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Denver June Market Trends

June Market Trends

June Market Trends

NO TIME LIKE THE PRESENT

 

Adding it up.Thinking about buying your first home, or perhaps upgrading from your current place?

 

Thanks to the current economic climate and game-changing technology in the housing market, now is the perfect time to take the plunge.

 

Low interest rates
Lenders are giving buyers mortgage rates that are extremely enticing— depending on your credit you can still get a mortgage below 4.0%. There’s a good chance these are the lowest mortgage rates we’ll see in a long time, which means affordability is at a high.

 

Prices are on their way up
Mortgage rates may be low, but housing prices are getting higher and higher because of the pressures of demand—prices increased 5.1% year-over-year in November 2015. If you’re thinking about buying, delaying a few years could lead to a higher purchase price, or getting less home for your money.

 

A great job market
The United States added 2.65 million jobs in the last year. There’s increasing job security and available work, leading to high consumer confidence.

 

Technology makes buying simpler 
Along with listing websites, like REColorado, there are an increasing number of websites and apps, likemy mobile app, that simplify the process and make it easier to shop around for homes and mortgages.

 

Cheap fuel
Lower gas and energy prices mean more money in your pocket and more purchasing power. The money you’re not putting into your gas tank or toward your utilities can instead go toward saving for a down payment or affording a bigger monthly mortgage payment.

 

As your REALTOR®, I will guide you through the home selling or buying process. Let me help you sell or find your new Denver home. Call me today at 720.675.7355 or email me at donnahansenion (@) gmail.com.

Champa Place: Map of great amenities for 2347 & 2349 Champa Street

 

Champa Place: Map of great amenities surrounding 2347 & 2349 Champa St.

Champa Place: Map of great amenities surrounding 2347 & 2349 Champa St.

Champa Place: Map of great amenities surrounding 2347 & 2349 Champa St.

Champa Place

Real_Estate_Flyer_–_Champa 3

Champa Place

Don’t forget about homeowner tax breaks

moneytreeOne of the many perks of homeownership is big tax breaks. So whether you’re doing your taxes yourself or getting help from a professional (always use a professional), it’s important to take advantage of those breaks!

 

Mortgage Interest Deduction:

Before buying a home, a standard deduction may have made the most sense when you prepared your taxes. But homeowners can deduct the interest portion of their mortgage payments, and the earlier you are in your mortgage, the greater the percentage of each payment that goes toward interest, so take advantage right away!

 

Home Office:

There are specific criteria that have to be met in order to deduct home office expenses, but it can lead to a very large deduction. In general, your home office has to be used specifically for business purposes. Check with a tax professional to see if your home office qualifies for a deduction—it’s a little extra work, but can make a big difference in your tax responsibility.

 

Talk to a tax professional to ensure you are leveraging all the available tax benefits of homeownership.

 

As your REALTOR®, I will guide you through the home selling and buying process. Let me help you sell or find your new Denver home. Call me today at 720.675.7355 or email me at donnahansenion (@) gmail.com.

Pre-Sale Cleaning Checklist

Pre-Sale Cleaning Checklist

Pre-Sale Cleaning Checklist

Source: Clean Conscience

 

Get Denver Street Sweeping Reminders

https://denvergov.org/pocketgov/#/street-sweeping

Denver has updated how they send street sweeping reminders. You can sign up for this service to receive text or emails on the specific side of the street on the blocks that you park.

Sign up here: https://denvergov.org/pocketgov/#/street-sweeping

House hunting checklist

 

House_Hunting checklist

House_Hunting checklist

House hunting checklist

ADDING VALUE TO YOUR HOME

Adding Value to Your Home – Infographic by Renovation Kingdom

Adding Value to Your Home

Denver Public Works to Host 2nd Community Workshop for Broadway/Lincoln Corridor Study

BroadwayLincoln

BroadwayLincoln

Denver residents, business owners, employees and stakeholders are encouraged to attend a second community workshop on how to improve mobility and safety along the Broadway/Lincoln corridor.

Broadway/Lincoln is a vibrant mixed-use district with dense commercial and residential land uses, making it a popular destination for people who walk, bike, drive and take transit. The corridor is also a major link between downtown and I-25.

Denver Public Works is leading a study that will evaluate new concepts to make Broadway/Lincoln a safer place for all travelers. Denver community members who walk, bike, take transit or drive the corridor are encouraged to attend this workshop and provide input on possible improvements.

Community workshop for Broadway/Lincoln Corridor Study:

When: Thursday, January 28, 2015

Drop in anytime: 3pm – 8pm

Presentation at 6pm

Where: South Broadway Christian Church

23 Lincoln Street, Denver, CO, 80203

For more information, please visit the project website, www.DenverMovesBroadway.com.