Winter Park Home Values
Winter Farm Home Values are important for a homeowner in the neighborhood to know. After all, your home may be the largest single investment you'll ever make. What other investment(s) do you that you don't you don't at least have a good idea of where you stand? You...
Winter Farm Market Report
Winter Farm Market Report is a great resource for every homeowner in the neighborhood. Knowing the market isn't something you should know just when you're selling, refinancing, changing insurance or when the dreaded property assessments need to be contested. Like...
![Where Homebuyers Are Heading By Generation [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2020/01/20200117-KCM-Share-549x300-1.jpg)
Where Homebuyers Are Heading By Generation [INFOGRAPHIC]
Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower mortgage rates have...
Housing Inventory Vanishing: What Is the Impact on You?
The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest...
Homes Are More Affordable Today, Not Less Affordable
There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, however, just the price...
2020 Luxury Market Forecast
By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in...
Buying a Home Early Can Significantly Increase Future Wealth
According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60. The good news is, our younger generations are strong believers in homeownership. According to a Freddie Mac survey, “The...
Windshire Park- 2019 Year End Market Stats & Trends
Balanced MarketWindshire Park- 2019 Year End Market Stats & Trends Windshire Park is still a very in demand neighborhood with listing prices v sales prices at 99%. With new construction still ongoing in the neighborhood, the demand is still very high. New...
Windshire Park Market Report
Windshire Park Market Report is a great resource for every homeowner in the neighborhood. Knowing the market isn't something you should know just when you're selling, refinancing, changing insurance or when the dreaded property assessments need to be contested. Like...
Windshire Park Home Values
Windshire Park Home Values are important for a homeowner in the neighborhood to know. After all, your home may be the largest single investment you'll ever make. What other investment(s) do you that you don't you don't at least have a good idea of where you stand? You...
![National Cut Your Energy Costs Day [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2020/01/20200110-Share-Image-549x300-1.jpg)
National Cut Your Energy Costs Day [INFOGRAPHIC]
Some Highlights: On January 10th of each year, “National Cut Your Energy Costs Day” encourages consumers to reduce their overall energy costs by improving home efficiency. According to Freddie Mac, a typical U.S. family spends $2,200 per year on energy...
There’s a Long Line of Buyers Waiting for Your House
If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted, “Sellers tend to be more...
The New Spring Real Estate Market is Here. Are You Ready?
Which month do you think most people who are considering buying a home actually start their search? If you’re like most of us, you probably think the surge happens in the spring, likely in April. Not anymore. According to new research, January 2019 was only 1%...
Big Demand for Small Homes
Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different. Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances. This is not projected to change as...
3 Benefits to Buying Your Dream Home This Year
Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting. 1. Buying a Home is a Great Investment Several reports indicate that real estate is a...
![Top Renovations for Maximum ROI [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2020/01/20200103-Image-400x300-1.jpg)
Top Renovations for Maximum ROI [INFOGRAPHIC]
Some Highlights: If you’re planning on selling your house in 2020, these are the top renovations that will give you the highest Return on your Investment. Regardless of how long you’re planning on staying in your current home, it’s smart to be aware...
The 2020 Real Estate Projections That May Surprise You
This will be an interesting year for residential real estate. With a presidential election taking place this fall and talk of a possible recession occurring before the end of the year, predicting what will happen in the 2020 U.S. housing market can be challenging. As...
Here’s to a Wonderful 2020!
We hope 2020 is a great year for you, both personally and professionally!
Expert Insights on the 2020 Housing Market
When closing out another year, it’s normal to wonder what’s ahead for the housing market. Though there will be future inventory issues, we expect interest rates to stay low and appreciation to continue. Here’s what three experts are saying...
Why You Shouldn’t “For Sale By Owner”
Rising home prices coupled with the current inventory in today’s market may cause some homeowners to consider selling their homes on their own (known in the industry as a For Sale By Owner). However, a FSBO might be hard to execute well for the vast majority of...
Why Your Shouldn’t FSBO
Brunner Farm- Does This Look Like A Housing Crisis To You?
If you watch or listen to the news, all you are likely to hear about with regard to the housing market, is Market Crash, Market Correction, Housing Crisis, etc. It's an over-simplification but if we look at the actual data, 2019 (yes, all 12 months) looks very much...
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Working with a Local Real Estate Professional Makes All the Difference [INFOGRAPHIC]
Some Highlights: Choosing the right real estate professional is one of the most impactful decisions you can make in your home buying or selling process. A real estate professional can explain current market conditions and break down what they will mean to you and your...
Year-Over-Year Rental Prices on the Rise
Looking ahead, 2020 is projected to be a strong year for homeownership. According to the Freddie Mac Forecast, “We expect rates to remain low, falling to a yearly average of 3.8% in 2020.” If you’re currently renting, 2020 may be a great time to...
When a House Becomes a Happy Home
We talk a lot about why it makes financial sense to buy a home, but more often than not we’re drawn to the emotional reasons for homeownership. No matter the size or shape of a living space, the feeling of a home means different things to different people....
2020 Forecast Shows Continued Home Price Appreciation
Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year:Additionally, ARCH Mortgage Insurance Company in their current Housing and Mortgage Market Review revealed...
![Where is the Housing Market Headed in 2020? [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/12/20191220-Share-Image-571x300-1.jpg)
Where is the Housing Market Headed in 2020? [INFOGRAPHIC]
Some Highlights: Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020! According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of the year. Experts predict that the...
5,300 Reasons to Be Happy You’re a Homeowner
Studies have shown that, in many cases, the largest asset a family owns is the house they live in. Over the last twelve months, that asset has gained substantial value. CoreLogic just released their 2019 3rd Quarter Homeowner Equity Insights Report. The report...
The Biggest Issue Facing Housing Next Year
This coming year the housing market will be defined by 3 things- inventory, interest rates, and appreciation. But the biggest issue the housing market will face in 2020 is an inventory shortage. There aren’t enough homes on the market for buyers,...
3 Mistakes to Avoid When Selling a Home in 2020
It’s exciting to put a house on the market and to think about making new memories in new spaces, but we can have deep sentimental attachments to the homes we’re leaving behind, too. Growing emotions can help or hinder a sale, depending on how we manage...
December 2019: The Buyer Stakes Are High Because Inventory Is Low
The reality of what we’re seeing this month is that homes are selling fast. In today’s strong seller’s market, bidding wars are common and expected with starter or entry-level homes. In most areas of the country, first-time buyers have been met with...
High Plains Village Carefree Cottage Home For Sale
High Plains Village Carefree Cottage Home For Sale Here is the complete listing including additional photos, floor plan, description, pre-home inspection, home warranty and much more. Click here Here is the MLS listing [optima_express_toppicks id="1161050" sortBy="ds"...
High Plains Village Townhomes For Sale
Disclaimer- The High Plains Village Townhomes For Sale below are arranged by the most recent listings published in the MLS. It is dynamic content. Meaning, it automatically updates as one piece of data changes (not a snapshot in time). Additionally, listings herein...
High Plains Village Condos For Sale
Disclaimer- The High Plains Village Condos For Sale below are arranged by the most recent listings published in the MLS. It is dynamic content. Meaning, it automatically updates as one piece of data changes (not a snapshot in time). Additionally, listings herein may...
Get Your House Ready To Sell This Winter
Some Highlights Winter is a great time to list a house, since inventory is traditionally low, and most sellers are holding off until spring to put their homes on the market. Waiting for warmer weather when more competition is on the market will only put your house up...
Holiday Gifts Are Not the Only Hot Things Right Now
Black Friday is behind us and holiday gifts are flying off the shelves in stores and online. Unlike last year, however, there’s another type of buyer that is very active this winter – the homebuyer. Each month, ShowingTime releases their Showing Index,...
Have You Outgrown Your Home?
It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home. The good news is, it’s okay to admit if your house no...
A 365 Day Difference in Homeownership
Over the past year, mortgage rates have fallen more than a full percentage point. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them: Refinance: If you already own a home, you...
High Plains Village Home Values
High Plains Village is not like other neighborhoods in Loveland or Northern Colorado for that matter. That being said, High Plains Village home values are not similar to The Lakes at Centerra, Boyd Lake Shores, Lakeshore Condos when it comes to values. A particular...
Have You Budgeted for Closing Costs?
Saving for a down payment is a key step in the homebuying process, and it’s not the only piece you need to include in your budget. Another factor that’s important to plan for is the closing costs required to obtain a mortgage. What Are Closing Costs? According...
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Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC]
Some Highlights: According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32. With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping...
December 2019- By The Numbers
What is the Best Investment for Americans?
Some are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people are quite comfortable. Porch.com, a major network helping homeowners with their renovation projects, recently conducted a survey which...
Is A Bigger House Within Your Budget?
At this time of year, many families come together to celebrate the season. It’s also the time when many realize their homes are just not quite big enough to host all of their guests and loved ones. Are you one of those homeowners dreaming for a larger space to call...
It’s ‘National Roof Over Your Head’ Day!
Did you know that each year in the United States, we celebrate “National Roof Over Your Head Day” on December 3rd? As noted on the National Calendar, it was “created as a day to be thankful for what you have, starting with the roof over your head. There are many...
![Buyers Are Looking For Your Home [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/11/20191129-KCM-Share-549x300.jpg)
Buyers Are Looking For Your Home [INFOGRAPHIC]
Some Highlights: Existing Home Sales are currently at an annual pace of 5.46 million. The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply. Inventory remains low due to high demand from buyers...
