Latest News & Market Trends in Real Estate in Denver, CO Area

Charity Spotlight Features: Press Releases

Giving Back Group & Native American Rights Fund Partnership:  View Article

Colorado Young Leaders:  View Article


 

Market Trends:

Denver Metro Association of Realtors December Market Trends Report:  View Article

Individual Market Stats (Colorado) - First American Title:  View Article


 

Real Estate News: 

FBI: Hackers Scam Homebuyers Out Of Millions - And It's Getting Worse, Chicago Tribune: View Article

FSBOs Net 'Significantly' Lower Profits, Realtor Mag: View Article

Denver Future Home Appreciation: Showing 'No Signs of Letting Up', Denver Business Journal: View Article

All Time Record Low Home Inventory in Metro Denver, Denver Business Journal: View Article

Denver Rents on Their Way Up Again, Denver Business Journal: View Article

Denver Home Prices Hit a Record High in April, Denver Post: View Article

Denver Still Among Top 3 Cities for Home-resale Price Gains, Denver Business Journal: View Article

Colorado Makes a Strong Debut in U.S. News's 1st "Best States" Ranking, Denver Business Journal: View Article

14 Ways to Get Your Mortgage Approval Revoked, RE/MAX Executive Realty (MA): View Article

RE/MAX February 2017 National Housing Report, Denver Metro Association of Realtors: View Article

Adams County Down Payment & Closing Cost Assistance Program, Adams County Housing Authority: View Article

Home Ownership Less Costly than Renting in 2/3 of Housing Markets, National Mortgage Professional Online: View Article

Denver Area Rents Drop for First Time in 3 Years, 9News.com:  View Article

Housing Market Regains All Value Lost in Crisis, National Mortgage Professional Online:  View Article

Colorado Real Estate Predictions for 2017, Colorado Biz:  View Article

Home prices still climbing in Metro Denver, but sales pace slows, Denver Business Journal:  View Article


 

Buyer & Seller Tips:

15 Home Selling Myths You Need To Stop Believing, Denver Post: View Article

How Much House Can You Afford and Still Retire?, Denver Post: View Article

5 Things To Do Before Visiting an Open House, Denver Post: View Article

How to Challenge a Low Real Estate Appraisal, LinkedIn: View Article

Reasons Why an Appraisal Comes in Low, LinkedIn: View Article

10 Must See Tips: Getting Your Home Ready to Sell this Spring, LinkedIn: View Article

7 Simple Ways to Improve Your Credit Score (Which Saves You Money), Conscious Life News: View Article

Things to Inspect when Buying a Home, Maximum Exposure Real Estate: View Article

10 Anti-Bulglary Tips for Sellers, Realtor Mag: View Article

Properly Preparing for a Buyer's Home Inspection, LinkedIn:  View Article

4 Things You Should Know About Applying For a Mortgage, Fortune Builders:  View Article

Advantages and Disadvantages of Reverse Mortgages, Brundlr:  View Article

First Time Buyers Guide, my Realty Times:  View Article

Downsizing your home? These tips are just for you, Realty 4 Hire:  View Article

What is the actual cost of buying a home?, PropertyCluster.com:  View Article

Top 10 moving tips, Realty 4 Hire:  View Article

9 Important thing to consider when relocating, Realty 4 Hire:  View Article


 

Real Estate News Resources:

Denver Post Real Estate News:  Access Site

Denver Business Journal Residential Real Estate News:  Access Site

CNN Real Estate News:  Access Site

Wall Street Journal Real Estate:  Access Site

Realtor.com Real Estate News:  Access Site

RealtyTimes.com, Headlines, Advice From Agents and more:  Access Site

CNBC, Realty News:  Access Site

USA Today Real Estate News:  Access Site

Spring Cleaning and Staging Tips When Trying to Sell a Home in Denver


March 15, 2017

Spring is almost here, which means people are going to be looking for a new home! If you are looking to sell a home in Denver, now is the time to make sure your home is in pristine condition. This will help your home stand out amongst all others on the market. From a bright and clean environment and sprucing up the curb appeal, to other home selling tips, try some of these ideas when selling your house this spring!

