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Top 10 Reasons For Denver Real Estate Boom

by Jon Terry | May 9, 2016 | Blog, Buying A Home, Colorado Living, Real Estate Definitions

Denver, Colorado has been attracting a variety of new residents in recent years, drastically affecting the real estate market. This real estate boom can be attributed to the beautiful mountain views, but we believe it goes deeper than that. A National Recession Left...

Denver in Rent Territory

by Jon Terry | Jul 15, 2015 | Apartment, Blog, Buying A Home, Colorado Living, Housing Analysis, Personal Finance, Real Estate Definitions, Residential Real Estate, The Economy

Is it better to buy or rent a home in the Denver market right now? According to a recent study by the Beracha, Hardin & Johnson Buy vs. Rent Index, Denver is in rent territory, which means that property pricing is out-pacing rents. At the same time, depending on...

Simple Real Estate Definitions : Tax And Insurance Escrow

by Jon Terry | Mar 8, 2012 | Blog, Real Estate Definitions

As a homeowner, your fiscal responsibility extends beyond just making mortgage payments. You must also pay your home’s real estate taxes as they come due, as well as your homeowners insurance policy premiums.  Failure to pay real estate taxes can result in...

Homebuilders Getting Optimistic; Higher Home Prices Ahead?

by Jon Terry | Nov 17, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Real Estate Definitions, Residential Real Estate, Statistics

Homebuilder confidence continues to rise. Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21. It’s the second straight month that the HMI posted a 3-point gain, catapulting...

Pending Home Sales Index Slips For 4th Straight Month

by Jon Terry | Oct 28, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Real Estate Definitions, Residential Real Estate, The Economy

Nationwide, fewer homes are going under contract to sell. According to the National Association of REALTORS®, the Pending Home Sales Index fell 5 percent last month. September marks the fourth consecutive month in which the index has dropped.  The Pending Home Sales...

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