OPEN HOUSE this Weekend | Sept 27-29th

Posted on September 27, 2019 at 8:33 pm
John Taylor | Category: Johnstown Real Estate, Northern Colorado Real Estate | 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 | Category: 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 | Category: Economy, For Buyers, fun facts, Housing Trends, market news, Northern Colorado Real Estate

How to Save for a House While You’re Renting

7 Simple Money-Saving Tips for Renters

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Get a roommate. One of the easiest ways to cut your rent in half and save some big bucks is by finding a roommate. Think half the rent cost, half the utility bills, internet and cable. That adds up to some serious savings that you can apply toward your down payment. Check out these seven tips for living with a roommate.

Pay off your credit card debt. This one might seem counterintuitive — after all, you’re trying to save money, right? But it’s important to remember that your credit score and debt-to-income ratio are pretty big factors that lenders consider when deciding whether you qualify for a loan. So, when it comes time to get a mortgage, you’ll be glad you tackled that outstanding debt ahead of time.

Rent to own. This is an option for those who are interested in a property, but still need to save up cash for a down payment or build their credit score. When you’re in a rent-to-own agreement, you typically pay a one-time, non-refundable fee called “option money”, which gives you the opportunity to purchase the house in the future. Usually this price ranges from 2 to 7 percent of the purchase price of the house — a price that you and the seller will agree upon.If you’re renting a house, check with your landlord that it’s okay to run a garage sale on the property.

Budget basics. Now that you’ve set a big financial goal, it’s important to figure out a budget and stick to it. A good rule of thumb to follow is the 50/30/20 rule, where you allocate a portion of your paycheck into three categories: 50 percent towards essentials, like food and housing; 30 percent towards lifestyle, like dinner out or other entertainment; and 20 percent towards financial priorities, such as debt, retirement and savings. Since you have your sights set on a new home, try moving 5 to 10 percent of your lifestyle budget into the savings category. It might be challenging, but you’ll reap the benefits when you see your home getting closer and closer!

Ditch the unnecessary. We’re sure you’ve heard this one before, but we’ll say it again: consider cutting back on superfluous expenses. Sure, eating out and shopping are fun and entertaining indulgences, but they add up to hundreds, if not thousands of dollars, a year. For the time being, try spending less on non-essentials and you might be amazed at how much you’re saving. It’ll be worth every penny when you’re turning the key to your new home.

Set up shop. Believe it or not, a garage sale can put some serious savings in your pocket. Since you’re a renter, you might not have the space or be allowed to run a garage sale out of your abode, so ask family and friends if they have a garage to spare for a weekend.

Save your tax refund. Sure, it’s nice to get that refund check come tax season. A shopping spree, a new bedroom set, maybe a beach vacation — all fun things you can do with that “extra” income. Resist the urge to spend it on the impractical and instead stick it in your savings account.


https://www.amfam.com/resources/articles/money-matters/saving-for-a-house-as-a-renter

Posted on September 11, 2019 at 8:18 pm
John Taylor | Category: For Buyers, market news, Northern Colorado Real Estate

COMING SOON – GORGEOUS RANCH

4377 Golden Currant Court | Johnstown, CO 80534


$590,000

4 BEDROOMS

3 BATHROOMS

3 CAR GARAGE

3,493 SQ FT

Welcome home to this beautiful open floor plan 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.

 


JOHN TAYLOR | 970-541-1003 | JT@REALTORJOHNTAYLOR.COM

Posted on September 9, 2019 at 6:29 pm
John Taylor | Category: For Buyers, Northern Colorado Real Estate | Tagged , , ,

Friday Fun Fact – Nationally home prices have gone up!

Hot off the Press the new Federal Housing Finance Authority report!

The Federal Housing Finance Authority ranks 241 major metropolitan areas across the United States for yearly home price appreciation. The current report shows that, nationally, home prices have gone up 4.99% over the last 12 months. Colorado has 5 major metropolitan cities ranked in the 241 cities across the United States.

Here’s how the major cities rank:

        #22   Greeley = 7.94%
#27    Colorado Springs = 7.64%
#63    Fort Collins = 6.34%
#133  Denver = 4.83%
#188  Boulder = 3.41%

** Interesting fun fact: In the WORST economy of our lifetime (2008 recession), home appreciation in Fort Collins only went down 2.2%. Compare that to places like Las Vegas that went down by over 35%**
Posted on September 6, 2019 at 4:56 pm
John Taylor | Category: Economy, For Buyers, For Sellers, fun facts, Housing Trends, market news, Northern Colorado Real Estate

How much is your home worth in Northern Colorado?

If you’re thinking about selling your home, knowing how much it could be worth is a great place to start! Get a free estimate now!

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Posted on September 4, 2019 at 4:59 pm
John Taylor | Category: For Sellers, Housing Trends, Living, market news, Northern Colorado Real Estate

Friday Fun Fact – Home Prices Across the Nation

 

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Case-Shiller

The Case-Shiller Home Price Index is a well-known report in the real estate industry and a valuable way to gauge what is happening in various markets across the Nation.

The report tracks home price appreciation in the 20 largest markets in the country.

Their most recent report shows that, Nation-wide, home prices are up 2.1% year-over-year.  Last year prices were rising at 6.3%.  So, prices are still going up but not as fast as they were.

The city with the highest appreciation over the last 12 months is Phoenix with 5.8% growth followed closely by Las Vegas at 5.5%.

Denver came in at 3.4% which makes it tied for 8th place out of the 20 cities.

 

Posted on August 30, 2019 at 1:04 pm
John Taylor | Category: For Buyers, For Sellers, fun facts, Housing Trends, market news, Northern Colorado Real Estate

Get the Windermere App!

Stay up-to-date on the latest happenings…

The Windermere Hub App gives you access to the latest and most important news and information about Windermere. No matter where you are, you can stay connected, informed, and keep your pulse on the latest at Windermere whether it be by reading updates about the company or checking out the latest social content.

                      

Posted on August 28, 2019 at 4:47 pm
John Taylor | Category: For Buyers, For Sellers, market news, Northern Colorado Real Estate, Windsor Real Estate | Tagged

See what my clients are saying on Google!

Click the link to access all

25 of my 5-Star Reviews!


Star Carson – August 25, 2019

John was super helpful! We were out-of-state buyers who didn’t know the area very well, so he took his time showing us different areas In good school districts. He made sure the process flowed smoothly, which took the stress off of us. Would definitely work with again!

Cesar Gonzalez – August 25, 2019

John helped us purchase our first home from start to finish and we couldn’t be happier. He even helped us find the perfect mortgage broker for our situation. He went above and beyond to make sure we were satisfied with our new home.


I am passionate about helping my clients realize their dreams, whether you are a first time home buyer, investor, seeking your dream home or a special property in the colorful Colorado countryside. I will meet you wherever you are in the process, and match your sense of urgency with a commensurate level of communication.

– John Taylor, 970-541-1003, jt@realtorjohntaylor.com

Posted on August 26, 2019 at 5:29 pm
John Taylor | Category: For Buyers, For Sellers, fun facts, Northern Colorado Real Estate, Uncategorized | Tagged ,