Michael Phillip - Colorado Real Estate

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NAR Class Action Lawsuit

November 17, 2023 By Michael Phillip

Shifting Tides in Real Estate: The Impact of the $1.8 Billion Verdict Against NAR and Major Brokerages The real estate industry, long accustomed to its traditional structures, faces a seismic shift following a groundbreaking $1.8 billion verdict against the National Association of Realtors (NAR) and major brokerage firms. This decision from a recent NAR class… [Read More]

Homeownership Costs in Colorado

November 14, 2023 By Michael Phillip

Navigating the Unexpected: A Homeowner’s Guide to Unforeseen Costs in Colorado Purchasing a home is a significant milestone, but it often comes with surprises, especially when it comes to costs that aren’t always discussed upfront. As a Colorado real estate expert, I want to guide you through some of these unexpected homeownership costs in Colorado,… [Read More]

Understanding Real Estate Agent Compensation

November 6, 2023 By Michael Phillip

Understanding Real Estate Agent Compensation: A Comprehensive Guide Introduction If you’re a first-time homebuyer, you’re probably wondering about the various costs involved in purchasing a home. One of the key players in your home-buying journey is the real estate agent. But how do they get paid? In this blog post, we’ll delve deep into the… [Read More]

2-1 mortgage rate buydown

November 1, 2023 By Michael Phillip

How to Lower Mortgage Rates with a 2-1 Buydown: Your Key to Affordable Homeownership in Denver Introduction: Navigating High Mortgage Rates Feeling overwhelmed by the skyrocketing mortgage rates? You’re not alone. But here’s the silver lining: you can take charge of your mortgage rate with a 2-1 Buydown. This guide is designed to help all… [Read More]

Expert Home Buying Tips in Today’s Market

October 11, 2023 By Michael Phillip

Why Now is the Perfect Time to Buy a Home: Expert Home Buying Tips in Today’s Market I understand that the current real estate market can be intimidating, especially with soaring mortgage rates and limited inventory. However, I’m here to tell you that now may be the perfect time to buy, and I’ve got some… [Read More]

Golden Handcuffs

September 12, 2023 By Michael Phillip

Breaking Free from Golden Handcuffs: A Guide to Selling Your Home in Denver or Castle Rock Hey there, friends and neighbors! If you’re thinking of selling your home in Denver or Castle Rock, you’ve probably heard whispers about the “Golden Handcuffs” in real estate. It’s a term that’s causing quite a stir, and today, we’re… [Read More]

The Denver Housing Market Update – August 2023

August 15, 2023 By Michael Phillip

The Denver Housing Market – August 2023 The Denver metro housing market is showing signs of cooling down from its ultra-heated pandemic peak, according to the latest quarterly trends report from top local brokerage Your Castle Real Estate. As mortgage rates have surged, sales slowed over the past year. Price drops are beginning to materialize…. [Read More]

Homes in Castle Rock Under $600k

August 11, 2023 By Michael Phillip

Looking for homes in Castle Rock for under $600k? I’ve got you covered! With over 50 miles of trails, highly ranked schools, the famous Outlets at Castle Rock, and a charming downtown with amazing restaurants and bars, it is no wonder people are looking to move here! And with it being located against the foothills… [Read More]

First-Time Homebuyer Grant

July 24, 2023 By Michael Phillip

New $25,000 Down Payment Grant Could Help First-Time Homebuyers Buying your first home is a big deal! Saving up enough money for a down payment is often the hardest part. But a new bill called the Downpayment Toward Equity Act of 2023 is a first-time homebuyer grant with the aim of making things a little… [Read More]

Buying Real Estate In The Summer

July 12, 2023 By Michael Phillip

Why Buying in the Summer Is a Smart Move, Even with Higher Interest Rates When it comes to real estate, timing can be crucial. Many potential homebuyers hesitate to make a move when interest rates are higher, fearing it will strain their finances. However, buying a home during the summer, even with interest rates in… [Read More]

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