Tips to Sell Your Home Faster
When selling your house, there are a few key things you can prioritize to have the greatest impact for a faster sale: 1. Make Buyers Feel at Home Declutter your home! Pack away all personal items like pictures, awards, and sentimental belongings. Make buyers feel like...
7 Reasons to List Your House This Holiday Season
Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why listing your house now or...
How Long Can This Economic Recovery Last?
The economy is currently experiencing the longest recovery in our nation’s history. The stock market has hit record highs, while unemployment rates are at record lows. Home price appreciation is beginning to reaccelerate. This begs the question: How long can this...
Buyers Are Looking Now. Are You Ready to List Your Home?
Inventory on the market today is low, especially among existing homes in the entry and middle-level tiers of the market. It is hovering well below the 6-month supply typically found in a more normal market, as shown in the graph below:With inventory being one of the...
Expert Advice: 3 Benefits to Owning a Home
Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on the benefits of...
This is Not 2008 All Over Again: The Mortgage Lending Factor
Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money. Recent articles about the availability of low-down payment loans and down payment...
Buyer Demand Growing in Every Region
Buyers are out in full force this fall, increasing the demand for homebuying in all four regions of the country. According to the latest ShowingTime Showing Index, “Home showing activity was up again nationwide with a 4.6 percent rise in traffic, as the traditionally...
Homeownership Rate Remains on the Rise
In the third quarter of 2019, the U.S. homeownership rate rose again, signaling another strong indicator of the current housing market. The U.S. Census Bureau announced, “The homeownership rate of 64.8 percent was not statistically different from the rate in the third...
75 Years of VA Home Loan Benefits
Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice. This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, also known as the GI Bill....
3 Keys To Selling Your House Quickly
Forget the Price of the Home. The Cost is What Matters.
Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going forward. As an example, CoreLogic...
Millennials: Here’s Why the Process is Well Worth It.
Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over. According to National Mortgage News, “Millennials, those young adults now aged 23 to 38, are now entering their peak household formation...
Planning on Buying a Home? Be Sure You Know Your Options.
When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and middle-level markets, many buyers are considering...
The #1 Reason to List Your House in the Winter
Many sellers believe spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when they’ll have the most competition....
Taking the Fear Out of the Mortgage Process
A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage. For many, the mortgage process can be scary, but it doesn’t have to be! In...
How to Determine If You Can Afford to Buy a Home
The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today. It is true that home prices and wages are two key elements in any affordability...
Thinking of Selling Your Home? The Waiting Is The Hardest Part.
Tom Petty famously penned the words, “the waiting is the hardest part” in his early 80’s hit song The Waiting, and his thought process can surprisingly also be applied to individuals considering selling their homes today. Traditional thinking would suggest it may be...
4 Reasons to Buy a Home This Fall
Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.6% over the last 12 months. The same report predicts prices will...
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Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]
Some Highlights: Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process: 71% of...
Don’t get spooked by the real estate market
Think Prices Have Skyrocketed? Look at Rents.
Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little light on this subject....
5 Reasons to Consider Living in a Multigenerational Home
Did you know that 1 in 6 Americans currently live in a multigenerational household? According to Generations United, the number of multigenerational households rose from 42.4 million in 2000 to 64 million in 2016. The 2018 Profile of Home Buyers and Sellers from the...
Depending on the Price, You’re Going to Need Advice
To understand today’s complex real estate market, it is critical to have a local, trusted advisor on your side – for more reasons than you may think. In real estate today, there are essentially three different price points in the market: the starter-home market, the...
![Homes Are Selling Quickly [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/10/20191018-KCM-Share-549x300.jpg)
Homes Are Selling Quickly [INFOGRAPHIC]
Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate...
3 Reasons This is NOT the 2008 Real Estate Market
Today’s real estate market is nothing like the 2008 market. When an economic slowdown happens, it won’t resemble the last one. No one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused...
3 Reasons to Use a Real Estate Pro in a Complex Digital World
If you’re searching for a home online, you’re not alone; lots of people are doing it. The question is, are you using all of your available resources, and are you using them wisely? Here’s why the Internet is a great place to start the home-buying process, and the...
Be on the Lookout for Gen Z: The Next Generation of Homebuyers
Gen Zers are the next generation of homeowners, and they’re eager to jump in and buy their first homes. Whether you are part of this generation or any other, it’s never too early to start saving, so you can reach your homeownership goal sooner rather than later....
Existing-Home Sales Report Indicates Now Is a Great Time to Sell
Based on the current state of the market, trends are shifting in favor of sellers. If you are going to sell, now may be the time to take advantage of the number of buyers who are searching for their dream home. The best time to sell anything is when demand for that...
Home of the Week- 1577 Millfleet Dr, Windsor, 80550
This listing recently feel out of contract after receiving an immediate accepted offer (day 1). Not sure as to why the contract failed. Great neighborhood with tons of amenities and great proximity to schools, shopping and all points Windsor. Nicely upgraded, easy...
Want to be in your new home by the end of the year?
You Need More Than a Guide. You Need a Sherpa.
In today’s world, hiring an agent who has a finger on the pulse of the market will make your buying or selling experience an educated one. In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate the...
Deal of the Week- 1422 CANAL DR, WINDSOR, CO 80550
This listing has had a rough go. The property has been under contract multiple times but has not closed due to buyer 'issues'. I can assure you, the house is priced well, in good condition, has beautiful upgrades and is a very functional ranch floor plan with a...
Homeownership is the Top Contributor to Your Net Worth
Recently two U.S. Census Bureau researchers released their findings on the biggest determinants of household wealth. What they found may help shape your view on building your family’s net worth. Many people plan to build their net worth by buying CDs or stocks, or...
What FICO® Score Do You Need to Qualify for a Mortgage?
It’s common knowledge that your FICO® score plays an important role in the homebuying process. However, many buyers have misconceptions regarding what exactly is required to get the loans they need. While a recent announcement from CNBC shares that the average...
62% of Buyers Are Wrong About Down Payment Needs
Contrary to common misconception, a down payment is often much less than many believe. According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in...
River West- 3rd Quarter Market Statistics 2019
River West- 3rd Quarter Market Stats 2019 Sellers MarketWhile the listing price v sales price in River West is 99%, mostly due to low inventory for the move up buyer. Expect fewer sales and less inventory in the coming months (holidays and cooler temps). Our...
Village East Just Listed
Disclaimer- The Village East Just Listed below are arranged by the most recent listings published in the MLS. It is dynamic content. Meaning, it automatically updates as one piece of data changes (not a snapshot in time). Additionally, information is dependent on...
Village East Sold Listings
Disclaimer- The Village East Sold Listings below are arranged by price from highest to lowest over a recent period of time. The first listing may be one that we previously sold. The data below is dynamic. Meaning, it automatically updates as one piece of data changes...
Village East Open Houses
Disclaimer- The Village East Open Houses data below is dynamic. Meaning, it automatically updates as one piece of data changes (not a snapshot in time). Additionally, some Jacoby Farm open houses may not be updated by brokers in the MLS.Village East Open Houses...
Windshire Park Just Listed
Disclaimer- The Windshire Park Just Listed below are arranged by the most recent listings published in the MLS. It is dynamic content. Meaning, it automatically updates as one piece of data changes (not a snapshot in time). Additionally, information is dependent on...
Should You Use Your Equity To Move Up?
![5 Homebuying Acronyms You Need to Know [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/10/20191004-Share-KCM-549x300.jpg)
5 Homebuying Acronyms You Need to Know [INFOGRAPHIC]
Some Highlights: Learning the lingo of homebuying is an important part of feeling successful when buying a home. From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them. Your local professionals are here to...
3 Signs the Housing Market Is on the Rebound
The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound. 1. Existing Home Sales (closed sales) are up, marking two consecutive months of growth. 2. Pending Home...
Jacoby Farm Sold Listings
Disclaimer- The Jacoby Farm Sold Listings below are arranged by price from highest to lowest over the recent period of time. The first listing may be one that we previously sold. The data below is dynamic. Meaning, it automatically updates as one piece of data changes...
Jacoby Farm Just Listed
Disclaimer- The Jacoby Farm Just Listed below are arranged by the most recent listings published in the MLS. It is dynamic content. Meaning, it automatically updates as one piece of data changes (not a snapshot in time). Additionally, information is dependent on...
High Plains Village Just Listed
Disclaimer- The High Plains Village Just Listed homes below are arranged by the most recent listings published in the MLS. It is dynamic content. Meaning, it automatically updates as one piece of data changes (not a snapshot in time). Additionally, listings herein may...
Brunner Farm Just Listed
Disclaimer- The Brunner Farm Just Listed listings below are arranged by the most recent listings published in the MLS. It is dynamic content. Meaning, it automatically updates as one piece of data changes (not a snapshot in time).Brunner Farm Just Listed...
Brunner Farm Sold Listings
Brunner Farm Sold Listings Disclaimer- The listings below are arranged by price from highest to lowest over the recent period of time. The first listing may be one that we previously sold. The data below is dynamic. Meaning, it automatically updates as one piece of...
Windshire Park Sold Listings
Disclaimer- The listings below are arranged by price from highest to lowest over the recent period of time. The first listing may be one that we previously sold. The data below is dynamic. Meaning, it automatically updates as one piece of data changes (not a snapshot...
High Plains Village Open Houses
High Plains Village Open Houses Disclaimer- The data below is dynamic. Meaning, it automatically updates as one piece of data changes (not a snapshot in time) and may not match the date/timeline above.High Plains Village Open Houses [optima_express_open_home_report...
