Windermere Norther Colorado Foundation Tailgate Party 2021

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September signifies something different for everyone: for some it’s the beginning of football season, for others it’s the end of summer, but for our Northern Colorado team, September means it’s time to tailgate! Each September, for the past five years, we have hosted our Windermere Foundation Tailgate Party to raise funds and spread awareness in support of a local organization dedicated to the betterment of our community.

 

 

This year, we teamed up with ChildSafe Colorado, a non-profit that provides resources, education and treatment to victims of childhood abuse. For such an amazing organization, we had no choice but to go all out. On September 17th, 2021 we joined together as a community on to party with a purpose. Our guests enjoyed complimentary drinks, complimentary food from Pepe’s Tacos and the Ball Joint, and live music performed by Kelsey Jo and the Wildcards. Special entertainment was also available for the kids in the form of balloon art, face painting and a petting zoo!

 

 

To raise funds, custom-made cups were available for purchase and prizes donated by local businesses were raffled off. Otterbox, Walmart, Pure Barre Fort Collins, Orangetheory Fitness, Board 30 Fort Collins, Ascent Climbing & Fitness Studio, Pure Drip IV, The Cupboard, Butter Cream Cupcakery, Rally5 Crafted Eats & Bar, Jax Outdoor Gear, New Belgium Brewery, Odell Brewing Co, Coyote Gold, Smilin Faces Face Paint, Painting with a Twist, Amy Vandegrift with Skin Pretty Aesthetics, and Kali Johnson with Salon One Ten were among the generous donor who contributed to the event.

With the help of our platinum donors Elevations Credit Union and Fidelity National Title Company in Northern Colorado, we were able to raise over $4,000 dollars in support of this wonderful organization.

Want to get involved? Click here for more information. 

The post Windermere Norther Colorado Foundation Tailgate Party 2021 appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Windermere Northern Colorado Foundation Tailgate Party 2021

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September signifies something different for everyone: for some it’s the beginning of football season, for others it’s the end of summer, but for our Northern Colorado team, September means it’s time to tailgate! Each September, for the past five years, we have hosted our Windermere Foundation Tailgate Party to raise funds and spread awareness in support of a local organization dedicated to the betterment of our community.

 

 

This year, we teamed up with ChildSafe Colorado, a non-profit that provides resources, education and treatment to victims of childhood abuse. For such an amazing organization, we had no choice but to go all out. On September 17th, 2021 we joined together as a community on to party with a purpose. Our guests enjoyed complimentary drinks, complimentary food from Pepe’s Tacos and the Ball Joint, and live music performed by Kelsey Jo and the Wildcards. Special entertainment was also available for the kids in the form of balloon art, face painting and a petting zoo!

 

 

To raise funds, custom-made cups were available for purchase and prizes donated by local businesses were raffled off. Otterbox, Walmart, Pure Barre Fort Collins, Orangetheory Fitness, Board 30 Fort Collins, Ascent Climbing & Fitness Studio, Pure Drip IV, The Cupboard, Butter Cream Cupcakery, Rally5 Crafted Eats & Bar, Jax Outdoor Gear, New Belgium Brewery, Odell Brewing Co, Coyote Gold, Smilin Faces Face Paint, Painting with a Twist, Amy Vandegrift with Skin Pretty Aesthetics, and Kali Johnson with Salon One Ten were among the generous donor who contributed to the event.

With the help of our platinum donors Elevations Credit Union and Fidelity National Title Company in Northern Colorado, we were able to raise over $4,000 dollars in support of this wonderful organization.

Want to get involved? Click here for more information. 

The post Windermere Northern Colorado Foundation Tailgate Party 2021 appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

In Perspective

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Let’s put today’s home prices in perspective.

Appreciation has been significant over the last 18 months. Some people are wondering if it can last and if there might be a housing bubble.

There are two ways to look at prices. One way is in absolute terms. This is simply looking at the dollar amount a home would sell for at some point in the past versus the dollar amount it would sell for.

The other way is in real terms. ‘Real’ is an economics term which means that inflation is factored into the valuation.

For example, a gallon of milk costs more today in absolute terms than it did 15 years ago. However, in real terms, the cost is about the same as 15 years ago because inflation is factored in. The price of milk has essentially escalated at the same rate as inflation.

So, how about home prices? As we know, prices in absolute terms are higher than 15 years ago. To be exact, prices are 43% higher Nationally compared to 2006 according to Case-Shiller.

However, in real terms, prices are the same as 2006.

Over the last 15 years, homes have appreciated at essentially the same rate as inflation.

