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Displaying blog entries 1-10 of 15

Congratulations Bo Young!!

by Tammy Petit

Congratulations Lynette Young you won!!! 🎉🎉🎉

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Denver Fall Foliage

by Tammy Petit

Here is a timeline of the best times and places to see the leaves change! 
Who is going to be making a day trip out of it? I know we are!

In early fall, the shimmering leaves of the aspen, the quintessential Colorado tree, turn gold, sending locals and visitors rushing to the mountains.
DENVER.ORG
 
 

ATTENTION!

by Tammy Petit

📢📢📢 ATTENTION:

The Meridian Group Real Estate is GIVING AWAY a $100 Visa Gift Card!! Please read the rules carefully. All rules must be followed to be entered into the contest. If you are the lucky WINNER we will mail your gift card within 5-7 business days. The contest begins NOW and will END Tuesday (29th) at 5PM. We will live stream the drawing at 7PM Tuesday night. Good luck! "May the odds be ever in your favor"

http://www.zillow.com/reviews/write/…

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Plan your 3-Day Weekend Now!

by Tammy Petit
 
We've rounded up 11 winning ideas for how to spend the three-day weekend eating, drinking, traveling, relaxing and enjoying some of Colorado's finest events.
THEKNOW.DENVERPOST.COM
 
 

Welcome Alexis Petit!

by Tammy Petit
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Solar Eclipse - Denver CO - When to See It!

by Tammy Petit

The animation shows what the eclipse approximately looks like in Denver. Stages and times of the eclipse are outlined below. All times are local time (MDT) for Denver.

Time Phase   Direction Altitude
10:23 am Mon, Aug 21
Partial Eclipse begins The Moon touches the Sun's edge. Map direction East-southeast 117°
45.2°
11:47 am Mon, Aug 21
Maximum Eclipse Moon is closest to the center of the Sun. Map direction Southeast 143°
57.5°
1:14 pm Mon, Aug 21
Partial Eclipse ends The Moon leaves the Sun's edge. Map direction South 186°
62.0°

Eclipse 2017 - Monday

by Tammy Petit

Are you watching the #Eclipse2017 on Monday? Lucky for us NASA is streaming it live so no matter where you are you can watch with millions of others!

 
 
August 21 at 10:00am
NASA - National Aeronautics and Space Administration plans to go live.
Get Reminder
 
NASA - National Aeronautics and Space Administration plans to go live.

On Monday, Aug. 21, all of North America will be treated to an eclipse of the Sun, and NASA will carry it live from coast to coast from unique vantage points on...

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862 Russellville Road- Click on Video

by Tammy Petit

Gorgeous Home for sale in Franktown - Click on the video below to see all the amenities this home has to offer.

​http://tours.mediamaxphotography.com/public/vtour/display/620772

Set up a showing with us today!

First Time Home Buyers, For Buyers, Move-Up Buyers

by Tammy Petit

 

Homeowner’s Net Worth Is Still Greater Than a Renter’s

Homeowner’s Net Worth Is Still Greater Than a Renter’s

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). 

The latest survey data, covering 2014-2016 will be released later this year. In the meantime, Lawrence Yun, the National Association of Realtors’ Chief Economist estimates that the gap has widened even further, to 45 times greater ($225,000 vs. $5,000)! 

Put Your Housing Cost to Work for You

As we’ve said before, simply put, homeownership is a form of ‘forced savings.’ Every time you pay your mortgage, you are contributing to your net worth. Every time you pay your rent, you are contributing to your landlord’s net worth.

The latest National Housing Pulse Survey from NAR reveals that 84% of consumers believe that purchasing a home is a good financial decision. William E. Brown comments:

“Despite the growing concern over affordable housing, this survey makes it clear that a strong majority still believe in homeownership and aspire to own a home of their own. Building equity, wanting a stable and safe environment, and having the freedom to choose their neighborhood remain the top reasons to own a home. 

Bottom Line

If you are interested in finding out if you could put your housing cost to work for you by purchasing a home, please call us.


It May Be Time to Sell!

by Tammy Petit

Hey, Millennial Homeowners!! It May Be Time to Sell

Hey, Millennial Homeowners!! It May Be Time to Sell

Contrary to what many believe, Millennials are not the ‘renter’ generation. Millennials purchased a larger percentage (34%) of homes in the U.S. than any other age group in 2017 and the most recent Census Bureau report shows that the homeownership rate among Millennials is finally on the rise.

Many Millennials took advantage of post housing crash prices and the First-Time Homebuyers’ Tax Credit and jumped into homeownership in 2010. If you are one of these buyers, now may be the time to sell for many reasons. Here are a few:

1. Equity Build-Up

Home prices have been on the rise since the beginning of 2012 and your house may have appreciated by more than you think. ATTOM Data Solutions, in their Q2 2017 U.S. Home Sales Report revealed that:

“…homeowners who sold in the second quarter realized an average price gain of $51,000 since purchase — the highest average price gain for home sellers since Q2 2007, when it was $57,000.

The average home seller price gain of $51,000 in Q2 2017 represented an average return of 26 percent on the previous purchase price of the home, the highest average home seller return since Q3 2007, when it was 27 percent.”

2. Projected Home Price Increases

If you just got married or just found out you are about to become a parent, you may have plans to move up a bigger home or perhaps move to a different area. Waiting to buy a more expensive home in this market probably doesn’t make sense. The experts contacted for the Home Price Expectation Survey are projecting home prices to increase by nearly 5% over the next year. Yes, your house’s price will increase but not as much as a home currently valued higher than yours.

3. Projected Interest Rate Increases

The Mortgage Bankers’ Association, Freddie Mac, Fannie Mae and the National Association of Realtors are each projecting mortgage rates to increase over the next year.

Higher PRICES + Higher INTEREST RATES = LARGER MORTGAGE PAYMENTS.

Bottom Line

If you are lucky enough to be one of those Millennials who purchased a house in 2010 (or even later), now might be the perfect time to move up to the home of your dreams!

Displaying blog entries 1-10 of 15

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Tammy Petit
The Meridian Group
4833 Front St. Unit B-133
Castle Rock CO 80104
Mobile: (720)331-2355
Office: (720)295-4177