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Archives for February 2018

Making Offers Without Touring Homes

February 27, 2018 by Jeff Summerhill Leave a Comment

Blind Offering According to a new study by Redfin, nearly 33% of Denver homebuyers who purchased their homes during the time period of the study (Nov+Dec 2017) made "Blind Offers" without seeing or touring the home. With all due respect, I'm calling Bullsh*t on this one.   First off, 33% is literally 1 in every 3 buyers in their survey of over 1,500 respondents, and Redfin puts the Continue Reading

Will Mortgage Rates Disrupt Market?

February 14, 2018 by Jeff Summerhill Leave a Comment

Mortgage Rates at 4 year Highs Mortgage Interest Rates hit 4 Year highs this week, and the feeling is that they will continue to trend higher.  Today, 2/14/18, according to Mortgage News Daily,  the average execution for a 30 year fixed rate, conforming mortgage (<$529,000 in the 5 county metro area) for a top tier credit scenario is 4.57%.   With the federal reserve expected Continue Reading

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