4 Tips to Improve Your Home and Save on Your Energy Bill
By making a few key upgrades to your home, you’ll save on your utility bills and improve the energy efficiency of your home. When you’re ready to sell your house, these key features will make it even more attractive to potential buyers. As a homeowner, it’s important...
Village East- Market Stats/Trends for September 2019
Village East- Market Stats/Trends for September 2019 Balanced MarketThe listing price v sales price in Village East is 98%, is still pretty good but expect more price reductions if you are not priced properly at the start of the listing period. The days on market and...
High Plains Village- Market Update September 2019
High Plains Village- Market Update September 2019 Balanced MarketWhile the listing price v sales price in High Plains Village is at 96%, this would suggest a cooling of the market. The days on market has increased but inventory is still very low. Thus, a balanced...
Jacoby Farm- Market Stats/Trends for September 2019
Balanced MarketWhile the listing price v sales price in Jacoby Farm is at 99%, that has something to do with the new construction (townhomes) still ongoing in the neighborhood. New construction typically has a base price and with typical buyer upgrades pushes the...
Brunner Farm- Market Stats/Trends for September 2019
Balanced MarketWhile the listing price v sales price in Brunner Farm is at 100%, that has something to do with the new construction still ongoing in the neighborhood. New construction typically has a base price and with typical buyer upgrades pushes the original sales...
Windshire Park- Market Stats/Trends for September 2019
Balanced MarketWhile the listing price v sales price in Windshire Park is at 98%, that has something to do with the new construction still ongoing in the neighborhood. New construction typically has a base price and with typical buyer upgrades pushes the original...
What to Expect from Your Home Inspection
You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents often recommend you make your offer contingent upon a clean home inspection. This contingency allows you to renegotiate the price you offered for the home, ask...
Jacoby Farm Open Houses
Disclaimer- The data below is dynamic. Meaning, it automatically updates as one piece of data changes (not a snapshot in time). Additionally, some Jacoby Farm open houses may not be updated by brokers in the MLS.Jacoby Farm Open Houses [optima_express_open_home_report...
Brunner Farm Open Houses
Disclaimer- The data below is dynamic. Meaning, it automatically updates as one piece of data changes (not a snapshot in time) and may not match the date/timeline above.Brunner Farm Open Houses [optima_express_open_home_report id="752786" sortBy="pd" header="true"...
Hidden Valley Farm- 3rd Quarter 2019 Market Report
Windshire Park Open Houses
Disclaimer- The data below is dynamic. Meaning, it automatically updates as one piece of data changes (not a snapshot in time) and may not match the date/timeline above.Windshire Park- Weekly Open House Schedule [optima_express_open_home_report id="1037707"...
Winter Farm- Market Stats for September 2019
Winter Farm- Market Stats for September 2019 Balanced MarketWhile the listing price v sales price in Winter Farm is over 100%, that has something to do with the new construction still ongoing in the neighborhood. New construction typically has a base price and with...
Hello Brunner Farm Neighborhood
I started walking the neighborhood and placing door hangers. I know many of you do not like solicitors. I promise it is not my intent to solicit of disturb you in any way. I am only getting the word out of my intent to be your neighborhood specialist when it comes to...
Why Pre-Approval Should Be Your Step
Why The Pre-Approval Should Be Your First Step
Homeowners Are Happy! Renters? Not So Much.
When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable. In a recent survey, Bank of...
Are You Ready for the ‘Black Friday’ of Real Estate?
According to a new study from realtor.com, the week of September 22 is the best time of year to buy a home, making it ‘Black Friday’ for homebuyers. Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting...
Hello Windshire Park Neighborhood
I started walking the neighborhood and placing door hangers. I know many of you do not like solicitors. I promise it is not my intent to solicit of disturb you in any way. I am only getting the word out of my intent to be your neighborhood specialist when it comes to...
Should You Fix Your House Up or Sell Now?
If you’re thinking about remodeling your house before you list it, take a look at these three tips to help you decide if you really need to fix it up before you sell. The answer may surprise you. With the fall season upon us, change is in the air. For many families,...
Is Your House “Priced to Sell Immediately”?
In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do. According to CoreLogic’s latest Home Price Index,...
What will homes prices look like over the next few years?
One of the Top Reasons to Own a Home
One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on the home. The difference...
Fall 2019- Buyer & Seller Guides
For Sellers For Buyers
What Buyers Need to Know About HOAs
When searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you. According to a recent article on realtor.com, “In a nutshell, an HOA...
High Plains Village Sold Listings
Disclaimer- The listings below are arranged by price from highest to lowest over the recent period of time. The first listing is one we previously sold. The data below is dynamic. Meaning, it automatically updates as one piece of data changes (not a snapshot in time)...
Home Prices Increase in Every Price Range
Price appreciation can differ depending on your price range. CoreLogic analyzed four individual home prices tiers and shares the increase in each one. CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019...
Things to Avoid After Applying for a Mortgage
Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your...
Hello Jacoby Farm Neighborhood
I started walking the neighborhood and placing door hangers. I know many of you do not like solicitors. I promise it is not my intent to solicit of disturb you in any way. I am only getting the word out of my intent to be your neighborhood specialist when it comes to...
![6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/09/20190913-Share-KCM-549x300.jpg)
6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC]
Some Highlights: Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home. Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are...
September 2019- By The Numbers
What Is the Probability That Home Values Sink?
With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts...
Hello Village East Neighborhood
I started walking the neighborhood and placing door hangers. I know many of you do not like solicitors. I promise it is not my intent to solicit of disturb you in any way. I am only getting the word out of my intent to be your neighborhood specialist when it comes to...
Millennial Buying Power Poised to Boost Homeownership
In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues...
The Role Access Plays in Getting Your House Sold
So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process and you’ve been asked what level of access you want to provide to potential buyers. There are four elements to a quality listing. At the top of the list...
Home Sales Expected to Continue Increasing In 2020
Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting home sales will increase nicely in 2020. Below is a chart depicting the projections of each entity for 2019, as well as for 2020.As we can see, Freddie Mac, Fannie Mae, and the Mortgage...
Everybody Calm Down! This Is NOT 2008
Last week realtor.com released the results of a survey that produced three major revelations: 53% of home purchasers (first-time and repeat buyers) currently in the market believe a recession will occur this year or next. 57% believe the next recession will be as bad...
How Property Taxes Can Impact Your Mortgage Payment
When buying a home, taxes are one of the expenses that can make a significant difference in your monthly payment. Do you know how much you might pay for property taxes in your state or local area? When applying for a mortgage, you’ll see one of two acronyms in your...
5 Reasons to Sell This Fall
Below are 5 compelling reasons listing your home for sale this fall makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country....
Fall 2019- Home Seller’s Guide
Download the guide here: SellingYourHouseFall2019
Fall 2019- Home Buyer’s Guide
Download the guide here: BuyingaHomeFall2019
Homeownership Will Always Be a Part of the American Dream
On Labor Day we celebrate the hard work that helps us achieve the American Dream. Growing up, many of us thought about our future lives with great ambition. We drew pictures of what jobs we wanted to have and where we would live as a representation of a secure life...
High Plains Village Market Report- August 2019
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Timnath CO Market Report- August 2019
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Loveland Market Report- August 2019
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Windsor, CO Market Report August 2019
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Johnstown, CO Market Statistics- August 2019
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Severance, CO Market Report- August 2019
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Fort Collins Market Stats- August 2019
So, how's the market you ask? Well, still historically very good but we are definitely starting to see some trends. Some of these trends are seasonally predicted but it's too early to tell exactly where we are at currently. [icon name="arrow-down" class=""...
Jacoby Farm Townhomes
Jacoby Farm Townhomes are located in Windsor, Colorado. Jacoby Farm Townhomes in Windsor Colorado Jacoby Farm Open Houses
Jacoby Farm- Is it still a good time to sell?
![A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/08/2019830-Share-KCM-549x300.jpg)
A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]
Some Highlights: There is plenty of talk in the media about a pending economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th. Many experts predict a potential recession is on the...
iBuyers: What Is the “Cost of Convenience” When Selling Your Home?
When thinking about selling their house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer? According to Jovio, the definition is: “A company or investor that uses Automated Valuation Models (AVMs) to make instant offers on...
Top Priorities When Moving with Kids
According to the Pew Research Center, around 37% of U.S students will be going back to school soon and the rest have already started the new academic year. With school-aged children in your home, buying or selling a house can take on a whole different approach when it...
Experts Predict a Strong Housing Market for the Rest of 2019
We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Here’s what some of the experts have to say: Ralph McLaughlin, Deputy Chief...
![A Latte a Day Keeps Homeownership Away [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/08/20190823-Share-KCM-549x300.jpg)
A Latte a Day Keeps Homeownership Away [INFOGRAPHIC]
Some Highlights: The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast! Saving for a down payment takes a little discipline, so limiting your extra...
August 2019- Is now a good time to sell in Brunner Farm?
Is now a good time to sell in Brunner Farm? The standard answer is, it depends. If all you see is an upward trajectory, you may decide to wait and hope it continues. Of course, the other side of this is the little downtick between May 2019 to today. This may be a very...
5 Easy Steps to Avoid Overwhelm from Media Overload
When someone is thinking about buying or selling a home, they want to be well-informed. They want to make the right decision for themselves and their family. They scour the internet for any information they can find about the housing market. Today, there is an...
