The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. Unfortunately, its information on home prices may confuse and even generate troubling headlines. This stems from NAR reporting the median sales price, while other home price indices report repeats sales prices. The vast majority of the repeat sales indices show prices are starting to… [Read More]
Property Taxes on the Rise? Here is What You Need to Know
As a homeowner in Denver, you should have received your tax assessment in the mail, and the new actual value of your home may mean an increase in your property taxes. Here are the steps you can take to address your new tax rate: Step 1: Get your Notice of Valuation. This should have been… [Read More]
Time to Move? Outgrowing Your Home
Owning a home means having a place solely your own and providing the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to move. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of… [Read More]
Sell Your House with the Right Price
The housing market has undergone significant changes in the past year. Although it remains a sellers’ market, homes priced appropriately are attracting the most attention from buyers. Therefore, if you’re planning to sell your house this spring, it’s crucial to consult your real estate advisor to determine the right listing price. According to Realtor.com, this… [Read More]
Homebuyer Activity Warms Up for Spring
The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for sellers. Realtor.com has the latest: “Spring is officially here, and like green shoots emerging from the bleak winter, new data suggests that more buyers are back in the… [Read More]
Sellers’ Market: What Does It Mean?
Although the slowdown in housing market activity from the frenzy witnessed over a year ago, the low current supply of homes for sale continues to favor sellers, creating a sellers’ market. But what does this mean, and why is listing your house in such conditions beneficial? The critical factor behind the current sellers’ market is… [Read More]
MAR 2023/APR 2023 NEWSLETTER
The Denver Business Journal recently shared an exciting story about a luxurious property in Denver. This stunning mid-century modern mansion is located in Greenwood Village, just up the street from our office, and it’s making a comeback. However, it’s important to note that it comes with a hefty price tag of $13 million! Designed by… [Read More]
Best Time To List Your House Is Near
If you’re considering selling this spring, it’s time to get moving – the best week to list your house is fast approaching. Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year: “Home sellers… [Read More]
The Role of Access in Selling Your House
Once you’ve decided to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers. So naturally, your answer matters more now than it did in recent years. Here’s why. At the height of the buying frenzy seen during the pandemic, there was… [Read More]
Understanding Home Equity
Recent years have seen significant growth in home equity, even though the pace of home price appreciation has slowed. Homeowners have seen a boost in their net worth due to rising home prices, which is expected to continue. The Homeowner Equity Insights report from CoreLogic indicates that the average homeowner’s equity has grown by $34,300… [Read More]