Housing Prices Up 4.9%—CoreLogic Reports

The COVID-19 pandemic has negatively affected a variety of industries, with airlines, casinos, and auto parts dealers facing the worst of it, and yet, real estate nationwide continues to grow. The CoreLogic House Price Index (HPI) report for June (a 3-month weighted average that is not seasonally adjusted) reports that as of June, housing prices are up 4.9% as compared…

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A Glossary of Basic Real Estate Words

Each industry has its own jargon which can be overwhelming to those on the outside. Even having bought or sold a few times doesn’t guarantee you’ve heard and understood all of the lingo. To help you out in your real estate journey we’ve put together some common real estate terms (and a few uncommon but important ones) to help you…

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What sellers need to know when negotiating an inspection objection

Once your home is under contract, the ball shifts into the court of the buyer. Legally, buyers are allowed to walk away from a deal for almost any reason. As a seller, you need to play your cards right to keep a buyer in the deal, especially when negotiating an Inspection Objection. Saying no to requests from a buyer can…

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Before You Sell Consider These Questions

The Denver/Boulder real estate market is still a hot one. Days on the market have increased but homes are still turning over quickly and prices continue to rise. Many homeowners wonder if now is the right time to sell and cash out on their investment.  Before you decide to sell, ask yourself these 5 questions:  Is it a want or…

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Beat the Competition with These Summer Staging Tips

Warmer weather and the freedom of summer has people feeling ready to move. Summer is one of the most popular times for real estate sales and gives you a good chance of selling fast. But, the Denver area market is shifting and sellers are having to compete for buyers more than in years past. Make your house stand out this…

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Stand Out from the Pack: Tips for Staging Your Home

Inventory in the Denver area is on the rise which means more competition for sellers. You want your home to stand out to buyers as the best, so what do you need to do? You could hire a home stager to really wow buyers, but if you’re looking to maintain a high bottom line then there’s a lot you can…

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Creating the Perfect Move: Details You Shouldn’t Overlook

You’re getting ready to put your home on the market, which means a move is coming. As a home seller, you have a lot of control over when you move, and you know that it’s coming up soon. Even two months can fly by before you know it, so it’s important to start getting prepared now so you can stay…

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The Influence of Rising Interest Rates on Home Selling

Interest rates have been on the rise for a few years now and have done little to slow the market in the Denver area. In general, experts are expecting a slight slow down in the market as interest rates continue to rise. Some experts even expect interest rates to rise about 5% in 2019. So what does this mean for…

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3 Reasons You Want to Work With a Realtor ® to Sell Your House

There’s a common myth floating around that you can save money by listing your home with a real estate agent. While this may feel true on paper, research shows that for sale by owner listings sell for 5.5 percent less than those that use a real estate agent. Here are 3 reasons why working with a real estate agent will…

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Tips for a First Time Home Seller

Purchasing your home was a big deal, but now it’s time to sell and you may be feeling overwhelmed. Home buying and selling is something that almost no one is an expert at,  but it doesn’t have to be complicated. Just a few tips can save you countless headaches. Hire a Real Estate Agent You may believe that you can…

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Improve Your Curb Appeal Before Selling This Summer

It’s no secret that the real estate market heats up in the summer. In the Denver area this makes what’s already a seller’s market even more of a seller’s market. But inventory is on the rise and competition is increasing. Making your home look nice from the outside can give a buyer an overall better experience and help your home…

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BuildSmart Regulations in Boulder County

Boulder County implemented BuildSmart regulations a few years ago and since then they have been tightening and perfecting the requirements for new developments. These building regulations are part of Boulder County’s Sustainable Energy Plan. All new developments in unincorporated Boulder County are required to follow BuildSmart regulations. Outside of the actual materials and inspection of the completed building, the BuildSmart…

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Does Your Home Need an HERS Rating

