reserve will eventually have to take measures to fight inflation, with rates on 30-year fixed-rate mortgages continuing to inch further...

JPMorgan Chase pledges $400 million to affordable housing

Jun 21, 2021 Real Estate

Mon, 21 June 2021 | Agent Websites

JPMorgan Chase pledges $400 million to affordable housing

New Initiatives Targeted Toward Closing Affordability Gap for Black, Latino Families JPMorgan Chase is undertaking new initiatives aimed at helping close the housing affordability gap for Black and...

Desirable housing is out there. Here's how to find It

Jun 18, 2021 Real Estate

Fri, 18 June 2021 | Agent Websites

Desirable housing is out there. Here's how to find It

It’s no secret that we’re in the midst of a historic housing shortage. With the possibility of new construction easing the inventory strain unlikely in the near future, agents need to focus on...

Home sale-leasebacks are increasing, but are they good for homeowners?

Jun 17, 2021 Market Trend

Thu, 17 June 2021 | Agent Websites

Home sale-leasebacks are increasing, but are they good for homeowners?

The coronavirus pandemic hit many U.S. homeowners hard, leading them to opt into national mortgage forbearance plans while struggling to stay afloat. About 2.2 million homeowners are now enrolled i...

CoreLogic: rent prices increasing faster than pre-pandemic rates

Jun 16, 2021 Real Estate

Wed, 16 June 2021 | Agent Websites

CoreLogic: rent prices increasing faster than pre-pandemic rates

Rent prices across the country are growing at breakneck speed, now more than double what they were at the same time in 2020. According to the latest Single-Family Rent Index report from CoreLogic r...

After buying surge, demand for second homes stabilizes

Jun 15, 2021 Real Estate

Tue, 15 June 2021 | Agent Websites

After buying surge, demand for second homes stabilizes

After a year of frantic activity on the market for second homes, Redfin has found evidence that suggests demand may be starting to normalize for these getaway spots and investment properties. Each ...

The Best Denver Golf Courses You Should be playing

Jun 14, 2021 Community Service

Mon, 14 June 2021 | Agent Websites

The Best Denver Golf Courses You Should be playing

Golfers are hitting Colorado’s golf courses in record numbers with great weather and the end of the virus in sight. The Denver area in particular is blessed with a multitude of world-class golf cour...

Mortgage rates stable heading into next week's Fed meeting

Jun 11, 2021 Real Estate

Fri, 11 June 2021 | Agent Websites

Mortgage rates stable heading into next week's Fed meeting

Mortgage rates were stable this week as the Federal Reserve prepares for a meeting next week where the latest inflation numbers and a potential tapering of the Fed’s mortgage bond purchases are like...

CoreLogic: Average homeowner gained 19.6 percent in equity last year

Jun 10, 2021 Market Trend

Thu, 10 June 2021 | Agent Websites

CoreLogic: Average homeowner gained 19.6 percent in equity last year

According to the latest numbers from CoreLogic released on Thursday, the average American homeowner with a mortgage gained 19.6 percent in equity in the first quarter of 2021, which amounts to a $33,4...

Out-Of-Town movers look for more affordable areas with larger homes

Jun 9, 2021 Real Estate

Wed, 09 June 2021 | Agent Websites

Out-Of-Town movers look for more affordable areas with larger homes

It’s a classic suburban conundrum: If you want more space without having to pay through the nose, you probably have to look further out from the city. But movers took this principle to new extre...

What elements are important when valuing a property?

Jun 8, 2021 Real Estate

Tue, 08 June 2021 | Agent Websites

What elements are important when valuing a property?

Ever toss and turn at night wondering to yourself: Are “intrinsic” or “extrinsic” elements going to help or hurt my properties? I decided to take a closer look and try to figure out how these ...

Americans would rather buy than rent, despite challenges

Jun 7, 2021 Market Trend

Mon, 07 June 2021 | Agent Websites

Americans would rather buy than rent, despite challenges

Most Americans think it’s a bad time to buy a home, but nearly three out of four say they’d still rather buy then rent the next time they move. Those are the latest findings of an in-depth mont...

Mortgage rates stay at appealing low as Buyers compete for homes

Jun 4, 2021 Market Trend

Fri, 04 June 2021 | Agent Websites

Mortgage rates stay at appealing low as Buyers compete for homes

Mortgage rates continue to hover not far above historic lows, an incentive for would-be homebuyers and homeowners who could benefit from refinancing. Freddie Mac’s latest Primary Mortgage Market Sur...