August 2019- Days On Market in Brunner Farm Neighborhood
August into September is typically a pretty interesting study into market conditions. Historically, there is a lag in the market, mostly because of families getting their kids back into school mode. Brunner Farm is no different. Let's take a look at where we are at...
Seniors Are on the Move in the Real Estate Market
Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because, “Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true...
2019 Windshire Park Community Garage Sale
Saturday, August 24th
Housing Supply Not Keeping Up with Population Increase
Many buyers are wondering where to find houses for sale in today’s market. It’s a true dilemma. We see an increase in buyer demand, but the supply available for purchase isn’t keeping up. The number of new housing permits issued prior to the great recession increased...
A Great Way to Increase Your Family’s Net Worth
Every three years, the Federal Reserve conducts its Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase...
Sellers- Now is the Time to Buyer
Busting the Myth About a Housing Affordability Crisis
It seems you can’t find a headline with the term “housing affordability” without the word “crisis” attached to it. That’s because some only consider the fact that residential real estate prices have continued to appreciate. However, we must realize it’s not just the...
The Benefits of Growing Equity in Your Home
Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is the positive impact they have on home...
American Confidence in Housing at an All-Time High
Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore,...
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Rent Vs. Own [INFOGRAPHIC]
Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be...
Why All the Chicken Littles Should Calm Down
The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership. The national homeownership rate (Americans who owned vs....
Appreciation Is Strong: It Might Be Time to Sell
There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling now is likely to drive the greatest return on your largest investment. Home values have been appreciating for several...
Millionaire to Millennials: The Costly Mistake of Not Buying Now
On his personal website, self-made millionaire David Bach makes a striking statement: “Not prioritizing homeownership is the single biggest mistake millennials are making.” He further stated, “Buying a home is an escalator to wealth.” Bach explains: “Young adults in...
![Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/08/20190801-Share-KCM-1-549x300.jpg)
Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC]
Some Highlights: Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June. Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal...
Do you know your credit score?
How to Judge the Impact of the Next Economic Slowdown on Housing
We’ve experienced economic growth for almost a decade, which is the longest recovery in the nation’s history. Experts know a recession can’t be too far off, but when will this economic slowdown actually occur? Pulsenomics just released a special report revealing that...
Why Now Is the Perfect Time to Sell Your House
As a homeowner, it’s always tempting to dream about the next big project you’re going to tackle. The possibilities are endless. Should I renovate? Should I refinance? Should I stay? Should I move? The list goes on and on. In today’s housing market, it’s actually a...
How to Increase Your Equity Over the Next 5 Years
Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers. Here are the results from the Q2 2019 Survey: Home values...
3 Expert Insights On Inventory In The Current Market
The current housing landscape presents greater home values, low interest rates, and high buyer demand. All of these factors point to the strong market forecasted to continue throughout the rest of the year. There is, however, one thing that may cause the industry to...
5 Things To Know About This Housing Market
![Home Prices Up 5.05% Across the Country [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/07/20190726-Share-KCM-549x300.jpg)
Home Prices Up 5.05% Across the Country [INFOGRAPHIC]
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state,...
3 Powerful Reasons to Buy a Home Now
Whether you are a first-time buyer or looking to move up to the home of your dreams, now is a great time to purchase a home. Here are three major reasons to buy today. 1. Affordability Many people focus solely on price when talking about home affordability. Since home...
Mid-Year Housing Market Update: Three Things to Know Today
Shifting trends and industry-leading research are pointing toward some valuable projections about the status of the housing market for the rest of the year. If you’re thinking of buying or selling, or if you just want to know what experts are saying is on the horizon,...
What Experts are Saying About the Current Housing Market
We’re halfway through the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the experts predict for the second half of 2019. Here’s what some have to say: Danielle Hale, Chief Economist at realtor.com...
Is Renting Right for Me?
If you’re currently renting and have dreams of owning your own home, it may be a good time to think about your next move. With rent costs rising annually and many helpful down payment assistance programs available, homeownership may be closer than you realize....
The Surprising Profile of the Real Estate Investor
Over 10% of all residential homes are purchased by investors, and that number continues to rise. Who are these investors? Many have speculated that the large institutional conglomerates such as Blackstone, American Homes 4 Rent, and Colony Starwood dominate investor...
What a Difference a Year Makes for Sellers
Over the last few years, many sellers have been hesitant to put their houses on the market because they feared not being able to find another home to buy. We’ve reported on inventory shortages in the past, and it’s been a constant concern for potential buyers...
Should I Refinance My Home?
With the recent lower interest rates, many homeowners are wondering if they should refinance. To decide if refinancing is the best option for your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but...
Home Price Appreciation Forecast
Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. We’ve gathered current data from the industry’s most reliable sources to help answer these questions: The...
![Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/07/20190621-Share-STM-549x300.jpg)
Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]
Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more “old millennials” (25-36) are realizing that...
Americans’ Powerful Belief in Homeownership as an Investment
The Federal Reserve Bank (The Fed) recently released their 2019 Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine...
4 Tips to Sell Your Home Faster
Since June of last year, we have seen an increase in the inventory of homes for sale month per month. Every spring and summer, the inventory increases because people want to sell their home. For those with children, they may want to be in their new home for the...
5 Powerful Reasons to Own Instead of Rent
Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and nonhousing...
Now’s the Time to Move-Up and Upgrade Your Current Home!
Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade from their current...
![10 Steps to Buying a Home This Summer [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/07/20190628-Share-KCM-549x300.jpg)
10 Steps to Buying a Home This Summer [INFOGRAPHIC]
Some Highlights: If you are thinking of buying a home, you may not know where to start. Here is a simple list of 10 steps that you will go through to purchase a home. Make sure to ask your agent for details about each step and what else may be required in your area!
Happy Independence Day!
Wishing you & yours a safe & Happy 4th of July!
3 Reasons People are Selling Their Houses Right Now
Millennials Are Increasing the Demand for Condominiums
When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to...
Top 5 Reasons You Should NOT FSBO
Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of sellers. The...
![Americans Rank Real Estate Best Investment for 6 Years Running! [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/06/20190628-Share-KCM-1-571x300.jpg)
Americans Rank Real Estate Best Investment for 6 Years Running! [INFOGRAPHIC]
Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years. Stock owners are more positive about real estate than stocks as an investment. Of the 4 listed,...
Homeownership is the American Dream
Know What to Expect at Your Home Inspection
So you made an offer and it was accepted. Now, your next task is to have the home inspected prior to closing. Agents oftentimes make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the...
Before You Look for Your Dream Home: Know What You Want vs. What You Need!
In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of...
Having a Professional on Your Side Makes All the Difference!
In today’s fast-paced world where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, the addition of more information causes more confusion. Shows...
Stop Wondering What Your Budget Is & Get Pre-Approved!
In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your...
![4 Reasons to Sell This Summer [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/06/20190621-Share-KCM-Image-571x300.jpg)
4 Reasons to Sell This Summer [INFOGRAPHIC]
Some Highlights: Buyer demand continues to outpace the supply of homes for sale. This means that buyers are often competing with one another for the few listings that are available. Housing inventory is still under the 6-month supply needed to sustain a normal housing...
Young First-Time Buyers Are Saving for Their Dream Homes
Young buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours searching listings and building...
What You Need to Know About Private Mortgage Insurance (PMI)
Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much...
Why Is So Much Paperwork Required to Get a Mortgage?
When buying a home today, why is there so much paperwork mandated by the lenders for a mortgage loan application? It seems like they need to know everything about you. Furthermore, it requires three separate sources to validate each and every entry on the application...
5 Reasons to Sell Your House This Summer
Here are 5 compelling reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Index from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country....
3 Reasons You Shouldn’t FSBO
![Top 4 Renovations for the Greatest Return on Investment! [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/06/20190614-Share-KCM-571x300.jpg)
Top 4 Renovations for the Greatest Return on Investment! [INFOGRAPHIC]
Some Highlights: If you are planning on listing your house for sale this year, these four home improvement projects will net you the most Return on Investment (ROI). Minor renovations can go a long way toward improving the quality of your everyday life and/or...
Time for Your Dream Home, Gen X!
During the housing market crash, Gen X homeowners lost more wealth than other generations. However, things are changing now! A strong economy, increasing home prices, and the recovery of the housing market are helping this generation to regain their lost wealth....
3 Things to Know in the Housing Market Today!
A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative. Some we just don’t know yet. The following three areas of the housing market are critical to understand:...
Renting or Owning, What Is Better for You?
In a real estate market where home prices are rising, many have begun to reexamine the idea of buying a home, choosing instead, to rent for a while. But often, there is a dilemma: should you keep paying rent, knowing that rent is rising too, or should you lock in your...
What is Important to Boomers when Selling their House?
If you are a “baby boomer” (born between 1946 and 1964), you may be thinking about selling your current home. Your children may have finally moved out. Your large, four-bedroom house with three bathrooms no longer fits the bill. Taxes are too high. Utilities are too...
The Feeling You Get from Owning Your Home
We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful and compelling ones. No matter what shape or size your living space is, the concept and feeling of home can mean different...
How Homeownership Delivers Unsurpassed Family Wealth
There are many financial benefits to homeownership, but probably none more important than its ability to create family wealth. How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is an online resource for research and...
4 Reasons to Buy A Home This Summer
Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 3.7% over the last 12 months. The same report predicts that prices will continue...