The Home Energy Rating System is the standard by which a home’s efficiency is measured and is the same nationwide. This can be good for a homeowner to obtain for many reasons, the first of which showing where modifications can be made to improve efficiency and lower energy bills in a home. But when you’re selling your home, is there…

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5 Energy Saving Tips for Your Home that Buyers Will Love

The green trend is still going strong and buyers love seeing homes that have energy efficient solutions. This doesn’t mean you need to replace all your appliances before putting your home on the market. With warm summer months coming up fast here in the Denver area,  you want your home to stay cool without blowing up the energy bill. There…

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Your Trees Still Need Water in the Winter

As a homeowner, you are the only person responsible for the health of your lawn, including your trees, unless you decide to hire a professional landscaper. When winter comes, many homeowners take a break from managing their plants outside because everything is in hibernation, but that may not be accurate. Here’s how to give you trees the water they need:…

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Negotiating on an Inspection Objection – What You Need to Know

Once your home goes under contract, the ball primarily lies in the buyer’s court. They are legally allowed to walk away from the deal for almost any reason. This means you have to play your cards right, especially when it comes to resolving the Inspection Objection. You don’t want a buyer to turn away when you refuse to make repairs,…

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5 Tips for Staging Your Kitchen to Help Sell Your Home

As they say, the kitchen is the heart of the home. Make your kitchen stand out by giving it some attention before you list. A clean and organized kitchen can wow almost any buyer and all you need is a little elbow grease. Here are our 5 tips to stage your kitchen before you list: Clean – And Again Kitchens…

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Fall 2017 Denver Real Estate Market Update

The Denver area real estate market is still going strong even after seeing a 2.75% decrease in housing prices from July 2017 to August 2017. Home prices in the area have still increased over 8 percent from August 2016. While the market is still turning over quickly, the Denver area is on it’s way to becoming a more normal market…

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What Does it Cost to Sell Your Home?

When you’re selling your home your focus is often going to be on the bottom line, and how to maximize it. This generally leads you to focus on list price and potential inspection items you need to fix, but have you factored in the other costs of selling your home? It’s more than just Realtor commission, and while you will…

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5 Aspects of Setting the Right Price

Listing your home at the right price can feel like a scene out of Goldilocks and the Three Bears. Too high and you might be on the market for a while, too low and it cuts into your bottom line. So how do we pick the price that’s just right? Well, it’s more of an art than a science. Here…

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Smart Home Updates to Help Your Home Sell Faster

Smart home technology is all the rage, and while not everyone needs these additions many buyers will go the extra mile to purchase an already equipped home. You don’t need to install voice-activated light switches to help push your home over the edge, but there are a few updates you can make to bring your home into the 21st century….

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A History of Housing Inventory in the Denver Area: Where Has it Gone?

There has been a lot of talk recently about the low inventory in the Denver area, but how low is low? Let’s walk through the past 10 years of inventory levels to see just how low inventory is these days. In January of 2007, Denver had 41 months worth of inventory. In January, in the dead of winter when real…

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What You Need to Know About Your Neighbors Before You Sell

In the current Denver area market, it doesn’t take much to sell your home. Inventory is still low and homes are being snatched up. However, if you’re looking to get top dollar for your home there are a few important things to keep in mind, starting with your neighbors. Here are 5 things to know about your neighbors (and neighborhood)…

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Tax Time in Colorado: How Your Property Taxes are Determined

Under Colorado law, all counties must reappraise real properties every two years. The Notice of Valuations (NOV) must be mailed to the property owners on or before May 1st, on odd numbered years (2017). The taxes will be for the following 2 years. The tax rates are set in December each year. For most properties, 2018 (Intervening tax year) taxable value…

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5 Outdoor Home Updates That Will Pay Off

It’s almost spring, or so they tell us, and you may have started thinking towards the summer with dreams of outdoor gatherings, beautiful gardens and maybe a firepit or built in grill. Before you run to grab your shovel and head to your nearest home improvement store, let’s dive into some numbers and make sure you aren’t throwing your money…

