Steamboat Springs Happenings

THE COST OF NOT PAYING PMI (Personal Mortgage Insurance) Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live. There is a common misconception among homebuyers that a 20% down payment is required, and it is this limiting belief that often adds months, and sometimes even years, to the home-buying process. So, if you can purchase a home with less than a 20% down payment… why aren’t more people do... read more
Halloween isn't just an opportunity to gorge on all things frightful or filled with sugar. It's also a chance for home sellers to scare up a buyer! Because these days, home sellers need as much marketing creativity as they can muster up. Now that the summer home-selling fever has died down, people are beginning to hunker down for the holidays. In fact, statistics show that home sales don't pick back up again until spring. But if you have a home on the market, you don't want to wait months and months to make the sa... read more
Here are five reasons why listing your home for sale this fall makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! In fact, more often than not, multiple buyers end up competing with each other to buy the same homes. Take advantage of the buye... read more

Should you buy now or wait?

Is waiting really the best idea? Interest rates are on the rise....
Posted by Jessica Juracich on October 01, 2018 in  1st time buyer  Buyers  Buying Property  Craig  Finance and Real Estate  Home Price  Housing Market  Knowledge of the market  Market Knowledge  News  Property for Sale
Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of 2019. CoreLogic predicts home prices to appreciate by 5.1% over the next 12 months. If you are ready and willing to buy your dream home, find out if you are able to! ... read more

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