Attom Data Solutions reports that home sellers see a 31 percent return on their investment when they sold the 1st quarter of 2019. The average price gain was $56,733. Three of the top 10 Markets with Home Prices Furthest Above Pre-Recession Peaks are in Colorado: 1) Greeley at 79% price increase above pre-recession peaks; 2)… [Read More]
Housing Market Cools Off – Fewer Bidding Wars
We are seeing the housing market cool off which is creating fewer bidding wars. According to Redfin, the first three weeks of March saw only 16% of homes for sale were seeing a bidding war. Redfin says last year we were seeing 60% of all homes for sale experiencing a bidding war. Read more details… [Read More]
Buying a Home This Spring?
March is the start of the buying and selling season in Colorado. So if you’re Buying a Home this Spring, here’s some tips that may save you money and time. 1) Talk to a lender and get pre-approved for a mortgage. 2) Determine the working relationship with your realtor 3) Understanding the real estate contract… [Read More]
If You’re Looking for Love, Homeownership helps
According to realtor.com, 60% of single millennials indicate that homeownership makes you more attractive to a potential mate. Many people take homeownership as a sign of financial stability which is attractive and important to 24% of singles responding to their survey. Read more details here Whenever you are ready, here’s some ways that I can… [Read More]
Rising Home Inventories in Denver Metro Area Help Buyers
Rising Home Inventories in Denver Metro Area and lower interest rates should help home buyers in 2019. Realtor Magazine predicts better days are coming for home buyers in 2019. One of the biggest problems for buyers the last couple years is lack of homes (inventory) on the market to choose from and too much competition… [Read More]
Can Wealth Be Built with Real Estate
Many people wonder after the big real estate crash, Can Wealth Be Built with Real Estate? There are numerous reasons that wealth can be built with real estate. Besides appreciation that most other asset classes have, real estate can have: -cash flow -depreciation -leverage -loan pay down -sweat equity -inflation Click here to read the… [Read More]