If you’re trying to decide whether to rent or buy a home, you’re probably weighing several factors. Of course, the financial benefits of homeownership might be one of the reasons you want to purchase if you’re a renter, but the decision can also be motivated by having a place that’s uniquely your own. If you… [Read More]
More Homes Coming to the Market 🏡
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s large because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed this yourself. But there is good news. Recent… [Read More]
Today’s Mortgage Rates 💰
If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase. So, when rates rise, so… [Read More]
Tips for First-Time Homebuyers 👌
Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing market today, how much you need to save, and where to… [Read More]
Market Trends Report | MAY. ’22📺
While inventory is on the rise, so are prices. The average price of a single-family detached home in Denver Metro is $825,073, representing a 3.93 percent increase from last month. With consecutive months of increased fees and interest rates, a buyer’s monthly mortgage has also increased. The average close-price-to-list-price ratio in April for the detached… [Read More]
Protect Your House from Inflation 🏠
If you’re following the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can pinch your wallet and make you re-evaluate any big purchases you have planned to ensure they’re still worthwhile. If… [Read More]
Is It Enough To Offer Asking Price? 🤔
If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to get the home still. The buyer and seller would then… [Read More]
Rising Mortgage Rates as a Buyer💸
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is timing has never been more critical. Even though you may be tempted to put your plans on hold in hopes that rates… [Read More]
Is It Time To Buy a Smaller Home? 🏡
Life events can significantly impact what you need from your home, and retirement is one of the most significant changes many of us face. This period of your life can mean doing more things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies. But what does that mean for your home?… [Read More]
Use Your Tax Refund as a Homeowner 🏡
You’re likely saving upon various expenses if you’re buying or selling a home this year. That might include things like your down payment and closing costs for buyers. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to spruce up your house before you list it. Either way, any… [Read More]