Real Estate News, Tips, & Tricks The Truth About Negative Home Equity Headlines Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity  But don’t let those headlines scare you. In truth, the headlines don’t give you all the information you really need to understand what’s happening […]
Real Estate News, Tips, & Tricks Avoid the Rental Trap in 2023 If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward. In the past year, both current […]
Market Updates End of December 2022 Real Estate Market Update Market Ends the Year More Balanced – January 2023 Metro Denver Market Update   A drop in buyer demand entering the holiday season and sellers still pricing homes too high resulted in a jump in the average number of days homes remained on the market. Since May 2022, when home prices in the Denver Metro […]
Real Estate News, Tips, & Tricks Confused About What’s Going on in the Housing Market? Lean on a Professional. If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points […]
Real Estate News, Tips, & Tricks Retirement May Be Changing What You Need in a Home The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom: “At least 1.7 million more older workers than expected […]
Real Estate News, Tips, & Tricks What To Expect From the Housing Market in 2023 The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before in a calendar year. […]
Market Updates November 2022 Real Estate Market Update Market Cools but Prices Still up From a Year Ago – November 2022 Metro Denver Market Update The drop in inventory from the previous month follows the typical slowdown at the end of the year as people wait until after the holidays to list their homes. Although prices were up year-over-year, homes are sitting on […]
Real Estate News, Tips, & Tricks Prioritizing Your Wants and Needs as a Homebuyer in Today’s Market There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs to borrow money for your home loan. As you set out to make a purchase this […]
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Real Estate News, Tips, & Tricks 3 Ways You Can Use Your Home Equity If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home Equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a home loan has almost $300,000 in equity right […]
Real Estate News, Tips, & Tricks Mortgage Rates Will Come Down, It’s Just a Matter of Time. This past year, rising mortgage rates have slowed the red-hot housing market. Over the past none months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power […]
Real Estate News, Tips, & Tricks Top Questions About Selling Your Home This Winter   There’s no denying the housing market is undergoing a shift this season, and that may leave you with some questions about whether it still makes sense to sell your house. Here are three of the top questions you may be asking – and the data that helps answer them – so you can make a […]
Market Updates October 2022 Real Estate Market Update Denver’s Housing Market Evolves Active inventory at the end of October was down slightly compared to September, and although it is up 116% compared to a year ago, it is still below the pre-pandemic active inventory of 8,600 listings at this time in 2019. The average number of days on the market continue to rise […]
Real Estate News, Tips, & Tricks Sell Your House Before the Holidays   As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your […]
Real Estate News, Tips, & Tricks 3 Trends That Are Good News for Today’s Homebuyers While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that […]
Uncategorized Out-of-the-Box Spare Room Ideas Have an extra room that’s just taking up space? Lucky you! Put your creativity to work and transform it into the “play” place you’ve always wanted. Here are just a few suggestions for using that unused area. Rock Out Let the rock-n-roll in you rip loose in a room designed to be your very own […]
Market Updates September 2022 Market Update Statistics Move Toward a More Balanced Market Continues For more than 16 years, the Denver area has been a sellers’ market, which is typically defined as having less than three months of inventory. Inventory across all segments has increased in recent months with some segments near three months of inventory, indicating that we continue to shift […]
Uncategorized Home Renovations That Offer the Best ROI for Resale Looking to make some upgrades and wondering which will have the biggest pay off? If you guessed kitchen and bathrooms, you’re spot on. Another good one is landscaping. Whether they’re big or small, a few upgrades can pay big dividends when it’s time to sell your home. Follow these tips to prioritize and put more […]
Uncategorized Insider Tips to Buying a Home in Today’s Market It’s always hard to predict the future, especially with the housing market. But one thing is for sure – real estate remains a sound investment. If you’re looking for your dream home, here are some tips to help set you up for success and guide you through this buying season. Assess Your Financial Health Before […]
Real Estate News, Tips, & Tricks Halloween Home Safety Tips With over half of U.S. households celebrating* Halloween and 66 percent of them planning to participate in trick-or-treating, make sure kids are safe and sound when coming to your door. Here are some tips to make sure this Halloween isn’t physically frightful at your home. Keep a Clutter-Free Haunted House Homeowners should remove anything a […]
Real Estate News, Tips, & Tricks August 2022 Market Update Statistics