2023 BLOG - Wilks Real Estate

OUR ARTICLES

We have both Colorado Real Estate specific blog articles as well as National Real Estate blog articles. Take a look around and if you have any questions please let us know.

COLORADO REAL ESTATE ARTICLES

SPOTLIGHT ON MORTGAGES

SPOTLIGHT ON MORTGAGES

Spotlight on Mortgages  Written by Nicole Rueth 10/4/2023 Member of the DMAR Market Trends Committee and Local Mortgage Expert at The Rueth Team Nicole Rueth, a local mortgage and market expert writes: October 2023 presents an incredible opportunity for first-time homebuyers to make...

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How are We Different?

How are We Different?

https://www.youtube.com/watch?v=3JH8ClsYi44&t=1s The statisticians say that most people know 12 Realtors.  Being a word-of-mouth-based company, we realize that on a daily basis we have to outshine and outperform 11 other agents just to earn their business. Then we must impress them by...

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The Biggest Opportunity for Home Buyers Right Now is…

The Biggest Opportunity for Home Buyers Right Now is…

Builders and Buy-Downs:    Right now, there is a huge opportunity for homebuyers to get a sweet deal from local home builders. Builders are lowering home prices, offering notable incentives to buy-down interest rates as much as 1%-2% lower than market interest rates.  Further,...

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The Biggest Misconception in Real Estate TODAY is…

The Biggest Misconception in Real Estate TODAY is…

Home Value & Interest Rates! Right now, there is so much confusion and misinformation around home values and interest rates and where they are both headed.  First off, if you ever have questions about the real estate or mortgage markets, or your unique personal situation.... please don't...

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The Biggest Opportunity for Home Sellers Right Now is…

The Biggest Opportunity for Home Sellers Right Now is…

An Ounce of Prevention is Worth a Pound of Cure! Right now, well maintained beautiful homes that are properly marketed and priced ARE selling quickly, sometimes with multiple offers, and occasionally over asking price. However, homes with a long list of deferred maintenance, or a lot of necessary...

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Service Providers We Can Recommend

Service Providers We Can Recommend

The following list is people and companies that we ourselves or our clients have used and trust. This list can change at anytime and we receive nothing in return for referring them. HANDYMAN SERVICES Handyman Connection of Parker | Mike German - Owner | (720) 594-4924 |...

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How Much Home Can I Afford?

How Much Home Can I Afford?

A homebuyer should typically be able to afford a home that is 3 to 3.5 times your annual salary (or income). Another general rule is your total monthly expenses (including the new home) should never be above 45% of your gross (pre-tax) income. For a first time home buyer, we typically recommend...

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How Do I Know If I Hired the Wrong Realtor?

How Do I Know If I Hired the Wrong Realtor?

If you’ve never bought or sold a house before, you’ve probably never worked with a Realtor. You might have been so excited for the process you completely skipped over researching and interviewing prospective Realtors in order to find a really great one.   If you didn’t do your research,...

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NATIONAL REAL ESTATE ARTICLES

Why October Is the Best Time To Buy a Home in 2025

Why October Is the Best Time To Buy a Home in 2025

If you’ve been watching from the sidelines, now’s the time to lean in. It’s officially the best time to buy this year. According to Realtor.com, this October will have the most buyer-friendly conditions of any month in 2025:“By mid-October, buyers across much of the country may finally find the...

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What Buyers Say They Need Most (And How the Market’s Responding)

What Buyers Say They Need Most (And How the Market’s Responding)

A recent survey from Bank of America asked would-be homebuyers what would help them feel better about making a move, and it’s no surprise the answers have a clear theme. They want affordability to improve, specifically prices and rates (see below):Here’s the good news. While the broader economy...

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Why Buyers and Sellers Face Very Different Conditions Today

Why Buyers and Sellers Face Very Different Conditions Today

There’s a new divide in housing right now. In some states, buyers are gaining ground. In others, sellers still have the upper hand. It all depends on where you live. Curious what's happening in your state?These 3 maps show how the split is playing out across the country. In each one:Darker Shades...

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3 Reasons Affordability Is Showing Signs of Improvement This Fall

3 Reasons Affordability Is Showing Signs of Improvement This Fall

For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work. Home prices shot up. Mortgage rates too. And a number of people hit pause because it just didn’t feel possible. Maybe you were one of them.But there’s some encouraging news. If you’ve been waiting for a...

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Do You Know How Much Your House Is Really Worth?

Do You Know How Much Your House Is Really Worth?

Want to know something important you probably don’t have a professional check for you nearly as often as you should? Spoiler alert: it’s the value of your home.Because here’s the reality. Your house is likely the biggest financial asset you have. And if you’ve lived in it for a few years or more,...

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Why Now May Be a Key 2025 Moment To Sell Your House

Why Now May Be a Key 2025 Moment To Sell Your House

Mortgage rates are finally heading in the right direction – and buyers are starting to jump back in.According to the data, buyer demand picked up considerably once mortgage rates hit a new low for 2025. The Mortgage Bankers Association (MBA) reports that applications for home loans were up 23%...

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What a Fed Rate Cut Could Mean for Mortgage Rates

What a Fed Rate Cut Could Mean for Mortgage Rates

The Federal Reserve (the Fed) meets this week, and expectations are high that they’ll cut the Federal Funds Rate. But does that mean mortgage rates will drop? Let’s clear up the confusion.The Fed Doesn’t Directly Set Mortgage RatesRight now, all eyes are on the Fed. Most economists expect they'll...

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CONTACT US

Cory & Brandi Wilks

Owners | Realtors

720-388-8888 Cory

303-257-2038 Brandi

Cory@WilksRealEstate.com

Brandi@WilksRealEstate.com

 

REAL ESTATE

Wilks Real Estate

19590 E. Mainstreet suite 110

Parker, Colorado 80138

CO Lic. # EC100038194