Real Estate Information Archive


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What Is The Cost Of Waiting Until Next Year To Buy?

by Cory Dudley

Over the course of the last 12 months, home prices have appreciated by 7.0%. In that same amount of time, interest rates have remained low allowing many buyers to enter the market.

As a Seller, you may be concerned about ‘short-term price’ – where home values are headed over the next six months. As a Buyer, however, your attention may be more focused on the ‘long-term cost’ of the home.

The Mortgage Bankers Association (MBA), Freddie Mac, and Fannie Mae all project that mortgage interest rates will increase in 2018. According to CoreLogic’s most recent Home Price Index Report, home prices will appreciate by 4.7% over the next 12 months.

What Does This Mean as a Buyer?
If home prices appreciate by 4.7% over the next twelve months, here is a simple chart of the impact an increase in interest rate would have on the mortgage payment of a home selling for approximately $250,000 today:

Bottom Line
If buying a home is in your plan for 2018, doing it sooner rather than later could significantly save you thousands over the terms of your loan.

Millenials Homeownership Rates Increasing

by Cory Dudley



Recent headlines exclaimed the homeownership rate, as reported by the Census Bureau, rose again in the second quarter of 2017. What didn’t get much attention in the reports is that the homeownership rate for American households under the age of 35 increased a full percentage point from last quarter’s 34.3% to 35.3%. Millennials proved to have the highest increase of any age group.

This came as a surprise to some considering Millennials have come to be known as the “renter” generation. However, a new study by First American, 6 Trends Poised to Reshape Homeownership Demand, revealed reasons why homeownership numbers will continue to increase for Millennials.


Millennials are the most educated generation in the U.S.

Why does that matter? First American explains:

“Our model shows that, all other factors being equal, the likelihood of homeownership increases by 3 percent for those that earn a bachelor’s degree over those with a high school degree. The likelihood of homeownership jumps another 3 percent for those that earn a graduate degree.

The more educated, the better the likelihood for homeownership. And, as we mentioned: Millennials are the most educated generation in the U.S.


Homes & marriage go together

Marriage is a key determinate in homeownership. According to an analysis by First American, the homeownership rate is 30% higher among married couples compared to non-married households.

Millennials have put off marriage in the pursuit of higher education. As this group ages, more and more will marry and purchase a home.


Parents buy houses

According to the study:

“The homeownership rate is 1.7% higher for households with one or two children compared to households with no children, and it is 5.4 percent higher for households with three or more children.”

The report goes on to say that as Millennials grow older there may be an increase in not just marriage but also in married couples with children. That will probably also create a “corresponding” increase in homeownership demand.


Wages and the economy

The study goes on to explain that recent gains in income growth and a strengthening economy will also help all generations (including Millennials) be more willing and able to purchase a new home.


Bottom Line

We guess the time has come to announce – Here come the Millennials!!


Congratulations To Our Buyer!

by Cory Dudley


Cory just helped a client and friend close on the perfect place in Aspen Grove Condominiums, Boulder, CO.



I love it when I can help a friend move forward on a purchase that will benefit their lifestyle. We competed against multiple offers in a space that has a very limited supply of affordable condos. Strategic offers, great communication and authentic connections win again! #BringingYouColorado


Congratulations again on your new home!



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. His family includes his wife and daughter, and they feel fortunate to call Longmont their home.

Cory can be reached by mobile at 303.641.8597 or email at


Benefits to Selling Your Home in Winter

by Cory Dudley



Many people believe that trying to sell a home during the winter is much more difficult than any other time of the year. Contrary to that popular belief, there are many benefits and advantages to selling during the cooler months. The truth is that all the driving factors for homebuyers still exist, no matter the time of year; a need to downsize, a new job, a growing family... And colder months can provide sellers the opportunity to slow down a bit. With fewer homes on the market there is less competition, making room for more consideration of offers, inspection items, and everything else.

However, keep in mind that listing during the winter requires different considerations be made when preparing...


1.) Don't forget about the exterior



Just because there may be snow covering up your perfectly manicured lawn doesn't mean you can disregard the exterior of your home. Minor repairs should be taken care of, gutters should be cleared of debris prior to any major snowstorm, and windows freshly washed. Though you cannot paint during the winter, you can certainly power wash siding on a mild day to freshen it all up.

Once again, pay attention to the details. Make sure that your walkway and driveway are shoveled and ice-free for each and every showing - trudging through snow to get to the front door isn't appealing for anyone! Plus, if a visitor slips and hurts themselves, you could be held liable for their injuries.


2.) Decorate the entryway



As long as your wreath left over from Christmas isn't overly holiday-centric, leave it up! Festive garland and greenery adorning the front porch give a welcoming feel. Some ideas that work well into February would be dried berries, corkscrew hazel, red osier branches, sprigs of holly, cedar or pine boughs, magnolia leaves, and even some silver or gold ornaments or ribbon woven through your arrangements.


3.) Protect your floors



Between the snow, mud, ice, and ice melt, your floors can really take a beating if they aren't given special consideration during this time of year. Make sure that you provide a rug at your entryway, and specific instructions that potential buyers remove their shoes upon arrival.


4.) Light candles



It's an effective trick that's used time and time again; candles help to conjure up an emotion, feeling, vibe, sense of rightness... Light fragrant candles or arrange bowls of potpourri in open rooms. Inspire the feeling you want buyers to have when they walk in your home! Another idea that's more holiday specific is to have a pot of apple cider warming on the stove, or a baked good in the oven.

So don't be deterred by the chill in the air! The end of the year is a great time to put your home on the market. Job relocations also occur most in the first quarter, which means that every winter there will be buyers looking for a new home. Because relocated or placed employees often have credited moving expenses, your asking price can hold strong. A good agent will be able to help you target this sort of demographic in your marketing and ensure you have plenty of visitors...

If you'd like guidance in listing your home during the winter, give us a call!



by Cory Dudley



We're all so thrilled to have helped these buyers get into the perfect home - and what a home it is! With gorgeous Colorado views like that, who could ask for more?



Congratulations again - we're happy to have been part of the journey!

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. His family includes his wife and daughter, and they feel fortunate to call Longmont their home.

Cory can be reached by mobile at 303.641.8597 or email at

Call us if you want a 'SOLD' sign in your yard!

Displaying blog entries 1-5 of 5




Contact Information

Cory Dudley
The Winning Team Real Estate Group
522 Kimbark St
Longmont CO 80501
Mobile: (303) 641-8597
Office: (303) 776-4004
Fax: (303) 776-4661