If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is this a housing market correction or crash? Here’s what you need to know. The pandemic housing market was record setting The housing market is moderating compared to the last two
A recession does not equal a housing crisis. A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. What is a
The Denver Market Shift That’s right. The market is finally decelerating, in major part to interest rates above 5% for the first time in years. Prices have gone so high. There is simply so much buyers can handle in terms of appreciation. In the last 2 years alone prices have gone up 40% here in
Clients of mine wanted to share their tale of a movers scam they were involved with in the hope that it prevents someone else from suffering the same misfortune. Read on… Our Moving Scam My family and I recently relocated to Colorado from the Washington, DC area. We had a tight budget and short timeframe
If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to
Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used the benefits afforded by
The Denver Market update for March 2021 from the desk of Patrick Finney, owner/founder of CJV Real Estate. Per the usual in this Denver market, the numbers look great for Sellers and challenging for Buyers… An increase in Denver market inventory HOWEVER… a bright spot for Buyers in the Denver market – a 15.62% INCREASE
If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect – and this gain
Reason #1 Imputed Rent We hear it all the time, especially now, “real estate is a good investment.” Buying a house is a good investment, just not in the way you think. It is easy to oversimplify and only think about the increase in home prices (called appreciation). For some markets, like Denver, where the
The most valuable property is the 6 inches of real estate between your ears I am a sucker for a good podcast, especially real estate podcasts! Life as a realtor includes lots of time in the car. This gives me plenty of opportunity to multi-task: listen to the latest news, get the inside scoop on