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Monthly Archives: July 2018

    SOLD – 2803 North Niagra Circle – Sheila Young

    By Eugene Seitz | July 20, 2018

    Sheila Young, REALTOR® at CapRock Real Estate, did great work as a Real Estate Broker for the buyer in the sale of 2803 N Niagara Circle in the Niagra Village subdivision of Grand Junction, Colorado. This sale occured on July 10, 2018.   Read More

    SOLD – 444 1/2 Osage Circle – Sheila Young

    By Eugene Seitz | July 20, 2018

    Sheila Young, REALTOR® at CapRock Real Estate, did an amazing job as a Real Estate Broker for the buyer in the sale of 444 1/2 Osage Circle in the Cherokee Village subdivision of Grand Junction, Colorado which closed on July 13, 2018.  This home went from contract to closing in under 40 days. Sheila got... Read More

    What You Need to Know About the Mortgage Process [INFOGRAPHIC]

    By Keeley Ryan | July 20, 2018

    Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don't have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford. Read More

    Housing Will Not Fall Victim to Next Economic Storm

    By Keeley Ryan | July 19, 2018

    Some experts are calling for a slowdown in the economy later this year and most economists have predicted that the next recession could only be eighteen months away. The question is, what impact will a recession have on the housing market? Here are the opinions of several experts on the subject: Ivy Zelman in her... Read More

    Demand for Homes to Buy Continues to Climb

    By Keeley Ryan | July 18, 2018

    Across the United States, there is a severe mismatch between the low number of houses for sale and the high demand for those houses! First-time homebuyers are out in force and are being met with a highly competitive summer real estate market. According to the National Association of Realtors (NAR), the inventory of homes for... Read More

    4 REAL Reasons Why We Buy A Home!

    By Keeley Ryan | July 17, 2018

    We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones. No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain... Read More

    First-Time Home Buyers Continue to Put Down Less Than 6%!

    By Keeley Ryan | July 16, 2018

    According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying, but in March, 71% of first-time buyers... Read More

    Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC]

    By Keeley Ryan | July 13, 2018

    Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging. 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market. 50% o... Read More

    House-Buying Power at Near-Historic Levels

    By Keeley Ryan | July 12, 2018

    We keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real House Price Index, First American reported that consumer “house-buying power” is at “near-historic levels.” Their... Read More

    Rising Interest Rates Have Not Dampened Demand

    By Keeley Ryan | July 11, 2018

    Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment. First American recently released the results of their quarterly Real Estate Sentiment Index (RESI),... Read More