Home prices increase 13% from last year: corelogic

Jun 3, 2021 Market Trend

Thu, 03 June 2021 | Agent Websites

Home prices increase 13% from last year: corelogic

For the third month in a row, home prices have experienced double-digit annual growth across the country According to the latest CoreLogic Home Price Index report released on Tuesday, home prices i...

Redfin: 51% of homes sold Above listing price in may

Jun 2, 2021 Real Estate

Wed, 02 June 2021 | Agent Websites

Redfin: 51% of homes sold Above listing price in may

Even in the face of record-low inventory and skyrocketing median home prices, homebuyers aren’t giving up on their homeownership dreams, as evidenced by Redfin’s latest market report released on F...

Home buyers willing to pay amazing premiums above list price during Metro Denver’s “insane” market

Jun 1, 2021 Market Trend

Tue, 01 June 2021 | Agent Websites

Home buyers willing to pay amazing premiums above list price during Metro Denver’s “insane” market

Homebuyers in the metro Denver area are willing to pay big premiums over the list price in what is being called an “insane” market. Whatever it takes to get a contract on a home, buyers are quick ...

May 29, 2021 For Sellers

Sat, 29 May 2021 | Public News

Two Ways to Sell Your Home - Wholesale or Retail

Sell Your House for Retail Value? Or Wholesale Value? Which method is perfect for you? If you’re thinking about selling your home, there is more than one way to do that, depending on your real es...

Mortgage rates decline from 3% Threshold

May 28, 2021 Market Trend

Fri, 28 May 2021 | Agent Websites

Mortgage rates decline from 3% Threshold

Mortgage rates retreated this week, even as support builds at the Federal Reserve to begin discussions on when to taper bond purchases that have kept a lid on long-term interest rates. Freddie Mac�...

Pending-home sales decline 4.4% in April

May 27, 2021 Real Estate

Thu, 27 May 2021 | Agent Websites

Pending-home sales decline 4.4% in April

Pending-home sales dropped 4.4 percent in April from the month before to a Pending Home Sales Index (PHSI) of 106.2, according to a report released on Thursday by the National Association of Realtors ...

Q1: home prices soar due to housing shortage, mortgage Rates

May 26, 2021 Real Estate

Wed, 26 May 2021 | Agent Websites

Q1: home prices soar due to housing shortage, mortgage Rates

Home prices rose 12.6 percent in the first quarter of 2021, according to the Federal Housing Finance Agency House Price Index released Tuesday. The number is also up 3.5 from the last quarter and 1.4 ...

Home affordability declines, first time in 2 years

May 25, 2021 Real Estate

Tue, 25 May 2021 | Agent Websites

Home affordability declines, first time in 2 years

Houses were less affordable in March than a year ago, as home prices climbed faster than household income and mitigated the benefit of low interest rates, according to an index that measures housing a...

Nearly half of American homes selling In under a week

May 24, 2021 Market Trend

Mon, 24 May 2021 | Agent Websites

Nearly half of American homes selling In under a week

In April, 47% of homes for sale in the US went under contract in less than a week. The squeeze is happening at various price points and in dozens of metro areas A new report out from Zillow shows t...

May 21, 2021 Real Estate

Fri, 21 May 2021 | Agent Websites

Mortgage rates stabilize at around 3%

Mortgage rates were up slightly during the week ending May 20, as borrowers with excellent credit putting 20 percent down were offered rates averaging 3.00 percent on 30-year fixed-rate purchase mortg...

Study suggests energized economy is driving housing market's potential

May 20, 2021 Market Trend

Thu, 20 May 2021 | Agent Websites

Study suggests energized economy is driving housing market's potential

Listings may be in short supply, but an index measuring the housing market’s potential was up nearly 30 percent from a year ago in April, thanks to a rise in “house-buying power.” House-buyin...

NAR: Existing-home sales decline again as home prices grow for the third consecutive month

May 19, 2021 Real Estate

Wed, 19 May 2021 | Agent Websites

NAR: Existing-home sales decline again as home prices grow for the third consecutive month

Continuing inventory woes have hampered existing-home sales for the third consecutive month, according to the National Association of Realtors’ latest market report released on Friday. Existing-home...

April Real Estate Update for Denver Metro Area

Apr 23, 2021 Market Trend

Fri, 23 April 2021 | Public News

April Real Estate Update for Denver Metro Area

The April Denver Metro Real Estate Market Update and market final figures for March shows listings DOWN 75.3% from March 2020. Think about that - listings are down 75%. This lack of homes for sale (3,...

