If you need assistance, please call 720-230-3030

[MARKET UPDATE] Front Range Real Estate June 2019

Friday, June 14, 2019   /   by Jordan Waters

[MARKET UPDATE] Front Range Real Estate June 2019


Colorado Market Trends

Want More Info or to Check Another City? Click Here to View a Detailed Real Estate Market Report

Mortgage Rates Sink to their Lowest Levels in 21 Months After 6 Weeks of Decline

In November, mortgage rates appeared ready to soar across the 5 percent threshold. Seven months later, concerns over trade and global growth have driven them below 4 percent.

According to the latest data released Thursday (6/6) by Freddie Mac, the 30-year fixed-rate average sank to 3.82 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount and are in addition to the interest rate.) It was 3.99 percent a week ago, and 4.54 percent a year ago. The 30-year fixed rate fell for the sixth week in a row and hasn’t been this low since September 2017.
Read the Full Article

2 Myths Holding Back Home Buyers

Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.”Their research revealed that, For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning to purchase a home is their perception of how much they will need to save for the down payment…

…Based on our recent survey of individuals planning to purchase a home in the next three years, nearly a third think they need to put more than 20% down.”


 

Continue Reading


Featured Kevin Schumacher Team Home Listing

Colorado Market Trends
13547 Detroit Street, Thornton, CO 80241

Beautiful 3 bedroom, 4 bath home that has been meticulously cared for by 1 owner. This home features an open floor plan, hardwood floors, vaulted ceilings, multiple living spaces in addition to the formal dining area, a gas fireplace, granite counters in the kitchen with a large island and main level study. Outdoor you will find established landscaping and a large covered back deck perfect for entertaining! Many neighborhood amenities including a pool and easy access to I25 for commuting! 

See all the HD Photos, Price & More


Home Value  

Connect With Our Team on Social Media!

Keep up to date with Front Range Market Trends, Community Events, Contest/Giveaways and More!

        

All data is based on information from IRES inc, METROLIST inc, DBA RECOLORADO® and Matrix v7.1. CoreLogic. Data reflected includes attached dwellings in each cities market. The Terrell Davis Group does not provide any guarantee and is not responsible for accuracy. Data maintained by IRES inc. and METROLIST inc. may not reflect all real estate activity in the market.

Subscribe to Monthly Market Trends

  colorado real estate, buyers, sellers, front range, championship real estate, market trends, first time homebuyers, move up buyers, home price index, renting or buying, kevin schumacher team

The Kevin Schumacher Team at EXP Realty, LLC
1615 Foxtrail Drive, Ste 260
Loveland, CO 80538
720-230-3030

Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2020 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or eXp Realty LLC. *Not intended to solicit buyers under buyers agency, not intended to solicit listings currently listed.*The statements and opinions contained in this advertisement are solely those of the individual author and do not necessarily reflect the positions or opinions of eXp Realty, LLC, or its subsidiaries or affiliates (the “Company”). The Company does not assume any responsibility for, nor does it warrant the accuracy, completeness or quality of the information provided.
Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2020 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 28, 2020 5 AM. Information deemed reliable but not guaranteed by the MLS or Kevin Schumacher - The Kevin Schumacher Team / EXP Realty, LLC.
This site powered by CINC: www.cincpro.com