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I'm buying a house in Denver. Do I need to worry about the FHA Anti-Flipping rule?

I'm buying a house in Denver. Do I need to worry about the FHA anti-flipping rule? The answer to this question I am learning is much deeper than it appears. As of last year, I would have said yes, you do need to be cautious of it. Now, I would say no. But after today, I have learned that the answer is still yes. Confused yet? You're not the [...]

Does Low Interest Rate Make a Difference?

Late last year and early this year there was a lot of press about the $8,000 Tax Credit for home buyers. After that expired you might have felt like you missed a great deal and decided not to buy. Believe it or not, interest rates are so low right now that you can save more in the first five years of owning a new home than you could have [...]

Missed the $8,000 tax credit? Good news. These low interest rates can save you three times that much!

Did you miss taking advantage of the $8,000 first time buyer tax credit in April? While it certainly was a great deal that would have been nice to take advantage of, don't sweat it too much if you did. With the insanely low interest rates available right now compared to when the tax credit was in effect, you can save more than three times as [...]

Hot Denver Neighborhoods - Lowry median sales price up 44%

Hot Denver Neighborhoods - Lowry median sales price up 44%

The median sales price for homes in Lowry Field for May 10 to Jul 10 was $399,015. This represents an increase of 14%, or $49,015, compared to the prior quarter and an increase of 44.3% compared to the prior year. Sales prices have appreciated 62.3% over the last 5 years in Lowry [...]

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