Apr 21, 2021 For Sellers

Wed, 21 April 2021 | Public News

Use Your Home Equity to Buy Your "For Life" Home

If you are looking for your For Life home, this is a perfect way to use the equity in your current home to accomplish that goal. Just think of a newer home, with less maintenance, maybe a patio home,...

Mar 27, 2021 Real Estate

Sat, 27 March 2021 | Public News

2021 Real Estate Myths

Here are 5 common misconceptions about today's competitive real estate market. Check my other websites Denver Home Finder Service Denver Home Seller Service Cherry Creek School District Home...

March 2021 Real Estate Update for Denver Metro Area

Mar 27, 2021 Market Trend

Sat, 27 March 2021 | Public News

March 2021 Real Estate Update for Denver Metro Area

The March Denver Metro Real Estate Market Update and market final figures for February shows listings DOWN 69.7% from February 2020. Think about that - listings are down 70%. This lack of homes for ...

Mar 8, 2021 For Buyers

Mon, 08 March 2021 | Public News

4 Ways to Prepare for a Bidding War

With very few homes for sale right now, buyers are frequently competing against other buyers for the same home which results in a Bidding War. Here are 4 ways to be ready for a bidding war. Check...

February 2021 Real Estate Update for Denver Metro Area

Feb 26, 2021 Market Trend

Fri, 26 February 2021 | Public News

February 2021 Real Estate Update for Denver Metro Area

The February Denver Metro Real Estate Market Update and market final figures for January shows listings DOWN 55.2% from January 2020. This lack of homes for sale (3,192)) is creating bidding wars agai...

December 2020 Real Estate Update for Denver Metro Area

Dec 22, 2020 Market Trend

Tue, 22 December 2020 | Public News

December 2020 Real Estate Update for Denver Metro Area

The December Denver Metro Real Estate Market Update and market final figures for November shows listings DOWN 47% from November 2019. This lack of homes for sale (5,107)) is creating bidding wars agai...

November 2020 Real Estate Update for Denver Metro Area

Nov 24, 2020 Market Trend

Tue, 24 November 2020 | Public News

November 2020 Real Estate Update for Denver Metro Area

The November Denver Metro Real Estate Market Update and market final figures for October shows listings DOWN 46% from October 2019. This lack of homes for sale (4,442)) is creating bidding wars again....

Oct 19, 2020 For Buyers

Mon, 19 October 2020 | Public News

How to Prepare for a Bidding War

- With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers. - From pre-approval to making your best offer, here are three tips to make s...

October 2020 Real Estate Update for Denver Metro Area

Oct 18, 2020 Market Trend

Sun, 18 October 2020 | Public News

October 2020 Real Estate Update for Denver Metro Area

The October Denver Metro Real Estate Market Update and market final figures for September shows listings DOWN nearly 47% from September 2019. This lack of homes for sale (7,051)) is creating bidding w...

Virtual Schools are Changing Homebuyer Needs

Sep 15, 2020 For Buyers

Tue, 15 September 2020 | Public News

Virtual Schools are Changing Homebuyer Needs

With remote learning sweeping the nation this academic year, organized spaces with enough room for kids to learn effectively are high on buyer wish lists. If you’re trying to make room for your fam...

September 2020 Real Estate Update for Denver Metro Area

Sep 14, 2020 For Sellers

Mon, 14 September 2020 | Public News

September 2020 Real Estate Update for Denver Metro Area

The September Denver Metro Real Estate Market Update and market final figures for August shows listings DOWN 40% to 8,019 from August 2019. This lack of homes for sale (inventory of homes) is creating...

Jan 10, 2020 Real Estate

Fri, 10 January 2020 | Public News

Buyers Are Waiting For Your Home

There’s a Long Line of Buyers Waiting for Your House If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good...

Dec 24, 2019 Other

Tue, 24 December 2019 | Public News

The Santa Tracker and NORAD story

There is such a fun story behind the history of NORAD's Santa Tracker. In 1955 a Sear's advertisement had a typo for a Santa hotline. The incorrect phone number actually went to a secret red...

Some Sellers Want Convenience Over Profits

Jun 24, 2019 Real Estate

Mon, 24 June 2019 | Public News

Some Sellers Want Convenience Over Profits

Picture from Colorado Association of Realtors Some sellers want convenience over profits. For those type of sellers, an ibuyer might be a consideration. At the press of a button you can recei...

