A4HB Homebuyer's Blog

Pick Your Best Investment as a Residential Buyer

Pick Your Best Investment as a Residential Buyer By Norris Minick In a recent post, we presented some data on a gap that opened up between 2002 and 2010 between condo/townhome prices and prices for small single family homes. Then we noted that this gap narrowed substantially in most local communities over the past few years. This raises a question: If buyers see a price gap opening up, does it made sense to buy a condo or townhome, rather than a single family home, to maximize the potential of their investment? How do you pick your best investment as a

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August 30, 2016

It’s a Good Time to Purchase an Investment Property

It’s a Good Time to Purchase an Investment Property Millennials are Waiting Longer to Buy In July 2016, U.S. homeownership rates hit their lowest percentage on record at 62.9%. What is the major cause of this trend? The dip in homeownership is most likely due to millennials waiting longer than ever to purchase their first home. Factors that influence the home buying decisions of the younger demographic are increased student debt, delayed marriage, and waiting to have children. As a natural result, this has impacted rent and vacancy numbers across the state. According to the Colorado Department of Local Affairs,

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August 24, 2016

The Fascinating World of Dryer Lint

The Fascinating World of Dryer Lint It’s not unusual for home inspectors to find dryer ducts packed with lint in the course of an inspection. When they do, they strongly recommend dryer duct cleaning. This is not a trivial issue because the lint is potentially combustible and a somewhat common source of house fires. Do Your Clothes Take Forever to Dry? But with that knowledge, it still didn’t occur to Norris to have the dryer vents cleaned at his home or the rental condo he owns. Shortly after a new tenant moved into his condo last year, they called to

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September 17, 2014