So you’re thinking of a second home? You’ve braved the home buying circus before, and have a great place to show for it. You’ve trudged through the open houses, experienced exactly how stressful closing can be, and dealt with legions of moving trucks. And still, a part of you wants something more: an escape in the mountains, a beach cottage, or a pied-à-terre in the […]
Not exactly sure how a mortgage works? Don’t feel bad—the average home buyer doesn’t either. The whole process is filled with head-scratching questions, from how big a down payment has to be to why your interest rate isn’t as great as you’d hoped. To help clear up some of your confusion, here are some of the most common questions home […]
Summer is here! The temperature isn’t the only thing heating up right now, so too is the housing market in many areas of the country! Here are four great reasons to consider buying a home today instead of waiting. Here are 4 reasons to buy a home right now. 1. Prices Will Continue to Rise […]
Some Highlights: Sales of existing homes reached the highest annual pace in over 9 years at 5.29 million. Inventory remains below the 6-month norm and prices are still on the rise. Interest rates are at a historic low of 3.48%. You read that right! Sales are at their highest pace in NINE years!!
More home owners now have equity. About 46.7 million residential properties with a mortgage had equity at the end of the first quarter of 2016, according to data from CoreLogic. Home equity rose year-over-year by $762 billion. In the first quarter alone, 268,000 home owners regained equity, which boosted the percentage to 92 percent of all […]
First Time Homebuyer Savings Account Act passed the Legislature CAR (Colorado Association of Realtors) is very pleased to announce that the First Time Homebuyer Savings Account Act passed the Legislature Tuesday morning after the State Senate gave the bill it’s final approval. CAR extends its deepest gratitude to House Majority Leader Crisanta Duran, Representative Joe […]