Almost there

We’ve been waiting for June to catch up.  It finally happened (almost).

 

Back in April, real estate activity was significantly limited and the showing of property was restricted which caused the number of closed properties in May and early June to be much lower than last year.

 

Bottom line, fewer properties going under contract in April caused fewer closings 30 to 45 days later.

 

Closed properties in May were down compared to 2019 by 44% in Northern Colorado and 43% in Metro Denver.

 

Then activity jumped significantly in May.  The number of properties going under contract was way up compared to last year.

 

We’ve been wondering when we would see this sales activity reflected in the number of closed properties.

 

Well, it finally happened (almost).

 

The number of closings so far in June compared to the same time period through June of 2019 is only down 1.8% in Northern Colorado and 1.6% in Metro Denver.

 

In both markets, there are only a handful of closings separating activity in June 2020 versus June 2019.

 

By the end of the month, when all the transactions are tallied up, we expect that June of this year will out pace June of last year in terms of number of transactions.

 

This is significant not only because of COVID-19, but also because of the reduced inventory compared to last year.  Quite simply, there are fewer homes to buy.

 

All of this speaks to the health and resiliency of the Front Range market.

At Windermere Real Estate we are taking Safer at Home and Social Distancing very seriously.  Our people are following our Safe Showings protocol, staying connected to their clients, and providing help wherever needed

POSTED ON JUNE 26, 2020 AT 9:10 AM
FORT COLLINS | CATEGORY: BLOG, FUN FACTS, WINDERMERE REAL ESTATE | TAGGED , , , , , , , , , , , , ,

Posted on June 26, 2020 at 4:50 pm
Maria Dellota | Posted in Colorado, Economics, Fort Collins Real Estate, Fun Facts, Northern Colorado Real Estate |

Affordability

Here’s some interesting research on affordability…

Each quarter the National Association of Home Builders measures affordability in hundreds of markets across the Country.

Their method is to count the number of homes in a market that could be purchased with that particular market’s median income.

For example, San Francisco is the least-affordable market where only 8.4% of the homes could be purchased with their median income.

The most-affordable is Monroe, Michigan where 95.3% of the homes could be purchased with their median income.

Guess where all of the 10 least-affordable markets are.  California!

Guess where almost all of the 10 most-affordable markets are.  The rust belt (cities in Michigan, Ohio, upstate New York, etc.)

The U.S. average is 63.6%.

Metro Denver comes in at 55.3% and Northern Colorado at 54.5%.

So, roughly half of the homes in our market could be purchased with our local median income.

 


Posted on January 31, 2020 at 4:44 pm
Maria Dellota | Posted in Colorado, Economics, Fun Facts, Housing Trends, Windermere Real Estate |

Healthy Living is Easy in Colorado

With a backdrop of blue skies and rolling foothills, Northern Colorado provides many opportunities to embrace a healthy lifestyle. Locals invite you to explore the many natural areas, healthy restaurants, and community gatherings to fuel your body and inspire your spirit.

Yes, the weather may be colder and the days shorter this in these months, but here in Colorado, passionate people take advantage of the three hundred days of sunshine the state gets per year. On any winter day, you’ll see enthusiastic folks bundled up as they run, bike, and walk along the extensive trail systems and beautiful parks Northern Colorado has to offer.

Here’s a sample of three favorite places to bundle up and explore while colder temperatures still linger.

  1. Spend a Morning at Lory State Park

Full of wonderful trails and rolling hills, you can start the day at this State park just ten minutes from the north side of the city. You’ll spend just eight dollars for an entry fee and can meander along well-designed trails and enjoy beautiful views of Horsetooth Reservoir. Mountain bikers can enjoy the trails and this is a perfect place to try your new Fat Bike designed specifically for biking in snow.

2. Have a healthy brunch

After burning some calories, come back into town to enjoy brunch at one of the many healthy restaurants in Old Town. Tasty Harmony offers vegan and vegetarian faire, and Snooze Eatery, while known for decadent pancakes, also has a delightful “Like a Feather” menu for those conscious of the fuel you put in your body. Step into the Silver Grill Cafe and experience a favorite that has been around since 1933. Their menu, full of diner-style classics, has a range of options for the whole family.

3. Pick up some produce at the Winter Farmers’ Market

Fort Collins is proud to host a multitude of locally grown food options all year round. Stop by The Winter Farmers’ Market, located in the Opera Galleria in Downtown Fort Collins and visit vendors slinging fresh produce, grass fed beef and poultry, homemade sauces, spices, and goodies. The beautiful collection of fresh foods will tide you over until the city hosts four rotating farmers’ markets in the warmer months. This event is held once a month and is free to the public to attend.

https://www.loc8nearme.com/colorado/fort-collins/winter-farmers-market/5517957/

Living in Colorado is full of opportunities to delight the body, mind and spirit. It is a great place to call home – and a wonderful place to own a home. If you’re ready to explore opportunities for making your move, let’s connect.


