Ready to Buy a Home Together? 4 Scenarios to Talk Through with a Partner
Whether they’re not quite ready to tie the knot or would rather spend money on a down payment than a wedding, many couples are choosing to purchase a home with their partner prior to taking a trip down the aisle. “Couples are deciding to buy a house rather than throw...
New Year, New Home: 6 Resolutions for Buying a Home in 2020
For those looking to buy a home in 2020, it’s time to start planning. As a look ahead in the new year, real estate agents say making and keeping these resolutions will help set homebuyers up for success. Resolution 1: Start planning and saving early Gina Lorenzo, an...
December Housing Report
DENVER – December posted a record finish to a year and a decade, with a year-over-year increase in home sales of 13.5% in the 54 metro areas covered by the report. That was the highest increase of any month in 2019, and the highest for the month of December since...
How to Choose the Right Real Estate Agent
Are you ready to buy a home but don’t know how the process begins? First and foremost – even if you’re already driving through neighborhoods or looking online – find a real estate agent. Sounds simple enough, right? With so many brokerages and agents to choose from,...
November Housing Report
DENVER – A fifth straight month of shrinking inventory year-over-year triggered several November records in the 11-year history of the RE/MAX National Housing Report: fewest Days on Market at 49, fewest Months Supply of Inventory at 3.3, and the highest Median Sales...
October Housing Report
DENVER – Home sales, which lagged during the first part of 2019, continued their recent rebound with another strong month in October. October 2019 sales finished 3.9% higher than in October 2018. At the same time, inventory posted a steep 9.0% year-over-year decline...
5 Winning Tips for Writing an Offer Letter
In some hot housing markets, including a letter with your formal offer to buy a home is all but required. Unfortunately, Hallmark doesn’t make a card for the occasion (yet). Here are a few tips: 1. Get emotional. Take advantage of this opportunity to sail beyond the...
From Summer Blues to Harvest Hues: Simple Ways to Transition a Backyard Into a Haven Buyers Will “Fall” in Love With
Daylight is dwindling, temperatures are dropping; it’s time to cover up the grill, toss the flowers and retire the patio furniture to the garage, right? Not so fast! Remember that backyard appeal can be just as important as curb appeal to potential buyers – all year...
September Housing Report
DENVER – While signaling the end of 2019’s peak selling season, September home sales rose 8.1% year-over-year – the largest year-over-year increase since November 2016. Home purchases increased in 47 of the report’s 54 markets, forcing already tight inventory totals...
Demand for Housing Increases in August 2019
According to the August 2019 RE/MAX National Housing Report, buyer demand continues to exceed available housing supply, extending the favorable seller’s market that has been in place for years. While sellers have had the upper hand in negotiations in recent years with...
August Housing Report
DENVER – August 2019 existing home sales slipped 1.6% from a year ago, despite buyer demand exceeding available housing supply, according to the RE/MAX National Housing Report. Following July’s year-over-year sales increase of 2.3%, the slight August decline marks the...
From ‘Smart House’ to Smart Homes: How Today’s Tech Compares to the Iconic Disney Movie
Voice-activated music. Touch-screen powered appliances. An omnipotent, but friendly, virtual assistant providing homework help. When “Smart House” debuted on the Disney Channel in 1999, its portrayal of a family living in a home powered by artificial intelligence...
July Housing Report
DENVER – July home sales bounced back after a sluggish June by increasing 2.4% year over year, according to the RE/MAX National Housing Report. This was enough to end nine months of year-over-year inventory growth as the number of homes for sale declined 1.4%. A drop...
3 Things to Consider Before Registering Your Home on a Short-Term Rental Site
Once upon a time, the idea of renting out your home to a stranger while you left for vacation was considered quite odd. Today, renting a room in your house (or the entire house) to unknown travelers isn’t an outlandish concept, thanks in part to online services such...
June Housing Report
DENVER – Typically the strongest month for home sales, June saw closings decline 4.7% from May and 7.8% from June 2018, according to the RE/MAX National Housing Report. Going in the opposite direction, June’s Median Sales Price of $276,000 was an all-time high in...
