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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...

Green Remodeling Tips

by Jon Terry | Nov 1, 2011 | Around The Home, Blog, Colorado Living, Green Home Tips, Home Owner Energy Tips, Residential Real Estate, Selling a Home

According to the Sierra Club, as the average U.S. home size increases, demanding more energy and materials, living smaller is a surefire way to reduce your ecological footprint.  It’s also an opportunity to enjoy thoughtful design and a simpler lifestyle.   To...

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...

CHFA – The Second of the Five Most Important Loan Programs

by Jon Terry | Oct 12, 2011 | Blog, Buying A Home, Buying in a Recession, Mortgages, Residential Real Estate

This Month I will highlight the second of the five most important loan programs about which consumers need to know. The Colorado Housing and Finance Authority or CHFA was created in 1973 by the Colorado Legislature to address the shortage of affordable housing in the...

Foreclosure versus Short Sale

by Jon Terry | Oct 11, 2011 | Blog, Buying A Home, Buying in a Recession, Credit, Foreclosure, Mortgages, Residential Real Estate, Short Sale

In these difficult economic times, I am commonly asked whether it would be better to have a short sale or a foreclosure on ones credit report. The answer is complicated and has lot of moving parts.  A short sale shows up on your credit report as a “derogatory...

Reverse Mortgages – The First of the Five Most Important Loan Program

by Jon Terry | Sep 9, 2011 | Blog, Credit, Mortgages, Residential Real Estate

What are some of the best loan programs available today? Remember that Knowledge is Key – and we want you to know about all the various loan programs available to you. We want you to choose the loan program that will best serve your long-term needs.   Over the...
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