By Kristen Elliott on 11/30/2022 Tags: market update industry news Our housing market wish list ǀ Guaranteed Rate Affinity It’s that time of year—the holiday season has officially kicked off. Holiday sweaters are making an appearance, the carols are cranking and wish lists are being written. Seeing that we’re partial to all things homes, our wish list revolves around the housing market. And in true holiday spirit—aligning with the idea that giving is better than receiving—we’re hoping to help more people achieve their dreams of homeownership. From first-time buyers to those looking to … Continue reading...
Renters: 6 signs you’re ready to buy a home.
RENTERS: 6 SIGNS YOU’RE READY TO BUY A HOME Whether you’re looking for a yard for a pet or bigger closets for storage, buying a home could offer more flexibility than renting – and it can be a long-term investment. Are you ready to be a homeowner? 3 min read With the housing market balancing in many places, many people are finding that now is a great time to purchase a property of their own. Renters looking to buy are usually in the pursuit of more living space, creative freedom to decorate, and ownership of an asset that can appreciate in value over time. Renters, are you tired of … Continue reading...
Average Appreciation on Single family homes.
Average appreciation on single family homes has been 4.3% for the past 30-years and 8.3% for the past 10-years. … Continue reading...
Westminster Colorado Market report
November 08, 2022 07:45 AM REPORT We are still having a a good market for sellers but this past week 62% price decreased in some homes. The median price of homes is $579,500. Average days on market is 42 days wish is part of the reason we seen some homes decreased their prices. Inventory is up to 150 homes which is a big increase compare to April. Average rent price is $2650 for single family home. Looking to buy or sell, give me a call at 303-358-1147. Posted by Will Hamm, Hamm Homes LLC. Aurora, Colorado HammHomes@ymail.com Call me at: 303-358-1147 Find … Continue reading...
Getting your home ready to put on the market!
If you are planning to put your house on the market, there is no time like the present to start getting organized for the process of staging, showing and moving out of your home. Begin now by following the tips listed below and you won’t feel so overwhelmed when it’s time for that first open house! Eliminate Piles before you sell. Some of us suffer from “flat-surface syndrome”. If there is a flat surface, it is covered with “stuff”. Now is the time to eliminate any of the “stuff” cluttering the horizontal surfaces in your home. Things such as mail, magazines and other odds and … Continue reading...
What to look for in a inspection on a home purchase
Buying a home is not an easy thing to do, and this is especially so if you are a senior and cannot make any grave mistakes in your home choice. You cannot just walk into a house and say “this is great I’ll take it” depending on how it looks at first glance. There are so many things that must be considered when buying a home. As a senior, you would be benefited by considering professional help when looking into active adult communities. This is not a place where you can cut corners as your home buying experience is a big investment and you do not wish to make a mistake. However, if you don’t … Continue reading...
Denver Information
Higher interest rates, now solidly above 5% on a 30-year mortgage, likely helped slow home sales in metro Denver last month, and the number of listings available is surging. But when it comes to calming those gale-force gains in home prices, the windows are still rattling something fierce. The number of residential properties available for sale shot up another 44.2% between March and April, following an 81% gain between March and February, according to a monthly update from the Denver Metro Association of Realtors, which covers an 11-county area. Normally, the gain in listings between … Continue reading...
What is a Townhome
As a buyer, there are a variety of property types you can purchase. For example, you might buy a single-family home, an apartment, or a condo. Or, you might buy a townhouse. Townhouses are a popular property option, particularly for first-time buyers. But a lot of people have questions about townhouses, like what, exactly, are they—and why should someone consider buying one? If you have questions about whether a townhouse is the right option for you, a recent article from realtor.com answered key questions buyers might have about townhouses, including: What is a … Continue reading...
The American Dream
Making the American Dream Come True for You Buying your first home is exciting. For most people, it’s the fulfillment of a life-long dream — The American Dream — of homeownership. Taking that plunge can feel overwhelming, too. There are so many things to consider, so many choices to make, and far too many unknowns. But, breaking it all down into smaller, more digestible pieces can help take away much of the anxiety that accompanies making such a big commitment. Hiring a real estate agent is the first step for nearly everyone when they’re ready to buy a home. … Continue reading...
Looking at the Market
This past week, home loan rates touched the highest level in a decade as global bond yields were on the rise. Let's discuss some potentially positive signals for those looking for a rate peak as well as what to watch for next week. "So, you got to let me know, Should I stay or should I go" Should I Stay or Should I Go ... The Clash "Be greedy when others are fearful" – legendary investor, Warren Buffet. The rate of change or the speed at which home loan rates have moved higher is historic. It has also elevated uncertainty and fear that rates … Continue reading...