Obtain Pre-Approval Prior to Your Denver Real Estate Search

By teamcox | Published: December 4, 2011

If you are moving to Denver, Colorado, and plan on financing a new home, you should know that there is a difference between getting Pre-Qualified & Pre-Approved. A Pre-Approval letter is a document from the lender that confirms you can borrow up to a certain amount based on a completed loan application, credit check, tax returns and … Continue reading Obtain Pre-Approval Prior to Your Denver Real Estate Search

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Denver Mortgage Rates Fall Near Record Lows

By teamcox | Published: November 27, 2011

We hope that you had an enjoyable Thanksgiving weekend. While you were battling crowds at the grocery store last week, according to Freddie Mac, the average rate on a 30-year fixed mortgage fell to 3.98 percent from 4.0 percent, which is close to the lowest point of 3.94 percent seven weeks ago. The average rate … Continue reading Denver Mortgage Rates Fall Near Record Lows

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Will Obama’s New Mortgage Plan Help Colorado?

By teamcox | Published: October 29, 2011

President Obama unveiled a new mortgage plan last week, aimed at reducing monthly mortgage payments for distressed homeowners who owe more than their properties are worth (more than 125 percent of the value of their home). He announced steps for these homeowners to refinance their loans at low rates (around 4 percent). Is this plan … Continue reading Will Obama’s New Mortgage Plan Help Colorado?

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Colorado Foreclosure Filings Down

By teamcox | Published: October 16, 2011

There is good news on the Denver real estate front! A recent RealtyTrac report reveals that while Colorado still has the tenth highest foreclosure rate in the country, foreclosures continue to decline across the state.  In September, there were 4,855 Colorado foreclosure filings, which equates to one out of every 447 housing units. This is … Continue reading Colorado Foreclosure Filings Down

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Where are the Most Expensive Zip Codes in Colorado?

By teamcox | Published: October 14, 2011

Forbes Magazine recently released its list of the most expensive zip codes. Seven Colorado zip codes made the top 100 and three of them are in the Denver metro area (Boulder, Greenwood Village and Cherry Hills). A Castle Rock zip code (80108), encompassing the Castle Pines Village area, was also included in the top 500. The … Continue reading Where are the Most Expensive Zip Codes in Colorado?

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Now is the Time to Buy Your Denver Home!

By teamcox | Published: August 30, 2011

Today’s Standard & Poors/Case Shiller home price index indicated an increase in national home prices by 3.6% from April-June. Also, today’s bond markets recovered much of the losses in the past week. What does this mean? Since interest rates are so low, now is simply a great time to buy and sell a home in … Continue reading Now is the Time to Buy Your Denver Home!

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Consider Buying a Home in Denver!

By teamcox | Published: August 9, 2011

To say the investment market is unsettling is an obvious understatement.  The market is down 8% in the last ten days and the news doesn’t give much hope that things are going to get better in the near term. Preservation of capital is probably today’s most important investment consideration and making a profit would be a … Continue reading Consider Buying a Home in Denver!

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Check Out Our New Look!

By teamcox | Published: July 21, 2011

TeamCox Realtors hopes that you have are having a great summer!  We have been busy giving our website a whole new look! We  combined our website (teamcoxrealtors.com) and our blogsite (denvermusings.com) to simply things for our readers! You can now access our state-of-the art MLS search system, Denver real estate information, blogs, and much more – all … Continue reading Check Out Our New Look!

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Rent vs. Buy in the Denver Real Estate Market

By teamcox | Published: June 6, 2011

Should You Rent vs. Buy in the Denver Real Estate Market? Denver vacancy rates are at their lowest point in a decade. Denver rental rates are up. You don’t like renting, Denver housing prices are at an all time low, your job is secure and you have managed to squirrel away some down payment money.  … Continue reading Rent vs. Buy in the Denver Real Estate Market

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Denver Real Estate Update – May 2011

By teamcox | Published: May 22, 2011

We hope that you are enjoying the onset of spring despite the fact that the weather hasn’t been very “springish” lately. There are many interesting developments across the Denver real estate market this month. Here are a few of the highlights: The number of Denver-area homes and condos put under contract (4,749) in April was … Continue reading Denver Real Estate Update – May 2011

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