I'm not a party bus kind of gal. But I saw the bus tour of the Parade of Homes on Facebook, sponsored by the northern Colorado Women's Council of Realtors and I thought, why not? I signed up and hopped on board at noon on a very hot day last week and headed off to Berthoud, CO. The bus was loud and I was definitely the oldest real estate agent on board but the A/C was working and there was plenty of water along with other offerings. But day drinking is not a skill I possess. Regardless, …
Larimer County
Spring Real Estate Market in Northern Colorado
“What do you think the market will do this spring?” I’m asked that every day. The only thing I can do is to point out the facts. Inventory is down. Prices are up. And the supply of homes has dropped to one month and three days. Just as a reference, in 2010, the supply of homes on the market was six months which is a balanced market--sellers and buyers have equal standing. When you have our market, houses go quickly. People keep telling me it’s gonna change—that it must. No, it doesn’t At …
Northern Colorado RE Stays Strong–for How Long?
The northern Colorado real estate market continues to be one of the strongest in the country. Demand for homes, fueled by job growth, continues to outpace supply. Regional job growth in 2017, a leading indicator of the real estate market, was one of the strongest in the last 10 years. Despite more construction, supply has not kept up with demand. The northern Colorado market continues to have less than 3 months of housing supply when 6 months is considered a balanced market. Some thoughts about …
Senior Property Tax Savings!
Were you 65 prior to January 1, 2017? Have you lived in your present home for more than 10 years? Yes, and yes? Have you applied for the Senior Property Tax Exemption? No? You have until July 15 to apply for the exemption for 2017 taxes. The Colorado General Assembly voted in 2000 to give the ‘homestead exemption’ to seniors over 65 who have lived in their home for over 10 years, taking effect in property tax year 2002. Under the exemption, 50 percent of up to $200,000 of a residential …
Selling and Buying a Home Calls For Respect — and a Little Paint
‘Tis the season. Sellers and buyers are prowling the streets of northern Colorado—sellers are (hopefully) putting their best foot forward to get the best offers and buyers are making a series of offers, optimistic that one of them will be accepted. Some sellers think slapping a price on a house and putting a sign in front will do the trick. It could, but why not guarantee you’ll get a couple of great offers based on how you took the time and a little bit of effort and money to make your home …
24 Tax Property Protests Later…
I spent most of last weekend pulling ‘comps’ for clients looking to protest their 2017 property tax assessments. Larimer County has a nifty feature that allows you to pull up your own comps (sales that are comparable), but they don’t have all the features provided by our local MLS. Has it been remodeled? Was it a hoarder’s paradise? Was it a bi-level or ranch with one bedroom on the main with a weed production facility in the basement? We can’t always tell if someone has been growing pot but …
