In a world where everything seems available for rent — from scooters and car rides to first-time apartments and even long-term homes — the value of homeownership stands out more. In 2024, owning a home holds greater significance for individuals in America than ever before. In a world where everything seems available for rent — […]
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Buying or refinancing soon? Check your credit!
When interest rates decline, you might question whether refinancing is worthwhile. Springtime is almost always the strongest real estate season in Colorado. After the winter storms and cold temperatures, people are ready to get out, buy houses, sell houses and enjoy being more active. However, in the spring of 2024, prices were still rising, interest […]
I hear interest rates are dropping! Should I refinance?
When interest rates decline, you might question whether refinancing is worthwhile. It could be a good idea to check your current home interest rate and determine if refinancing might be beneficial. According to Freddie Mac, the average interest rate peaked at 7.79% in October 2023, but as of August 2024, it has decreased to 6.46%. […]
Realtor for Life: Increase the velocity of your wealth with an Accessory Dwelling Unit (ADU)
An Accessory Dwelling Unit (ADU) is an additional living space that includes its own kitchen, sleeping area, and bathroom. An Accessory Dwelling Unit (ADU) is an additional living space that includes its own kitchen, sleeping area, and bathroom. Regulations for ADUs differ nationwide. In Boulder, ADUs can be either attached to or separate from a […]
College home buying starts now – Part 2
Buying a home for your college student is a major decision. By consulting the right professionals, you can develop a housing plan that offers numerous short and long-term benefits for both your student and your family. In Part 1 of my previous article, “College Home Buying Starts Now,” I explored how buying a condo or […]
College home buying starts now – Part 1
A college property purchase can prove to be an astute financial investment as well as a superb learning experience for the student. Every August in college towns across the country, college students start to return for the fall semester, resulting in a frenzy of real estate activity. Because rental housing tends to be tight in […]
Saving the family vacation home
The idea of having a vacation home can be very exciting. In fact, many Colorado residents do have vacation homes in ski country, or in the islands to get out of the snow. The idea of owning a vacation home is very appealing to many, including Colorado residents who often own properties in ski country […]
Buying a 4-unit apartment for your first home
In response to the increase in property values, the FHFA has declared an increase in the maximum baseline conforming loan limits for Fannie Mae and Freddie Mac-acquired mortgages for home loans in Colorado for the year 2024. Typically, when individuals embark on their journey as first-time home buyers, their initial considerations often revolve around condominiums, […]