In today’s world, there are a lot of unknowns and many of us are unsure of what is happening! While we can’t answer many of questions surrounding what is going on, there is one topic we can answer questions about….the real estate market! In Northern Colorado (north of Longmont), thus far for the month of May we have had 430 properties come to market from $199K to $9.5, and 225 properties go … [Read more...]
75 Years of VA Home Loan Benefits
Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice. This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, also known as the GI Bill. Since 1944, this law has created opportunities for those who have served our country, ranging from vocational training to home … [Read more...]
Hurry and Make Those ‘Green’ Renovations, Tax Credit Expiring Soon
By Melissa Dittmann Tracey, REALTOR® Magazine Spread the word to your sellers and clients: Time is ticking to complete home renovation projects if they want to cash in on a tax deduction that expires at the end of the year. Tax credits are available for home owners who do upgrades that help them save energy and reduce their utility bills such as with more energy-efficient windows and doors, … [Read more...]
Housing Affordability: A Possible Good Omen
by Lawrence Yun, NAR Chief Economist Amid all the media reports on how housing is still “in the tank,” one piece of news seemed to have escaped many of the pundits. Housing affordability could possibly reach an all-time high of near 200 in the second half of this year. That is, a household making the median income would have twice the income necessary to buy a median-priced home in America. To … [Read more...]
New Figures Underscore Continued Modest Recovery
Figures released today by the National Association of Realtors are a good indicator that the market continues to improve – though at very modest levels. I’ve been saying for months that the market is, in this post recessionary period, improving though will continue to do so with minor bumps in the road along the way. Last month’s lower than expected sales figures were just … [Read more...]
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