The Garage May Be a Big Selling Point

The Garage May Be a Big Selling Point More buyers are house-hunting with garages in mind. Twenty-four percent of homes built in 2015 came with space for three or more cars in the garage – the highest share since the Census Bureau started tracking large garages in 1992. In fact, home builders are now constructing… [Read More]

Should I Get a FHA Loan or Conventional Mortgage?

Should I Get a FHA Loan or Conventional Mortgage? For a conventional loan, you’ll need a credit score over 680 and a 5% down payment. Conventional loans also are stricter on employment history, requiring two years in the same field, as well as a payment-to-income ratio max of 45%. The FHA program makes sense when… [Read More]

3 Colorado cities among Money Magazine’s best places to live

3 Colorado cities among Money Magazine’s best places to live There are three Colorado cities where residents have it made – they have low crime rates, top-notch schools and low unemployment. And those three communities are Highlands Ranch, Centennial and Broomfield which landed the Nos. 6, 13 and 25 spots, respectively, on Money Magazine’s annual… [Read More]

Metro Denver home prices slightly down, condo prices up in August

Metro Denver home prices slightly down, condo prices up in August In Metro Denver, the median price last month was $380,250, a 2.2% drop from July and 9.6% above August 2015. Condo prices, by contrast, continued to move higher. The median was $244,000, a 0.4% increase and 13.5% above the median a year ago. There… [Read More]

Understanding How Credit Scores Work

Understanding How Credit Scores Work Credit scores are compiled separately by three consumer reporting agencies — Equifax, Experian, and Trans Union. These credit reporting bureaus calculate scores differently, and base their scores on information that may differ from other bureaus. Your credit score is a number that reflects the information in your credit report, whether… [Read More]

Colorado, Denver housing markets keep improving

Colorado, Denver housing markets keep improving The state and city of Denver housing markets kept improving over the past year, according to the latest Freddie Mac Multi-Indicator Market Index (MiMi). Colorado’s MiMi index improved 11.59% on a year-over-year basis, behind only Oregon (up 12.28%) nationally. Denver’s MiMi index improved 14.02% on a year-over-year basis, behind… [Read More]