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Uncategorized Seller Strategies in 2023: Patience, Preparation, and Pricing The Denver real estate market is never static. We have already seen that to be true with the market starting to shift again, just six weeks into the new year. Given that the market is ever-changing, what strategies should sellers use to be successful in this market? The answer points to patience, preparation, and pricing.  […]
Uncategorized New Year, New Market? We’re at the start of the new year, and many people are curious about how the Denver real estate market will play out in 2023. Let’s take a look at Metrolist statistics related to Inventory, Closed Price/List Price Ratios and Days on Market to evaluate the current market.   Inventory   We ended December 2022 […]
Uncategorized Today’s Housing Market is Not Going to be a Repeat of 2008 Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the […]
Uncategorized The 2-1 Buydown: Worth the Hype? By now you’ve heard that interest rates have hit over 7%, the real estate market has softened, and buyers and sellers are shifting their strategies in order to be successful. One of those emerging shifts includes a loan program known as the 2-1 Buydown. What exactly is a 2-1 Buydown and how does it work? […]
Uncategorized Housing Experts Say This Isn’t a Bubble With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To really understand what’s happening with real estate today, it’s important to lean on the experts for reliable information. Here’s why economists and industry experts say the housing market is not a bubble ready to pop. […]
Uncategorized Interest Rates, the Stock Market, and Real Estate   Interest Rates, the Stock Market, and the Real Estate Market…Oh My! By Renee Cohen June 16, 2022   I spoke with a lender yesterday who mentioned that interest rates, at that particular moment, were at 5.875% for a 30-year fixed mortgage. I told that lender that we haven’t seen rates that high since my […]
Uncategorized Do Rising Rates Affect Home Value? As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home prices seems to confirm that trend. According to data from CoreLogic, home price appreciation has […]
Uncategorized Considering a Move this Spring? If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To help answer both of those questions, let’s turn to the data. Today, there are […]
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Uncategorized Balancing Your Wants and Needs as a Buyer Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs. Danielle Hale, Chief Economist for realtor.com, explains it […]
Uncategorized The Key to Building Wealth is Real Estate The link between financial security and homeownership is especially important today as inflation rises.  But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says: “Homeownership is rewarding in so many ways and can serve as a vital component in […]
Uncategorized Tech Companies and Their Impact on Colorado’s Housing Market Tech Companies and Their Impact on the Denver Real Estate Market By Renee Cohen   We know that tech companies like Denver for many reasons including the tech-ecosystem, venture capital, business-friendly resources and the collaborative culture, the highly educated and diverse talent pool, our infrastructure and access to public transportation and airports, and the lower […]
Uncategorized The Love Affair Between Tech Companies and Denver By Renee Cohen   Denver seems to be a city that is highly attractive to technology companies and that has been the case for quite some time. However, more and more companies have established a presence in The Mile High City, and in the Denver Tech Center specifically, in the past few years. Why is […]
Uncategorized Consumers Agree, It’s a Good Time to Sell   In today’s sellers’ market, many homeowners are weighing their options and trying to decide if they should sell their house. If you’re in that group, you may be balancing things like the ongoing health crisis, rising mortgage rates, and your own changing needs to determine your best time to make a move. However, recent […]
Uncategorized New Year, Same Story The news is out about the inventory levels in the Denver real estate market, and while it’s not the news we’ve been hoping for, it’s news that comes as a surprise to no one.   We started 2022 with 2380 properties – 1722 single-family homes and 658 multi-family homes – on the market in the […]
Uncategorized Contemplating Selling? Now is the Time to Move If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for the item coupled with a limited supply. That maximizes your leverage when you’re negotiating the sale. Home sellers are in that exact situation right now. Here’s why. Demand Is Very Strong […]
Uncategorized 2021 Home Equity Gain = $56,700 When you think of homeownership, what’s the first thing that comes to mind? Chances are you might focus on the non-financial benefits, like the security or stability a home provides. But what about equity? While it can be overlooked, a homeowner’s equity helps build long-term wealth over time. Here’s a look at what equity is […]
Uncategorized 2022 Home Price Forecast Many people have questions about home prices right now.   How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year?     Here’s a look at the answers to all three of these questions. How much have home values appreciated over the last […]
Uncategorized Understanding the Rise in Interest Rates Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last month, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3% and as you can see in the chart […]
Uncategorized Helping Veterans Achieve Their Goals The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program: “The objective of the VA Home Loan Guaranty program is to help eligible Veterans, active-duty personnel, surviving spouses, and members of […]
Uncategorized What’s Going on in the Luxury Market? It’s no surprise the real estate market continues to perform well across all market segments. Days on Market are still low, inventory remains scarce while pricing remains strong although cooling slightly. Is that the case in the luxury market as well? Let’s delve deeper into the current luxury market by evaluating three metrics: active inventory […]

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