There’s no doubt our market is a little…”frenzied” is a good word, I think. (See more on that in my February 2021 Market Update and Insight video.) What else could you call a market in which a relatively modest home had 110 showings over just 3 days and ended up with 20 offers, all over asking […]
Category Archives: Buying Process
Buying Our First Investment Property
Justin and Sonya’s Story Yes, Denver’s real estate market is hot. More than 7,000 homes sold in the Denver metro area in July; that’s 21% more than the same time last year. And yes, homes can be expensive here. The average sold price of a single-family home in July was nearly $540,000…a 9% increase over […]
How and Why to Tour and Buy a Home Now
New Resources for Home Buyers
If you’re a prospective home buyer (and especially if you’re a first-time homebuyer), you’re going to want to check out my new resource: Your Path to Home Ownership. It’s 22 pages of practical, actionable tips and advice. Here’s just a sampling of what you’ll find inside: The “85% happy” rule Where to consider compromising in your […]
Buying an Investment Property: Five Important Steps
Whether you’re retired or just starting out, having multiple streams of income is a wise strategy. It can offer protection against career surprises, stock market fluctuations, and other uncertainties. Real estate’s long-term return on investment makes it particularly attractive. According to the Denver Metro Association of REALTORS®, the average sold price of detached single-family homes […]
Radon and Your Colorado Home: What to Know and Do
Home Buying Tips to Make Sure You Don’t Overlook a Potentially Great Home
Have you ever watched one of the home-search “reality” shows on TV? One with the buyers gushing, “This home is perfect!” Here’s the reality: no home is perfect. Even if you had all the money in the world and built a fully custom home, it wouldn’t be perfect. After some time had passed, you would […]
Six Smart Ways to Boost Your Credit Score
Getting Preapproved for a Mortgage: The Top 5 Documents You’ll Need
“Which documents do I need to get preapproved for my mortgage?” I get that question a lot. One reason is because there are at least seven different types of mortgage loans. Who knew, right? Types of Mortgage Loans The types of mortgage loans include: Conventional – These are standard mortgages for borrowers with strong credit […]
2019 Real Estate Market: 3 Important Indicators
“What’s going to happen in the Denver metro area real estate market in 2019?” That’s the question on the minds of almost everyone I see these days. I’ll tell you what I tell them: predicting the real estate market by looking at the past is like driving down the highway backwards at high speed using […]