Real Estate Term of the Day: Homeownership & Homeownership Rate

Real Estate Term of the Day: Homeownership & Homeownership Rate HOMEOWNERSHIP – the state of living in a structure that one owns. Contrasted with being a renter or tenant in one’s home (Barron’s Dictionary of Real Estate Terms)  HOMEOWNERSHIP  RATE – the percentage ratio of owner-occupied dwelling units to total occupied dwelling units in an area (Barron’s Dictionary … More Real Estate Term of the Day: Homeownership & Homeownership Rate

Real Estate Term of the Day: Home Inspector

Real Estate Term of the Day: Home Inspector HOME INSPECTOR – a professional who evaluates the structural and mechanical condition of a home prior to its beings sold. Some states require home inspectors to be bonded or licensed (Barron’s Dictionary of Real Estate Terms)  In the State of Colorado, home inspectors are not required to be … More Real Estate Term of the Day: Home Inspector

February 2015 Market Report is Now Available

::Download Now:: Excerpt: “The record low supply, coupled with strong demand, bodes well for continued home appreciation, which means prospective buyers should act promptly on order to avoid additional price increases while taking advantage of mortgage loan rates that remain below four percent.” Residential Highlights: Source: RECOLORADO.COM