As people near or enter retirement, one of the decisions that typically comes up is whether to sell their “big” home and buy a smaller one. If you know anyone who has been faced with that situation, selling one home and buying a smaller one may not save enough money to make it worthwhile. There […]
Archives: May 2018
How to WOW buyers at an Open House
How has tax reforms impacted housing market?
5 Ways Tax Reform Has Impacted the 2018 Housing Market Starting late last year, some predicted that the 2018 tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that homeownership could lose its coveted […]
This weekend in Colorado Springs!
Downtown Colorado Springs 1 N. Tejon Street, Colorado Springs, CO 80903 Go out this Saturday, May 12, 2018 from 11:00 am-4:00 pm for an afternoon of fun fashion-focused activities at eight downtown retailers. There will be demos, mini-makeovers, special designers, demos, games, prizes and giveaways. So grab your shopping buddy, pick up your free passport […]
Accept or reject an offer?
What to expect for a home inspection
So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or even, in […]
Are you from Colorado?
Are there any other Colorado natives out there who were under the impression that Coloradans do NOT have accents? Apparently we do, as “outsiders” do not pronounce words the same way. I say this is a matter of non-Coloradans not knowing how to properly pronounce certain words! If you are not sure what I’m referring […]
Assumptions May be an Alternative
For the last 25 years, most buyers have gotten a new mortgage or paid cash when purchasing a home. For a practical reason, owner-occupant buyers have another alternative: assuming a lower interest rate existing FHA or VA mortgage. In the late 80’s, both FHA and VA began requiring buyers to qualify to assume their mortgages. […]
Fix noisy windows for good
Quick, affordable ways to address those annoying drafty windows now, plus some ideas for the long term. Do your friends nominate your house for the Halloween bash every year because your rattling windows with their billowing curtains add that just-right eerie feel they want for their creepy celebration? Maybe that’s fine for fall, but when […]
Today’s market is not 2006 again
With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed. Today’s market is quite different than the bubble market of twelve years ago. There are four key metrics that explain why: Home Prices Mortgage Standards Mortgage Debt […]