BlogcommunityFoundationWindermere Foundation September 26, 2020

Electronic Device Drive Has Been Extended!!!

Donation

We still need more devices!!! ChildSafe needs our help! Join us, through the Windermere Foundation, in an to benefit Childsafe.

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 NOW being accepted until 10/01/2020. #AllInForCommunity #WindermereFoundation

**Don’t have a device to donate? ChildSafe also accepts financial donations. Just click on the link below!! **

https://www.childsafecolorado.org/donate/

BlogHome Owner September 16, 2020

Wildfire Preparation and Evacuation Tips

Evacuation

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.

 Immediate evacuation

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
  • Prescriptions
    • Medication, eyeglasses, contacts
  • Pictures and irreplaceable keepsakes
  • Payment (credit & debit cards, bank cards, cash)

Go bag

  • Face masks or coverings
  • Extra clothing
  • First aid kit
  • Toiletries
  • Tools
  • Flashlight
  • Batteries
  • Sanitation supplies
  • Copies of important documents
  • Three-day supply of food and water

Evacuation Preparation 

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.

BlogcommunityFoundationWindermere Foundation September 9, 2020

Electronic Device Drive!!!

Device Donation

ChildSafe needs our help! Join us, through the Windermere Foundation, in an to benefit Childsafe.

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!! **

BlogLiving September 1, 2020

Preparing for the School Year at Home

Virtual Learning

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.

Colorado HousingFor Buyers August 26, 2020

Buying with Your Pets in Mind!

Pets

Image source: Canva

For many of us, pets play a central role in our home life, so taking into account what is best for them when buying a home is important for both their happiness and that of your entire household.

Your neighborhood

When looking for homes that are well suited to both you and your furry companion, consider the area surrounding the home. If your pet is an indoor/outdoor animal, it’s important to examine the hustle and bustle of the neighborhood. If your pet spends time outside, a busy neighborhood could be dangerous, and depending on the level of traffic, he or she may need to be on a leash at all times.

How conducive is the neighborhood for taking your pet on walks? If you frequently walk your pet, look for neighborhoods with sidewalks. If your pet enjoys being off-leash, consider prioritizing homes with green belts, parks, trails, or designated off-leash areas nearby. It’s also a good idea to identify where the local emergency pet centers and veterinarian clinics are to insure there is sufficient medical care for your pet in proximity to where you live.

Your House

  • Size: Is the house big enough? Depending on the type of pet, or breed of animal, space may be the most important factor in picking a pet-friendly home. If you are moving into a bigger space than you were in previously, understand your pet will likely take to the additional room differently. On the flip side, if you are downsizing, be mindful of how it might impact your pet.
  • Yard: If you have a pet that spends time outside, it’s important to pay particular attention to the yard. Is it large enough? Does it have a secure fence? Is there easy access between the home and the yard?
  • Flooring: Pet-friendly flooring can be tough. Surfaces that can be repaired or refinished when scratched are typically the best options for homes with pets. Sealing additional layers will build up the resistance to damage from paws, claws, and general pet wear and tear.
  • Carpet: Cats are notorious for clawing and scratching at carpet, and dogs are infamous for bringing the outdoors in with them. Consider carpeting of a lesser quality in the area where your pets spend most of the time, or search for carpets that are stain-resistant and easy to clean.
  • Stairs: Older pets and multileveled homes are at odds. Consider the age of your pet and how active you expect them to be so that you don’t find yourself in a position where you’re having to carry your pet between floors.

HOA?

When looking at a home, ask whether or not it is a part of a Homeowners Association and what restrictions may apply to the property. For instance, certain HOA developments limit the number and/or type of pets per household.

Most pet owners take the needs of their pets seriously. In fact, in a recent Realtor.com survey, 75 percent of the respondents said they would not accept an otherwise perfect home if it didn’t meet the needs of their pet. When it comes down to it, prioritizing your pet when buying a home not only insures your pet’s well-being, but that of your household, as well.

Colorado HousingFor Buyers & Sellers August 20, 2020

Empty Nesters: Remodel or Sell?

Empty Nesters

Your kids have moved out and now you’re living in a big house with way more space than you need. You have two choices – remodel your existing home or move. Here are some things to consider about each option.

Choice No. 1: Remodel your existing home to better fit your current needs.

