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As we navigate the turbulent waters of the financial landscape, it seems the government is once again stumbling through its economic playbook like a well-intentioned but hopelessly inept referee. Let us break down the latest developments with a touch of dry humor: The Job Market: A Comedy of Missed Opportunities Job Growth Fiasco: U.S. businesses managed to create a pitiful 99,000 new jobs in August, according to ADP. This is the smallest bump since 2021, and it turns out that even the most optimistic economist was only half-wrong with their forecast of 140,000. It is almost as if the job market decided to take a nap while everyone else was still working. The Federal Reserve’s Big Play: With the job market cooling faster than a soda left out in the winter, the Federal Reserve is expected to cut interest rates at their next meeting. Of course, this is their way of trying to breathe some life into an economy that seems to be playing dead. Construction and Mortgages: A Tumbleweed of Discontent Interest Rates and the Construction Meltdown: High-interest rates are dragging construction spending down faster than a kid with a sled on a steep hill. Both new home and commercial property construction are experiencing declines. It is almost as if builders are saying, “Forget it; I’d rather build a sandcastle.” The Mortgage Industry’s Woes: Mortgage lenders are caught in a vice of tight credit conditions, struggling to expand their portfolios. It is a bit like trying to squeeze toothpaste back into the tube. Mortgage Bonds and Supply: The Government’s Wild Ride Mortgage Bonds’ Unexpected Star Turn: Despite August’s reputation as a slow month, mortgage bonds have been performing surprisingly well. It is like finding a gourmet meal in a gas station. The Treasury curve has been behaving itself, and market volatility is under control. The Supply Surge: August saw a hefty increase in mortgage-backed securities (MBS) supply to $109.8 billion. Even in a slow month, the government has managed to churn out some impressive numbers—unintentionally, of course. Homebuyers: Record Down Payments and All-Cash Shenanigans Down Payment Records: The average down payment hit a record $67,500 in June. This is a nearly 15% increase from the previous year. It seems buyers are now channeling their inner high rollers, even though the home prices are not exactly rolling downhill. All-Cash Sales Extravaganza: Nearly a third of home sales are now all-cash transactions. It’s as if homebuyers are saying, “Why bother with mortgages when you can just throw down a pile of cash?” Probably because they are tired of waiting for the government to figure out what it’s doing. Economic Data: The Government’s Crystal Ball Gazing Initial Jobless Claims: The initial jobless claims came in at 227,000, close to forecasts and marking an eight-week low. Companies are avoiding layoffs as if they’re allergic to the idea. Meanwhile, the government might be trying to interpret these claims as a sign that everything is just peachy. Upcoming Reports: Tomorrow’s Non-Farm Payrolls report will be watched with bated breath. If last month’s report was any indication, it could spark a fresh wave of recession fears and market chaos. The government’s predictions are about as reliable as a weather forecast in a hurricane. Treasury Yields and Bond Pricing: The Market’s Mood Swings Yields on a Roller Coaster: Early today, bond pricing improved as Treasury yields slid lower, thanks to the weak ADP job report. The 10-Year Treasury yield is currently at 3.729%, down from 3.755%. It’s like watching a soap opera where the characters keep changing their mind every episode. While the job market takes a nap, construction and mortgage industries flail, and the government continues its game of economic roulette, mortgage-backed securities are showing unexpected resilience. Contribution By our Lending Partners @ American Pacific Mortgage Corporation: Levi Pollack | Mortgage Loan Originator NMLS: 1749086 | NMLS: 1850 | Licensed in CO, MA, PA, MI p (720) 454-6331 | f (719) 466-2198 [email protected] Oh, by the way, if you know of someone thinking of buying or selling a home who would appreciate the level of service we provide, please call us with their name and contact information. As always, thank you for your business and continued support!

