Rent Or Buy: Questions to Consider



June 4, 2012Trying to decide whether to rent or buy is an incredibly important decision.  The financial implications are huge.  For one, it is the one of the largest or even THE largest investment many people will make in their lifetimes.  But, it is also a huge commitment of your funds.  While renting allows more flexibility and less grave consequences if you lose your job, being unable to pay a...

Price to Rent in Major Colorado Cities



June 1, 2012As we’ve seen, we are seeing an increase in the price to rent in Colorado.  Today we’ll take a look at the Median Price to Rent in Major Colorado Cities based on the report released from the Colorado Department of Local Affairs. City Median Price to Rent in 2007 Median Price to Rent in 2012 Fort Collins 743.65 986.56 Colorado Springs 667.84 728.02 Steamboat...

How To Use Your Vacation Home As A Rental Property in Colorado



June 1, 2012If you are one of the property owners who are lucky enough to own a vacation home in Colorado, you may want to consider using it as a rental property when you are not using it. This can maximize your investment in the property while still giving you that escape you were looking for when you bought your Colorado vacation home. When you rent it out and how much you charge depends a lot on the...

Rent Rising in Colorado



May 27, 2012Whether you are looking to rent or currently renting, you may be suprised at hte price to rent in Colorado.   The cost of renting is going up all over Colorado- causing some renters to downgrade, others to fork over more money for their housing, and still others to look closer at the question of “Renting Versus Buying.” Rent in the Denver Metro Area is at its peak in over a decade.  In...

Rent or Buy in Colorado Current Market Conditions? It’s a Complicated Question



May 25, 2012Deciding whether to rent or buy is a critical step in the home buying process.  While renters often feel that they are “throwing money away” by renting, the economics of this real estate question is not quite that simple. With home ownership, you see additional costs (both financial and time/effort costs) than you would with renting.  For example, maintenance, taxes, insurance, etc. But,...

Best Colorado School Districts



May 16, 2012As mentioned in previous blogs, it can be beneficial to consider the school district when purchasing homes- not only because it will help you send your kids to the school of your choosing, but living in a good school district can add value to your home. If you are looking to move to Colorado from out of state, or considering a move within the state and want to include school districts in your...

How Much To Spend on Colorado Housing



May 15, 2012One critical step in the home search process is determining how much to spend on housing.  The amount that you ultimately spend on housing is personal, and will of course be limited depending on fund available (either through income or loans).  But, it is important to consider how much you want to spend carefully, and to take into account both up front costs and ongoing costs. Up Front...