News to Know This Month: Real Estate Update

News to Know This Month

A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But the most recent data shows that national home prices appear to have bottomed out. If you’re waiting to buy, now’s the time to do it.

If you’re waiting to sell, a well priced, move-in-ready home will sell quickly in the Front Range market. I’ve heard from several sellers about how the high interest rates on a new loan are deterring them from selling right now.

If that’s the case, you can review your options to see what might make sense, such as leveraging the equity in your current house to reduce the amount of your next mortgage or accepting a higher interest rate now with a plan to refinance if rates drop in the future.

As always, let me know if I can offer any assistance with your real estate needs!

~Andria Allen

303-810-8375

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What Are The Most Common Fair Housing Violations?

April is National Fair Housing Month! Check out the most common fair housing violations landlords make so you can be better prepared…Read More

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Best Hikes In the RMNP

The Rocky Mountain National Park is full of gorgeous hikes, lakes, mountain tops, and wildlife. Here’s a list of some favorites! Read More

News to Know This Month: Real Estate Update

News to Know This Month

Real estate is always a hyper local market, where home prices and strategies can change from street to street. This spring market is proving this concept true to an almost extreme level in our area.

The right house at the right price is receiving multiple offers in some specific pockets along the Front Range. However, it’s more common to see a home close by patiently waiting for the right buyer to come along and submit an offer.

Looking at the stats below, you can see the overall Front Range sales follow suit with national trends. A lower number of sales and decreased median prices are seen overall as the extreme over-asking price offers of last year are no longer prevalent.

~Andria Allen

303-810-8375

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What’s Ahead for Home Prices in 2023

As we get closer to the spring real estate market, experts are continuing to forecast what they believe will happen with home prices this year and beyond. Read More

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Front Range Easter Egg Hunts!

Easter egg hunts are returning to the Front Range this year! Here’s an eggstravagent list of some of the top spots for you and the young ones to hop around and hunt for goodies! Read More

Black Diamond Top Producing Real Estate Agent Recognition by 5280 Magazine

I have been selected as a Black Diamond Top Producing Real Estate Agent by 5280 Magazine for 2023. This selection is based on nominations from real estate brokerages in seven metro-area counties and on sales volume for the prior year.  Thank you to all my wonderful clients who trusted me to help with the sale or purchase of a property.  I am honored to be a member of this group.

If I can help you, or someone you know, with a real estate transaction, questions or home valuation, please don’t hesitate to contact me. You can reach me via my website at www.andriaallen.com.

News to Know This Month

Crisp mornings and evenings, the first hints of the leaves changing and pumpkin spice on store shelves. Fall has arrived! Now that the kids are back in school, we’re also fully immersed in the fall real estate market.

The market is very different than what we were seeing in the spring or even this past summer. Houses are on the market longer, but still seeing respectable offers. Inventory is limited, but buyers have more choices than a few months ago. Lastly, open houses seem to be the most popular way for perspective buyers to view houses, with fewer individual showings being scheduled.

Overall, the market is shifting from an undeniably strong seller’s market to an environment that encourages negotiation from both sides of the transaction.

~Andria

303-810-8375

andria@andriaallen.com

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Corn Mazes and Pumpkin Patches

The October pumpkin patch and corn maze guide is here! Check out some of the best fall activities from Denver all the way up to Fort Collins. Read More

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Six Reasons to Sell in the Fall

Despite popular belief, fall is a great time to sell. The reality is that the economy, not the weather, dictates prices and buyer behavior. Read More

Front Range Fun: Hayrides, Corn Mazes, and Pumpkins

As we are moving into fall, shorter days, and hopefully cooler weather, there are a lot of fun events going on in Boulder County.  Check out the list of events and locations for your weekend activities.

As always, please give me a call if I can help you, or someone you know, with real estate.

Andria Allen

303-810-8375

andria@andriaallen.com

Fall Housing Market Update

Market Shifting Toward Buyers?

