I have been asked many times, “Is now a good time to invest in real estate with the uncertainty of our current coronavirus environment?” There is always some risk in any sort of investment, anytime, anywhere. For purposes of this article, we will take a look at residential real estate and analyze the factors […]
Real Estate Investment Information
Looking to invest your money in Real Estate? We've got answers to your questions and tips for success!
Coronavirus and Refinancing Your Home
The coronavirus pandemic has pushed the mortgage rate to historic lows due to investors fleeing to the safety of government securities.. (Photo: Bigstock). The coronavirus pandemic has pushed the mortgage rate to historic lows due to investors fleeing to the safety of government securities. Fixed mortgage rates tend to follow the ups and downs […]
Help with Rent During the Coronavirus Crisis
On July 17th the State of Colorado government announced a $20 million fund, which will assist tenants and landlords with rent and mortgage payments during the coronavirus crisis. The fund’s source is the federal CARES Act. The money is distributed through a variety of housing entities throughout the state. Tenants and owners of residential real […]
Coronavirus and College Student Housing
2020 will be a year we all remember for a variety of reasons COVID-19 most of all but for college students, this school year will start out like no other. Boulder, Greeley and Fort Collins are college towns, and thousands of students are ready to come to the region to start or continue their college […]
Coronavirus and the Local Residential Real Estate Market
Changes are taking place in the real estate market due to the Coronavirus pandemic. (Photo: Bigstock). The coronavirus pandemic has hit the global and national economy, but as stay-at-home orders have been gradually lifted, changes are taking place in the real estate market. To learn how COVID-19 has affected our local residential real estate […]
Coronavirus and 1031 Exchanges
A 1031 Exchange is a tax-deferred real estate transaction that “swaps” one investment property with another investment property under very strict IRS rules for the timeline and deadlines that structure the transaction. Recently, stay-at-home orders suspended in-person showings of properties, making it tough to identify a replacement property in a timely manner. This adds pressure […]
Stay at home and plan your next or first-time home purchase
Shelter-in-place and stay-at-home orders have had an immense impact on our lives. Owning a home and having a place where you feel safe has never been so crucial in recent history. While we are all staying home, it is a great time to get organized to ensure your next home or first-time home purchase goes […]
Interest Rates Are At a Three-Year Low. Should I Refinance?
It’s time to consider refinancing your mortgage again! According to Freddie Mac, the average interest rate on a 30-year mortgage on February 6, 2020 was 3.45%. The last time rates were in this category was on July 7, 2016 when Freddie Mac reported an average interest rate of 3.41%. Rates this low don’t tend to […]
Why Invest in Real Estate?
Most people consider their single-family home they live in as an investment in real estate. In fact, when they fill out a financial statement, it is even listed as an asset. It’s true that the home will likely go up in value over the years, and as the loan is paid off, it could represent […]
Gazing into the 2020 real estate crystal ball
Don’t you wish you had a crystal ball with perfect 20/20 vision of the future of real estate? Colorado is an extraordinarily good place to buy real estate, but specifically, Boulder County is a prime location for purchasing property. Over the last 40 years I have been a Realtor® here, we have had solid real […]