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What To Do With Your Massive Equity Gains

In Market Trends, Real Estate Advice by Doug Phelps

The average sales price of a single-family home in the Denver Metro real estate market hit $624,048 last week. That is up $116,000 from just 18 weeks ago.  What should homeowners do with that equity, if anything at all? Some will say sell and capitalize, some will say pull the equity out. The answer is always the same however, it …

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Can I Fire My Real Estate Agent?

In Buyers, Real Estate Advice by Doug Phelps

Sometimes it just doesn’t work out. Here’s how to say goodbye when you’re unhappy. You know how to break up with a romantic partner when it’s not working out. “It’s not you, it’s me,” you tell them. Or, “I’m not ready for a long-term commitment.” But how do you break off a professional relationship — like with a real estate …

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Q is for Quit Claim Deed

In Real Estate Advice by Doug Phelps

This post is part of an ongoing series, “ABC’s of Real Estate.” Stay tuned for more posts as I run through the a-z of real estate and provide helpful tips for home buyers and sellers alike.

Real Estate Bubble? 3rd Quarter 2018 Update

In Real Estate Advice, Buyers, Colorado, Homeowners by Doug Phelps

So about 90 days ago I gave you a video update of Colorado residential real estate and specifically the Denver Front Range. In that video, I suggested that we were anticipating some market shifts and a calming in appreciation as we rolled towards the end of the year. For the first time in 6½ years, we have officially seen a shift in the market.