Real Estate Blog Archives - Page 2 of 4

Is there Stabilization in our Future?

7 March 12:40 pm

We asked last month “Is this a Blip or Flip?” Well, the answer is: it’s looking like a Blip. Interest rates went into overdrive again and buyer applications for new mortgages visited a low not seen since 1995. The voracious activity we saw in January and early February has come to a halt thanks to interest rates going from high 5’s to 7% in 3 weeks’ time. Buyers and Sellers are looking for stability in economic data and we think that stability is in volatility, at least in terms of interest rates for the near term. Rates will fluctuate pending…

February 2023 Closed Homes

6 March 2:50 pm

February 2023 Closed Homes It was our pleasure to help these First Time Home Buyers find and purchase this beautiful home. They scooped it up for less than ask and got some cash back at closing to help with the move! The Walters Group is always happy to help you Buy, Sell or Invest in Real Estate~ please reach today to chat!

Is this a “Blip” or a “Flip” for the Denver Housing Market?

7 February 2:44 pm

January 23 Housing Market Update It has been a whiplash kind of month in the Denver Metro Real Estate market. We went from homes sitting for 45 plus days since June of 2022 to stale listings getting re-listed and going Under Contract with multiple offers again. In September, October, and November of 2022 Buyers were asking and getting cash at closing to buy down rates, multiple inspection items repaired and the luxury of being the only buyer coming forward with an offer on a home. This trend continued through December of 2022 but after the first weekend in January…

Denver Happenings in November

28 October 1:07 pm

Just like that, it’s November! It getting cold, so bundle up and check out these Denver Happenings with friends and family! Denver Film Festival: November 2-13 The largest film festival in the Rocky Mountain region brings international cinema, filmmakers, virtual reality, immersive experiences and creative conversations to Colorado. Events will take place all over town. Denver Arts Week: November 4-12 Celebrate The Mile High City’s arts and culture scene with hundreds of events around the city. Explore vibrant art districts, check out museum exhibitions and outdoor sculptures, indulge in the performing arts, be inspired at film and literary events, and even buy some art of your…

September Denver Market Update

7 October 3:16 pm

The Cooling Continues is our headline for the month! Mortgage rates landing around 7% after the Fed meeting really sealed the deal on a slowing of the housing market. What we are seeing in our local market is a more balanced housing market right now and even more balance coming our way. We have been without balance for an extended period and those of us in the housing business know that the only way for win-win transactions for both Buyers and Sellers is a balanced market. To get there, we are going to need more inventory and while that is…

Denver Happenings in October

29 September 7:39 pm

Did someone say OCTOBER?! How in the world did that get here so fast? To be honest, not sure that we care either way because that means all things fall are here! Check out what’s happening in Denver for the month of October. Get ready to get spooky! Prairie Harvest Fest: October 1, 2022 Back for a third year, this FREE fan-favorite event features all things fall including hay rides, games, pumpkin patch and more! Headlined by Denver’s favorite band — Funkiphino! Fun starts at 10am and runs ’til 3pm! Head over to Painted Prairie for some family-friendly fall fun y’all! Great…

Despite a Cool-Off, Denver Metro is still favoring Homes Priced Right & in Good Condition

5 August 2:55 pm

July Housing Update DMAR came to the table this month with some good data points about our current housing market, in addition to sharing their information we are also going to share what we are seeing in real time. What we noticed last weekend was that the drop-in interest rates did indeed bring more buyers out hunting, but it also saw new listings come to the market still overpriced. The Buyers we were working with were so perplexed by some of the homes they saw regarding condition and pricing and just walked away or refused to see homes that were…

10 Years of Housing Crash Stories Explained

22 July 11:57 am

After watching Chris Magnotta’s video about this very subject we thought it would be interesting to include it in this week’s newsletter. The housing market “crash” has been talked about every year since 2007/2008 when it really took a nosedive (also the year we started our fist real estate company). Ever since then it has been predicted to crash because of some indicator or another every year. Most of us believe that a recession is coming our way in 2023, how wide or deep that takes our country remains to be seen. A recession influences the housing market differently…

