Giving Back with out of state transactions

October 30, 2017 nwdenvercoloradoliving

As a Realtor in the Denver area, it is important to me to give back to my community. Since 2013, I have made a commitment to donate 5% of my commissions on each successfully closed transaction. My clients choose the charity that is meaningful to them and I make the donation in their name. Since 2013, we have donated over $35,000 to over 60 different charities.

Today I have the pleasure of giving back to the Broomfield community and beyond by donating $525 to Holy Family High School, on behalf of my clients. Sometimes my giving back donations are a result of transactions completed outside of the state of Colorado. In this case, I was able to help clients purchase a dream home on an island. Please know that I am able to assist clients throughout the United States. If you or someone you know has interest and a need for assistance outside of Colorado, please reach out to me. I can help, and together we will continue to make a difference.

Since January, my clients and I have given back $8,000 to our community. Together my clients and I are making a difference through my Giving Back campaign.

10 Light Up The Night Landscaping DIY

October 26, 2017 nwdenvercoloradoliving

Outdoor lights have a major impact on the atmosphere of a landscape. Multiple light fixtures — installed under the pergola, in the water and throughout the trees — give this space a resort-style feel that’s ideal for entertaining. Get inspired with photos showing how lighting can make your outdoor areas beautiful and functional.

Hey Millennial Homeowners! It May Be Time To Sell

October 24, 2017 nwdenvercoloradoliving

Contrary to what many believe, Millennials are not the ‘renter’ generation. Millennials purchased a larger percentage (34%) of homes in the U.S. than any other age group in 2017 and the most recent Census Bureau report shows that the homeownership rate among Millennials is finally on the rise.

Many Millennials took advantage of post housing crash prices and the First-Time Homebuyers’ Tax Credit and jumped into homeownership in 2010. If you are one of these buyers, now may be the time to sell for many reasons. Here are a few:

1. Equity Build-Up

Home prices have been on the rise since the beginning of 2012 and your house may have appreciated by more than you think. ATTOM Data Solutions, in their Q2 2017 U.S. Home Sales Report revealed that:

“…homeowners who sold in the second quarter realized an average price gain of $51,000 since purchase — the highest average price gain for home sellers since Q2 2007, when it was $57,000.

The average home seller price gain of $51,000 in Q2 2017 represented an average return of 26 percent on the previous purchase price of the home, the highest average home seller return since Q3 2007, when it was 27 percent.”

2. Projected Home Price Increases

If you just got married or just found out you are about to become a parent, you may have plans to move up a bigger home or perhaps move to a different area. Waiting to buy a more expensive home in this market probably doesn’t make sense. The experts contacted for the Home Price Expectation Survey are projecting home prices to increase by nearly 5% over the next year. Yes, your house’s price will increase but not as much as a home currently valued higher than yours.

3. Projected Interest Rate Increases

The Mortgage Bankers’ Association, Freddie Mac, Fannie Mae and the National Association of Realtors are each projecting mortgage rates to increase over the next year.

Higher PRICES + Higher INTEREST RATES = LARGER MORTGAGE PAYMENTS.

Bottom Line

If you are lucky enough to be one of those Millennials who purchased a house in 2010 (or even later), now might be the perfect time to move up to the home of your dreams!