![The Top Reasons to Own Your Home [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/06/20190531-Share-KCM-549x300.jpg)
The Top Reasons to Own Your Home [INFOGRAPHIC]
Some Highlights: June is National Homeownership Month! Now is a great time to reflect on the many benefits of homeownership that go way beyond the financial. What reasons do you have to own your own home?
The Ultimate Truth about Housing Affordability
There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis,...
Multigenerational Homes Are on the Rise
As loved ones start to get older, we start to wonder: how long will they be able to live alone? Will they need someone there to help them with daily life? There’s a reason to ask those questions now more than ever, as the average life expectancy in the U.S. is 78...
2 Things You Need to Know to Properly Price Your Home
In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly....
All Gave Some. Some Gave All.
We remember, today and always.
![The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/05/20190524-Share-KCM-549x300.jpg)
The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC]
Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging. 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market. 50% of staged homes saw a...
Should You Buy a Home Now or Wait Until Next Year?
4 Most Popular Bottom Line Investments in America
Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks, gold, and savings accounts. For the sixth year in a row, real estate has come out on top as the best long-term...
Boomerang Buyers: Don’t Be Afraid to Buy a Home Again!
According to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: “Fool me once- shame on you. Fool me twice- shame on...
Are Older Generations Really Not Selling Their Homes?
Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s...
Starting the Search for Your Dream Home? Here Are 5 Tips!
In today’s real estate market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. In a realtor.com article entitled, “How to Find Your Dream Home—Without Losing Your...
![Top Days to List Your Home for Sale [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/05/20190517-Share-KCM-549x300.jpg)
Top Days to List Your Home for Sale [INFOGRAPHIC]
Some Highlights: ATTOM Data Solutions conducted an analysis of more than 29 million single family home and condo sales over the past eight years to determine the top days to list your home for sale. The top five days to list your home brought in a 10% premium over...
What is Really Happening with Home Prices?
Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less...
4 Tips for Making a Competitive Offer
So, you’ve been searching for that perfect house to call ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of making this house yours comes...
New Research Shows Housing Is Affordable For First-Time Buyers
Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports on the percentage...
A Lack of Inventory Continues to Impact the Housing Market
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. The market will continue to...
![A Tale of Two Markets [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/05/20190510-Share-KCM-571x300.jpg)
A 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! Inventory continues to...
Mainstream Concerns about an Economic Slowdown Revisited
Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to...
The Benefits of a 20% Down Payment
If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% or you won’t be able to secure a mortgage. The truth is that...
May Home Checklist
To-Dos: Your May Home Checklist
Home Buyers are Optimistic About Homeownership!
When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no...
Why Access Is One of the Most Important Factors in Getting Your House Sold!
So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers. There are four elements to a quality listing. At the top...
![The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/05/20190503-Share-KCM-571x300.jpg)
The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice...
Are You About to Be an Empty-Nester?
Your Fabulous New Dream Home is Now Available
Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of home they live in. That...
2 Trends Helping Keep Housing Affordable
Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate in decades! These two factors...
What Would Make You Sell Your House?
There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving. The younger the respondents, the more likely their...
How Quickly Can You Save Your Down Payment?
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state. Using data...
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Existing Home Sales Slow to Start Spring [INFOGRAPHIC]
Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up 3.8% over last March at...
Renters Paying Substantially More While Owning Costs Less
In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical...
New Study Reveals One Surprising Reason for the Inventory Shortage
There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t...
With Inventory Low: Will Your Dream Home Need Some TLC?
According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing...
Paul & Abigail- Soon to be Married, First Time Buyers
Paul & Abigail To be married in September 2019. Looking for their first home together as a couple. Young, in love, & searching for our first home as we enter into marriage. We are Paul Carnehl & Abigail Cochrane.Although we grew up on opposite...
Selling Your House: Here’s Why You Need A Pro In Your Corner!
With home prices on the rise and buyer demand still strong, some sellers may be tempted to try to sell their homes on their own rather than using the services of a real estate professional. Real estate agents are trained and experienced in negotiation while, in most...
![5 Reasons Why Millennials Buy a Home [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2019/04/20190419-Share-KCM-549x300.jpg)
5 Reasons Why Millennials Buy a Home [INFOGRAPHIC]
Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.”...
5 Reasons to Sell Your Home This Spring (VIDEO)
Buyer Demand Surging as Spring Market Begins
Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate reports*, buyer demand...
Are Low Interest Rates Here to Stay?
Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who...
Homeowners: Now Is A Good Time To Sell Your House
Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when broken down...
3 Questions You Need To Ask Before Buying A Home
If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask...
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Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]
Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The average credit...
Home Value Appreciation Stops Falling, Begins to Stabilize
The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer. In a recent post on the National Association of Realtors’...
Home Buyer Demand Will Be Strong for Years to Come
There has been a lot written about millennials and their preference to live in city centers above their favorite pizza place. Some have even gone so far as to say that millennials are a “Renter-Generation”. And while this might be true for some millennials, more and...
Why Pet-Friendly Homes Are in High Demand
One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers, rather than alienating the 68% of American households that...
What to Consider When Choosing Your Home To Retire In
As more and more baby boomers enter retirement age, the question of whether they should sell their homes and move has become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to...
Spring 2019- Seller’s Guide
Things to Consider When Selling Your House It's difficult to know when is the best time to sell, or how to get the most money for your house, but you don't need to go through the process alone.You may be wondering if prices are projected to rise or fall... or how much...
Spring 2019- Home Buyer’s Guide
Things to Consider When Buying a Home The process of buying a home can be overwhelming at times, but you don’t need to go through it alone.You may be wondering if now is a good time to buy a home ... or if interest rates are projected to rise or fall. I put together...
Your Home’s Spring Maintenance Checklist [INFOGRAPHIC
Some Highlights: Every spring, your home needs some extra TLC! Whether you plan on selling your home this spring or not, conducting this maintenance will help ensure your home functions well for the rest of the year. Your real estate agent will have a list of specific...
3 Graphs that Show What You Need to Know About Today’s Real Estate Market
The Housing Market has been a hot-topic in the news lately. Depending on which media outlet you watch, it can start to be a bit confusing to understand what’s really going on with interest rates and home prices! The best way to show what’s really going on in today’s...
3 Reasons Renters Want to Buy a Home
Looking to Upgrade Your Current Home? Now’s the Time to Move-Up!
In every area of the country, homes that are priced at the top 25% of the price range for that area are considered to be Premium Homes. In today’s real estate market there are deals to be had at the higher end! This is great news for homeowners who want to upgrade...
Homebuyers Shouldn’t Worry About 2008 All Over Again
Last week, realtor.com released a survey of active home shoppers (those who plan to purchase their next home in 1 year or less). The survey asked their opinion on an impending recession and its possible impact on the housing market. Two major takeaways from the...
5 Reasons To Sell Your House This Spring!
Here are five compelling reasons listing your home for sale this spring makes sense. 1. Demand Is Strong The latest Buyer Traffic Index from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country....
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10 Steps to Buying a Home [INFOGRAPHIC]
Some Highlights: If you are thinking of buying a home, you may not know where to start. Here is a simple list of 10 steps that you will go through to purchase a home. Make sure to ask your agent for details about each step and what else may be required in your area!
How to Put Your Housing Cost to Work for You
There has been a lot written about the benefits of homeownership. One benefit that continues to rise to the top is the added wealth homeowners gain simply by paying their mortgage while their home increases in value over time. The National Association of Realtors...
Data Says April is the Best Month to List Your Home for Sale
The spring housing market is off to the races! The inventory of homes for sale is increasing, buyers are out in force, and interest rates have remained low, piquing the interest of buyers and sellers previously on the fence about making a move. New research from...
The Enormous Divide Between the Headline and the Truth
“I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as a sage.” – John Stuart Mill (1840s) Even back in the mid-1800s, people knew that negative news sells. That is still...
Your Tax Refund Is The Key To Homeownership!
According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes. This is down slightly from the average refund of $3,436 last year. Tax refunds are often thought of...
4 Reasons This Spring Market Is Better Than Last Year
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20 Tips for Preparing Your House for Sale This Spring [INFOGRAPHIC]
Some Highlights: When listing your house for sale, your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Your real estate agent will have a list of specific suggestions for getting...
Is Your House Priced To Sell Immediately (PTSI)?
In today’s real estate market, with more houses coming to market every day and eager buyers searching for their dream home, setting the right price for your house is one of the most important things you can do. According to CoreLogic’s latest Home Price Index, home...
Do 46 Million Millennials Know They Are Mortgage Ready?
Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as part of attaining the American Dream. Millennials have taken longer to obtain traditional milestones than the generations before them, such as getting...
What Credit Score Do You Need To Buy A House?
There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed! Only 25% of the Americans have a...
New Listing- 4914 Saddlewood CIR, Johnstown CO 80534
Click here to see more pictures and detailed information. Schedule a Showing Market Statistics Search Homes For Sale Instant Home Values No Brainer Listing Great NoCo Homes Broker/Owner Local Pro Realty 970-710-3770 Questions?Schedule a Showing! L2L Virtual...
Want To Increase Your Family’s Wealth? Here’s How!
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...
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Don’t Let Your Luck Run Out! Buy A Home This Spring [INFOGRAPHIC]
Some Highlights: Interest Rates for a 30-year fixed rate mortgage have dropped to 4.41% from near 5% in 2018. Take advantage of more inventory coming to market in the spring to find your dream home! Buying now will allow you to start earning equity today!
Homeownership is a Cornerstone of the American Dream
“The rumors of my death are greatly exaggerated.” The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash,...
