Category Archives: Buying a home

Stop looking at the list price! It doesn't really matter.

Why is it that your typical buyer will always be locked in on the list price. They certainly don’t want to pay more than that, after all, it’s still a buyer’s market right? But the list price has nothing to do with what it is worth. Take the house I listed about [...]
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Strong Summer Sales Deplete Supply of Quality Affordable Homes

We haven’t really seen an increase in home sales in Denver but if you are trying to buy a home right now, it sure could seem like it. With the buyer credit set to expire November 30th and interest rates hovering around 5%, many buyers who waited until the last minute to start looking [...]
Also posted in Denver Real Estate, Selling a home, statistics | Comments closed

The main cause of Foreclosures in Denver….

The cause of many of the current foreclosures may be simply that there is no longer any incentive to make payments. There is no equity because there was no money involved for the home owners. There was none created by paying down principal, and there is no longer any more appreciation. It’s [...]
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The Denver Real Estate Market's Long Winter…

In 1816, the winter seemed to never end. In New England, ice on river banks was still visible in July and August. The year came to be known as ‘1800 and froze to death’ or ‘the poverty year’. It seems 2008, while much warmer and comfortable temperature wise, will be the year [...]
Also posted in Denver Real Estate, housing bubble, statistics | Comments closed

Top 5 reason's to buy a home right now. The Spring of 2008

I’m sure there is a lot of reason’s why you may feel you shouldn’t buy a home right now, but here are reasons you should. 1.  You are an investor with a long term view to acquire properties that should appreciate during the next cycle while cash flowing in the short term.   Great investors don’t buy in hot markets, [...]
Also posted in Denver Real Estate, Investing, rental, value | Comments closed

Real Estate, Art and the Mad Man

Can you imagine what the Mona Lisa would look like if Leonardo da Vinci worked quickly with a 4 inch brush?  He probably would not have caught the details necessary to communicate his intent and we likely would never have even heard of this masterpiece.  If the details get lost in translation, much of the [...]
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Five Tips for Home Buyers when Purchasing the Biggest Investment of their Life

In case you didn’t catch the Today Show this morning.  A home buyer in San Diego is suing her Realtor since she discovered she paid $175k more than her neighbor did for their house.   She blames her Realtor for allowing her to ‘overpay’ for her home.  I’ll go out on a limb and say she doesn’t have [...]
Also posted in Denver Real Estate, value | Comments closed