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Carrie Sexton Homes Real Estate Newsletter
Vol 1, 2nd Edition, January 2016




 
"Tomorrow, is the first blank page of a 365 page book, write a good one."
-Brad Paisley






 

4 Real Estate Trends We'll See in 2016

1. Home Prices May Stagnate:
As the Federal Reserve worries less about stimulus and more about keeping inflation in check with an economy that’s finally producing jobs, interest rates will go up, increasing the cost of credit for those seeking to purchase a home.

2. More Millenials Will Look to Buy a Home:
The good news is that more millennials want to buy homes between now and 2018, according to Trulia.com. Just 65% of millennial-aged borrowers (ages 18 to 34) wanted to own a home in 2011, according to the real estate group, but now that number has increased to 80% for 2015, up from 78% in 2014. And one-third of those will want to buy in the next two years, Trulia says.

3. There May be Fewer Houses Available for Buyers:
The steady recovery in real-estate prices in many markets over the last four years has been a two-edged sword for people looking to buy a home or move up to a larger or better one.For one, it’s hurt entry-level borrowers trying to get starter homes. But the flip side is that if you own a home, you’re more likely to take the equity gains and plow them back into improving your home, rather than moving to a larger one, says Kermit Baker, an economist with the American Institute of Architects. “It’s the mortgage lock-in effect,” says Baker.

4. More New Mortgage Loan Products Will be Needed:
As mortgage interest rates rise, the need for more loan products that don’t require large down payments or years of mortgage insurance premiums is going to rise in 2016 as well, says Anthony Hsieh, chief executive of loanDepot.com, the second-largest nonbank lender in the U.S. “We have a real lack of programs out there for consumers to extract equity,” he said.

The Best Ways to Save Money on Your Home in 2016!
1. Get an energy audit
2. Adjust your water heater
3. Swap your lightbulbs
4. Kill your home's energy vampires
5. Wash your clothes in cold
6. Strip your windows in winter
7. Film your windows in summer
8. Cut the cord
    


Test Your Knowledge of Real Estate
Take the Quiz and Find Out How Much You Actually Know!

CLICK HERE TO GET STARTED

Local Real Estate Statistics

FORT COLLINS RESIDENTIAL DETACHED
YTD # of Listings Sold Previous Year # Sold % Difference Previous Yr
2,737 2,936 -6.8%
YTD ADOM Previous Year ADOM % Difference Previous Yr
78 82 -4.9%
Median Sales Price-NOV 2015 Previous Year Median % Difference Previous Yr
$319,500 $290,000 10.2%
GREELEY & EVANS RESIDENTIAL DETACHED
YTD # of Listings Sold Previous Year # Sold % Difference Previous Yr
1,866 1,764 5.8%
YTD ADOM Previous Year ADOM % Difference Previous Yr
67 70 -4.3%
Median Sales Price-NOV 2015 Previous Year Median % Difference Previous Yr
$236,000 $198,450 18.9%
LOVELAND/BERTHOUD RESIDENTIAL DETACHED
YTD # of Listings Sold Previous Year # Sold % Difference Previous Yr
1,987 1,847 7.6%
YTD ADOM Previous Year ADOM % Difference Previous Yr
77 90 -14.4%
Median Sales Price-NOV 2015 Previous Year Median % Difference Previous Yr
$301,269 $295,709 1.9%
 
* YTD = Year-to-Date
* ADOM = Average Days on Market
Source: IRES, “Regional Snapshot 2015,” data available as of 12/31/2015.


Welcome 2016!

 


Need Help with Your Resolutions?
Take a look at Jon Gordon's

20 Tips For a Positive New Year!

Is one of your goals to become a better listener?

Here are 6 ways to show you how!

Home Maintenance
* Winterize Now
* Allergy Proof Your Home

Prevent Ice Dams this Winter

If you've never had an ice dam, you are lucky. Early cold snaps & below 0 degree temperatures along with water in your home's gutters that doesn't drain can freeze into an ice dam that traps water and ice on your roof, along the fascia and down the siding. At best, you will have siding damage, at worst, you'll need full roof and gutter replacements.
 

Local January Events
Colorado Eagles Hockey Starts 10/16

What You Should be Doing in January

12 National Parks to Visit Before they get too Crowded!

Kitchen Trends to Watch

Here are 9 Trends to Watch for in 2016!

1. Soft muted color palettes: Charcoal, grays and neutral pastels.
2.  Smart spaces: Designated spots for smart devices
3. An 80's reboot: Mirrored back splashes, brass accessories and high gloss surfaces.
4. Metal range hoods
5. Integrated kitchen-living spaces: streamlined kitchen designs.
6. A new kind of tradition: Bold lines, less details
7. Texture on texture contrast
8. A nod to mid-century mod: Incorporation of 60's modern style
9. Well-lit cabinetry

View My Website for Helpful Real Estate Tips!

Search for Homes in Northern Colorado! 

www.CarrieSextonHomes.com



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Copyright © *|2015|* *|CARRIE SEXTON HOMES*, All rights reserved. |January|Monthly Newsletter|*

CarrieSextonHomes@gmail.com
 
Carrie Sexton, CNE, GRI
Broker Associate/Realtor

Re/Max Eagle Rock
6028 Stallion Drive
Loveland, CO 80538



(970) 685-1847
Contact Me
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