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

Mortgage Rates Are Stabilizing – How That Helps Today’s Buyers

Mortgage Rates Are Stabilizing – How That Helps Today’s Buyers

Over the past few years, affordability has been the biggest challenge for homebuyers. Between rapidly rising home prices and higher mortgage rates, many have felt stuck between a rock and a hard place.But, something pretty encouraging is happening. While affordability is still tight, mortgage...

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The 5-Year Rule for Home Prices

The 5-Year Rule for Home Prices

Some HighlightsIf recent home price headlines have you feeling worried, here’s some perspective.​​Home values almost always go up in the long run. ​And the long-term gains offset any short-term dips. Basically, if you plan to live there for 5 or more years, you should be able to buffer yourself...

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The Advice First-Time Homebuyers Need To Hear

The Advice First-Time Homebuyers Need To Hear

Buying your first home is a big milestone – and the right support is going to make it a whole lot easier.Because while this process might be brand new to you, it’s not new to your agent. They’ve helped plenty of first-time buyers through it. They know what works, what actually matters, and how you...

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The Truth About Where Home Prices Are Heading

The Truth About Where Home Prices Are Heading

There are plenty of headlines these days calling for a housing market crash. But the truth is, they’re not telling the full story. Here’s what’s actually happening, and what the experts project for home prices over the next 5 years. And spoiler alert – it’s not a crash.Yes, in some local markets,...

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Selling and Buying at the Same Time? Here’s What You Need To Know

Selling and Buying at the Same Time? Here’s What You Need To Know

If you're a homeowner planning to move, you're probably wondering what the process is going to look like and what you should tackle first:Is it better to start by finding your next home? Or should you sell your current house before you go out looking? Ultimately, what’s right for you depends on a...

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Should You Buy a Vacation Home?

Should You Buy a Vacation Home?

Some HighlightsNow that summer’s here, you may be planning your next getaway. But what if you didn’t have to? ​Buying a vacation home means having a built-in escape you can use year after year. It gives you the chance to generate rental income and have a go-to retirement destination in the...

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What You Should Know About Getting a Mortgage Today

What You Should Know About Getting a Mortgage Today

If you’ve been putting off buying a home because you thought getting approved would be too hard, know this: qualifying for a mortgage is starting to get a bit more achievable, but lending standards are still strong.Lenders are making it slightly easier for well-qualified buyers to access...

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Think No One’s Buying Homes Right Now? Think Again.

Think No One’s Buying Homes Right Now? Think Again.

If you’ve seen headlines saying home sales are down compared to last year, you might be thinking – is it even a good time to sell? Here’s the thing. Sure, the pace of the market has cooled compared to the frenzy we saw just a few years ago, but that’s not a red flag. It’s a return to normal. And...

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Why Big Investors Aren’t a Challenge for Today’s Homebuyer

Why Big Investors Aren’t a Challenge for Today’s Homebuyer

Remember the chatter in the headlines about all the homes big institutional investors were buying? If you were thinking about buying a home yourself, you may have wondered how you’d ever be able to compete with that. Here’s the thing. That’s not the challenge so many people think it is –...

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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