A few things to know about land subdivision in NoCo. First and foremost it will take longer and cost more than you probably think. Feel free to reach out and we can walk you through the logistics.
We are thrilled to welcome our newest agent, Naomi Rutkey, to our Grey Rock team! Naomi has spent the last 15 years working for some of the top marketing agencies in the country. Her impressive background and experience are serving her well in the real estate business and we are excited to see how she thrives in this industry. Welcome, Naomi!
The NoCO real estate market continues to be affected by historically low-interest rates and the pandemic. We are feeling the exodus from large cities all over the country. Many of our recent buyers continue to be employed in places like Chicago and Los Angeles but are deciding to relocate and live here in northern Colorado.
Do you price low and get a bidding war going or price higher to ensure you get the price you’re shooting for? In this video I talk about two nearly identical homes in the same neighborhood that sold in the same month but one went for $22,000 more than the other.
For every story you hear about a home selling in 1 or 2 days for over asking price, there’s another story you didn’t here about a house that was on the market for two or three weeks before going under contract. Don’t panic, trust your pricing and your marketing and wait for the right buyer to walk through. 2 weeks is about the average market life for homes in NoCo.
Thumbs up to our agent Bill Coleman who brought the buyers to 875 Winding Brook, part of the Creekside Townhome community located in the heart of Berthoud with mountain views! Congratulations to your buyers and best wishes to them in their new home!
I made a quick video for this month’s market update. I wanted to talk candidly about what’s going on with our real estate market because it’s hard to wrap your head around. We had huge appreciation September 2020 vs September 2019, prices in Fort Collins are up almost 13%, prices across Northern Colorado up about 10%. Obviously, very surprising during a global pandemic. This is a complex issue and can’t just be boiled down to low-interest rates. Also, I want to be clear that we do not report these numbers joyfully. We’re acutely aware that these incredible rates of appreciation further exacerbate an already acute housing affordability issue. That being said, we feel it is all the more important than ever to explain what is driving the market so that you can act accordingly.
$650,000 – 30 Circle Drive, Fort Collins, CO 80524
Gorgeous post war architecture on one of Fort Collins’ most desired streets. Lovely open floorpan, chef’s kitchen with tons of counter space, double oven and gas cooktop. Large master suite up with private bath and massive walk in closet. 2 car garage with alley access. Ultra private yard. Low maintenance brick. Recent roof and furnace. The floor plan is already setup beautifully but since it hasn’t been recently renovated, a light remodel would bring it to a much higher price point.
New podcast -A discussion about the state of the NOCO real estate market during and after the covid lockdown
In this episode, Ryan chats with longtime friend and new Grey Rock agent, Scott Lowe, about how the NOCO real estate market is holding up in the pandemic over “take-out” beers from Lucky Joe’s.