Perks of Homeownership
Updated: Apr 18
Here’s a friendly reminder of what there is to gain by owning property! This is a message for renters, investors and homeowners alike, but first—
Not only are you paying down someone else's mortgage when you're a tenant, but you can never really catch up to those who have been building fast equity all around you for years. Make that change and start looking into options to buy your own home.
I just went under contract on a fixer-upper in Denver, CO with some fellow Real Estate investors and it's an exciting, creative acquisition strategy with an awesome return. This is something I'm passionate about so reach out to me if you want to do this, too. I would love to share about the investment community that I'm plugged into. If you’ve been looking to invest in property, especially in Longmont and the surrounding areas, there is no time like the present.
If you're on the fence about selling your home, we're still averaging 104% of asking prices despite the cooling down of the temps—pun intended—and inventory is a little higher than usual for this time of year. It has been a seller’s market, and it continues to be. Waiting doesn’t mean there will be a bigger profit down the road, take advantage of the market now.
Let’s talk about brand new homes. Prices of new builds are rising fast. They go up with every building phase, and developers in Colorado simply can't build fast enough to keep up with the demand. The best time to buy one of these might have been four years ago, but the second-best time is right now. Not only are these high-efficiency gems gaining tens of thousands in equity before buyers are even moving into them, but they appreciate like crazy. New builds are always really sought after. If you've got a good Realtor, you can get into one by the end of the year, which is when these large-scale companies want to get all their inventory and phases off the books. So, due to tax reasons, you could get a discount.
For everyone looking at Longmont, CO Real Estate options!
Whether it's primary ownership, investing, selling or buying, get yourself educated and get into action. Don't wait till you're old! Don't wait till you're a little bit richer! Now is the time to sell for a great return, and you will find something on the buy-side if you make a move before the year ends.
I can offer world-class education tools, help with your search or give you a free evaluation, but you've got to let me know your needs and then let my tenacity move you!
And for more on the pros of buying new build homes near Longmont, CO, watch Episode 3 of my show, Proper-Tea Time, entitled Buying New in Firestone/Frederick.