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Colorado Housing Most Multi There are more multi-family residential properties under construction than at any time since 1974. 890,000 properties with 2+ units are currently being built across the United States.  This includes both for-sale product, and for-rent product. Additional supply is clearly beneficial for both buyers and renters and will hopefully relieve some of the housing affordability issues. […]
Buyers & Sellers Moving Checklist: A Step-by-Step Guide to the Moving Process Once you and your agent work through the process of selling your home, there comes a point when it’s time to switch gears and get ready to move. It can be difficult to juggle the various steps of the moving process, especially if you’re Buying and Selling a Home at the Same Time. Using a […]
Buyers & Sellers Price Peek Here is a peek at average residential prices along the Front Range through the first half of September and how they have changed versus one year ago: Larimer County = $663,000 up 11.6% Weld County = $511,000 up 4.5% Boulder County = $1,165,000 up 17% Metro Denver = $668,000 up 9%
Blog Best Places U.S. News & World Report just released their ‘Best Places to Live’ rankings and two Colorado cities made the top five list. They rank the 150 most populated metropolitan areas on criteria such as employment, quality of life, and strength of the housing market. Here are the top 5: Huntsville, AL Colorado Springs, CO Green […]
Buyers & Sellers Under 100 For the first time in a long time, the sale to list price ratio is below 100%. This statistic measures the final sales price versus the listing price. During the super-active market of the last 24 months, this number averaged over 100%. This was a result of multiple offers and bidding wars which caused buyers […]
Colorado Housing Like 1993 Here’s a trivia question… The number of new, single-family homes completed in 2022 will most closely resemble which prior year? If you guessed 1993, you are correct. Yes, the number of homes built and completed this year is no more than the number from 30 years ago. In 2022, there will be just over 1 […]
Buyers & Sellers New Rankings The latest Home Price Index report has just been released by the Federal Housing Finance Authority. They track home price appreciation for the largest metropolitan areas in the U.S. plus state by state appreciation.   Here is the ranking of the top three states for price growth over the last twelve months: Florida = 29% […]
Buyers What Is a Homeowners Association and How Much Are HOA Fees? Becoming a homeowner comes with many responsibilities, but if the home you’re purchasing requires you to be part of a Homeowners Association (HOA), you’ll have to follow additional guidelines and pay additional fees. As you’re looking for homes, talk to your agent about whether purchasing a home that’s part of an HOA is right for […]
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Design Decorating with House Plants to Match Your Décor Style Interior design solutions come in all shapes and sizes. After all your furniture items, art, and other physical items are all in their right place, decorating with house plants can provide the perfect final touch. The best plants for your home are the ones that will thrive in your local climate while complementing your existing […]
Buyers & Sellers What Gives? “I thought the market was cooling off, so why are prices still going up?” This is a frequent question we hear from our clients. They are understandably confused by the fact that average prices have continued to rise at a rapid pace even though sales activity is slower than what it was 6 months ago. […]
Uncategorized Understanding the Value of Your Home: Market Value vs. Assessed Value and More The math of a home sale is relatively straightforward. Sellers list their home at a certain price, a buyer makes an offer, and eventually the two parties reach a final, agreed-upon price. However, between these two points in the selling process, there are several other figures that go into to setting a home’s value that […]
Buyers & Sellers Setting Up Your Home Gym With home gyms popping up left and right in recent years, many homeowners have realized the benefits of working out at home. Setting up a home gym is physically beneficial and gives purpose to empty space. In comparison to a gym membership, even with the upfront investment of purchasing equipment, a home gym can deliver […]
Buyers & Sellers Wonder what a recession would mean for real estate? Our clients wonder what a recession would mean for the real estate market. Many assume it would translate into a downturn in prices. Some even worry that it would cause values to come crashing down. We looked back in history, at past recessions, to gain an understanding of what recessions mean for the Front Range market. […]
Buyers & Sellers Asking Price Drop Data just released by Altos Research shows that 35% of all homes on the market have had to reduce their asking price. This is the highest this number has been since December of 2019. This is also an indicator of sellers adjusting to the reality of the new market where overly aggressive pricing is not […]
Buyers & Sellers Weeks to Months For the first time in almost two years, there is more than a month’s worth of inventory on the market. This means that at the current pace of sales, it would take more than a month to sell all of the homes currently for sale. This is certainly welcome news for buyers who have been […]
Fort Collins Real Estate More Days A stat that we have expected to change is finally changing. “Days on Market” measures how long it takes for new listings to sell. Over the last two years this stat plummeted to levels we have never seen before. In the height of the market frenzy a year ago, properties were taking 7 days or […]
Fort Collins Real Estate Top Three Here are the top three reasons why prices are unlikely to crash even though the market has cooled off: Inventory – Ultimately, prices are driven by supply and demand.  Although supply has increased, it still remains relatively low with less than two months’ supply in most areas. New Homes – New home construction still lags […]
Buyers & Sellers 5 Tips for Cutting the Cord: Switching from Cable to Subscription TV “Cutting the cord” can mean something different in every household. For some, it’s a complete abandonment of cable TV and the fees that come with it, while in another household it may be a mix of cable- and subscription-based programming. Regardless of where you are in the spectrum, it’s worth it to audit your household’s […]
Sellers Before You Sell: Affordable Curb Appeal Tips You know that saying, “don’t judge a book by its cover?” Unfortunately for home sellers, most home buyers are quick to judge a house by its exterior. It’s can be one of the quickest ways to weed out homes that are less desirable in the sea of for-sale signs. We don’t want your home to […]
Fun Facts Timber! A positive outcome of the cooling housing market is lower lumber prices. Lumber is now priced at $605 per thousand board feet.  This is a new low for 2022. Prices for lumber are now down 47% for the year and are well below the 2021 peak of $1,733 per thousand board feet. What’s causing this?  […]
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