Blind Offering According to a new study by Redfin, nearly 33% of Denver homebuyers who purchased their homes during the time period of the study (Nov+Dec 2017) made "Blind Offers" without seeing or touring the home. With all due respect, I'm calling Bullsh*t on this one. First off, 33% is literally 1 in every 3 buyers in their survey of over 1,500 respondents, and Redfin puts the Continue Reading
Archives for February 2018
Will Mortgage Rates Disrupt Market?
Mortgage Rates at 4 year Highs Mortgage Interest Rates hit 4 Year highs this week, and the feeling is that they will continue to trend higher. Today, 2/14/18, according to Mortgage News Daily, the average execution for a 30 year fixed rate, conforming mortgage (<$529,000 in the 5 county metro area) for a top tier credit scenario is 4.57%. With the federal reserve expected Continue Reading