February 2019 Denver Metro Real Estate Market Overview

Mar 24, 2019 Real Estate

Sun, 24 March 2019 | Public News

February 2019 Denver Metro Real Estate Market Overview

In this February Denver Metro Real Estate Market Overview we continue to see an increase in homes for sale – 35% increase over the same month the prior year. That continues to be great news for buye...

Mar 24, 2019 Real Estate

Sun, 24 March 2019 | Public News

Tips for Buying Your Retirement Home

Picture from RE/MAX.com/blog If you're thinking about buying your retirement home, here's some tips: 1) Location, location, location - also applies to retirement homes; 2) Don't Del...

Feb 11, 2019 Real Estate

Mon, 11 February 2019 | Public News

Homeowner Tax Deductions

You probably remember that there were tax law changes that might affect your 2018 tax return. Here's a list of the major areas that might affect you as a homeowner: -Standard Deduction Chang...

3 Repairs to Consider Before Listing Your Home

Jan 8, 2019 Real Estate

Tue, 08 January 2019 | Public News

3 Repairs to Consider Before Listing Your Home

Picture from Realtor Magazine If you're thinking about selling your home, here's three repairs that could save your sale and be cost effective: 1) Fix Flooring Flaws 2) Repair Water S...

Dec 30, 2018 Real Estate

Sun, 30 December 2018 | Public News

Real Estate ABC's A - K

Like many other industries, the real estate industry has its own lingo. But buying a home is your biggest investment, so you want to understand the terms that you are hearing. What's the differe...

Dec 30, 2018 Real Estate

Sun, 30 December 2018 | Public News

Real Estate ABC's L - Z

Like many other industries, the real estate industry has its own lingo. But buying a home is your biggest investment, so you want to understand the terms that you are hearing. What's the differe...

9 Real Estate Trends to Watch for in 2019

Dec 23, 2018 Real Estate

Sun, 23 December 2018 | Public News

9 Real Estate Trends to Watch for in 2019

Pictures from Colorado Association of Realtors Here are 9 Real Estate Trends Expected in 2019: 1. Wanted: More homes for sale 2. Home prices will keep going up 3. Mortgage rates will continu...

Bidding Wars for Real Estate at 8 year low

Dec 23, 2018 Real Estate

Sun, 23 December 2018 | Public News

Bidding Wars for Real Estate at 8 year low

Chart from Nation Mortgage Professional Good news for buyers - bidding wars are the lowest they have been in the last 8 years. Redfin has been tracking bidding wars since 2011. Last year 45% ...

More Homes will Sell Below Their Asking Price

Dec 15, 2018 Real Estate

Sat, 15 December 2018 | Public News

More Homes will Sell Below Their Asking Price

Picture from Magazine Realtor According to a new forecast, in the first quarter of 2019, 77% of homes will sell below their asking price. Sellers need to get more realistic about the changing ma...

Dec 9, 2018 Real Estate

Sun, 09 December 2018 | Public News

Real Estate Can Build Wealth

Picture from Forbes There are numerous reasons that real estate can build wealth. Besides appreciation that most other asset classes have, real estate can have: -cash flow -depreciation -le...

Dec 9, 2018 Real Estate

Sun, 09 December 2018 | Public News

Winter is a Good Season to Buy a Home

Winter can be a better time to buy a home instead of spring or summer. The sellers that have their homes on the market tend to be very motivated to sell and move. Fewer buyers are out in the market ...

Dec 2, 2018 Real Estate

Sun, 02 December 2018 | Public News

Conforming Loan Limits Increased

Picture from HousingWire Conforming loan limits have increased for the third year in a row. They increased 6.9% from $453,100 to $484,350. That applies to any mortgage loan that is sold to Fa...

Dec 2, 2018 Real Estate

Sun, 02 December 2018 | Public News

US Housing Market Slowing Down

Picture from HousingWire.com Housing Market is slowing down across the nation. Goldman cites three main reasons: 1) Mortgage Rates are Continuing to Rise 2) Home Prices are Rising Faster ...

Nov 25, 2018 Real Estate

Sun, 25 November 2018 | Public News

Benefits of Home Ownership

Have you ever heard people complaining about the renters in the neighborhood? It seems like the renters let their home and yard deteriorate. They are missing the "Pride of Ownership". The...

Proposal to reduce need for appraisal for government backed mortgages

Nov 25, 2018 Real Estate

Sun, 25 November 2018 | Public News

Proposal to reduce need for appraisal for government backed mortgages

Picture from Housingwire.com For Government backed mortgage loans, Federal Regulators are proposing to decrease appraisal requirement for homes $400,000 or lower. The current threshhold is $25...

