According to realtor.com, 60% of single millennials indicate that homeownership makes you more attractive to a potential mate. Many people take homeownership as a sign of financial stability which is attractive and important to 24% of singles responding to their survey. Read more details here Whenever you are ready, here’s some ways that I can… [Read More]
Feds keeping mortgage interest rates low
Mortgage rates are at unbelievable low rates. The Feds are hoping to encourage the housing recovery by keeping interest rates low. “Rates on 30-year fixed-rate mortgages averaged 4.09 percent with an average 0.7 point for the week ending Sept. 22, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey.” If… [Read More]
Denver Area Housing Market has lack of compelling inventory
This Denverpost article (below) confirms what I have been observing: The number of homes/condos on the market has decreased drastically – I remember not too many years ago when the inventory was in the 30,000+ numbers. But last month (August, 2011) there were 18,164 homes and condos listed for sale in metro Denver area. Normally… [Read More]