Blog Entries Tagged: You’re Still Paying a Mortgage

Tagged : You’re Still Paying a Mortgage

Found 6 blog entries tagged as "You’re Still Paying a Mortgage".

Denver Houseing MArket Projections

FreddieMac explained that “housing is stronger today than at any point since the Great Recession began and hit bottom in 2009”. They then gave three reasons which support their position:

 * Home sales are up 13% since their low point.

 * Housing starts are up 50% since they bottomed out.

*  House Prices are up 16% since their trough.

FreddieMac also believes that the market will continue to improve through 2014. They projected:

*  Home sales to increase about 3% in 2014 as the purchase market continues to evolve

*  Almost 20% growth for housing starts in 2014, which will begin to help ease tight inventories in many markets

*  Home value increases will continue their positive momentum in 2014

Frank Nothaft, Freddie Mac vice

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Home Price Appriciation in Denver Take a look at the quarterly Home Price Expectation Survey done by Pulsenomic surveys, a nationwide panel of over one hundred economist, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average the projections of all 100+ experts into a single number. Call Craig Adelman now at 303.809.8979.

Optimistic results are as follows:

  •  Home values will appreciate by 4.5% in 2014.
  •  The average annual appreciation will be 3.94% over the next 5 years
  •  The cumulative appreciation will be 19.7% by 2018.
  •  Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of almost 11% by 2018.

We have a bright future at our hands

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 Hispanic Real Estate In Denver       

Found this interesting report:              

This month the National Association of Hispanic Real Estate Professionals (NAHREP) released their annual State of Hispanic Homeownership Report for 2013. A 35 page report designed to highlight œthe homeownership growth and household formation rates of Hispanics as well as their educational achievements, entrepreneurial endeavors, labor force profile, and purchasing power in the United States.

This report is full of great information and if your interested you should download it and read it. This blog mentions a few facts that are relevant to all of us: Craig Adelman now at 303.809.8979, we speak Spanish!

Household formation

  •  Since 2010, Hispanics have accounted for a net increase of
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Denver Homes For Sales

Don’t let the headlines get the better of your nerves. If you read certain headlines, you might be led to believe that the housing recovery has come to a freeze. Naysayers are claiming that rising mortgage rates and a lack of consumer confidence are keeping Americans on the fence when it comes to purchasing a home. Quite the contrary, that is actually far from reality. After all, 12,575 houses sold yesterday, 12,575 will sell today and 12,575 will sell tomorrow. 12,575!

According to the National Association of Realtors’ (NAR) latest Existing Home Sales Report 12,575 is the average number of homes that sell each and every day in this country. A breakdown of the report shows, annualized sales now stand at 4.59 million. Divide that number by 365 (days

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Young Couple Moving House It’s not the first time you hear me talk about the opportunity that exists now for Millennial who are willing and able to purchase a home NOW... Here are a few other ways to look at the cost of waiting.

Let’s say you’re young and 30 and your dream house costs $250,000 today, at 4.41% your monthly Mortgage Payment with Interest would be $1,253.38.

But you’re too busy, you really like your apartment, moving is such a hassle...You decide to wait till the end of next year to buy and next thing you know, you’re 31, that same house is $270,000, at 5.7%. Your new payment per month is $1,567.08. Craig Adelman now at 303.809.8979.

The difference in payment is $313.70 PER MONTH!

That’s like taking a $10 bill and tossing it out the window EVERY DAY!

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