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Christa's HOT PICK for the week! 3119 Lake Park Way, Longmont

by Christa Marsh

My HOT PICK for the week is another one close to McIntosh Lake! With trail systems around the lake, parks, quiet streets, a close proximity to the foothills, Lyons, Estes Park and Rocky Mountain National Park, easy commuting to Boulder down Hwy 36... northwest Longmont is a beautiful and convenient location.


Patio homes are increasingly popular for their easy care along with privacy. 3119 Lake Park Way is a 3 bedroom, 3 bath - 2408 sq ft home, listed at $339,900. The Shores community features a pool & tennis courts as well. This is a gem and won't last longer than the weekend!

The main floor has an open concept with the kitchen open to the living room with cozy fireplace.

loft for project space, study or guest room.

Finished basement with egress windows could easily be turned into additional living space.


A sweet, small backyard with deck and shade trees

I've never been in a Shores patio home that I didn't like. They have comfortable and inviting floor plans and the community and surrounding neighborhoods are welcoming and have an active community.

McIntosh Lake provides views of the mountains, peaceful jogging and walking while watching the geese & eagles and the cattle graze. For those of you with family members looking to move to Longmont, this is the place! Call or email for more info!


As our Lead Buyer's Agent, Christa loves the entire journey of helping Buyers find their perfect home. Professionalism, communication and strong business skills allow her and her clients to rise to the top in this competitive market place.

Christa is a REALTOR® and Lead Buyer's Agent for The Winning Team Real Estate Group. As an Old Town resident, Christa has knowledge of the market and strong relationships in the Real Estate community. With a Sales and Business background and family experience in both Commercial and Residential Contracting, Christa is a well-rounded and informed Full-Time Agent.

In between showings and Closings, Christa enjoys caring for her home in the Historic Westside of Longmont, and playing in the mountains- trail running, skiing and biking. Christa brings 100% to all she does especially to her work! 

 

 

Christa's HOT PICK for the week!

by Cory Dudley

My HOT PICK for the week is 2620 Pheasant Dr. in Longmont. Situated just blocks from McIntosh Lake and Dawson Park, this Northwest Longmont home is has wonderful potential.

The main level has vaulted ceilings, an open floor plan, and a beautiful chef's kitchen for entertaining and Sunday dinners this winter. 

A cozy gas fireplace off the kitchen creates a cozy gathering space for loved ones and guests while you're busy in the kitchen. And beautiful hardwoods tie the space together.

A large, fenced backyard with mature landscaping for gardening, playing catch and pets to run.

And a finished basement complete with egress windows provide even more storage, bedrooms, office or project space. 

Dawson Park and McIntosh Lake are steps away!




Please call, text or email us to see this listing, others similar, or the perfect home for you!

Click for more info on 2620 Pheasant Dr.

Christa Marsh
christa@justlistedcolo.com
303-913-9698


As our Lead Buyer's Agent, Christa loves the entire journey of helping Buyers find their perfect home. Professionalism, communication and strong business skills allow her and her clients to rise to the top in this competitive market place.

Christa is a REALTOR® and Lead Buyer's Agent for The Winning Team Real Estate Group. As an Old Town resident, Christa has knowledge of the market and strong relationships in the Real Estate community. With a Sales and Business background and family experience in both Commercial and Residential Contracting, Christa is a well-rounded and informed Full-Time Agent.

In between showings and Closings, Christa enjoys caring for her home in the Historic Westside of Longmont, and playing in the mountains- trail running, skiing and biking. Christa brings 100% to all she does especially to her work! 

Listing by Steven Noel of ReMax

​Images Courtesy of IRES MLS

Net Worth of Homeowners 44x Greater than Renters

by Cory Dudley

 

 

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago.

The study revealed that the 2016 median net worth of homeowners was $231,400 - a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013).

These numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter!

 

Owning a home is a great way to build family wealth

As we’ve said before, simply put, homeownership is a form of ‘forced savings.’ Every time you pay your mortgage, you are contributing to your net worth by increasing the equity in your home.

That is why, for the fourth year in a row, Gallup reported that Americans picked real estate as the best long-term investment. This year’s results showed that 34% of Americans chose real estate, followed by stocks at 26% and then gold, savings accounts/CDs, or bonds.

 

Greater equity in your home gives you options

If you want to find out how you can use the increased equity in your home to move to a home that better fits your current lifestyle, let’s get together to discuss the process.

 

Thinking of Selling? Competition is Coming!

by Cory Dudley

 

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.7% over last year.

 

How will this impact buyers?

