Thursday, December 8, 2022 / by Alex Merto
What’s Going on with Home Prices? Ask a Professional.
If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in each local market.
That means, moving forward, home price appreciation will continue to vary by location, with more significant changes happening in overheated areas. Here’s a quick snapshot of what the experts are saying
Danielle Hale, Chief Economist at realtor.com, says:
“The major question on the minds of homeowners and aspiring buyers alike is what will happen to home prices. . . Soaring prices were propelled by all-time low mortgage rates which are a thing of the past. As a result, home price growth is expected to continue slowing, dipping bel ...
buyers, sellers, colorado real estate, market trends, first time homebuyers, front range, championship real estate, move up buyers, renting or buying, home price index, kevin schumacher team, community
Friday, June 14, 2019 / by Jordan Waters
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.
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2 Myths Holding Back Home Buyers
Freddie Mac recently released a report entitled, “Perceptions of Down Payment Cs ...
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
Friday, December 28, 2018 / by Jordan Waters
Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes!
Home prices will rise at a rate of 4.8% over the course of 2019 according to CoreLogic.
All four major reporting agencies believe that home sales will outpace 2018! ...
colorado real estate, buyers, market trends, first time homebuyers, home price index
Thursday, December 13, 2018 / by Jordan Waters
Over the past few years, two trends have emerged in the housing market:
Home renovations have shot up
Inventory of homes available for sale on the market has dropped
A ‘normal’ housing market is defined by having a 6-month supply of homes for sale. According to the latest Existing Home Sales Report from the National Association of Realtors, we are currently at a 4.4-month supply.
This low inventory environment has many current homeowners worried that they would be unable to find a home to buy if they were to list and sell their current houses, which is causing many homeowners to instead renovate their homes in an attempt to fit their needs.
According to Home Advisor, homeowners spent an average of $6,649 on home improvements over the last 12 months. If that number seems high, it also includes homeowners who recently bought fixer-uppers.
A new study from Zillow asked the question,
colorado real estate, sellers, first time homebuyers, home price index, move up buyers, home renovation
Thursday, December 6, 2018 / by Jordan Waters
Are You Ready To Live Life On Offense?
Get ready for NFL Hall Of Famer, MVP, and Super Bowl Champion Terrell Davis along with his partner Real Estate entrepreneur Kevin Schumacher for “The Live Life On Offense” Podcast.
Terrell Davis and Kevin Schumacher dive deep into what it takes to develop the mental fitness for a Championship mentality in your business and life. What it takes to be a professional elite athlete goes hand and hand with what it takes to be an elite entrepreneur and person.
Being True To The Game is what it takes to live a life where you’re not just existing in it. The “Live Life On Offense” Podcast will feature in-depth conversations between Terrell and Kevin and interviews with guests that are champions in their careers and lives.
colorado real estate, sellers, buyers, home price index