For Buyers

For Buyers 2 to 3 Along the Front Range we have gone from two weeks of inventory to three weeks. For much of the Spring, there was only two weeks of inventory on the market in most areas. Meaning, it would only take 14 days to sell all of the homes currently for sale. Now, because the pace of sales has slightly […]
Blog Working with a Buyer’s Agent What is a Buyer’s Agent? A typical real estate transaction involves a buyer’s agent representing the buyer and a listing agent representing the seller. A buyer’s agent helps the buyer identify potential homes to pursue, advises them on negotiations, and helps navigate any hurdles during the buying process. Once they are under contract, the buyer’s […]
Blog 96 Weeks Mortgage rates have been below 4% for 96 weeks in a row. Today, the average 30-year fixed mortgage rate sits at 3.17%. This is 0.5% lower than January and exactly 1.0% lower than March 2020. Rates recently ended a 31-week streak of being under 3%. Over the last 5 years, rates have averaged 3.8%. Most […]
Blog The Importance of Pre-Approval To set yourself up for a smooth and successful home purchase, getting pre-approved is perhaps the most productive first step you can take. It strengthens your buying credibility, informs your home search, and speeds up the closing process. The Pre-Approval Process  There is an important distinction to made between two important steps of your mortgage application process: pre-qualification […]
Blog Double Lumber The price of lumber has doubled in three months. Lumber is just one of several examples of skyrocketing materials costs which are impacting both home builders and home buyers. The cost of lumber is now at a record-level $1000 per 1000 board feet. These rising costs not only add to the sales price of a […]
Blog Million Plussing The luxury market is very active right now.  Buyers in the high-end are taking advantage of low interest rates and the equity they have built in their prior homes. Closings of million-plus single family homes are up significantly along the Front Range. When compared to this same time last year, sales of properties in this […]
For Buyers Affordability Housing affordability is a hot topic especially after the strong price appreciation that has occurred in our market over the last 7 years. Here’s some interesting research on affordability… Each quarter the National Association of Home Builders measures affordability in hundreds of markets across the Country. Their method is to count the number of homes in […]
Blog Is the Condominium Lifestyle Right for You?   Condominium homes are a great, low-maintenance choice for a primary residence, second home, or investment property. This alternative to the traditional single-family home has unique issues to consider before buying, as well as unique benefits. Increasingly, condos are not just for first-time homebuyers looking for a less expensive entry into the housing market. Empty-nesters […]
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For Buyers So you bought an investment property, now what? Investing in a home is a great way to build passive income but earning from your investment will take a little groundwork to become a well-oiled machine. This is your beginner’s guide to owning an investment property so you can set up that foundation properly to avoid future headaches. Make sure it’s livable It’s important […]
Blog 5 Deal Breakers That Can Blindside Home Buyers Purchasing a home can be a complex endeavor for even the most well-prepared home buyer.  You’ve diligently saved for your down payment, followed the market, researched agents and now you are ready to make an offer on your dream home.  Don’t let these 5 “Deal Breakers” come between you and your new home.   Big […]
Blog Your Beginner’s Guide to Home Appraisals Appraisals are used as a reliable, independent valuation of a tract of land and the structure on it, whether it’s a house or a skyscraper. Designed to protect buyers, sellers, and lending institutions, appraisals are an important part of the buying/selling process. Below, you will find information about the appraisal process, what goes into them, […]
Blog How to Cover Unexpected Costs with a Personal Loan Owning a home comes with its rewards — it’s an investment, a cozy haven to kick-up your feet after a long day of work, and a welcoming place to bring family and friends together. Although all of this makes homeownership fulfilling, owning a home also opens the door for unexpected (but necessary) expenses. If you’ve […]
For Buyers Benefits, Risks and Things to Consider Before You Add an Accessory Dwelling Unit to Your Home   Have you ever rented the unit in someone’s basement? Maybe your spouse’s mother moved into your “Mother-In-Law Unit” above your garage? Or have you ever traveled and stayed in a pool house for your stay? Commonly referred to as “Mother-In-Law” units, homeowners use these as a way to fill the space in their home […]
For Buyers The Impact of Staging Your Home For more than 20 years, the benefits of staging a home have been well documented. Numerous studies show that staging helps sell a home faster and for a higher price. According to the National Association of REALTORS®, 88 percent of home buyers start their search online, forming impressions within three seconds of viewing a listing. When a […]
Blog 5 Deal Breakers That Can Blindside Home Buyers Purchasing a home can be a complex endeavor for even the most well-prepared home buyer.  You’ve diligently saved for your down payment, followed the market, researched agents and now you are ready to make an offer on your dream home.  Don’t let these 5 “Deal Breakers” come between you and your new home. Big Purchases […]
For Buyers The Risks and Rewards of Purchasing a Bank-Owned Home   The process of purchasing a home directly from a lender can be long and arduous, but could very well be worth it in the end. If you have your sights on a particular home or are looking to find a deal on your first, working directly with the lender may be your only option. […]
Blog Five Things to Consider When Downsizing Downsizing is on the minds of many homeowners today. Some are ready to retire, others want to live more simply, and many want to save money and say goodbye to home maintenance. If you can relate to any of those sentiments, ask yourself these five questions: Have you done the math? The financial savings that […]
Blog To Buy New or Old, That is the Question We are often asked, “Which is the better buy, a newer or older home?” Our answer: It all depends on your needs and personal preferences. We decided to put together a list of the six biggest differences between newer and older homes: The neighborhood Surprisingly, one of the biggest factors in choosing a new home […]
Colorado Housing What to Consider Before You Build If you’re short on space but don’t want to move, a home addition is an attractive way to solve your woes and turn your current home into your dream home. Whether you’re adding a whole new room or a more modest addition, it can turn into a major construction project; with architects and contractors to […]
Blog Find a New Home in Four Steps Posted in Buying by Kenady Swan  Whether you’re a first-time homebuyer or a current owner looking for a bigger home, the ideas below will help you better navigate that all-important first step: Finding a property that you like (and can afford). The search for a new home always starts out with a lot of excitement. But if you […]