Kensington South Beauty

2738 Nottingham Sq is a fantastic 5-bedroom home in Central Fort Collins‘ popular Kensington South neighborhood! Your new home features a spacious kitchen with classic wood cabinetry and tile floors, opening to the family room with fireplace. Large living room with vaulted ceiling and separate step-up dining room with wood floor. Main level office. Upstairs, you’ll find a huge primary suite with a 5-piece bath, along with three other bedrooms. The mostly finished basement boasts a large rec room, bedroom, bath and tons of storage. Relax or entertain on the enclosed back porch overlooking the fully landscaped back yard with huge trees. Fantastic community green space right out the front door! Close to CSU, Rocky Mountain High School, Rolland Moore Park and so much more this amazing part of town has to offer! Excellent home and tremendous value!

Contact Jon Holsten at (970) 237-2752 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/133948779

 

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Words Matter

A common phrase that is being used right now to describe the market is ‘no inventory.’

‘There’s no inventory’ is said frequently among those inside and outside of the real estate industry.

The problem with this phrase is that it is untrue.

There is inventory.  Meaning, there are a significant number of new listings hitting the market.

However, there is low standing inventory.  Meaning, the listings that do hit the market don’t stick around for very long before they are purchased.

Standing inventory, which is the number of active properties on the market, is down roughly 70% along the Front Range.

However, the number of new listings coming on the market is essentially:

  • Double compared to December 2020
  • Only 20% to 25% less than this time of year in 2017, 2018, and 2019

So, there is inventory available, it just sells quickly because demand is historically high right now.

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Lakemont Condo!

2840 W 21st St #6 is a fabulous three-bedroom condo in Greeley’s coveted Lakemont community! Featuring a wide-open floor plan with separate dining and living areas, this end-unit home boasts a spacious, updated kitchen with newer appliances. Upstairs, you’ll find three sprawling bedrooms with tons of closet space and updated bath. Newer gas furnace/AC, water heater and high efficiency Andersen windows. Attached 1 car garage and private back patio opening to community green space. Super close to parks, a grocery store, schools and most any service this great community has to offer!

Contact Jon Holsten at (970) 237-2752 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/133876432

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10 Tips for Sustainable Gardening

It’s the time of the year that many homeowners start spending more time in the garden. Having a healthy garden is one of the best ways to create a sustainable home and reduce your household’s carbon footprint. Here are some eco-friendly tips that will help to make your garden even more sustainable.

 

1. Compost Your Waste

Composting, which puts your natural waste to good use, is the cornerstone of any sustainable garden. All grass clippings, dead leaves, plants, flowers, and the like are rich in nutrients. By composting, you provide your garden with a natural fertilizer, free of contaminants. Not only will this provide nourishment, but it will also help to produce healthier and tastier food.

 

2. Mulching

If having a sustainable garden is your goal, it’s important to treat your soil with care. Mulching enriches the soil and ensures it’s as healthy as can be. Mulch conserves the moisture in your soil, ensuring it won’t dry out. It also reduces weed growth and naturally moderates the temperature of the soil. Mulching can cover either bare soil or freshly planted food and flowers.

 

3. Garden Design

It’s natural to want to accentuate the beauty of your garden when designing it, but the sustainable gardener will prioritize giving plants what they need. Take into consideration which plants need direct access to sunlight, which need the most space in the garden, and any special requirements a plant may need to inhabit optimal growing conditions.

 

4. Use Natural Weed Killers

One of the pillars of organic gardening is to reduce the use of chemicals whenever and wherever possible. Homemade recipes involving vinegar and corn gluten meal are effective substitutes for harmful, chemical-based weed killers. Whichever method you choose, it’s important to weed by hand often.

 

5. Use Water Efficiently

Substantial watering is critical to keeping your garden healthy, but overwatering is a common practice and leads to an unsustainable garden. Research the amount of water your plants and flowers need to make sure you aren’t overwatering. If you live in a rainy climate, rain barrels are a useful tool as their function is to catch and conserve the water from your downspouts.

 

6. Animal Manure

For a more sustainable garden and even healthier soil, consider adding animal manure. Chicken, sheep, and cow manure are all popular choices. Rich in nutrients, it can be used both as a fertilizer and as a soil conditioner. Make sure the manure you purchase is free of pathogens and ask about the recommended window of time from application to harvest before you begin using it.

 

7. Go Local

Planting natively is a fast ticket to sustainable gardening. Native plants are innately acclimated to local climate conditions, making them easier to grow and maintain. Native plants often require less water to grow due to their familiarity with the soil and rainfall in your region, which cuts down on your garden’s total water intake.

 

8. Collect Dried Seeds

Believe it or not, you can save your seeds and sow them next year. Wait until the seed is fully ripe before you collect it. It’s important to gather seeds when the weather is dry and to store them in a dry place. To produce healthy plants in the future, the seed must be completely dry.

