Our real estate market has seen substantial increases in prices over the past few years as well as a limited number of homes available on the market.  This has led to an increase in practices that can be detrimental to uninformed sellers.  Often times these are the elderly, people that have been in there home many years, estates, or distressed owners.  With all the...

DOES HOMEOWNERSHIP MATTER?   You bet it does!  At the most basic level, it provides shelter and security to families.  But, there is a lot more to it than that, and here are some facts about homeowners from the National Association of Realtors, Federal Reserve Board, and the US Census Bureau: They are more likely to vote, They volunteer their time more frequently for...

With the help of the Colorado Association of Realtors, the State of Colorado has set up a program to allow any Coloradan to set aside up to $50,000 toward the costs of closing on a home.  The earnings on those funds (interest and capital gains) are free from Colorado state taxes. FHSAs (First-time Homebuyer Saving Accounts) are a great way for future homeowners to...

Homeowners are often looking online to see what the value of their home is.  Everyone is curious about value and how it might be changing and an estimate of the value of their home.   It may be from an AVM (Automated Valuation Module) on a Broker’s website, an estimated value from Realtor.com, or a Zestimate from Zillow.  All of these are an estimated of...

  Many people have looked to the Real Estate market as a place to diversify their invest portfolio.  The idea of having someone else make the payments on your property so that you gain equity is very appealing.   One of the ways to become a landlord, is to buy a new home for yourself and keep your existing home as a rental property. ...

The more potential buyers there are for a property, the more likely it is that the price will be driven up.  The opposite is also true, if there are fewer potential buyers, the price will tend to be pushed downward.   Over the past couple of years, we are seeing HOA’s adopt policies that may be hurting the value of their home owners by...