7 Things To Avoid After Applying for a Mortgage!
Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time life changes, consult your loan...
What’s Going On with Bidding Wars?
In a strong seller’s market, like the one we have experienced over the past few years, bidding wars are common and expected. This makes sense! A seller’s market is defined as a market in which the inventory of homes for sale cannot satisfy the number of buyers who...
4 Reasons to Buy a Home in the Spring
Spring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 4.4% over the last 12...
FSBO- What You Must Know
FSBOs Must Be Ready to Negotiate I In a recovering market, some sellers might be tempted to try and sell their home on their own (FSBO) without using the services of a real estate professional. The real estate agent is a trained and experienced negotiator. In...
5 Reasons Homeownership Makes ‘Cents’
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Preparing to Spring Forward [INFOGRAPHIC]
Some Highlights: In the majority of the country, this weekend marks the start of Daylight Savings Time as we set our clocks forward an hour on Sunday at 2:00 AM EST. Whether you plan on buying or selling this spring, these tips could help you ‘spring ahead’ of your...
Why an Economic Slowdown Will NOT Crush Real Estate this Time
Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future: “While only 10% of panelists expect a recession in...
2 Reports That Say Now Is a Great Time to Sell
Heading into the spring buying market, there are strong trends starting to emerge. The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at a slower rate. The...
How to Have a Unique Open House
According to the National Association of Realtors, total inventory has been growing for six months straight, as has the number of buyers looking to find their dream home. In a market where inventory is increasing, you want to stand out in the crowd! This quote from...
The Housing Market Will “Spring Forward” This Year!
Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market. Many potential sellers believe that waiting...
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Home Prices Up 5.73% Across the Country! [INFOGRAPHIC]
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state,...
The Cost of Buying a Home – A 50-Year Flashback
Tips For Getting Your House Ready For Sale
No Worries… Home Prices Coming in for a SOFT Landing
Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in...
Interest Rates Hit New 12 Month Low!
According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%....
What are the Benefits of Becoming a Homeowner?
Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner for the first time! Why is this date...
How Can I Increase My Family’s Net Worth?
Every three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15%...
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3 Tips for Making Your Dream of Buying A Home Come True [INFOGRAPHIC]
Some Highlights: Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking too much about it. Living within a budget right now will help you save money for down payments while also paying down other...
3 Reasons Why We Are Not Heading Toward Another Housing Crash
With home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of twelve years ago. Here are three key metrics that will explain...
Why A Normal Market is Just What We Need
The housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone find their dream home. This ‘seller’s market’ has driven home...
2019 Will Be a Great Year for Buyers AND Sellers
Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming!...
Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One!
In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy...
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Where Did Americans Move in 2018? [INFOGRAPHIC]
Some Highlights: Every year United Van Lines conducts their National Movers Study by tracking their customer’s movement state-to-state over the course of the year. Vermont claimed the top spot of states with the highest percentage of inbound residents following a...
First Comes Love… Then Comes Mortgage? Couples Lead the Way
According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2018 at 54% of all buyers. It is no surprise that buying a home is more attainable with two...
Why Homeownership Matters Now More Than Ever
Study after study shows that no matter what generation Americans belong to, the vast majority believe that homeownership is an important part of their American Dream. The benefits of homeownership can be broken into two main categories: financial and non-financial...
How To List Your Home for the Best Price
If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the course of 2018. The map below shows the...
Thinking of Selling Your House? This is a Perfect Time!
It is common knowledge that a great number of homes sell during the spring buying season. For that reason, many homeowners hold off putting their homes on the market until then. The question is whether or not that is a good strategy this year. The other listings that...
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5 Reasons to Love Hiring A Real Estate Pro [INFOGRAPHIC]
Highlights: Hiring a real estate professional to guide you through the process of buying a home or selling your house can be one of the best decisions you make! They are there for you to help with contracts, explaining the process, negotiations, and pricing (both when...
How to Get a Better Perspective on Affordability
Headlines spotlight the fact that buying a home is less affordable today than it was at any other time in more than a decade. Those headlines are accurate. Understandably, buying a home is more expensive now than immediately following one of the worst housing crashes...
The KonMari Method: Helping You Prep Your House For Sale
One of the biggest challenges sellers face when listing their house is decluttering. Cleaning out some of the more personal decorating choices allows buyers to imagine themselves living in the house. Those planning to sell soon are in luck! Marie Kondo, the inventor...
One More Time… You Do Not Need 20% Down to Buy a Home
The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after paying expenses. In combination with...
Whose Mortgage Do You Want to Pay? Yours or Your Landlord’s?
There are some people who haven’t purchased homes because they are uncomfortable taking on the obligation of a mortgage. However, everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your...
No Matter What the Groundhog Says… You Should Sell Before Spring!
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5 Reasons Homeowners Throw the Best Super Bowl Parties! [INFOGRAPHIC]
Highlights: Watching the big game at home with your friends & family offers many advantages. There’s more room to entertain a large crowd, and you don’t have to worry about complaints to your landlord if you cheer too loudly! The kitchen is big enough to make as many...
Do You Know How Much Your Home Has Increased in Value?
Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their homes. Recently, the 2018 Houzz & Home Study revealed: “Homeowners with mortgages have seen their home equity more than...
4 Proven Ways Real Estate Can Build Sizable Family Wealth
Recently, David Greene, co-host of the BiggerPockets podcast and a nationally renowned author and speaker, wrote an article in Forbes explaining how investing in real estate could help build wealth. Many of the points he made also apply to a family owning their own...
Is Student Loan Debt A Threat to Homeownership? No!
Over the course of the last thirty years, a shift has happened. An entire generation has been raised to believe that a college education is their key to unlocking opportunities that were not available to their parent’s or grandparent’s generations. Due to this,...
Why It Makes No Sense to Wait for Spring to Sell
The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. The supply of homes for sale dramatically...
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Think You Should For Sale By Owner? Think Again! [INFOGRAPHIC]
Some Highlights: For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate broker or real estate agent. According to the National Association of Realtors’ Profile of Home Buyers & Sellers, 36% of homeowners who decided...
3 Things You Need in a Shifting Real Estate Market
Whether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What is actually happening with mortgage rates? Are home values dropping or are they just rising at a slower pace? What impact...
The Importance of Homeownership to the American Dream
For centuries, people in this country have seen homeownership as part of the American Dream. Whether they were born here or immigrated from another country, they wanted to own a piece of America. With so many prominent societal changes over the last few decades, it is...
Do You Prefer the Charm of an Existing Home?
When homebuyers begin their research, they want to see all their available options! In many cases, they will include both new construction and existing homes in their search; but is a new construction home really the house of their dreams? According to a recent survey...
The Difference Having a Professional on Your Side Makes
In today’s fast-paced world, where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, with the addition of more information, comes more confusion....
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What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]
Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019. CoreLogic predicts...
Buying a Home this Year? Here Comes the Inventory!
Last Chance! Homes are a Bargain Compared to Historic Norms
A loaf of bread used to be a nickel. A movie ticket was a dime. Not anymore. Houses were also much less expensive than they are now. Inflation raised the price of all three of those items, along with the price of almost every other item we purchase. The reason we can...
Selling Your Home? Make Sure the Price is Right!
If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price. In today’s shifting real estate...
Buying a Home Young is the Key to Building Wealth
Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set. “Today’s older adults became...
Buying a House This Year? This Should Be Your 1st Step!
In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your...
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The Cost Across Time [INFOGRAPHIC]
Some Highlights: With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.0% by this time next year according to Freddie Mac. The impact your interest rate makes on your...
How Much Has Your Home Increased in Value?
The Best Time to List Your House? TODAY!
You may have heard that the housing market is softening. There is no doubt that buyer traffic has decreased. There are fewer purchasers in the market than there were last month and at this time last year. What you may not have heard, however, is that there is still a...
Is the Recent Dip in Interest Rates Here to Stay?
Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market...
Buying A Vacation Property? Now Is A Good Time!
Every year around this time, many homeowners begin the process of preparing their homes in case of extreme winter weather. Some others skip winter all together by escaping to their vacation homes in a warmer climate. For those homeowners staying at their first...
Want to Get the Most Money from The Sale of Your Home? Use These 2 Tips!
Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house? Here are two keys to ensure that you get the highest price possible. 1. Price it a LITTLE LOW ...
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Top Renovations to Complete Before You Sell Your House [INFOGRAPHIC]
Some Highlights: If you are planning on listing your house for sale this year, here are the top four home improvement projects that will net you the most Return on Investment (ROI). Minor bathroom renovations can go a long way toward improving the quality of your...
Your 365-Day Mortgage Rate Forecast
Belief in Homeownership as an Investment is Far from Dead
Following last year’s real estate market was like riding a rollercoaster. The market started off strong in 2018 and then softened before finishing with a mild flurry. However, one thing that did not waiver was America’s belief that owning a home makes sense from a...
Excited About Buying A Home This Year? Here’s What to Watch
As we kick off the new year, many families have made resolutions to enter the housing market in 2019. Whether you are thinking of finally ditching your landlord and buying your first home or selling your starter house to move into your forever home, there are two...
Here’s to a Wonderful 2019!
We hope 2019 is a great year for you, both personally and professionally!
Why You Should Not For Sale By Owner
In today’s market, as home prices rise and a lack of inventory continues, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for most...
![Where is the Housing Market Headed in 2019? [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/12/20181228-Share-STM.jpg)
Where is the Housing Market Headed in 2019? [INFOGRAPHIC]
Some Highlights: Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes! Home prices will rise at a rate of 4.8% over the course of...
