A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different … [Read more...]
Articles for Renters Considering Buying a Home
Are you currently renting a home? Then following articles may well be worth your time reading. Also my Rent vs. Buy page focuses on key points to be aware of as a renter thinking about buying a home. This information is likely to bring up questions so please do not hesitate to reach out to me.
Now Is Time To Sell — Homebuyers Move Up Their Timeline To Buy
While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are … [Read more...]
2021 Metro Denver Housing Market Recap
The 2021 metro Denver real estate market will go down in the record books as being one of the most competitive markets we have had. Fueling the intensity were big forces, such as record low housing supply, high buyer and renter demand, … [Read more...]
111,285 Reasons to Buy a Home in 2021
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...]
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...]
Median Rental Rates Are Now Higher Than Mortgage Payments – Time To Buy A Home
According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply … [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...]
Why Mortgage Rates May Increase and What It Means for Home Buyers
We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of … [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...]
Experts Aim to Provide the Best Advice, Not Perfect Advice. Here’s the Difference…
As we approach the anniversary of the hardships we’ve faced through this pandemic and the subsequent recession, it’s normal to reflect on everything that’s changed and wonder what’s ahead for 2021. While there are signs of economic recovery … [Read more...]
How Record-Low Housing Inventory Affects Buyers and Sellers
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the … [Read more...]
Renting vs. Buying a Home: Deciding What’s Best for You
According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s a great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While … [Read more...]
Working From Home Boosts Homebuyer Interest in Buying a Home
With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still … [Read more...]
