As the saying goes, “Springtime is for selling houses.” The months of April, May, June and July typically account for more than 40% of all housing transactions annually. This year, buckle up because we anticipate a huge amount of transactions and more than the usual amount of competition. Since inventory is at record lows and […]
Springtime and Eager Buyers
Market Update
The strength of the market showed itself yet again in March. The average days on the market plunged in March — a 35 percent decrease from March 2012. However, the average sold price statistic, $295,330, gives us the real story of the state of the housing market. This number is up 7 percent from February […]
Supply and Demand
A market runs on the principle of supply and demand, and the demand this year is slowly increasing. Average sale prices are up and this trend is expected to continue throughout the summer. Right now, everyone acknowledges that inventory is low and demand is high. Look at these encouraging stats. There were 6,786 single-family homes […]
House Flipping Part 2
Here’s a look at the best practices of successful house flippers, as well as tips on avoiding common pitfalls. Look for potential. Flippers often invest in properties that don’t appeal to conventional home buyers, since they know how to look beyond an outdated kitchen or moldy basement to spot potential. House flippers typically find deteriorated […]
House Flipping Part 1
Thanks to the improved real-estate market, house flipping has made a comeback, both across the nation and, to a degree, in Colorado. House flipping is, essentially buying a house or property with the intent to sell it for a profit. Daren Blomquist, a vice president at RealtyTrac, said house flipping in Colorado was down 17 […]
Before Moving, Check Your New Cost Of Living Estimates
Before moving to a new state, or even long distances intra-state, check your new home town’s Cost of Living. It will help you plan a better housing budget.
Mortgage Guidelines Resume Tightening Nationwide
Despite an improving U.S. economy, the nation’s banks remain cautious about what they will lend, and to whom.
What’s The First Thing You Should Do After A Home Purchase?
You just bought a new home. Have you thought about who has keys for entry?
Pending Home Sales Index Remains Strong Into Spring
The housing market took a step back in February, but remains near post-Recession highs.
Building Permits On The Rise
The new construction housing market appears primed for growth.
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