As the leaves begin to change and temperatures drop, fall brings a unique set of challenges and opportunities for landlords in Colorado. Whether you own a single rental property or manage multiple units, staying on top of seasonal maintenance, market trends, and tenant concerns is essential for maximizing the value of your investment. Fall 2024 presents some specific factors Colorado landlords should be aware of to ensure their properties are well-maintained, compliant with new regulations, and attractive to tenants. Here’s what landlords need to know this season. Seasonal Maintenance for Fall Fall in Colorado can be unpredictable, with everything from mild, sunny days to early snowstorms. This means landlords must be proactive in preparing properties for colder weather and the coming winter months. HVAC and Heating Systems: Ensure all heating systems are functioning efficiently by scheduling routine inspections and maintenance. Colorado’s dry climate can affect heating systems, and with colder nights approaching, tenants will rely heavily on these systems. Replacing air filters and checking furnaces now will prevent costly repairs later. Gutter Cleaning and Roof Inspections: With leaves falling, gutters can quickly become clogged, leading to water damage. Make sure gutters and downspouts are clear and functioning properly. Additionally, inspecting roofs for missing shingles or cracks can prevent leaks when snow arrives. Winterization of Exterior Elements: If your property has outdoor faucets, hoses, or sprinkler systems, now is the time to drain and disconnect them to avoid freezing and pipe bursts. Consider providing tenants with reminders or instructions for simple steps they can take to prepare the property for winter. Lawn and Landscaping Care: Fall is the perfect time to trim trees and shrubs, particularly if there are overhanging branches near the house or power lines. Lawn aeration and fertilization can help ensure a healthy lawn when spring returns. Keep an Eye on the 2024 Rental Market Trends The Colorado rental market in 2024 has seen fluctuating trends, with some areas experiencing increased demand, while others are stabilizing. Here’s what landlords need to keep in mind this fall: Rising Rental Demand in Suburban Areas: With continued remote and hybrid work trends, more tenants are seeking suburban living with more space. As a landlord, you can leverage this by highlighting the benefits of your properties in these areas—such as access to parks, larger living spaces, and quiet neighborhoods—especially for families. Urban Areas: Competitive Pricing and Amenities: In more urban markets like Denver and Boulder, competition remains high. Landlords in these regions may need to offer incentives to attract tenants, such as including utilities, offering a month of free rent, or investing in property upgrades like energy-efficient appliances and modern finishes. Affordability Concerns: Colorado’s rising cost of living has made affordability a key issue for many tenants. Landlords should be aware of these financial pressures and consider flexible leasing terms or slight adjustments to rent increases to retain quality tenants and reduce vacancy rates. This also aligns with recent legislative efforts to protect tenants from sudden, steep rent hikes. Colorado’s Legislative and Regulatory Updates 2024 has brought several important legislative changes that landlords in Colorado should be aware of. Understanding these regulations will help you avoid legal issues and maintain positive relationships with tenants. Security Deposit Limits and Timelines: Colorado law continues to require landlords to return security deposits within 30 days after a tenant moves out, unless otherwise stated in the lease (with a maximum of 60 days). However, recent discussions have emerged about strengthening tenant rights around security deposits, so staying informed about any upcoming changes will be essential for compliance. Notice Period for Rent Increases: Landlords must give tenants at least a 60-day notice for rent increases in Colorado. As the rental market evolves, keeping tenants informed and providing clear communication can help avoid disputes. Eviction Moratorium Status: While Colorado’s eviction moratoriums enacted during the pandemic have ended, the state has seen an increase in tenant protections. Make sure to follow the proper legal procedures when dealing with evictions, and consider mediation or alternative dispute resolution methods when issues arise. Sustainability Requirements: There is growing pressure on landlords to invest in eco-friendly upgrades, especially in Boulder and Denver. These cities have implemented stricter energy efficiency requirements for rental properties, including weatherization and energy audits. Fall is a good time to make necessary improvements, as energy-efficient