 

More inventory means more options. Danielle Hale, Realtor.com’s Chief Economist, explained this is good news for the housing market - especially for those looking to buy:

"It's not spectacular construction growth, but it's slow and steady in the right direction. Eventually, the pickup in single-family home construction will mean [buyers] will have more options. Especially with the limited number of sales right now, more options are really needed."

 


 

How will this impact sellers?

 

More inventory means more competition. Today, because of the tremendous lack of inventory, a seller can expect:

  1. A great price on their home as buyers outbid each other for it
  2. A quick sale as buyers have so little to choose from
  3. Fewer hassles as buyers don’t want to “rock the boat” on the deal

 

With an increase in competition, the seller may not enjoy these same benefits. As Hale said:

"As new construction continues to increase, home shoppers will eventually have more [choices] and a bit more time to make purchase decisions compared to today's quick-moving housing market."

 


 

Bottom Line

 

If you are considering the sale of your home, it might make sense to beat this new construction competition to the market.

 

Christa's HOT PICK of the Week!

by Cory Dudley

 

My HOT PICK for the week is 242 Stickney Street in Lyons, Colorado!

 

 

Live at the base of the mountains, 30 minutes to Rocky Mountain National Park, 15 minutes to shopping in Longmont, a beautiful commute to Boulder along the foothills highway, MILES and MILES of trails to explore, thousands of acres of Boulder County Open Space, there’s world class BEER here too – you’d be walking distance to Oscar Blues! You’re around the corner from The Stone Cup, the bestest little coffee shop in Boulder County.

Need I say more, it’s front range living at its finest!!!

 

 

Built in 2007, it has the charm of a historic bungalow with none of the older home fixing up. ​

 

 

Beautiful, warm, classy kitchen! You want to cook here! Your house will become the weekend getaway home for all your friends! Maybe that’s a good thing… maybe not…?

 

 

Open floor plan with vaulted ceilings. ​

 

 

3 bright bedrooms all on the main level, updated baths and a fully finished basement. 

 

 

Co​nvenience, charm, location, space! This is a Lyons gem! It won’t last long, but I’d love to check it out with you and then go grab a beer! Let’s do it! 😲 Call, text or email – 303-913-9698​

 


 

(Listed by Gateway Realty Group)

 

 

Christa Marsh is a full time Realtor® and Buyer’s Specialist. From first-time home buyers to seasoned home-buying pros, Christa has all the tools and support to make the process fun, efficient, and most importantly SUCCESSFUL! Call, text or email at christa@justlistedcolo.com | 303-913-9698

 

NEW LISTING.... Modern Meadowview Townhome!

by Cory Dudley

 

Welcome home to 635 Gooseberry Drive #1404!

 

 

This is a beautiful townhome located in the highly sought after Meadowview neighborhood, and is arguably one of the nicest locations within the community. Meadowview is the perfect area for families and people of all ages, and boasts close proximity to schools, coffee shops, microbreweries, restaurants and boutiques! 

 

 

You'll be 'Colorado Living' on this private corner lot, surrounded and secluded nicely by mature landscaping and Evergreen trees. The neighboring greenway provides enjoyable walking trails for everyone in the family (two and four legged members alike...)

 

 

 

A centrally located kitchen creates an open feeling through the living and dining area, perfect for entertaining dinner guests. Lots of natural light to be enjoyed, and a feeling of seclusion from the 2nd floor. 

 

 

All the kitchen appliances are included in the sale, making for an especially simple move-in. Adding to the comfortable feel of this area in the home are the vaulted ceilings and generous kitchen island!

 

 

The south-facing balcony off of the dining area can be enjoyed during any season, especially for the seasoned Coloradoan! Admire the snow falling, sip coffee on a fall morning or soak up the sun during summer months. 

 

 

 

Head upstairs and you'll find the master bedroom, complete with a large walk-in closet. The attached 'master retreat' could be your next yoga room or office space/study....

 

 

Two full bathrooms match the bedrooms, with one on each floor, and simple finishes give a bright feeling. 

 

 

Keep the car dry during the winter months in the 1 car detached garage...

 

Showings begin on 9/30 at 11:00 am but if you can't wait till then to get a closer look.... Click below for the virtual tour! 

 

 

CALL US if you want a 'SOLD' sign in your front yard! 

 

 

Cory feels blessed and honored to be a top producing, full-time real estate broker and business owner in  beautiful Colorado. He gives everything he has to fulfilling his client’s dreams of home ownership - and it’s a privilege he doesn’t take lightly. 

Cory can be reached by mobile at 303.641.8597 or email at cory@justlistedcolo.com.

