At this time of year, many families come together to celebrate the season. It’s also the time when many realize their homes are just not quite big enough to host all of their guests and loved ones. Are you one of those homeowners dreaming for a larger space to call home? Is a Bigger House… [Read More]
5 Good Reasons to Own Instead of Rent
There are many good reasons to own a home. Here are 5 good reasons to own a home instead of renting. 1. Housing is typically the one leveraged investment available 2. You’re paying for housing whether you own or rent 3. Owning is usually a form of “forced savings” 4. Owning is a hedge against… [Read More]
Home Buyers Beware of Wire Scams
Home Buyers Beware of Wire Scams The most recent scam is targeting home buyers – stealing the home buyers’ down payment. Imagine wiring your down payment to the title company for your closing only to find out that a crook sent you wiring instructions to their account instead of the title company’s account. The crooks… [Read More]
Buyers Should Ignore These Pieces of Outdated Real Estate Advice
Once you start thinking about buying a home, numerous friends and family will give you advice. But are they talking about the current real estate market? Or is it outdated real estate advice from the market years ago? Some of the common pieces of outdated real estate advice are: – Wait for Spring – This… [Read More]
Denver Homes Selling Above Asking Price has Decreased
The number of Denver Homes Selling Above Asking Price Has Decreased. That’s good news for buyers. The inventory of homes for sale has been increasing over the prior year, so buyers are having more choices and fewer bidding wars. The lack of homes to choose from was driving the selling price up. Because there are… [Read More]
Freddie Mac Economist Prediction for Interest Rates
Buyers can breathe a sigh of relief – Freddie Mac economist prediction for Interest Rates the next 2 years is to remain under 5% – a revision to earlier forecast that interest rates would increase to over 5.0%. Many sellers have had to reduce the asking price on their homes because of increased competition –… [Read More]