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Congratulations to the Sellers & Buyers

by Cory Dudley

It's official!


Congratulations to both the Sellers and the Buyers

We look forward to see you at closing and thank you for your trust

Do you want to see a SOLD sign on your front lawn?

Give us a call - we'd be happy to help!

This week's HOT BUY: 1624 Foster Drive, Longmont, CO

by Cory Dudley

We think this is a Great Buy - Niwot High School district, Walk to Oscar Blues and the new mall, Coffee Shops and more!

Well-maintained 4 bedrooms, 3 bath home with many updates.

New kitchen with granite counters and stainless steel appliances.

Features include:  Oak floors. Lots of closets. Fireplace. Dining nook overlooking Family Room.

Deep 2 car garage with a new insulated door & 10'+ ceilings. Roof is 3 years new with a 50 year warranty.

Colorful garden will impress when it blooms.

Great nearby trails and within 15 mins of Boulder, new Twin Peaks Mall, Hwy 25 and so much more.

Best deal in Longmont & Boulder County.

listed by Coldwell Banker Residential Brokerage


No Matter Which Groundhog You Listen to, You Should Sell Before Spring! | Keeping Current Matters

Is spring closer than we think? Depending on which Groundhog you witnessed last week, you may have less time than you think to get your home on the market before the busy spring season.

Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally increases at that time of year. However, the next six weeks before spring hits also have their own advantages.

Here are five reasons to sell now. 

1. Demand is Strong

Foot traffic refers to the number of people out actually physically looking at homes right now. The latest foot traffic numbers show that buyers are still out in force looking for their dream home. These buyers are ready, willing and able to buy…and are in the market right now!

Take advantage of the strong buyer activity currently in the market. 

2. There Is Less Competition Now

Housing supply just dropped to 3.9 months, which is well under the 6 months’ supply that is needed for a normal housing market. This means, in many areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory is about to come to market.

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. Homeowners are now seeing a return to positive equity as real estate values have increased over the last three years. Many of these homes will be coming to the market in the near future.

Also, new construction of single-family homes is again beginning to increase. A study by Harris Poll revealed that 41% of buyers would prefer to buy a new home while only 21% prefer an existing home (38% had no preference).

The choices buyers have will increase in the spring. Don’t wait until all this other inventory of homes comes to market before you sell.

3. The Process Will Be Quicker

One of the biggest challenges of the housing market has been the length of time it takes from contract to closing. Banks are requiring more and more paperwork before approving a mortgage. There is less overall business done in the winter. Therefore, the process will be less onerous than it will be in the spring. Getting your house sold and closed before the spring delays begin will lend itself to a smoother transaction.

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

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by 5.4% over the next 12 months 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. You can also lock-in your 30-year housing expense with an interest rate below 4% right now. Rates are projected to rise by three-quarters of a percent by the end of 2016.

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 back 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.


Thinking of Selling? Why Now May Be The Time

by Cory Dudley

 

Thinking of Selling? Why Now May Be The Time | Keeping Current Matters

It is common knowledge that a large number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their home on the market until then. The question is whether or not that will be a good strategy this year.

The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring, as compared to the rest of the year? The National Association of Realtors (NAR) recently revealed which months most people listed their home in for 2015. Here is a graphic showing the results:

2015 Popular Selling Months | Keeping Current Matters

The three months in the second quarter of the year (represented in red) are consistently the most popular months for sellers to list their homes on the market. Last year, the number of homes available for sale in January was 1,860,000.

That number spiked to 2,280,000 by May!

What does this mean to you?

With the national job situation improving, and mortgage interest rates projected to rise later in the year, buyers are not waiting until the spring. They are out looking for a home right now. If you are looking to sell this year, waiting until the spring to list your home means you will have the greatest competition for a buyer.

Bottom Line

It may make sense to beat the rush of housing inventory that will enter the market in the spring and list your home today.


A Million+ Boomerang Buyers about to Enter Market

by Cory Dudley

A Million+ Boomerang Buyers about to Enter Market | Keeping Current Matters

TransUnion recently released the results of a new study titled The Bubble, the Burst and Now - What Happened to the Consumer? The study revealed that 1.5 million homeowners that were negatively impacted by the housing crisis could re-enter the housing market in the next three years.

TransUnion defined “negatively impacted” as…

“…those who were 60+ days past due on a mortgage loan, lost their mortgage through foreclosure, short sale or other non-satisfactory closure, or had a mortgage loan modification between the Bubble and Burst.”

Other interesting findings in the study:

  • During the mortgage bubble in 2006, 78 million consumers, or 43% of credit-active consumers in the U.S., had a mortgage
  • More than 8% of these consumers were “impacted”
  • 5 Million consumers will again be eligible for a mortgage in the next four years

Here are the numbers of consumers who will meet mortgage guidelines over the next four years:

Boomerang Buyers Re-Entering The Market | Keeping Current Matters

Bottom Line

If you are a family that experienced the impact of the last housing crisis, now may be the right time to again buy your own home.


This week's HOT BUY is 1529 Stones Peak Drive, Longmont, CO

by Cory Dudley

Watch the eagles fly in front of snowcapped peaks from this perfect home backing to open space.

Cherry cabinets, slab granite counters/backsplash, island & wood floors in kitchen.

