The build-to-rent concept in both multi-family and single-family homes can fulfill a consumer need for having a place to live. However, it draws away builder resources from providing homes to buy, putting further pressure on the current inventory shortage.
In my last article, Part 1 of “Buying College Housing – Now Is The Time,” I discussed how purchasing a condo or house for your child to live in while attending college can be a worthwhile investment and can provide financial as well as other benefits for your college student. As you evaluate this decision, here’s a guide to help you.
Xeriscaping is becoming more popular along Colorado’s Front Range due to many factors such as a need to be good stewards of our water resources, attracting pollinators to the landscape or saving time and money spent on a typical lawn.
Here are some tips from their mortgage team on buying a home in a tough market, what pre-planning steps you can take to streamline the process and mortgage options for prospective homebuyers who want to live the Colorado dream.
Nothing quite transforms the outside look of a home like fresh new paint colors. External painting is a big project, but if it’s done well it’s something that you will enjoy for years – despite the incredible (sometimes crippling) anxiety it may cause you during the process.
The average interest rate on a 30-year mortgage is now 5.35 percent. That’s over two percentage points higher than at the beginning of 2022. These higher interest rates will undoubtedly change the home-buying scene as people weigh the costs of borrowing. But one constant is that the majority of new mortgages are of the 30-year fixed variety. Ever wonder why?