Nov 18, 2018 Real Estate

Sun, 18 November 2018 | Public News

Hidden Costs of Buying a Home

One thing to educate yourself about before buying a home is the hidden costs of buying and owning a home. Most people are aware about the cost of an inspection and appraisal. But these are 5 other t...

Nov 18, 2018 Real Estate

Sun, 18 November 2018 | Public News

Scary Real Estate Terms

Picture from RE/MAX.com/blog Every industry has their own language and own terms. But these terms have to do with one of the biggest purchases you will make. That helps make them more scary a...

Details on Popular Places to live in Colorado

Nov 11, 2018 Real Estate

Sun, 11 November 2018 | Public News

Details on Popular Places to live in Colorado

"From the hustle and bustle of Denver, to the charming streets of Steamboat Springs, and the quaint neighborhoods of Littleton, Colorado has area has so much to offer. Whether you're searching...

Nov 4, 2018 Real Estate

Sun, 04 November 2018 | Public News

2019 Housing Market Forecast

Lawrence Yun, chief economist at the National Association of Realtors®, recently gave his 2019 housing forecast. Several key points he made: - home prices to continue to increase, though at a slo...

Nov 4, 2018 Real Estate

Sun, 04 November 2018 | Public News

Best Time to Buy a New Home

Picture from New Home Source Most people think that spring is the best time to buy a home. Well, it's definitely the busiest time to buy a home. Plus that timing makes the most sense for ...

Oct 27, 2018 Market Trend

Sat, 27 October 2018 | Public News

Denver Real Estate Market Cooling

Picture from Denverite.com Prices are still rising but the hot seller's market is cooling some. RE/MAX found home sale closings were down 19% in Sept. 2018 from Sept. 2017. Nationally sales...

Don't worry about these item while house hunting

Oct 21, 2018 Real Estate

Sun, 21 October 2018 | Public News

Don't worry about these item while house hunting

While house hunting, there are numerous things to consider. However, according to Zillow, these are 10 items that you should not be worried about: 1) A Home's Age; 2) Paint Colors; 3) Wonky Wall...

Oct 21, 2018 Real Estate

Sun, 21 October 2018 | Public News

Home Defect Warning Signs

When you are starting to look at homes, besides looking at the neighborhood, floor plan and upgrades, you should also watch for these possible home defect warning signs: -Overpowering scent (bad sc...

Denver Metro Real Estate Market Overview for September

Oct 11, 2018 Market Trend

Thu, 11 October 2018 | Public News

Denver Metro Real Estate Market Overview for September

We continue to have an increase in homes for sale. We've had a 20% increase in homes for sale in Sept 2018 (12,024) over Sept 2017. The Average Sold Price is up 6.7% from a year ago. The Averag...

Oct 11, 2018 Real Estate

Thu, 11 October 2018 | Public News

What Determines Your Interest Rate

When you start thinking about buying a home, you probably start doing research on interest rates. When you look online, you see different answers as to what current interest rates are. Sometime that...

New Home or Resale Home - which is right for you?

Oct 6, 2018 Real Estate

Sat, 06 October 2018 | Public News

New Home or Resale Home - which is right for you?

Since this article is written for a new home magazine, the focus seems to be on the advantages of buying new: -Energy Consumption/Green Building -Flexibility for Space & Wiring Customization -Repla...

25 Top Denver Area Neighborhoods to Live In

Oct 2, 2018 Education/Classes

Tue, 02 October 2018 | Public News

25 Top Denver Area Neighborhoods to Live In

5280's 2nd annual list of the Mile High City's Most Livable neighborhoods is out. They used 4 variables to determine their ranking: Crime Data, Home Prices, School Rankings and an X factor. ...

Sep 30, 2018 Real Estate

Sun, 30 September 2018 | Public News

Fall Bring Price Drops

Picture from Realtor.com Magazine Redfin reports that 1 out of every 4 home seller dropped their asking price for the month between mid August to mid Sept. We are experiencing more homes on ...

How Much Will the Utility Bills Cost for a Particular Home?

Sep 30, 2018 For Services Providers

Sun, 30 September 2018 | Public News

How Much Will the Utility Bills Cost for a Particular Home?

Picture from Cohomeblog.recolorado.com Whether you're are thinking about renting or buying a home, one thing that will take a bite out of your budget is the utility bills. Here's a way...