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The 5 Main Factors Appraisers Look at When Determining Your Home’s Value

With the steady rise in home prices in the Denver Metro Area over the past several years, some days it may feel as though home prices are simply pulled out of thin air. As a homeowner, you are able to control many aspects of your home’s value, but many are outside of your control. Regardless, it is important to understand…

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A Basic Real Estate Glossary

Each industry has its own jargon which can be overwhelming to those on the outside. Even having bought or sold a few times doesn’t guarantee you’ve heard and understood all of the lingo. To help you out in your real estate journey we’ve put together some common real estate terms (and a few uncommon but important ones) to help you…

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Denver Market Update: Inventory Down, but Prices Remain Up

It’s time for another Denver market update. The winter/holiday season is historically very slow for real estate and we generally see a slight dip in home prices. So what does this season hold for Denver? Let’s take a look at the Denver market as of November 30, 2016. Number of New Listings – 967 in November 2016, down from 919…

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The State of the Denver Real Estate Market: October 2016

Denver area home inventory has been at historic lows since early 2012. The question all real estate professionals are asking is, when will it recover? Low inventory means higher prices, with some areas seeing increases in value as high as 7.6% within a year period. This means buyers are struggling to find a home they can afford and sellers are…

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Home Staging Tips to Make Your Home Shine at Showings

You want to make your home stand out with potential buyers, but you also don’t want it to stick out like a sore thumb. So where’s the middle ground? Working with a home stager (get in touch and we can give you a recommendation) can have a huge impact on the amount of time your home is on the market…

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Take Advantage of a Hot Market: 7 Tips to Sell Your Home Fast

The Denver market is still smokin’ hot and will continue to gain steam as summer approaches. A hot market will help your house fly off the market, but there are still several important steps you need to take as a seller to help buyers see the best of your house. Here are my 7 tips to sell your home fast:…

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How Much Mold is Too Much?

How Much Mold is Too Much? We often face situations in homes where there is some mold or mildew that needs to be cleaned. The question is if we have to hire a professional to remediate. In most cases if the affected area is less than 10 square feet, you can handle the job yourself. This is per EPA’s documentation….

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How Property Taxes are Determined

This post describes how the property taxes are calculated and what are the timelines in order to appeal if your property tax seems too high. Property taxes are determined on odd-numbered years for 2-year tax periods. Property taxes determined in 2013 will be the taxes for 2013 and 2014 State statute requires that each property in the county be re-valued…

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Top 10 Cites for Home Sales

The Top 10 Best Cities for Home Sellers based on ZipRealty’s List Price to Close Price RatioReport are: San Francisco, San Diego, Sacramento, Las Vegas, Los Angeles, Orange County, Denver, Tucson, Portland and Seattle.

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“Unprecedented Opportunity for Sellers”

The Metrolist®, the Denver’s Multiple Listing Service, published a report titled “Denver’s Housing Market Continued to Recover in January Offering an Unprecedented Opportunity for Sellers“. The number of homes currently available on the market is at the lowest since 1990. “Year-over-year inventory levels continue to be low, home prices are up and average days on market (DOM) for Denver-area homes…

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NAHB: All Colorado metros ‘improving markets’ except Colorado Springs

Colorado Department of Local Affairs: For the second month in a row, all metro areas in Colorado, except Colorado Springs, are on the National Association of Home Builders’ Improving Markets Index. For much of 2012, Greeley, Boulder, and Ft. Collins were included on the “Improving Markets” list put out by the National Association of home Builders. The February list, released…

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2012 Wrap Up

Well,how did we do in 2012? I have wrapped up the highlights of 2012 in this short report full graphs and numbers. It includes information on the legislation front; rental market in Metro Denver, various vacancy rates by markets & dwellings, rent survey; Unemployment figures; Hiring; Home sales &Prices; new homes; and supply of homes on the market. Enjoy. 2012WrapUp

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