FirstBank Finances Affordable Workforce Condos in Glenwood Springs

While several affordable housing projects are in development, demand continues to grow. Habitat for Humanity Roaring Fork Valley (RFV) is committed to stabilizing the local workforce and helping essential workers build wealth through homeownership. That’s why Habitat RFV is partnering with FirstBank to convert the L3 Apartment Complex in Glenwood Springs, CO, to several ownership… Read More

9 Budget Improvements to Sell Your Home Faster

With the prime homebuying and selling season approaching, a 2023 analysis by property data provider ATTOM found homes sold in May net 12.8% more above a home’s market value. If you plan on selling this Spring, here are nine budget-friendly ways to help sell your home faster and for more money. 1. Stage your home… Read More

Forever Renting? Here’s What You Should Know

As purchasing a home has become more expensive than ever before, many Americans are now considering themselves forever renters with no plans to enter the housing market. According to research from Apartment List, 18% of millennial renters believe they will rent for the rest of their lives, which has steadily increased since 2018. This shift… Read More

14 Affordable Housing Developments Making a Difference   

As the housing market has become increasingly expensive and inaccessible for both renters and buyers — affordable housing opportunities are more important than ever. Recent Harvard Joint Center for Housing Studies data found 22.4 million renter households were spending more than 30% of their income on rent in 2022. That means half of the U.S.… Read More

6 Affordable Housing Resources You Should Know About

In recent years, the United States has seen a vast increase in the demand for housing due to population growth, low interest rates and a strong economy. But according to a recent “State of the Nation Housing” report, those economic tailwinds also led to increased home prices, record rates of housing unaffordability and cost-burdened renters.… Read More

Purchasing Your First Home? Here’s What You Need to Know

Buying a home is one of the biggest financial decisions you can make. While the process can seem intimidating, there are programs, resources and professionals ready to help you with the challenges of purchasing your first home. Here are some things to consider before buying and what you can expect from the process. Homeownership Can… Read More

You Paid Off Your Home: What’s Next?

Paying off a home is a monumental financial and life achievement — but it’s not the end of the road for homeowners. While you may not have to worry about mortgage payments or losing your home for financial reasons, there are still factors to think about to ensure your home is working as hard for… Read More

Mortgages That Make Money

We often think of homeownership expenses and rarely as something that can make us money, not in the future, but now. Today we’ll be looking at five ways that you can make your mortgage work for you. Find a roomie Renting out a spare room is one of the most common ways to earn income… Read More

How to Overcome the Biggest Obstacle to Homeownership

Raising enough cash for a down payment is often the biggest hurdle for homebuyers. According to some estimates, it can take up to 15 years for people to save towards the purchase of a home, especially with conventional mortgages, which require anywhere between 5 to 20 percent down. If you’re trying to buy a $400,000… Read More