Be the First to Know

Start Now

Want to recieve the same updates our agents do?

What's My Home Worth?

Find Out

Our Free Market Analysis tool uses the latest market statistics

The AnotherJustSold.com Real Estate Blog

Why Stapleton is an Amazing Community

What makes living in Stapleton so greatPart Two of Stapleton's infographic, a great place to live in Denver!

...

Autumn in the Denver Housing Market

The Denver Housing Market is showing significant improvement. In a year-over-year comparison, 20% more homes closed this fall over last year.  Average sold prices for 2013 also show an 8% increase.

 Kirby Slunaker, CEO and President of Metrolist states that “all of our data points to a healthy market, which leads us to believe we are experiencing a true housing market recovery.”

 The demand this fall is strong and a great sign for the real estate market. In 2012 the average days on market was 64. In contrast, from August to September of this year it was only 39 days.

Take advantage of the strong market and low interest rates! Call Kimberly at 303-360-6400 to find out more!

...

How will the government shutdown affect your real estate transaction?

The government shutdown will affect everyone, but one large question on the minds of buyers and sellers is: how will it affect our real estate transaction? The shutdown will impact some closings depending how far along they are in the process.

What will be affected:

Tax Transcripts: The IRS will not be processing 4506 & 4506T Tax Transcripts. For verification of income these are required by most loan types and if you are self employed they are always required.

FHA Home Loans: Only about 2% of the HUD’s Office of Housing employees will be working. However, HUD has informed banks that daily operations will continue.

USDA Home Loans: If you do not already have a conditional commitment, then you will not be able to receive a rural housing home loan until the shutdown is resolved.

Social Security Verification: The Social Security Administration will not be verifying any Social Security numbers. Even providing your card is not always the only verification required.

What will NOT be affected:

VA Home Loans: Lenders will continue to process and guaranty mortgages

Conventional and CHFA Home Loans: These should not be delayed unless your loan requires tax transcripts or social security verification

Denver Metro Mortgage Assistance: The 4% grant program for down payment and closing costs will have no delays

Is there an upside?

If mortgage rates keep falling due to the lessened demand over shutdown concerns, it could be a good time to lock in a lower...