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Home Features Most Desired by Age
How do you compare for your “must haves”? Home buyers are demanding more home features that help them save energy and keep the home organized, a new study released by the National Association of Home Builders, “Housing Preferences of the Boomer Generation: How They Compare to Other Home Buyers” reveals. However, the generations – millennials…
Common Myths and Misunderstandings about Shopping for Homes
You’ve been searching for homes online, driving by interesting properties in your car, and found one that looks perfect. What do you do next? Contact the agent featured on the yard sign and the online listing? While that may sound like the most logical step, it’s a common home buying mistake based on several myths…
Median Home Values in the Colorado Mountain Region are up 29%
Glenwood Springs is up 13% and New Castle is up 7 % year over year. Condos and Townhouses are up dramatically more. Check out all the real estate market statistics from the first quarter here:
Foreclosure Myths
Beginning in 2007, and more like 2008 in the Roaring Fork Valley, foreclosures rocked the real estate world. Like an out-of-control freight train, they began decimating the market, peaking in 2009. Myths and rumors began propagating like mushrooms as consumers struggled to understand the new reality. Although many misconceptions have come and gone, we still…
Short Sale Process is Improving
This is just a quick note for anyone that is considering a short sale: Recently in my business, I have noticed a dramatic shift in the attitudes and effectiveness of banks/mortgage lenders when presented with an offer for a short sale on a home. 18 month ago, when i really started doing these, it was…
Home sales rebounded in 49 states in Q4, and 78 markets had price gains over last year
Data provided by: NAR Metropolitan Area Existing-Home Prices and State Existing-Home Sales The Quarterly Reports NAR releases statistics on state-by-state existing-home sales and metropolitan area median home prices each quarter. The state existing-home sales report includes single-family houses, condos and co-ops. The price report reflects sales prices of existing single-family homes by metropolitan statistical area…