Coldwell Banker Distinctive Properties

Vail Real Estate Blog

Slaying Home Buying Myths

Posted by Matt Dannals on April 21, 2017 in  Buyers
Some Highlights: Interest rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! The credit score requirements for mortgage approval continue to fall. ... read more
| 0

Measuring Your Ability to Achieve the American Dream

Posted by Matt Dannals on April 20, 2017 in  Buyers
Forbes.com recently released the results of their new American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the American Dream.” The monthly index measures several different economic factors, including goods-producing employment, personal and commercial bankruptcies, building permits, startup activity, unemployment insurance claims, labor force participation, and layoffs. The national index sc... read more
| 0

US Housing Market Continues the Move into ‘Buy Territory’!

Posted by Matt Dannals on April 19, 2017 in  Buyers
According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment. The BH&J Index is a quarterly report that attempts to answer the question: In today’s housing market, is it better to rent or buy a home? The index examines the entire US housing market and then isolates 23 major cities for comparison... read more
| 0

Thinking of Selling? Now Is the Time to Act

Posted by Matt Dannals on April 18, 2017 in  Sellers
If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market. Jonathan Smoke, Chief Economist at realtor.com, revealed in a recent article&n... read more
| 0

The 'REAL' News about Housing Affordability

Posted by Matt Dannals on April 17, 2017 in  Buyers
Some industry experts are claiming that the housing market may be headed for a slowdown as we proceed through 2017, based on rising home prices and a potential jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the National Association of Realtors (NAR). Here is how NAR defines the index: “The Housing Affordability Index measures whether or not a typical family earns enough income to qualify for a m... read more
| 0

 Categories