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 October Market Trends Report:  View Article

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


 

Real Estate News: 

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

The Difference in Charitable Giving by Gender


January 25, 2017

It has been found by research that women tend to give to charity more than men do. This is true, even at all different levels of income. Women, in general, earn less than men do and also have accumulated fewer assets at the time of retirement. In other words, women have a tendency to give more, even with fewer resources available to them. So, yes, there is a  gender difference in charity support.

The Research Studies

According to the Women’s Philanthropy Institute, located at the Indiana University, it has been researched and reported that women display more empathy and altruistic behavior than men. This partly has to do with the way both genders view the world and their contributions to the world at large. The same research found that men will quickly give to charity if the organization is appealing and if it suits their best interest. Women, on the other hand, will give with the intention of promoting social change or to help the less fortunate.

Attitude and Feelings

One other reason is men’s and women’s difference in attitude toward money. Money, for men, represents achievement, power, and prestige. For women, money represents personal security, accomplishing goals, and freedom. A survey conducted by the U.S. Trust about Insights on Wealth and Worth found that when it comes to wealth and women, it is apparent that women are twice as likely to see charity as a satisfying experience of being wealthy. The survey report showed that older women and baby boomers gave more to charity than men of the same age.

The Married Couple

Marriage also has a positive impact on how women give. People who are married have a tendency of giving more often than a single family household headed by a woman. For married couples earning a higher income and having a higher net worth, giving is more frequent, even when there are changes to one partner’s income. However, generally, when the couple’s income is low and income changes, it would affect their giving substantially.

Compassion

Most women are compassionate by nature and for that reason will feel empathy to give, especially when the charity involves children or individuals who are experiencing hardship. That is not to say that men aren’t compassionate in the same situation, but if there were a comparison, women would come out stronger.

The Organization

Men have a tendency to research an organization first before giving to its charity while women will do so without conducting a research as long as it can be proven as being legitimate. In most cases, a woman may not research the organization, if she already is aware of its existence.

The decision to give to charity is complex, but when both sexes are compared, it is found that women will even be the instigator into convincing a husband to give to charity. Women also do not donate the same way that men do. Females contribute without receiving any rewards or incentives. Males contribute for things like tax deductions and possibly to a specific organization such as his college alma mater.

If you are a man or woman with an interest in charitable giving, use the Giving Back Group for your next real estate purchase or sale. The Giving Back Group will make a charitable contribution in your honor from their real estate commission. You can give to the charity of your choice. You also have the option to purchase or sell a home through the services of these realtors and they will donate real estate commissions to charity.  
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​Managing Your Finances if you Plan to Buy a Home in Denver


January 18, 2017

If you plan to buy a home in Denver, you need to take some time to plan your finances. There are a few key things you need to maintain that will not cause your mortgage company to change terms of a loan. Learn more about these financial tips as you prepare to take the next step.

Clean up your credit and save:

When you know that you are ready to purchase a home in the future, there are a few things you can do to help you get the best loan possible. For starters, start saving for your down payment. Depending on your situation, you may put anywhere from five percent to 20 percent down. A good way to start saving is taking money that you plan to use for your monthly mortgage and put it towards your down payment. This will allow you make the monthly payments all while saving. Next, work on improving your credit score. To do this, stop buying unnecessary items and pay down debts. You can see your score for free at Credit Karma. Checking your score this way won’t lower your score the same way it would if a business was running it to give you credit. Avoid making any purchases or taking out loans that would require a bank or business to run your credit as it will lower your score.

No large purchases:

Once you have made the decision to proceed with the home buying process, avoid making other large purchases. Your goal will be to keep your credit as-is because a potential mortgage company will be watching it. When you spend a large amount of money, whether it is a new car or an expensive piece of jewelry, it will affect your debt-to-income ratio. This ratio is the percentage of your gross income that goes towards monthly bills. It can also affect your score. So, before you start your process, make sure you are set on everything and can maintain everything until you close. Your bank will be checking your credit often and any changes can change the terms of the loan, or even the bank’s decision.

Understanding what you can afford:

When going into a new home loan, it is important to know how much you can afford. Saving for your down payment by setting aside money that you eventually plan to use as your mortgage may help. A bank will look at a variety of factors prior to giving you the terms of a loan. They will review your credit history, debts and the amount of what you can put down. Ideally, your monthly mortgage payment should max out just under 30 percent of your monthly gross income. Upon receiving the potential terms of a loan, you need to make sure you can handle it if it is higher. You do not want to get yourself into a situation where you are struggling on bills.

When you are ready to purchase your next home, Giving Back Group can help. Together, we can make a difference as 20 percent of our commission is donated to a charity of your choice. As we move into the colder months, learn more about finding Denver real estate in the winter season. Give us a call at 303-881-4881 to get started.
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Why Brokers Give Back to Charities


January 11, 2017

The Giving Back Group is a real estate agency dedicated to the community. Our brokers give back to a charity of the client’s choice after every transaction, but why do we do it? Here are some of the reasons why brokers should always give back to charities in their communities:

It helps you appreciate what you have.

The real estate market can have its up and downs, meaning brokers’ paychecks will vary depending on the economy. But, no matter how tight money may be, when brokers give back to charity, they start to appreciate what they have instead of focusing on what they don’t. Working with a charity really puts everything in perspective.

It’s a networking opportunity.

Although you should never get involved with a charity solely to further your career, this is a positive side effect of working with charities. When brokers give back to their community, they will inevitably meet a lot of new people in the area. This is a great opportunity to spread the word about your business and meet potential new clients. The next time anyone you meet through the charity needs to buy or sell a home, who do you think he or she will call? You!

But, be sure to put the charity first and your business second at events. You should never neglect the duties that have been assigned to you within the organization in order to talk up your business to someone who just walked in the door.

