J9 SOLD MINE!
"Ethical, Knowledgeable, Friendly, Available, Energetic" are just some of the words that my past clients have used to describe me.
I'm a Colorado Native, and have been helping people buy and sell homes since 2000.
First time Buyer? Yay! Retiring and downsizing? Great!!. Looking for an investment Opportunity? Can't WAIT to help!!!
Regardless of your Real Estate needs, I'm here to help!!
I TRULY love what I do and I look forward to the to helping you!
Jeannine (J'9) Maxwell
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In This Issue:
Jeannine (J'9) Maxwell
Prepping your home for the fall season
Soon the leaves will begin to turn, fall, and bring about the crisper, cooler days of autumn. While it's a typically beautiful time, especially in Colorado, it also means that the colder days of winter are just around the corner. Fall just also happens to be a great time to do a little check-up maintenance on your home, especially before winter hits. Here, RisMedia's blog outlines the top tips to prepare your house during the fall.
Check out the full article online below!
8 home upgrades for the non-remodeler!
Ahhh…remodeling. For many homeowners, they associate that word with expensive, time-consuming and messy! But you know it’s necessary to boost your home’s value. No wonder many of us wait to make home improvements until we plan to sell!
So we found some great remodeling ideas (courtesy of HouseLogic) you can do TODAY that will not hurt your budget.
1. Molding: $1.50 - $8 per foot. Give your rooms a finished, classic and expensive look with decorative molding! It’s actually at the top of buyers’ list of desirable decorative features in a home (National Association of Home Builders (NAHB) survey). There are hundreds of options for moldings (designs, paint styles, materials and etc.). So you can definitely find an affordable option!
Northern Colorado Economic Snapshot
Units Listed - Single Family & Attached Dwelling
YTD* Units Sold - Single Family & Attached Dwelling
Source: Ires, LLC | *YTD represents through the month of July
Name a popular summer activity you enjoy. You’ll be glad to know that Colorado is the place of opportunity to indulge them all. Camping, hiking, fishing, rock climbing, biking – or more sedentary sports like lying about soaking up the sun’s rays. How about 18 holes of golf? If you are looking for adventure you’ll find what you seek in Colorado!
Speaking of golf, did you know there’s a sweet urban legend that it was golf wives who came up with the idea of building their homes right on the golf course in an effort to bring their husbands home for dinner? In fact, in spite of the decline of enthusiasts for the game itself and the mass closing of many courses, Colorado is one of the first states to offer a mulligan to courses in the form of off season activities like cross-country skiing. (mulligan: a golf term for “do over”).
Anyone who has tried to sell a home at some time in the last three years may discover this is the perfect time for their mulligan. The market has about 5% less inventory than 2014. Forecasts indicate an upsurge in first-time home buyers. Pending sales are strong, up a little over 5% from this time last year.
Our Northern Colorado area welcomed 864 new home owners of sold and closed homes in the month of July while continued tight inventory levels appear to be driving the increasingly short days on market for most homes.
On average homes placed on the market saw offers within 52 days, slightly lower than we saw in July 2014. These are great numbers when you take into consideration there were 117 active listings in July 2014, and just 90 new active listings this July.
Median prices averaged at $275,000 for July. That’s almost 1% higher than this time last year. Nationally, home prices were up 17% year-to-date, so you can safely conclude that despite some less than stellar month-to-month stats, there is solid evidence of the reality of a true market rebound.
All indications so far point to a seller’s market with no reason not to trust that it will extend through the summer and well into the fall season. One chief economist at a major economic research consultancy notes, “there is no evidence of a fundamental shift in home ownership aspirations.” Here’s what the terms mean and how they affect interpreting the market:
SELLER’S MARKET: Low inventory levels, such as we are now experiencing with less than a projected 6 month supply of available homes for sale, means home prices will be trending upward. This is because the demand is greater than the supply so pricing moves to premium levels of appreciation.
BUYER’S MARKET: When inventory levels are about a 7-9 month supply, prices tend to flatten out with possible depreciation occurring.
NORMAL MARKET: Available inventory is about 6 months with home prices appreciating according to current inflation rates.
Mortgage rates slid ever so slightly up last month but national averages are slightly down, with rates remaining well under the 5% mark. These are all fine indications of a real estate market trending upward to stable growth.