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2024 Continues to be a Tough Year for Home Buyers
Challenges for Home Buyers Buying a Home in September 2024 Challenges for Home Buyers 2024 has been a tough year for everyone. Byers, sellers and agents. Buyers are facing higher home prices, higher interest rates, lower inventory, the NAR settlement and economic uncertainty. Sellers are dealing with buyer’s remorse, longer days on market, terminations for no…
First Time Home Buyers 10 Things You Should Know
First Time Home Buyers: 10 Tips to Keep in Mind First and foremost YOU NEED A REAL ESTATE AGENT when buying your first home. First time home buyers are not familiar with how real estate transaction work. No fault to them. There are plenty of things I know nothing about because I haven’t experienced them first…
Living in Colorado the Highs and Lows
Colorado, often referred to as the Centennial State, offers a stunning tapestry of natural beauty, a thriving cultural scene, and an unparalleled outdoor lifestyle. Whether you’re a nature enthusiast, sports fanatic, or culinary connoisseur, Colorado has an array of experiences that cater to diverse tastes and preferences. In this comprehensive guide, let’s delve into what makes…
Rising Interest Rates and Their Impact on Homeowners
Rising Interest Rates and Their Impact on Homeowner Mobility and the Real Estate Market Explore how rising interest rates in 2022 impacted homeowner mobility, real estate listings, and house prices. Learn about the lock-in effect and its broader economic implications. The sharp increase in interest rates during 2022 introduced significant “lock-in” effects for homeowners holding low,…
The Mortgage Maze as a Self-Employed Individual
Navigating the Mortgage Maze as a Self-Employed Individual When buying your new home if you will be Securing a mortgage while self-employed it may seem like navigating through a complex maze, fraught with financial documentation and unpredictable turns. However, with the right preparation and understanding, self-employed individuals can successfully obtain a mortgage by showcasing their reliability…
DOJ Raises Concerns Over NAR Settlement and Buyer Agent Agreements
DOJ Raises Concerns Over NAR Settlement and Buyer Agent Agreements Explore the DOJ’s concerns over the NAR settlement, its potential impact on buyer-agent agreements, and what it means for the future of real estate practices. The U.S. Department of Justice (DOJ) recently weighed in on the $418 million settlement proposed by the National Association of Realtors…