Sep 23, 2018 Real Estate

Sun, 23 September 2018 | Public News

Frozen Credit Files

After the latest Equifax data breach more and more consumers are opting to freeze their credit files to help prevent fraud. Not a bad idea. BUT that could cause problems when applying for a mortgage...

Home Buying - Read and Understand the Contract

Sep 23, 2018 Real Estate

Sun, 23 September 2018 | Public News

Home Buying - Read and Understand the Contract

This article has the regular advice on things to do before buying a home. But it also adds one important step - read and understand the offer contract. The Colorado Real Estate Commission approved c...

Sep 16, 2018 Market Trend

Sun, 16 September 2018 | Public News

Ray of Sunshine for Home Buyers

Picture from Denver Metro Association of Realtors The last 4 years has been the strongest sellers' market in our lifetime. That has made things very difficult for buyers. But now we're ...

Sep 9, 2018 Real Estate

Sun, 09 September 2018 | Public News

Baby Boomers Are Not Eager to Downsize

Picture from Housingwire.com Trulia did a study on homeowners 65 years & older and compared the results to a similar survey 10 years ago. Some of the key findings were: -Baby Boomers are work...

Sep 9, 2018 Real Estate

Sun, 09 September 2018 | Public News

How Does a Buyer Determine What to Offer?

Now that you've found your perfect home, how do you decide how much to offer? You can't just use a formula to determine what to offer. You need your agent to do some research and homework for ...

Sep 2, 2018 Real Estate

Sun, 02 September 2018 | Public News

10 Ways to Lose a House

Picture from REMAX.com The real estate market is very competitive for buyers. Besides the tough competition, here's 10 additional Ways to Lose a House and make the home buying experience mor...

Experts say these are the best times of year to buy a home

Sep 2, 2018 Real Estate

Sun, 02 September 2018 | Public News

Experts say these are the best times of year to buy a home

The perfect time for sellers to sell their home and get the best price is in spring and summer. If you are a buyer during that time period, it might feel like a stampede. The lack of homes for sale,...

Aug 25, 2018 Real Estate

Sat, 25 August 2018 | Public News

What is MIP on a Mortgage Loan?

Picture from Realtor.com Your lender is referring to a MIP charge on top of your interest and prinicpal payment on your mortgage? You may wonder what that is and why you have to pay for it. M...

Which Denver Metro Cities have a Rent Decrease this year

Aug 25, 2018 Real Estate

Sat, 25 August 2018 | Public News

Which Denver Metro Cities have a Rent Decrease this year

Everyone knows that home prices have been continually going up; but rents are also going up. A "new analysis found that one-bedroom rent in Denver went up on a month-by-month basis by a higher pe...

Aug 18, 2018 For Buyers

Sat, 18 August 2018 | Public News

Helpful Things to Know About Moving

Picture from Prospects Plus Moving is one of the most stressful events in life. Proper planning can help limit the stress. Besides the 4 tips in the above article, one of the best tips I have...

Aug 18, 2018 Market Trend

Sat, 18 August 2018 | Public News

Mortgage Rates take a Breather

Photo from MarketWatch So far in 2018 the 30-year-fixed has averaged 4.44%, up from 3.99% in 2017. Experts have expected rates to rise to 5.0% by the end of the year. But we're now experien...

Denver Metro Real Estate Market Overview for July

Aug 11, 2018 Real Estate

Sat, 11 August 2018 | Public News

Denver Metro Real Estate Market Overview for July

Good news for buyers. We continue to have an increase in homes for sale. We've had an 16.3% increase in homes for sale in July 2018 (11,229) over July 2017. The Average Sold Price is up 7.3% f...

Aug 11, 2018 Market Trend

Sat, 11 August 2018 | Public News

Have Home Prices Hit Their Peak?

The experts expected this summer to be the most competitive housing market in history. However, the expected rush of offers for the limited amount of homes on the market hasn't happened. Mortgag...

Denver Neighborhood ranked in Top 5 Neighborhoods in the Nation

Aug 4, 2018 Real Estate

Sat, 04 August 2018 | Public News

Denver Neighborhood ranked in Top 5 Neighborhoods in the Nation

Picture from Realtormag ATTOM Data Solutions evaluated affordability, home price appreciation, school scores, crime rates, unemployment rates and property taxes of 10,000 neighborhoods. The Hunt...

Aug 4, 2018 Real Estate

Sat, 04 August 2018 | Public News

Is a Home Warranty Worth the Cost?

