There’s a national housing crisis going on right under your nose, and this is pushing home prices downward quite quickly. Despite these low prices, home sales are slower than expected for a few reasons. Experts and economists agree – things may be moving toward a new trend. A Slow but Steady Decline A report provided… [Read More]
Higher Credit Scores are Coming: Are You One of the Lucky Ones?
Although credit requirements for obtaining a mortgage are quite lax now compared to a decade ago, there are still plenty of potential buyers struggling to raise their credit scores enough for a traditional low-interest mortgage. A recent statement from the CDIA, or Consumer Data Industry Association, which is responsible for representing all three credit bureaus,… [Read More]
The Housing Market Slump Still Exists in Some Locations
During 2016, home values climbed in 96 out of the 100 biggest metro areas across the country. This is great news for the US economy, but there are a few places where the housing market slump still exists. Even as home prices continue to soar to near-record highs, sellers in other parts of the country… [Read More]
Fewer New Builds – Why the Sudden Slowdown?
New constructions have always played an important role in the real estate market. When the number of new builds is high, people have more homes from which to choose. When building slows down, however, prices tend to climb due to the standard rules of supply and demand. Recently, new construction rates have started to slide,… [Read More]
Do Walk-In Closets Improve Home Values?
When home buyers discuss the features they look for most in homes, several things usually top the list. They want nice, spacious kitchens, relaxing bathrooms, large bedrooms, and walk-in closets. If you’re thinking of selling your Denver-area home, it may be worth your while to create walk-in closets – especially in the master bedroom or… [Read More]
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