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Colorado Real Estate | Colorado Front Range Real Estate Market Insight Blog

Monday, June 25, 2018   /   by Kevin Schumacher

Fourth of July Fun in the Colorado Front Range

Independence Day is just around the corner and if you haven't quite figured out your plans, we've compiled a mega list of fun for the whole family throughout the Front Range! Whether you are looking to celebrate traditionally with a parade and fireworks or just looking for local events to celebrate and entertain guest in town you can find your celebration plans here! 


Arvada

City of Arvada Fireworks | Stenger Sports Complex, Arvada CO

July 4th, 2018 | 9:00 PM *Gates open at 7:00 PM

This year Arvada will only be hosting fireworks and will not have live entertainment and food trucks as in the past. Guest are asked to enter the complex at West 58th Avenue and Oak Street.


Aurora

City of Aurora 4th of July Community Celebration | Aurora Municipal Centers Great Lawn, Aurora CO

July 4th, 2018 | 6:00 PM – 10:00 PM

Starting at 6 PM the city of Aurora will host their annual celebration featuring music, food, adult beverages and fireworks to follow! ...

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  championship real estate, colorado real estate, front range, terrell davis group

Tuesday, June 12, 2018   /   by Kevin Schumacher

When Is a Good Time to Rent? Not Now!

People often ask if now is a good time to buy a home, but nobody ever asks whether or not it’s a good time to rent. Regardless, we want to make certain that everyone understands that now is NOTa good time to rent.
The Census Bureau recently released their 2018 first quarter median rent numbers. According to their report, here is a graph showing rent increases from 1988 until today:
As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether or not you should renew your lease, you might be pleasantly surprised at your ability to buy a home of your own instead.

Bottom Line
One way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let’s meet to determine if you are able to today! ...

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  championship real estate, colorado real estate, front range, terrell davis group, first time homebuyers

Tuesday, May 22, 2018   /   by Kevin Schumacher

How Current Interest Rates Can Have a High Impact on Your Purchasing Power

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history!
The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.
Purchasing power, simply put, is the amount of home you can afford to buy for the budget you have available to spend. As rates increase, the price of the house you can afford to buy will decrease if you plan to stay within a certain monthly housing budget.
The chart below shows the impact that rising interest rates would have if you planned to purchase a home within the national median price range while keeping your principal and interest payments between $1,850-$1,900 a month.

With each quarter of a percent increase in interest rate, the value of the home you can afford decreases by 2.5% (in this example, $10,000). Experts&n. ...

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  championship real estate, colorado real estate, front range, terrell davis group, sellers, buyers

Monday, May 7, 2018   /   by Kevin Schumacher

This Just In: Data Says May is the Best Month to Sell Your Home

According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of5.9% above estimated market value for your home.
For the study, ATTOM performed an “analysis of 14.7 million home sales from 2011 to 2017” and found the average seller premium achieved for each month of the year. Below is a breakdown by month:

ATTOM even went a step further and broke their results down by day.
Top 5 Days to Sell:

June 28th – 9.1% above market
February 15th – 9.0% above market
May 31st – 8.3% above market
May 29th – 8.2% above market
June 21st – 8.1% above market

It should come as no surprise that May and June dominate as the top months to sell and that 4 of the top 5 days to sell fall in those two months. The second quarter of the year (April, May, June) is referred to as the Spring Buyers Season, when competition is fierce to find a dream home, which often leads to bidd! ...

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  championship real estate, colorado real estate, front range, terrell davis group, sellers

Friday, April 20, 2018   /   by Kevin Schumacher

Drafting the Right Team- What You Should Look for In Your Real Estate Agent

How do you select the members of your team who are going to help make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or lender?
The most important characteristic that you should be looking for in your agent is someone who is going to take the time to really educate you on the choices available to you and your ability to buy in today’s market.
As the financial guru Dave Ramsey advises:
“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”
Do your research. Ask your friends and family for recommendations of professionals they’ve worked with in the past and have had good experiences with.
Look for members of your team who will be honest and trustworthy; after all, you will be trusting them to help you make one of the biggest financial decisions of your life! ...

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  championship real estate, colorado real estate, front range, terrell davis group

The Kevin Schumacher Team at EXP Realty, LLC
2580 East Harmony Rd. Suite 201
Fort Collins, CO 80528
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. © 2022 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 May 18, 2022 12 AM. Information deemed reliable but not guaranteed by the MLS or Kevin Schumacher - The Kevin Schumacher Team / EXP Realty, LLC.
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