real estate

Listings down, prices up in mountain towns

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.

7 tips for finding the right tenant

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.

Nothing stands in the way of Colorado’s real estate market

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.

When is it time to sell your rental property?

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.