Moving to Denver

June 8, 2021

May Real Estate Highlights!

April 6, 2021

March Real Estate Highlights!

Insights!

Unemployment dropped to 6% in March. A big win for the economy and housing!

Average weekly wages increased 4.2% year-over-year.

Many investors have bought properties with thin margins in hopes that the market would go up and it's been working well.

According to a study, the 2 Colorado ...

View More
March 24, 2021

Should We Fear the Surge in Cash-Out Refinances?

Should We Fear the Surge in Cash-Out Refinances? | MyKCM

Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is:

“a mortgage refinancing option in which an old mortgage is ...

View More
Feb. 26, 2021

Are There Going to Be More Homes to Buy This Year?

Are There Going to Be More Homes to Buy This Year? | MyKCM

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors  ...

View More
Feb. 19, 2021

Will Low Mortgage Rates Continue through 2021?

Will Low Mortgage Rates Continue through 2021? | MyKCMWith mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting:

“The average 30-year fixed-rate mortgage hit a record low ...

View More
Feb. 15, 2021

The 10 Best Condos To Live In, In Denver, CO

The 10 Best Condo Buildings in Denver Colorado

Denver is a vibrant city consisting of fantastic amenities, colorful shops, and interesting people. There is nonstop excitement and activity year-round, allowing the residents of this fantastic city ample opportunity to explore their community. One of the most popular living options for the locals is condominium buildings. Denver is filled ...

View More
Posted in Moving to Denver
Feb. 5, 2021

January Real Estate Highlights!

Insights!

There’s was a 5.4% increase in building materials in 2020 for new construction thus pushing prices up. Some builders are increasing their prices monthly. A buyer that gets under contract now may see their equity before they even move in.

DACA returns to HUD and now an FHA ...
View More
Feb. 4, 2021

Do I Really Need a 20% Down Payment to Buy a Home?

Do I Really Need a 20% Down Payment to Buy a Home? | MyKCM

Is the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a large down payment might make you want to pump the brakes.

Today, there’s still ...

View More
Jan. 11, 2021

December Real Estate Highlights!

Dec. 17, 2020

Homeowner Equity Increases an Astonishing $1 Trillion

Homeowner Equity Increases an Astonishing $1 Trillion | MyKCM

In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which reveals four major findings:

  1. U.S. homeowners with ...
View More