Will the housing market heat up this summer? 2023 has been an unpredictable year in the housing market. After the upheaval of the pandemic and the low interest rates we saw over the last two years, it seemed like a return to normal was coming this year. And one of the ways the market was going to get back to normal was that the hot spring selling season was going to return. But that never really happened. High rates and a stubbornly low number of homes for sale cooled off hopes for a hot market this past spring. Upheaval in the banking sector scared a lot of folks away from making … Continue reading...
Parker, Colorado market report
Real-Time Market Profile Never miss important changes in the Parker market. Median List Price $850,000 Median Price of New Listings $777,180 Per Square Foot $235 Average Days on Market 55 Median Days on Market 28 Price Decreased 47% Price Increased 4% Relisted 5% Inventory 185 Median Rent $3,200 … Continue reading...
What interest rates are doing
The 30-year fixed-rate mortgage averaged 6.71% as of June 8, down from last week when it averaged 6.79%. A year ago at this time, it averaged 5.23%. The 15-year fixed-rate mortgage averaged 6.07%, down from last week when it averaged 6.18%. A year ago at this time, it averaged 4.38%. “Mortgage rates decreased after a three-week climb,” said Sam Khater, Freddie Mac’s chief economist. “While elevated rates and other affordability challenges remain, inventory continues to be the biggest obstacle for prospective homebuyers.” … Continue reading...
Reasons to buy a home
I'm in the middle of my 75th trip around the sun. During those trips, I have come to the conclusion that life seems to go in cycles. However, one thing seems to be a constant; People have a desire to own their own home. A place you are only accountable to yourself. A place where you can build equity. A place known and proven to be the beginning of wealth generation. There are probably as many reasons to own a home as there are homeowners. Pictured below are some of the reasons to own your home. What are yours? Reasons To Own Your Home Some Highlights June is National … Continue reading...
What water damage can do!
Water damage isn’t something you can easily brush off. Sometimes you won’t even know it’s there without a proper home inspection. Staying on top of your home’s health is crucial to avoiding situations dangerous to your health and your house’s integrity. Learning what too much water can do to your home might convince you to take measures to avoid it at all costs. WHAT CAN WATER DAMAGE DO? Water damage can lead to serious consequences that affect the integrity of your house. If left untreated, it might also lead to mold growth, which can harm your physical health. You shouldn’t ignore water … Continue reading...
Market update for May 2023
Active inventory 5228 Closed Homes 4167 New Listings 5180 Average prices $595,000 … Continue reading...
Summer job to catch up on around your homes
Summer is the perfect time to tackle all those big tasks on your to-do list. Here are the top 5 chores you should do to keep your home looking great and its components running smoothly. Clean Your HVAC Cleaning your HVAC system can help prolong its life and improve its efficiency. Replace the filters on a quarterly or semiannual basis. Clean the return vents with soap and water. Check your supply vents for any obstructions. Clean Your Grill Grease accumulation on your grill could present a fire hazard. Consider a cleaning routine after each use and a more detailed cleaning 1-2 times per … Continue reading...
Moving, learn from this blog about packing!
Featured Image How to Pack Your Belongings for a Safe and Efficient Move Moving to a new home can be an exciting but intimidating process on its own. For many, packing up their belongings is a source of additional stress. There are many things to worry about, ranging from organization to using the right type of boxes. However, there are also multiple ways to simplify the packing process. It might take considerable energy and work, but it doesn't have to be stressful This article reviews how to pack your belongings for a safe and efficient move. Lose the … Continue reading...
Preparing your home to sell suggestions!
Preparing your home for sale requires careful attention to detail and a strategic approach. By investing time and effort into getting your house market-ready, you can significantly increase its appeal and attract potential buyers. In this blog, we will provide you with a comprehensive guide on the essential steps to take before putting your house on the market. Following these guidelines will help you present your home in the best possible light and increase your chances of a successful and profitable sale. Cleanliness and Organization Begin by giving your home a thorough cleaning, … Continue reading...
Be prepared when buying your first home
By Matt Carson on 4/13/2023 Tags: home buying tips mortgage basics Become the best buyer you can be When spring flowers bloom, the temperature isn't the only thing heating up. Indeed, the housing market is traditionally on a yearly cycle where more sellers tend to put their homes on the market during the warmer months as opposed to the cooler ones. More houses on the market attract more buyers. So, with the return of spring selling season, you can expect the market to become highly competitive. Inventory still remains low nationwide, which can further complicate a contested market. … Continue reading...