Seller Tips

Blog Housing Challenge or Housing Opportunity? It Depends. Housing Challenge or Housing Opportunity? It Depends. The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on […]
Blog Does Your House Have What Buyers Want? Does Your House Have What Buyers Want? The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. As a seller, if you no longer need the extra […]
Seller Tips Home Sellers: There Is an Extra Way To Welcome Home Our Veterans Home Sellers: There Is an Extra Way To Welcome Home Our Veterans Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of mortgages obtained by homebuyers in May 2021, an increase […]
Seller Tips Sellers: Make Today’s Home Price Appreciation Work for You Sellers: Make Today’s Home Price Appreciation Work for You Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should really ask is: will this […]
Seller Tips Why It’s Important to Price Your House Right Today Why It’s Important to Price Your House Right Today Even in today’s sellers’ market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021. This means experts anticipate home […]
Seller Tips Three Ways Low Inventory Is a Win for Sellers Three Ways Low Inventory Is a Win for Sellers The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is […]
Seller Tips Should I Renovate My House Before I Sell It? [INFOGRAPHIC] Should I Renovate My House Before I Sell It? [INFOGRAPHIC] Some Highlights In today’s hyper-competitive market, buyers are often willing to overlook cosmetic or minor repair needs if it means snagging a home in their price range. With so few houses available for sale today, you may be able to skip the bigger renovations before […]
Buyer Tips Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face a foreclosure crisis next year. This is understandable, especially for those who remember the housing crisis that began in 2008. The reality is, plans have been put in place through […]
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Buyer Tips Remodeling Impact Americans spend $400 billion per year remodeling their homes. So, which remodeling investment gives the best return when it comes to resale value? It should come as no surprise, especially leading up to Thanksgiving, that the best money to spend upgrading your home is in the kitchen. It’s the place where most homeowners spend most […]
Seller Tips Is It Safe to Sell My House Right Now? Is it Safe to Sell My House Right Now? In today’s real estate market, the buzz is all about how it’s a great time to sell your house. Buyer demand is high, and there simply aren’t enough homes available to buy to meet that growing need. This means now is the time to make a move so you can close […]
About the area The Votes are In Real estate buyers made their voices heard last month and made a clear choice for… higher-end properties! One of the interesting dynamics of our current market is the significantly- increased activity in higher price ranges. The combination of high equity and low interest rates is clearly causing people to move up. They are able to […]
About the area Re Bubble The activity in the Front Range market is causing us to hear the bubble question again. People are curious to know, based on recent growth in price appreciation, if we are in a housing bubble. This questions seems to crop up when prices go up. While we do not believe that the current double-digit price […]
Buyer Tips Forbearance Falls The number of loans in forbearance just fell to their lowest level since mid-April. This is good news for the real estate market. Less and less people are seeking payment relief on their mortgages. The number of loans currently in forbearance stands at 7.16%. This news coincides with the U.S. Unemployment Rate falling to it’s […]
Friday Fun Facts Price Report The Federal Housing Finance Authority just released their most recent quarterly report which tracks home price appreciation in the top 100 metropolitan areas in the U.S. plus appreciation in individual states. Some significant findings from the report: House prices have risen for 36 consecutive quarters, or since September 2011. House prices rose in all 50 […]
Buyer Tips At Least List Periodically we track a stat which we find to be quite interesting. It answers this question – how many properties are selling for at least list price (asking price or higher)? This stat tells us how active the market is and helps our buyers to realize that, in some cases, they will be in a […]
About the area Rebound The Case-Shiller Home Price Index tracks appreciation in the 20 largest real estate markets across the U.S. Their most recent quarterly report was just released this week. Metro Denver prices are up over last year by 3.89% which is just slightly higher than the average of the 20 markets. It is interesting to see how […]
About the area Spring in Summer This year the Spring market is occurring in the Summer. Typically the busiest months for real estate along the Front Range are April, May and June. This year, because showing activity was restricted in the Spring months, we are seeing robust activity this Summer. Here’s an indicator.  Sales through July 2020 versus July 2019 are […]
Buyer Tips Buyer Contemplation New research from the National Association of Home Builders: The number of Americans contemplating purchasing a home in the second quarter of 2020 is nearly the same as 2019’s second quarter, according to NAHB’s Housing Trends Report. At this time last year, 12% of Americans considered buying a home. Today the number stands at 11%. […]
Buyer Tips Tight Inventory The numbers that we find to be most interesting right now are all related to inventory. Long story short, inventory is tight. It was already tight pre-coronavirus and now it’s even tighter. Here are the numbers. Active properties for sale versus one year ago are down: 11% in Larimer County 20% in Weld County 26% […]
Buyer Tips Prices Still Up It seems that COVID-19 did not cause prices to decrease and certainly didn’t cause them to crash. Average prices are up compared to last year: 2.8% in Larimer County 5.4% in Weld County 3.3% in Metro Denver Low supply, sustained demand, and incredibly low interest rates are all fueling the price growth. At Windermere Real […]