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!
I TRULY love what I do and I look forward to helping you!
Jeannine (J'9) Maxwell
Start your property search
with REMAX Alliance.
Search by map
Explore our featured Colorado
Visit some homes, or schedule a free home selling consultation.
In This Issue:
Jeannine (J'9) Maxwell
2016 real estate predictions
Ahh, the beginning of yet another year, where the fresh promise of possibilities are endless and the New Year brings many predictions of how the following 12 months will pan out. For some, predicting what is to come of the year seems to be an annual tradition -- whether it's in the form of New Year's resolutions, or simply looking ahead at trends, such as the Pantone "Color of the year".
Another popular topic always seems to be how the housing market will fair. From this article
from the Washington Post, experts predict another fairly strong year in the housing market. Home values are expected to continue to appreciate and first-time buyers may see some relief if the FHA continues to cut it's fees. Another interesting angle to take when looking into the crystal ball is this article
from Realtor.com, which researched 8 economic indicators (such as gas prices, the types of nearby grocery stores, and the proximity of a sports stadium) as several things to consider when evaluating your home's current value. Whatever the mechanism you choose to look at, it's a new year, which means anything can happen...right?
Six "don'ts" to heating your house this winter
On those super chilly Colorado nights, your thermostat maybe working overtime. To make sure those utility bills stay as low as possible, here are six mistakes to avoid when heating your home (courtesy of Weather.com).
1. Don’t Turn Up a Thermostat Too High
If your home is cold, naturally you want to heat it as fast as possible. Thermostats don't work like an accelerator on a car, so cranking it up to the 80’s will do no good. It will only blister your bill!
2. Don’t Turn a Thermostat Too Low
The less your heating system has to work, the cheaper your bills. So during the overnights, your thermostat shouldn’t be set dramatically low. You’ll spend a lot of extra money to have warm mornings!
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 November
For the month of November, existing home sales year-over-year showed continued growth, up almost 4%. New home sales shot up 10.7% overall and new home starts remain encouraging. Month-over-month in the holiday season tends to trend downward and November has been no exception. Despite this, the appetite of home buyers has not diminished as sales show they remain enthusiastic to close on and move into their new homes before the New Year arrives. 536 units sold and closed in November and did so on average within 71 days of going on market. That’s an average of 5 less days on market than 2014.
Prices steadily increased as well, with a median sale price of $248,353, a jump from last year’s median price of $217,435. These can be regarded as impressive numbers for this particular time of year, especially when you take into consideration the inventory available. 1,329 active available listings to choose from last year versus 1,575 active homes for sale during November this year.
While December is historically a slower sales month, predictions for the fourth quarter sales, as well as the 2015 full year sales figures, is predicted to be in positive territory. Early indications of national figures, boasting increases in number of homes sold and higher average sale prices advocate that optimism. The continually rising rental costs are expected to help drive sales to heightened levels over this coming year. The optimism is indicated due to a strong job market and stable economic growth, which should continue to fuel an expanding housing market as we welcome in 2016.
Another good reason for optimism can be seen in that Colorado enjoys slightly higher home price increases; 6% as compared to the 5.2 average nationally. Add to that the results from a recent NAR survey indicating 83% of renters would prefer to purchase and the optimism just knows no bounds this holiday season. As the Federal Reserve prepares to raise the short term interest rates, evidenced by Federal Reserve Chairwoman Janet Yellen stating “….economy is ripe for interest rate hike”, which will affect mortgage rates, the experts agree this holiday season may be the best one yet for including a new home in your holiday stocking.