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Could Interest Rates Double?

Several inflation reports came out last week that I want to highlight for you — · The National Federation of Independent Businessowners reported that they are having to raise wages to entice unemployed people to come back to work as many ...

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What Appraisers Are Doing to Help Us

Housing Wire ran a story last week on a Denver home that was listed for $370k, had 202 showings and received 56 offers. The home sold for $477k or $107k above the list price. The house appraised for $431k according to the appraiser who complet...

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Even More Demand is Coming

Zillow reported that more than 10% of Americans moved last year with 75% of them having reported they moved for positive reasons such as being closer to family or friends, for a bigger home, for a lower cost of living, or living in a desired p...

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Denver Architectural Styles: Duplex

A duplex is a residential property with two units and two separate entrances. Units  are usually next to each other with a shared wall or built on top of each other with  one unit on each floor. Oftentimes there’s a shared front an...

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Will We See Mortgage Rates of 6%?

One of the economists at First Trust Portfolios Brian Wesburg believes inflation will average 3% to 4.50% over the next 18-24 months. If he is right we will see mortgage rates < 5% and probably 6% in the next 2 years. Why? Our M2 Money Su...

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Why Housing Demand Will Remain Very Strong

The chart below tells you everything you need to know about demand for housing. First, look at how few births there were from 1973-1977 because of abortion on demand. 33 years later home demand dropped considerably at the same time as home bui...

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Property Taxes Will Increase Next Year

Colorado homeowners have just received their latest Assessed Value report by their local county assessor. This reported is based on the difference in property values from June 30th 2018 to June 30th, 2020. Boulder County homeowners are seeing...

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Denver Architectural Styles: Queen Anne Victorian

Queen Anne is perhaps the most ornate style of the Victorian period evident in Colorado. Popular between 1880 and 1910, the style varies from the highly decorative to a more restrained version found in many residential neighborhoods. General c...

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Skyrocketing lumber prices add $36K to new homes

Outrageously high lumber prices have for months been keeping builders awake at night, and it’s going to get worse before it gets better. Per the National Association of Home Builders, lumber prices have tripled over the past 12 months an...

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