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 July Market Trends Report:  View Article

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


 

Real Estate News: 

Home Values Soar, First-Time Buyers Decline National Mortgage Professional Magazine : View Article

Denver Homes Sold Faster in April Than Anywhere Else in the U.S. Denver Business Journal : View Article

Homes in Denver Continue to Sell Really, Really Fast, Denver Business Journal : View Article

Denver Area Housing Market to See Big Value Increase in 2018, Denver Business Journal : View Article

Denver Apartment Rent Hikes Slowing; And How Much Do Mom And Dad Help? Denver Business Journal : View Article

Metro Denver's Median Home Price Hits $400K in February; Housing Inventory On The Rise The Denver Channel : View Article

Metro Denver Apartment Rents Fall Again, As New Construction Marches On, Denver Business Journal: View Article

Metro Denver Housing Price Gains Hold Steady For 4th Straight Month, Denver Business Journal: View Article

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


 

Buyer & Seller Tips:

Tips To Avoid Cyber Crime In Real Estate Transactions, Forbes.com:  View Article

Why Homeowners Should Get Permits When Doing A Home Remodel Or Addition, Remax: Maximum Exposure RE:  View Article

Items Never To Leave Out At An Open House, Remax: Maximum Exposure Real Estate:  View Article

Should I Rent or Sell My House?: View Article

Buying a House Before Marriage, What You Need To Know, Remax: Maximum Exposure Real Estate: View Article

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


 

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

Looking to Sell Your Home in 2017? Things to Consider from Denver Realtors


Are you kicking the idea around of moving, or do you know you are ready to sell your home? Spring is a great time. As you prepare for your next chapter, it is a great time to start preparing. Learn how the housing market is fairing in the early stages of this year, ideas for staging your home and tips for choosing Denver realtors to help you quickly sell your home for a great value and find you your next dream home.

Housing Outlook

If looking to buy a new home, from 2016 into 2017, it has fared well for buyers. It is a mixed market with home prices going on a steady increase—so this is great news for sellers too. It is anticipated that home prices will increase throughout the year as well—so if looking to buy, this early part of the year is a great time to make a move to get the most of your home and take advantage of lower prices. If you qualify for a FHA loan, it is important to know some of the recent changes that have occurred with the new presidential administration. Originally, a Federal Housing Administration (FHA) interest rate reduction was on the books but since has been suspended. So, if you had started the proceedings to get qualified for a FHA loan in 2016, you may want to talk to your lender and see how things may have changed.

Staging, Arranging and Upgrades

One of the best things you can do to make your home attractive to prospective buyers is staging. Staging is a great way to take your personality out of a home and enable the future buyer to envision them and their family in the space. As you work to have your home staged, it is also important to de-clutter. The more space a room has that is arranged the proper way can bring the most out of the room. To learn more about staging, try HGTV’s “15 Secrets of Home Staging.” Next, inspect your house to see if there are any minor fixes you can handle yourself that will help your resale value increase and entice buyers. This can be on a smaller scale from upgrading knobs and fixtures to as grand as repainting, upgrading appliances or redoing flooring.

Choosing a Realtor

One of the most important pieces to successfully selling your home and finding a new one is to work with a realtor. A realtor can help give you the perfect advice to make your home a hot commodity on the housing market for your area. They can also help you when it comes to the staging, arranging and upgrades if you are interested in making those changes. Also, when it comes to the housing market, they know all the ins and outs to perfectly price your home and negotiate a better price for your new one.
As you are preparing to sell your home in 2017, Giving Back Group can help! Not only will we help you sell your home and find a new one, we also donate 20 percent of our commission to the charity or nonprofit of your choice in your name at no additional cost. To get started, check out the home valuation process and we will get started on the sale of your home.
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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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