(970) 445-8227

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Summer is here!!  Kids are out of school and the temperatures are warming up…what to do?
Grab the kids & head to the Grand Junction Splash Pad on Main St. & 5th to let the kids play and cool off.

Hours of operation:
Weekends: 10am-10pm
Mon-Fri: 10am-11am; 12-1:30pm, 2:30pm-3:30pm & 4:30-10pm

Enjoy.

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Fruita Single Family Home Sales

2013

2014

# of Sales

95

104

Median Sales Price

$220,000

$215,370

Average Sales Price

$220,297

$238,297

Median Days On Market

112

120

*The period looked at is Jan. 1-May 15th for each year

The above is a quick look at some real estate sales statistics for Fruita, CO comparing 2014 to 2013.

# of sales is up 9.47%.

Median Days on Market has remained about the same more or less.

Sales Price- Average sales price is up +8.17% while median sales price is down -2.1%

Positive take from this is sales are up which should continue to remove inventory from the market.  If this trend continues, then price should follow the same trend with an upward movement.  Supply & Demand…as the supply decreases and the demand increases, then value increases as well.

Have a home to sell?
Call me to get an in-depth analysis of what your home might sell for in today’s market

Thinking of Buying?
Please e-mail me your search parameters and I can e-mail you back what best matches what you are looking for.  Stop going to site after site trying to find what is available.  Put me to work for you.  I am honest, friend and NO pressure whatsoever.

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The following is highlights from a report Heritage Title recently put out.
*Heritage Title- 970-241-8555

Keep in mind that winter is a slow sales time regardless of activity.  In my opinion, spring/summer are the telltale times of how the market is progressing.

1st Quarter Real Estate Highlights:
*10% fewer sales in 1st quarter 2014 vs 1st quarter 2013
*$133 million in real estate sales in 1st quarter 2014, down 8% from 2013
*median home pricing was for January: $167,400, Feb: $181,950, & March: 159,450
The market peaked in 2008 with a median sales price of $222,000
*Days on Market average was 131 days (2014) vs 153 days (2013).  Keep in mind that days on market for our area include the days that the property is under contract all the way up until the day of sale.
*Home Building: 97 permits issued vs 90 for the same time period last year
*Foreclosure filing dropped from 182 in 2013 to 148 in 1st quarter 2014.  The peak was in 2010 when there was 397 filings.
*resale of foreclosed homes composed 14% of the sales in 2014 (91 of them)  vs 25% in 2013 when there was 181

If you have any questions on market conditions or would like a free evaluation of your home’s value, please let me know.
Great service with equally great listing rates.

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Looking to get out and about Memorial Day Weekend in Grand Junction.  Here is a look of a few things that are going on this weekend. Enjoy.

Shrine Circus- May 23 & 24th
Buy your tickets at City Market to save money.
Location: Mesa County Fairgrounds

Antique Truck & Tractor Show- May 24th
Free.  Location: Mesa County Fairgrounds Lions Park Complex starting at 8am

JUCO World Series- May 24-May 31st

Law Enforcement Torch Run 5K Run/Walk  May 24th
$30.  Benefits Special Olympics of Colorado
Call 970-986-1187 for more information


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We have just finished wrapping up our home exterior remodel here.  If you have ever thought about doing a stucco remodel, we love ours and it looks great.  We learned a lot during the process and a big thank you to Diaz Stucco for doing such a fantastic job and helping us through the process.

Take a look: http://youtu.be/QMp_Vo9DSHQ

 

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With the first quarter behind us, let’s take a look at how the Redlands real estate market performed with regard to single family homes.  Keep in mind that traditionally the 1st quarter is the slowest of the year.

Redlands 1st Quarter 2014:
# of Sales: 38
*This represents the lowest number of sales in the past 4 years.

Average Sales Price:   $297,243
*This is also below the past 6 year average. In 2013, the average sales price was just over $326K

Average Days on Market: ~151 Days
*This also represents an uptick as compared to 2013 when the average days on market was ~126 days.

All in all, Jan-March has started slow for the area BUT this does represent the slowest selling time of the year and can be influenced by what is on the market as well as weather conditions.  Not always fun to get in the mood to look at real estate when it is cold outside.

As a reminder, 2013 represented the highest number of sales over the past 6 years with 290 sales for the year.  This helped clear much of the inventory on the market which could also lead to the slower 1st quarter as much of what was on the market was the remnants of what the market in 2013 did not buy.

As an example, I brought on a very nicely presented home in the Redlands on Feb. 26th of this year and we were under contract by April 4th.  When the home came on the market, there were a few showings here and there in the 1st few weeks but near the end of March, there was a dramatic search in showing activity.  So, if this holds, it could indicate the Buyers are coming out of their winter slumber and with the nice spring time temperatures setting in are out and about looking to buy.

Check back for more updates or contact me directly with questions.

 

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In the exploding world of innovation, what is just around the corner for homes?

*Energy & Water Efficient
Homes that will save the homeowner money through energy & water efficiency will continue.
A long time ago, toilets used to use 5 gallons of water per flush.  Today, you can find new toilets that are using 1-1.5 gallons per flush.
Energy efficiency through better technology in furnaces as well as solar panels.  While rooftop solar continues to grow rapidly, a company this year might be introducing a “solar canopy”.  This solar canopy is gazebo like and is a modular kit.  It would enable homes to go off the grid or provide back-up energy if the grid goes down.

