Enjoy your privacy without giving up the perks of a city – this beautiful two-story home at 2179 Blue Duck Court in Loveland sits on over 1/3 acre in the highly desirable Garden Gate subdivision, only 1 mile from downtown, the Foundry, Winona Park/Pool & Chilson Rec Center. The spacious open kitchen has been upgraded with stainless steel appliances and opens up to a sprawling fully fenced back yard with a large patio & lush lawn with a sprinkler system. Separate fenced dog run has a dog door leading into the garage. Brand new carpet throughout the upper level and new exterior paint (both June 2020). The master bedroom features a private five-piece bathroom and a large walk-in closet. Convenient upstairs laundry room with included washer and dryer. Ample off-street parking with a large 3-car attached garage. Unfinished basement with a rough-in ready for your finishes. Lovely cul-de-sac location and curb appeal galore! Contact Kailee Harvey at (970) 331-2868 for your private showing for more information or click the link below for more details.
Fabulous 5-bedroom home at 4743 Withers Drive in Fort Collins on the water in popular Clydesdale Park! Starting with the front entry waterfall feature, this home displays the highest quality finishes inside and out. This craftsman-style retreat features tiger wood floors on both the main and upper levels. The chef’s kitchen boasts beautiful countertops, custom tile, plenty of storage and large dining area. Sprawling great room with vaulted ceiling and stone fireplace. Main level office or second dining area. Spacious work-out room. Upstairs features three large bedrooms, including a huge master suite with deck overlooking water and a view of snowcap mountains. Top quality extends to the basement with wet bar, entertainment area, rec space, two bedrooms, bath and storage. Beautifully landscaped back yard abutting the pond with large fountain. Oversized 3-car garage. The advanced leak detection alarm system, and a 14-month home warranty is sure to bring extra peace of mind to the new owner of this wonderful property! Contact Jon Holsten at (970) 237-2752 for your private showing for more information or click the link below for more details.
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% in Metro Denver
This low inventory is one of several reasons that prices are generally still up across the Front Range.
How about two master suites, a finished basement, and an amazing location at 257 Cajetan Street, Fort Collins in Old Town North for this price!? This home offers an upgraded kitchen, hardwood floors on the main level, and a fully finished basement for your entertainment/family room. Easy access on trails and just minutes to Old Town, along with the convenience of an attached two-car garage. Low maintenance back yard area allows you to focus on the Old Town lifestyle and not lawn maintenance every weekend. Come take a look at this beautiful home today! Contact Paul Hunter at (970) 673-7285 for your private showing for more information or click the link below for more details.
Thanks to COVID-19, the new reality is that many open houses and home tours are being conducted virtually. For prospective home buyers, this new territory brings an added element to prepare for in the home buying process. Some of the questions that should be asked in a virtual home tour parallel those of in-person tours, but others are unique to today’s virtual world.
Could you zoom in?
- Sometimes it can be difficult to get a true glimpse at what you want to see in a room. Asking the agent to zoom in on specific features is commonplace in virtual home tours, and they understand this is part of the viewer experience. Don’t hesitate to ask multiple times. Getting a better look at everything you want to see will help you feel like you’ve gotten the most out of your virtual tour.
How many square feet are in this room?
- Virtual tours can slightly distort space, making it tough to gauge the size. The room-to-room square footage is information the agent is sure to have handy. Since you can’t be there in person, it will help you piece together the virtual visuals with the sense of physical space that we’re all accustomed to feeling in the places we live.
What color is that?
- In the smartphone era, and computer era at large, we have come to understand that digital representations of color are not always true to the eye. Ask the agent to confirm specific colors so you can plan accordingly. Have a color swatch on hand or look the colors up online as you go through the tour.
When were the appliances last updated?
- The importance of this question rings true in past, present, and future. Knowing the state of the home’s appliances, and the likelihood and timing of when they will need replacement, is vital information for both assessing the move-in readiness of the home and understanding what costs might lie ahead.
Has the seller provided an inspection?
- This is another example of a critical question, whether your home tour is virtual or physical. If the seller has already done an inspection, ask the agent to lead you to any areas of concern based on the inspector’s findings. If there is anything that has not yet been addressed by the seller, have your agent ask what their plan is for making the necessary repairs/updates.
When is the offer review date?
- Understanding the seller’s timeline for reviewing and accepting offers will help guide your decision-making process and allow you to strategize based on the timeline.
Whether your home tour is physical or virtual, getting the information you need to make an informed decision remains paramount. Although there is no substitute for physically being in the home you are looking to buy, keeping these questions in mind will position you well as you progress through the home buying journey.
This week on “Mondays with Matthew”: Now that things have settled down somewhat following the initial impact of COVID-19, Matthew dives into the topic of mortgage rates. Will they go below 3%? Matthew discusses this and the factors that have formed his updated 2020 and 2021 mortgage rate forecast.
Fantastic ranch-style home at 2601 Empire Avenue in Loveland’s popular Park Hill neighborhood! Featuring a super functional floor plan, your new home boasts a spacious kitchen, separate dining area, and a wood-burning fireplace in the living room. The fully finished basement adds plenty of elbow room and a wet bar! Relax or entertain in the mature fully landscaped backyard. Newer exterior paint and fencing. Brand new roof installed before closing. Just a short jaunt to Lake Loveland, North Lake Park, golfing, shopping, and everything this amazing community has to offer. No HOA!! Contact Jon Holsten at (970) 237-2752 for your private showing for more information or click the link below for more details.
Money is on sale (again).
30-year mortgage rates now sit at 3.3%.
This is less than half of the long-term, 40-year average.
This is also almost a full percentage point lower than they were one year ago (which was still very low).
Let’s put this in real numbers.
A $300,000 loan at today’s rates has a $1,313 monthly principal and interest payment.
One year ago, that same loan would be $1,432 per month.
That’s a 8.3% difference in monthly payment.
The fact that money is on sale is one of many reasons that the housing market remains very strong right now.
In this week’s episode of Mondays with Matthew, Windermere Chief Economist Matthew Gardner kicks off a series of episodes in which he answers questions from his followers. The first deals with how COVID-19 will impact buyer behaviors, especially in more urban markets.