How accurate are Zillow estimates, or Zestimates, for homes in Denver? I hear this question quite a bit, especially when buyers see a house they really like, then look on Zillow and the Zestimate is $50,000 below the list price. Or the opposite with sellers who think their house is worth way more than it really is because of the Zestimate [...]
I thought we would see a lot of new listings after New Years. So far, nothing. When will there be new listings hitting the market in Highlands? I have been asked this question by numerous clients since we ushered in the New Year and find myself asking it on a personal level as well. In mid-December, a home I was under contract with crashed [...]
A lot of sellers that I speak with want to know what they can do to help attract buyers, get an offer and sell their home quickly, for the best possible price. The January issue of REALTOR magazine had a great article addressing some common home improvements, and what sellers could expect to recoup when they go to sell their home. It may not be surprising that four out of the top five improvements have to do with curb [...]
What is the Denver Real Estate Market going to look like in 2011? We all wish we had a crystal ball to look into the future to see what is going to happen. Since we unfortunately don't have that luxury, we have to instead study the trends from 2010, reports coming out from the experts and changes we have seen so far since the New Year was [...]
How come Short Sales in Denver take so long? In terms of length of transaction, Short Sales certainly don't live up to their name. Instead of short sale, I have had lots of buyers tell me they should be called "long sales." I certainly can't argue with this, but hope is on the horizon. The Home Affordable Foreclosure Alternatives Program, or [...]
When we bought our house, the home inspector told us that we should have the gas fireplace looked at before using it, because it seemed to have a small leak. We just turned it off and chose not to use it for a couple years because we were afraid that it was going to be really expensive to fix it. [...]
Are interest rates really in the 5% range again in Denver? The truth is sadly,yes. While rates have crept down a bit the past few days, I spoke with three lenders last Thursday who were quoting 5.125 to 5.25% for a thirty year fixed rate for buyers with excellent credit. Unfortunately, the days of high 3% rates are more than likely gone. The [...]
Socials