In Denver, we’re in a strange period when it’s good news for Sellers AND Buyers. The amount of homes for sale has increased which makes the market better for buyers. When sellers have more homes competing with their home, prices normally drop. But what is happening here in Denver is the prices are softening –… [Read More]
Think You’re Ready to Buy a Home?
Are you Ready to Buy a Home? Such a big decision to make. How do you know if you’re ready to buy a home? Here’s some things to think about before you make a decision: Do you know how much you can afford? Do you have a down payment? Will you have money left over… [Read More]
You Don’t Need 20 Percent Down Payment
Many buyers think they need a 20 percent down payment to buy a home. Not true. 77% of first time homebuyers in 2018 used a mortgage with less than a 20 percent down payment. Some of the most popular mortgages require between 3.5-5.0% down payment. Some of those are FHA, Freddie Mac and Fannie Mae… [Read More]
Buyers Biggest Challenge This Spring Is Their….
According to a study from Realtor.com, Buyers budgets are Buyers biggest challenge this spring. The inventory of homes for sale on the market has improved a lot from the last several years. That means that a buyer will have less competition from other buyers because there are more homes to choose from. Interest rates also… [Read More]
Denver Metro Real Estate Market Overview for February
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 buyers! That means buyers have more homes to choose from and sellers are having to price their homes conservatively… [Read More]
The Decision to Own or Rent
The Decision to Own or Rent involves so many variables. Here’s some pros and cons of buying or renting a home in Colorado Advantages of buying a home: Building equity over time Tax benefits Creative freedom Putting down roots Costs associated with buying a home: Earnest money down payment appraisal/inspection fees property taxes insurance closing… [Read More]
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