A Closing Window

For home sellers who would like to move to a new home this year, there is a window of time that is closing as we head into the Fall months.

 

Most people know that the Spring and Summer are the most active months for real estate and that activity trails off into the Fall and Winter.

Here are the specific numbers behind this…

The number of homes sold along the Front Range in November tends to be between 15% and 29% lower than September.

That means the best window of time for current sellers to obtain a contract from a buyer and close by the end of the year will occur over the next 45 days.

For sellers who have homes on the market today, it is time to ensure that:

  • The home is priced right versus the competition
  • All of the marketing elements are in place
  • It is easy for a buyer to make an offer on the home

 

 

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Great Investment Property in Fort Collins!

Do you want an investment property with an amazing central Fort Collins location, new exterior paint, and fresh landscaping? Well you’ve found it! This property at 400 West Swollow Road in Fort Collins is pre-leased for $1900 per month until July of 2020. Has great potential past that for an owner occupant or continue to take advantage of the location close to the Max and the new Foothills mall to get premium rents! Contact Paul Hunter at (970) 673-7285 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/99194173

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Fantastic Half Duplex in Rigden Farm in Fort Collins!

This home at 2602 Canby Way unit B in Fort Collins features a sprawling living room with three sided fireplace, main floor master suite with a 5 piece bath, and a large kitchen with eat-in dining. Walk-out basement with large kitchenette, rec room, bedroom and bath! Brand new roof, new furnace, new AC, newer carpet and paint. An excellent centrally located home and terrific value! Contact Jon Holsten at (970) 237-2752 for your private showing for more information or click the link below for more details.

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How Much?

So how much real estate is sold in Northern Colorado?

As it turns out, a lot!

Last month alone there were 1,099 single family homes that sold in Larimer and Weld Counties

The average price was $429,144 which means the total sales volume for one month was $471,629,129 (almost a half a billion)!

Over the last 12 months, just over $4.5 billion worth of single-family homes have sold.

That’s a lot of real estate!

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Gorgeous Two-Story Home in Timnath!

This home at 5684 Connor Street in Timnath in pristine condition features a main floor guest suite and a gourmet chef’s kitchen with granite counter-tops, stainless steel appliances, 36″ gas cook-top and hood. Upstairs features a master’s retreat with a sitting room, 5-piece bathroom suite, dual walk-in closets and views of the greenbelt and mountains. The great room and open kitchen layout allow space to entertain and enjoy the outdoors with an over-sized covered patio. Contact Chris Guillan at (970) 310-9357 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/98981507

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Beautiful Two-Story Home in Fort Collins!

This beautiful home at 3915 Oak Shadow Way in the very desirable Mcclellands Creek neighborhood in Fort Collins has plenty of finished space with room to grow. This home has plenty to offer including a beautiful gourmet kitchen, a “Mother-In-Law” suite on the first floor, first floor office and a second floor loft. Enjoy the custom back patio and the gas fire-pit! Contact Lindsey Crisanti at (970) 420-4498 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/98927154

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On Sale

With interest rates so low, one could argue that money is essentially on sale.

It’s actually half off.

30-year mortgage rates hit 3.75% which is exactly half of their long term average.

Rates have averaged 7.5% over the last 40 years so today buyers are getting half of that rate.

The “sale” on mortgage rates creates a significant savings in monthly payment because of the 1%/10% rule.

For every 1% change in interest rate, the monthly payment will change roughly 10%.

So when rates go up to 4.75%, a buyer’s payment will be 10% higher.

For example, the principal and interest payment on a $400,000 home with a 20% down payment at today’s rates is $1,482.

If rates were 1% higher, the payments jump up to $1,669.

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Charming Second Floor Condo in Loveland!

This charming second floor condo at 4655 Hahns Peak Dr #201 in Loveland is at a great location with close-proximity to lakes, trails, shopping, dining, and easy access to I-25. Living room features vaulted ceilings and sliding glass doors out to the covered balcony. Master suite with a walk-in closet and full private bath featuring dual sinks and soaking tub. Secondary bedroom with a full bathroom nearby. Private storage locker tucked away on the balcony. HOA includes pool, hot tub, gym, trash/snow removal, exterior maintenance and water. Contact Lisa Rayburg at (303) 915-1078 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/98692096

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Wonderfully Maintained Home in Fort Collins!

Beautiful large home at 1945 Prairie Hill Drive in Fort Collins located in a highly desirable school district. Mature landscaping with a private fenced-in backyard. Spacious and open floor plan, vaulted ceilings, 3 bedrooms and 3 bathrooms plus a large loft that can be converted to a 4th bedroom. Huge master suite has 5-piece bath and a walk-in closet. All appliances are included! Conveniently located & easy access to I-25 and Harmony Corridor. Contact Meagan Griesel at (970) 691-0056 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/98630759

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Great Two-Story Home in Windsor!

Friendly, quiet Windsor neighborhood. 1115 Nantucket Street in Windsor is a great opportunity for first time home buyers or investors. Enjoy the large, fully fenced backyard from the upper deck or from the walk out basement. All appliances stay and 1-year home warranty is included. Contact Maria Dellota at (970) 215-1013 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/98568544

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