Rate Bounce

Rates hit near-historic lows this week and are now at 3.49% for a 30-year mortgage.

There have only been two other times in history when rates have been this low- April 2013 and October 2016.

It’s interesting to see what happened soon after bottoming out these last two times.

In April of 2013 rates hit 3.41%. By August 2013 they had jumped to 4.40%.

Rates bottomed again in October 2016 at 3.42%. Just two months later in December 2016 they were 4.32%.

Each time the increase was nearly 1% within just a few months.

So, if history proves itself as a guide, we can’t expect these rates to last for long.


Posted on September 13, 2019 at 5:32 pm
Meagan Griesel | Posted in Colorado Real Estate, Fun Facts, Real Estate Tips | Tagged , , , ,

Downtown Beauty in Loveland!

It’s rare to find a downtown home with this much curb appeal, square footage, main floor master & closet space! Have your friends over for lunch at 904 W 5th Street in Loveland on your large covered wrap-around porch and holiday meals in your large dining room. Corner nooks perfect for a reading area or a piano. Behind the house is a large patio, workshop/craft room with 220 wiring. Located within an easy walk to the new movie theater & restaurants. Upstairs carpet is preserving hardwood floors underneath. Call for your private showing at (970) 691-0056 for more information or click the link below for more details.

http://windermerenoco.com/listing/99762169

 


Posted on September 4, 2019 at 4:34 pm
Meagan Griesel | Posted in Loveland Real Estate, Virtual Tours | Tagged , , , , , , , , , ,

Prepping Your Home for Sale: The Rooms That Matter Most

 

When you’re selling your home, one of the most important jobs you have is to make your home more attractive to prospective buyers. According to MoneyWise, some of the biggest turnoffs for buyers are a messy, dirty, or smelly home. Thankfully, this is an area that you have complete control over, and with some helpful tips you can clean and stage your home to show off it’s beauty. All your spaces will be inspected during a showing, but there are a couple key rooms that are especially important to focus on to impress the buyers.

 

Kitchen: Clean and Free of Clutter

 

The kitchen in every home is a source of love and congregation, where food is prepared for the family and loved ones tend to gather. First, you want to thoroughly clean and organize the entire kitchen, including drawers, cabinets, and pantry. Don’t forget the appliances – clean all the refrigerator shelves, wipe out the microwave, and deep clean your oven. Next, you will need to stage your kitchen. Staging is decorating with the intention to increase attractiveness to the strangers surveying your home. The less you have on your counters the better, so put away all the small appliances and containers. Keep only a pretty bowl full of lemons or limes to add a pop of color. The kitchen can be a difficult area to keep clean while selling your home because you are still using it several times a day. In the coming weeks, take the time to completely clean up after every meal, even when you are in a hurry.

 

Living Room: Staged to Perfection

 

Your living room is likely the focal point of your home, as it is often the largest space and the one where most time is spent. According to House Beautiful, the living room will help you sell your home more than any other room in the house. As with all the other spaces in your home, you will need to deep clean thoroughly and keep it tidy as the home sits on the market. Most important for this particular room is flawless staging. Living rooms tend to be a home for beloved knick-knacks, family photos, and cozy collections of favorite blanket and pillows. All this personalization needs to go. If staging feels impossible to you, consider hiring a professional home stager to help out. A beautifully staged home will sell faster and at a higher cost than a home left in its original state.

 

Master Bedroom: Peaceful Retreat

 

Lastly, the master bedroom needs your attention. This is the place in your home that signals rest, a peaceful retreat from the busyness of life. In addition to a deep clean, you need to declutter and organize the space well. Take advantage of storage space underneath your bed, out of sight from prospective buyers. Utilize functional furniture like decorative trunks and storage ottomans to store your belongings and clear off surfaces. A decluttered space is the first step to creating a peaceful retreat. Next, paint your walls a calming neutral color like soft gray or pale blue, and replace heavy curtains with light sheer panels to allow natural light to shine through. With a few simple touches, your bedroom will be showroom-ready.

 

Of course, not everyone has time in their busy schedules to devote to cleaning on a regular basis. If you discover you’re having a difficult time making it all come together, look into hiring a housekeeping service, one that can help you keep your kitchen spotless, your bedrooms tidy, and your house ready for any potential last-minute showings.

 

By focusing on these three main rooms – your kitchen, living room, and master bedroom – you will have an easier time getting your home cleaned and staged. It is a stressful time putting your house on the market, but remember that it’s only temporary. In no time, your beautiful home will sell to the perfect buyer, and you will be able to move on to your next adventure.

 

Kris Louis is mom to two rambunctious boys. Her oldest is 10 and her youngest is 7. A former advertising copywriter, she recently created parentingwithkris.com, where she puts her skills to work writing about the trials and tribulations of parenting. Kris, her husband, and two boys live in Durham, NC.

Photo Credit: Pixabay


Posted on August 26, 2019 at 1:46 pm
Meagan Griesel | Posted in Colorado Real Estate, Loveland Real Estate, Northern Colorado Real Estate, Real Estate Tips | Tagged , , , ,

Wonderfully Maintained Home in Fort Collins!

