Charming Bungalow!

1775 Galena St is a charming updated 1920’s bungalow features and large inviting front porch & mature landscaping. Ready to move-in with recently remodeled kitchen, updated plumbing, new flooring, siding and roof are 5 years old, new back yard deck, and completely fenced in backyard with alley access. Radon mitigation system is installed and the sprinkler system was just winterized. Two bedrooms on the main floor and a non-conforming one in the basement. Convenient location near Stanley Marketplace, Anshutz Medical Campus, Children’s Hospital, DIA, Peoria Station, restaurants, shopping, and trail system. Plenty of parking for toys and RVs. Home has been pre-inspected and comes with a home warranty. Call for your private showing at (970) 691-0056 for more information or click the link below for more details.

https://www.recolorado.com/listing/282856111-151082055/1775-galena-street-aurora-co-80010/


Posted on October 20, 2020 at 6:40 pm
Meagan Griesel | Posted in Aurora Real Estate, Blog, Virtual Tours | Tagged , , , , , , , , , ,

Charming Ranch!

1930 Tyler Avenue is a super clean and sunlight filled ranch home. Fully remodeled in 2018; including new appliances, granite countertops, concrete driveway, water heater, sprinkler system – roof in 2014. Features a very large eat-in kitchen, vaulted ceilings, built-in desk and shelves. Very convenient location in Northwest Longmont. Fully fenced in yard with a deck and storage shed. Make sure to view the 3D walk through tour! Call for your private showing at (970) 691-0056 for more information or click the link below for more details.

http://windermerenoco.com/listing/114220139


Posted on September 15, 2020 at 5:31 pm
Meagan Griesel | Posted in Blog, Longmont Real Estate, Virtual Tours | Tagged , , , , , , , , , , ,

Niwot Gem!

Live in Niwot for an affordable price! Great location at 6877 Countryside Lane #274 – walking distance to Old Town Niwot -restaurants, parks, trails, and shopping. Main level condo features a massive main bedroom suite, inviting and well lit living room with a wood fireplace. This unit includes a stackable washer and dryer. Niwot is known for its excellent public school system. Call (970) 691-0056 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/112574499


Posted on August 11, 2020 at 8:16 pm
Meagan Griesel | Posted in Blog, Niwot Real Estate, Virtual Tours | Tagged , , , , , , , , , , , , , , , ,

Charming Ranch Style Home in Berthoud!

Qualifies for USDA loan! Desirable brick ranch with 3 bedrooms / 2 baths. Located at 1207 Cedar Drive, in Berthoud on a very low traffic/quiet street with a huge center grass median and mature landscaping. Feels super fresh inside with the newer laminate floors, carpet, and interior paint. Half a block walk to Berthoud Elementary and very close to downtown Berthoud. Inviting sunroom with built-in storage leads to backyard with a dog run. No HOA with room to park the RV or trailer, 3 off-street parking spaces. 15 min to Downtown Loveland – great location. Call for your private showing at (970) 691-0056 for more information or click the link below for more details.

http://windermerenoco.com/listing/111553414


Posted on July 13, 2020 at 6:03 pm
Meagan Griesel | Posted in Berthoud Real Estate, Blog, Virtual Tours | Tagged , , , , , , , , , , , , , , , , , , ,

Another Real Estate Meltdown?

This week our Chief Economist took a deep dive into the numbers to examine the current health crisis versus the housing crisis of 2008.

The reason why?  People wonder if we are going to have another housing meltdown nationally and going to see foreclosures and short sales dramatically increase.

It turns out that the numbers show that today’s housing environment is quite different than 2007, right before the housing bubble burst.

Specifically, homeowners are in a vastly different situation with their mortgage compared to the pre-Great Recession’s housing meltdown.

In addition to much higher credit scores and much higher amounts of equity compared to 2007, the most significant difference today is in the amount of ARM mortgages.

Back in years leading up to the housing bubble, Adjustable Rate Mortgages were very prevalent.  In 2007 there were just under 13 million active adjustable rate loans, today there are just over 3 million.

The number of those ARMs that would reset within three years was 5 million in 2007 compared to only 320,000 today.

It’s those Adjustable Rate loans resetting to a higher monthly payment that caused such a big part of the housing crisis back in 2008 to 2010.

Back then not only was people’s employment impacted, but many were facing increased monthly mortgage payments.

That’s why there were so many foreclosures and short sales in 2008 to 2010.

That is not the case today and one of many reasons why we don’t foresee a housing meltdown.

At Windermere Real Estate we are taking Safer at Home and Social Distancing very seriously.  Our people are following our Safe Showings protocol, staying connected to their clients, and providing help wherever needed.

Posted on May 1, 2020 at 3:11 pm
Meagan Griesel | Posted in Colorado Real Estate, Fun Facts | Tagged , , , , , , ,

Will there be a real estate crash?

 

 


Posted on April 24, 2020 at 2:59 pm
Meagan Griesel | Posted in Fun Facts, Northern Colorado Real Estate, Uncategorized | Tagged , , ,

Beautiful Mountain Views in Loveland!

Perfect home at 199 Sierra Vista Drive in Loveland for multi-generational living or separate area for short term rental. Situated on a large corner lot overlooking Loveland and expansive mountain views. Large well-lit rooms throughout the entire home, fireplace on each level (2), the lower level is a walk-out with easy access on the side of the home. The upper level is open and has a newer wood deck to drink your morning coffee and tea. Home used to have 2 garages which could be converted back fairly easily. Home comes with a 1-year Home Warranty from First American home warranty. Call for your private showing at (970) 691-0056 for more information or click the link below for more details.

http://windermerenoco.com/listing/106027676


Posted on February 14, 2020 at 11:45 pm
Meagan Griesel | Posted in Loveland Real Estate, Virtual Tours | Tagged , , , , , , , , , , ,

Millennial Buyers

Millennials often get a bad rap.  One of the myths about Millennials is that they don’t own homes and will be renters forever.

Not true!  Especially on the Front Range of Colorado.

Based on research by our very own Chief Economist, Matthew Gardner, Millennials make up a significant percentage of all home buyers in Metro Denver and Colorado.

In Metro Denver, 50% of all buyers last year were in the Millennial demographic.

In Northern Colorado, the number is 41%.

It turns out that Millennials, as they move into their mid to late 30’s, see the value of home ownership and are at the point in their lives where it makes sense to own instead of rent.


Posted on January 17, 2020 at 3:41 pm
Meagan Griesel | Posted in Colorado Real Estate, Fun Facts | Tagged , ,

Add to Your Net Worth!

It’s no surprise that for just about every homeowner, their real estate represents the largest portion of their net worth.

Check out these numbers from the Federal Reserve’s Survey of Consumer Finances:

  • Median Net Worth in the U.S. = $97,300
  • Median Net Worth of a Renter = $5,200
  • Median Net Worth of a Homeowner = $231,400

Posted on October 17, 2019 at 4:39 pm
Meagan Griesel | Posted in Colorado Real Estate, Colorado Real Estate Market Update, Fun Facts | Tagged , , , ,

Price Reduced

Some fascinating research from the Denver Metro Association of Realtors…

37% of properties that sold last month along the Front Range had a price reduction at some point during the listing period.

Property owners who have to reduce their price take an average of 58 days to receive an offer.

Those who don’t have to reduce their price only take 13 days.

This stat obviously speaks to the importance of pricing your property right on day one.


Posted on October 4, 2019 at 3:13 pm
Meagan Griesel | Posted in Blog, Fort Collins Real Estate, Fun Facts, Loveland Real Estate, Northern Colorado Real Estate, Real Estate Tips | Tagged , ,