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]
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]
Real Estate ABC’s A-K
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 difference between a backup offer? and a Contingent Offer? What does LTV mean? What is an REO home?… [Read More]