This could be a good time to buy a new home. Housing Wire is reporting that sales for new homes decreased drastically at the end of 2018. Construction financing can be very expensive. So if builders can’t sell their homes, they could be very motivated to lower their prices and give extra perks in order… [Read More]
Archives for January 2019
Mortgage Questions and Answers
Some of the Frequently Asked Mortgage Questions and Answers Mortgage Questions should be some of your first questions when you start thinking about buying a home. There are so many mortgage questions because there are so many different options to choose from: different loan products, different mortgage companies, different loan officers, different interest rates, unfamiliar… [Read More]
Is Denver One of the Nations Most Competitive Housing Markets?
Not only is Denver in the Nations Most Competitive Housing Markets list, but it is #1 in the list of the Nations Most Competitive Housing Markets. Most Americans do not have enough cash to buy a home outright – without a mortgage. So for Lending Tree to determine the nations most competitive housing markets, they… [Read More]
Get a Sewer Scope Even on a New Built Home
When buying a new built home, some buyers skip the professional home inspector and the sewer scope. My experience this week proves why it’s important to get a sewer scope even on a new built home. My buyer was wondering if having a sewer scope on his new built home was necessary – after all,… [Read More]
Denver Metro Real Estate Market Overview for December
In this December Denver Metro Real Estate Market Overview we continue to see an increase in homes for sale (8,482) over the same month the prior year. There is actually more than a 40% increase in the homes for sale from Dec. 2017. That’s a huge increase! That means buyers have more homes to choose… [Read More]
Mortgage Rates Take a Dip
Early 2019 brings a breather for buyers as Mortgage Rates Take a Dip. With constantly increasing home prices plus increasing mortgage rates, buyers were being priced out of the market. But there’s a little window here with mortgage interest rates dropping below 4.5%. Experts expect interest rates to hit at least 5% by the end… [Read More]