  • Remodeling gives you lots of options, but some choices can reduce the value of your home. You can combine two bedrooms into a master suite or change another bedroom into a spa area. But reducing the number of bedrooms can dramatically decrease the value of your house when you go to sell, making it much less desirable to a typical buyer with a family.
  • The ROI on remodeling is generally poor. You should remodel because it’s something that makes your home more appealing for you, not because you want to increase the value of your home. According to a recent study, on average you’ll recoup just 64 percent of a remodeling project’s investment when you go to sell.
  • Remodeling is stressful. Living in a construction zone is no fun, and an extensive remodel may mean that you have to move out of your home for a while. Staying on budget is also challenging. Remodels often end up taking much more time and much more money than homeowners expect.

Choice No. 2: Sell your existing home and buy your empty nest dream home.

  • You can downsize to a single-level residence and upsize your lifestyle. Many people planning for their later years prefer a home that is all on one level and has less square footage. But downsizing doesn’t mean scrimping. You may be able to funnel the proceeds of the sale of your existing home into a great view or high-end amenities.
  • A “lock-and-leave” home offers more freedom. As your time becomes more flexible, you may want to travel more. Or maybe you’d like to spend winters in a sunnier climate. You may want to trade your existing home for the security and low maintenance of condominium living.
  • There has never been a better time to sell. Our area is one of the top in the country for sellers to get the greatest return on investment. Real estate is cyclical, so the current boom is bound to moderate at some point. If you’re thinking about selling, take advantage of this strong seller’s market and do it now.

Bottom Line

If your current home no longer works for you, consider looking at homes that would meet your lifestyle needs before taking on the cost and hassle of remodeling. Get in touch with a Windermere Real Estate broker to discuss the best option for you.

Home ImprovementHousing Trends August 18, 2020

How to Improve Your Curb Appeal

Curb Appeal

Image Source: Canva

When it comes time to sell your home, first impressions are crucial. Improving your curb appeal helps to make the most of a buyer’s first glance and sets the stage for their interest in purchasing your home. The following projects are simple and inexpensive ways to enhance both your home’s first impression and its value.

Landscaping

  • Lawn: A healthy, well-tended lawn goes a long way towards improving your curb appeal. Clean up all weeds, leaves and debris, and consistently water your lawn to give it that fresh green look. If you live in an arid climate, consider grass alternatives like artificial turf for the best lawn aesthetic.
  • Plant colorfully: Adding color variety to your front yard will grab buyers’ attention. Align smaller plants, like groundcover and flowers, neatly within your flower beds, aiming for symmetry when possible. Use larger plants and trees to frame in your entryway or walkup. If your front yard doesn’t have flower beds, try adding hanging planters or window boxes.
  • Lighting: Landscaping lighting boosts your curb appeal during nighttime, accentuates your shrubbery, and adds a welcoming touch for visitors as potential buyers, lighting the way to your door.

Flower Box

Image Source: Canva

Porch

Front porches set the stage for all your home has to offer. Improvements here will play a significant role in how comfortable potential buyers feel about the property and how inspired they are to explore the inside of the house.

  • Door: Your front door is an opportunity to make a tasteful statement. Look at bold color choices that are within or slightly stretch your home’s exterior color palette. Take time to prepare the surface for a fresh coat of paint to make the color pop as much as possible. Try stylish doorknob options that accentuate the aesthetic to give your door some added flair.
  • House numbers: New and stylish house numbers are an easy, eye-catching touch to the look of your porch. Look for styles that match with your exterior color palette and any exterior lighting fixtures.
  • Go for comfort: Incorporating classic front porch elements like a porch swing, sitting bench, and other outdoor furniture gives a welcoming aura to the front of your home and creates a sense of comfort for prospective buyers.
  • Shutters: Windows are the gateway to the inside of your home. Shutters of delicate fabric will bring elegance to your front porch, while wooden shutters deliver a solid, cozy vibe.

Other

These miscellaneous projects will add the finishing touches to your home’s curb appeal and get it in prime selling condition.

