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ATTOM Data Solutions just came out with its detailed 2021 U.S. Home Affordability Report, which includes information about affordability in the Denver metro area. In all the Colorado counties covered by the study, homes are less affordable now than they have been in the past few years. Let’s look at just two of those counties – […]
Front Range Real Estate Market Update, January 20, 2022 Read More »
If you’ve bought or sold a home, you know all about comparable properties; often just called “comps .” Comps are properties that have sold recently and are similar in size, location, age, features, and condition. We use comps to determine the ideal asking price for a home we’re marketing. When we represent buyers, we look
Front Range Real Estate Market Update, September 30, 2021 Read More »
REALTOR.com reports: The best time to purchase a home will be the first full week of October, according to a recent Realtor.com® report. Experts are predicting an additional 100,000 sorely needed homes could go on the market in the week of Oct. 3–9. And these properties could be cheaper than they were over the summer,
When’s the best time of the year in 2021 to buy a home? Read More »
8601 Cedar Lane Westminster, CO 80031 3 Bedrooms | 2 Bathrooms | 1,460 Sq Ft $435,000 This gorgeous home in Shaw Heights features amazing outdoor spaces, an updated kitchen and updated bathrooms and three bedrooms. Click to see photos, take a virtual tour and get all the details about this home. Call 720-782-2468 to schedule
Just Listed – 8601 Cedar Lane, Westminster, CO 80301 Read More »
MSNBC reports: Forty-eight percent of renters worry they won’t be able to buy a home during their lifetimes, according to a new Lending Tree survey. That concern is largest among renters in Generation X (41 to 55 years old) and millennials (25 to 40 years old). To that point, 55% of Gen X renters
48% of renters worry they won’t ever be able to buy a home Read More »
Real estate agents are uniquely positioned to guide home buyers through the purchasing process, but mortgage lenders are working hard to become the first point of contact when people go to buy a home. Consumers usually approach real estate agents first, who help guide them to other professionals who can help, including mortgage lenders, title
Lenders work to become first point of contact in real estate transactions Read More »
Over the past 25 years, nationwide home prices have appreciated about 3.8% per year. During the past year, the average price for a home is up 9.6% in Metro Denver. Nationally, homes appreciated at 9.5%, according to the CoreLogic Case-Shiller U.S. National Home Price Index. When people see numbers like that, the natural inclination is to
Front Range Real Estate Market Update, February 18, 2021 Read More »
People are wondering what impact the new president will have on real estate. We can’t predict the future, but we do know quite a bit about President Biden’s plans. In general, the administration hopes to make owning a home more affordable. One way they hope to accomplish this is by implementing a first-time homebuyer tax credit.
How will the new administration affect real estate and housing? Read More »
We’re still in a period with high demand for homes, low mortgage rates and low inventory. Multiple offers are common. We expect this to continue throughout at least the first quarter. More new construction and more sellers entering the market will help take some pressure off buyers and make for a more balanced market. With competition so
How to Pay Cash When You Purchase a Home in Metro Denver Read More »
We ended 2020 with a record-low number of homes on the market – just 2,541. The average number of homes for sale at the end of December is 12,941. With such low inventory, the market strongly favors sellers. The average closed price was up 5.44% compared to 2019. Despite the pandemic-induced stand-still in the market during
Front Range Real Estate Market Update, 1/7/2021 Read More »
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