I have talked about this before but I think it is important enough to point out again. Once again the Denver area real estate market has some of the most afforadable housing prices in the country. Below is an article form DSNews quoting Trulia’s Rent Vs. Buy Index, showing Denver to be ranked in the Much Less Expensive to Buy Than Rent Ratio category. This is worth reading.
I don’t know if you knew it or not, but mortgage rates came up every day last week. Yes, they have been bouncing up and down but the more consistent good news there is that the economy is recovering, the more rates will go up and stay up. It’s called inflation.
There are excellent homes to be purchased in the Aurora South and Centennial CO areas at good and fair prices. The more rates go up the less house your dollar will buy. So if you are considering that home purchase, there isn’t a better time than to do so.
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