Throughout Women's History Month, we reflect on women's impact on our lives, including the impact on the housing market. Why is homeownership so important? In fact, since at least 1981, single women have bought more homes than single men each year, making up 17% of all households. Why Is Homeownership So Important to Women? Owning a home is a universal symbol of financial independence. Not only does...
If you’re thinking to sell your house, working with someone who understands how the market is changing and what it means for you is important. Here are five reasons working with a professional can ensure you’ll get the most out of your sale. They’re Experts on Market Trends Today’s housing market is defined by change; it’s critical to work with someone who knows the latest information and how it...
Saving for a down payment is a significant hurdle for many first-time homebuyers. The down payment is a crucial aspect of homeownership, as it determines your initial equity in your new home and can affect your mortgage terms. While it may seem challenging, with the right strategies and discipline, you can make progress toward your down payment goal. In this blog post, we will provide you with practical...
Retirement is a significant milestone in one's life. It's a time when individuals can finally enjoy the fruits of their labor and relax after years of hard work. One aspect that people often consider during retirement is real estate investment. Investing in real estate can be a smart financial move, providing stability and potential income for retirees. However, it's essential to approach retirement real...
Fondly known as the mile-high city, Denver sits at an altitude of 5,280 feet as the state capitol of Colorado. Its 300 days of sunshine each year, and proximity to the Rocky Mountains, make it a true paradise for outdoor enthusiasts. Many residents spend summer weekends camping or hiking and winter weekends hitting the slopes. Denver has the country's most extensive city park system, with more than...
In January 2023, home prices in Colorado were up 1.9% compared to last year, selling for a median price of $546,200. On average, the number of homes sold was down 31.5% year over year, and there were 3,807 homes sold in January this year, down from 5,577 homes sold in January last year. The median days on the market was 53 days, up 27 years over year. Are there enough homes for sale to meet buyer...
Today, homes with curb appeal that are presented well are still selling quickly and sometimes over the asking price. To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. There are more homes for sale than last year, but inventory is still historically low. So, if a house has been sitting on the market for a while,...
According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits so that interest is understandable. However, all 28 million Americans will unlikely accomplish that goal in the coming year. Experts project around five million homes will be sold in...