The August Denver Metro Real Estate Market Update and market final figures for July shows listings DOWN 35.8% (8,474) from July 2019. This lack of homes for sale (inventory of homes) is creating bidding wars again. Buyers put 10,155 homes Under Contract – a 22.8% increase from July 2019. So last month buyers put more… [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]
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]
Is Your Loan one that may face Foreclosure Review?
You have probably been hearing about some lenders not having all the necessary paperwork to justify them foreclosing on your mortgage loan. Well now federal regulators have mandated that banks review your paperwork if you request it. You must have been involved in the process during 2009 or 2010. More details below….. Daily Real Estate… [Read More]