It’s no secret that we’re in the midst of a historic housing shortage. With the possibility of new construction easing the inventory strain unlikely in the near future, agents need to focus on working with what already exists, Veronica Figuer...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-06-18 09:25:13

The coronavirus pandemic hit many U.S. homeowners hard, leading them to opt into national mortgage forbearance plans while struggling to stay afloat. About 2.2 million homeowners are now enrolled in forbearance plans, according to the New York Fed...

Posted by: RE/MAX Masters Millennium
Category: Market Trend
Date: 2021-06-17 09:18:22

Rent prices across the country are growing at breakneck speed, now more than double what they were at the same time in 2020. According to the latest Single-Family Rent Index report from CoreLogic released on Tuesday, nationwide rent prices grew at...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-06-16 09:02:21

After a year of frantic activity on the market for second homes, Redfin has found evidence that suggests demand may be starting to normalize for these getaway spots and investment properties. Each month for roughly a year now, buyers have locked i...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-06-15 09:26:44

Golfers are hitting Colorado’s golf courses in record numbers with great weather and the end of the virus in sight. The Denver area in particular is blessed with a multitude of world-class golf courses that rival any in the country, and most are su...

Posted by: RE/MAX Masters Millennium
Category: Community Service
Date: 2021-06-14 09:28:35

Mortgage rates were stable this week as the Federal Reserve prepares for a meeting next week where the latest inflation numbers and a potential tapering of the Fed’s mortgage bond purchases are likely to be on the agenda. For the week ending Jun...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-06-11 09:18:33

According to the latest numbers from CoreLogic released on Thursday, the average American homeowner with a mortgage gained 19.6 percent in equity in the first quarter of 2021, which amounts to a $33,400 — the highest annual gain per borrower in at ...

Posted by: RE/MAX Masters Millennium
Category: Market Trend
Date: 2021-06-10 09:04:57

It’s a classic suburban conundrum: If you want more space without having to pay through the nose, you probably have to look further out from the city. But movers took this principle to new extremes in the first year of the pandemic, according t...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-06-09 09:42:55

Ever toss and turn at night wondering to yourself: Are “intrinsic” or “extrinsic” elements going to help or hurt my properties? I decided to take a closer look and try to figure out how these elements matter. Real estate represents one of ...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-06-08 08:59:24

Most Americans think it’s a bad time to buy a home, but nearly three out of four say they’d still rather buy then rent the next time they move. Those are the latest findings of an in-depth monthly survey of consumer attitudes about housing mar...

Posted by: RE/MAX Masters Millennium
Category: Market Trend
Date: 2021-06-07 08:52:48

Mortgage rates continue to hover not far above historic lows, an incentive for would-be homebuyers and homeowners who could benefit from refinancing. Freddie Mac’s latest Primary Mortgage Market Survey showed little change in average rates over the...

Posted by: RE/MAX Masters Millennium
Category: Market Trend
Date: 2021-06-04 08:46:39

For the third month in a row, home prices have experienced double-digit annual growth across the country According to the latest CoreLogic Home Price Index report released on Tuesday, home prices increased 13 percent year over year and 2.1 percent...

Posted by: RE/MAX Masters Millennium
Category: Market Trend
Date: 2021-06-03 09:19:23

Even in the face of record-low inventory and skyrocketing median home prices, homebuyers aren’t giving up on their homeownership dreams, as evidenced by Redfin’s latest market report released on Friday. A whopping 51 percent of homes sold above l...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-06-02 09:10:29

Homebuyers in the metro Denver area are willing to pay big premiums over the list price in what is being called an “insane” market. Whatever it takes to get a contract on a home, buyers are quick to step up to the plate. The outrageous pace is...

Posted by: RE/MAX Masters Millennium
Category: Market Trend
Date: 2021-06-01 10:01:25

Sell Your House for Retail Value? Or Wholesale Value? Which method is perfect for you? If you’re thinking about selling your home, there is more than one way to do that, depending on your real estate goals? You can sell your home for retail val...

Posted by: Vickie Hall
Category: For Sellers
Date: 2021-05-29 02:35:30

Mortgage rates retreated this week, even as support builds at the Federal Reserve to begin discussions on when to taper bond purchases that have kept a lid on long-term interest rates. Freddie Mac’s weekly Primary Mortgage Market Survey showed t...

Posted by: RE/MAX Masters Millennium
Category: Market Trend
Date: 2021-05-28 14:03:51