djhiterealestatecom: Denver's most competitive neighborhoods
- 07/31/18 08:16 AM
Redfin just launched a new metric called the Redfin Compete Score which measures how competitive a city, a neighborhood, and even a home is for buyers. Scores range from 0 to 100 with scores > 90 telling consumers that "most homes get multiple offers, often with waived contingencies." This score is based on Redfin data only from their listings and agents. Denver scored a 92 and Aurora scored 96. Taylor Marr, senior economist at Redfin said, "Many of the most competitive cities are tech hubs that have attracted an influx of people moving to the area for jobs, unmatched by the (0 comments)
djhiterealestatecom: Five tips for first-time buyers
- 08/25/16 05:58 AM
No matter how much time you spend on researching and educating yourself about your home purchase, it’s hard to cover every detail. Here are a few tips for avoiding rookie mistakes with your first home purchase. Save as early as you can: Even if you think you’re years away from buying your first home, try to start saving for your down payment. It makes a huge difference in your monthly payments, and helps avoid paying Private Mortgage Insurance. Be thorough with mortgage shopping: There are countless resources out there that can help you get the best terms for your mortgage. It (0 comments)