It can help you learn new skills.

When brokers give back to charities in the area, they can learn new skills that they can take back to work to improve their business. For example, if you are having trouble with marketing, volunteer on the marketing committee for a local charity so you can learn different strategies and tactics. You may even have the opportunity to learn new computer programs, such as PhotoShop or InDesign, that will help you create marketing materials for your real estate listings.

Agents could also work with a charity like Habitats for Humanity to learn more about the homebuilding process. Getting hands on experience with painting, caulking, dry walling and roofing will help you better explain all of these different aspects of a home to future clients.

It feels good.

Above all else, helping another human being out makes you glow on the inside. In fact, it has even been proven that donating time or money to charities will help boost your self-esteem. Research shows the more you dedicate yourself to the charity, the greater the benefits you will experience. Learn about why helping others makes us happy.

At the Giving Back Group, we are committed to providing exceptional real estate services. Whether it’s helping a buyer or a seller, our commitment remains the same – to provide exceptional service that exceeds our client’s expectations. We are also committed to our community and helping those in need, which is why our brokers give back to charity after every real estate transaction!
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​Top 3 Reasons to Sell a Home in Denver


January 4, 2017

It can be unclear when the right time to list your home for sale is. Some of the common times to sell a home is when your family is growing and you need more space or you want to relocate to a new neighborhood. There are other times when the idea of selling your home isn’t so clear. When the market is hot like it is in Denver, it could be the right time to greatly benefit from selling your home. Check out some of these reasons to consider taking the leap!

1. It’s A Seller’s Market

When the housing market favors sellers, it can be a great time to sell. It is the perfect time to extract the most profit from your home and use it to purchase a better fit. During this time, homebuyers are more willing to pay higher prices—whether it be asking price, or in some cases, above the listing price. When multiple offers come in, it is a great advantage for the seller. You can use the various offers as leverage to get the highest price. Denver’s housing market ranks No. 2 for an increase of housing prices. Perhaps this is great for you to consider selling and moving outside of the Denver county lines? It is something to discuss with a realtor and explore all options. Learn more about the denver housing market in Denver is Nation’s No. 2 market for rising housing prices by 9News.

2. Not Accommodating You Needs

When was the last time you thought about your living space. Is it too big? Too small? Have you constantly had to work around certain obstacles in your home? Sometimes you might not realize how your quality of life decreases due to unhappy living arrangements. For instance, if you have a growing family and do not have enough room to fit all the members and their belongings. Or, maybe your home’s layout does not work well for your needs. Last, maybe you have a large house and you no longer need that square footage. Keep in mind it costs more to heat and cool a larger space, so if you are not utilizing it, you could be throwing dollars down the drain. Also, distance can play a huge role where a person lives. Evaluate if you are happy with your normal commutes and if you would benefit living closer to work, family, lifestyle, etc.

3. Expensive home improvements

Over time, things in a home can start to fall apart. Some home fixes are small and easy, but some can be costly. If you did not sign up for a fixer upper and feel you are constantly having to invest in expensive repairs, weigh the pros and cons of selling versus fixing. During this process, evaluate what issues may come up in the future. If you know you will have more high price fixes in the future, you need to determine how important it is to maintain these improvements. It may be better to pass the home to an investor or person who has the time to make these fixes.

If you would like to explore the benefits of selling your home, the Giving Back Group can help. As your expert realtor, we will help you get the most for your house. To help you find more information out about your home’s worth, fill out our home valuation form. Upon filling it out, we will contact you to discuss further. Contact us today at 303-884-4881!
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Should You Renovate to Sell a Home in Denver?


December 21, 2016

When you want to sell your home in Denver, it may be beneficial to consider renovations. Renovating certain areas of your home may help increase its value. You could sell your home more quickly, and for more money. Your realtor can help you determine what areas may need to be improved in order to get the most out of your home.

Compare other homes

One of the best ways to determine if you need to make changes or renovate certain parts of your home is by looking at other homes. How do these homes in the area compare to yours? Do they have certain upgrades that yours does not have? If you are looking to sell your home at a higher price, and other homes have been upgraded, it may be something to consider. Ask your realtor for comps of neighborhood houses. These will tell you what square footage is going for to compare to, as well as upgrades like kitchen appliances, flooring, countertops and more.

Small changes

If you don’t need to make major changes, consider making smaller changes to help your home sell faster. For instance, replace anything that may be damaged or missing. Next, if there are any electrical outlets that aren’t working, have a local electrician fix the problem. Also, if there are holes or damages to the walls, you can get putty and paint to repair it. It can also be a good time to do major cleaning as potential buyers look at your home. If you have carpets, consider renting a carpet cleaner. If you have hardwood floors that aren’t in great shape, consider restaining them. Also, having your home staged can increase the amount that a buyer is willing to pay.

Larger renovations

If your home has not been upgraded for decades, you may need to make some changes for the home to sell or hit a desired price point. One of the largest items to consider is the roof. If the roof hasn’t been maintained or serviced in years, it may be beneficial to have an adjuster look at it and see if your insurance company will cover any of the fixes. Potential buyers can often be thrown off by the appearance of a kitchen. Consider investing in stainless steel appliances and an upscale counter like granite or marble in a neutral color, or potentially a faux version. This is also true for flooring. There are a variety of vinyl you can use for flooring that provide an upscale look at a great price point. To learn more about larger renovations by reading The 6 Home Renovations that Return the Most at Resale.

If you are looking to sell your home and need advice to have it sell quickly, the Giving Back Group can help. We are dedicated to making the selling and buying process seamless for our clients. And we also donate 20 percent of our commission to a charity of your choice. As you make your decision, be sure to learn the questions to ask Denver realtors. When ready to get started, call us at 303-881-4881.  
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