Can You Change?

By February 17, 2017 Uncategorized No Comments
Adopting the attitude that change is good can lead to some amazing breakthroughs.  Fear of change, on the other hand, causes stagnation.  Change is inevitable one way or another.  When you embrace change, you at least get to choose your direction.
Maybe you’re just getting started in real estate and trying to figure out which direction to go, or you are a seasoned investor ready to branch out.  Here are some questions to ask yourself:
  • Why do I want to make this change?
  • Does this change align with my core values?
  • How will this change help me to add value to others?
  • Is the timing right for this change?
  • Who has done the thing and can provide me adequate mentorship?

These questions will help you to navigate through your options and figure out what changes to make (and maybe what changes to avoid).  We can’t always predict the outcome, but opening your mind to change will, if nothing else, welcome the possibility of a breakthrough into your life.

For your reading pleasure

It seems like Denver is topping the ranks of every real estate list out there! This week we learn that the hottest suburban real estate market in the nation is none other than the Montbello neighborhood. This is mainly due to the fact that home prices have appreciated 20.6% in the last three years. Although not quite as trendy or up-and-coming as more central Denver neighborhoods, it is still one of the only areas where a buyer can find a sizable home for under $300k. (The area was hit hard with foreclosures during ’07/’08, so there was plenty of room to appreciate.)

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How do rising interest rates affect a home buyer’s “buying power?” Well, the rate increase from 3.5% last year to 4.2% this year translates into about $100 to 200 more per month in the Denver area. This has the potential to push buyers out the market, especially the millennial generation, but the impact is not huge. Despite the challenge this presents to buyers, housing sales are expected to remain strong and keep rising. It might be worth noting that the stock market doesn’t seem concerned either.

See you soon,

Evania Ku
303 338-8000

QUOTE OF THE WEEK:  

“Progress is impossible without change, and those who cannot change their minds cannot change anything.”

~George Bernard Shaw

 

Full newsletter here: 2017.02.17 – Friday Flyer – Can You Change

 

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