properties not only comply with regulations but are also more attractive to tenants. Preparing for the Winter Leasing Season Fall marks the start of the slower winter leasing season, which can make it challenging to fill vacancies. However, by being proactive, landlords can still find quality tenants during this time. Flexible Lease Terms: Offering shorter leases that end in the spring or summer can be more appealing to tenants who may not want to commit to a long-term lease during the winter months. This also positions you to re-list the property during the busier rental season when demand is higher. Offer Incentives: Consider offering move-in discounts or reduced rent for the first month to attract tenants during this slower season. This can help fill vacancies quickly and keep rental income steady. Highlighting Winter Amenities: If your property includes features like a fireplace, insulated windows, or proximity to ski resorts, now is the time to highlight these perks in your marketing. Tenants in Colorado often prioritize warmth and comfort as winter approaches, and showcasing these features can help you stand out in the market. Communication with Tenants: Proactive and Clear Maintaining open lines of communication with tenants is always important, but it’s especially critical during fall when both parties need to prepare for winter. Remind tenants of essential steps like: Keeping windows and doors properly sealed to prevent drafts. Report any heating or plumbing issues as soon as they arise. Adhering to snow and ice removal responsibilities as outlined in the lease. Consider sending a fall checklist to tenants with reminders on these tasks. This proactive approach can prevent small problems from becoming bigger (and more expensive) issues as winter approaches. Emergency Preparedness Colorado’s fall weather can be unpredictable, with sudden snowstorms or wind events. Ensuring your rental property is prepared for emergencies is key. Winter Storm Preparation: Provide tenants with information on how to prepare for early winter storms, including emergency contacts, location of water shut-off valves, and recommendations for staying safe during power outages. Snow Removal Plans: Ensure your snow removal contractor or plan is in place before the first major snowfall. Colorado law requires the timely removal of snow and ice from sidewalks to avoid penalties and to keep tenants safe. Conclusion Fall 2024 brings a host of opportunities and challenges for landlords in Colorado. From preparing your properties for the changing season to navigating new regulations and market trends, staying informed and proactive will help ensure a successful rental season. By focusing on maintenance, tenant communication, and market positioning, landlords can safeguard their investments and keep tenants satisfied throughout the colder months. Discover the Trinity Team Difference in Real Estate Services. We are your trusted partners in ALL things Real Estate. Contact us today to learn how our team can assist with ALL of your real estate needs. As always, thank you for your business and continued support!

September Home Maintenance Checklist for Colorado Homeowners As summer winds down and the crisp autumn air approaches, September is the perfect time to focus on home maintenance tasks to prepare your Colorado home for the colder months ahead. The unique climate in Colorado, with its fluctuating temperatures and early frosts, means that homeowners need to be proactive in addressing both exterior and interior maintenance before winter arrives. Here’s a guide to the essential home maintenance tasks to tackle in September. 1. Clean and Inspect Gutters and Downspouts Colorado often experiences heavy snowfall and rapid melting during the winter, which can lead to water damage if gutters and downspouts aren’t in good condition. In September, clear out any debris, leaves, or twigs that may have accumulated during the summer. This will ensure that rainwater and melting snow can flow freely away from your home’s foundation. Tip: While cleaning, check for any signs of damage such as rust, loose sections, or leaks, and make necessary repairs. Consider adding gutter guards to reduce the frequency of cleaning. 2. Service Your HVAC System Before the cooler weather hits, it’s essential to have your HVAC system inspected and serviced. September is an ideal time to change out your furnace filters and schedule a professional tune-up to ensure your heating system is running efficiently when you need it most. Tip: Colorado’s dry climate can take a toll on HVAC systems. Consider adding a humidifier to improve indoor air quality and reduce wear on your system. 