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Uncategorized Buyers are back – February 2024 Metro Denver Market Update New listings, pending sales, and average days on market all increased month-over-month. Active listings and closed sales both decreased month-over-month as the majority of sales closed in January went under contract in December and many new buyers entered the market in January. January’s vital statistics for all homes – detached single family (DSF) and attached […]
Uncategorized Don’t Wait Until Spring To Sell Your House As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you don’t actually need to wait until spring to sell. Here’s why. 1. Take Advantage of Lower Mortgage Rates Last October, the 30-year […]
Uncategorized Ways Your Home Equity Can Help You Reach Your Goals If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s equity is the difference between how much your home is […]
Uncategorized Interest rates drop – January 2024 Metro Denver Market Update Active inventory, new listings and Pending sales all decreased month-over-month. Average days on market increased significantly month-over-month, and closed sales decreased showing that the market continued to slow throughout December. December’s vital statistics for all homes – detached single family (DSF) and attached single family (ASF) combined – included:   The average price for homes […]
Real Estate News, Tips, & Tricks The Perfect Home Could Be the One You Perfect After Buying There’s no denying mortgage rates and home prices are higher now than they were last year and that’s impacting what you can afford. At the same time, there are still fewer homes available for sale than the norm. These are two of the biggest hurdles buyers are facing today. But there are ways to overcome […]
Uncategorized The Perks of Selling Your House When Inventory Is Low When it comes to selling your house, you’re probably trying to juggle the current market conditions and your own needs as you plan your move. One thing that may be working in your favor is how few homes there are for sale right now. Here’s what you need to know about the current inventory situation and […]
Uncategorized Why Home Prices Keep Going Up If you’ve ever dreamed of buying your own place, or selling your current house to upgrade, you’re no stranger to the rollercoaster of emotions changing home prices can stir up. It’s a tale of financial goals, doubts, and a dash of anxiety that many have been through. But if you put off moving because you’re […]
Uncategorized How Buying a Multi-Generational Home Helps with Affordability Today In today’s world of rising housing costs, many buyers are looking for ways to still be able to buy a home. Some of them have found a solution in multi-generational living. Multi-generational living is when two or more adult generations live together under one roof. This includes siblings, parents, or even grandparents. Here’s an in-depth […]
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Uncategorized How Inflation Affects the Housing Market Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two. The Relationship Between Housing Inflation and Overall Inflation Shelter inflation is the measure of price growth specific to housing. It comes […]
Uncategorized Homebuyers Are Getting Used to the New Normal Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal. To better understand what’s been happening with mortgage rates lately, the graph below […]
Uncategorized The Benefits of Downsizing for Homeowners Downsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it’s also a way to reduce costs.
Uncategorized The True Cost of Selling Your House on Your Own Selling your house is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently considering selling your house on your own, here’s what you should know. The […]
Uncategorized Your Needs Matter More Than Today’s Mortgage Rates If you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not lose sight of the reason you want to make a change in the first […]
Uncategorized Kitchen – The Heart of Home What magical, gravitational pull does the kitchen hold over us all? It’s a combination of things that we’re unconsciously and instinctively attracted to – comfort, familiarity and fond memories. No matter the time of day, the event du jour or the number of guests who grace your doorstep, most often you’ll find friends and family […]
Uncategorized Inventory Remains Low – June 2023 Metro Denver Market Update Pending sales, new listings, and closed sales all increased month-over-month. However, active inventory still remains low when compared to this time last year. Average days on market decreased month-over-month, showcasing that buyer demand remains strong. May’s vital statistics for all homes – detached single family (DSF) and attached single family (ASF) combined – included:   […]
Lifestyle Summer Safety Tips for Outdoor Play When school lets out for the summer, kids will be heading outside more often to climb and swing on the playset, run around in the yard and splash in the pool. But regardless of the outdoor activity, make sure they always use sunscreen and stay hydrated. Of course, while summer is a great time for backyard […]
Uncategorized The Benefits of Selling Now, According to Experts If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale. And, with so few homes on the market, buyers will […]
Uncategorized What’s the Difference Between a Home Inspection and an Appraisal? If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step in the process from an appraisal, which is a professional evaluation of the market value of the home you’d like to buy. […]
Real Estate News, Tips, & Tricks A Smaller Home Could Be Your Best Option Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says: “As we see the transition […]
Uncategorized Lakewood is part of the 10 most exciting suburbs near Denver “Lakewood is, among other things, huge. Spanning just west of the core of Denver right up to the base of the Front Range, it’s a huge area that’s primarily residential but with a few key draws. There’s the Belmar shopping district with its regular rotation of shops, plus the outdoor adventure of Bear Creek Lake Park. And […]