Bright and Clean

When a prospective buyer walks into your home, one of the best things you can do for spring is make sure your home is clean and bright. If you have several rooms that are painted dark, or just need a touchup, consider painting them a brighter color. Avoid bold colors as you want the buyers to be able to envision themselves in the space and anything too out-of-the-norm can make that difficult. Next, to add to the clean look, declutter your home. When showing a home, you’ll want to have little to no clutter. This will help your space look large. While you are decluttering, this is also the time to do the heavy deep clean. Prior to showing a home, if you have normal clutter, invest in some storage boxes that you can toss a few things in and place in a closet.

Spring Curb Appeal

How is the outside of your home looking? Curb appeal is the first impression of a home. Some people might want to walk away if the outside of the house is in rough shape. Take some time to clean up your yard and prepare your landscaping. The month before spring is the perfect time to remove weeds and debris from plant beds and yards, mulch, plant additional flowers and prune trees. If the outside of your house needs love, you may want to consider painting or resoding. If your roof is in tough shape, depending on its age and condition, your insurance may be able to pick up the bill.

Other Home Sale Tips

If there are certain areas of your home that are worn or broken, weigh the pros and cons of fixing those items before putting your house on the market. Or, if you have a lot of inconsistent features, such as a variety of styles and colors of doorknobs, faucets, etc., making those consistent is one of those small changes that can go a long way. Then take a good look around the room and touch up any holes in the walls, scratches in flooring and beyond. For more information on ways to make your home more attractive to prospective buyers, read The Balance’s How to Sell Your Home in the Spring.

When you are ready to put your home on the market or find a new one, Giving Back Group can help. Plus, we will donate 20 percent of our commission to the charity or nonprofit of your choice. Read about the five best Denver charities and contact us at 303-881-4881 to get started.
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Short Sales Explained by Your Denver Real Estate Agent


March 8, 2017

The title “short sale” can be misleading because, at times, the process can by anything but short. However, for many it is a very rewarding purchase. It is definitely an option that should be considered if you find the home you’ve always been looking for that has the short sale stamp on it. Learn what a short sale is and what to expect, along with the pros and cons you should weigh when making the decision to buy one from your Denver real estate agent.

What is a Short Sale?

When you hear the term short sale, if you have never heard of them before it is easy to think “hey, this deal is going to go quickly!” Not exactly. A short sale essentially is a home that is being sold at a price lower than what is owed on the mortgage. This can occur due to homeowners who were no longer able to make their payments, or if their home is no longer worth what they paid. Ultimately this can happen when the value of the house has dropped. From there, homeowners who find themselves in this circumstance can reach out to their bank to get out of the situation with their lender. Or, in other cases, a homeowner simply wants to put their house on the market and it is worth less than what they paid. In most cases, people will want to list their house to make profit or break even. However, sometimes a hit has to be taken. This is where a short sale comes into play when the current homeowner works with the lender to sell a home for less than what’s on the mortgage—hence the terminology “short sale.”

What to Expect During the Buying Process

As you search, if you find a home that is a short sale, there are a few things to know. Because the homeowner must work with the lender on agreeing to sell the home at a lower price, it can take some time. In normal home buying processes, deals can close within 30 days. With a short sale, however, it can take months. If you are in a rush to buy, don’t necessarily write off a short sale, but just know that the process may take some time and you could consider how to manage the time if you need to move while the short sale proceeding s are in place. During the process, you will work with your realtor to submit and offer on the house. Usually once an offer is submitted, it will be under review at the bank. Given that the house is already being sold at a lower price as it is, if you are in love with the home, you are more likely to get it if you don’t throw out a super lowball offer. The work to finalize everything can take some time which is why it can take longer. Learn more about what to expect in Forbes’ What to Expect When Buying a Short Sale Property.

