Reframing Your Home Buying Mindset: Unlocking Denver’s Hidden Gems in 2025
Are you a first-time homebuyer feeling overwhelmed by affordability in Denver’s housing market in 2025? You’re not alone. With median home prices hovering around $575,000, many aspiring homeowners are concerned about affordability. But what if we told you there’s a way to live in your dream neighborhood without breaking the bank? Let’s explore how reframing […]
The Impact of High Mortgage Rates on Denver Homebuyers in late 2024
Denver’s Shifting Real Estate Landscape The Denver housing market has long been known for its competitiveness and rising prices. However, the recent surge in mortgage rates has introduced a new dynamic, significantly impacting homebuyers in the Mile High City. Let’s explore how these elevated rates are affecting the market and what it means for those […]
Living in Denver Colorado: Pros and Cons Revealed
Denver, Colorado, is a big city and the capital of the state. It’s the most populated city in Colorado, with about 715,522 people in 2020, up by 19.22% since 2010. It ranks as the 19th most populated city in the United States and the fifth most populated state capital. Denver has pretty nature and cool […]
What Is a Mortgage? How They Work and its Types
Have you ever wondered how people can afford to buy a house? Well, one big reason is something called a mortgage. It’s like a special kind of loan that helps you buy a home, even if you don’t have all the money upfront. In America, people owe a total of $12.14 trillion on 84.0 million […]
Buying a Condo in Denver: The Importance of FHA and VA Approval
Denver’s real estate market is bustling with opportunities, especially for those looking to purchase condos with FHA (Federal Housing Administration) or VA (Veterans Affairs) loans. These government-backed loans offer distinct advantages but require that the condos meet specific approval criteria. Understanding the importance of these approvals can streamline your purchasing process and broaden your housing […]
The Essential Guide to Home Inspections in Denver: What You Need to Know
When buying a home in Denver, it’s essential to get thorough home inspection is crucial to ensure you’re making a wise investment. Here are 6 critical areas your home inspector should evaluate, along with insights on common misconceptions and a few tips for inspections on new construction homes. 1. Water Damage and Drainage The single […]
Understanding Mortgage Rates in Today’s Climate
As a mortgage originator, I understand navigating interest rates when buying can be a major concern for prospective homebuyers. As of December 11, 2023, the average 30-year fixed mortgage rate is 7.56%. While this is higher than historical averages, it’s important to remember that rates are cyclical and can fluctuate over time. Also, it is […]
FHA’s New ADU Underwriting Guidelines
A Bright Future for Renters-turned-Investors through FHA’s new announcement for ADU income. Attention, Millennial and Gen-Z renters! If you’ve been eagerly waiting for a window of opportunity to delve into real estate investment, now might just be your time! With the new FHA underwriting guidelines for ADU financing, you could find yourself taking advantage of […]
VA Loan House Hacking: A Guide for Veterans
The Ultimate VA Mortgage Hack for Building Wealth Ever thought your VA mortgage benefits could get even better? Prepare to be mind-blown because there’s a lesser-known house hacking technique with your name written all over it. Read on for the ultimate VA Loan House Hacking Guide for Veterans. And no, this isn’t about buying a […]
The Magic of House Hacking: A Duplex & FHA Mortgage Combo
Ever fancied the idea of someone else making half your mortgage payments? No, we’re not delusional. And yes, it’s a genuine possibility. Let’s dive into a clever, yet completely achievable, strategy to get the most out of your first home-buying experience in 2023. The Charm of a Duplex For the uninitiated, a duplex is essentially […]
Homes for sale in Denver saw another big jump last month, reaching its highest level in nearly 6 years
According to new monthly data released by the Denver Metro Association of Realtors DMAR), May ended with 8,891 active listings, an increase of nearly 27% from the month before and a 38% increase from May 2018. May’s inventory was also the highest the market has seen since November 2013, when there were 9,352 homes on […]
2 Reports That Say Now Is a Great Time to Sell Your House
Heading into the spring buying market, there are strong trends starting to emerge. The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at a slower rate. The homeownership rate has reached heights last seen in 2014, with millennials […]
