Posted by Alex Neir on Wednesday, January 11, 2023 at 1:20:23 PMBy Alex Neir / January 11, 2023Comment
Aspired by many, becoming a real estate tycoon can seem like an overwhelming endeavor for those just starting out. But anyone can succeed as a real estate investor if they have the correct information and tactics in place. We'll go over the measures you need to take, even if you're just starting out, to become a real estate entrepreneur in this comprehensive guide.
1.) The first step is to start your education. You are going to want to start reading or listening to real estate books to begin to understand the industry. I would suggest you start with "Real Estate Principles: A Value Approach" by David Ling and Wayne Archer and "Real Estate Investing for Dummies" by Eric Tyson and Robert S. Griswold. Those are 2 great references...
Posted by Alex Neir on Monday, September 26, 2022 at 12:42 PMBy Alex Neir / September 26, 2022Comment
When will the housing deals start in Denver? I will try to answer this with some predictions for the next year.
First, we'll take a look at the real estate market in Denver from a historical perspective. Next, we'll look at the current state of the Denver real estate market which should lay a foundation for a reasonable guess of what may happen in the future.
Looking Back
The Denver real estate market has been experiencing extreme price appreciation for the last decade. The average home price in Denver has increased by 218% from 2012 to 2021. That averages to around 24% appreciation, per year, for that timeframe. So, why did that happen?...
Now let's take a look at how styles are changing as we head into the third decade of the millennia. Keeping up with current style trends and making incremental upgrades ensures that you don’t find yourself in decades old home. Outdated homes take longer to sell and sell for considerably less than their updated counterparts. Secondly, keeping your home updated adds joy to your life, it's a simple fact!
So, let’s dive into the design trends in real estate that are making a splash in 2020....
Posted by Alex Neir on Friday, September 11, 2020 at 8:12 AMBy Alex Neir / September 11, 2020Comment
The Denver real estate market is scorching hot right now. My opinion on why this is happening is outlined in this article: Why hasn't COVID 19 slowed the Denver Real Estate Market? With a market this hot, as an owner/seller you might tell yourself - buyers will love my home regardless! While this certainly may be true, some strategic upgrades can increase your odds while creating a tidal wave of joy for yourself.
I often see sellers really start considering improvements right around the time they go to sell. This is {nuts emoji}. What if I could convince you that some simple upgrades could spark...
Posted by Alex Neir on Monday, August 17, 2020 at 10:37 AMBy Alex Neir / August 17, 20201 Comment
With unemployment sitting at around 10.5% in Colorado right now, COVID-19 spiking in many places across the United States and the national news fixated on a stagnant economy, why is it so difficult to buy a house in Denver right now?
You may be asking yourself this very question. All economic indicators should have buyers pausing purchase decisions. Uncertainty about the future has traditionally caused real estate markets to slow down. But this time is different. Why is that?
I have a few ideas on what might be fueling the demand for real estate in the Denver market right now.
First of all, It is extremely cheap to borrow money. Interest rates sit at 3.14% for a 30-year and 2.66% for a 15-year fixed-rate mortgage. ...
Posted by Alex Neir on Tuesday, August 4, 2020 at 11:54 AMBy Alex Neir / August 4, 2020Comment
Add Value To Your Home With These 9 DIY Improvements
Whether you’re prepping your house to go on the market or looking for ways to maximize its long-term appreciation, these nine home improvement projects are great ways to add function, beauty, and real value to your home.
The best part is, once you’ve secured the materials, most of these renovations can be completed over the course of a weekend. And they don’t require a lot of specialized skills or experience. So grab your toolbox, then get ready to boost your home’s appeal AND investment potential!
Posted by Neir Team on Thursday, April 2, 2020 at 8:25 AMBy Neir Team / April 2, 2020Comment
Coronavirus, Stay-at-Home Order and Real Estate: Your Questions Answered
In these unprecedented times, we know many Denver real estate buyers and sellers are wondering what to do. The Neir Team is here to answer your questions based on policies and procedures developed by Kentwood City Properties. Below are some of the most common inquiries received by The Neir Team. If your question is not on this list, please give us a call (phone numbers below).
What does this mean for my current listing?
Your home is still posted on our various online channels and the MLS. Buyers typically first learn of a home online. The Neir Team clients benefit from our extensive digital marketing expertise -- we will make sure yours stands out among the rest.
Posted by Alex Neir on Monday, January 13, 2020 at 3:00 PMBy Alex Neir / January 13, 2020Comment
Q4 2019 Denver Real Estate Market Update.
Hey everybody, I’ve got your Q4 2019 Denver real estate market update. How did 2019 compare to previous years? Also, strategies and predictions for what’s going to happen in 2020.
We’re talking about the Denver real estate market today. First of all huge shout out to Megan Aller with first American title. She is the amazing statistician that has compiled all of this data and made it actionable for us.
Four things I want to cover today.
Number 1: let’s check in on the inventory in our market as it’s the huge driver for the price appreciation that we continue to see.
Posted by Alex Neir on Monday, December 9, 2019 at 1:29 PMBy Alex Neir / December 9, 2019Comment
Technology is changing the way we do almost everything, and real estate transactions are no exception. In fact, a new crop of tech companies wants to revolutionize the way we buy and sell homes.
iBuyer startups like Opendoor, Offerpad, and Properly are rapidly expanding into new territories, and now established players, like Zillow, are starting to get in on the action. Also known as Direct Buyers, these companies use computer algorithms to provide sellers with a quick cash offer to buy their home.
While the actual market share of iBuyers remains small, their big advertising budgets have helped create a noticeable buzz in the industry. This has left many of our clients curious about them and how they work.
Posted by Alex Neir on Monday, October 14, 2019 at 10:55 AMBy Alex Neir / October 14, 2019Comment
Most homeowners have something about their property that they want to change. And as needs and design trends shift over time, many will eventually choose to remodel. Some homeowners make updates to their property before listing it to maximize their potential sales revenue.
Whatever your reasons are for taking on a home improvement project, it’s wise to consider how the money you invest will impact your home’s value.
We’ve taken a look at six popular home renovations and identified those that—on average—have the best and worst returns on investment. So before you lift a hammer or hire a contractor, take a look at this list and see if your remodeling efforts will reward you when it comes time to sell.