The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National … [Read more...]
Articles About Homeownership and For Homeowners
The following articles are about homeownership for those considering buying a home as well as information to help current homeowners.
Denver and the West Hit 20% Home Price Appreciation in 2021
One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this … [Read more...]
Metro Denver Housing Market Update – August 2021
Denver's record-low housing inventory eased up in July -- Phew! Here are some quick stats to illustrate the point… Average active listings for July is 16,302 (1985-2020).Record-high July was 2006 with 31,989 listings.Record-low July … [Read more...]
What Home Price Appreciation Means for Sellers
When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your … [Read more...]
How Affordable Are Houses Today Compared to Prior Decades? (1975-2021)
There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive … [Read more...]
Sellers: Make Your Home Price Appreciation Work For You
Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should … [Read more...]
Metro Denver Housing Market Update – May 2021
The metro Denver housing market data reported in May is similar to the April housing market report. Please revisit this page soon as I am in the process of aggregating the most-current information for you here. Related pages Denver … [Read more...]
Americans Rank Non-Financial and Personal Benefits of Homeownership as Most Valuable
Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of … [Read more...]
Home Price Appreciation Appears to be Accelerating Again
At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to … [Read more...]
Metro Denver Housing Market Update – April 2021
Denver's real estate housing market continues to have record-low housing inventory. Here are some quick stats to illustrate the point… Average active listings for March is 14,250 (1985-2020).Record-high March was 2006 with 27,309 … [Read more...]
Buying a Home is a Path to Generating Long-Term Wealth
Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most … [Read more...]
Over 6 Million Homeowners Entered a Forbearance Plan. How Will This Affect the Housing Market?
According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the … [Read more...]
Metro Denver Housing Market Update – January 2021
Denver's real estate housing market continues to have record-low housing inventory. Here are some quick stats to illustrate the point... Average active listings for December are 12,941 (1985-2020).Record-high December was 2007 with … [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 how it … [Read more...]
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