The Latest Edition of THE SCOOP!

Check out the link below for interesting and helpful info on the Northern Colorado Real Estate Market!

The Scoop 1st Quarter 2018

Posted on April 16, 2018 at 3:23 pm
Paul Hunter | Category: About the area, Buyer Tips, Fort Collins Real Estate, Homes for Sale, Investment, Loveland Real Estate, Real Estate, Seller Tips, Wellington Real Estate, Windsor Real Estate | Tagged , , , ,

The Scoop! Is Here

Check out this quarter’s edition of The Scoop! Our Northern Colorado Market report!

THE SCOOP!

Posted on February 19, 2018 at 4:59 am
Paul Hunter | Category: About the area, Buyer Tips, Fort Collins Real Estate, Investment, Loveland Real Estate, Real Estate, Seller Tips, Wellington Real Estate, Windsor Real Estate | Tagged , , , , , ,

Friday Fun Facts!

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A Look Back

Here are some fun facts about 2017…

(By the way, be sure to RSVP for our Market Forecast on January 18th so you can hear our predictions for next year. Click HERE to register)

In 2017:

  • $4.6 billion of residential real estate was sold in Larimer and Weld Counties. ($2.8 in Larimer and $1.8 in Weld). This volume is double what is was in 2012.
  • There were 7,091 residential sales in Larimer County and 5,442, in Weld County.
  • On average, it took 53 days to sell a home in Larimer County and 49 days in Weld County. In 2012 it took about 25 days longer to sell a home.

To hear our predictions for the 2018 market, join our live Market Forecast event on January 18th at the Marriott in Fort Collins. Back by popular demand is Windermere’s Cheif Economist Matthew Gardner who will give you valuable and interesting insights into the real estate market. Reserve your spot at www.windermereforecast.com

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We have big news. Windermere is coming to Windsor!. Our newest branch office is right in the heart of downtown next door to The Hearth Restaurant and Toast Coffee. Watch for a grand opening in mid-January.

Posted on January 5, 2018 at 2:19 pm
Paul Hunter | Category: About the area, Buyer Tips, Fort Collins Real Estate, Investment, Loveland Real Estate, Real Estate, Seller Tips, Wellington Real Estate, Windsor Real Estate | Tagged , , , , , , ,

Luxury Leaps

One of my favorite sources of data is the Fort Collins Board of Realtors monthly market report. Their newest release of information showed some interesting numbers on the luxury market and a confirmation of other statistics we are tracking.

The Luxury market is way up over last year.

In the greater Fort Collins area over the last 12 months, sales of single family homes priced between $1 million and $2 million, have leaped up 79% over last year. 24 total sales last year compared to 43 this year.

I included a screen shot from the report below…

I will take a deeper dive and closer look at the luxury market across all of Northern Colorado in our upcoming December Windermere Report (if you don’t already receive this monthly printed newsletter in your mailbox, let me know and I will add you to the list. Just contact me HERE.) 

Quarterly Market Report
Posted on November 20, 2017 at 2:13 pm
Paul Hunter | Category: About the area, Buyer Tips, Fort Collins Real Estate, Loveland Real Estate, Real Estate, Seller Tips, Wellington Real Estate, Windsor Real Estate | Tagged , , , , , , ,

Friday Fun Facts – Long vs Short

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Short vs. Long

There are short-term questions about real estate and there are long term questions about real estate.

Clients often have short-term questions like…

How much will prices go up next year? Should I sell my house this Fall or next Spring? Will interest rates go up next week?

We encourage our clients to evaluate those questions in the context of the long-term. There are decades of data on the Northern Colorado market which reveal certain patterns.

When we show our clients these patterns they feel confident and secure in the investment they have made into their home and their rental properties.

For example, the long-term appreciation rates based on up to 41 years of research are as follows:

  • Larimer County = 5.36%
  • Weld County = 4.25%
  • Metro Denver = 5.56%

So over the course of a year prices may go up a lot or go up a little, but in the long term they will stay true to these long term averages.

To see an update as to what is happening in the Northern Colorado market, contact me to receive our quarterly “Scoop” report.

Posted on October 27, 2017 at 1:42 pm
Paul Hunter | Category: About the area, Buyer Tips, Fort Collins Real Estate, Loveland Real Estate, Real Estate, Seller Tips, Wellington Real Estate, Windsor Real Estate | Tagged , , , , , , , ,

Friday Fun Facts!