 

9. Control Garden Slugs

Slugs are known to wreak havoc on gardens, eating through leaves and fruit, leaving a trail of destruction. There are many ways of controlling slugs in your gardens, but some may do more harm than good. If you choose to use slug bait, go organic. Many slug baits contain chemicals that are highly toxic to other animals.

 

10. Replace Your Gas Mower

How else can you reduce your garden’s carbon footprint? Replace your gas mower with a more sustainable alternative. Electric mowers and push mowers are functional and more eco-friendly replacements. For added sustainability, consider replacing your other gas-powered equipment, such as trimmers and leaf blowers.

The post 10 Tips for Sustainable Gardening appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

10 Tips for Sustainable Gardening

It’s the time of the year that many homeowners start spending more time in the garden. Having a healthy garden is one of the best ways to create a sustainable home and reduce your household’s carbon footprint. Here are some eco-friendly tips that will help to make your garden even more sustainable.

 

1. Compost Your Waste

Composting, which puts your natural waste to good use, is the cornerstone of any sustainable garden. All grass clippings, dead leaves, plants, flowers, and the like are rich in nutrients. By composting, you provide your garden with a natural fertilizer, free of contaminants. Not only will this provide nourishment, but it will also help to produce healthier and tastier food.

 

2. Mulching

If having a sustainable garden is your goal, it’s important to treat your soil with care. Mulching enriches the soil and ensures it’s as healthy as can be. Mulch conserves the moisture in your soil, ensuring it won’t dry out. It also reduces weed growth and naturally moderates the temperature of the soil. Mulching can cover either bare soil or freshly planted food and flowers.

 

3. Garden Design

It’s natural to want to accentuate the beauty of your garden when designing it, but the sustainable gardener will prioritize giving plants what they need. Take into consideration which plants need direct access to sunlight, which need the most space in the garden, and any special requirements a plant may need to inhabit optimal growing conditions.

 

4. Use Natural Weed Killers

One of the pillars of organic gardening is to reduce the use of chemicals whenever and wherever possible. Homemade recipes involving vinegar and corn gluten meal are effective substitutes for harmful, chemical-based weed killers. Whichever method you choose, it’s important to weed by hand often.

 

5. Use Water Efficiently

Substantial watering is critical to keeping your garden healthy, but overwatering is a common practice and leads to an unsustainable garden. Research the amount of water your plants and flowers need to make sure you aren’t overwatering. If you live in a rainy climate, rain barrels are a useful tool as their function is to catch and conserve the water from your downspouts.

 

6. Animal Manure

For a more sustainable garden and even healthier soil, consider adding animal manure. Chicken, sheep, and cow manure are all popular choices. Rich in nutrients, it can be used both as a fertilizer and as a soil conditioner. Make sure the manure you purchase is free of pathogens and ask about the recommended window of time from application to harvest before you begin using it.

 

7. Go Local

Planting natively is a fast ticket to sustainable gardening. Native plants are innately acclimated to local climate conditions, making them easier to grow and maintain. Native plants often require less water to grow due to their familiarity with the soil and rainfall in your region, which cuts down on your garden’s total water intake.

 

8. Collect Dried Seeds

Believe it or not, you can save your seeds and sow them next year. Wait until the seed is fully ripe before you collect it. It’s important to gather seeds when the weather is dry and to store them in a dry place. To produce healthy plants in the future, the seed must be completely dry.

 

9. Control Garden Slugs

Slugs are known to wreak havoc on gardens, eating through leaves and fruit, leaving a trail of destruction. There are many ways of controlling slugs in your gardens, but some may do more harm than good. If you choose to use slug bait, go organic. Many slug baits contain chemicals that are highly toxic to other animals.

 

10. Replace Your Gas Mower

How else can you reduce your garden’s carbon footprint? Replace your gas mower with a more sustainable alternative. Electric mowers and push mowers are functional and more eco-friendly replacements. For added sustainability, consider replacing your other gas-powered equipment, such as trimmers and leaf blowers.

The post 10 Tips for Sustainable Gardening appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Loveland Gem!

922 Paloverde Dr is a unique brick home in the heart of Loveland. 4 bedroom, 2 bathroom home with a second kitchen and second washer/dryer included, making for ideal multi-generational home or roommate situation. Amazing four season sunroom with pre installed and elevated drip lines, perfect for anyone with a green thumb. Huge, well manicured, and landscaped private backyard with 3 custom outdoor tool sheds that backs up to a greenbelt. Oversized one car garage with additional RV parking on side. NO HOA! Pre-inspected and 1 year Home Warranty Provided. Contact Meagan Griesel at (970) 691-0056 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/133566543

 

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Calculated Risk

The economic research blog called “Calculated Risk” just completed a fascinating study on home prices.

Specifically, they looked at the correlation between home price growth and inventory.

