Many baby boomers never bought a home in their younger years and some baby boomers lost their home in the 2007 to 2012 recession. Baby boomers were born between 1944 and 1964, making them between 55 and 75 years old this year. Those baby boomers are now in their retirement years and are asking, “Am I too old to buy a home?”
Did you know there are three different opportunities in Colorado and Boulder County available for seniors to ease the burden of property tax payments on real estate?
Usually a real estate “For Sale” sign is pretty straightforward and announces that a house is for sale. However, with recent market conditions, there has been a trend across the country of “For Sale” signs having a sign rider attached that says, “Coming Soon”.
March Madness is here – and with Boulder’s red-hot real estate market, it’s not just for college basketball fans.
Megan’s Law requires identified sex offenders to register with local law enforcement officials and the federal law requires states to establish a list of convicted sex offenders.
If you are mulling over the idea of moving and need to compare to a variety of different places you are interested in relocating to, you will no doubt want to assess the cost of housing. The National Association of Realtors® (NAR) makes it easy to make comparisons. NAR has been keeping track of the housing affordability index nationally for many years, which enables you to see how the index has changed over time. The index is published on a monthly basis from NAR.
Homebuyers and home sellers hire real estate brokers to assist them with what is commonly the largest financial transaction in most people’s lives. In today’s real estate world, there is a copious variety of business models seeking to serve the needs of homebuyers and sellers. As markets change, types of real estate business models change and evolve with the market. When the market heated up prior to the recession, a business model evolved called limited service companies. The fees charged and services rendered varied greatly. The fees, commissions, and services are 100 percent negotiated between a broker and their principal. The Division of Real Estate does not regulate commissions or services offered. However, the level of services dropped so low, in some cases, that both brokers and their clients were contacting the Division of Real Estate for clarity regarding the minimum amount of service required was to serve the home buying and selling public.
Foreclosure auctions sound appealing to buyers given the prospect of getting a discounted price on a home. However, the term “foreclosure” is often mistaken for “bank-owned.” Buying a true foreclosure means buying a home at auction. This process is not ideal for first time buyers and here are a few reasons why.
Gen Z is poised to be the largest source of homebuyers in the United States. The post-millennial generation, or those born after 1996, make up about 32 percent of the population. And, according to a recent report by Realtor.com, 80 percent of them want to own a home before they turn 30.
Buying or selling your home is one of the biggest and most important decisions you will make in your lifetime – and the process can be complicated with many financial and legal considerations — so it makes sense to rely on a real estate agent who has been around the block, so to speak.
If you have three different professionals measure a home, you will likely be presented with three slightly different results. Why is that? Different standards, rounding differences, and local customs are just a few of the reasons.
Buying or selling a home can be stressful. Buying and selling at the same time is even more challenging, but there are some things that you can do to make it a bit easier. Here are a few tips on buying and selling a home at the same time.
The last thing consumers should have to worry about is being scammed when they buy or rent a home, or consider refinancing options. Unfortunately, criminals are getting more creative in how they target their victims, leading to major financial headaches for their unsuspecting victims.