Real Estate News, Statistics, Advice about Buying, Selling, Financing and Maintaining your Colorado Home.
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I laughed so hard when I saw this picture. It has nothing to do with #RealEstate but if you have used the internet longer than 2 days I hope you will appreciate it as well.
The typical home buyer for the United States and the West region have something in common, the average age is 39 years old. The highest percentage of buyers in the U.S. is in the 25-34 year range. See the chart below about buyers who purchased a home in 2007 AGE All Buyers The West Including Colorado 18-24 5% 5% 25-34 30% 31% 35-44 24% 25% 45-54 19% 18% 55-64 15% 13% 65-74 5% 6% 75 + 2% 2% Median Age 39 Y.O. 39 Y.O. Information Provided by the National Association of Realtors in 2007
You've done the work to clean up your credit score, scrape together a down payment and pry a preapproval letter from your mortgage lender. Cheers! Getting preapproved is a smart move, especially in a seller's market characterized by tight inventories and, in some regions, bidding wars. Having a lender's letter in hand signals to sellers that you're a legit buyer whose offer merits serious consideration. Even so, a preapproval letter is just a conditional commitment. It can be withdrawn if your financial situation changes in a way that makes your lender nervous. The best advice? "Maintain the status quo," says Scott Schang, branch manager at BuyWise Mortgage in Anaheim, California. There are a few surefire ways to get rejected after you've been preapproved. Among them: Quitting your job There's nothing wrong with leaving a job to take a similar or better-paying position at another company, so long as you remain a full-time employee who get...
If -like me you are looking for reasonably priced tickets to see Hamilton, this maybe your chance to get them for $10 each. The lottery opens at 11AM two days prior to the performance and closes at 9AM the day before. Here is the link to register: https://www.luckyseat.com/hamilton-denver/ you must enter every Thursday for the weekend show. Good luck :)
Metro Denver has become the first major city in the mountain West — and one of only four nationwide — "to fully close the book on the housing crisis" "At the end of 2014, house prices in Denver reached levels last seen before the Great Recession," it says. "All of its regional [city] peers except Colorado Springs beat the national average in terms of house price growth over the quarter, reinforcing the region’s leadership in the national housing recovery." See article
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