October 2015

Found 5 blog entries for October 2015.

By Rob Kelly, LRA Owner & Managing Broker

This week, landlords in Denver were met with some pretty good news.  

According to quarterly research conducted by Seattle-based All Property Management, Denver is the 4th-best city in the entire U.S. for owning rental property.  That is 4th out of A LOT of U.S. cities.  The group, which just released its second-quarter "Rental Ranking Report" tracking rental housing real estate investment in 75 U.S. markets, stated that with Denver's rapidly increasing property values (11.6%), low vacancy rates (4.3%) and good long-term job prospects (2.94%), our home to the Broncos is sitting comfortably in the top tier as a property investor's haven.  

"Denver is once again one of the best housing markets in the

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By Rob Kelly, LRA Owner & Managing Broker

Not only is fall definitely in the air, but the sights and sounds of Halloween are haunting us daily. Whether we are grocery shopping, walking the kids to school, or even going to the gym, we see Jack-O-Lanterns, black cats and the promise of clever costumes on the way! But if you are house hunting this time of year, don't get spooked by the subtle changes in our Colorado real estate market.  Yes, things tend to slow down this time of year as homeowners settle in for the winter all wrapped up like mummies, but that may be a good time to be active in the market.   There are still plenty of options on the market for the first time or repeat home buyer. When I refer to options, I don't just mean types of homes

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By Rob Kelly, LRA Owner & Managing Broker

It is difficult ignore the beauty of our changing colors as our beloved Colorado autumn season arrives. This is one of my favorite times of year since it is still warm enough to be outside hiking and cycling (plus I can be impulsive about a day trip since the kids are back in school!), but it is pleasant enough to stay outdoors for more than a half hour (think 95 and sweltering in July). When I am not out participating in our great Colorado outdoors,  I have been studying the real estate market reports that come my way. I see some changes coming to our market, in particular to interest rates and perhaps a slight increase in the availability of single family homes in our Boulder Valley are in

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By Rob Kelly, LRA Owner & Managing Broker

In this week's blog I am hoping to educate our readers on FHA 203K loans.  Here's why: if you are thinking of getting a mortgage loan for a fixer-upper, then you may want to read about the benefits of a FHA 203K loan to help you save a tidy sum. If you are in the market for a home and have your eye on a home that may need a little more TLC or if a major remodel is likely required to obtain a Certificate of Occupancy, you need not necessarily be afraid of the costs to remodel. Nor do you need to fear the possibility that a lender won't give you a loan because the home is considered “uninhabitable”. That is where an FHA 203k loan comes in.

As stated by our friends at Zillow, "An FHA 203k loan is a loan

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By Rob Kelly, LRA Owner & Managing Broker

This week's blog comes to me after reading some advice from Trulia, the online real estate search engine. Visiting an open house gives would-be buyers the opportunity to speak directly to the seller’s agent. The best way to take advantage of this personal meeting is to be prepared! Get the inside scoop by asking these ten questions:

1. How many offers have been made? Does the agent look suspiciously happy? They might have received word that an offer is coming in any minute. If they’ve received offers, they’ll probably be eager to tell you, in hopes that you’ll bid as well and drive the price up.

2. How stable has the price been? Your agent can find out how many times the price has changed since it

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