Home warranties frequently cost around $450.00. A listener asks Dave Ramsey if he thinks a home warranty is worthwhile to purchase. The point Dave made was that a home warranty company could not sta...

Is the Real Estate Market Starting To Cool a Bit?

Jul 29, 2018 Market Trend

Sun, 29 July 2018 | Public News

Is the Real Estate Market Starting To Cool a Bit?

Graph from National Association of Realtors Industry experts are starting to see signs that may indicate that the real estate market is starting to cool down a bit. Some buyers have been sitting ...

Jumbo Loans with 5% down and no mortgage insurance

Jul 20, 2018 Real Estate

Fri, 20 July 2018 | Public News

Jumbo Loans with 5% down and no mortgage insurance

Picture from Housingwire.com Homes are appreciating so rapidly that more and more buyers are now needing jumbo mortgage loans instead of conforming loans. More and more companies are designing p...

Can Congress Fix the Broken Credit Reporting System?

Jul 15, 2018 Other

Sun, 15 July 2018 | Public News

Can Congress Fix the Broken Credit Reporting System?

Picture from Housingwire.com In the Senate hearings there were two major concerns: 1) Federal Trade Commission and Consumer Finance Protection Bureau's lack of ability to penalize credit bur...

Jul 8, 2018 Real Estate

Sun, 08 July 2018 | Public News

Home Prices in Denver area hold steady

Graph from Denver Metro Association of Realtors Good news for buyers. Median June home prices in the Denver metro area remained unchanged from the month of May. July is frequently the seasonal ...

Jul 8, 2018 Real Estate

Sun, 08 July 2018 | Public News

Home Sellers are Using Spycams

Is there a video or recording device in this bookshelf? It's bad enough that homebuyers are competing with many other buyers. But now they have another disadvantage. More and more sellers hav...

Breather From Escalating Mortgage Interest Rates

Jul 1, 2018 Real Estate

Sun, 01 July 2018 | Public News

Breather From Escalating Mortgage Interest Rates

Picture from Housing Wire Freddie Mac reports that mortgage interest rates are stablizing. As of June 28th 30 year fixed mortgage rates have decreased 4 in the past 5 weeks to 4.55% Industry ...

Real Estate Wire Transfers Become Targets for Criminals

Jul 1, 2018 Real Estate

Sun, 01 July 2018 | Public News

Real Estate Wire Transfers Become Targets for Criminals

Picture from Housing Wire Criminals are always finding new ways to steal your money. One of the latest techniques is to redirect wire transfers. Historically, title companies would send the len...

Jun 23, 2018 Real Estate

Sat, 23 June 2018 | Public News

Prepare to Visit Open Houses

Picture from ReColorado.com Some advanced preparation will help your Open House tour be more productive: -Research neighborhoods and Open Houses scheduled for your preferred day & time -Pla...

Jun 23, 2018 Real Estate

Sat, 23 June 2018 | Public News

What You can Learn at an Open House

Going to an Open House is a good way to learn about a particular home and that neighborhood. But here are some do's and don'ts. -Politely ask Questions - ask about the home, motivations fo...

Jun 17, 2018 Real Estate

Sun, 17 June 2018 | Public News

What does my Credit Score Mean?

Picture from Nova Home Loans Before you apply for a mortgage loan, you will most likely want to find out what your credit score is and what it means. The higher your credit score the less risk y...

Denver Metro Real Estate Market Overview for May

Jun 10, 2018 Real Estate

Sun, 10 June 2018 | Public News

Denver Metro Real Estate Market Overview for May

We contine to have an increase in homes for sale. We've had an 11% increase in homes for sale in May 2018 (8,625) over May 2017. The Average Sold Price is up 9.6% from a year ago. The Average ...

Jun 2, 2018 Real Estate

Sat, 02 June 2018 | Public News

Glossary to Mortgage Lending Terms

Picture from Nova Home LoansWhen you start looking for a mortgage loan, you're greeted with a foreign language - the language of mortgages. Here's a helpful Glossary of Mortgage Terms. ...

How to Buy & Sell a Home at the Same Time - Part I

May 27, 2018 Real Estate

Sun, 27 May 2018 | Public News

How to Buy & Sell a Home at the Same Time - Part I

Unless you're a first time buyer, chances are good that you also have a home to sell in order to buy a new one. Coordinating that sell and then the buy scenario can be challenging and tricky. ...

