While there are other real estate websites such as Move Inc. and Redfin Corp. that are growing, Zillow and Trulia are the top two most-visited property sites in the U.S. In a recent turn of events, Zillow is purchasing Trulia, which makes the combined entity the largest online real estate listings company. More people are […]
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Market Update: Low Inventory Causes Prices to Rise
Inventory remains low and demand remains high. This translates into prices going up and creates opportunities for sellers. Of course, it can be frustrating for buyers; however, if everyone understands the market, then one can create win/win scenarios. At Alaris Properties, LLC, that is always our goal. We live by the expression, “Knowledge is Key.” […]
Filed Under: Blog, Buying A Home, Housing Analysis Tagged With: Inventory, mid-year report
Things Buyers Should Know About Backup Offers
What is a backup offer and what purpose does it serve in this exuberant Denver Real Estate Market? A backup offer is a second place offer. The home is already under contract with Buyer 1, but Buyer 2 submits a contract to the seller. When the seller signs the backup contract, it means that, if […]
Filed Under: Blog, Buying A Home, Short Sale Tagged With: backup offers, short sales
Mortgage Availability Widening
If you’re shopping for a home or planning to refinance your mortgage, you may be thinking: “Isn’t getting a home loan already a lot tougher than it used to be?” You may have heard that new mortgage rules issued by the Consumer Financial Protection Bureau (CFPB) took effect at the beginning of the year. The […]
Filed Under: Blog, Buying A Home, Mortgage Guidelines Tagged With: Denver, Mortgage, real estate, realtor
Making Hero’s Choices in Real Estate
By Jon Terry, CMAS, JD© Published in Canyon Courier 2014 Our commitment to excellence runs deep. It is our duty and honor to uphold that commitment – plus we like being excellent. In fact, we enjoy it so much that we have chosen to complete a three-month introspective training course to open our hearts and […]
Filed Under: Blog, Buying A Home, Selling a Home Tagged With: Alaris credentials, Team training
Monthly Rents Keep Climbing
Thousands of apartment renters across the Denver area are getting the news that their next rent check will cost a little more. The increasing supply of new apartments in metro Denver isn’t yet affecting low vacancies and increasing rents. Average monthly rents climbed for the third consecutive quarter to $1,074 across metro Denver. Every county […]
Filed Under: Blog, Buying A Home, Colorado Living, Personal Finance Tagged With: real estate, realtor, rent rates
Cheaper Isn’t Everything: The State Where People Stay
Median incomes tell you something about how many people in a city can afford a home. According to HSH.com (a trusted mortgage resource), Denver is wedged between Portland and Seattle as the 18th most affordable city out of 25, requiring an annual salary of $48,122 to afford a median-priced home here. Meaning, Denver is the […]
Filed Under: Blog, Buying A Home, Selling a Home Tagged With: broker, National Association of REALTORS, real estate, realtor
Easy, Time-Saving Moving Tips
We’re always excited to help local homebuyers find their new homes and we know the process can be a long one. After all the paperwork and celebrating comes the hard part – the actual move. If you’re moving this spring, take a look at the following moving tips that will save you time and frustration. […]
Filed Under: Around The Home, Blog, Buying A Home Tagged With: homeowner, moving tips, real estate, realtor
You Don’t Need Luck, Just a Good Realtor®
Does it seem like your real estate transaction is impossible? Are you having trouble selling your home or finding a new home? We’ve heard customers say they need a miracle or a change of luck, but luckily the answer is pretty simple. You don’t need a change of luck; you need a skilled, knowledgeable Realtor®. […]
Filed Under: Blog, Buying A Home, Selling a Home Tagged With: agent, broker, homeowner, real estate, realtor
Low Inventory: Buyers Flock to New Construction
Where have all the listings gone? Why is there so little inventory on the market right now? Why is no one selling? These are the questions our buyer clients are asking us. In order to help our buyers, some of us Realtors® have been joking that we may start going door-to-door knocking to see if […]
Filed Under: Blog, Buying A Home, Selling a Home Tagged With: low inventory, real estate, realtor
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