Beautiful large home at 1945 Prairie Hill Drive in Fort Collins located in a highly desirable school district. Mature landscaping with a private fenced-in backyard. Spacious and open floor plan, vaulted ceilings, 3 bedrooms and 3 bathrooms plus a large loft that can be converted to a 4th bedroom. Huge master suite has 5-piece bath and a walk-in closet. All appliances are included! Conveniently located & easy access to I-25 and Harmony Corridor. Call for your private showing at (970) 691-0056 for more information or click the link below for more details.

http://windermerenoco.com/listing/98630759

 

 


Posted on August 7, 2019 at 5:52 pm
Meagan Griesel | Posted in Fort Collins Real Estate, Virtual Tours | Tagged , , , , , , , , , , , , , ,

How’s the Market in NOCO?

Here are some observations we have about the market right now:

  • Inventory is up, price reductions are up, the length of time to sell a home is up
  • Seller concessions are more prevalent
  • Sellers are more willing to accept contingent offers (especially in higher price ranges)
  • If a home doesn’t sell within a week, it often becomes stigmatized by the market and potential buyers assume there must be something wrong with it
  • Homes that likely would have sold within hours a year ago, are now sitting on the market
  • Condition is super-important as buyers become even more picky
  • Pricing a property correctly on day one is paramount
  • Sellers who over-price their property are finding themselves chasing the market

 


Posted on August 5, 2019 at 4:22 pm
Meagan Griesel | Posted in Colorado Real Estate, Colorado Real Estate Market Update, Fun Facts, Northern Colorado Real Estate | Tagged , ,

Charming Airbnb in Fort Collins!

Turn key AirBnB at 521 West Magnolia Street in Fort Collins. Everything is included and everything is new! Includes licence, future bookings, 5 star ratings/superhost status. New roof, new plumbing, new wiring, new hot tub, new professional remodel & furniture. Super low maintenance home & lot with outdoor fire pit. This home is only accessible the few days it is not rented or between guest check in or check out. www.airbnb.com/rooms/30887264. Call for your private showing at (970) 691-0056 for more information or click the link below for more details.

http://windermerenoco.com/listing/97432873

 


Posted on July 18, 2019 at 7:31 pm
Meagan Griesel | Posted in Fort Collins Real Estate, Virtual Tours | Tagged , , , , , , , , ,

More homes for sale!

Given how active our market is today and has been over the last few years, many people assume that virtually every home with a “For Sale” sign in the front yard is already under contract.

 

They are surprised to learn that, in most cases, the “For Sale” sign does indeed represent a home that is actively for sale.

 

For example, today in Fort Collins there are 655 single-family homes on the market. 290 of these are under contract and will be closing soon. 365 of these are still active. So, 56% of the signs in Fort Collins are in front of homes that are still available.

 


Here are the specific numbers for each of our Northern Colorado markets:
• Fort Collins = 56%
• Loveland = 57%
• Windsor = 58%
• Greeley = 41%


Posted on July 12, 2019 at 8:48 pm
Meagan Griesel | Posted in Colorado Real Estate Market Update, Fun Facts, Northern Colorado Real Estate | Tagged ,

Charming Loveland Home!

Great location and main floor living at 1225 East 4th Street in Loveland! Walking distance to downtown, rec center, near bike trails. Home features 3 gas fireplaces, hardwood floors preserved under carpet, large master bedroom with backyard access. Large workshop, tool shed, dog run, private backyard with nice wood deck, an additional building off the alley has propane (grandfathered in), bathroom, and electricity. Plus high density RE3 zoning! Call for your private showing at (970) 691-0056 for more information or click the link below for more details.

http://windermerenoco.com/listing/96899955


Posted on June 24, 2019 at 7:24 pm
Meagan Griesel | Posted in Loveland Real Estate, Virtual Tours | Tagged , , , , , , , , , , , ,

Peaceful Mountain Home!

Tons of character and space in this peaceful mountain home at 176 Antler Way in Red Feather Lakes. Sitting on almost an acre with a creek running through the back edge of the property. Large foyer, massive stone fireplace, currently being used as a year-round home. Well lit walk-out basement features a master suite and family room. Super easy access to paved roads, bus routes, and town. Call for your private showing at (970) 691-0056 for more information or click the link below for more details.

http://windermerenoco.com/listing/96715211


Posted on June 18, 2019 at 9:49 pm
Meagan Griesel | Posted in Red Feather Lakes Real Estate, Virtual Tours | Tagged , , , , , , ,

Still appreciating – just slower

The Latest

Here’s the latest from the Federal Housing Finance Authority’s report on price appreciation.  They track 241 markets across the country.  These are the one-year price growth numbers for the Colorado cities on their list:

  • Boulder = 6.14%
  • Colorado Springs = 9.18%
  • Denver = 6.97%
  • Fort Collins = 6.43%
  • Greeley = 7.06%

So, even though the pace of sales is going down, prices overall are still going up.

Even in today’s growing market, we do notice that in certain price ranges, in certain locations, sellers are having to reduce their price to attract offers on their homes.

What we know is that all markets are local and there are trends that occur on a micro level that sometimes differ than the overall macro trends.

If you are curious to know what the value of your home is in today’s market, I’d be happy to show that to you.


Posted on June 7, 2019 at 1:18 pm
Meagan Griesel | Posted in Colorado Real Estate, Colorado Real Estate Market Update, Fun Facts | Tagged , ,