I've had three different buyers this month ask me the same question: Anthology, Trails at Crowfoot, or Pradera? All three are still actively building new homes in Parker, all three get lumped together as "new construction," and that's about where the similarities end. Once you look past the fact that the drywall is new, they're really three different products for three different budgets. Anthology: The...
I've had more calls this summer from military families with PCS orders to Colorado Springs than any other kind of buyer. That's not an accident, May through August is peak PCS season, and Fort Carson, Peterson Space Force Base, Schriever Space Force Base, and the Air Force Academy all sit in or near a city where the market has actually loosened up a little this year. If you just got orders, here's the...
A deal I was part of this spring didn't fall apart over the inspection. It fell apart over the roof, and not because the roof leaked. It fell apart because the buyer's insurance company took one look at the age of those shingles and said no. The Contingency Nobody Talks About Until It's a Problem Every buyer's contract has an inspection contingency and a financing contingency. Almost nobody thinks about...
The 30-year mortgage rate just touched 6.55%, the highest it's been all year. If that number alone makes you want to put your plans on hold, I'd slow down before you decide anything. The rate move is real, but it's not actually the most interesting thing happening in the Colorado market this month. The Rate Move, and Why It's Smaller Than the Headline According to Freddie Mac's weekly survey, the 30-year...
A woman in Aurora called me last spring, not about buying or selling, but because her mother had passed away owning her house free and clear, no mortgage, no will drawn up in twenty years. She assumed the house was hers already since she was the only child. It wasn't, not legally, not until the estate cleared probate court, a process that took almost eight months and cost more in filing and attorney fees...
A client of mine who owns a rental property in Parker got an email a few months back from the county letting her know a document had just been recorded against her address. She hadn't sold anything, hadn't refinanced, hadn't signed a thing. It turned out to be a filing error, nothing sinister, but for about twenty minutes she was convinced someone had taken her house out from under her. That's exactly the...
A buyer I worked with this spring found a two-bedroom unit in a mid-rise building near Cherry Creek. Great location, updated kitchen, priced right. Her lender pulled the building's Fannie Mae project status two days before we were set to write the offer, and it came back "unavailable." She wasn't buying a bad building. She was buying into a building that could no longer get a conventional loan, and that...
A client called me a few weeks ago asking about Anthem Ranch in Broomfield. She and her husband are 61 and 58, their kids are grown, and they are done maintaining a five-bedroom house in Highlands Ranch they do not need anymore. Her first question was not about price. It was whether they could even buy there if her husband was only 58. What "55+" Actually Means (It Is Not What Most People Assume) The rule...
A client of mine in Highlands Ranch called last month with a good problem. She bought her house in 2021 at 2.875%, it's worth about $260,000 more than she owes on it now, and she'd just found a small rental property in Parker she wanted to buy in cash-flowing condition. Her first instinct was to refinance her primary home and pull the equity out. Her second instinct, after we ran the numbers together, was...
A client of mine in a Lone Tree townhome had a neighbor's washing machine overflow into her unit last spring. Water came through the ceiling, ruined the flooring, and damaged cabinets she'd upgraded when she bought the place. She assumed the HOA's master insurance policy would cover it. It didn't, not most of it. The master policy covered the shared structure. Everything inside her unit's walls was on her,...
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