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Homes for Sale in Fort Collins Colorado!

by Team Cook

BUILD UP TO A 1200 SQFT. GARAGE ON THIS
1 ACRE LOT!

JUST LISTED!
1001 Somerly Lane - Fort Collins
$469,900.00

   

CLICK HERE TO TAKE A VIRTUAL TOUR!

NOT THE HOME YOUR LOOKING FOR?!
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Market Conditions for Northern Colorado as of August 20th

by Team Cook

Market Conditions for Larimer County

The number of homes on the market as of 08/20/2010 is 3592

The average days on the market is of 08/20/2010 is 117

Market Conditions for Berthoud

The number of homes on the market as of 08/20/2010 is 129

The average days on the market is of 08/20/2010 is 140

Market Conditions for Loveland

The number of homes on the market as of 08/20/2010 is 908

The average days on the market is of 08/20/2010 is 114

Market Conditions for Fort Collins

The number of homes on the market as of 08/20/2010 is 1459

The average days on the market is of 08/20/2010 is 107

Market Conditions for Johnstown

The number of homes on the market as of 08/20/2010 is 178

The average days on the market is of 08/20/2010 is 119

Market Conditions for Larimer County

The number of homes on the market as of 08/12/2010 is 3600

The average days on the market is of 08/12/2010 is 117

Market Conditions for Berthoud

The number of homes on the market as of 08/12/2010 is 133

The average days on the market is of 08/12/2010 is 140

Market Conditions for Loveland

The number of homes on the market as of 08/12/2010 is 908

The average days on the market is of 08/12/2010 is 114

Market Conditions for Fort Collins

The number of homes on the market as of 08/12/2010 is 1465

The average days on the market is of 08/12/2010 is 107

Market Conditions for Johnstown

The number of homes on the market as of 08/12/2010 is 177

The average days on the market is of 08/12/2010 is 118

Market conditions for Fort Collins, Colorado

by Team Cook

Market Conditions for Fort Collins Colorado

The number of homes on the market as of 07/30/2010 is 1509

The average days on the market as of 07/30/2010 is 103

Vital Information for First-Time Buyers!

by Team Cook

Vital Information for First-Time Buyers!


 The first-time homebuyer Federal tax credit for $8000, record-low interest rates, and nationwide median home prices dropping to the lowest point in five years, makes this an enticing time to consider buying a home. By the way, that tax incentive isn't truly just for first-time buyers -- it's defined as those not having owned a home in the last three years. Research and knowing your options are critical. Check with your tax accountant for more details. It’s increasingly likely that Congress will extend and expand the popular home buyer tax credit, which will expire at the end of this month.

According to an article in August in the Raleigh News & Observer, 10.8 percent of buyers are motivated to buy due to Federal and state tax incentives. So far only 1.14 million buyers have filed for the credit but many more are expected to file for it on their 2010 returns. However, the National Association of Realtors reports that the first-time homebuyer figure in July was still about 10 percent below the average for the past six years.

There are many aspects to consider when buying your first home. Your price point, location, lifestyle, expert help, mortgage programs, inspections, how quickly you want/need to move, the list goes on. It can seem like an overwhelming process for first-time buyers. In fact, some shy away and continue to rent simply because they don't know who to turn to or where to begin. Today there are more resources than ever available with just the click of a mouse; however, that can create information overload! But if you take a breath and relax, I'll sort through some important factors for home buying. And even if you're a seller, it's good to review this material because it helps to remind you where first-time buyers' mindsets are when they make an offer on your home.

Give yourself more time than you think you need. Due to the housing crisis and credit crunch, the mortgage process can take even longer than it did previously. Searching for a home is averaging about 12 weeks while getting the mortgage process wrapped up can take up to 60 days, according to information released by National Association of REALTORS 2008 Profile of Buyers and Sellers.

Give yourself plenty of time to understand how much home you can afford, what kind of loan is most suitable for your needs, and, of course, plenty of time to select the home that fits your lifestyle. First-time homebuyers often don't have a lot of comparison shopping experience. Frequently they're just getting started. What is acceptable for a rental is likely different from what first-time buyers expect and accept when purchasing their first home. However, first-time buyers must understand that shopping for a home is akin to shopping for a mate... there are always some compromises that are necessary. If you don't allow enough time, you'll find that it will lead to headaches, rushed decisions, and, in the end, you may feel pressured to buy something that you have not had enough time to completely consider—maybe because you have to relocate and start your job.

