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

Step 15 to Buying a Home: Reading the Inspection Report

Step 15 to Buying a Home: Reading the Inspection Report

Once the inspection report comes back, we will need to review it thoroughly. Don’t be surprised if it looks like a book with many items marked “to be repaired”. This is typical. We’ve never seen an inspection report that didn’t have at least 5 items that needed repair. However, there is a big...

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Step 14 to Buying a Home: Tips for Attending the Home Inspection

Step 14 to Buying a Home: Tips for Attending the Home Inspection

Attending the home inspection is one of the most important parts of buying a new home as it’s a huge financial investment with long term repercussions and you want to make sure the home you’re buying is in good shape. Therefore, we feel strongly that buyers should always be at the home...

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Step 13 in Buying a Home: What is the Inspection Period?

Step 13 in Buying a Home: What is the Inspection Period?

Now that a contract has been executed and earnest money dropped off, we are officially in the inspection time period.  This time is for the inspection, getting and reviewing the report, and giving any objection to the seller for review. It takes approximately 7 - 10 days from start to finish....

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Step 8 to Buying a Home: I Have an Accepted Contract, Now What?

Step 8 to Buying a Home: I Have an Accepted Contract, Now What?

Congratulations on having an accepted contract on a house, but now what? Often contracts are accepted verbally by the seller’s agent first while signatures are gathered from the sellers.  It can take 1 – 2 days for all parties to sign and return the contract so be patient. Until we have an...

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Step 9 to Buying a Home: Your Earnest Money Check

Step 9 to Buying a Home: Your Earnest Money Check

Now that your offer has been accepted by the seller and we have an executed contract, it’s time to drop off your earnest money check. Earnest money checks need to be dropped off within 1-3 business days of contract execution.  We will email you exactly how much your earnest money check should...

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Step 18 to Buying a Home: Hire Movers & Start Packing!

Step 18 to Buying a Home: Hire Movers & Start Packing!

Now that your inspection period is done, it’s safe to hire movers and start packing!  Call now to get moving estimates and secure a mover as they often get booked up weeks in advance.  Also, if you’re moving into a condo building, check with the Property Management Company to see if...

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Step 24 to Buying a Home: Attending the Walkthrough

Step 24 to Buying a Home: Attending the Walkthrough

Once you’ve received the Clear to Close, we’ll schedule the final walk through.  This usually occurs the day before or morning of closing and is a chance for you to walk through the property and make sure it’s in the same condition as it was during the inspection. The walk through takes about...

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NATIONAL REAL ESTATE ARTICLES

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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Patience Won’t Sell Your House. Pricing Will.

Patience Won’t Sell Your House. Pricing Will.

Waiting for the perfect buyer to fall in love with your house? In today’s market, that’s usually not what’s holding things up. And here’s why.Let’s be real. Homes are taking a week longer to sell than they did a year ago. According to Realtor.com:“Homes are also taking longer to sell. The typical...

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Mortgage Rates Just Saw Their Biggest Drop in a Year

Mortgage Rates Just Saw Their Biggest Drop in a Year

You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way.On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the biggest one-day decline in over a year.What Sparked...

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Why 50% of Homes Are Selling for Under Asking and How To Avoid It

Why 50% of Homes Are Selling for Under Asking and How To Avoid It

If your selling strategy still assumes you’ll get multiple offers over asking, it’s officially time for a reset. That frenzied seller’s market is behind us. And here are the numbers to prove it. From Frenzy to “Normal”Right now, about 50% of homes on the market are selling for less than their...

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Builder Incentives Reach 5-Year High

Builder Incentives Reach 5-Year High

Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right price. Maybe the layout feels off. Maybe it still needs some updating. Or maybe it’s just more of the same.That’s why more buyers are turning to new construction – and finding...

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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