5 Reasons to Resolve to Use a Real Estate Professional in 2019
24 Hours that Suddenly Improved the Market
This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row. To many,...
How to Save Thousands of Dollars in Interest on Your Mortgage
One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the course of 30-years seems daunting, here are some easy ways to shorten that term which will actually end up saving you money over...
Thank You for All Your Support
What Makes a House a Home For You?
We frequently talk about why it makes sense to buy a home financially, but more often than not the emotional reasons are the more powerful or compelling ones. No matter what shape or size your living space is, the concept and feeling of a home can mean different...
![Buyers Are Looking for Your Home, Now [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/12/20181221-Share-STM.jpg)
Buyers Are Looking for Your Home, Now [INFOGRAPHIC]
Some Highlights: Existing home sales are currently at an annual pace of 5.32 million and have increased on a monthly basis for the last two months. The inventory of existing homes for sale remains below the 6-months needed for a normal market and is now at a 3.9-month...
4 Quick Reasons NOT to Fear a Housing Crash
There is a lot of uncertainty regarding the real estate market heading into 2019. That uncertainty has raised concerns that we may be headed toward another housing crash like the one we experienced a decade ago. Here are four reasons why today’s market is much...
Homeownership Remains a Huge Part of the American Dream
As we head into 2019, many news outlets and housing experts warn that the housing market may slow down. Over the last six years, the inventory of homes for sale has been near historic lows, which has been the force behind increasing home prices. This has been great...
Why Houses DO NOT Sell in a Strong Market
As we approach the end of the year, many homeowners find themselves asking the question, “If we’re currently in a strong real estate market, why won’t my house sell?” Below are the 5 most common reasons why a listing contract will expire: 1. The Price Sometimes when...
5 Reasons to Sell This Winter!
Here are five reasons listing your home for sale this winter makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These...
![4 Reasons to Sell Your House This Winter [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/12/20181214-STM-Share.jpg)
4 Reasons to Sell Your House This Winter [INFOGRAPHIC]
Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing...
No Bubble Here! How New Mortgage Standards Are Helping
Real estate is shifting to a more normal market; the days of national home appreciation topping 6% annually are over and inventories are increasing which is causing bidding wars to almost disappear. Some see these as signs that the market will soon come tumbling down...
When’s the Best Time to Sell Your House?
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...
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...
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...
51% of Homeowners Love Their Forever Homes …Do You?
![The Tale of Two Markets [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/12/20181207-Share-STM.jpg)
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! Inventory continues to...
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...
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...
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...
4 Reasons to Buy A Home This Winter!
Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts that...
![Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/12/20181130-Share-STM.jpg)
Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state,...
Further Proof It’s NOT 2008 All Over Again
Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as red flags and are...
24% of Renters Believe Winter is the Best Time to Buy a Home
In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to buy. According...
5 Reasons to List Your Home This Holiday Season
The #1 Reason to Not Wait Until Spring to Sell Your House
Many sellers believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then that is when they will have the...
Buyers: Don’t Be Surprised by Closing Costs!
Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting...
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Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]
Some Highlights: Existing home sales are currently at an annual pace of 5.22 million, which is up 1.4% over last month. This reverses the six-month trend of dips in sales every month. The inventory of existing homes is still below the 6-month supply needed for a...
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Have a great holiday!
Will Your Side Hustle Buy You a House This Year?
The top concern for most first-time home buyers is their ability to save for a down payment. According to a new survey, 36% of millennials took on a second job to make their dreams of homeownership a reality in 2017. Among millennials with incomes over $100,000 a...
Females Are Making It a Priority to Invest in Real Estate!
Everyone wants a place to call home; a place that gives them a sense of security. We are currently seeing major interest from females who want to achieve this dream, and the numbers are proving it! In 2018, for the second year in a row, single female buyers accounted...
7 Reasons to List Your House For Sale This Holiday Season
Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are seven great reasons...
![The Cost of Renting vs. Buying a Home [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/11/20181116-Share-STM.jpg)
The Cost of Renting vs. Buying a Home [INFOGRAPHIC]
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.4%) vs. the percentage needed to buy a median-priced home (17.5%), the choice...
Wage Increases Make Home Buying More Affordable
Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages. How much a family earns obviously impacts how easy or difficult it is for them to...
Home Sellers in Q3 Netted $61K at Resale
According to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232. This is the highest average price gain since the second quarter of 2007 and...
Are Homeowners Renovating to Sell or to Stay?
Over the past few years, two trends have emerged in the housing market: Home renovations have shot up Inventory of homes available for sale on the market has dropped A ‘normal’ housing market is defined by having a 6-month supply of homes for sale. According to the...
How to Honor a Veteran Today and Everyday
One hundred years ago, on the eleventh hour of the eleventh day of the eleventh month, we marked the end of the “war to end all wars.” That day, which was to be observed annually on the eleventh day of the eleventh month, became known as Armistice Day and then, later...
![VA Home Loans by the Numbers [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/11/20181109-Share-STM.jpg)
VA Home Loans by the Numbers [INFOGRAPHIC]
Some Highlights: The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans & 2 million active duty service members which helps them achieve their dreams of homeownership. In 2017, $189 billion was loaned to veterans and...
5 Tips for Building a New Home
75% of Renters Have Been Misinformed
Recently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t partake in a...
Why Has Housing Supply Increased as Sales Have Slowed Down?
According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last...
5 Tips When Buying a Newly Constructed Home
The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place. To ensure a hassle-free process, here are 5...
2 Myths Holding Back Home Buyers
Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017...
Are We Heading Towards Another Housing Bubble (VIDEO)? NO!
![The Difference an Hour Will Make This Fall [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/11/20181102-Share-STM.jpg)
The Difference an Hour Will Make This Fall [INFOGRAPHIC]
Every Hour in the US Housing Market: 596 Homes Sell 278 Homes Regain Positive Equity Median Home Values Go Up $1.20
How Will Home Sales Measure Up Next Year?
There are many questions about where home sales are headed next year. We have gathered the most reliable sources to help answer this question. Here are our sources: Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the...
Taking Fear Out of the Mortgage Process
A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it...
Are You Spending TOO Much on Rent?
Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the...
Thinking of Selling Your Home? Here’s Why You Need A Pro in Your Corner
With home prices on the rise and buyer demand still strong, some sellers may be tempted to try and sell their homes on their own without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation and, in most cases,...
Don’t Be Spooked by the Real Estate Market
![Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/10/20181026-Share-STM.jpg)
Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]
Some Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts: 72% of buyers who purchased homes this year have put down less than 20%....
Where are Home Values Headed over the Next Few Years?
There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over...
Still Think You Need 15-20% Down to Buy a Home? Think Again!
According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well! Now that the largest generation since baby boomers has aged into prime homebuying age,...
Housing Is Still Affordable in the United States!
Lately, there have been many headlines circulating about whether or not there is an “affordability issue forming in the housing market.” If you are considering selling your current house and moving up to the home of your dreams, but are unsure whether or not to...
Will Home Prices Continue to Increase?
There are many unsubstantiated theories about what is happening with home prices. From those who are worried that prices are falling (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational...
![20 Tips for Preparing Your House for Sale This Fall [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/10/20181019-Share-STM.jpg)
20 Tips for Preparing Your House for Sale This Fall [INFOGRAPHIC]
Some Highlights: When listing your house for sale, your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Your real estate agent will have a list of specific suggestions for getting...
Is the Increase in Inventory a Bullish or Bearish Sign for Real Estate?
In a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.com reported that: New listings jumped 8% year-over-year nationally, the largest increase since 2013 Total listings in the 45 largest markets are now up 6% on average over last...
5 Tips for Starting Your Home Search
In today’s real estate market, with low inventory dominating the conversation in many areas of the country, it can often be frustrating to be a first-time homebuyer if you aren’t prepared. In a recent realtor.com article entitled, “How to Find Your Dream Home—Without...
Baby Boomers are Downsizing, Are You Ready to Move?
For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame? Here’s what some of the experts have to say on the subject: Aaron Terrazas, Senior Economist at Zillow,...
Pre-Approval: Your 1st Step in Buying a Home
In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream...
![Buying a Home? Do You Know the Lingo? [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/10/20181012-Share-STM.jpg)
Buying a Home? Do You Know the Lingo? [INFOGRAPHIC]
Some Highlights: Buying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home. The best way to ensure that...
Owning a Home is Important to All Generations (Video)
Dispelling the Myth About Home Affordability
We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate. But, have you ever wondered why the headlines don’t say the last 25 years, the last 20 years,...
New Home Sales Up 12.7% From Last Year
According to the latest New Residential Sales Report from the Census Bureau, new construction sales in August were up 3.5% from July and 12.7% from last year! This marks the second consecutive month with double-digit year-over-year growth (12.8% in July). The report...
What’s Going On With Home Prices?
According to CoreLogic’s latest Home Price Insights Report, national home prices in August were up 5.5% from August 2017. This marks the first time since June 2016 that home prices did not appreciate by at least 6.0% year-over-year. CoreLogic’s Chief Economist Frank...
The True Cost of NOT Owning Your Home
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence. Realtor.com reported that: “Buying remains...
![Buying a Home is Cheaper than Renting in 38 States! [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/10/20181005-Share-STM.jpg)
Buying a Home is Cheaper than Renting in 38 States! [INFOGRAPHIC]
Some Highlights: According to a study by GOBankingRates, it is cheaper to buy a home than rent in 38 states across the country. In six states the difference between buying & renting would account for less than a $50 monthly difference, leaving the choice up to the...
