When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we … [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.
Spring 2019: The Cost of Renting vs. Buying [INFOGRAPHIC]
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a … [Read more...]
Now Is a Great Time For Baby Boomers To Find Their Dream Home
Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of … [Read more...]
2 Trends That Are Keeping Housing Affordable
Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate in … [Read more...]
How Long Does It Take To Save For Your Down Payment?
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down … [Read more...]
Since 2005, Renters Pay Higher Rental Rates While Owners Pay Lower Mortgage Rates
In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December … [Read more...]
New Report Explores Impact of Senior Living on Housing Inventory Shortage
There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while … [Read more...]
Is Buying A Fixer-Upper The Key To Finding Your Dream Home When Inventory Is Low?
According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a … [Read more...]
Top 5 Reasons Why Young Renters Chose to Buy a Home [INFOGRAPHIC]
Why Millennials Choose to Buy a Home... To have control over their living space To have a sense of privacy and security To live in a nicer home To feel engaged in their community To have flexibility in future … [Read more...]
Home Buyer Demand Is Strong Again This Spring
Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate … [Read more...]
How Long Will Mortgage Interest Rates Stay Low?
Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last … [Read more...]
3 Questions To Ask Before Buying A Home
If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the … [Read more...]
Slaying Today’s Financial Homebuying Myths [INFOGRAPHIC]
Slaying Myths About Buying A Home - Many potential first-time home buyers believe that they have to have a 'perfect' credit score and 15-20% for a down payment. Arming yourself with information about what is really going on in the housing … [Read more...]
Stabilize Home Values Are Stabilizing
The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer. In a recent post on the National … [Read more...]
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