If you’re considering selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the market’s peak frenzy over the past two years has cooled some.  If you’re asking yourself if you’ve missed your chance to sell your house and make a move, the good news is you haven’t – motivated buyers are still out there. But you do need to price your home right for today’s market. Here’s why It’s true buyer demand has slowed over the past few months as higher mortgage rates made it more expensive to buy a home. The result is fe ..read more

If you put off your home search over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. It’s important to remember that while inventory is improving, it’s still a sellers’ market. That means you need to be prepared as you set out on your home search. Here are three tips for buying the home of your dreams today. 1. Understand How Mortgage Rates Impact Your Homebuying Power Mortgage rates have increased sig ..read more

Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. One thing worth considering is whether or not your current home will suit your new lifestyle. If your home doesn’t have the features or benefits you’re looking for, the good news is that you may be in a better position to move than you realize. That’s because if you already own a home, you’ve likely built-up significant equity, which can help fuel your next move. According to the National Association of Realtors (NAR): A ..read more

Since last month’s historic interest rate hike, we have seen the market continue to shift in July. Demand has dipped due to high prices and rising interest rates. As a result, prices have stabilized, and homes are staying on the market a bit longer. While there is some uncertainty for buyers and sellers in the Denver housing market right now, one thing to keep in mind is that Colorado’s economy is strong. What Does This Mean for Buyers? The days of feverish demand are in the rearview mirror as buyers reevaluate their home buying goals given today’s prices and higher interest rates. Buyers may ..read more

The housing market is slowing from the frenzy we saw over the past two years, but what does that mean for you if you’re considering selling your house? While home prices are still appreciating in most markets, they’re climbing slower because rising mortgage rates create less buyer demand. Because of this, there are more homes on the market. And in a shift like this, how you price your home matters more than ever. Why Today’s Housing Market Is Different During the pandemic, sellers could price their homes higher because demand was so high and supply was so low ..read more

As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of making a move, you should know the market is still anything but ordinary. Although the supply of homes for sale has been growing this year, there’s still a shortage of homes on the market. And that means conditions continue to favor sellers today. That’s because the inventory level of homes for sale can help determine if buyers or sellers are in the driver ..read more

Buying a home is a significant life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means. While mortgage rates are higher than at the start of the year and home prices are rising, you shouldn’t put your plans on hold based solely on market factors. Instead, it’s necessary to consider why you want to move and how important those reasons are to you. Here are the two biggest personal motivators d ..read more

It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home. When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When you rent, you face rising housing costs, won’t see a return on your investment, and limit your ability to save. Here are some things to keep in mind if you are still on the fence about whether you should rent or buy a home. When You Rent, You: Face Rising Rental Costs: Your monthly payments generally go up each time you sign or r ..read more

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still rising. You are undoubtedly feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I still buy a home right now? No one knows how long it’ll take to bring down inflation, which means the future trajectory of mortgage rates is also unclear. While that uncertainty isn’t comfortable, inflation and mortgage rates are essential for you and your homeownership plans. When you buy a home, the mortgage rate ..read more

If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting on your journey. But why is that? And is it still important in today’s shifting market? The truth is, getting a pre-approval letter from your lender is critical, and when it comes to your home search, it can be a game changer in many ways. Pre-approval from a lender helps you understand your actual price range and how much money you can borrow for your loan. That can make it easier when you set out to search for homes. Since you’ll know what you’re ..read more