Temperatures may be cooling off but the Front Range real estate market is not.
Typically the market starts to slow down a bit in the Fall after a hot Spring and Summer.
Not this year.
The indicator we use to measure future closed sales is current pending sales.
Simply, we look at the number of properties under contract and scheduled to close versus the same time last year.
Current pending sales are way up along the Front Range when measured against 2019:
Metro Denver up 34.1%
Larimer County up 48.6%
Weld County up 50.2%
Based on these numbers, closed sales numbers over the next 60 days will be very strong.
Image Source: Getty Images
As wildfires rage throughout the West Coast, many homeowners are being evacuated from their homes, while others stand by for information as the spread continues. The following tips are meant to inform your household’s wildfire evacuation protocol, whatever your evacuation timeline may be.
Evacuation orders come from local law enforcement agencies, but if you have not received an official evacuation notice and feel threatened by wildfires in your area, do not hesitate to leave. Take only essential vehicles on the road, this will minimize traffic and reduce the chance of gridlock when evacuating the area. Keep the windows rolled up to avoid inhaling smoke and tune into local radio for updates as you head toward safer ground. And remember your masks!
What to bring
The Six P’s
- People and pets
- Phones and personal computer
- Chargers, any additional computer hardware
- Papers and important documents
- Birth certificates, passports, insurance, legal documents
- Medication, eyeglasses, contacts
- Pictures and irreplaceable keepsakes
- Payment (credit & debit cards, bank cards, cash)
- Face masks or coverings
- Extra clothing
- First aid kit
- Sanitation supplies
- Copies of important documents
- Three-day supply of food and water
If you live in an area that is not being evacuated, there are steps you can take now to prepare your home and family, if and when the time comes.
- Create a “defensible space”
- Clear your home’s surroundings of brush and vegetation
- Turn off sprinklers and main gas lines
- Clean out roof and gutters
- Move furniture away from windows toward the center of the room
- Remove flammable household items
- Prepare your emergency kit
- Include useful items listed above in “Go bag”
For additional information on protecting yourself from smoke while addressing COVID-19 health concerns, Click Here. Be sure to check your local news and emergency alert radio stations and social media profiles for the most up-to-date information and helpful resources.
Wildfires are unpredictable. Knowing what to do both in preparation for and during an emergency evacuation will have your household prepared in the event that a wildfire spreads to your area, neighborhood, or home.
The number of loans in forbearance just fell to their lowest level since mid-April.
This is good news for the real estate market.
Less and less people are seeking payment relief on their mortgages.
The number of loans currently in forbearance stands at 7.16%.
This news coincides with the U.S. Unemployment Rate falling to it’s lowest level in 5 months as more people are getting their jobs back.
The economy has added back roughly half of the 22.2 million jobs that were lost in March and April of this year.
One of the many challenges of the pandemic is getting support out to children that are currently benefiting from Childsafe services. Many children are home with their abusers during these days of quarantine. We are in need of iPads, tablets or old computers with internet and video capabilities to help these children get the support/services they need.
Please drop off your old devices at either the Windsor or Fort Collins Windermere offices. All equipment will go through a professional cleaning and memory clear. Thank you in advance for your help in this project. Donations are being accepted until 9/25/2020. #AllInForCommunity #WindermereFoundation
**Don’t have a device to donate? ChildSafe also accepts financial donations. Just click on the link below!! **
You won’t want to miss your chance to see this incredible ranch home on a large corner lot in Governors Farm. NO HOA, no metro district and within walking distance to schools, restaurants, Windsor Library, Eastman Park and so much more! 609 Meadow Drive Winsdor, CO features a finished basement, a large covered back patio and a beautifully maintained backyard that’s perfect for BBQ’s and sunsets, this home is in great condition and surely won’t last long in this hot market! Main floor master with a private master 3/4 bath. Beautiful main floor hallway bathroom redone in 2020. All new stainless steel kitchen appliances and new CertainTeed Class 4 Impact Resistant Shingles roof replaced in 2019! Don’t miss out on this incredible opportunity and get in a showing as soon as possible! Contact Meaghan Nicholl at (970) 497-9045 for your private showing for more information or click the link below for more details.
Sales of new homes have jumped to their highest levels in 14 years.
The annualized rate of single-family new construction homes is now at 901,000 according to the new Census Bureau report.
This means that across the U.S., at the current pace of sales, there will be almost 1,000,000 new homes built and sold over the next 12 months.
This pace is 36% higher than one year ago and the highest it has been since the end of 2006.
Given the low inventory levels of previously-owned homes that most of the Country is experiencing, this uptick in new home activity is welcome news.
Image source: Shutterstock
For those whose children will be taking classes online or participating in remote learning this school year, keeping the following tips in mind will help create an at-home learning environment that prioritizes health and learning, while being able to adjust to this year’s unknowns.
