Benefits of Using a Local Lender
by The Group Real Estate on 11.15.23
Talk mortgages with almost any seasoned Realtor® in Steamboat and you will undoubtedly hear a cautionary tale of a deal that blew up because of an out-of-town lender. If it were only a few Realtors with a few stories, one could chalk it up to bad luck. With such a unanimous chorus, however, it warrants […]
STOP THAT ANNOYING RINGING
With lower mortgage volumes and increased competition for business, many lenders have resorted to purchasing leads from the credit bureaus to contact any borrower who has their credit pulled by a mortgage company. This has led to consumers receiving upwards of a reported 60 calls immediately after having their credit pulled. It works like this: […]
RESURGENCE OF AN OLD MORTGAGE HACK
After years of dormancy, with interest rates remaining stubbornly high, the temporary buydown has resurfaced as a useful tool to make the first two or three years of a mortgage more affordable. Optimally, a temporary buydown provides borrowers with lower payments until they can refinance to a permanently lower rate without the risks of an […]
NAVIGATING DOWN PAYMENT OPTIONS ON A HOME
NAVIGATING DOWN PAYMENT OPTIONS ON A HOME
Whether purchasing a first-time home, or looking to move to a new property, one of the biggest concerns buyers have is the amount needed for a down payment.
Landscaping at Altitude 101
The trials and tribulations of gardening in Routt County is a well-known topic for those of us who strive to achieve green finger status.
Home Lending 101
Colorado Group Realty sits down with senior mortgage lender with Cornerstone Home Lending for a Q & A as interest rates continue at an all-time low.
What Will $1 Million Buy You In A Colorado Ski Town?
Mountain markets like Steamboat Springs are flourishing, not only in new home sales, but second homeowners shifting their permanent residence away from heavily populated areas.
How’s the Market? Low Interest Rates
In the last few years, rapidly escalating values and limited inventory were rampant in most markets, including Steamboat. Currently, the national housing marketing is decelerating and we can see the same trends occurring locally. The country is in the mid
How’s the Market? Town is Buzzing
With the arrival of vibrant sunny days, the influx of Steamboat’s visitors has begun. Town is buzzing with activity as is the real estate market. May closed sales volume in Routt County was $59M, 2019’s largest month thus far and up 10% from the previous
Is the Real Estate Market in Decline?
In 2018, the Steamboat Springs real estate market saw its first annual decline in total transactions in a decade. Why, you ask? Global trade tensions, stock market volatility and a government shutdown are definitely contributing factors to the nationwide