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

In Perspective

/in , , , , , , , , , , /by

Let’s put today’s home prices in perspective.

Appreciation has been significant over the last 18 months. Some people are wondering if it can last and if there might be a housing bubble.

There are two ways to look at prices. One way is in absolute terms. This is simply looking at the dollar amount a home would sell for at some point in the past versus the dollar amount it would sell for.

The other way is in real terms. ‘Real’ is an economics term which means that inflation is factored into the valuation.

For example, a gallon of milk costs more today in absolute terms than it did 15 years ago. However, in real terms, the cost is about the same as 15 years ago because inflation is factored in. The price of milk has essentially escalated at the same rate as inflation.

So, how about home prices? As we know, prices in absolute terms are higher than 15 years ago. To be exact, prices are 43% higher Nationally compared to 2006 according to Case-Shiller.

However, in real terms, prices are the same as 2006.

Over the last 15 years, homes have appreciated at essentially the same rate as inflation.

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

No Inventory?

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One misconception about today’s market is that there is ‘no inventory.’

Actually, there are numerous new listings that hit the market each month. It just so happens that they tend to sell quickly.

The numbers show the number of new listings that came on the market in September closely equate to the number of sales that occurred.

  •  In Larimer County, 693 new residential listings hit the market last month and there were 688 sales.
  •  In Weld County, there were 681 new listings and 733 sales.
  •  In Metro Denver, there were 6125 new listings and 5233 sales.

So, while homes tend to sell quickly today, there is still a significant amount of new inventory hitting the market each month for buyers to consider.

The post No Inventory? appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

No Inventory?

/in , , , , , , , , , , , /by

One misconception about today’s market is that there is ‘no inventory.’

Actually, there are numerous new listings that hit the market each month. It just so happens that they tend to sell quickly.

The numbers show the number of new listings that came on the market in September closely equate to the number of sales that occurred.

  •  In Larimer County, 693 new residential listings hit the market last month and there were 688 sales.
  •  In Weld County, there were 681 new listings and 733 sales.
  •  In Metro Denver, there were 6125 new listings and 5233 sales.

So, while homes tend to sell quickly today, there is still a significant amount of new inventory hitting the market each month for buyers to consider.

The post No Inventory? appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

The Difference Between a Comparative Market Analysis and an Appraisal

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It can be difficult for sellers to distinguish between two methods of finding the value of their home: a Comparative Market Analysis (CMA) and a home appraisal. Though they share many similarities, there are key differences in how the two approaches ultimately arrive at a listing price for your home.

The Difference Between a Comparative Market Analysis and an Appraisal

Comparative Market Analysis (CMA)

A CMA is conducted by an agent using their knowledge of the local market in conjunction with information available to them on the multiple listing service (MLS), which contains data on sold homes and market trends. A CMA helps to price the home more accurately, keeping the property competitive in the current market. For those who are thinking of selling their home For Sale By Owner (FSBO), it’s worth noting that you will not be able to conduct a CMA on your own, since, among other things, access to the MLS is exclusive to real estate agents.

Your agent’s analysis accounts for the various factors that influence home prices to arrive at an accurate estimate of your home’s value. A CMA compares your home to others in your area that have either recently sold, are currently on the market, or had previously listed but have since expired, typically using data from the past three-to-six months. Comparable homes, or “comps,” are homes whose characteristics are similar to your own, such as the housing type, condition, and the square footage and property size. A thorough CMA will provide information on what homes in your area are selling for, how long they were on the market, and the difference between their listing and sold price, and will list a low, median, and high selling price for your home.

Appraisal

The main difference between an appraisal and a CMA is the personnel involved. Whereas a CMA is conducted by a real estate agent, an appraisal is carried out by a licensed appraiser on behalf of the bank. Once a buyer applies for a loan to purchase your home, the bank will order an appraisal of the property. Though appraisers use methods of comparison similar to an agent’s CMA, unlike a real estate agent, bank appraisers have no vested interest in the sale of the home. The goal of an appraiser’s visit is to determine your home’s fair market value to ensure that the bank isn’t lending more money to the buyer than needed.

For more resources on the selling process and to use our free home value calculator, visit the selling page on our website here:

Windermere – Selling

The post The Difference Between a Comparative Market Analysis and an Appraisal appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

The Difference Between a Comparative Market Analysis and an Appraisal

/in , , , , , , , , , , , , , , /by

It can be difficult for sellers to distinguish between two methods of finding the value of their home: a Comparative Market Analysis (CMA) and a home appraisal. Though they share many similarities, there are key differences in how the two approaches ultimately arrive at a listing price for your home.

