Margaret Parks - Colorado Native Realty

04/26/2024

Equity Can Make Your Move Possible When Affordability Is Tight [INFOGRAPHIC]

Did you know the equity you have in your current house can help make your move possible? Once you sell, you can use it for a larger down payment on your next home, so you’re borrowing less. Or, you may even have enough to be an all-cash buyer. The typical homeowner has $298,000 in equity. If you want to find out how much you have, let’s connect for a Professional Equity Assessment Report.

Did you know the equity you have in your current house can help make your move possible?

04/25/2024

2024 Housing Market Mythbusting

There are a number of myths out there about the 2024 housing market. Need help separating fact from fiction? Let’s connect.

04/24/2024

Foreclosure Numbers Are Nothing Like the 2008 Crash

If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up.

The reality is, while increasing, the data shows a foreclosure crisis is not where the market is headed.

The Headlines Make the Increase Sound Dramatic – But It’s Not

The increase the media is calling attention to is a little bit misleading. That’s because it’s comparing the most recent numbers to a time when foreclosures were at historic lows. And that lopsided comparison is making it sound like a much bigger deal than it actually is.

Back in 2020 and 2021, there was a moratorium and forbearance program that helped millions of homeowners avoid foreclosure during challenging times. That’s why numbers for just a few years ago were so low.

Now that the moratorium has come to an end, foreclosures are...

If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up.

04/23/2024

The Best Way To Keep Track of Mortgage Rate Trends

If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind. You’ve heard about how they impact how much you can afford in your monthly mortgage payment, and you want to make sure you’re factoring that in as you plan your move.

The problem is, with all the headlines in the news about rates lately, it can be a bit overwhelming to sort through.

The Latest on Mortgage Rates

Rates have been volatile – that means they’re bouncing around a bit. And, you may be wondering, why? The answer is complicated because rates are affected by so many factors.

Things like what’s happening in the broader economy and the job market, the current inflation rate, decisions made by the Federal Reserve, and a whole lot more have an impact. Lately, all of those factors have come into play, and it’s caused the volatility we’ve seen.

Professionals Can Help Make...

If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind.

04/22/2024

When it comes to the current housing market, there’s a lot of misinformation out there right now.

And you may be confused about what’s fact and what’s fiction.

That’s why I’m busting some of the biggest myths and misconceptions in real estate today. Swipe to see.

04/19/2024

If you’re looking to move, you know affordability is tight right now.

But there are some signs it’s starting to get a little bit better and may improve as the year goes on.

We’ve still got a long way to go. But if you want someone to keep you up to date on the latest, I can help.

04/18/2024

Wanna live large in retirement?

Then downsizing could be the answer.

Whether you’re looking for the convenience of a smaller space or to save some extra cash – it could be your ticket to maximizing your golden years.

Want to chat to see if it's the right move for you? DM me.

04/17/2024

The Perks of Downsizing for Retirees

Just retired or about to soon? Let’s talk about your goals and explore the latest options that fit your changing needs.

04/16/2024

Waiting for mortgage rates to fall? A lot of other buyers are too.

When rates are higher, there are fewer buyers in the market. But when rates start to come down later this year, buyer demand will ramp up.

If you want to beat the crowd, you could sell now. It’ll save you a heap of competition and stress down the road. Let’s chat.

04/15/2024

The Perks of Downsizing When You Retire [INFOGRAPHIC]

If you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses. Smaller homes typically have lower energy and maintenance costs. Plus, you may have enough equity built up to fuel your move. If you're thinking about moving to a smaller home, let’s go over your goals and look at your options in our local market.

If you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses.

04/12/2024

An exciting trend is happening in housing.

New data shows the size of new homes is trending down.

That’s good news if you’ve been looking for a house that checks all your boxes and still fits your budget.

If you want to see what builders are doing in our area, let’s connect. You’ll want an agent to show you the latest and be your guide as you decide what’s right for you.

04/11/2024

Don’t Let Your Student Loans Delay Your Homeownership Plans

If you have student loans and want to buy a home, you might have questions about how your debt affects your plans. Do you have to wait until you’ve paid off those loans before you can buy your first home? Or is it possible you could still qualify for a home loan even with that debt? Here’s a look at the latest information so you have the answers you need.

A Bankrate article explains: “Roughly 60 percent of U.S. adults who have held student loan debt have put off making important financial decisions due to that debt . . . For Gen Z and millennial borrowers alone, that number rises to 70 percent.”

This includes one of the biggest financial decisions you’ll ever make, buying a home. But you should know, even with student loans, waiting to buy a home may not be necessary. While everyone’s situation is unique, your goal may be more within your reach than you...

If you have student loans and want to buy a home, you might have questions about how your debt affects your plans.