If you tried to buy a home in Colorado in the past year, you can attest to the tight inventory, which has been declining since 2011 and still sits at historic lows. However, new data from the National Association of REALTORS® (NAR) suggests that the bottom may have been reached in January 2021. Since then, inventory nationwide has increased from 1.9 to 2.5 months’ supply, a 31.6 percent increase. Although we’re still in a sellers’ market—6 months’ supply is considered a balanced market—the NAR data brings hope to homebuyers, especially in Colorado, where the inventory of homes for sale increased 17.8 percent in June. For buyers, it means your dream home may be closer than you think. And for sellers, it means the window of super-heated selling may finally be drawing to a close.

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Colorado’s Competitive Second-Home Markets

Remote workers able to connect from anywhere, historic low interest rates, and high savings rates have created the perfect storm of demand for second homes in Colorado.

Read more

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New Records Across Denver and Colorado

June brought a welcome increase in new listings for Colorado homebuyers, but it will take some time before the laws of supply and demand kick in.

Read more

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Shifting Priorities in Home Design

COVID accelerated many trends, including the art of home design. Modern homes now include space for two spouses to work and relax, expansions to accommodate aging parents and more.

Read more

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The Race Continues

COVID is not as over as we had hoped. Anxiety has returned for some, but economic harm is overseas and not here, so…the Great Single-Family Home Race is still on!

Read more

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Best Times to Buy Things for Your Home

According to research by HouseLogic, there’s a predictable cycle in the price of household goods. You can save a bundle on everything from refrigerators to mattresses by knowing when prices will be at their lowest.

Read more

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WK Real Estate : The Colorado Migration

Many of you are asking me if the current “brisk”, “crazy”, “competitive” real estate market will continue.  I wish I knew.  This article helps us understand why real estate is such a hot commodity right now – especially in our area. I have heard that as builders catch up a bit this fall, that the competitiveness may subside a bit. I think as long as interest rates remain this low along with very low inventory, real estate will continue to be challenging for buyers.

If I can help you with any real estate questions or needs, please don’t hesitate to contact me.

Andria Allen

303-810-8375

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While this past year has been anything but normal, it is now routine to see Colorado receive distinctions left and right, especially when it comes to the quality of life and economic vitality.

• In October 2020, U.S. News revealed their rankings for the Best Place to Live and four of the top five on the list were in Colorado, with Boulder ranked number one.

• In January 2021, Boulder claimed the top spot on Yahoo’s list of best places to live for quality of life.

• In February 2021, Zillow named the greater Denver metro the sixth hottest housing market.

With headlines like these, like it or not, our little bubble of paradise has been…Read More

Holiday Gift Ideas, Local Businesses to Support, and Market Updates

As we approach the holiday, I thought these links might be helpful for gift ideas and local businesses that we can support. 

Also, I have a new home valuation tool on my website. It’s called Buyside.  You can go to my website at www.andriaallen.com to use the tool for a pretty good estimate of your homes current value.

There are also some good links for you to investigate the local housing market.

If you have any questions or I can help with any real estate needs, please give me a call.

Andria Allen
303-810-8375

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10 Holiday Gift Ideas from Local Business in Boulder County

As we enter the season of intense gift giving, there are many holiday gift exchange opportunities around every corner and deciding on what to gift people can be stressful- especially if you don’t have a wish list to refer back to…Read More

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Colorado’s Hungry Housing Beast

The headline from CPR.org- “Not Even Coronavirus Could Tame Colorado’s Hungry Housing Beast”- captured what homebuyers and sellers have known for some time…Read More

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Local Business of December: Foolish Craig’s

December’s local business of the month is Foolish Craig’s Cafe. This popular breakfast and lunch spot is widely known for their delicious crepes- from savory breakfast crepes to a crepe cake!

