Monthly Archives: March 2021
Kitchen Trends for 2021
Homeowners have been focused on making their kitchens work better for them as they spend more time at home, according to Houzz’s “2021 U.S. Kitchen… The post Kitchen Trends for 2021 first appeared on Century 21®. Read More
Mesa County Real Estate and Five Major Trends for 2021
Dave Ramsey is a standout among media finance coaches. It’s hard to disagree with his brand of commonsensical counsel that eschews shortcuts and paths to riches that depend on newly concocted strategies. Mesa County readers and listeners who rely on hi... Read More
Why You Should Think About Listing Prices Like an Auction’s Reserve Price
For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then try to determine how much less than the full price […] Read More
Should We Fear the Surge in Cash-Out Refinances?
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 replaced for a new one […] Read More
What Credit Score Do You Need for a Mortgage?
According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards could be a challenge for […] Read More
Americans See Major Home Equity Gains [INFOGRAPHIC]
Some Highlights Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a great time to put your eq... Read More
The Economic Impact of Commercial Real Estate
New commercial real estate development, and the ongoing operations of existing CRE buildings in the United States, had a vital impact on the U.S. economy… The post The Economic Impact of Commercial Real Estate first appeared on Century 21®. Read More
To Renovate or Not To Renovate Before You Sell
When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Here are two things to […] Read More
Time for Mesa County Deck-Ponder to Begin in Earnest
Checking the calendar, spring won’t officially kick off until March 20 when the celestial equinox happens. That same Saturday will also officially signal the start of Mesa County’s annual real estate “hot” selling season. Read More
What Is the Strongest Tailwind to Today’s Recovering Economy?
Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Then came the announcement on March 11, 2020, from the World Health Organization declaring COVID-19 a worldwide pandemic. Two […] Read More