When I wrote about the new paradigm for real estate agents back in July, I promised to expand on why buyers truly need their own advocate in real estate purchases. The first thing to understand is that a “Buyer’s Agent” is different than merely a real estate licensee. In Colorado, real estate licensees are allowed… [Read More]
The New Real Estate Agent Paradigm
The recent lawsuit settled by the National Association of REALTORS®, the big brokers, and their MLSs has done a gross disservice to consumers, and most particularly homebuyers. However, sellers are caught up too. First, I’ll try to summarize this suit as succinctly as I can. Some very astute and opportunistic attorneys saw an opportunity to… [Read More]
Denver’s Real Estate Market: A Closer Look at Home Price Drops
Denver, Colorado, often celebrated for its vibrant culture and stunning natural scenery, has recently made headlines for a different reason. The city now ranks among the top 10 areas with the highest share of home price drops, with 45% of homes experiencing price reductions. This trend is particularly notable in the market for both attached… [Read More]
A Story of Three Presidents and a Piper (and interest rates)
Terrible interest rates? I think this graphic tells it all. Still, I intend to now write a bunch of stuff about it. Since I became a real estate professional almost 40 years ago, I’ve seen some things. Things like things changed by market cycles and the things that affected those cycles, from energy… [Read More]
Just the Facts Ma’am
Fortunately, the younger crowd who doesn’t get the title reference has Google to solve the mystery. Almost every mystery actually. Which is not to say that everything on Google is factual. In fact, the “facts” on Google easily and frequently deceive. There is no research I draw from online that I don’t check the source… [Read More]
Skyfall
They say… a lot! And some of it’s true. But discerning what’s true from what’s not requires some effort, or at the very least, some healthy skepticism. In my business, miscalculations come at a cost to our valued clients, so I don’t mind spending the extra time it takes to clearly understand what the market… [Read More]
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