With everything going on overseas and gas getting so expensive, what is going tohappen tomortgage rates and Real Estate in Denver? It is a very fair question and one I was asked yet again today from a buyer I am working with. The simple answer is that it is keeping mortgage rates low for the time being, most rates are under 5% right now, but [...]
What are all the neighborhoods of Northwest Denver? It can be confusing, especially for people just learning about Northwest Denver. The general name for this part of Denver is Highlands. But if you look at an actual map, and ask locals, you would learn that Highlands is really just a small part of Northwest Denver. Plus, you have West [...]
Not only have interest rates been steadily rising of late, but now the cost of actually getting a mortgage is going up as well. If you are on the fence about buying or refinancing, the magic date is now April 1st to have something under contract to avoid much higher fees. This increase in cost will most impact the thriving FHA market [...]
How isthe Denver area rental market doing? Great!The vacancy rate isthe lowest it has ever been since they began tracking it in 2004. For those that follow this blog, youmay realize this is the third time I have written about this in the past year. I hate to sound like a broken record, but people need to realize just how significant this [...]
What is the HUD Good Neighbor Next Door program and is it available in Denver? The Good Neighbor next door program is a terrific program through HUD, the U.S. Department of Housing and Urban Development, and luckily it is available in Denver and all of Colorado. The Good Neighbor program offers [...]
Please join your friends, neighbors and local merchants for February HUNI Hour at a HOT Highland location......Root Down! Enjoy award winning, free appetizers and amazing drink specials......$3 margs & select draft beers, $5 house red or white wine, $4 mojitos, œ42 below vodka rosemary, lavender lemonade AND seasonal boca loco caiprihanas!! [...]
I want to buy a home in Denver. Is getting an Adjustable Rate Mortgage (ARM)a good idea? ARMs certainly have a bad reputation right now, and in many ways, deservedly so. ARMs accounted for 70% of all mortgages issued during the boom and have been blamed by many for the bust. But now it appears that ARM's are making a comeback and Freddie Mac [...]
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