The first words of last week’s Realtor Magazine title were reassuring to area homeowners with homes currently included in the Mesa County listings: “Sellers Are Calling the Shots…” For most regions across the U.S., that’s become apparent as the summer wore on. Realtor.com’s Chief Economist elaborated: “Prices are rising, and housing inventory is vanishing as fast as it appears.”
Those who closely monitor Mesa County home loan rates were recently treated to a literary fit of impatience by the Mortgage News Daily—usually one of the most dispassionate of mortgage journals. On Friday, it became more than clear that MND has had it!
When corporate leaders seek to communicate good news on their company’s performance, they frequently reach for the ‘R’ word: “robust.” Sales are robust; production is robust; future prospects are robust, etc. The ‘R’ word performs the near-miraculous feat of conveying strength, energy, and accomplishment —all without having to come up with specifics.
Mesa County residents who will be buying a home, refinancing their mortgage, or even just financing a car anytime soon, should think twice before making abrupt credit moves. Even some actions intended to reflect positively on their creditworthiness can backfire.
There was a sort of silly article last summer, “What You Can Do if Your Air Conditioner Breaks Before Selling Your House”—a title designed to ensure that Mesa County readers who plan on selling their Mesa County house will put everything on hold while they find out “what they can do” if their A/C goes AWOL.
The bright economic news that began this summer may have wilted a bit in the July heat, but as the month drew to a close, Mesa County real estate watchers have reason to doubt that some of the more dour expectations will materialize. Especially worries about a possible replay of the Great Recession’s rush of foreclosures seems improbable for a number of powerful reasons.
Today's Mesa County house hunters are using the web more than ever—and more than ever, they're running into seemingly omnipresent "Zillow." It's unavoidable because Zillow ads are everywhere—often in the first and/or second position on the search engine results pages. With annual revenue topping $2 billion, the e-commerce mega-company can afford it.
In the days before COVID-19, had you asked most people how a pandemic might affect the homebuying public in Mesa County, a fair majority would probably have replied something along the lines of “Well—it probably wouldn’t be good.”
Despite the well-documented national shortfall in residential housing, determined house hunters still can find Mesa County homes for sale that are priced to sell. Given today’s extremely low mortgage interest rates, affordable options are out there right now.
Most people are aware of the record-setting lows Mesa County mortgage rates are chalking up right now—the kind of rates that create tempting cashflow projections for even the most conservative would-be investors. But, of course, other factors enter the decision, whether they are planning their real estate investment for their own residence or as a rental. Given the uncertainty in the economy, prospective buyers are asking themselves if now is the right time to be investing in Mesa County.
An earnest money deposit is substantial, so buyers should know what will cause their money to be forfeited, and how to avoid (or leverage!) those instances.
Whether moving across town or across the globe, moving is one of life's most stressful events. Here's a guide to make moving as easy as possible!
Etiquette can be hard when touring someone else's home; you don't know them, they're not around, and their 'house rules' aren't exactly posted on the wall.
When buying or selling a home, you're entering into a legally binding contract. We're here to explain real estate contracts, pitfalls, and dates.
Many homeowners don't know PMI (private mortgage insurance) from MPI (mortgage protection insurance), but we're here to sort out mortgage acronym confusion.
Choosing a Western Slope Colorado Realtor® isn't easy! If you can find an agent who has these five qualities, you’ve found the best agent for you.
First-time buyers face plenty of obstacles and an intricate maze to navigate. Here's some tips on leaping those first-time home buyer's hurdles!
When you’re facing down a determined seller or trying to figure out what to offer, it literally pays to use a buyer's agent to have on your side.
Smart homebuyers realize their new home's location determines resale value. Here is a guide to buying a home in the right location!
Short on a home down payment? Family or a friend may be willing to help in the form of a gift. Here's a few tips on using gift money for down payment.
Without industry knowledge, the real estate market can leave you frustrated. This guide gives seasoned tactics for being an ultra smart first home buyer.
What most people are looking for when choosing a real estate agent is usually an outcome that can be summed up in 4 words: “best price, least hassle.”
The terms of your mortgage rely heavily on your credit report before a home purchase. Clean up your credit report and credit score before you start looking!
Financing for buying a home can be complicated and time-consuming. Here are some tips to help you finance your home purchase.
You've seen the house and it's perfect, you're ready to make an offer! If you're wondering how to make an offer on a house, here are a few helpful tips.