Not every home sells immediately

Monday, November 9th, 2020
Ryan Jenkins

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.

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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.

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JUST LISTED – 30 Circle Drive

Monday, October 5th, 2020
Ryan Jenkins

$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.

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