Real Estate is a fantastic investment, but you may be surprised to hear a realtor say that your home, i.e. your primary residence typically does not make for a good investment. What do I mean by that? Well, first let's define investment. investment: the outlay of money usually for income or profit. Real estate makes for a great investment when it is an income-producing Continue Reading
Archives for January 2018
Colorado #2 For Retirees
WalletHub recently published its 2018 rankings for best states for Retirees, and Colorado came in at #2, behind only Florida. Wallethub's methodology compared the states across 3 main categories: 1) affordability 2) Quality of Life and 3) Health Care With the staggering statistic that almost 30% of non-retirmenet adults have not saved any money for retirement, affordability is Continue Reading
DIY Live Edge Tables
One of our favorite pieces of furniture is our coffee table. It's 2 walnut slabs that have been beautifully joined together with butterfly joints, and for some added flair, our table's joints are cherry wood. The outside edges of the table are "live," meaning they are not squared off, and they follow the natural edge of the Continue Reading
Denver Pre-War Homes 101
Pre-War Homes Denver As a history major, history lover, and (amateur) history buff, It goes without saying that I am a huge fan of Pre-War Homes. That is, homes built pre-1945 or so, or before the end of the World War II. The reason being that building practices changed drastically around this time, and the era of mass Continue Reading
Selling a Home in Winter- Good or Bad Idea?
Traditional thinking has been that it is a terrible idea to sell your home during the winter months. It is cold and snowy, after all. People are preoccupied with the Holidays and don't have time to look. People don't want to move in the slop. Children don't change schools in the middle of the academic year. Well, there can be Continue Reading
Adjustable Rate Mortgages
When you are shopping a mortgage, most people default to a 30 year fixed rate mortgage. It's safe, the known quantity, and the mortgage product you hear about the most. With rates around 4% currently for a 30 year fixed rate mortgage, why look for anything else? You get a fixed payment for 30 years that never changes (your taxes and insurance that your lender may escrow will Continue Reading
2018 Real Estate Predictions
I've been busy this first week of 2018 reading through economic forecasts, Real Estate Forecasts, and really getting deep into it. The one thing to bear in mind is most people making forecasts have a vested interest in something or other. For instance, financial industry workers rarely admit that the stock market is overvalued or may correct. Realtors rarely say its a Continue Reading
Capital Gains Tax in Real Estate
Real Estate is one of the most tax-friendly investment vehicles to be found. In addition to the mortgage interest deduction, when you sell your home, you may be allowed to keep the gain without paying any capital gains tax. Many people are surprised to hear this, since this law changed in the late '90's and was not always the case. With anything tax related, there are a few Continue Reading
2017 Was a Banner Year
Wow, 2017 was an absolute banner year both in the stock market as well as Real Estate. The focus of this website is Denver Real Estate so let's recap the year now that it is officially in the books. 2017 was a historic year for Denver’s housing market as more homes sold for higher average and median prices than EVER before, and sales (dollar) volume reached an all-time high. Continue Reading
