Some Highlights: Learning the lingo of homebuying is an important part of feeling successful when buying a home. From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear … [Read more...]
Articles for Home Buyers
Are you considering buying a home in the Denver metro area, or anywhere for that matter? The articles below will help you get in tune with the market, things to consider as a homebuyer, and more. Should you have any questions please contact me, and if you like this content please share it online.
Your Home Inspection And What To Expect
You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents often recommend you make your offer contingent upon a clean home inspection. This contingency allows you to renegotiate the price … [Read more...]
How is Buyer Demand Affected by the Supply of Homes for Sale?
The latest edition of the Realtors Confidence Index from NAR sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Until the supply of homes for sale starts to meet buyer … [Read more...]
Should I Buy a Home Now or Wait Until Next Year? [INFOGRAPHIC]
Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac forecasts interest rates will rise to … [Read more...]
Financial and Non-Financial Benefits to Owning a Home
When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more … [Read more...]
This Week is the ‘Black Friday’ of Real Estate!
According to a new study from realtor.com, the week of September 22 is the best time of year to buy a home, making it ‘Black Friday’ for homebuyers. Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people … [Read more...]
Here’s a One Big Way Homeowners Benefit Over Renters
One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on … [Read more...]
Understanding HOAs as a Homebuyer
When searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you. According to a recent article on … [Read more...]
All Price Ranges See Home Values Increase Over Last Year
Price appreciation can differ depending on your price range. CoreLogic analyzed four individual home prices tiers and shares the increase in each one. CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased … [Read more...]
Do Not Do These 7 Things After Applying for a Mortgage
Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time … [Read more...]
How Likely Are Home Values to Decrease?
With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few … [Read more...]
Wave of Millennial Homebuyers to Boost Homeownership
In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying … [Read more...]
2020 Forecast: Home Sales Expected to Increase
Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting home sales will increase nicely in 2020. Below is a chart depicting the projections of each entity for 2019, as well as for 2020.As … [Read more...]
Want an A+ Experience Buying or Selling a Home? Here are 5 Reasons to Hire a Real Estate Pro [INFOGRAPHIC]
Some Highlights: Hiring a real estate professional to help you buy your dream home or sell your current house is one of the most powerful decisions you can make. A real estate professional has the experience to help you confidently … [Read more...]
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