Investing

Every time there’s a news segment about the housing market in Longmont, CO, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the affordability equation. Here are three measures used to...

  As a Longmont real estate agent, I know that the desire to own a home is still strong today. In fact, according to the U.S. Census, the homeownership rate is still on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they own, and that percentage is...

As a Longmont real estate agent, many of my clients want to know where home prices will end up. Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters so much for your homeownership goals. Last Year’s Rapid...

/*! elementor - v3.7.1 - 14-08-2022 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} I'm a real estate agent in Longmont, CO and I created this infographic to highlight what's on most people's mind this year. Here are some insights: Many...

I'm a Longmont real estate agent and I witnessed many of my homeowner clients get frustrated during the height of the pandemic. If you tried to buy a home during the pandemic, you also know the limited supply of homes for sale was a challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer.  Although this was a...

As a real estate agent in Longmont, we often heard that when the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis...