Don’t Stress About Selling… We’ve Got You Covered ☂️

Have you wondered how much 💰equity💰 you have in your home? If so, perhaps you’ve thought about selling. It can be daunting to think about the process and all it takes to get a home ready to sell, but we have you covered ☂️!

Eric Thompson, President of Windermere Real Estate in Colorado, explains how we help you sell your home with ease and confidence in the video below. 👀 Check it out 👀

Want to learn more? Check out our website ➡️ TheCertifiedListing.com.

Posted on August 16, 2017 at 1:41 pm
Fort Collins | Category: For Sellers | Tagged , ,

A Shocking Truth

Here’s a stat that may shock you.

Even in this hot market, all up and down the Front Range, one out of five homes for sale have been sitting on the market for more than 100 days.

When other homes are under contract within days or even hours, 20% sit on the market waiting for a buyer.

Why are these houses not selling? What’s wrong with them?

Perhaps the answer is obvious: the roof is in disrepair, the paint is peeling, weeds have overtaken the yard, a railroad track runs behind the home, the neighbor’s property looks like a junkyard – the list goes on as to the possibilities.

The important lesson for sellers is this- it is the dynamic of price relative to condition which generates offers.

If a buyer visits a home and they are (unpleasantly) surprised by the condition, they will not write an offer. Buyers conjure up a certain expectation of the home based on the marketing and the photography they see online. When the home does not live up to that expectation, the buyer will pass and move on to other options.

Sellers only have a small number of items within their control. Oftentimes the conditions which a buyer may not like cannot be changed by a seller (road noise for instance.)

The one condition a seller can control is price. The price of a home must be aligned with its condition, or the seller risks being one of the unlucky 20% of homes languishing on the market.

We have just completed a comprehensive report about this topic.

The Insider’s Guide to Selling Your Home (without any stress or surprises) is now available for you.

It is hot off the press and you can request a copy by emailing colorado@windermere.com or by calling (970) 460-3033.

Contact us to get your copy immediately so you can see everything you need to know to sell your home in today’s market.

Posted on July 28, 2017 at 4:09 pm
Fort Collins | Category: Northern Colorado Real Estate | Tagged , , , , , ,

Exquisite castle on 2 Acres in Windsor!

Exquisite design features abound in this custom romantic castle on 2 acres!

Savor spectacular views of the front range from master bedroom, balcony, guest room or living room! Unwind in a soundproof study/music room with built in bookshelves and hardwood floors. 3-sided fireplaces in the living room and the master bedroom provide beauty and warmth! Full basement ready for your finishes! Beautiful landscaping designed to provide blooming plants all season complete with automatic irrigation!

For more information, please call (970) 460-3033 or visit http://windermerenoco.com/listing/54093353

Posted on March 2, 2017 at 1:46 pm
Fort Collins | Category: Blog | Tagged , , , , ,

How Interest Rates Impact Your Buying Power

Know your risk. How will your buying power be impacted with increased interest rates?

Check out this infographic for an understanding of how much interest rates affect how much home you can afford.

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Source: www.simplifyingthemarket.com Read the full article here: http://www.simplifyingthemarket.com/en/2016/12/16/the-impact-your-interest-rate-has-on-your-buying-power-infographic/?a=79696-9675764dc3b9cb63398c8d3c043b0717 

 

 

Posted on December 22, 2016 at 2:26 pm
Fort Collins | Category: Blog, Colorado Real Estate, Fun Facts, Mortgage | Tagged , , , , , , , , , , , , , , , , , , , , , , ,

10 Reasons to Sell Your House This Holiday

Waiting for spring to think about selling your house?

You might want to think twice… Check out this video to discover 10 reasons to sell your house this holiday season!

Posted on December 8, 2016 at 12:12 pm
Fort Collins | Category: Blog, Colorado Real Estate | Tagged , , , , , , , , , , , , , , , , ,

The Mountain Market

With fall right around the corner many of us will be trekking up to Estes Park to see the Aspen leaves turning.

As you drive through Estes you may wonder “how’s the mountain market?”

Here are some fun facts about real estate in Estes Park.

  • The average price today is $394,046 – not that different than Fort Collins.
  • Average prices have gone up $60,000 in the last three years.
  • Their market has about 300 sales per year- roughly a tenth of the amount in Fort Collins.
  • If you were looking for a home in Estes between $300,000 and $500,000, you would have 15 to choose from.

Now you know about the Mountain Market!

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Posted on August 12, 2016 at 3:54 pm
Fort Collins | Category: Blog, Fun Facts | Tagged , , , , , , , , , , , , , , , ,

Door Opens for Buyers

After a very active (to say the least) spring and summer, the door has now opened for buyers in our market.

Sell Your Home With EaseBuyers who were frustrated during the first half of the year with low inventory and bidding wars now realize a better environment. It’s time to step off the sidelines and take a fresh look at what the market has to offer.

The first piece of good news is that rates have dropped to near all-time lows. Rates today are 0.6% lower than they were on January 1st. What this means on a $400,000 home with a conventional loan is a monthly savings of $110!

The second piece of good news is that inventory levels are coming up. There are more homes on the market to pick from and lower demand because of seasonal slowing. Months of inventory in Larimer County markets have bounced up 20% to 33%.

 

 

 

Posted on August 5, 2016 at 8:45 am
Fort Collins | Category: Blog, Fun Facts, Mortgage | Tagged , , , , , , , , , , , , , , , ,

Seasonal Slowdown

August marks the end of the busy real estate selling season and the beginning of the traditional seasonal slowdown in our market.car-768711_640

The four months of April, May, June and July tend to produce 45% of the year's total sales. This is based on looking back at 5 years of data.

If 2016 holds true to form, the next five months from now until the end of the year will be progressively slower.

No surprise that December tends to be the slowest month with a third of the number of sales compared to a typical July.

Here's what we will be watching closely over the next few months – is this year's seasonal slowdown "normal", or, because the market has been so hot this year, is it breaking traditional trends.

We will be sure to keep you informed!

 

 

 

Posted on July 29, 2016 at 3:04 pm
Fort Collins | Category: Blog, Fun Facts | Tagged , , , , , , , , , , , , , , , ,

Mis-Match

Our market is under-supplied. Plain and simple. There is a 1 to 2-month supply of homes across Northern Colorado. A balanced market would have 6 months.

So, home builders to the rescue right? Not so fast. Home builders, for various reasons, have a very hard time matching the market.

75% of sales in Northern Colorado are below $400,000. Only 16% of new home inventory in Northern Colorado is below $400,000. That is a mismatch.

Builders are faced with high land costs, high materials cost, high labor costs, high permitting costs and high water costs. It’s pretty much impossible, in most parts of our market, to deliver a new home under $400,000.

So, condominiums to the rescue right? Not so fast. Because of onerous construction defect laws, developers do not want to build multi-family, for sale product. It’s too risky. They’d rather build apartments.

Our market is under-supplied. Plain and simple.

This is really good news if you are a seller who wants to move up. This is especially good news if you are a seller of a condominium.

Contact us to find out what our under-supplied market has done to the value of your home. We’ll put together an Equity Snapshot which will show you, in detail, what your home is worth in today’s market. It’s valuable information to have whether you are thinking of selling or not. Just call 970-460-3033 or e-mail us at fortcollins@windermere.com.

 

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Posted on July 15, 2016 at 8:21 am
Fort Collins | Category: Blog, Fun Facts | Tagged , , , , , , , , , , , , , , , ,