Mortgage rates continue to drop after the Feds announced this week that they were not planning on raising interest rates the rest of the year. This is the biggest weekly drop in the last decade. They are in the very low 4.0’s and some types of mortgages are hitting in the 3.0’s. Because of the… [Read More]
The Real Winners are Prospective Home Buyers
Redfin reports that lackluster home price growth eases housing market competition and prospective home buyers are the real winners. They report that in February home sales increased only .6% from the prior year. That makes the smallest annual increase since March 2012. Redfin also discovered that U.S. home sale prices fell in 10 of the… [Read More]
How Couples Can Agree When Home Shopping
People have so many different things they look for in a home. It’s easy to disagree on just the right home. But this is how couples can agree when home shopping. 1)Make a list and find a compromise. 2)Determine the ideal house size. 3)Drive around the neighborhood together If you take all the tips in… [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]
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]
Agents Make Home Buying Simpler
Agents Make Home Buying Simpler. Some people think that their realtor just helps them find the right home. But now days, buyers frequently find the homes that interest them the most. Then the real work starts. Much of a real estate agent’s work happens behind the scenes. They take care of important steps to make… [Read More]