Every week, Matt Hudson analyzes the current Colorado housing market in regards to economic impact and current buyer/seller conditions, and gives perspective on what you can/should expect if you're selling your home, or looking to buy one.

This week he also gives a glimpse of what the future will look like per the conditions for 2025, and how you'll be able to capitalize on timing in your current strategy.

Colorado is a WONDERFUL economy for real estate, and there's hope for you if you're in the thick of a transaction, or looking for a transaction, right now.

SHOW NOTES:
Visit us online coloradohomerealty.com

Looking to buy or sell a home and want some in-depth resources to understand the process and set bold expectations?:
BUYERS https://coloradohomerealty.com/buying-a-home/
SELLERS https://coloradohomerealty.com/selling-your-home/

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In this consumer focused conversation, Matt Hudson and Mike Aden (Employing Broker at Colorado Home Realty) discuss the proposed settlement of the 6 year class-action lawsuit which, amongst other things claims that the National Association of Realtors (NAR) is complicit in required practices by members that contributed to price fixing.

Mike and Matt discuss the terms of the settlement, the timeframe for implementation, the 2 primary characteristics of the settlement that will impact the industry and the ripple affect these changes will have on consumers.

This is one of the biggest industry changes in American industry history and impacts every homeowner and prospective homeowner. Know that your CHR agent is highly informed and can walk you through exactly what these proposed changes will mean for you.

SHOW NOTES:
Visit us online coloradohomerealty.com

Looking to buy or sell a home and want some in-depth resources to understand the process and set bold expectations?:
BUYERS https://coloradohomerealty.com/buying-a-home/
SELLERS https://coloradohomerealty.com/selling-your-home/

SAY HELLO!
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Email: hello@coloradohomerealty.com

The January Producer Price Index inflation report released in February effectively eliminated the Federal Reserve from beginning the decline of banking rates this spring, which caused a market reaction that drove mortgage rates higher.

This upward movement of mortgage rates has tempered buyer activity year to date, but we still see real estate prices rising on healthy demand. But the market is finicky right now, with some areas red hot and other areas unpredictably slow. We call this hyper-local real estate and as a buyer or seller, it is important to understand.

Many households may soon have a decision to make if prices continue to rise. Get a second job, or change lifestyle. Credit card debt in America now stands at $1.1 trillion with an average interest rate of 24% and auto loan debt is now $1.6 trillion with defaults and late payments on the rise. This may drive change to the housing market as some homeowners may choose to sell in order to payoff debts from past spending habits.

SHOW NOTES:
Visit us online coloradohomerealty.com

Looking to buy or sell a home and want some in-depth resources to understand the process and set bold expectations?:
BUYERS https://coloradohomerealty.com/buying-a-home/
SELLERS https://coloradohomerealty.com/selling-your-home/

SAY HELLO!
Instagram
Facebook
Linkedin
Youtube
Email: hello@coloradohomerealty.com