Highlights: Homes are taking longer to sell, but sellers are willing to wait a little longer to get close to their listing price. "Move up" buyers are on the rise. As most Denver metro homeowners are equity rich, they are cashing in their equity to pay off credit card debt, student loans and/or car loans and are still … [Read more...]
Citi.com Interviewed Me: Fixer Upper vs Move-In Ready for Homebuyers
I feel honored to have been chosen as the Realtor interviewed for this national Citi.com "Fixer Upper vs. Move-In Ready" article aimed at helping homebuyers. There is some good info here, check it out... If you're considering fixing up to sell, or buying a fixer upper or move-in ready home... give me a call to discuss. I'm … [Read more...]
Understanding How the Economy Works
Buying a house is a major life purchase and, given the significance of this purchase, just the idea of buying a house may generate many questions and some anxiety. One factor you may consider when buying a house is the economy and and how it affects your future. While no one can predict the future, understanding more about how … [Read more...]
Home Buyers AND Sellers Will Both Do Well in 2019
Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming! NerdWallet’s 2018 Home Buyer Report revealed … [Read more...]
Self-Made Millionaire Tells Millennials to Buy a Home and Not Rent
In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went on to explain: “Homeowners are worth 40 … [Read more...]
Where Americans Moved To and From in 2018 [INFOGRAPHIC]
Some Highlights: Every year United Van Lines conducts their National Movers Study by tracking their customer’s movement state-to-state over the course of the year. Vermont claimed the top spot of states with the highest percentage of inbound residents following a campaign that covered relocation costs for skilled workers … [Read more...]
For Couples, It’s First Comes Love… Then Comes Mortgage?
According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2018 at 54% of all buyers. It is no surprise that buying a home is more attainable with two incomes to save for down payments and contribute to monthly … [Read more...]
Wow, Homeownership Really Does Impact Your Long-Term Finances
Study after study shows that no matter what generation Americans belong to, the vast majority believe that homeownership is an important part of their American Dream. The benefits of homeownership can be broken into two main categories: financial and non-financial (often referred to as emotional or social reasons.) For … [Read more...]
Listing Your Home for the Best Price
If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the course of 2018. The map below shows the results of the latest index by state. Real estate is local. … [Read more...]
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