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The Burgess Group Blog & Weekly Market Updates

Trade-Up Buying on the Rise

Trade-Up Buying on the Rise

October 7, 2013

According to mortgage technology company FNC, rising home equity is allowing many buyers to trade-up.Nationally, the foreclosure market is close to pre-crisis levels. The glut of foreclosure inventory…

How Low Can They Go? Mortgage Rates Limbo Lower

How Low Can They Go? Mortgage Rates Limbo Lower

October 7, 2013

Unexpected win for both buyers and sellers: mortgage rates have dipped under the proverbial limbo bar again. The Federal Reserve surprised pundits last month by continuing their bonds and mortgage-bac…

Indoor RE Tour On Your Phone?

Indoor RE Tour On Your Phone?

September 27, 2013

According to RE technology afficionado Joel Burslem, property pricing insights may soon be popping up on our handsets when we walk close to for -sale properties. Burslem also posits a new, better way…

Jamestown CO Needs Our Help.

Jamestown CO Needs Our Help.

September 27, 2013

Jamestown, CO, favorite stopping place for Boulder cyclists, floated away in the recent Colorado flood. Whole houses washed away. Additionally, the city infrastructure is gone.Jamestown plans to rebui…

%@$^ YES!  I'll take LOWER Mortgage Rates!

%@$^ YES! I'll take LOWER Mortgage Rates!

September 25, 2013

Continuing the bond-buying Federal Reserve policy has had a positive impact on mortgages and refinances. Borrowers can expect better rates for about one month. After that, rates will depend on the cou…

Buyers and Sellers: How Will Upcoming Mortgage Rates Affect YOU?

Buyers and Sellers: How Will Upcoming Mortgage Rates Affect YOU?

September 23, 2013

Interest Rates are likely to hold steady or drop a bit, as a result of the fed continuing its bond buying program. Ben Bernanke continued the program, saving buyers from a mortgage rate spike. A chang…

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