*Home Automation
With the leap in hand held devices and apps, more homes will start to be programmable through a touch of a button on your phone.
From using your phone to change the home’s temperature, to starting a lode of laundry, to turning lights on everything is just a click away.
Taking the thermostat as an example.  Left home for a few days on a family trip but left the temperature at 70?  Jump online and quickly change your temperature and then shortly before you arrive back home, change it again before you arrive back home.  Teach a thermostat your routine and it will program itself.  Check out www.nest.com for an example.

*Magnets=Efficiency?
In ~5 years, fridges and air conditioners could be revolutionized by replacing the decades old use of refrigerants by using a new material that cools when demagnetized.  This new technology has the potential to be 25-30% more efficient.

*Smart Windows
The US Department of Energy just recently announced that it designed a new material.   This new material is a thin coating of nanocrystals embedded in glass that can alter sunlight as it passes through the glass.  When used as a window coating, it can control both the visible and heat-producing infrared light so those inside the home/office/building can enjoy the natural light without the unwanted heat.

*Bio-Walls/Living Walls
Actually bring the outdoors into your home through wall and shelving products for growing plants.
More and more living walls and bio-walls (between 200-500sq.ft)  could begin to inch it’s way into the home market.  Check out what  a bio-wall is at http://www.youtube.com/watch?v=DP8130SQw_8

 

 

 

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Looking to add a little pizzazz to your curb appeal with a limited budget?  Here are a few tips to get you going and enhance your curb appeal.

1) Add a Flower/Planter Box
Flower boxes are typically cheap and combined with going to your local nursery, the new colorful flowers that you add should be an instant hit.

2) Plant a Flowering Tree, Bush, Tree…
Like the flower boxes, let nature shine through as you walk up to your front door. For the finishing touch add some decorative mulch or some xeriscaping.

3) Install New House Numbers
If your house numbers are old and tired, head down to your local building supply store to find some new modern ones.

4) New Exterior Light Fixtures
Modern light fixtures can provide a new look and hopefully some added light to your front entry way.  Make sure you look at your old mounting system as if you can find an exterior light fixture you like with the same mounting system, you will have saved yourself some installation time.    Also, look into outdoor stainless steel solar lights.  If you are in an area of lots of sun, these would look great at night as they illuminated the pathway up to your front door.

5) New Mailbox
Look online, a thrift store or your local bldg. store to see if you can find a fun, decorative new mailbox.

6) Paint
Paint is relatively inexpensive yet makes a world of difference.  Consider painting your door & window trim, shutters and front door (if it can be painted).  Painting whether inside or outside is typically money well spent.
While you should paint to your tastes also consider checking with a local paint store to see what they recommend for the latest color trends.

7) Decorative Fence
The fence may not have to be big or keep anyone out for that matter but a fence, even a small decorative fence even a foot high helps establish boundaries and gives a mental sense of separation from the sidewalk/road to your personal property & home.

 

 

 

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A state law that went into place back on July 1, 2009 could require you to have a carbon monoxide alarm in your property or rental property.  IF your property is heated with fossil fuels (fuel includes kerosene, coal, oil, gas and wood), has a fossil-fuel appliance, has a fireplace or has an attached garage then the property is required to have a carbon monoxide alarm within 15 feet of the entrance to each sleeping bedroom or other room lawfully used for sleeping purposes.  When the law was written, it did not apply to commercial buildings.  This law does apply to homes & multi-family homes (example: a condo).

This rule applies to every home that is sold, remodeled, repaired, or leased to a new tenant after July 1, 2009.

For a more details about the Carbon Monoxide detector rule, you can visit the following link: http://www.colorado.gov/cs/Satellite?blobcol=urldata&blobheadername1=Content-Disposition&blobheadername2=Content-Type&blobheadervalue1=inline%3B+filename%3D%22Frequently+Asked+Questions+-+Carbon+Monoxide+Alarm+Law+-+Colorado+House+Bill+1091.pdf%22&blobheadervalue2=application%2Fpdf&blobkey=id&blobtable=MungoBlobs&blobwhere=1251811662754&ssbinary=true

 

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I just listed this beautiful Redlands Rancher atExterior Touched Up3  2355 Rana Road, Grand Junction, Colorado.

Located in the desirable Cobblestone Ridges, this low maintenance ranch style home will meet & exceed expectations. Inside, a very efficient design coupled with 9 foot ceilings in the bedrooms and 12.5 foot vaulted ceilings in the living room/kitchen are enhanced by an abundance of natural light making this home a delight to live in.

Outside, the property borders open space allowing you to sit on your covered patio enjoying the peace and quiet the area offers. Call today to set-up a showing.

Basic Specs:
Bdrms: 3 + Office
Baths: 2
Garage: Oversized 2-car garage
Solar = low utilities
Backs city owned open space of ~3 acres
Built: 2000
Take a quick tour of the home at http://www.youtube.com/watch?v=l2-rZOenGyc&feature=youtu.be

 

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