The Difference Between a Comparative Market Analysis and an Appraisal

Comparative Market Analysis (CMA)

A CMA is conducted by an agent using their knowledge of the local market in conjunction with information available to them on the multiple listing service (MLS), which contains data on sold homes and market trends. A CMA helps to price the home more accurately, keeping the property competitive in the current market. For those who are thinking of selling their home For Sale By Owner (FSBO), it’s worth noting that you will not be able to conduct a CMA on your own, since, among other things, access to the MLS is exclusive to real estate agents.

Your agent’s analysis accounts for the various factors that influence home prices to arrive at an accurate estimate of your home’s value. A CMA compares your home to others in your area that have either recently sold, are currently on the market, or had previously listed but have since expired, typically using data from the past three-to-six months. Comparable homes, or “comps,” are homes whose characteristics are similar to your own, such as the housing type, condition, and the square footage and property size. A thorough CMA will provide information on what homes in your area are selling for, how long they were on the market, and the difference between their listing and sold price, and will list a low, median, and high selling price for your home.

Appraisal

The main difference between an appraisal and a CMA is the personnel involved. Whereas a CMA is conducted by a real estate agent, an appraisal is carried out by a licensed appraiser on behalf of the bank. Once a buyer applies for a loan to purchase your home, the bank will order an appraisal of the property. Though appraisers use methods of comparison similar to an agent’s CMA, unlike a real estate agent, bank appraisers have no vested interest in the sale of the home. The goal of an appraiser’s visit is to determine your home’s fair market value to ensure that the bank isn’t lending more money to the buyer than needed.

For more resources on the selling process and to use our free home value calculator, visit the selling page on our website here:

Windermere – Selling

The post The Difference Between a Comparative Market Analysis and an Appraisal appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

The Difference Between a Comparative Market Analysis and an Appraisal

/in , , , , , , , , , , , , , , , /by

It can be difficult for sellers to distinguish between two methods of finding the value of their home: a Comparative Market Analysis (CMA) and a home appraisal. Though they share many similarities, there are key differences in how the two approaches ultimately arrive at a listing price for your home.

The Difference Between a Comparative Market Analysis and an Appraisal

Comparative Market Analysis (CMA)

A CMA is conducted by an agent using their knowledge of the local market in conjunction with information available to them on the multiple listing service (MLS), which contains data on sold homes and market trends. A CMA helps to price the home more accurately, keeping the property competitive in the current market. For those who are thinking of selling their home For Sale By Owner (FSBO), it’s worth noting that you will not be able to conduct a CMA on your own, since, among other things, access to the MLS is exclusive to real estate agents.

Your agent’s analysis accounts for the various factors that influence home prices to arrive at an accurate estimate of your home’s value. A CMA compares your home to others in your area that have either recently sold, are currently on the market, or had previously listed but have since expired, typically using data from the past three-to-six months. Comparable homes, or “comps,” are homes whose characteristics are similar to your own, such as the housing type, condition, and the square footage and property size. A thorough CMA will provide information on what homes in your area are selling for, how long they were on the market, and the difference between their listing and sold price, and will list a low, median, and high selling price for your home.

Appraisal

The main difference between an appraisal and a CMA is the personnel involved. Whereas a CMA is conducted by a real estate agent, an appraisal is carried out by a licensed appraiser on behalf of the bank. Once a buyer applies for a loan to purchase your home, the bank will order an appraisal of the property. Though appraisers use methods of comparison similar to an agent’s CMA, unlike a real estate agent, bank appraisers have no vested interest in the sale of the home. The goal of an appraiser’s visit is to determine your home’s fair market value to ensure that the bank isn’t lending more money to the buyer than needed.

For more resources on the selling process and to use our free home value calculator, visit the selling page on our website here:

Windermere – Selling

The post The Difference Between a Comparative Market Analysis and an Appraisal appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Slight Increase

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A review of the September market stats shows a slight increase in inventory along the Front Range.

The way we currently measure inventory is in days.

Meaning, at the current pace of sales, how many days would it take to sell all of the inventory currently for sale.

The results, based on September’s activity, shows only a slight increase compared to August. This increase can be tied to seasonality as we always experience a slight cooling off of the market heading into the Fall.

Here is what the residential inventory looks like in each of our markets:

  •  Larimer County = 25 days
  • Weld County = 23 days
  • Metro Denver = 21 days

Bottom line, the residential market is still very healthy.

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