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Buyside on My Website

Check it out on my site here: AndriaAllen.com

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Real Estate Market Update December 9th

Historically low levels of inventory appear to be finally taking a toll on home sale activity in the Boulder/Denver Metro area with both closed and pending…Read More

News to Know, Pumpkins & Corn Mazes, & Halloween Ideas

 

“There is a time in the last few days of summer when the ripeness of autumn fills the air, and time is quiet and mellow.” Rudolfo Anaya

#DoingMyPartCO

 

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News to Know This Week

If real estate market activity was an indicator of the time of year, you would think we were still in the middle of a scorching hot summer, even with the brilliant autumn colors and leaves falling all around. Last week the local and national media proclaimed that the greater Denver area was the “toughest housing market in the country” in the month of September. Record low inventory, huge buyer demand, and continued low interest rates all contribute to a perfect storm of market challenges for buyers in most price ranges and areas. For those brave enough to take their chances on finding a replacement home, sellers enjoy the best bargaining position they have had in years. And even though the inventory is moving quickly, it is paramount that buyers and sellers continue to follow COVID safety procedures set out in the state guidelines to ensure everyone’s transaction can continue smoothly.  See Full Update

 

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Pumpkins & Corn Mazes

What better way to celebrate fall than with an outdoor, socially distant friendly corn maze and pumpkin patch? This guide has included all the favorites – many of which are selling tickets in advance to manage crowds and ensure your experience is safe. See Guide

 

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Halloween Ideas

To hand out candy or not to hand out candy – that is the question this year. Whether you’re planning on trick-or-treating, or looking for creative ideas to celebrate Halloween differently, this guide has all the ideas you need! See Guide

 

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Learn More

Join Operation Equine for Our 2nd Annual Fundraiser!

Hello everyone, 

As some of you know, I am the President of the board of Directors for the 501c3 Operation Equine.  Our mission is to serve veterans, first responders, and their families.  Please join us for our second annual fund raiser this Sept. If you can’t come but would like to contribute, please consider a donation.  I am really looking forward to being with people, listening to a great live band and having some fun in a safe, outdoor manner.

Thank you in advance.

Andria Allen

303.810.8375

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Join Us for Our 2nd Annual Fundraiser!

Saturday, September 26, 2020 • 2:00 – 6:00 pm

Get Tickets Here

Donate Here

Join us in supporting our Military, Veteran, Emergency Responders and their families at our 2nd Annual Fundraiser! 

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Event Details

Saturday, September 26th, 2:00 – 6:00 pm

at the Clark/Bryant Farm:
8400 N. County Line Road, Longmont, CO 80503
(The same beautiful location as last year: Click for directions via Google Maps)

Cost: $30 individual; $55 couple
FREE for kids 12 & under

Grab some family members, some co-workers, or your neighbors and sponsor a table of 8: $399

This fun, inspiring, family-friendly fundraiser will include a BBQ, live music performed by the Jacob Larson Band, a silent auction and a live auction, a meet & greet and demos with the horses, outdoor games for the kids, and a few surprises!

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A Note About COVID-19:

This event will be following state guidelines regarding COVID-19 and we will be encouraging every to follow safe practices such as physical distancing. Please remember to bring your mask.

For those who would prefer to attend online, we will be streaming parts of the event via FB Live throughout the afternoon. If you will be attending online, there will still be an opportunity to engage with the auction items, so thank you for your ticket purchase to participate! (details to follow soon).

In the event that we need to reschedule due to COVID-19, we will live-stream the event, so your ticket purchase will still grant you “entrance” to the event.

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Can’t attend? Please considering making a tax-deductible donation!

Donate Now

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Your ticket and donations support Operation Equine’s mission to empower and support Military, Veteran, Emergency Responders, and Front Line Health Care Workers and their families through the power of Equine therapies through:

• Sponsorships to help fund counseling for active military, veteran, emergency responders, front line health care workers and their spouses/partners, children, and caregivers;
• Youth programs for the children of our Warriors, Protectors, and Healers;
• Education, training, and respite for caregivers and family members;
• Keeping the horses healthy and well-fed
• Supporting the organization and staff with what it takes to make it all happen!

Learn more about Operation Equine