Playing Your Real Estate Hand Right: Why Buying or Selling a Home Is Like a Game of Poker
In many ways, real estate is like poker. Success isn’t based on luck — it’s based on strategy. If you’ve ever bought or sold a home, you may have felt like you were sitting at a high-stakes poker game; watching the market, weighing your options, and hoping for perfect timing. As Kenny Rogers sang: “You’ve […]
ROI of a New Construction vs. Existing Homes –Which is Greater?
New Construction vs. Existing Homes–Which Offers Better ROI? Are you weighing the benefits of new construction homes versus purchasing an existing home? From a real estate investor’s lens-or a savvy home buyer aiming to build long-term wealth–it’s essential to consider Return on Investment (ROI) in your decision making process. Let’s break it down so you […]
What Is the Cost of Waiting to Purchase a $1,000,000 Home in Boulder County Colorado?
If you’re waiting for interest rates to drop before buying, it might be time to change your strategy. The right opportunity could be available now–and waiting could cost you more than you realize. With the right knowledge, tools and guidance, you may be able to negotiate a better rate, take advantage of market shifts, and […]
Are You Waiting for Interest Rates to Fall Before Purchasing a Home in Boulder County?
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Marry the House. Date the Rate.
Interest rates are a bone of contention in the current housing market. They reached historic lows in the past few years and their rise is causing consternation to buyers and sellers alike. For example, a $1M loan at 4.25% has a $4919 per month mortgage payment (principle plus interest). That same loan at 7.25% is […]
In Boulder Colorado Cash Buyers Seize Homes From Loan Buyers
With the dramatic increase in interest rates buyers who obtain a loan now have less purchasing power than they had a few weeks ago. How will that affect the housing market? In Boulder County, Colorado, and especially in Boulder, Colorado, we have seen a preponderance of cash deals. Obviously cash buyers aren’t adversely affected by […]