Real Estate Revolution

Posts with tag 'denver real estate market'

April 20, 2009
- THE TIME IS NOW!!!

For buyers and sellers the time for action is now!!! For some, the time for action was yesterday. The Denver real estate market has seen a huge surge in activity for homes priced under $250,000. I, and many others of my colleagues, have been in bidding wars for homes in this price range. With the winning bid sometimes being 10, 20 even 30 thousand over asking price. Home buyers and investors with the foresight to get out ahead of the market were able to pick up homes at amazing prices and may soon see some appreciation. This same surge is starting to move into the under $400,000 price range and soon to move beyond that. For buyers looking for a great deal the door is wide open. Even reports in the media are starting to state the positives of the real estate market in Denver. Click on the attached link for a report on Channel 7 News www.thedenverchannel.com/save-money/19134459/detail.html . As more and more take advantage of the perfect combination of low interest rates and affordable prices, our supply of available homes will decrease. Simple economics dictates that prices will start to go up. For sellers, regardless of if your home is priced within the current surge or the coming one, now is the time to either get your home on the market or to plan and prepare your home for the near future. For free reports to help you plan and prepare for either the buying or selling of a home, please visit www.rerevolution.net and click on the buy or sell tab. As the famous quote from Alan Lakein says "Failing to plan is planning to fail."

Keith Archer – Real Estate Revolution


March 30, 2009
- Spring Ahead! The Perfect Time to Buy a Home.

For the first time in 30 years, potential home buyers have the advantage of very low mortgage rates combined with a vast inventory of homes and relatively lower prices. If you've considered becoming a home-owner, or buying another property, you have a great chance to "get ahead" this spring!
By acting now during the spring selling season, buyers have time to find a home, complete the sale and move in by summer. This leaves plenty of time to make changes and fully move yourself into your new abode while the sun is shining. Also, there is still time purchase a vacation or second home and enjoy the summer there.
The most seasoned investors and smart buyers are beginning to realize the perfect combination of low interest and low home prices and are out in the marketplace already! This is one more reason why it's crucial to have a strong team working for you and your best interests to efficiently find you the perfect property.
Get prepared and know your options to make your home buying experience successful.
- Plan a budget and start a fund for your down payment. Although it is possible to get a mortgage with only five percent down (or even less in some cases) you can usually get a better rate and lower overall cost by putting more money down.
- Do your homework to determine how big a mortgage you can afford. Your mortgage lender can assist you with this process or you can do the work yourself with online mortgage calculators.
- Retain a good real estate professional who is experienced, an excellent negotiator and knows the local housing market. A real estate transaction is complicated and is difficult to complete alone. In most cases, buying a home requires completing disclosure forms, inspection reports and mortgage documents as well as getting insurance policies and taking care of many details. Finding someone who can guide you through this process will help avoid delays and costly mistakes.
- Know what kinds of other professionals you will need to make to complete the transaction. Some of these professionals include a home inspector, appraiser, title company expert, tax advisor and various environmental inspectors and specialists.
- Determine your closing costs. From homeowner's and title insurance to well water testing, there are many costs, both large and small, that a homebuyer will be expected to pay at the signing. Your REALTOR and mortgage loan officer can provide an accurate estimate of these costs, so there are no surprises as the transaction approaches a close.
Remember, while it is a perfect time to buy a home, it's important to do things right. We want to ensure that the home buying memories you create this spring are positive ones!



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