Monthly Archives: December 2018
TBD Valley Vista, Lot 107, Cuchara CO 81055
TBD Valley Vista, Lot 107, Cuchara CO 81055 $20,000 0.33 Acres Want a Colorado mountain lot to build your new home? Enjoy the cool, clean and refreshing mountain air for a super reasonable price! Mountain property with views of the mountains and valley below. If you are looking for land for sale in Colorado’s mountains, there... Read More
TBD Valley Vista Lot 106, Cuchara CO 81055
TBD Valley Vista Lot 106, Cuchara CO 81055 $20,000 0.33 Acres Beautiful mountain lot for your new home with views of the mountains and the valley below. Could also make a great vacation rental or Air BnB property when not in use. There is year round access with city water and sewer. At this price... Read More
25453 Overlook Drive Lot 9, Aguilar CO 81020
25453 Overlook Drive Lot 9, Aguilar CO 81020 $260,000 2 Bedrooms / 2 Bath / 40.68 Acres Here in Southern Colorado, you’ll find the forever views from this peaceful, secluded ridge-top property that’s close to town and has easy year-round access to be something worth your attention. Vaulted ceilings in this open concept living... Read More
Don’t Get Caught in the Rental Trap in 2019
Every year around this time, we take time to reflect and plan for next year. If you are renting your current home but have dreams of homeownership, your plan for the new year may include buying, and you wouldn’t be alone! According to the 2018 Bank of America Homebuyer Insights Report, 74% of renters plan... Read More
How to Simply Increase Your Family Wealth by Paying for Housing
Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth. Every month that you pay your mortgage, you... Read More
What If I Wait A Year to Buy a Home?
National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over... Read More
The Tale of Two Markets [INFOGRAPHIC]
Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Invent... Read More
2008 vs. Now: Are Owners Using Their Homes as ATMs Again?
Over the last six years, we have experienced strong price appreciation which has increased home equity levels dramatically. As the number of “cash-out” refinances begins to approach numbers last seen during the crash, some are afraid that we may be repeating last decade’s mistake. However, a closer look at the numbers shows that homeowners are... Read More
Where Are Interest Rates Headed in 2019?
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S.... Read More
Homeowners Aged 65+ Have 48x More Net Worth Than Renters
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, the median net worth of... Read More