3. Seal Windows and Doors As temperatures begin to drop in the evenings, it’s important to ensure your home is properly sealed to prevent drafts and energy loss. Inspect the weather stripping around doors and windows and replace any worn or damaged areas. Caulk any gaps around window frames or siding to improve insulation and reduce heating costs during the colder months. Tip: A quick DIY test to check for drafts is to hold a candle or piece of tissue near windows and doors on a windy day. If the flame flickers or the tissue moves, it’s time to seal up those gaps. 4. Inspect the Roof and Chimney With Colorado’s unpredictable weather, September is the perfect time to inspect your roof for damage. Look for any cracked or missing shingles and repair them to prevent leaks during the snow season. Also, inspect the chimney for any blockages, cracks, or debris. If you plan to use your fireplace this winter, schedule a chimney sweep to clean out soot and creosote buildup, reducing the risk of a fire hazard. Tip: If your roof is older or you notice significant damage, it may be time to consult a roofing professional for repairs before winter snow puts additional stress on the structure. 5. Drain and Store Outdoor Hoses Colorado’s cold temperatures can sneak up quickly, sometimes resulting in an early frost. Before freezing temperatures arrive, drain and disconnect all outdoor hoses to prevent pipes from freezing and bursting. Consider installing frost-proof outdoor faucets or covering hose bibs with insulated covers. Tip: As you store hoses, inspect them for any damage that may have occurred during the summer. If they’re cracked or worn, now is a good time to replace them before next year’s gardening season. 6. Lawn and Garden Care While it may seem like the growing season is coming to an end, September is a great time to care for your lawn and garden to ensure they’re ready for next year. Fertilize your lawn in early fall to encourage strong root growth before winter. Trim back overgrown bushes, trees, and shrubs to keep them healthy and prevent damage during snowstorms. Tip: Aerating your lawn in September helps reduce soil compaction and allows water, nutrients, and air to reach the roots more effectively. This can lead to a healthier, greener lawn in the spring. 7. Test Smoke and Carbon Monoxide Detectors With the heating season around the corner, it’s critical to ensure your home’s smoke and carbon monoxide detectors are in good working order. Replace batteries and test each unit to ensure they are functioning properly. Colorado winters mean more time indoors with heating systems running, which increases the risk of carbon monoxide buildup. Tip: Consider installing additional detectors near bedrooms and common areas to provide extra protection throughout the house. 8. Clean and Organize the Garage As you prepare to store summer tools and equipment, September is the perfect time to clean and organize your garage. Make room for snow shovels, winter sports gear, and other seasonal items you’ll need in the coming months. Store lawnmowers, gardening tools, and outdoor furniture in a safe, dry place to avoid damage from cold weather. Tip: Inspect your garage door’s weather stripping to ensure a tight seal and prevent cold air from entering the garage. Lubricate the moving parts of the door to keep it running smoothly through the winter. 9. Winterize Sprinkler Systems Colorado’s early frosts can catch homeowners off guard, so it’s essential to winterize your sprinkler system in September. Drain and blow out your irrigation system to prevent water from freezing inside the pipes, which can lead to costly repairs. Tip: If you’re unsure how to properly winterize your sprinkler system, consult a professional to avoid damaging your system. 10. Prepare Your Deck or Patio September is an excellent time to clean and inspect your deck or patio for any needed repairs before winter. Sweep away dirt, leaves, and debris, and power wash the surface to prevent mold or mildew buildup. Consider applying a protective sealant to wooden decks to shield them from snow, ice, and freezing temperatures. Tip: If you have outdoor furniture, now is the time to clean and store it in a dry place or cover it with weather-resistant covers to prevent damage. Conclusion September is a transitional month in Colorado, making it the ideal time to tackle home maintenance tasks that will protect your property from the harsh winter months. By addressing these items now, you’ll ensure your home remains safe, energy-efficient, and comfortable as the temperatures begin to drop. Taking a proactive approach to home maintenance will save you from costly repairs down the road and help you enjoy the beauty of fall in Colorado without worry. Discover the Trinity Team Difference in Real Estate Services. We are your trusted partners in ALL things Real Estate. Contact us today to learn how our team can assist with ALL of your real estate needs. As always, thank you for your business and continued support!

