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]
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]
What 2019 Real Estate Trends to Expect
Here are 2019 Real Estate Trends to Expect: 1. Wanted: More homes for sale 2. Home prices will keep going up 3. Mortgage rates will continue rising 4. Affordability still a concern 5. New homes get smaller 6. First-time buyers dominate 7. Lending standards ease a little 8. More borrowers choose ARM’s (Adjustable Rate Mortgages)… [Read More]
Colorado Home Ownership Benefits
There are so many Benefits of Home Ownership. Have you ever heard people complaining about the renters in the neighborhood? It seems like the renters let their home and yard deteriorate. They are missing the “Pride of Ownership”. The social benefits of owning a home are: – Greater success in education – positive impact on… [Read More]