Monthly Archives: March 2018
The Cost of Renting vs. Buying Today [INFOGRAPHIC]
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%)... Read More
99% of Experts Agree: Home Prices Will Increase
Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that home values will continue to rise this year. What is the Home Price Expectation Survey? Each quarter,... Read More
Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate!
Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year. The rate you... Read More
SOLD – 3068 Thrush Drive
CapRock Real Estate sold another wonderful home on March 27, 2018. Acting on behalf of the buyer, CapRock sold 3068 Thrush Drive in the Parkwood Estates subdivision in the Southeast Area of Grand Junction, Colorado. Read More
Buyer Demand Still Outpacing the Supply of Homes for Sale
The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic... Read More
SOLD – 493 Tiara Rado Court – Lori Curtis
Lori Curtis, REALTOR at CapRock Real Estate did a wonderful job as a Real Estate Broker representing the seller of 493 Tiara Rado Court in the Redlands Area of Grand Junction, Colorado which sold on March 26, 2018. Lori marketed and sold this new construction listing for terrific local developer. Lori marketed the home as... Read More
SOLD – 3233 Lakeside Drive #109 – Rachel Justman
Rachel Justman, REALTOR at CapRock Real Estate did an incredible job as a Real Estate Broker representing the seller of 3233 Lakeside Drive #109 in Grand Junction, Colorado which sold on March 23, 2018. This property sold conventionally with no concessions. Rachel Marketed the home as follows: “Lovely 2 bed, 1 bath condo in the... Read More
SOLD – 1350 North 22nd Street – Clara Hankins
Clara Hankins, REALTOR at CapRock Real Estate represented the buyer of 1350 North 22nd Street in Grand Junction, Colorado which sold on March 21, 2018. Clara did an amazing job as a Real Estate Broker in this transcation, which closed in 5 weeks after contract date and only 45 days after the home went on... Read More
5 Reasons Why to Sell This Spring!
Here are five reasons listing your home for sale this spring makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the... Read More
20 Tips for Preparing Your House for Sale This Spring [INFOGRAPHIC]
Highlights: When listing your house for sale your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Your real estate agent will have a list of specific suggestion... Read More