Real estate prices keep going up in northern Colorado. In 2016, Boulder saw a peak in October of $921, 500 as a median price. For the year, it was $885,000 for single family home. Greeley had the lowest median price at $250,000 though it was up by 16%. Fort Collins is up 9% to $356,000. Loveland was up 10% to $345,000. Overall, the number of listings were down thus causing much of the uptick in prices. So, what’s a buyer to do? Well, they should buy. It doesn’t look like things are going …
Berthoud
The Town of Berthoud is located in Larimer county, approximately halfway between the cities of Fort Collins and Denver. As of the 2010 U.S. census, Berthoud's population was 5105. Berthoud is situated north of the Little Thompson River and is a great place to live! Nicknamed the "Garden Spot of Colorado," the town of Berthoud is beautiful. In many parts of town, trees over-arch the city streets.
There is an annual community parade on "Berthoud Day", which occurs on the first Saturday in June and ends in Berthoud Park, where families gather and enjoy music in a picnic-like atmosphere. Another community event held annually in June is "Berthoud Outdoor Quilt Show", in which quilters display their works in Fickel Park. Fickel Park also is growing a sculpture park with many new sculptures placed each year. The sculptures have brought a new look to the park and the town. Through the summer, the town also plays host to its farmers' market which occurs every Thursday and is sponsored by the town's main street organization.
Berthoud is home to a small arts community that includes the Berthoud Dance Company, the Moon Theatre Company, the Berthoud Arts and Humanities Alliance and the Wildfire Community Arts Center, which includes a small blackbox theater.
Selling & Buying Homes in the Snow
Nobody wants to look at homes when its snowing and zero degrees outside. So, it’s great time to buy. And if you’re selling, make sure your home is the warm and welcoming oasis buyers are looking for. Sounds obvious, but sometimes we forget that it’s not always about price, terms and location. Sometimes it’s about making the potential home buyer feel like, well, that they’ve come home. Take a few tips from RISMedia’s Housecall column and make sure your home feels like home to someone …
Go East, Wanna-Be Home Buyer!
It was inevitable and it doesn’t take a rocket scientist to predict that home prices would be lower east of I-25 than west of I-25. By almost $100,000 to be more precise. That meant that homeowners flocked to the east to purchase a home and gave rise to double digit appreciation, more than its neighbors to the west which experienced anywhere from Loveland/Berthoud (1.4% appreciation) to Fort Collins (6.4%) and Longmont, a bit of an outlier at 11% appreciation. Some prognosticators said that …
Going Local in Real Estate
I’ve only been doing real estate for 17 years in northern Colorado, having come to it as my second career but I know most of my colleagues, despite younger folks coming on board. I eventually meet them, too. But I don’t know the Listing Agents who are popping up on our northern Colorado MLS with Denver as their agency address. Competition for listings is fierce with so few of them coming on the market right now. I get it. But are we doing our clients a disservice by listing properties where …
Northern CO Real Estate a Mix of Ups and Downs
Median home prices still continue to rise in some parts of northern Colorado with the exception of Greeley/Evans, Longmont and Estes Park. Boulder has an unbelievable median price of $992,00 while Fort Collins at $372,000 and Loveland/Berthoud at $350,000 look reasonable in comparison but are still really high for our area. Longmont dipped to $345,000 from a high of $370,00 in March, Greeley and Estes Park adjusted down as well. That just means that the homes we used to sell for $225,000 …
Can Your Buyer Make Multiple Offers?
In a fast seller’s market like the one happening in northern Colorado right now, a buyer may find that she wants to make multiple offers on different properties in hopes that she gets one of them. Unethical maybe even illegal? It depends on your state but there are a few strategies that could be possible if the client also seeks the advice of a real estate attorney. Some attorneys are recommending putting short expiration dates on the first offer, so buyer can then move on to the next. Let’s …
