Why You Should Buy a Home at the End of the Year

If you have ever thought about owning a new home, the last two months of the year are usually the best time to make that happen.

Here’s Why…

Many builders have year-end goals and sales quotas to hit. If they have a “standing inventory” of homes that are completed but not sold, they are typically motivated to sell these homes by the end of the year.

This dynamic can be especially true for publicly-traded builders who are even more motivated to hit year-end sales numbers.

Up and down the Front Range there are beautiful new homes in fantastic neighborhoods. The builders of these homes may be happy to make concessions and provide incentives as long as you close by year-end.

We just recently helped a buyer with a very compelling incentive package from a builder which included a lower price, additional landscaping and window coverings.

Posted on November 27, 2019 at 8:41 pm
Kelly Swift | Category: Northern Colorado Real Estate | Tagged , , , , ,

Most Active

What is the most active price range in Northern Colorado?  Take a guess…

  • $300,000 to $400,000
  • $400,000 to $500,000
  • $500,000 to $750,000
  • $750,000 and above

By far, the most active price range is $300,000 to $400,000 with 60% more closed transactions than the $400,000 to $500,000 range and 400% more than homes priced $750,000 and above.

However, this lower price range does not have the most inventory.  The price range with the greatest selection of homes is $500,000 to $750,000.

Posted on October 27, 2019 at 8:00 am
Kelly Swift | Category: Economics 101, Fort Collins Real Estate | Tagged , , , , , , ,

Charming 1940’s Ranch Bungalow in Fort Collins

This charming 1940’s ranch bungalow at  2806 Laporte Ave has quaint old town character and has loads of natural light, original hardwood floors throughout, built-in cabinets, large laundry room/mud room. Newer water heater, interior paint, roof and updated electrical. Convenient location with easy access to downtown, City Park, golf course, foothills and the CSU campus. Outside City limits, no HOA. First American Home Warranty included. Call for your private showing at (970) 310-4876 for more information or click the link below for more details.

http://kellyswifthomes.com/listing/95272866

Posted on May 13, 2019 at 4:34 pm
Kelly Swift | Category: Fort Collins Real Estate, Virtual Tour | Tagged , , , , , , , , , , , , , , , , , , ,

Which Market?

So, which is it? A buyer’s market or a seller’s market?

Well, it depends!

First, let’s define each market. According to research, a buyer’s market exists when there is more than 4-6 months of inventory on the market.

If it would take longer than 4-6 months to sell out all of the inventory currently for sale, then it is a buyer’s market.

This calculation is obviously a function of the amount of inventory on the market and the current pace of sales.

A seller’s market exists if it would take shorter than 4-6 months.

So, which is it?

It depends very much on the price range.

Here are the numbers for Northern Colorado:

• $300,000 to $400,000 = 0.9 months
• $400,000 to $500,000 = 1.9 months
• $500,000 to $750,000 = 2.3 months
• $750,000 and over = 5.8 months

So, most price ranges are a clear seller’s market. It’s not until $750,000 and over that the market starts to approach a more balanced state.

Posted on April 12, 2019 at 6:45 pm
Kelly Swift | Category: Buying & Selling | Tagged , , , , ,

Fantastic Cottage Home in Fort Collins!

This fantastic cottage home located at 5162 Cinquefoil Ln  in the popular Observatory Village is just steps from the pool and neighborhood park. Open floor plan includes main floor office, vaulted ceilings, wood floors, finished basement, and a rec room. The master bedroom is spacious with a remodeled custom shower and walk in closet. Enjoy the private fenced patio w/trek decking and stamped concrete. Low maintenance-HOA maintains yard, trash, and snow removal. Close to schools, shopping, entertainment and the freeway. Call for your private showing at 970-310-4876 for more information or click the link below for more details.

http://kellyswifthomes.com/listing/86149162

http://kellyswifthomes.com/listing/86149162

Posted on September 25, 2018 at 9:58 pm
Kelly Swift | Category: Fort Collins Real Estate, Virtual Tour | Tagged , , , , , , , , , , , , , , , , , , ,

Top 5

A new report from Veros Real Estate Solutions, which works in enterprise risk management and collateral valuation services, shows the strongest and weakest markets for the next 12 months ending in Sept. 1, 2017.

Their Top 5 Markets:

  1. Denver
  2. Boulder
  3. Fort Collins
  4. Seattle
  5. Boise

At the bottom of their list is… Atlantic City.

Untitled design (5)

Posted on October 21, 2016 at 9:58 pm
Kelly Swift | Category: Fun Facts, Real Estate, Real Estate Fort Collins | Tagged , , , , , , , , , , , , , , , , , , , , ,

Boom Town

Did you know that the population in Larimer County in 1970 was 43,000?

Today there are 335,000 people who live here.

Almost 300,000 more in 46 years!

Both Larimer and Weld County are ranked in the top 15 in the nation for population growth.

The Colorado State Demographer's office estimates that population in Larimer County will be just under 500,000 by 2040.

Almost 115,000 more in 24 years!smartphone-1445489_640

 

 

Posted on August 30, 2016 at 6:32 pm
Kelly Swift | Category: Fun Facts, Real Estate, Real Estate Fort Collins, Real Estate Loveland, Real Estate Windsor | Tagged , , , , , , , , , ,