Yesterday I saw that the Jumbo Loan‘s interest rate is 5% for a 30 year fixed! This is the best news I’ve heard in a year. The Denver real estate market’s upper end stalled last year as the rates and ability to get a jumbo loan ($417,000+) became increasingly harder. People decided to wait if […]
7 Secrets for Denver Real Estate Buyers
Some Denver area neighborhoods and price ranges are not a buyer’s market, they are a seller’s market. The first clue that it is a buyer’s market is by the amount of inventory available. Even if there is a lot of inventory you need to be aware of who the seller is and what their motivation […]
The Spire – “Get inSPIREd”
There is a plan for 14th Street, Downtown Denver’s next primo Real Estate, it will be our “Ambassador Street” and similar to a Times Square. It is the main drag to the Denver Center of Performing Arts. It has been one of the most under developed streets as the rest of the city began to […]
Six Months Gone, Only 102 Days Left for Some
As we analyze the first half of the year, Denver Real Estate is looking good. Currently we have 20,251 Active Listings in the MLS, last year we had 26,104 Active Listings. Wow, a 20% reduction in inventory! There is a 4.7 month supply of Single Family Homes and 5.9 month supply of Condos. Traditionally six […]
Buyers: Who is the seller?
When purchasing a home, we all want to negotiate, be clear who your seller is so you can negotiate properly.