One of the most common questions we are asked is, “Where are Denver home prices headed? Are we in another dangerous run-up of prices?” Because the Case-Shiller Home Price Index increased 16.6% across the country from May 2020 to May 2021, this is an understandable question. In Denver, we are up 16.2%. That’s in […]
Lowest Mortgage Interest Rates, Again
By Jimmy Kinley, Senior Mortgage Advisor Denver mortgage interest rates are unbelievable again! From October 2010 to February 2011 of this year the economy was showing signs of recovery and inflation risks were on the rise. Due to this, we saw a dramatic increase in rates in a four and a half month period. But […]
Waiting for Lower Interest Rates
by Dennis Martin, Littleton Real Estate (Ed: Interest on home loans are near historically low rates. They are off the bottom but not by much. So, some buyers are waiting for lower rates to return. They hear that the Fed may continue to lower short-term rates. But, most economists say long term rates will likely […]