This month has been anything but thrilling in the world of the Federal Reserve. (That is sarcasm, by the way.) The Federal Open Market Committee (FOMC) meetings are pivotal for shaping our economic landscape. They determine the direction of monetary policy, which in turn impacts interest rates, inflation, and overall economic growth. Last month, inflation was described as “slowing,” and this month, it remains on the same trajectory. This gradual deceleration has been deemed significant enough that Jerome Powell has suggested that rate cuts are on the table for September’s meeting. Futures markets currently indicate a 60% chance of further rate reductions in November, with similar odds for potential improvements around the holiday season. Despite the possibility of a rate cut being on the table for September, Powell emphasized that any Fed actions will depend on whether inflation remains controlled and if the economy stays relatively stable throughout the year. With the hint of a rate cut right before the U.S. presidential election, there is a question of whether the Fed can maintain its apolitical stance. For the health of our economy, the Fed must adhere to its commitment to avoiding political influence. If political motives were behind an early rate cut, the current struggles with inflation and tight budgets could persist longer than necessary. I apologize for the slight delay in this update, but it was worth the wait! As the saying goes, “Bonds continue to rally.” One of my sources recently noted, “The US 10-Year Treasury yield is at 4.021%, just below the open at 4.055%. We could soon see a 3-handle 10-year yield, a level not seen since late January.” For those unfamiliar with the term, a “3-handle 10-year yield” simply means the 10-year Treasury bond yield begins with a 3—like 3.25%, 3.78%, or 3.01%. Why is This Important? The 10-year Treasury yield is closely monitored by investors as it often serves as a benchmark for interest rates across the economy. What Does It Impact? Stock Market: Higher yields can exert downward pressure on stock prices as investors may shift their money from stocks to bonds. Mortgage Rates: Mortgage rates generally move in line with Treasury yields, so a higher 10-year yield can lead to increased mortgage rates. Economic Outlook: The shape of the yield curve can offer insights into economic growth expectations. From what we just discussed, the Fed’s actions and the movement of Treasury yields are critical indicators of broader economic trends. For real estate investors and homebuyers, keeping an eye on these developments is essential. Understanding how interest rates and inflation influence the market can help you make informed decisions in a fluctuating economic environment. Contribution By our Lending Partners @ American Pacific Mortgage Corporation: Levi Pollack | Mortgage Loan Originator NMLS: 1749086 | NMLS: 1850 | Licensed in CO, MA, PA, MI p (720) 454-6331 | f (719) 466-2198 [email protected] Oh, by the way, if you know of someone thinking of buying or selling a home who would appreciate the level of service we provide, please call us with their name and contact information. As always, thank you for your business and continued support!

The recent economic data has brought a wave of optimism, particularly in the realm of commercial real estate (CRE). The economy’s unexpected growth of 2.8% in the second quarter of 2024, far exceeding the projected 1.9%, is sending positive ripples through the commercial real estate market. This robust performance offers promising signals for CRE investors, developers, and stakeholders, even amid the Federal Reserve’s restrictive interest rate policies. A Resilient Economic Climate Boosts CRE The second quarter’s stronger-than-expected growth is a testament to the economy’s resilience. For commercial real estate, this translates into several key benefits: Increased Demand for Commercial Space: The impressive consumer spending and robust business investment suggest that businesses are thriving and expanding. As companies grow, their need for office space, retail locations, and industrial facilities generally increases. This heightened demand can drive up occupancy rates and rental income for commercial properties. Retail Sector Revival: Consumer spending on durable goods, including furniture and automobiles, grew by 4.7% in Q2, signaling a revival in retail activity. This uptick is likely to benefit retail real estate, as higher consumer spending can lead to increased foot traffic and sales for retail tenants. Landlords of shopping centers and high-street locations may see improved rental yields and reduced vacancy rates. Resilience in Business Investment: With business investment remaining strong, companies are likely investing in new facilities, expanding existing ones, or upgrading their infrastructure. This creates opportunities for commercial real estate development and leasing, particularly in sectors such as logistics and industrial real estate, where businesses are expanding their supply chain capabilities. Implications for Different CRE Sectors Office Space: Despite ongoing shifts in work patterns, the strong economic growth might lead to renewed interest in office space. Businesses expanding their operations or adopting hybrid work models may seek flexible and modern office environments to accommodate their needs. Retail Properties: The solid performance in consumer spending can revitalize the retail sector. Shopping centers and retail spaces could benefit from increased demand, particularly