What does it mean if the housing market is slowing?

Slowed Appreciation DOES NOT Mean Loss of Value! CoreLogic expects a 5.9% appreciation over the next 12 months. Denver is always hotter and CoreLogic is super conservative! That means on a median price home, conservatively, you will gain another $37,000 in equity AND get to refinance with our new Refinance Guarantee!

What will housing look like in a recession? A recession will be good for housing. Recessions usually bring lower interest rates which will bring on strong demand. Strong demand on top of birth rates 30-33 years ago and high liquidity brought on by the Fed. Lower interest rates when supply is challenged by "interest rate lock", aging in place, investor buyers, and builder backlog.

Headlines want you to be worried. I want you to jump in. From my seat, the sooner you get in before a recession comes, the more opportunity for equity growth, when demand spikes and home prices rise.

Want to know what you can do? Let's talk!

Here's some of the math we cover in this episode. 

As of April 2022, the median closing price in DMAR is $624,950
This means the loan is $499,060 at 5.5% with a 20% down:
$2839/month principal and interest payment.

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$661,822 if it appreciates as CoreLogic predicts at 5.9%, putting 20% down.
The loan is $529,457 with 20% down at 5.9% interest rates.
$3006/month principal and interest.

Costs more to wait if interest rates don't go down.

What if they do and you can refi and get that $1000 credit from us that we talk about in this episode?

Suppose it goes down to 4%, the payment drops to $2,528 - the home price has been locked in and it will continue to grow in appreciation. You kept the $37,000 or so and get a lower payment. 

 Listen to find out more.