Denver Market Update

8 July 2:01 pm

June 2022 Housing Market Update A shift is upon us, for sure! Exactly how much of a shift remains unclear as the influencers to the market vary greatly. The big story this past month is inventory and the increase that June saw was huge. We are for the first time since early 2020 above more than a month of inventory available to choose from as a buyer. Other strong influences on inventory and our market are mortgage rates, 20% of all homes sold last year are investor purchases, inflation numbers, how many people stay in place because of Rate Lock, the…

May Denver Market Update

10 June 12:23 pm

We are at the half- way point and this year the Housing Market will have 2 stories to tell. The first half of the year included never-before seen price appreciation and buyer’s relinquishing most of their contractual rights. What we are now seeing is the beginning of normalization for the Denver Housing Market. DMAR shared that executed purchase contracts have been declining for the last 6 months and are now coming in at the slowest pace in nearly a decade. We are not seeing the effects of higher interest rates totally but expect that to take hold after the…

The Birds and The Feeds

3 June 1:50 pm

Want to attract the best variety of “tenants” to your Bird House? In addition to the kind of feeding you choose to provide, Ground or Feeder, the kind of seed you provide attracts a certain kind of bird. Most ground-feeding birds prefer millet and other seed such as sunflower. Most birds that feed at an elevated feeder prefer a variety of larger sees including oil and striped sunflower, safflower and sunflower chips. Use this Guide to determine which seeds are preferred by specific birds! OIL SUNFLOWER The Oil Sunflower is the following species favorite seed: Black-capped Chickadee Cassin’s Finch…

Memorial Day Weekend in Denver!

26 May 7:30 pm

Check out the Memorial Day fun in Denver this weekend! Memorial Day Festival: May 28th-30th Come enjoy food, drinks, local vendors and live music on Historic Old Gaylord Street! Bolder Boulder 10k: May 30th Come walk, run or just hang out in Boulder for this famous race! The course winds through Boulder’s neighborhoods, downtown and finishes at Folsom Field! Then stay for one of the biggest Memorial Day Tributes in the country. Territory Days: May 28th-30th Territory Days has been Colorado’s largest street fair. Shop hundreds of unique vendors with handcrafts from around the world! Great good, educational displays, patriotic tributes and live music! Free admission! Memorial…

Scam Alert!

20 May 4:01 pm

HAVE YOU RECEIVED ONE OF THESE IN THE MAIL? Have you closed on a new home lately? If you have, we are sure you have received many notices like the one pictured here. There will also be notices that look like they are coming from your new mortgage company as well. Place all of these in your trash can now! You receive a deed as part of your closing documents no need to pay these people $107.00 or anyone else for that matter! If you have miss placed your deed, call your Real Estate Agent, they should…

Denver Market Update

6 May 4:33 pm

Thanks again to DMAR for some great insights about our current Real Estate Market. It is indeed changing, and we can mostly point to hikes in interest rates and there are more to come. Andrew Abrams summed up what’s happening best when he said, “A more normalized market is healthy and breeds healthier decision-making. In the chaos of the recent market, buyers had been waiving their inspections, doing full appraisal gaps and even offering to make their earnest money non- refundable before getting an inspection. While those risks paid off in the form of equity, those days have passed,…

Denver Happenings: May!

29 April 3:48 pm

Can you believe it’s already almost May? We certainly can’t! In any case, bring on summertime! Check out a few featured events going on in Colorado this month below! We hope you find some time to get out and have some fun! Highlands Farmers Market: Sunday, May-October, 2022 It’s back! Head over to Highland Square on Sundays to enjoy handcrafted goods and locally grown produce! Film on the Rocks: May-August, 2022 Movies are back on the Rocks! Film on the Rocks is a great event for families, or even if you’re just looking for a fun date idea! Check out the schedule by…