  • Quick maintenance: Small chores and minor fixes like cleaning gutters, repairing chipped paint, and cleaning windows are important for buyers with a detailed eye.
  • Staining: Instead of replacing fences or garage doors, look into applying a fresh stain. This brings a refreshed look and is much cheaper than a full renovation or replacement.
  • Power wash: Power washing your walkways and driveways makes a significant difference in curb appeal. If buying a power washer is outside your budget, explore rental options from the big-name hardware stores.
Colorado Real EstateMarket NewsWindermere Real Estate July 27, 2020

Colorado Real Estate Market Update

 

The following analysis of the Metro Denver & Northern Colorado real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere agent. 

 

ECONOMIC OVERVIEW

COVID-19 had significant negative impacts on employment in Colorado. The pandemic caused the loss of over 342,000 jobs in March and April as unemployment rose to 12.2%. For comparison, peak unemployment following the Great Recession was 8.9%. However, it appears as if the massive contraction in employment is behind us (at least for now). Employment in Colorado rose in May by 68,800 jobs, a monthly increase of 2.8%, pushing the unemployment rate down to 10.2%. Regionally, the Denver metro area added 18,600 jobs in May and the Fort Collins metro area added 3,500 jobs. It is certainly too early to say that we are out of the woods, but we seem to be headed in a positive direction. Colorado’s COVID-19 infection rates started increasing again in June, which could slow down the economic recovery. However, I do not believe that it is likely to have any substantial impact on the housing market.

 

HOME SALES

  • In the second quarter of 2020, 9,867 homes sold. This represents a drop of 20.7% compared to the second quarter of 2019, but sales were 7.4% higher than in the first quarter of this year.
  • Sales dropped across all markets compared to the second quarter of 2019. I do not find this concerning as the drop can be attributed to limited supply and COVID-19.
  • Inventory levels remain tight, with the average number of homes for sale in the quarter down 21.3% from the same period in 2019. However, listings were up an impressive 15.6% over the first quarter of 2020.
  • I was pleased to see total pending sales in the quarter increase 16.3% compared to the first quarter, suggesting closing data for the third quarter will be better than we are currently experiencing.

 

HOME PRICES

  • Home prices held steady compared to the second quarter of 2019 at an average of $480,831. Prices were up 0.7% compared to the first quarter of this year.
  • Interest rates remain at very low levels and will stay in the low 3% range for the balance of the year, if not longer. This can allow prices to pick back up.
  • Price growth across the region was varied. Seven counties saw price growth and five experienced a drop in average sale price. Clear Creek County again saw prices rise substantially. However, as you are likely aware, it is a very small market and subject to wild swings. Prices dropped most in the equally small Gilpin County.
  • I am still watching affordability in many Colorado markets and will take this temporary “pause” as a good thing.

DAYS ON MARKET

  • The average number of days it took to sell a home in the markets contained in this report dropped by only one day compared to the second quarter of 2019.
  • The amount of time it took to sell a home dropped in eight counties, remained static in one, and rose in three compared to the second quarter of 2019.
  • It took an average of 29 days to sell a home in the region.
  • The Colorado housing market is demonstrating solid demand, and listing activity is trending higher. I expect that the summer market will be brisk.

CONCLUSIONS

This speedometer reflects the state of the region’s real estate market using housing inventory, price gains, home sales, interest rates, and larger economic factors.

Demand appears to be returning, which—combined with historically low interest rates—should lead to a brisk summer housing market. Assuming that the state gets new infection rates under control, I do not see why the housing market wouldn’t perform well this summer. As such, I have moved the needle just a little more in favor of home sellers.

 

ABOUT MATTHEW GARDNER

As Chief Economist for Windermere Real Estate, Matthew Gardner is responsible for analyzing and interpreting economic data and its impact on the real estate market on both a local and national level. Matthew has over 30 years of professional experience both in the U.S. and U.K.

In addition to his day-to-day responsibilities, Matthew sits on the Washington State Governors Council of Economic Advisors; chairs the Board of Trustees at the Washington Center for Real Estate Research at the University of Washington; and is an Advisory Board Member at the Runstad Center for Real Estate Studies at the University of Washington where he also lectures in real estate economics.

 

BlogEconomics 101Market NewsWindermere Real Estate July 6, 2020

Matthew Gardner Weekly COVID-19 Housing & Economic Update: 7/6/2020

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Matthew Gardner Weekly COVID-19 Housing & Economic Update: 6/29/2020