Millennial Homebuyers Want a Yard of Their (Pet’s) Dreams – Here’s How Sellers Can Appeal to Furry Friends
What could beat out an updated kitchen as the most important feature millennials are looking for when buying a home? Recent research from the National Association of Landscape Professionals shows that a nice-sized lawn is the No. 1 priority among those born between...
May Housing Report
DENVER – May home sales ticked slightly higher year-over-year, ending a 9-month streak of declines, according to the RE/MAX National Housing Report. At the same time, inventory grew for the eighth consecutive month, representing the most units for sale since...
A Plan for First-Time Homebuyers: Go from Prepared to Purchase
If you’re a first-time homebuyer who has succeeded in saving enough for a down payment (remember, you don’t necessarily need 20%) on your very first home – congratulations! You’ve tackled one of the hardest parts of the home buying journey with success, but you...
Expert Advice: Staging Your Home for Selling Season
If you own a home, it is likely one of your largest investments. When the time comes to move up or downsize, you want to do everything in your power to protect your equity and get your asking price – or more. One way to ensure your home is listed, and purchased, at...
April Housing Report
DENVER – April home sales finished just 1.1% below a year ago as selling times shortened and tight inventory held steady, according to the RE/MAX National Housing Report. Meanwhile, April’s median home price of $251,000 in the report’s 54 markets was up a mere 2.1% -...
Millennial Monopoly: 4 Real Estate Trends In 2019
What’s behind the rise in homeownership? Growing interest from millennials. Here are the 2019 millennial real estate trends you need to know about this year.Empowered with Knowledge First-time, homebuying millennials are much more informed when it comes to...
March Housing Report
DENVER – Kicking off the spring homebuying season, March sales climbed almost 29% over February, according to the RE/MAX National Housing Report. But this remains the slowest start in five years, with March sales 8.6% lower than March 2018. March was the eighth...
Good News for Buyers and Sellers This Spring Selling Season
Whether you’re planning on buying or selling a home, there’s good news to report as the spring selling season approaches. Slowing sales and growing inventories benefit buyers while record prices benefit sellers, according to data in this February's RE/MAX National...
February Housing Report
DENVER – Riding two trends—declining sales and growing inventory— the U.S. housing market continued to transition from a seller’s market to a buyer’s market in February, according to the RE/MAX National Housing Report. Home sales in the 54-market report have...
Tidying Up Tips Hit the Housing Market
Admit it — over the holiday break you found yourself binge-watching the hit show with superstar organizing consultant Marie Kondo and quickly realized your place is not sparking much joy. Never fear! The KonMari Method is here and the tidying-up trend can give...
January Housing Report
A sixth consecutive month of declining home sales in January contributed to the largest year-over-year inventory increase in at least 10 years, according to the RE/MAX National Housing Report. While year-over-year home sales dropped 11% – extending a streak that began...
8 Affordable Ways To Boost A Home’s Curb Appeal
Your home’s curb appeal could make or break the amount of showings you have. In the same way, curb appeal can attract potential buyers through your door, a less than spectacular home front can also be a detractor. From upgrading landscaping to refreshing paint,...
December Housing Report
December’s declining home sales and growing inventory solidified 2018 as the year the red-hot seller’s market moved toward a balanced market. Price growth also moderated, though December was the 33rd consecutive month of year-over-year increases in home prices,...
Is Your Home Smarter Than You?
How smart is your home? In 2019, it’s possible your house is smarter than you. Designed to provide energy efficiency, security and comfort conveniences, the smart home can do it all on command. Control lighting, heating, cooling, appliances, televisions, computers and...
4 New Year’s Resolutions to Help You from Prep to Purchase
If you’re on the hunt for a new home in the new year you don’t have to wait for the ball to drop – you can start acting on your new year resolutions now to prep for one of the biggest purchases of your life! RE/MAX has put together some top tips if your goal for 2019...