Should you Buy One?

So, now that you know what short sales are, should you buy one? Ultimately that is up to you and what your situation is. If you need to move quickly and do not have a way to have temporary housing while the process is going on, it might not be the best option for you and your realtor can help you find a similar home that will fall into the normal home buying process. Next, in many cases these homes can be fixer uppers. This can be a dream for someone to get a house at a low price and make their own. Each home can be looked at on a case by case basis, and this is where your realtor will help you walk through the process so you can make the best decision.

For any of your home search needs, Giving Back Group can help. Learn how together we can make a difference and give us a call today at 303-881-4881 today to get started on your next home search.
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Benefits of Leaving an Apartment and Purchasing a Home from Your Denver Real Estate Agent


March 1, 2017

Are you currently renting a house or apartment? Do you know how much you can save when making the switch to buy? While making the choice to stop renting and to own a home can be intimidating, it can be such a great investment. From the costs of rending and benefits of buying to ways you can begin to prepare to buy, learn more from your Denver real estate agent.

Costs of Renting

One of the pros to renting an apartment is being able to count on the landlord to pay for fixes. However, all those costs are built into your rent. Plus, prior to moving into the apartment there are various fees you have to pay for. While there is a cost too when choosing to buy, that is all money that you could potentially make back in a sale. Plus, over time rent typically increases each year. So between all of those factors, you will never be able to make money off your investment the way you can with buying. Plus, if you have animals, you are most likely going to have to add costs for your furry friendsas well. It’s best to be informed about all of the commonly overlooked costs of renting an apartment.

Benefits of Buying

One of the largest benefits of purchasing a home is that you are making an investment that you can eventually make money on down the road. Plus, if you purchase a home with a fixed-rate mortgage, you can trust that the price of where you live will not go up the way it can each year with renting. You can also take advantage of certain tax deductions too when owning a home. From mortgage interest to real estate taxes, you can learn more about the various tax benefits to take advantage of in Investopedia’s Top Tax Advantages of Buying a Home. Last, there is the feeling and gratification you will get when you know that you solely own your space.

Preparing to Buy

Once you make the decision that you will be purchasing a home, you will want to stop making any changes that would show up on a credit report. The bank you go through will want to see stability throughout the buying process. So if you are looking to buy a new car or get a new credit card you will want to hold off until after you purchase the home. Next, you will want to talk to a lender to see how much money you will need to save for your ideal future home. Once you know, you will want to save the funds to prepare for a down payment. You will also want to build up a savings for any issues that may arise in the new home.

As you make the decision to switch from renting an apartment to buying a home, Giving Back Group can help. We are your premier real estate agent that takes 20 percent of our commission from a sale and donates it to the charity of your choice. Contact us today to get started!
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Top Ways to Commute for Those Planning to Buy a Home in Denver


February 22, 2017

If you are planning to buy a home in Denver and have not lived here before, there are many different ways to get around! While much of the city is quite walkable in many areas, you have options when it comes to getting around. From maneuvering in your car to public transportation, there are plenty of ways you can get around the city.

Driving a Car

Many people in Denver choose a personal vehicle to get around the city. The highway system can help you get around but you might notice that you will run into traffic. I-70 runs east and west while I-25 takes you north and south. Then, I-25 and I-225 create a loop around the area, which is within a larger loop that extends out to Lakewood, Aurora, Highlands Ranch, Centennial and more. C-470 and E-470 wrap around the entire metro area, connecting with I-70. When winter time rolls around, it is important to be prepared--especially if you are not used to the snowy and icy conditions. First, always make sure you have plenty of gas and keep a safety kit that includes essentials if you get into a wreck or are stranded. Next, leave plenty of room between you and the car in front of you and avoid immediate stops as much as possible. Make sure you don’t text and drive. Learn more about the facts and statistics of distracted driving.