A home cannot fully replace all that a formal school classroom has to offer. However, what it lacks in traditional classroom appeal it makes up for in comfort and familiarity. Prepping your home to take on this additional role will help set your child up for success during what will be a unique academic year for many.
Set the tone
One of the best ways to set your children up for success this school year is to get them excited. It is important to communicate that this school year, even with all its unknowns, is an exciting opportunity for new and creative ways to learn and grow. Helping your child understand the unique learning possibilities your home provides will get the school year off to an enthusiastic start.
Create a space
Establishing a designated space for school at home is important for a child’s ability to focus and to associate a space with learning. How you create a classroom environment will depend on your home and your needs. If your child is most comfortable in their room, try incorporating their classroom setup there. Depending on your child’s age, it may help to have toys or familiar room objects nearby. However, if your child is distracted by their own room, it may be better to set up elsewhere to help them focus, such as a nook or office.
Allowing your child the freedom to make the space their own will help stimulate their imagination, which is vital to their learning and enjoyment of school.
Wherever the home classroom is, be sure that area has minimal distractions, maintains a strong internet connection, and is well-stocked with school supplies within reach at all times.
Back to school
To maintain a sense of normalcy, keep your family’s back-to-school traditions intact this year, such as picking out school supplies, back to school clothes shopping, and everyone’s favorite first day of school photo. These ceremonies of preparation for the school year will build excitement while bringing some familiarity to those final days of summer.
Establish a routine
Just as adults have discovered new routines to parallel the shift to remote work, children need a shift in their daily flow to mirror the change to remote learning. The rigor of their school schedule will determine how much flexibility you have in putting together a routine.
Stay active, incorporating movement breaks throughout the day to make up for the lack of physical activity. Plan out times away from their computer screens to differentiate between work and playtime. It’s recommended that children move at least 60 minutes a day, so prioritize exercise and movement, going outside when possible. This change of scenery is a helpful intermission for children. It gives their eyes a rest from their screens and returns them to their learning space feeling refreshed and revitalized.
Granted, your ability to facilitate your child/children’s preparedness and monitor their continued learning is based on various factors like your work schedule and what resources your school district is providing for at-home learning. No matter your household’s situation, taking these factors into consideration where possible will help set your student(s) up for success.
The Federal Housing Finance Authority just released their most recent quarterly report which tracks home price appreciation in the top 100 metropolitan areas in the U.S. plus appreciation in individual states.
Some significant findings from the report:
House prices have risen for 36 consecutive quarters, or since September 2011.
House prices rose in all 50 states and the District of Columbia between the second quarters of 2019 and 2020.
The top five areas for annual appreciation were:
1) Idaho 10.8%
2) Arizona 9.1%
3) Washington 8.6%
4) Utah 8.1%
5) New Mexico 7.7%.
Idaho has been the leading state for the last 7 quarters.
Colorado showed annual appreciation of 4.4%.
The areas showing the lowest annual appreciation were:
1) West Virginia 1.1%
2) North Dakota 1.1%
3) District of Columbia 1.4%
4) Illinois 2.5%
5) Alaska 2.6%.
House prices rose in 99 of the top 100 largest metropolitan areas in the U.S. over the last four quarters.
Annual price increases were greatest in Honolulu, HI, where prices increased by 11.7%.
Prices were weakest in San Francisco, where they decreased by 0.3%.
Welcome home to this beautiful updated and well-maintained home at 482 Territory Lane in Johnstown. This home features amazing curb appeal, updated laminate flooring throughout the main floor, stylish updated paint throughout the entire home, 4 bedrooms all on the upper level perfect for a family, and a beautifully landscaped back yard with a large established garden. The exterior has been recently painted and the front porch has been updated to make this home really stand out!! Contact Brooke Kern at (970) 980-8349 for your private showing for more information or click the link below for more details.
Welcome to 858 Shirttail Peak Drive in Windsor! This beautifully maintained 2017 ranch-style home in the desirable Winter Farm neighborhood. Just like a new construction model home w/out the price! Back landscaping complete with window well covers and all window coverings included. This home boasts an open, bright floor plan w/ 5 bedrooms, 3 bathrooms, oversize 3 car garage, and an expanded back patio perfect for hosting BBQs in the backyard abutting a peaceful greenbelt. Upgraded finishes throughout including hardwood floors, stainless steel appliances, and tile floors and granite countertops in bathrooms. The fully finished basement features a huge family/rec room with plenty of natural light from the oversize windows and a great amount of storage. Enjoy being just minutes from downtown Windsor and Windsor Lake, the park down the street, walking trails and open spaces throughout the neighborhood this home offers year-round enjoyment! Contact Meaghan Nicholl at (970) 497-9045 for your private showing for more information or click the link below for more details.