Wednesday, September 16, 2020 / by Kevin Schumacher
[MARKET UPDATE] Front Range Real Estate September 2020
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It’s Not Just About the Price of the Home
When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage rates. Low rates are actually making homes more affordable now than at any time since 2016, and here’s why.
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Just How Stong is the Housing Recovery?
The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at two measures that explain the resilience of the real estate market.
Featured Kevin Schumacher Team Home Listing
549 Brennan Circle, Erie, CO 80516
Fantastic 3 bedroom, 3 bathroom spacious Townhome in the beautiful Brennan by the Lake community. This highly sought after end-unit features a main floor master suite with a luxury master bath and main floor laundry.See all the HD Photos, Price & More
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