Take the Bus

Denver’s RTD bus system is open all year long. This mode of transportation has over 10,000 stops in eight counties, allowing users many stop opportunities if they prefer not to drive a vehicle. When traveling far, you can utilize RTD’s Trip Planner to help you learn where to stop, connect and more. Local rides are $2.60, regional rides are $4.60 and trips to the airport are $9. Those with disabilities or seniors over the age of 65 qualify for a 50 percent decrease in fares. When paying, you can purchase a day pass, one-way trip, tickets for multiple trips or passes and ticket books for larger amounts. Please note that when using the bus systems, RTD notes that drivers do not make change, so it is important you have the exact amount available for your fare.
 

Denver’s Light Rail System

Also through RTD is a light rail system. This also runs every day throughout the year. There are 53 stations located in the north, east, southeast, southwest and west regions around the city. Fares are the same as the bus, at $2.60 for local rides, $4.50 for regional rides and $9 to the airport. Boarding is simple! You will go to your nearest location and use the guides to find where to board. Depending on which type of rail system you have, there is 20 seconds to 45 seconds to board. Learn how to ride the rail from the RTD website.

Also if you are new to the Denver area, be sure to try these restaurant ideas from Denver realtors. When looking to find your dream home, Giving Back Group can help. We are Denver real estate experts that donate 20 percent of our commission to the charity or non-profit organization of your choice in your name--all at no cost to you. Contact us today to learn more or get started!
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​New to the area? Try these Restaurant Ideas from Denver Realtors


February 15, 2017

If you are moving to the Denver area, or are a new resident to the area, you will love the diverse restaurants the city has to offer. Denver’s food and beverage scene has emerged and continues to grow. No matter what cuisine you are looking for, you can find it all in Denver. The next time you are looking for a bite to eat or something to sip on, try some of these restaurant recommendations from Denver realtors.

The Kitchen
Named one of America’s Top Restaurants’ by Food and Wine Magazine, the James Beard Foundation and Gourmet, The Kitchen is a must-try location. This American bistro is located at 1530 16th Street in Denver, in the famous 16th Street Mall. This restaurant has food available for lunch and dinner and puts a huge emphasis on being local. The Kitchen’s menu changes seasonally based on availability. Be sure to check it to see what new and exciting items they are serving!

Acorn
Acorn defines their restaurant as a “unique, eclectic, contemporary bar and grill” in Denver’s River North District. Open six days a week for lunch, mid-day and dinner service, you will love the menu items that are served. It is a family-friendly atmosphere. In addition, the restaurant also accommodates private parties that will make for a memorable event in a fun and unique atmosphere. Acorn is located at 3350 Brighton Blvd. This award-winning restaurant has been featured in many publications too.

Rioja
Rioja, a James Beard Foundation semifinalist for Outstanding Chef in 2016, is a must to add to your list of restaurants to try. The food at this restaurant includes Mediterranean ingredients. They also put a huge emphasis on finding food and ingredients that are in season and local. Rioja has dinner service seven nights per week and features lunch Wednesday through Friday and brunch on the weekends. They are located at 1431 Larimer Street, in between 14th and 15th streets in Larimer Square. Valet parking is available.

ChoLon
ChoLon is a modern Asian bistro located at 1555 Blake Street in Suite 101. The restaurant has been a James Beard finalist for Best New Restaurant in America and also named one of Details Magazine’s Top 10 Best New Asian Restaurants in America. It has also been placed on Colorado 5280’s Top 25 Restaurant list. Each of ChoLon’s dishes are unique, delicious and colorful. Guests can enjoy a plethora of small plates, main plates, happy hour, desserts and more. They can also handle private events, both in the restaurant and catered to an off-site location.  

As you prepare to move to the Denver area, Giving Back Group can help. From knowing the ins and outs to finding the perfect home, we can help. Plus, when choosing Giving Back Group to find your next home, 20 percent of our commission will be donated to charity in your name. Learn more about why brokers giver back to charities and how it is a great opportunity. Ready to get started? Call us at 303-881-4881 and search through our listings to find your dream home in Denver.
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