Colorado Real Estate

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Buyers Market FALL-ing Rates = Buyer’s Market   I’ve been preparing my clients for mortgage rate cuts in mid-September. This week’s big news was the announcement by the Fed Chairman that they may want to have a larger rate cut — a half point v. a quarter point — given the soft jobs report that came out with only 142,000 jobs added […]
Affordable Housing Is Colorado Becoming Unaffordable to Live and Raise a Family? The beautiful state of Colorado, well known for its majestic mountains and Western heritage, is grappling with an escalating affordability crisis. This issue is most evident in neighborhoods like Denver’s popular Washington Park. Once a haven for historic homes passed down through generations with modest values between $300,000 and $700,000, it has now become out […]
Buydown Rate 2-1 Buydown vs. Price Cut? I interviewed Guaranteed Rate Affinity VP Brett Dewitt regarding the difference between 2-1 buy down paid by the seller vs. reducing the list price of a home. He explains which is better when it comes to the most money saved.
Colorado Real Estate Front Range Rental Market — Final Episode Looking around Colorado’s Front Range, particularly Downtown Denver, construction cranes and building is evident.  However, those looking to become a homeowner may be surprised that most the housing construction are rental properties.  Greg Bacheller gives his parting thoughts on the rental market and where the Front Range might be headed. Watch Video
Affordable Housing Front Range Rental Market Series — Episode 3 Construction defect legislation from a decade ago is impacting the housing availability in Colorado today.  I interviewed Greg Bacheller, a local expert on the Front Range rental industry. Watch more here
Colorado Real Estate Renting vs. Buying a Home My four-part series on the Denver-Metro rental market showcases what is happening across the country.  This summer I’ve met many potential first-time home buyers who are struggling to justify the increasing mortgage interest rates with the post-pandemic higher home prices. These Millennials and GenZers are saying that they will wait out the “inflationary” market conditions […]
Affordable Housing Affordability and limited inventory stall summer housing market The spring selling and buying season, usually the busiest, was down across the country as homebuyers shied away from still high interest rates and sellers stayed home, not wanting to sell and have no where to move.  According to the National Association of REALTORS®, pending home sales recorded no change in April. “Three U.S. regions […]
Affordable Housing 2023 Colorado Legislative Wrap-Up — Home Rule Rules In the end, the Colorado General Assembly’s 2023 housing legislation was a nonstarter given Colorado’s strong Constitutional Home Rule and Local Control laws.  Governor Jared Polis supported Senate Bill 213 which would have mandated land-use rules and regulations from the state level on local governments.  Read more here . . .  
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Colorado Real Estate Spring 2023 Predictions What lies in store for the housing market in the Spring of 2023? That’s the real question, isn’t it? With a dizzying myriad of factors all weighing in the balance, what are we to make of the state of the housing environment, and what will the next few months look like? We’ll discuss all those […]
1031 Exchange What is a 1031 Exchange? A 1031 exchange is a swap of one real estate investment property for another that allows capital gains taxes to be deferred — it is a deferral and not an exemption of paying taxes.  1031 gets its name from Section 1031 of the IRS tax code. QUICK TIPS • A 1031 exchange is a tax break. You can sell […]
Colorado Real Estate Does the Future Look Good for Home Prices? CoreLogic’s Home Price Index showed that home prices nationwide fell by 0.4% from November to December but they were 6.9% higher when compared to December of 2021. This annual appreciation reading declined from 8.6% in November but is still solid. CoreLogic forecasts that home prices will drop 0.2% in January but rise 3% in the […]
Buyers Market Colorado’s 2023 Q1 & 2 Market Report Series– Episode 1 Consumers are waiting to see how the first quarter of this year shakes out for the real estate market. We went into the holidays with higher interest rates and low inventory. Colorado’s market is strong and often doesn’t follow its regional neighbors. According to Brett Dewitt of Guaranteed Rate Affinity, the state is an outlier […]
Buyers Market Ready to Make a Move in 2023?
Colorado Real Estate The Great Reset The following insights from a recent Forbes article highlights expert predictions for the New Year. “2023 will bring lots of variability in how housing markets adjust,” Bright MLS Chief Economist Lisa Sturtevant said. “There will be a lot of resetting expectations for both buyers and sellers.” According to Forbes, Sturtevant predicted “variations from market to […]
Buyers Market Holiday Home Buying Holiday Home Buying Video U.S. News and World Report recently came out with some great insights which I can confirm from my boots-on-the-ground perspective. If you are a buyer still beating the bushes looking for a home, there are some serious advantages to buying a home around the holidays: 1. “There is less competition. This […]
Buyers Market Sellers Helping Buyers — Episode 2 https://youtu.be/Pd3Qrg6RCDshttps://youtu.be/Pd3Qrg6RCDs//youtu.be/Pd3Qrg6RCDshttps://youtu.be/Pd3Qrg6RCDsAdjustable Rate Mortgages (ARMS) are making a come back in today’s market.  Sellers are helping buyers get their dream home by paying down points to get a lower monthly payment the first few years.  Guaranteed Rate Affinity explains how ARMs work in more detail. https://youtu.be/Pd3Qrg6RCDshttps://youtu.be/Pd3Qrg6RCDs//youtu.be/Pd3Qrg6RCDshttps://youtu.be/Pd3Qrg6RCDs
Colorado Real Estate Is the Real Estate Market Balancing Out? Colorado Home Insider Podcast Buyers are finally breathing a sigh of relief. Just three short months ago I was talking about the new normal of buyers waiving all rights to appraisals and inspections. Today, many believe the housing correction has started. Real estate is local so some areas of the country may see the shift […]

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