Real Estate Update

Marketplace

Confronting the Elephant in the Room

Reverse mortgages often carry a negative reputation, but it’s important to clarify that they are not a dangerous scam. In reality, the federally insured reverse mortgage program has undergone significant changes, making it a more suitable option for retirement cash flow planning rather than a last resort for homeowners in desperate need of cash. It

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Marketplace

What’s Up With Our Housing Market?

In March, with interest rates bouncing around in the mid-6 percents and an active listing count 105 percent higher than last year, Edgewater, Lakewood and Wheat Ridge experienced an average sales price loss of 11 percent year-over-year. Surprisingly, even with months of inventory skyrocketing by 125 percent over last year, the options are still very

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