Friday Fun Facts – Equity Insights

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The real estate research firm Core Logic just produced their latest Homeowner Equity Insights report.

Some interesting tidbits:

  • 63% of all properties nationally have a mortgage
  • Homeowners with mortgages collective realized a $428 billion rise in equity over last year, an increase of 4.8%
  • Only 3.8% of all mortgaged properties have negative equity (where the loan is greater than the value of the home)
  • 10 years ago 26% of all mortgaged properties had negative equity

If you want to see even more insights about the Colorado market so that you can make really good decisions about your real estate, you are welcome to watch this complimentary webinar, just click HERE.


Posted on October 18, 2019 at 5:38 pm
John Taylor | Posted in Economy, For Sellers, fun facts, Housing Trends | Tagged , , ,

Halloween Cocktail: Magic Up Some Butter Beer

Make (delicious!) Halloween magic with this Harry Potter-inspired cocktail.

You don’t have to live in a magical world to enjoy a good butter beer. This version pulls together ginger beer, ginger liqueur, butterscotch and cream soda for a smooth taste with a little kick. Glasses rimmed with gold sugar make it, well … magical!

Butter Beer

Ingredients:

Serves 6
  • 2 bottles ginger beer
  • 2 bottles cream soda
  • 4 ounces ginger liqueur
  • 3 tablespoons butterscotch ice cream topping
  • gold sanding sugar for rimming glasses
  • ice

Instructions:

  1. Chill ginger beer and cream soda.
  2. Add ginger liqueur and butterscotch topping to a small bowl and whisk until fully combined.
  3. Moisten rims of glasses and dip in sanding sugar.
  4. Add ice to glasses.
  5. Distribute ginger liqueur mixture evenly among glasses.
  6. Add 4 ounces of ginger beer to each glass.
  7. Add 4 ounces of cream soda to each glass.
  8. Stir gently before serving.

https://www.hgtv.com/design/make-and-celebrate/holidays/halloween-cocktail—butter-beer


Posted on October 15, 2019 at 1:52 pm
John Taylor | Posted in Living, Uncategorized | Tagged , , , ,

Friday Fun Facts – Net Worth

Check out these numbers from the Federal Reserve’s Survey of Consumer Finances:

  • Median Net Worth in the U.S. = $97,300
  • Median Net Worth of a Renter = $5,200
  • Median Net Worth of a Homeowner = $231,4009W7amgJuvzwLY364mQBpOrwNOX7iAw-zMWpYgLHM8iao8asauzzK5C1JI5hAWEj8FHftjLiRVGa22wB8elNx0kErizB3H7jbnx2xPeD29dBd4hrk-hbCuIgJTO7f4y9bs0-d-e1-ft.png

If you want to see even more insights about the Colorado market so that you can make really good decisions about your real estate, you are welcome to watch this complimentary webinar, just click HERE.


Posted on October 11, 2019 at 7:39 pm
John Taylor | Posted in For Sellers, fun facts, Housing Trends | Tagged , , , , , , , ,

Price Reduction

Some fascinating research from the Denver Metro Association of Realtors…

37% of properties that sold last month along the Front Range had a price reduction at some point during the listing period.

Property owners who have to reduce their price take an average of 58 days to receive an offer.

Those who don’t have to reduce their price only take 13 days.

This stat obviously speaks to the importance of pricing your property right on day one.


Posted on October 7, 2019 at 1:13 pm
John Taylor | Posted in For Buyers, For Sellers, fun facts, Housing Trends |

A Fall Decoration Idea!

DECORATE IT – A RAINBOW PUMPKIN MANTEL

Remember all those bright colorful pumpkins from yesterday? Well, I painted a few extra and created the absolute best fall/halloween mantel with them! A rainbow pumpkin mantel! Just look at those bright colors! I am so in love and it is everything I never knew I wanted in a fall mantel.

To make your own rainbow pumpkin mantel, you will need a bunch of faux pumpkins. Most of these are from Target. They have 5-6 sizes of white and orange pumpkins in their halloween section that I used and then spray painted with a few of my favorite shades of Montana Gold spray (Pink pink, lychee, shrimp, yolk, poison, malachite light, and malachite). The orange pumpkins I just left as is.

Then all you need to do is paint a few different sizes in each color and stack them up on your mantel. So easy! But doesn’t it make the most amazing statement!