 

 

Cory's HOT PICK of the Week!

by Cory Dudley

 

Cory's HOT PICK is 1612-1618 Green Place; 1977 four-plex located on the SW edge of Old Town Longmont. The location near downtown and beautiful historic neighborhoods simply can't be beat, making this is a solid investment opportunity...

 

 

 

The quiet location on a cul-de-sac means no through traffic and ample parking, including the 8 off-street parking spaces that belong to the property.

 

 

Each unit has a garden level basement, central A/C and an outdoor yard area. Three of the units also include a private storage shed

 

 

 

Units 1616 and 1618 have been significantly renovated and updated, and the building received a new roof in 2014. Landscaping work at included a new sprinkler system to help care for the mature trees

 

 

 

 

The market for multi-family investment properties has never been stronger! Well cared for properties are selling within days to savvy investors and this one is no exception... The future potential cash-flow is solid on this well maintained four-plex, and it's located in one of the hottest trending areas of town.

 

We see nothing but upside on this investment!

 

(Listed by WK Real Estate)

 

Give me a call to schedule a private showing...

 

 

Cory feels blessed and honored to be a top producing, full-time real estate broker and business owner in  beautiful Colorado. He gives everything he has to fulfilling his client’s dreams of home ownership - and it’s a privilege he doesn’t take lightly. 

Cory can be reached by mobile at 303.641.8597 or email at cory@justlistedcolo.com.

 

 

5 Reasons to Sell this Fall!

by Cory Dudley

 

 

Here are five reasons listing your home for sale this fall makes sense....

 

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market.

 

2. There Is Less Competition Now

Housing inventory is still under the 6-month supply that is needed for a normal housing market.

This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon.

Historically, the average number of years a homeowner stayed in their home was six, but that number has jumped to an average of almost nine years since 2008. There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

The choices buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell.

 

3. The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to 43 days, after seeing a 12-month high of 48 days in January.

 

 

4. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move-up! The inventory of homes for sale at these higher price ranges has forced these markets into a buyer’s market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly AND you’ll be able to find a premium home to call your own!

Prices are projected to appreciate by 5.0% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

 

5. It’s Time to Move on With Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.

 

That is what is truly important.

 

Buyers Need Your Home!

by Cory Dudley

 

 

The biggest challenge in today’s real estate market is a lack of housing inventory. How big of a challenge is the housing shortage? Here are what four industry economists are saying on the issue (emphases added):

 

Mark Fleming, First American’s Chief Economist

“The underlying fundamental issue is an overwhelming lack of supply… The supply of newly constructed homes is also sagging, adding to the supply challenges. Over the last eight years, housing demand has increased by 5.9 million, but the net new number of housing units has only increased by 3.5 million.”

 

Svenja Gudell, Zillow’s Chief Economist

“Everyone has been talking about tight inventory but I think we are OK calling it a straight up inventory crisis at this point. We just don’t have enough homes.”

 

Sean Becketti, Freddie Mac’s Chief Economist

“House prices today are higher than they were at the peak in the summer of 2006, near-record-low mortgage rates have boosted housing demand, and sales volume is robust. The spoiler is the lean inventory of houses for sale.”

 

Lawrence Yun, National Association of Realtors’ Chief Economist

“Listings in the affordable price range continue to be scooped up rapidly, but the severe housing shortages inflicting many markets are keeping a large segment of would-be buyers on the sidelines.”

 

Bottom Line

If you are considering selling your house soon, GIVE US  CALL. Now is the perfect time to get on the market; the lack of competition will likely lead to a faster sale at a higher price!

 


4 Reasons to Buy This Fall...

by Cory Dudley

 

 

It’s that time of year; the seasons are changing and with them come thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence about whether or not now is the right time to buy don’t have to look much further to find four great reasons to consider buying a home now, instead of waiting.

 

1. Prices Will Continue to Rise

 

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.4% over the next year. The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report projects home values to appreciate by more than 3.5% a year for the next 5 years.

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

 

2. Mortgage Interest Rates Remain at Historic Lows

 

Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have remained at or below 3.5% for 13 consecutive weeks. The Mortgage Bankers Association, Freddie Mac & the National Association of Realtors are in unison, projecting that rates will increase by this time next year.

Any increase in rates will impact YOUR monthly mortgage payment. A year from now, the percentage of your income that you spend on housing will increase substantially if you choose to wait.

 

3. Either Way You Are Paying a Mortgage

 

Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage - either your mortgage or your landlord’s. As a paper from the Joint Center for Housing Studies at Harvard University explains:

 

“Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.”

 

4. It’s Time to Move on with Your Life

 

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide whether it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer or you just want to have control over renovations, maybe now is the time to buy.

 

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

 

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