In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):

 

When you continually hear how rates are hitting record lows, you may be wondering: Are they going to keep falling? Should I wait until they get even lower?

 

The Challenge with Waiting

 

The challenge with waiting is that you can easily miss this optimal window of time and then end up paying more in the long run. Last week, mortgage rates ticked up slightly. Sam Khater, Chief Economist at Freddie Mac, explains:

 

Mortgage…

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This holiday season, a Christmas tree from a remote part of western Colorado will glow in front of the U.S. Capitol in Washington, D.C. The residents of Jefferson were elated that the tree paid a visit to our town on its way to the Capital.

But first, it’s got to get there.

Resting in a giant cradle with a rubber bladder full of water secured snugly against its trunk, the Capitol Christmas Tree is touring its home state via big rig before heading east. The victory lap for the 55-foot-tall Engelmann spruce started Tuesday in the tiny town of Norwood, not far from Telluride, and will continue through Sunday. 

Denver and Grand Junction are on the itinerary, but most of the stops are scheduled for much smaller communities, including Ouray, Salida…

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  • Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.
  • To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way.
  • The best way to ensure your homebuying process is a positive one is to find a real estate professional who will guide you through every aspect of the transaction with ‘the heart of a teacher’ by putting your needs first.

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The Mosquito Range

 

The Mosquito Range (elevation approximately 14,000 ft) is a high mountain range in the Rocky Mountains of central Colorado in the United States. The peaks of the range form a ridge running north–south for approximately 40 miles (64 km) from southern Summit County on the north end, then along the boundary between Lake and Park counties. The ranges forms a high barrier separating the headwaters of the Arkansas River near Leadville from South Park and the headwaters of the South Platte River near Fairplay. The highest peak in the range is Mount Lincoln at an elevation of 14,286 ft. Other fourteeners in the range are Quandary Peak (14,272 ft), Mount Bross (14,172 ft), Mount Democrat (14,148 ft), and Mount Sherman (14,036 ft).

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Vacant Land

Dos and Don'ts of Buying Land

There are a number of reasons why someone would want to buy vacant land instead of a property. It’s cheaper, you can have more land per the amount of money you spend, and land usually appreciates in value over time. While buying vacant land is a common practice in rural areas, many first time buyers tend to make certain mistakes.

It’s important to familiarize yourself with the Dos and Don’ts of buying land in a rural area.

Do have a clear intent for purchasing land. If you are buying land to build a home upon it, your merits for good land would be different than if you were looking for land recreational enjoyment. You would look for its distance from main roads and public services. Whatever your reasoning to buy…

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The South Park pronghorn herd (PH-30) has the distinction as being the highest elevation herd within the state of Colorado. This herd is likely at the extent of the pronghorn's habitat range, occupying a high elevation (9,000-10,000 feet) grassland steppe ecosystem. It is a relatively small herd that has maintained around 1,000 animals in recent years, but has seen numbers as low as 300 in the early 1970s. This herd experiences periodic low recruitment rates and it is not uncommon to see pre-hunt fawn:doe ratios fall below 20: 100. Game damage issues in the past kept harvest high and the overall population well below 1,000 in the late 1980s and early 1990s. Extended periods of drought and severe winters appear to be limiting factors for this herd more…

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