Are We About to Enter a Buyers’ Market?
Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for the past several...
2 Factors to Watch in Today’s Real Estate Market Whether Buying or Selling
When it comes to buying or selling a home there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey are just some of those factors. When it comes to today’s real estate market, though, the...
Mortgage Interest Rates are Still Going Up… Should You Wait to Buy?
Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates...
How Does the Supply of Homes for Sale Impact Buyer Demand?
The price of any item is determined by the supply of that item, as well as the market’s demand for it. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for...
![Should I Buy Now? Or Wait Until Next Year? [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/09/20180928-Share-STM.jpg)
Should I Buy Now? Or Wait Until Next Year? [INFOGRAPHIC]
Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of 2019. CoreLogic...
Are Home Prices Softening or Are They Falling?
We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written to address the impact that these two situations will...
The Cost of NOT Paying PMI
Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live. There is a common misconception among homebuyers that a 20% down payment is required, and it is this...
Where Are Mortgage 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...
How Much Has Your Home Increased in Value?
Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year. CoreLogic broke down appreciation even further into four price ranges,...
![4 Reasons to Sell This Fall [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/09/20180921-Share-STM.jpg)
4 Reasons to Sell This Fall [INFOGRAPHIC]
Some Highlights: Housing inventory is still under the 6-month supply that is needed for a normal housing market. Buyers are often competing with one another for the listings that are available. Perhaps the time has come for you and your family to move on and start...
Is the Real Estate Market Finally Getting Back to Normal?
The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation Survey: After the bubble...
25% of Homes with a Mortgage are Now Equity Rich!
Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the...
Home Prices: The Difference 5 Years Makes
CoreLogic recently released their Home Price Index Report. One of the key indicators used in the report to determine the health of the housing market was home price appreciation. CoreLogic focused on appreciation from July 2013 to July 2018 to show how prices over the...
If You Are Thinking of Selling? You Must Act NOW!
If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned about the concept of supply and...
![Is Buying a Home Really More Stressful Than Planning a Wedding? [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/09/20180914-Share-STM.jpg)
Is Buying a Home Really More Stressful Than Planning a Wedding? [INFOGRAPHIC]
Some Highlights: According to a new survey from Open Listings, 62% of Americans ages 25-54 believe that buying a home is more stressful than planning a wedding. Many young couples are saving for a wedding and a home at the same time. The average US wedding now costs...
Are Homebuyers Starting to Hit the ‘Pause’ Button?
For the last several years, buyer demand has far exceeded the housing supply available for sale. This low supply and high demand have led to home prices appreciating by an average of 6.2% annually since 2012. With this being said, three of the four major reports used...
Home Prices Have Appreciated 6.9% in 2018
Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home Price Expectation Survey. Every month, the economists at CoreLogic release the results of their Home Price Insights Report, which...
NAR Reports Show It’s A Great Time to Sell!
We all realize that the best time to sell anything is when the demand for that item is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that right now...
4 Reasons Why Fall Is A Great Time to Buy A Home!
Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights report reveals that home prices have appreciated by 6.2% over the last 12 months. The same report predicts that...
![Home Prices Up 6.49% Across the Country! [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/09/20180907-Share-STM.jpg)
Home Prices Up 6.49% Across the Country! [INFOGRAPHIC]
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state,...
What Does the Future Hold for Home Prices?
Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash? Let’s try to answer these questions based on what has...
Homeownership is a Dominant Gene
There are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents. Children are More Likely to Own a Home if Their Parents Did According to an analysis of...
VIDEO- Supply & Demand in Real Estate
Rents Are on The Rise: Don’t Get Caught in The Rental Trap!
There are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by Apartment List addressed rising rents by stating:...
5 Reasons You Should Sell This Fall!
Here are five reasons why listing your home for sale this fall makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country....
![A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/09/20180831-Share-STM.jpg)
A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC]
Some Highlights: Hiring a real estate professional to help you buy your dream home or sell your current house is one of the most ‘educated’ decisions you can make! A real estate professional has the experience needed to help you through the entire process. Make sure...
Why are Existing Home Sales Down?
The latest Existing Home Sales Report issued by the National Association of Realtors (NAR) revealed that home sales have decreased for four consecutive months and are at their slowest pace in over two years. This has some industry leaders puzzled considering the fact...
Top 3 Myths About Today’s Real Estate Market
There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are starting to believe that we may be doomed to repeat ourselves. Others are just plain wrong when...
Home Sales Expected to Continue Increasing in 2019
Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting that home sales will increase nicely in 2019. Below is a chart depicting the projections of each entity for the remainder of 2018, as well as for 2019. As we can see, Freddie Mac, Fannie...
Rent or Buy: Either Way You’re Paying A Mortgage!
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your...
![What State Gives You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/08/20180824-Share-STM.jpg)
What State Gives You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]
Some Highlights: The majority of states in the Midwest and South offer a lower cost of living than states in the Northeast and West. The ‘biggest bang for your buck’ comes in Mississippi where, compared to the national average, you can actually purchase $115.74 worth...
What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?
Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ago in over two-thirds of the nation’s largest metros About 14% of all...
Having Trouble Saving Enough for Your Down Payment? Crowdfund It!
You read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home. Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a...
5 Real Estate Reality TV Myths Explained
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of “Love it or List it,” “Million Dollar Listing,” “House Hunters,” “Property Brothers,” and so many more...
The Net Worth of a Homeowner is 44x Greater Than A Renter!
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, covering 2013-2016 was recently released. The study revealed that the median net worth of a...
Buying is still cheaper than renting
![The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/08/20180817-Share-STM.jpg)
The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]
Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now – don’t wait until they hit...
Housing Market: Another Gigantic Difference Between 2008 and 2018
Some are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude that we are on a similar trajectory, speeding toward another housing crisis....
Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts
It should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district...
Have You Outgrown Your Starter Home?
For many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment. It may seem hard to...
Are You Thinking of Selling Your Home? Competition Is Coming!
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales...
![Existing Home Sales Cooling Off This Summer [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/08/20180810-Share-STM.jpg)
Existing Home Sales Cooling Off This Summer [INFOGRAPHIC]
Some Highlights: According to the National Association of Realtors’ latest Existing Home Sales Report, sales in June were down 2.2% from last year. Inventory of homes for sale showed a modest improvement of 0.5% over last year’s figures, but still remains under the...
Supply & Demand Will Determine Future Home Values
Will home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is known as the theory of “supply and demand,” which is defined as: “The...
The Wave of Millennial Homebuyers Continues to Swell
Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married,...
5 Reasons to Hire a Real Estate Professional Before Entering the Market!
Whether you are buying or selling a home, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem. That’s why you need an...
![Home Buying Myths Slayed [INFOGRAPHIC]](https://www.greatnocohomes.com/wp-content/uploads/2018/08/20180803-Share-STM-1.jpg)
Home Buying Myths Slayed [INFOGRAPHIC]
Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months!
Are Lending Standards Propping Up Home Prices?
Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say: “The increase in the prevalence of interest-only loans and the introduction of...
You Need an Agent Who Will Always Put You First
Whether you are a rookie homebuyer or have gone through the process many times, having a local real estate expert who is well versed in the neighborhood you are looking to move to, as well as the trends of that area, should be your goal while home shopping. One great...
Buying Is Now 26.3% Cheaper Than Renting in the US
The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States. In the six years that Trulia has conducted this...
The #1 Reason to Put Your House on The Market TODAY!
The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that home sales declined 0.6% to a seasonally adjusted annual rate of 5.38 million in June from 5.41 million in May, and are 2.2% below a year...
What You Need to Know About the Mortgage Process [INFOGRAPHIC]
Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC]
June 2018- Monthly Housing Report
As we all learned last week, the FED raises interest rates by .25%. Not a big jump but nonetheless a jump that will lead many to think that the end of the world is near. Don't jump! In the slideshow below, we'll show you slide by slide why a rate increase...
Rent vs Buy
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), the...
Top 4 Home Renovations for MAX ROI
Client Testimonials
This Guy’s Good!
I can’t find another agent with the level of honesty as an individual and dedication as a professional. Doug never hesitated to share with me the good, the bad and the ugly. Read more “This Guy’s Good!”
Outstanding!
Doug exhibited such caring concern…What one typically views as only a business relationship began to incorporate the attributes of a respected and trusted friend. I am indeed grateful for the services of quality that he extended on our behalf. Throughout the process, Doug was diligent in updating us on developments and in responding to our… Read more “Outstanding!”
Could Not Recommend Highly Enough
Being a single woman, I was reluctant to work with a male Realtor. A friend of mine had recently bought a home with the help of Doug Lindstrom. He came highly recommended by her so I was put at ease when it came time to sell my home. From the very first meeting, I could… Read more “Could Not Recommend Highly Enough”
Job Well Done!
I’m writing this letter to express my gratitude and appreciation for a job well done on your part. You have made my home-buying experience pleasant and seamless. Your professionalism and expertise coupled with your personable touch was a credit to your team in High Plains Village.
Beyond Any Expectations We Had
We wanted to take a few moments to thank you, and to relay how very much we have enjoyed working with you. Your high level of professionalism; your enthusiasm and positive attitude throughout the entire process of selling our home really helped to make the entire process a very pleasant one indeed. We would not… Read more “Beyond Any Expectations We Had”