I love the addition of the gold splatter pumpkins too and debated doing them all splatter painted, but I love the assortment of plain and splatters.

Now that is one colorful fall mantel! And because everything else about the fireplace is so neutral, it really helps the pumpkins pop without seeming like too much color don’t you think? So tell me, would you decorate your mantel with a rainbow of pumpkins?


https://akailochiclife.com/2017/09/decorate-it-rainbow-pumpkin-mante.html


Posted on October 2, 2019 at 5:18 pm
John Taylor | Posted in Housing Trends | Tagged , ,

OPEN HOUSE this Weekend | Sept 27-29th


Posted on September 27, 2019 at 8:33 pm
John Taylor | Posted in Johnstown Real Estate, Northern Colorado Real Estate | Tagged

Big Bounce

Seventy-five major metro markets have seen home prices bounce back to above their pre-recession peaks.


Metro Denver has seen the biggest bounce with home values 91% above its previous high in 2007 , according to the Home Price Recovery Index from HSH.com.

“Aside from routinely strong home price appreciation, it’s important to know that the Denver metro’s housing ‘bust’ in 2008 was relatively short and shallow,” said Keith Gumbinger, the report’s author.

The peak-to-trough for home values was only three years long and the total decline in value was just under 8 percent in Metro Denver, he said.

By contrast, a half-dozen large metros have seen home prices more than double from their lows and still not reach the old highs. On that list are Las Vegas, Sacramento, Calif, and Cape Coral, Fla.

 


Posted on September 27, 2019 at 5:34 pm
John Taylor | Posted in Economy, For Sellers, fun facts, Housing Trends | Tagged , , , , , , , , , , ,

Gorgeous Ranch Style Home in Johnstown!

Welcome home to this beautiful open floor plan at 4377 Golden Currant Court in Johnstown, a ranch with a fully finished basement and elegant interiors. Enjoy the tranquil backyard while relaxing by the fire pit on a patio surrounded by beautiful landscaping, vegetable garden and apple trees. This spacious home offers elevated ceilings, hickory hard woods, and a stylish stacked stone corner fireplace in living room. A gourmet kitchen boasts a large pantry, soft close 42″ cabinets with crown molding, and granite island accessorized with custom lighting. Main floor has a desirable master bedroom coupled with an elegant 5 piece en suite master w/soaker tub and two additional bedrooms. The high-ceiling basement complete with wet bar, one bedroom, and bonus room for a spacious guest retreat. This gently used Amelia Plan, Bridgewater Home with over sized 3-car tandem garage won’t last long. Call for your private showing at (970) 541-1003 for more information or click the link below for more details.

http://windermerewindsor.com/listing/100643739


Posted on September 26, 2019 at 10:26 pm
John Taylor | Posted in Johnstown Real Estate, Virtual Tours | Tagged , , , , , , , , , , , , , , , , , , , , , ,

Friday Fun Fact – 1 Million +

We have our pulse on the high-end luxury market.

The activity in price ranges over $1,000,000 is an effective indicator of the health of the overall market.

If buyers for luxury properties are active, it tells us that “smart money” is confident about real estate in Northern Colorado.

So far this year, 107 luxury properties have sold in Larimer and Weld Counties. Last year at this time 93 had sold and in 2017 it was only 56.

It seems “smart money” is confident.

If you want to see even more insights about the Colorado market so that you can make really good decisions about your real estate, you are welcome to watch this complimentary webinar, just click HERE.


Posted on September 20, 2019 at 4:58 pm
John Taylor | Posted in For Buyers, fun facts, Housing Trends, Living, Northern Colorado Real Estate | Tagged , , ,

Rate Bounce

Rates hit near-historic lows this week and are now at 3.49% for a 30-year mortgage.

There have only been two other times in history when rates have been this low- April 2013 and October 2016.

It’s interesting to see what happened soon after bottoming out these last two times.

In April of 2013 rates hit 3.41%. By August 2013 they had jumped to 4.40%.

Rates bottomed again in October 2016 at 3.42%. Just two months later in December 2016 they were 4.32%.

Each time the increase was nearly 1% within just a few months.

So, if history proves itself as a guide, we can’t expect these rates to last for long.

 

 


Posted on September 18, 2019 at 1:14 pm
John Taylor | Posted in Economy, For Buyers, fun facts, Housing Trends, market news, Northern Colorado Real Estate |