As you buy a home, saving for a down payment is likely to be top of mind. But you may still have questions about the process, including how much to save and where to start. If that sounds like you, your down payment could be more within reach than you initially thought. Here’s why. The… [Read More]
Market Trends Report | OCT. ’22📺
As the Denver real estate market continues to evolve and change with the weather, the question on everyone’s mind is whether or not we are in a buyer’s market. Traditionally, a market with less than three months of inventory is considered a seller’s market. In direct relation to that, a market with more than six… [Read More]
Prep Your House for Sale This Fall
Today’s housing market is different from just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently. The answer is simple. Taking the time upfront to prep your home appropriately and create a solid plan can help bring in the greatest return on your investment…. [Read More]
SEP/OCT 2022 NEWSLETTER 🎙️
Park City, Utah — a mansion fit for a Bond villain, or maybe Bond himself, is being constructed. While many of us were busy deciding whether or not to put on pants for our Zoom meetings (or months off) during the shutdown, Matt Alcone of Alcone Ventures bought some land for this surreal project. Based on the James Bond movie Spectre, this… [Read More]
Is the Real Estate Market Slowing Down?
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things slowing down, or is a crash coming? To answer… [Read More]
Market Trends Report | SEP. ’22📺
All major statistical categories point towards the market slowing down. Days in the MLS went up 120 percent since last year at this time, and the close-price-to-list-price ratio dropped below 100 percent for the first time since July 2020 to 99.41 percent. Meanwhile, the median sales price decreased 2.54 percent from the previous month. “While… [Read More]
AUG/SEP 2022 NEWSLETTER 🎙️
TO MOAT, OR NOT TO MOAT? IS THAT EVEN A QUESTION?! While most of us “normal people” are busy deciding what color to paint a room, uber-wealthy architects have some tough choices regarding the design of their luxury estates. In this month’s example, this guy must have thought, “If I’m going to build a castle,… [Read More]
The U.S. Homeownership Rate Is Growing
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they own, and the percentage… [Read More]
Market Trends Report | AUG. ’22📺
The data confirms that the Denver Metro area is no longer in a shifting market. Instead, it has shifted, and the real estate market is more balanced. Month-over-month, the market is down 3.33 percent but compared to last year, it is still up 11.04 percent, indicating that a more balanced market, combined with slightly decreasing… [Read More]
Should You Buy a Home with Inflation?🤔
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still rising. You are undoubtedly feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I still buy a home right now? Greg McBride, Chief Financial… [Read More]