How to Avoid these 10 Real Estate Deal Killers

May 20, 2018 Real Estate

Sun, 20 May 2018 | Public News

How to Avoid these 10 Real Estate Deal Killers

In the home buying process there are so many moving parts and so many people involved that it's not unusual to run into snags that end up killing the deal. About 1 out of every 3 transactions rig...

Denver Metro Real Estate Market Overview for April

May 12, 2018 Market Trend

Sat, 12 May 2018 | Public News

Denver Metro Real Estate Market Overview for April

The biggest problem that the Denver metro real estate market has had is the lack of homes for sale. That improved a lot in April. There was a 12.0% increase in "Active" homes for sale in Apr...

May 12, 2018 Real Estate

Sat, 12 May 2018 | Public News

Open House Etiquette

Picture from REcolorado blog Do's - Greet the Agent - to let him/her know you are there Don'ts - Ring the doorbell or knock - if the agent is talking to other customers, they may not be ...

May 6, 2018 Market Trend

Sun, 06 May 2018 | Public News

Win a Bidding War for Your Next Home

Picture from www.Interest.com In our current market, there are many buyers competing for a few homes for sale. Here's some tips from www.Interest.com on how to win the bidding war for your...

Apr 28, 2018 Real Estate

Sat, 28 April 2018 | Public News

10 Questions to Ask Your Future Realtor

Picture from Realtor.comYour realtor helps you navigate thru probably the biggest purchase in your life. Here's 10 questions that will help you find the realtor that's right for you. 1) ...

Freddie Mac expanding 3% down payment program

Apr 28, 2018 Real Estate

Sat, 28 April 2018 | Public News

Freddie Mac expanding 3% down payment program

One of the biggest obstacles for homebuyers is coming up with the down payment. Freddie Mac is expanding their 3% down payment program to remove geographic or income restrictions. That will allow ...

Apr 21, 2018 Real Estate

Sat, 21 April 2018 | Public News

Put Your Tax Refund Into Your Home

Picture from cohomeblog.recolorado.com Here are three ways you can put your tax refund into your home. 1) If you're a buyer, use your tax refund to increase the money you're saving for...

Apr 14, 2018 Real Estate

Sat, 14 April 2018 | Public News

How to Get Over the Home that Got Away

In this competitive seller's market, buyers find themselves frequently bidding against other buyers. But only 1 person can win the bid. If you're one that didn't win the bid, how can you...

Apr 8, 2018 Real Estate

Sun, 08 April 2018 | Public News

5 Tips for Choosing a Mortgage Lender

Picture from REcolorado blog How do you decide which mortgage lender is the best one for your needs? REcolorado has 5 Tips for Choosing a Lender: 1) Shop Lenders - be sure to talk to more than ...

Mar 31, 2018 Real Estate

Sat, 31 March 2018 | Public News

Considering a New Construction Home?

Picture from REcolorado.com Are you thinking about exploring the option of a new build home? The idea of a brand new home, that has never been lived in before, can be an appealing thought. ...

Mar 31, 2018 Real Estate

Sat, 31 March 2018 | Public News

Tips for Buying a New Construction Home

Picture from REcolorado In order to get the guidance and help from a realtor that represents you in choosing new construction, be sure to get your realtor involved early. Instead of negotiat...

How to Increase your home value by choosing the best neighborhood

Mar 25, 2018 Real Estate

Sun, 25 March 2018 | Public News

How to Increase your home value by choosing the best neighborhood

There are so many factors to take into consideration in choosing a neighborhood. Three strategies for choosing the best neighborhood: 1) Go where the rich are; 2) Buy close to Starbucks; 3) Buy in th...

Browsing for Homes online - what you should know

Mar 18, 2018 Real Estate

Sun, 18 March 2018 | Public News

Browsing for Homes online - what you should know

It's so much fun to search online for your perfect home. You can find out a lot of information online. But browser beware! The property site you're using doesn't always stay up to dat...

Neighborhood with HOA? Or Neighborhood without HOA

Mar 18, 2018 Real Estate

Sun, 18 March 2018 | Public News

Neighborhood with HOA? Or Neighborhood without HOA

Picture from Realtor.com Some buyers absolutely don't want to live in an HOA community; some request neighborhoods with HOAs. Why the difference. There are pros and cons to HOAs - like ever...

Denver Metro Market Overview for February

Mar 11, 2018 Real Estate

Sun, 11 March 2018 | Public News

Denver Metro Market Overview for February

The biggest problem that the Denver metro area has had in the real estate arena is the lack of homes for sale. In February we saw a welcome increase in homes for sale. February 2018 had 6,169 Active...

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