if consumer confidence and spending continue to rise. Industrial and Logistics: The significant growth in business investment and consumer spending likely fuels demand for industrial and logistics properties. With e-commerce booming and companies needing to streamline their supply chains, there’s strong potential for growth in warehousing and distribution centers. Financing and Investment Considerations While the Federal Reserve’s high interest rates might have initially posed challenges for financing commercial real estate projects, the recent economic performance could mitigate some of these concerns. Investors and developers might find more attractive opportunities for financing and investment as the economic outlook brightens. However, it’s essential to remain cautious. High interest rates can still impact borrowing costs and influence investment decisions. CRE professionals should stay informed about both macroeconomic trends and local market conditions to make well-informed decisions. Looking Forward The unexpected economic growth in Q2 provides a boost to the commercial real estate sector, signaling potential opportunities for increased demand and investment. As businesses expand and consumer spending remains robust, commercial real estate stands to benefit from a rejuvenated economic environment. For stakeholders in the commercial real estate market, this positive data presents an opportune moment to explore new projects, attract tenants, and capitalize on growth trends. While vigilance regarding interest rates and market shifts is necessary, the current economic climate offers a favorable backdrop for CRE expansion and investment. If you know someone who is looking to sell or buy a property, or needs leasing services. Please call or email us with their information, and we’ll take good care of them! As always, thank you for your business and continued support!

When considering investment options, real estate offers a prominent avenue. Real estate investments provide tangible assets, potential rental income, and tax benefits, along with the opportunity for property value appreciation. Below is a list of advantages of investing in real estate: Income Generation: Steady rental income from tenants. Appreciation: Property values typically increase over time, allowing for potential capital gains. Tax Advantages: Deductions on mortgage interest, property taxes, and depreciation can reduce taxable income. Hedge Against Inflation: Property values and rents generally rise with inflation, preserving purchasing power. Leverage: Using borrowed money to purchase property can amplify returns. Control Over Investment: Direct management and decision-making regarding the property. Diversification: Adds variety to an investment portfolio, balancing risk. Equity Build-Up: Mortgage paydowns increase property equity over time. Retirement Income: Provides a stable income source or a valuable asset for retirement. Tangible Asset: Physical property that can be used, leased, or improved. These benefits make owning an investment property a potentially lucrative and strategic investment choice. Contact us today for additional information! Check back next month for Part 2 Contribution by: Terri Thompson Director of Residential Operations / Broker Associate / Agent Recruiter Trinity Team Real Estate [email protected] If you need more information about selling or Buying Residential Real Estate, contact the Trinity Team. Or, if you know someone who is looking to rent, sell, or buy a property, please call or email us with their information, and we’ll take good care of them! As always, thank you for your business and continued support!

When it comes to selling real estate, first impressions matter—a lot. And that’s where curb appeal plays a crucial role. Curb appeal refers to the attractiveness of a property from the street view, and it can make a significant difference in how quickly you sell your home and at what price. Here’s why it’s so important and how it can impact your sale. 1. Making a Strong First Impression Imagine a potential buyer driving up to your home for the first time. What do they see? Curb appeal sets the tone for the entire viewing experience. A well-maintained exterior, tidy landscaping, and an inviting entryway can instantly captivate buyers and make them eager to see more. On the other hand, a neglected exterior can turn buyers away before they even step inside. 2. Increasing Property Value Investing in curb appeal isn’t just about attracting buyers—it’s also about maximizing your home’s value. Homes with attractive exteriors tend to appraise higher and often sell for more than similar properties with less curb appeal. Simple upgrades like fresh paint, a manicured lawn, and updated fixtures can yield a significant return on investment. 3. Faster Sale Times In a competitive real estate market, homes with strong curb appeal typically sell faster. Buyers are more likely to schedule viewings and make offers on homes that look well-maintained and cared for. This can reduce the amount of time your property spends on the market, saving you both time and money. 4. Differentiating Your Property Curb appeal can also help your home stand out from the competition. In a neighborhood with several homes for sale, a striking exterior can grab buyers’ attention and make them prioritize your property over others. This is especially important in areas where homes may have similar interiors or floor plans. 