They used price data from the Case-Shiller Home Price Index and inventory data from the National Association of Realtors.

No surprise, they found that the lower the inventory the higher the home price growth.  Also no surprise, as inventory goes up, price growth slows down.

This all correlates with simple economic rules of supply and demand.

The interesting part of their research is this:  at a certain level of inventory, prices have the potential to go down.

That level, according to their research, is six months of inventory.

That means, prices don’t have a chance of decreasing in a market until there is at least 6 months of inventory available for sale.

To put that in perspective, today there is two weeks of inventory on the market along the Front Range.

So, there would need to be 12 times the amount of homes for sale on the market for prices to even have a chance to go down.

The post Calculated Risk appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Millennium Beauty!

903 Pyxis Dr is a fabulous three-bedroom home backing to open space in Loveland’s coveted Millennium neighborhood! Featuring a great room concept with a high ceiling and fireplace, your new home boasts a large kitchen with granite slap counters, espresso cabinets, wood floors and plenty of storage! On the second level, you’ll find the sprawling primary suite with gorgeous bath, two more bedrooms and a large loft overlooking the great room. Entertain or relax on the fantastic back patio under the pergola; taking in the beautifully manicured back yard with trees galore. Three-car garage and full unfinished basement for future expansion. An amazing home and excellent value! Contact Jon Holsten at (970) 237-2752 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/133437424

The post Millennium Beauty! appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Millennium Beauty!

903 Pyxis Dr is a fabulous three-bedroom home backing to open space in Loveland’s coveted Millennium neighborhood! Featuring a great room concept with a high ceiling and fireplace, your new home boasts a large kitchen with granite slap counters, espresso cabinets, wood floors and plenty of storage! On the second level, you’ll find the sprawling primary suite with gorgeous bath, two more bedrooms and a large loft overlooking the great room. Entertain or relax on the fantastic back patio under the pergola; taking in the beautifully manicured back yard with trees galore. Three-car garage and full unfinished basement for future expansion. An amazing home and excellent value! Contact Jon Holsten at (970) 237-2752 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/133437424

The post Millennium Beauty! appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

What is a Seller’s Market?

When the housing market favors sellers, a seller can expect ideal conditions for selling their home. However, that’s not to say that a seller’s market doesn’t come with its own unique set of challenges for parties on both sides of the transaction. That’s why it’s critical for buyers and sellers to work with an agent who not only understands their wants and needs but who can also help them navigate highly competitive market conditions.

What is a Seller’s Market?

A seller’s market occurs when demand exceeds supply. When inventory is limited, competition amongst buyers is fierce. Median sales prices increase, days on market decrease, and homes commonly receive multiple offers, often over their original asking price.

Selling in a Seller’s Market

Though demand is high in a seller’s market, staging and making any necessary repairs are still important steps to take before hitting the market. An agent can help a seller make important decisions about which repairs and updates help add value to the home.

When it comes to offers and negotiations in a seller’s market, sellers have the leverage. It’s common for homes to fetch more than their asking price with multiple offers on the table. Though prices are being driven up by demand, a seller may choose to list their home at or just below fair market value with the hopes of starting a bidding war. Because competition is so high, buyers may be willing to waive an inspection contingency to help make their offer stand out. Agents can help sellers decide whether they should conduct a pre-listing inspection, which sometimes helps the seller get more offers and command a higher price.

With multiple offers on the table, it may be tempting to simply choose the one with the highest figure; however, the best offer is also the one that removes risk and aligns with the seller’s goals. Whether that entails waived contingencies, a shorter closing window, or an all-cash offer, in a seller’s market, the seller has the power to choose. Sellers should fully review each offer with the help of their agent before proceeding.

Buying in a Seller’s Market

Buyers in a seller’s market must act fast. Due to the high level of competition, they must be prepared for a frustrating scenario where their offers may not win out. This emphasizes the importance of working with a buyer’s agent. In a seller’s market, it’s more likely that the buying process will include such factors as seller review dates and escalation clauses. A buyer’s agent will help navigate these challenges while working with their client to make their offer stand out. They will formulate a strategy, comparing their client’s wish list and budget against the limited number of homes available and proceeding accordingly. A buyer’s agent will also set the expectation that, due to the competitive nature of the market, finding the right home may take longer than expected.

In a seller’s market, the buyer is at a disadvantage when it comes to negotiations. The chance of getting a contingent offer is minimal and pushing for certain closing dates and specific repairs may do more harm than good to their offer. A cash offer has significant power in a seller’s market. If a buyer can make a cash-heavy or even all-cash offer, it is likely to stand out to the seller. It gives the buyer more buying power and greatly increases their chances of winning a bidding war.

For more information on the conditions of your local market, visit our website for Quarterly Real Estate Market Updates from our Chief Economist, Matthew Gardner. For assistance planning a home sale or purchase, connect with a Windermere Real Estate agent here: Connect With an Agent

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