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Inventory Is Up

For the past few years the hot topic in Northern Colorado real estate is inventory, or more specifically, lack of inventory.

Based on our current research, it looks like this trend is reversing.

Let’s look at the increase in inventory in our major markets versus a year ago…

  • Fort Collins up 28%
  • Loveland up 4%
  • Windsor up 37%
  • Greeley up 5%

This increase in is very good news for prospective buyers as now there are more homes to choose from.

To see an update as to what is happening in the Northern Colorado market, contact me to receive our quarterly “Scoop” report.

Posted on October 20, 2017 at 1:56 pm
Paul Hunter | Category: About the area, Buyer Tips, Fort Collins Real Estate, Investment, Loveland Real Estate, Real Estate, Seller Tips, Wellington Real Estate, Windsor Real Estate | Tagged , , , , ,

Homecoming Win!

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Homecoming

It was homecoming weekend at CSU which means that alums from all over the Country were back to visit Northern Colorado.

So how does their real estate market stack up versus the place where they went to college?

Odds are, it’s not as good!

It turns out that there are only 9 metropolitan areas out of about 270 that have higher appreciation than Larimer County.

Interestingly, 3 of the 9 are in Washington and 2 of the 9 are in Oregon. So if they are visiting from the Pacific Northwest they probably have an even stronger market than here.

But pretty much everywhere else is below our market.

This is all according to the Federal Housing Finance Authority who tracks the nation’s real estate markets. They show that Larimer County has appreciated 12.08% in the last year which ranks 9th in the nation.

First place belongs to Mount Vernon, Washington at 15.14%. Last place is Atlantic City, N.J. which had a decrease of 0.77%.

CSU’s comeback in their homecoming game was amazing, and cheers to a healthy real estate market!

 

 

Posted on October 16, 2017 at 2:07 am
Paul Hunter | Category: About the area, Buyer Tips, Fort Collins Real Estate, Investment, Real Estate, Seller Tips | Tagged , , , , ,

Windermere Symposium!

I was lucky enough to spend most of last week in Seattle for the yearly Windermere Conference called the Windermere Symposium. We were able to learn from many different masters in the business and economics, and will be able to use those tools and skills to help all of my clients even more efficiently!

And even more importantly, if you are planning on a move to anywhere in the Western United States, I have many different contacts that can help you or any friends or family members purchasing or selling outside of Colorado. If you need any help finding a Realtor in any of the 11 states we have a presence in I can help!

Posted on October 9, 2017 at 3:08 am
Paul Hunter | Category: Buyer Tips, Real Estate, Seller Tips | Tagged , , , , , ,

How Long Does It Take?

Interested in the timeline of selling your home, check it out below!

Posted on May 17, 2017 at 9:11 pm
Paul Hunter | Category: About the area, Real Estate, Seller Tips | Tagged , , , ,

Fort Collins By The Numbers

By the numbers

As we come to the end of July, I thought it would be helpful to show you where we are in this market that you may have heard is "crazy" or "hot" right now. It is true we do have a lot of activity on homes in the under $350,000 mark right now (right at 2 months worth of inventory, and the NAR stats show that a "balanced market" should be at 6 months of inventory). Only 45 homes are available in all of Fort Collins under $350,000. I have helped many sellers this year list homes in that price range so they could move up in to larger homes as their families grow or take advantage of the HUGE equity that their homes have increased by to purchase the home that they have always wanted. 

The fun thing is you can sell in a "seller's market" in that lower price range, and then buy in a more balanced or even "buyer's market" depending on how much higher in price you can be looking in. Over $500,000 in Fort Collins is at DOUBLE the inventory with about 4 and a half months of available inventory, and over $750,000 there is about 19 months of available inventory. 

Those numbers outline not only the opportunities that exist in the higher price ranges, but also the need for a full comprehensive marketing plan like the Windermere Certified Listing Process when you have a high end home to sell. 

If you would find it helpful to know how much equity you have in your home, please contact me for an Equity Snapshot that will show you what financial position you are in with your home. 

Posted on July 25, 2016 at 3:47 pm
Paul Hunter | Category: About the area, Buyer Tips, Real Estate, Seller Tips | Tagged , , , , ,