Your303Lending

09/20/2024

📣 AWESOME NEWS!!! 📣

For 2+ years the broker channel has been working nonstop to get support of the Trigger Lead Bill. For those that don’t know what this is, in short it would stop 100’s if not 1000’s of companies from incessantly contacting consumers unsolicited when they apply for a mortgage loan. Consumers deserve for their credit information to remain private and not shared.

I’ve been to DC twice to meet with Colorado House Representatives to gain their support of this bill, and many Colorado brokers have helped with outreach back here at home to continue to push for legislative support. It’s working!!

Here’sthe latest update and good news from Brendan McKay:

We got awesome news yesterday on the Trigger Lead Bill. It is officially an Amendment to the National Defense Authorizations Act (NDAA) in the Senate. The NDAA sets the military budget and is the only bill that passes annually. This is HUGE.

But we're not done yet. The House has already passed its version of NDAA, but Trigger Leads is not on it. What happens next is that both chambers go to the conference and agree on identical versions of the bill. WE NEED TO KEEP PUSHING TO MAKE SURE THIS LEGISLATION STAYS ON!

If you have not already done so, take 30 seconds to tell your member of Congress to support this legislation: https://qrco.de/beIYAK

But this is a huge milestone, and I'm incredibly proud of what's been achieved. Over the last two years, the [Broker Action Coalition](https://www.linkedin.com/feed/ #) has taken 211 meetings on the Hill to advocate for this legislation. And the work is showing results.

If you want to see more work like this, we need support. If you want Brokers to have proper representation in Washington, DC, this is your time to show you're willing to invest in making it happen. We feel that we've shown proof of concept, and it's time to step up.

Donate here: https://givebutter.com/lfROiX

By BROKER ACTION COALITION INC

02/04/2024

🏡JANUARY 2️⃣0️⃣2️⃣4️⃣ DENVER MARKET STATS🏡

⬆️ Mortgage purchase application data has surged, up 24% in January.

⬇️ Homebuyers on a $3,000 monthly budget gained nearly $40,000 in purchase power after mortgage rates dropped over 1%

↔️ This month’s big news is that the Fed did not adjust interest rates. As a result, we most likely will not see an adjustment until the Spring at the earliest.

➡️ Buyers are back in the market but aren’t necessarily ready to get off the fence

⬆️ Buyer activity in the Denver Metro area for single-family homes under $600,000 picked up drastically in mid-January. Homes listed over the holidays, which saw little to no attention, experienced a sudden pick-up in showings and many new listings received multiple offers.

🤔 The Spring selling season will likely be strong this year due to pent-up demand and more favorable lending terms. Trying to time the market for lower interest rates before the market heats up may result in buyers paying more in the long term if they find themselves in a bidding war.

Commentary provided by Libby Levinson- Katz, DMAR Market Trends Committee + Realtor

07/14/2023

📊June 2023 Denver Market Stats📊

😎 With record rain + hailstorms across Colorado, the Denver real estate market was still moving. Buyers are selective when negotiating for their perfect home as rates hover over 7% + construction costs continue to rise. New listings are ⬆️ 16.11% month-over-month, ⬆️ 0.21% year-over-year, the highest the market has seen since 2020.

😎 With growing inventory + activity starting to slow, the Denver market is starting to level out. The median price is up from $593,000 in May to $600,000 in June, which is close to where It was this time last year at $611,850.

😎 The influence the current mortgage rates on the housing market is ever so present as rental rates for would-be-buyers are still attractive. Hopefully we are on the trajectory for the rates to start declining? 🤞

😎 With buyer activity slowing + inventory growing, what does that mean for sellers? Take a deep breath + be patient! It may take a bit more time for your home to sell as buyers are not rushing to make a decision. 🐢

Commentary provided by Libby Levinson- Katz, DMAR Market Trends Committee + Realtor



Steph Christianson

03/15/2023

📊February 2023 Denver Market Stats are in!📊

Here are some of our takeaways from DMAR's Market Insights report:

🏡 Sellers continue to reduce listing prices or offer rate buydowns to attract more Buyers
🏡 Contingent offers are becoming increasingly common
🏡 Despite higher interest rates, the spring homebuying fever is setting in already, with multiple offers on homes priced under $600k, and over $1M
🏡 Homebuyers using FHA-insured mortgages can now save ~$1700/yr in mortgage insurance premiums on Denver's median priced homes
🏡 VA homebuyers are getting their discount as well, saving ~$850 up-front with a new lower funding fee on Denver's median priced homes