Soaring vaults & a wall of west facing windows in the family room.

3 bedrooms up plus a loft that can easily be a 4th bedroom with a Jack & Jill bath.

Main floor study with adjacent full bath.

Deck with retractable awning overlooking landscaped yard.

Close to all 3 schools, trails, open space & Lagerman Reservoir.

asking $650,000

offered by:RE/MAX OF BOULDER, INC


Are You Wondering What It Takes To Buy Your First Home?

by Cory Dudley

Are You Wondering What It Takes To Buy Your First Home? | Keeping Current Matters

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still others might think their current income would never enable them to qualify for a mortgage.

We want to share what the typical first time homebuyer actually looks like based on the National Association of REALTORS most recent Profile of Home Buyers & Sellers. Here are some interesting revelations on the first time buyer:

First-Time Homebuyer Statistics | Keeping Current Matters

Bottom Line

You may not be much different than many people who have already purchased their first home. Meet with a local real estate professional today who can help determine if your dream home is within your grasp.


This week's HOT BUY! 417 Emery Street-Longmont, CO

by Cory Dudley

Ideal Old Town Longmont historical east side location!

You will love the quaint, quiet neighborhood that is close to shops on main street and schools.

You are welcomed into this beautiful home via the serene front porch setting.

The open floor plan guides you through the bright living area with gleaming hardwoods. Immediately upon entering your eyes will be drawn to the modern fireplace. Along with the many updates, and ultimate entertaining floorplan, this home boasts a huge open kitchen. With new appliances and tons of storage, this a kitchen fit for a king.

Neutral paint tones in bedrooms and baths give a clean, crisp feel. You will be wowed by the large master bedroom and master bath with sophisticated upgrades.

Invite family and guests over to enjoy your big back yard featuring a sandbox, wood patio, and a stamped concrete patio.

Great neighbors!

Asking $400,00

Offered by: Keller Williams Advantage Realty LLC


Time Saving Tips for Moving Day

by Cory Dudley

Dreading Moving Day? Most people do, but we’ve found that planning your move well in advance can make things go much smoother. It’s also important to know what to expect on moving day itself.


 “Last Load” box – Save back a large box for daily-used items that will need to come out first at the new home. Use this box for stripping your bedding the morning of your move. Also use this box for the alarm clocks, daily medications, 2 or 3 towels and wash cloths, paper towels and window cleaner.

Prepare the necessary rooms – If possible, clean and set-up the basics in the kitchen and bath areas before the big day. Place necessities in an obvious location – plastic cutlery, cups and plates and paper towels on the kitchen counter. Your bath should have soap, paper towels, toilet paper and a first aid kit available.

Clear a path – Keep packed boxes in a room close to the door but out of the way. Keep an eye out for any obstacles that could block carried furniture such as railings or fence gates and temporarily remove them if necessary. Place non-slip rugs in any high traffic areas that could be potentially dangerous.

Call the sitter – It is best to leave small children and pets with a friend or sitter during the confusion and bustle of the move itself. At a minimum, your family pet should be confined, as even the nicest of animals can find a way to be dangerous underfoot.

Keep everyone refreshed – Whether you’re using professional movers or family and friends, make sure that everyone is comfortable and hydrated. If it is a hot day, provide lots of cold beverages and snacks. On cold days, offer hot chocolate or coffee. Ordering pizza for lunch is a nice way to show everyone you appreciate all the hard work.

Keep neighbors (old and new) happy – Keep the moving truck from blocking other driveways or mail box delivery, and make sure no one walks through your neighbor’s lawn or flowerbeds. Move during the day to avoid disturbing the neighborhood.

Last walk-through – Be sure to leave your old house as clean as you’d hope to find your new one. Check one last time for any forgotten items, and then lock all doors and windows.

Coordinate your move – If using professional movers, ask any remaining questions, finalize all contact information, and sign both the bill of loading and inventory sheet after careful review. Go over the destination address and projected route, as well as expected travel time.


We hope these tips help you as you near your own moving day. You’ll also find more resources for relocation on our website, www.winningteamrealestategroup.com

If you have questions about moving, building, selecting your first home or moving up to your next home, contact us here at The Winning Team Real Estate Group at Old Town Real Estate.


Who Cares About Lead Based Paint?

by Cory Dudley

You’re looking at older homes and your agent keeps telling you about the dangers of lead based paint. Well, if paint with lead in it hasn’t been used since 1978, and the home has been recently painted or remodeled, what’s the deal?

Fact is, in older homes, the possibility of renovation can expose you (literally) to hazards you have never imagined. During the course of tearing down some of the remaining structure (or scraping and repainting the exterior or interior of a home), paint chips tainted with lead may very well come in contact with you or your loved ones. Small children, who unknowingly gnaw on window sills or lick window blinds, incur risk of lead poisoning. Also at risk are pets that are allowed to roam or play in dilapidated rooms or areas under reconstruction.

For more information on detecting and preventing lead poisoning, including other potential deadly sources of lead in your home, contact your local health department or follow this link: http://www.hud.gov/offices/lead/library/enforcement/pyf_eng.pdf

If you need more information for your home search or have questions about moving, building, selecting your first home or moving up to your next home, contact The Winning Team Real Estate Group!

 


Displaying blog entries 1-10 of 59

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