5. Creating Emotional Appeal Beyond aesthetics, curb appeal can evoke positive emotions in potential buyers. A charming front porch or a beautifully landscaped garden can create a welcoming atmosphere and help buyers envision themselves living in the home. Emotion plays a significant role in the home-buying process, and curb appeal can leverage that emotional connection. Tips for Enhancing Curb Appeal Now that you understand the importance of curb appeal, here are some practical tips for enhancing it: Clean and Declutter: Remove any clutter from the yard and keep pathways clear. Landscaping: Trim bushes, mow the lawn, plant flowers, and add mulch for a polished look. Exterior Maintenance: Repair any cracked sidewalks, paint faded trim, and clean windows and gutters. Lighting: Install outdoor lighting to highlight architectural features and improve safety. Entryway: Upgrade your front door, add a welcoming doormat, and consider potted plants or seasonal decorations. Investing time and resources into enhancing your home’s curb appeal can pay off handsomely when it’s time to sell. Remember, the goal is to make potential buyers fall in love with your home from the moment they arrive. By doing so, you’ll not only attract more interest but also increase your chances of achieving a quick and profitable sale. This covers why curb appeal matters in real estate sales and offers actionable tips to improve it, ensuring sellers understand its importance and how it can impact their properties’ marketability. Contribution by: Joe Chavez Residential Broker Associate Trinity Team Real Estate [email protected] If you need more information about selling or Buying Residential Real Estate, contact the Trinity Team. Or, if you know someone who is looking to rent, sell, or buy a property, please call or email us with their information, and we’ll take good care of them! As always, thank you for your business and continued support!

I feel like reminiscing about the first time I was financially stable enough to contribute to my 401k. Some may remember this day themselves, some may not, whatever. First thing I did was call someone smarter than me when making this decision, my CPA. I truly had no idea what the right answer to my contribution was, pre-taxed or not taxed contributions? His response did not click with me at the time, but I trusted him completely because of his experience and knowledge of things I had yet to experience. He said, Don't try to guess where taxes will be in the future. How is this relevant to the economy? The middle to end of June had data trends in the right direction for inflation to the point that the feds were reviewing made them feel good and instantly thoughts about possibly lowering rates late in the year by 25 bps! Whoa, we have not heard anything directly implying decreasing rates since the end of February. Even at that time, you could tell they were just trying to buy our attention, could be March, could be June, or wait, maybe May, to not happen this year! (I got dizzy just writing that sentence.) Fast forward, the last week of June, more housing data was provided to shed light on what we are all watching under a magnifying glass. On June 24th, the Federal Reserve is likely to keep raising interest rates to fight inflation. (Fast forward one day)On June 25th, the data below is released: Home prices in America are still hitting record highs! There just isn't enough inventory. But the price hikes are also slowing. Silver lining to that, home prices are increasing more slowly than the month before. Other important data: Consumer spending grew more slowly Notes on this say it could help bring down inflation, but am I the only one who still reads grew? U.S. National Home Price NSA Index All kidding aside with my grow joke, we do have multiple positive trends of slowdown in the market, which in the long run is how inflation is curbed and eventually leads to what we all want, lower rates, so we can go spend our fun money again. Investors are looking at the big picture. If economic data continues to reflect a slowdown, then interest rates MIGHT (not will) be cut later this year. Bringing this back around to the beginning, when I mentioned my CPA's response to me. Don't try to guess where things will be. You don't have to be a CPA, an Accountant, a Financial Advisor, or a Real Estate Professional to see what is in front of us all. Home prices are still hitting record highs. New home sales are still up even though they've been dropping overall. San Diego saw the biggest jump in home prices this month, while Portland saw the smallest. If you have the means and can qualify, I would not recommend sleeping on the thought of expanding your real estate portfolio or even just buying your first home. Do not, however, neglect being cautious when making a real estate investment. I am going to leave you on this last note: Inflation means the dollar you made yesterday does not hold the same value today. So, if prices continue to climb, no matter how slowly, and your dollar is becoming worth less and less, how likely is it that if, and when, rates drop that you can still afford the same house? Contribution By our Lending Partners @ American Pacific Mortgage Corporation: Levi Pollack | Mortgage Loan Originator NMLS: 1749086 | NMLS: 1850 | Licensed in CO, MA, PA, MI p (720) 454-6331 | f (719) 466-2198 [email protected] Oh, by the way, if you know of someone thinking of buying or selling a home who would appreciate the level of service we provide, please call us with their name and contact information. As always, thank you for your business and continued support!