02/17/2023

🫶 Today is “Random Acts of Kindness” day! Has someone randomly done something kind for you today? Here’s some fun ideas to pay kindness forward:

1) Pay for the order for the person in line behind you at the drive thru
2) Shovel the snow away from your neighbor’s mailbox
3) Leave your server a 100% tip and write a kind note on the receipt
4) Leave an awesome Google review for one of the businesses you are a frequent patron of
5) Ask a coworker if there is anything you can help them with for 20-30 minutes to help them get out the door early today
6) Write a handwritten “just thinking about you” card to someone you haven’t connected with in a while
7) Share a funny movie recommendation with a friend who’s had a tough week
8) Pay a compliment to a stranger
9) Door Dash an order of chicken noodle soup for someone who is under the weather
10) Give a social media shout out to a friend who is growing a new business

02/11/2023

🏡 Before you start searching for a mortgage loan online, reach out to a local mortgage broker first. Why you ask?

1. Support a local business in your community
2. When you support a local business, you're helping to feed and nourish your neighbors as well - putting your business into the hands of our community.
3. Mortgage brokers have access to multiple lenders to find the best rate and best product for YOUR individual needs
4. You can meet in-person and build a relationship of trust

Whether you are a first-time homebuying newbie, or an experienced homebuying professional, we are here to help and serve you in the way that best suits YOU! We can't wait to meet you soon! 💛

02/03/2023

📊 January 2023 Stats are in for the Greater Denver Real Estate Market 📊

"Buyers are back in the market with bidding wars being reported again, much to the delight of sellers. Sellers who held off listing their homes over the holidays were eager to get their homes listed to kick off the New Year right, with new listings increasing 65.20%.

Denver area home prices have not been impacted all that much because, at the end of the day, we still have an inventory problem. The sweet spot in the market continues to be the $500,000 to $749,999 price range.

The last few years have been record-breaking, but as our market stabilizes it's important to look at how 2023 compares to 2019, hence removing the anomaly of how COVID-19 affected or local market.

Homes may not sell in the the first weekend, or even the first 30 days, but they are selling and prices are strong." - written by Libby Levinson-Katz, Chair of the DMAR Market Trends Committee

01/21/2023

5️⃣ Reasons to Use a Local Lender!

GREAT RELATIONSHIPS - we are connected to some really great local Realtors, title companies, and insurance agents, and together we're all here to give you the best homebuying experience!

EASE OF ACCESS - we're in your time zone, we're in your community, and our door is always open if you want to stop in and say hello!

REPUTATION - we pride ourselves on the majority of our business coming from referrals and repeat customers, so it is so important to us that we deliver excellent service every time!

STAY LOCAL - supporting local businesses in our own community is so vital and so important to the economic growth and employment opportunities in our neighborhoods!

LOCAL EXPERTISE - as fellow residents of our community, we have a front row seat to what is happening in our local economy, how our local real estate market is doing, and how property values are performing.

We're proud to have roots in Colorado + in Texas, and we're so grateful to have the opportunity to work with so many of our friends + neighbors in our own community. Thank you for supporting us!

01/03/2023

🏡 Are you wondering what it will take to get into a new home this year? Or maybe how to get your first investment property? Are you hoping to start the buying process feeling confident and prepared?

We are continuing our education series in the new year! We can’t wait to answer all your questions and maybe teach you something new too, so keep an eye out for details on the next event!

💛

12/25/2022

Wishing you a very merry Christmas full of peace, love + joy ✨🎄✨

12/23/2022

Need last minute gifts? Shop local at Makers Market! With two locations in Littleton + Lone Tree, Makers Market is your one stop shop for finding incredibly unique + fun gifts from multiple local vendors.

MAKERS MARKET

Southwest Plaza
8501 W Bowles Ave.
Littleton, Colorado 80123
303-522-6926
Hours: Daily 11-6

Park Meadows
8401 Park Meadows Center Dr.
Lone Tree, Colorado 80124
303-525-8566
Hours:
Monday -Thursday 11am-8pm
Friday – Saturday 10am-8pm
Sunday 11am-6pm