If you recently received your 2023 Real Property Notice of Valuation from the Larimer County Assessor, let me help you recover from the shock. Larimer County Assesses every property in the county every two years and recently mailed new valuations as of January 1, 2023. They looked back at comparable property sales from July 1, […]
CHANGE IS GOOD, RIGHT?
You may have heard the saying, “The only thing constant is change”. Things change all the time, but is it always good? As I write this on my laptop computer, I am reminded about how that has changed over time. Just as I figure out how to use the latest version of Windows, there is […]
Financial Market Moment
If you are interested in purchasing a home you should be getting ready to make a move on property. After a month of mortgage rates being stuck in a very narrow range, they are poised for a break out and indicators hint that it would be a break lower. Rates are already remarkably low, but […]
SHOULD YOU PAY FULL ASKING PRICE FOR YOUR NEW HOME?
So far in 2019, single-family homes in Estes Park are selling for 97% of listing price. During the same period last year, homes sold for 98% of asking price. The period between when a home goes on the market and it sells is called “Days on Market” (DOM). During this period in 2018, the average […]
LOOKING FORWARD TO 2019
The Estes Valley Board of Realtors has just released their 2018 report that I use to spot trends in the market. When I get these reports my accounting background comes roaring to the forefront and I pour over the numbers. Based on the report this is my read on the local real estate market. The […]
MASTER CERTIFIED NEGOTIATION EXPERT
There are many certifications and designations that Realtors® can earn from a variety of sources like the National Association of Realtors, The Colorado Association of Realtors, The Institute for Luxury Home Marketing and even through national brands like Coldwell Banker. Certifications and designations include Accredited Buyer Representative, Certified Residential Specialist, Graduate Realtor Institute, Quality Service […]
THE DANGERS OF OVERPRICING
When it comes to getting the most money for your home with the least headaches in the shortest amount of time, nothing can stop that process faster than overpricing. In fact, it’s the number one reason houses don’t sell. Timing is everything: Very often a seller asks, “We can always come down later – right?” Historically […]
REAL ESTATE NEWS OCTOBER 2018
As we get in the swing of fall our real estate market is following its typical fall slow down. However, we are seeing indications that our overall market may be shifting away from its excessive growth pattern. Nationally and locally we are seeing an increase of homes on the market and a gradual decrease in […]
YEAR END 2017
How’s The Market? “How’s the real estate market?” is a question I frequently get asked. The best answer is “it depends.” Variables like location, condition of the home, the competition, price and current market conditions come into play. Most of the time the question is referring to current market conditions. There may be that little […]
YEAR END 2016
The numbers are in…. I am a self-admitted numbers geek. After all, I did accounting work for 30 years before moving to paradise nine years ago and becoming a Real Estate Advisor. I like to use the numbers from the Estes Park Board of Realtors to track the real estate market indicators. They encompass the […]