How much of a down payment do I need to by a Denver home? Or, I don't have enough saved for a down payment yet. These are the two most common questions/statements I hear when starting to talk with potential home buyers. I am very surprised to hear that most potential buyers feel they need 20% down to buy a home when in fact, I would say 75% [...]
Is now a good time to invest in Denver Real Estate? I get the question a lot and the answer is YES! The rental market is even crazier than the Real Estate market if you can believe that with right around a 1% vacancy rate for rentals. Rental rates are the highest they have ever been and with these crazy low interest rates, you can cash flow [...]
Yesterday I wrote about how mortgage interest rates are the highest they have been in the past year and how it looks like they will be hovering around 4% for the foreseeable future. To read the full blog, click
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This week, mortgage interest rates hit their highest level in past year and it has a lot of buyers out there pretty concerned. With an average around 4%, the rates are still near all time historical lows but when compared to the mid to low 3's we saw in September, it is a pretty significant jump. To find out why the rates are higher now and
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In keeping the Denver's next hot hoods theme going, this week I want to focus on Wheat Ridge. The hot part of Wheat Ridge is roughly 26th north to 44th and Sheridan west to Wadsworth. More specifically, the areas around 26th bordering Edgewater and just west of Sheridan from about 32nd to 35th around Panorama
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Denver recently announced the Metro Morgage Assistance plus program as a way to help more buyers reach the goal of homeownership. This program provides buyers with a 4% grant, that does not have to be repayed, that can be used towards a down payment and or closing [...]
Last week I did a blog post about Denver's next hot hoods. I got a lot of interest from it so thought I would try to make it a weekly post. This week I'm highlighting an area I've been working in like crazy lately, North Park
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I get asked all the time, what is the next hot neighborhood in Denver? As I'm out showing properties, and being on the constant look out as an investor myself, I'm always searching for the next hot hood for my clients to get into before it takes off. I recently read about the hottest hoods in the May issue of 5280 Magazine. While I agree [...]
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