Fort Collins Real Estate vs. Boulder Real Estate

Facts about the Northern Colorado Real Estate Market

Weekly Fun Facts

The Next Boulder?

Fort Collins Real Estate vs. Boulder Real Estate | The hottest question we get in Northern Colorado is this “do you think Fort Collins is the next Boulder?”

Let’s look closely at that question and start with what is similar. They are both beautiful college towns nestled against the foothills. They both have affordability issues which push real estate buyers to satellite communities (what is happening is Wellington is not unlike what happened in Louisville).

Yet there are differences at a fundamental level that will forever keep these two places very different from each other. For example the average Household Income in Boulder is 60% higher than Fort Collins. Here is another big deal, Boulder is only half the size of Fort Collins (25 square miles versus 57 square miles). And get this, the City of Boulder owns 71 square miles of open space in and around the City.

Essentially Boulder is a small island surrounded by an ocean of open space inhabited by very high income-earners. That is why the average price of a single family home in Boulder is now over $1 million.

We put together a short video which shows you more detail about this hot question. You can watch it here:

Posted on February 24, 2017 at 9:35 am
Natalie Davis | Category: Boulder, Colorado Homes, CSU, CU Boulder, Fort Collins, Greeley, Home Buying, Larimer County, Loveland, Northern Colorado Real Estate, Selling a Home | Tagged , , , , , , , , , , , , , , , ,

Seasonal Slowdown

 

Weekly Fun Facts

Weekly Fun Facts

August marks the end of the busy real estate selling season and the beginning of the traditional seasonal slowdown in our market.

The four months of April, May, June and July tend to produce 45% of the year's total sales. This is based on looking back at 5 years of data.

If 2016 holds true to form, the next five months from now until the end of the year will be progressively slower.

No surprise that December tends to be the slowest month with a third of the number of sales compared to a typical July.

Here's what we will be watching closely over the next few months – is this year's seasonal slowdown "normal", or, because the market has been so hot this year, is it breaking traditional trends.

We will be sure to keep you informed!

 

Contact Natalie Davis to find out what the low rates have done to the value of your home. She will put together an Equity Snapshot which will show you, in detail, what your home is worth in today's market. It's valuable information to have whether you are thinking of selling or not.  970-281-5321

Posted on July 30, 2016 at 10:04 am
Natalie Davis | Category: Home Buying, Luxury Real Estate, Northern Colorado Real Estate, Selling a Home, Seniors Real Estate Specialist (SRES) | Tagged , , , , , , , ,

Inventory Mismatch

 

One of the many interesting dynamics in our Northern Colorado market is the mismatch between inventory and sales.

 

Meaning, there isn't enough of what most people want.


Inventory vs Sales for homes in Northern ColoradoCheck this out, year to date for Northern Colorado:

Under $300K = 1,123 homes sold/87 currently for sale 

$300K to $500K = 1,106 homes sold/358 currently for sale

$500K to $1M = 310 homes sold/301 currently for sale

Over $1M = 13 homes sold/54 currently for sale

By the way, this means that is an incredible opportunity for the move up buyer. Contact us to see what your home is worth in today's market.

Posted on June 17, 2016 at 4:33 pm
Natalie Davis | Category: Home Buying, Luxury Real Estate, Northern Colorado Real Estate, Selling a Home | Tagged , , ,

Northern Colorado’s Luxury Market

Let's have some fun with 5 Fascinating Facts about the Luxury Market in Northern Colorado (homes priced over $700,000):Colorado Luxury Report

  • Luxury homes represent 19% of all available inventory
  • Luxury homes represent 3% of all closed sales
  • The luxury market has 11 months of inventory
  • The average sales to list price for a luxury home is 97%
  • The average days on market for a luxury home is 132 days

Hot off the press is our brand new Luxury Market Report. It's 12 pages of fun facts, charts, graphs and insights into the $700,000-plus market in Northern Colorado. This is a must-have resource.

Simply email nataliedavis@windermere.com and we will get one in your hands right away.

Posted on June 15, 2016 at 4:30 pm
Natalie Davis | Category: Colorado Homes, Home Buying, Luxury Real Estate, Northern Colorado Real Estate, Selling a Home, Seniors Real Estate Specialist (SRES) | Tagged , , , , , ,

Five maintenance resolutions for your home

Real Estate Home Repair & Maintenance 

We may be a little removed from New Year’s Day, but it’s not too late to make some new resolutions for your home.

  1. Start a home repair slush fund: Things in your home are going to break and need to fixed. It’s just a fact that comes with home ownership. Rather than letting expensive repairs take you by surprise, start planning for them. Set aside some money each month that you can eventually draw from when an appliance breaks or unexpected.
  2. Inspect your fireplace: Even if you have a gas fireplace, you should still inspect the valves and ceramic logs yearly to ensure that everything is operating safely and correctly. If you have wood fireplace, hire a certified chimney sweep to do the job.
  3. Maintain your garage door: Garage doors are big and heavy, and that puts a lot of stress on the hinges and tracks that are use to open and close the door several times a day. A regularly scheduled $50 inspection could save you hundreds or thousands in the long run.
  4. Tune up your furnace: Regular furnace inspections will help identify minor problems before they turn into major ones. Also, set reminders to replace your furnace filter.
  5. Clean your coils: The No. 1 refrigerator maintenance task should be cleaning the condenser coils. They can get clogged with hair and dust, reducing your fridge’s efficiency. Have you cleaned yours lately? You can hire a professional to do it, but it’s also an easy do-it-yourself job.
Posted on February 18, 2016 at 4:32 pm
Natalie Davis | Category: Home Maintenance, Selling a Home | Tagged , , , , , ,

REALTOR.com Home Buying Process

REALTOR.com offers the Home-Buying Process in plain English with Elizabeth Banks
 

The Search

 

The Offer

Posted on October 5, 2015 at 7:39 pm
Natalie Davis | Category: Uncategorized | Tagged , , , , , , , ,

REALTOR.com Home Buying Tips

 

 

 

 

 

 

 

REALTOR.com offers the Home-Buying Process in plain English with Elizabeth Banks
 
Knowing When You’re Ready

Mortgage Lending 101

 

 

Posted on October 5, 2015 at 7:21 pm
Natalie Davis | Category: Home Buying | Tagged , , , , , ,