Posted on January 21, 2020 at 10:44 pm
Maria Dellota | Posted in Blog, Colorado, Fort Collins Real Estate, Personal, Windermere Real Estate | Tagged , , , , , , , ,

You Don’t Have to Wait to Start

 

Stress often squishes us in December. We put off goal setting and dreaming of what could be in the new year, because what is feels overwhelming. We tell ourselves we’ll get to that after Christmas or after New Years. We’ll work on what we want to achieve later, when things slow down.

What if our response to the demands of the season could be different this year? What if you don’t have to wait to start?

There’s an author I love who challenges readers to change their attitudes to change the world. His passion for relationship, connection, and hope inspires me to live differently.

Bob Goff writes,

“Living a life fully engaged and full of whimsy and the kind of things that love does is something most people plan to do, but along the way they just kind of forget. Their dreams become one of those “we’ll go there next time” deferrals. The sad thing is, for many there is no “next time” because passing on the chance to cross over is an overall attitude toward life rather than a single decision.”

Love Does: Discover a Secretly Incredible Life in an Ordinary World

Goff’s words encourage us to plan and more importantly to act. We don’t have to wait until January 1st to start to change our attitudes or tackle our dreams.

Here are three areas you don’t have to wait to start. 

Start Focusing on Gratitude
Jot down five things you are thankful for in this moment. This practice grounds us in the present and changes your outlook. When we focus on what we have been given it empowers us to approach where we want to go with an open heart.

Start Measuring Your Micro-successes
Many of us have goals requiring time and attention. Rather than focus on the big finish, chart out small victories to note that you are on your way. Celebrate each time you act on your intention. Whatever your goal (goal=dream with a timeline), spend time breaking down the big accomplishments into measurable, smaller steps. Repeat as often as you can to make note of progress you are making.

As Greg Reid says, “A dream written down with a date becomes a goal. A goal broken down into steps becomes a plan. A plan backed by action makes your dreams come true.”

Start Giving Back to Others
Giving your time, talents, and resources to others helps us live more fully. Gestures don’t have to be grand to make a big impact. Find a cause to donate to or shovel your neighbors walk. Investing in things you care about helps make the world a better place.

You don’t have to wait for January to appreciate the fullness life offers. You can start now. Let me know what you are going to start doing.

Make your list, check it twice and simply GET STARTED.

Wishing you joy and a Merry Christmas.


Posted on December 17, 2019 at 9:00 am
Maria Dellota | Posted in Colorado, Northern Colorado Real Estate, Personal | Tagged , , , ,

Thanksgiving – How to Cultivate Gratitude in Every Season

Here are three easy steps you can follow to cultivate a spirit of gratitude you can rely on any time of the year:

1. Commit To The Search

Choose to shift your perspective and commit to looking for the good things already around you. Acknowledging the multitude of things to be thankful for is a way to walk through the world. Great power exists when we choose to focus on the positive.

Write down your commitment and put these words in a special place. 

“I choose an attitude of gratitude especially in this season. I believe the time is always right to be thankful for what I have been given.”

 

2. Start To Notice

As you move through your day, keep a list of things that delight you, bring you joy, or add comfort to a schedule full of demands. Type in your phone or put pen to paper and watch the list grow. You can start small. Maybe you’re thankful for the smell of clean clothes in your closet or a full tank of gas in your car. Consider adding a “why” you are thankful as well. Explore the emotions and ideas that come up when you notice the ordinary things enhancing your life.

 

3. Share Your List with Others!

Find time to revisit your list on a regular basis. Make note of the people, places, and items that bring you joy and take a moment to share your thanks with others. Ask others to share their lists or things they are thankful for with you. Inspire others to change their perspectives and smile when you notice your heart being filled. 

This year, I am thankful for the opportunity to build relationships. Let me know how your search is going! I can’t wait to hear what’s on your list. 

Share the JOY

Believe the GOOD


Posted on November 27, 2019 at 10:00 am
Maria Dellota | Posted in Blog, Colorado, Personal | Tagged , , , , , , , ,

Greeley is looking really good!

The Greeley market is about to hit a major milestone.

We project that in the first quarter of 2018, the average price for a single family home in Greeley will surpass $300,000.

Today the average price sits at $289,870.

Just a year ago it was $262,828.

Guess when Greeley broke the $200,000 barrier? It was only about 3 years ago in June 2014.

So what ‘s going on?

Double-digit price appreciation is being fueled by a healthy Northern Colorado economy, low interest rates and local affordability. Greeley prices can look really attractive compared to Fort Collins.

We don’t see anything on the horizon that will significantly change the trajectory of the Greeley market. It is a fundamentally a very strong place to own real estate.

For a detailed look at what ‘s happening across Colorado, request our quarterly market report called “The Gardner Report“, written by Windermere Real Estate’s Chief Economist, Matthew Gardner. You can download it HERE.


Posted on September 25, 2017 at 8:24 pm
Maria Dellota | Posted in Booming Real Estate, Colorado, Fun Facts, Northern Colorado Real Estate | Tagged ,