Selling Your Colorado Property.

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After piling in when the market was hot, investors are facing losses from homes that take too long to sell.

Sean Pan wanted to be rich, and his day job as an aeronautical engineer wasn’t cutting it. So at 27 he started a side gig flipping houses in the booming San Francisco Bay Area. He was hooked after making $300,000 on his first deal. That was two years ago. Now home sales are plunging. One property in Sunnyvale, near Apple Inc.’s headquarters, left Pan and his partners with a $400,000 loss. “I ate it so hard,” he says.

A new crop of flippers, inspired by HGTV reality shows, real estate meetup groups, and get-rich gurus, piled into the market in recent years as rapid price gains helped the last property crash fade from memory. Many newbie

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Where is housing headed in the Denver Metro Area?

Although of course she doesn't claim to have a magic crystal ball, Megan Aller of First American Title and A Girl and Her Graphs dug deep into the data this month to make some predictions:

Based on previous years in this cycle (2013-2018) the values in these Housing Heat Maps represent the best times to be in the market in 2019. 

(Yellow represents a Seller's Opportunity, and Blue represents a Buyer's Opportunity.)

The market is likely to favor those sellers who are ready to take advantage of early buyer activity. 

Sellers late to the market in the summer months are more likely to spend longer on the market, make price reductions and sell at lower prices than spring sellers.

Buyers are most

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Spring has arrived which, for many homeowners, means spring cleaning and refreshing the house and yard.

If you’re in a new home, now is a great time to spend some time to really make it your own and give it your own special touch. Or, if you’re thinking of taking advantage of the hot spring/summer real estate market, there’s no better time than now to prepare your space for showings and open houses. No matter where you’re at in the cycle of homeownership, use this time to prioritize your biggest investment. Here are 6 ways to show your home some TLC and make it a priority this month.

Schedule A Power Wash

It’s no secret that curb appeal makes a big difference in a home’s value. Even if you’re not putting your home on the market any time

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IF YOU'RE IN THE PROCESS OF BUYING A HOME, YOU MAY HAVE HEARD THE TERM "CONTINGENCY" BEING KNOCKED AROUND. WHEN MAKING AN OFFER ON A HOME, YOU CAN SPECIFY CONDITIONS THAT MUST BE MET IN ORDER FOR THE DEAL TO GO THROUGH, AND THESE ARE CALLED CONTINGENCIES. IF THESE CONDITIONS AREN'T MET, THEN THE DEAL IS VOIDED.

You should discuss different contingency options with your real estate agent, but in general, the most common are:

FINANCING CONTINGENCIES. 

This typically means your mortgage needs to go through final approval, and grants you time to complete an application and receive a loan to purchase the home.

APPRAISAL CONTINGENCIES.

Similar to the financing contingency, this means that the final appraised value of the home is close to the

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Big equity gains may explain why people aren’t staying around as long

Out of the 50 largest metros in the country, metro Denver residents stayed in their homes the fifth shortest amount of time on average, according to a new study from LendingTree, an online mortgage brokerage.

Metro Denver homeowners sit on their abodes an average of 6.63 years, according to the study, which is based on the latest American Community Survey put out by the U.S. Census Bureau. That average includes all the stalwarts who have stayed put 50 or 60 years. So the households that do move around are probably spending less time than that average in one place.

Only owners in Las Vegas at 6.36 years; Phoenix at 6.43 years; Austin, Texas at 6.49 years; and Orlando at 6.59

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What do Homebuyers Want?

Laundry rooms and Energy Star–compliant windows topped the list of what buyers considered the most “essential” or “desirable” features in a home, according to the National Association of Home Builders’ 2019 “What Home Buyers Really Want” report, released at the NAHB International Builders’ Show in Las Vegas this week.

Most of the features that new homeowners or aspiring buyers ranked highest related to helping them save in utility costs, add extra storage, and spruce up the outside, said Rose Quint, the NAHB’s assistant vice president of survey research.

The NAHB surveyed nearly 4,000 consumers who either purchased a home within the last three years or plan to buy a home in the next three years to identify their top

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Amenities that Speak to Pet Owners Help Homes Stand Out

You don’t have to own a Westminster-worthy show dog to appreciate amenities that canines and their owners love. In fact, attributes such as pet doors, feeding stations and ample yard space can help a house stand out from others on the market.

It’s no surprise that millennials are changing the real estate world and impacting residential trends like never before. What may come as a surprise is that the number one home buying demand is pet friendliness. According to the American Pet Products Association, 73 percent of millennials currently own a pet and 33 percent of a millennial homebuyers’ decision to buy a home is driven chiefly by man’s best friend.

With so many people welcoming pets

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If you’re in your 20's or early 30's and you’re looking to purchase a new home to live in, maybe you should consider turning your first home into an investment property.

While most people wait until after they’ve bought their first or second home to begin investing in real estate, you could probably start much sooner than you think. 

Many people, especially in the wake of the mortgage crisis, have found themselves wondering: “Is buying a house a good investment?” One way to ease your worries about whether buying a house will pay off is by renting out the first home you buy. By turning your home into an investment property, you can leverage your possibly less-than-perfect credit, less-than-perfect lifestyle and limited responsibilities into an…
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As a whole, the national housing market is in a period of transition—but that doesn't mean every city is experiencing it the same way.

According to a forecast recently released by Veros, appreciation, on average, is expected to be 3.9 percent in the 100 largest markets this year—but there are areas bucking the trend, and clear patterns where prices are on the rise.

Case in point? Idaho. From Boise to Idaho Falls, home prices are projected to spring up 8 percent or more for the year. Jump one state over to Washington, and prices are projected to sprout there, too. (Hint: It's not Seattle!)

According to the forecast, the top 10 growth markets for the year are:

  1. Boise City-Nampa, Idaho (+9.5%)
  2. Olympia, Wash. (+8.8%)
  3. Midland, Texas
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Contrary to popular belief (and local new construction) homebuyers still want bathtubs.

Yes, yes, we’ve all been told that "bathrooms and kitchens sell houses." But according to an illuminating new survey from realestate.com, one particular bathroom feature is a real deal-maker: a claw-foot bathtub.

For real? Yep, per the survey's participants, homes that had a claw-foot bathtub in the listing sold, on average, for 29 percent above asking price. That's some serious ROI now, folks. 

We were honestly surprised, too: We would have expected a more modern amenity (like a rain head shower or trendy tiling) to be the hot ticket item. But it just goes to show ya that some classic character features have real staying power—especially

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