A Vacation Home is a great place to build memories and can be passed down to future generations. In a world that moves at an increasingly rapid pace, finding moments of tranquility and connection with loved ones becomes invaluable. One of the most cherished ways to achieve this is through owning a vacation home - a haven away from the hustle and bustle of everyday life. More than just a property, a vacation home represents a legacy, a place where memories are etched into its walls and landscapes, and where bonds are strengthened across generations. Creating Lasting Memories Imagine waking up to the sound of waves crashing on the shore, or the crisp mountain air filling your lungs as you step outside into the untouched wilderness. These are the experiences that a vacation home can offermoments of pure joy and relaxation that stay with you long after you've returned to your daily routine. Vacation homes often become the backdrop for family gatherings, where grandparents, parents, children, and grandchildren come together to share stories, laughter, and meals. Whether it's a cozy cabin nestled in the woods or a beachfront retreat with panoramic views, these spaces have a unique ability to foster closeness and create lasting memories. A Legacy for Future Generations Beyond its immediate benefits, a vacation home holds the promise of continuity - a place that can be passed down through generations. It becomes a repository of family history, where traditions are born and cherished. Each visit to the vacation home adds a new layer to this tapestry of memories, ensuring that its significance grows with time. The idea of passing down a vacation home can also instill a sense of responsibility and stewardship in younger family members. It encourages them to appreciate the value of preserving traditions and maintaining connections with their roots - a sentiment that can often be lost in our increasingly transient world. Investment in Quality Time Owning a vacation home is not just about the tangible property; it's an investment in quality time and experiences. It offers the opportunity to escape the ordinary and immerse oneself in nature, culture, and relaxation. Whether it's exploring nearby attractions, trying out local cuisine, or simply lounging by the fireplace with a good book, every moment spent in a vacation home is a chance to recharge and reconnect with what truly matters. Conclusion In essence, a vacation home is more than bricks and mortar - it's a sanctuary where cherished memories are created and preserved. It's a place where time seems to slow down, allowing for moments of reflection and joy. As we navigate the complexities of modern life, the value of such retreats only grows. They serve as reminders of the importance of slowing down, connecting with loved ones, and appreciating the beauty of our surroundings. Whether you're considering investing in a vacation home or already have one in your family, remember that its true worth lies in the memories it holds and the legacy it represents. It's a gift that keeps on giving, enriching the lives of those who visit and ensuring that its impact is felt for generations to come. If you need more information about investing in a Vacation home, Commercial Real Estate, Residential Real Estate, or Property management, contact the Trinity Team. Oh, by the way. If you know someone who is looking to rent, sell, or buy a property, please call or email us with their information, and we'll take good care of them! As always, thank you for your business and continued support!

Have you ever wondered about the rules surrounding the return of a security deposit? This must happen within 30 days after the lease has terminated or 60 days after if that's what the lease states. However, it can never be more than 60 days after the lease is terminated. The landlord must provide a written statement called a security deposit disposition that shows any deductions from the security deposit and why it was deducted. Along with the statement, the landlord must give you any money that is due to you. If you do not agree with any part of the security deposit that was kept by the landlord, you can go to small claims court and have a judge decide. If you have any questions about property management, please contact Trinity Team Property Management. Your partner is property prosperity! Contribution by: Laura Fritzke Sales & Marketing Trinity Team Property Management Division Oh, by the way. If you know someone who is looking to rent, sell, or buy a property, please call or email us with their information, and we'll take good care of them! As always, thank you for your business and continued support! [email protected]