The real estate market looks to continue as one that favors sellers over buyers for the foreseeable future. Unknowns that could affect the status quo at this time include the effect higher interest rates will have on buyer activity, matched with the general uncertainty of the global situation.
With low housing inventory, more buyers are considering purchasing vacant land as an option, then building to suit. As with anything in life, there are pluses and minuses involved and important decisions to be made along the way.
Whether preparing your home for market, or just looking for ways to get more satisfaction and pride in home ownership in general, there are multiple ways you can improve both the aesthetic and monetary value of your home without necessarily breaking the bank in the process.
COVID-19 has brought changes to everything, and home design is no exception. Experts are expecting to see lasting impacts on everything from the materials we use to the rooms we prioritize. Check out these and other noteworthy trends:
With interest rates at record lows, consumers face a number of choices for managing their money. Whether they want to save, spend or invest, consumers are encouraged to consider their options and choose the strategies that best suit their particular financial circumstances.
As Colorado transitions out of lockdown toward a loosening of COVID-19 social and economic restrictions, it can become confusing as to what is and isn’t permitted, especially due to the overlap and often conflict between state and locally mandated protocols.
If the current medical crisis teaches us one thing, it is that no one exists in a bubble. Mother Nature, the economy, society and our social networks are all intertwined in ways we never would have imagined a few months ago.
From the outside looking in, life in a small-town community can seem idyllic. Rush hour is three cars ahead of you at a stop sign. People make eye contact and stop to talk to each other in the street. The checkout operator at the food store knows you by your first name.
So you’ve just bought a piece of property with a lovely creek or irrigation ditch running through the middle of it. This water feature not only adds aesthetic appeal to your property, but gives you plenty of options for enhancement through watering, creating a pond or even to build a bridge …
Multiple options are available for financing a property purchase – specialist mortgage lenders such as banks, mortgage brokers, owner finance, private investors or, perhaps, just keeping it simple and paying cash.
Price per square foot is one of the most popular metrics for estimating the value of a home, but how accurate is it? As with most aspects of real estate, the answer is, it depends.
Over the next few months, we’ll look at what buying and selling a home entails, from preparing a home for sale, preparing to search for a home to buy, what happens behind the scenes for both buyer and seller while a home is under contract, through to the closing itself.
The state of Colorado recognizes the direct connection between surface water – that found in rivers and streams – and ground water – that contained in subsurface aquifers. The depletion of one source has a direct impact on the health and supply of the other.
You are thinking of making a major renovation to your home. Perhaps it’s time to create that master bedroom suite you long have admired or install that wrap-around porch? What is the first thing that should be done before getting down to business?
When is a bedroom not a bedroom? What makes an office an office? What dictates the required size of a septic system – the number of bedrooms or the number of bathrooms?
May’s real estate statistics are largely a continuation of the previous. Most indicators – average sales price, number of listings and sales – are up, while days-on-market is down slightly.
Buying a home is the single largest investment that most people will make in their lifetime. It is important to take an honest look at your budget first to make sure you are fully prepared to buy a home. Preparation is key to navigating today’s market. Let us offer these tips to help your ho…
Appearance is crucial when selling your home. Making your home look sensational will go a long way in being able to get what you want out of the property. It’s here that staging comes into play. But many homeowners aren’t able to afford the cost of a professional stager. Thankfully, you don’…
It may seem hard to imagine but, yes, the cycle has spun around and in some markets there are bidding wars leaving buyers wondering, “What can I do to make my offer stand out?”
If you’re hiring someone to inspect the home you want to buy, or you’re a seller trying to find out if there are any hidden problems that need fixing before you put your home on the market, here are five things you need to know:
When you are hosting an open house or showing your property to potential home buyers, you want them to see it as a home they could live in. That’s where staging comes in. According to Coldwell Banker, homes that were staged spent half the time on the market than homes that were not, and they…
The American dream of owning a home is something everyone should have if they want it. You should be able to live where you want and enjoy the features of your environment that help you relax, entertain, play, and do more of the things you enjoy without the restrictions imposed by a landlord.
I’m sure you’ve heard of curb appeal but what about side-yard appeal? Sellers that have side yards may be squirming right now as they look for the fastest way to change the topic. Yes, side-yard appeal matters too and those often slim, tucked away (to the side of the house, of course) areas …
Planning to sell your home this summer? You may have a little - or a lot - to do in order to get your home market ready. But you don’t need a huge budget. These 10 tips can help you get it looking great with little effort, and cash.
In recognition of American Housing Month, it is important for renters and home owners to have essential information regarding choosing the right housing option, getting a loan and improving their credit score.
You may think that autumn isn’t the best time to showcase your home, but you’d be wrong. Yes, fall days are shorter, with fewer hours of daylight for buyers to see your home. There may be many days of grey skies, rain, or early snowfall.
By finishing your basement, you can gain more living space while reducing the amount of energy loss from downstairs. Basements that are not fully finished typically do not have insulated walls or covered flooring. This can result in heat loss and cause your furnace to work overtime.
Renting out a home is a great way for homeowners to earn some extra income. Some homeowners rent their homes in an attempt to wait out a sagging housing market, while others see renting their homes as a long-term commitment to their financial futures.
Commercial farms are often blamed for the vast array of contaminants that find their way into water supplies and the soil itself. But home-gardening enthusiasts may also be contaminating water and soil through the use of pesticides.
Home ownership opens people’s eyes to many new experiences, even requiring homeowners to familiarize themselves with certain things they never encountered as renters. Homeowners become novice plumbers, electricians, horticulturists, and even chemists as they wade through the projects and rep…
Some home renovation projects require the expertise of professionals, but there also are many ways for homeowners to improve their homes without hiring a pro or spending too much money. The following are a handful of DIY renovation projects homeowners can tackle in a typical weekend.
Selling a home can be exciting. Homeowners who made considerable financial commitments when buying their homes may be anxious when the time comes to get returns on their investments, but selling a hope need not be so nerve-racking.
Home improvement projects can turn a house into a home. Homeowners plan scores of renovations to transform living spaces into rooms that reflect their personal tastes and comforts.
Homeowners choose renovation projects for a variety of reasons. Although many improvements are made to increase functionality and comfort of a home, several others are seen as worthwhile investments. These investments can add up to a higher resale value when the time comes to sell a home.
Curb appeal can go a long way toward making a home more attractive to its inhabitants as well as prospective buyers once the house is put on the market. Improving curb appeal is a goal for many homeowners, and while many projects aimed at making homes more aesthetically appealing can be cost…
Historically, the appreciation rate for real estate is very strong. Even when the housing market declines, long-term investors in real estate can rest easy knowing that property values tend to rebound rather quickly, rewarding patient investors in the process.
When homeowners think about renovating their properties, many first need to secure some funding to finance such projects. Some may tap into the equity of their homes by refinancing an existing mortgage, while others may apply for home equity loans. Taking the latter approach may require cert…
Editor’s note: “Ask the Mountain Mail” is a new feature allowing readers to write in with their questions, which the editorial staff will look into and try to answer. Questions should be directed to Managing Editor Paul Goetz at either email@example.com, 539-6691 or 125 E. Second St.