Never skip an inspection. You simply can't spot everything that could be wrong with the home. While not all sellers do it, some hire an inspector to inspect the home when they list it on the market. However, the burden of the inspection typically falls on the buyer to pay for it. And the information you receive is invaluable. Hiring a certified inspector to give the home a once-over will help you discover problem areas that your agent can then negotiate for repair work or price adjustment. Also, note that the home inspections (yours and the sellers) may differ; examine both, this way you'll learn more about your potential home.

Frank Schulte-Ladbeck, a licensed home inspector says that when you get your home inspection be certain to have everything turned on. In one case, "The water valve to the house was turned to almost off. When you turned it on to regular pressure... the seller had water spurting out of almost all of the faucets because all of the O-rings, the seals, had all dried so much that they were just allowing water to spill right out of them," said Schulte-Ladbeck.

Use experts to help prepare. Having a team of experts who can expedite your search by finding the most suitable properties for you will save you endless hours of looking. Also, the right mortgage expert simplifies the loan process. You'll be guided through the home-buying process instead of becoming overwhelmed by the options, paperwork, and tasks. Using the best specialists can truly make buying your first home a wonderful experience.

Written by Phoebe Chongchua

If you are a first-time home buyer, call Team Cook today!

October 2009 DID YOU KNOW???

by Team Cook

Did you know???

  • A recent analysis of locally owned homes between 910 and 1,149 square feet appreciated 4.5 percent. Homes between 2160 and 2,874 square feet lost 5 percent of their value and homes with more than 2,875 square feet fell 10.45 percent.  

 

  • Jeff Thredgold, an economist for Vectra Bank Colorado. Emphatically, Thredgold said "The Great Recession' is no more. It's over, finished, kaput!"

 

  • Lawrence Yun, the NAR's Chief economist, said the housing market "has decisively turned for the better."

 

  • According to the Commerce Department, bookings for durable goods in July climbed 4.9 percent, which exceeds the forecasts as well as achieves the largest gain since July of 2007.

 

  • According to the American Institute of Economic Research, Fort Collins ranked among the top small college cities in the United States. In its "College Destinations Index 2009-2010," the AIER evaluated categories such as academic environment, quality of life and professional opportunities.

 

Weekly Market Conditions!

by Team Cook

Weekly Market Conditions!

October 22, 2009

Berthoud - The number of homes on the market as of 10/22/09 is 131.
The Average Days on Market as of 10/22/09 is 162

Ft. Collins - The number of homes on the market as of 10/22/09 is 1469
The Average Days on Market as of 10/22/09 is 106.

Johnstown - The number of homes on the market as of 10/22/2009 is 124.
The Average Days of Market as of 10/22/09 is 110.

Loveland - The number of homes on the market as of 10/22/09 is 852.
The Average Days on Market as of 10/22/09 is 116.

Larimer County - The number of homes on the market in Larimer County as of 10/22/2009 is 3374.
The average days on market for Larimer County as of 10/22/2009 is 119.

Weekly Market Conditions!

by Team Cook

WEEKLY MARKET CONDITIONS!

OCTOBER 14, 2009

BERTHOUD - The number of homes on the market as of 10/14/09 is 129.
The Average Days on Market as of 10/14/09 is 162

LOVELAND - The number of homes on the market as of 10/14/09 is 847.
The Average Days on Market as of 10/14/09 is 116.

FT. COLLINS - The number of homes on the market as of 10/14/09 is 1499
The Average Days on Market as of 10/14/09 is 106.

JOHNSTOWN - The number of homes on the market as of 10/14/2009 is 122.
The Average Days of Market as of 10/14/09 is 109.

LARIMER COUNTY - The number of homes on the market in Larimer County as of 10/14/2009 is 3400.
The average days on market for Larimer County as of 10/14/2009 is 119.

Displaying blog entries 11-18 of 18

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Contact Information

Team Cook Real Estate Services
The Cottage Realty Ltd.
908 Mountain Avenue
Berthoud CO 80513
970-532-2695
Fax: 970-532-2699

"I have truly heard and seen first-hand that Cottage Realty is wonderful, exemplary, and a real asset to the economy of Northern Colorado. I will definitely keep Cottage Realty in mind as my first choice if and when I have real estate needs in the future. Again, thank you so much. I will also refer you to friends and family who need your services. Sincerely...Stacy"