Is Denver Heading for another Bubble?
Those of us who watched our home values plummet in 2008 during the last recession can't help but wonder.
Megan Aller of Land Title Guarantee Company shared her thoughts on this topic today, and I thought I'd try to provide you with some of the highlights of her discussion.
Some of the factors that [...]
Did your eyebrows pop out of the top of your head because the new valuation on your home was, oh I don't know, around $100,000 more than in the past?
Well, you are not alone! We feel your pain, and the good news is that there is a process in place for you to appeal if you feel your home has been wrongly re-valued. [...]
The April Market Report for the Denver Metro areashows a welcome increase in inventory as the busy, spring season brought more listings to the market. The number of active listings in April reached 6,149, an increase of 19 percent as compared to last month, but 15 percent lower than April 2014.
It's the question I get the most often these days with so many homes getting double digit offers and going for way over asking price. My answer? Buy a more expensive home. I know that sounds like a lame answer from a greedy Realtor but it's the truth, let me [...]
Paying over list price to nab your next home can be hard to stomach for many buyers. Often, appropriately priced homes in the Denver metro region sell quickly and receive multiple offers. In fact, last month, 48% homes in Denver's urban neighborhoods went under contract in 7 days or less and sold for 102% of their original list [...]
What are the out of pocket expenses that will come up when buying a Denver home? This is a great question and one of the first that I cover with new buyers when we sit down to talk about the buying process and what to expect. The loan that most people get covers the actual cost of the home, but there are going to be additional, out of pocket [...]
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