Here are 4 great reasons to consider selling your home in the Boulder/Denver area this fall!
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Five reasons today’s housing market is anything but normal.
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With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.
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Homeowners can use the equity in their homes to pay for home improvement projects, college tuition, medical bills and other expenses. Equity is the calculated difference between the current market value of the residence and the principal balance owed on any loans secured by the property. Home Equity Loans and Home Equity Lines of Credit (HELOCs) are two forms of low-interest rate financing. They allow borrowers to access equity without selling their homes.
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Yes we are in a seller’s market. But just because it’s a good time to sell, doesn’t mean that it’s not also a good time to buy. Here are some of the concerns buyers have right now and why this still might be the best time for them to buy a home.
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When it’s time to make an offer, it’s important to consider not just what you need, but what the seller may need too.
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Home prices are expected to continue appreciating over the next five years, and the associated equity gains are the quickest way homeowners can build household wealth.
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If you are thinking about buying a home in Boulder or Denver Colorado, you may wonder if buying a home is still affordable. Today on the blog we show you that due to several factors, buying a home is still affordable and this is true for real estate in Boulder and Denver as well.
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Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain. The demand for housing is up while the supply of homes for sale hovers at historic lows.
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Real estate industry experts and economists believe that home prices will continue to appreciate and that the housing market is strong. We believe this is especially true for our local Denver and Boulder area real estate market.
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The financial benefits make it clear that doing so now is much more advantageous than waiting until next year.
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Will the housing market maintain its momentum? Buyer demand remains strong. With more of the adult population becoming vaccinated and job creation data showing encouraging signs, existing-home inventory is expected to grow in the coming months.
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Amid concerns of a housing bubble, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.”
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The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner.
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Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to keep on the radar this season.
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Record low inventory and strong buyer demand means that this could be the best time for you to sell you house in the Boulder area.
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Some people are concerned that the intensity of the current real estate market will lead to a crash like we experienced in 2008. Here are several reasons why that is NOT the case.
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The state of global luxury real estate from Luxury Portfolio International.
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There are many things to consider when buying a home in Boulder. However, from a purely financial aspect, if you find a home that meets your needs, buying now makes much more sense than buying next year.
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