New advice from the trenches on buying a home: Look early. Think fast. Hone your quick-draw skills with the checkbook. Metro Denver’s real estate market, not long ago a buyer’s domain, suddenly has shifted to a seller’s paradise, at least in some neighborhoods and price ranges. Realtors’ offices are rife with fresh anecdotes of sellers… [Read More]
Archives for May 2012
Home Values See Highest Monthly Increase Since 2006
Zillow issued a released Friday reporting that both national home values and rents rose in the month of April. According to the April Zillow Real Estate Market Reports, national home values rose 0.7 percent in April to a Zillow Home Value Index of $147,300. This is the largest monthly increase in home values since January… [Read More]
Cheap rates haven’t been enough to ignite home sales.
Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made home-buying and refinancing more affordable than ever for those who can qualify. Mortgage buyer Freddie Mac says the rate on the 30-year loan dipped to 3.79 percent. That’s down from 3.83 percent… [Read More]
Buying a home won’t get much cheaper
NEW YORK (CNNMoney) – Buying a home may never get any cheaper than this. Several housing experts are predicting that this year will be the last chance for bargain hunters to cash in on the best deals of the weak housing market. With home prices down 34% nationally since 2006 and mortgage rates at historic… [Read More]