What does the Georgia Senate race mean for real estate?
As Georgia flipped Democratic, treasury rates jumped to their highest since March. Why? What does this mean for interest rates and in turn real estate in both the short term and long term?
Sections
Extra
Social Menu
As Georgia flipped Democratic, treasury rates jumped to their highest since March. Why? What does this mean for interest rates and in turn real estate in both the short term and long term?
The main economic drivers in 2021 will be the rollout of the vaccine, the work from home and now the back to the office phenoms, the shift to online shopping, and the flight to suburbia. What does this mean for Colorado real estate in 2021?
Real estate experts say pandemic influences include pent-up demand from buyers, limited availability as potential sellers choose to remain in place, interest rates as low as 2.5% for a 30-year mortgage, and significant increases in location-neutral workers who have proven productive. The active summer buying season extended into fall after limited in-person showings in spring. The tight single-family home inventory and price appreciation have put dreams to relocate on hold for some.
Wondering what 2021 has in store for Denver real estate, and if 2021 is the year to buy and/or sell? Here are some insights and predictions that may inform a few of those big decisions.
Finding the right tenant is key to the success of any real estate investor. In fact, most major problems landlords face are the result of putting the wrong tenant in their property. Here’s how to find the perfect tenant for your Colorado rental property to make investing in real estate a little easier.
Despite the COVID-19 pandemic–and in some ways because of it–the 2020 metro Denver real estate market through September continued to establish new highs (for home prices) and lows (for inventory).
As COVID-19 stormed into the country, many feared the housing market would take a turn for the worse. But fortunately, just the opposite occurred. Lower interest rates, pent-up demand and quarantine have resulted in the recent housing boom. While home values continue to appreciate, this is good news for investors looking to make 20-year real estate investments in 2020.
The best time to sell will be determined by a mixture of your personal circumstances and the local market dynamics. The Colorado market is showing signs right now of being an extremely strong seller’s market. Let’s break down some of those numbers and talk about how long this situation might last before going over a few general principles that will help you decide if now is the right time to cash in on your rentals.
This consumer segment, often defined by their “access over ownership” mentality, has different priorities and spending habits than previous generations. Millennials are now entering peak homebuying years, leaning into commitment and revolutionizing the home buying experience along the way.
Now is the time for you to preclude that risk, armed with knowledge and a strategy to effectively improve your properties and keep them stabilized, making them as profitable as possible; all the while abiding by your wealth management goals.
In Colorado, 2,209 homes are in the foreclosure process, with only 28 of them, or 1.27%, vacant. That puts the state among those with the lowest zombie property rates.
Denver is home to one of the most desirable housing markets in the country, and homeowners continue to enjoy a seller's market, where there are more buyers than homes for sale. What you can and can't skip when selling your home in a seller's market.
The Internet and sites such as Zillow can be great tools, but effectively marketing your property and finding the right pool of buyers–even in a seller’s market–goes beyond simply putting it on the MLS and waiting for the buyers to come knocking.
The pandemic certainly isn't slowing down the Denver housing market. According to the Denver Metro Association of Realtors (DMAR), this past July set a record for the total number of closings that mont, and, at the same time, the average single-family home sale price soared above $600,000 for the first time. With numbers like that, it's no surprise that housing demand in Denver is breaking records. To that end, house-flipping in the area continues to be a great investment.
Meet Shift Workspaces, 8z Real Estate and Bray & Company as they represent just some of the 2020 top company winners. From a fresh take on shared office space to core values of family, community and integrity, these three firms are making a mark on the real estate community.
Cannabis is a $9 billion-dollar industry expected to reach $26 billion by 2025. With nearly 25 million monthly cannabis customers in the United States and more than 500,000 new jobs projected by 2022, the economics of cannabis–and as a result, their impact on real estate–can’t be ignored.
The market in the Vail Valley, like many other resort areas throughout Colorado, has picked up over the last couple of months. Here are tips for staying informed about the real estate market in the Vail and down valley, plus options to help improve getting your offer accepted, whether you’re looking to buy here or in another seller’s market.
The company’s software helps property owners and facility managers reduce operating costs, improve energy efficiency and deliver exceptional occupant satisfaction. Not only is the firm forward-thinking in its products, but Switch Automation has dedicated itself to practicing and promoting sustainability.