Your home is one of the largest financial investments that you will ever make. You owe it to yourself to hire an agent that will treat it that way. I’ve built my business on an unwavering commitment to fair and honest dealings with everyone that I interact with, combined with legendary customer service that you will not find anywhere else.
As defendants in the bombshell class action commission lawsuits continue to agree to settlements, the real estate industry is poised to be changed forever. Most agents will not survive the fallout, but for those that are willing to accept the challenges that await, the best years are still ahead.
Housing market activity remains stagnant, with transaction volume barely above the levels of March 2020, a period in time where nearly the whole of the country was being forcibly quarantined.
Housing market activity in Weld County has slowed to an excruciating pace, all while U.S. home values continue to slide. This begs the question, “Where do we go from here?”
Median Sales Prices recovered slightly in February, but mortgage applications dropped to new lows. Meanwhile, strong economic data continues to hamper the Fed’s inflation fight, with some Fed researchers now warning that a steep decline in home values may be on the horizon if the Fed is forced to increase rates further.
Buyers and Sellers would be wise to ensure they are hiring an agent that is competent, well-trained and ethical because he truth is, while there are millions of agents out there, not all of them have the same level of experience or track record of success.
The coming year will present it’s own unique challenges for anyone looking to buy or sell a home, but for those who understand the forces at play, hire a highly competent real estate agent and are willing to be patient in their quest, 2023 could turn out to be the best year to buy or sell a home yet.
At both the local and national level, December 2022 saw what can only be described as a near total collapse of housing market activity to levels not seen since the depths of the 2008 Housing Crash and in some instances, to levels never seen before at any point in time.
The performance of the Weld County market in November ushered in a number of important confirmations that, as I predicted as early as last July, the housing boom has indeed become the housing bubble.
The release of the October 2022 CPI numbers today has led to some interesting developments. Mortgage rates have dipped enough today that it might be time to restart your home search.
The real story this month can be summed up with a look at interest rates and median sale prices. With mortgage rates now more than double what they were a year ago and many regions of Northern Colorado posting double-digit declines in median sales prices from the peaks achieved just a few months ago, it’s clear that the housing correction continues to accelerate.
Rising home mortgage interest rates, a lack of seller inventory and still high home prices have thrown the residential real estate industry and investment strategies into a tailspin. In spite of it all, a generational opportunity to build wealth may be just around the corner for those who have prepared.
The lag time between Fed Fund Rate increases and Mortgage Interest Rates means that the two-decade-high mortgage rates we are seeing today may only be the beginning, with some economists now projecting double-digit rates by early 2023.
In spite of the current market, there’s still great opportunities for Buyers looking to buy a new construction home, but only if you know what to ask for. You’d be surprised what kind of deals are out there right now.
In every industry there are several reliable leading indicators. While anecdotal on their own, taken in sum the trends brought to light by these leading indicators have shown to be historically reliable in predicting what might happen next.
In the past few days, nearly every major player in the real estate industry has revised their housing forecasts down, with some economists now calling for declines of up to 30% in some housing markets. What is going on here and why has there been a flood of revisions to these forecasts?
September marked the fourth consecutive MoM decline in home values for Weld County. With rising inventories and slumping home sales, pressurized affordability might finally be catching up with the Northern Colorado market.
Given the continued trend we are seeing in Weld County of increasing inventory and cratering closed sales, it’s becoming increasingly clear that the struggle to avoid a retraction in prices may be in vain.
Historically speaking, home prices usually only fall significantly once supply gets high enough that Sellers are forced to finally cave. But in this housing cycle, we are seeing neither a supply glut nor a flood of distressed properties and yet, we are beginning to see home prices slide.
Everyone needs to be keenly aware that the Fed will not think twice at this point about the notion of throwing the housing market to the lions if they think it might help bring inflation under control.
We can officially conclude at this point that the Pandemic Housing Boom has ended. But despite tight inventory and low unemployment keeping prices relatively stable for the time being, the Fed’s plan to reset the housing market is beginning to take its toll on home prices.
The reason we're vulnerable to falling home prices is pretty simple. The Pandemic Housing Boom saw home prices across the country soar far above what incomes would historically support.
As defendants in the bombshell class action commission lawsuits continue to agree to settlements, the real estate industry is poised to be changed forever. Most agents will not survive the fallout, but for those that are willing to accept the challenges that await, the best years are still ahead.
Housing market activity remains stagnant, with transaction volume barely above the levels of March 2020, a period in time where nearly the whole of the country was being forcibly quarantined.
Housing market activity in Weld County has slowed to an excruciating pace, all while U.S. home values continue to slide. This begs the question, “Where do we go from here?”
Median Sales Prices recovered slightly in February, but mortgage applications dropped to new lows. Meanwhile, strong economic data continues to hamper the Fed’s inflation fight, with some Fed researchers now warning that a steep decline in home values may be on the horizon if the Fed is forced to increase rates further.
January brought a striking return to normalcy in many regards, with the market behaving similar to many other pre-pandemic January markets. Despite this fact, several leading indicators continue to flash strong caution signals, indicating that there remains considerable uncertainty ahead.
Buyers and Sellers would be wise to ensure they are hiring an agent that is competent, well-trained and ethical because he truth is, while there are millions of agents out there, not all of them have the same level of experience or track record of success.
The coming year will present it’s own unique challenges for anyone looking to buy or sell a home, but for those who understand the forces at play, hire a highly competent real estate agent and are willing to be patient in their quest, 2023 could turn out to be the best year to buy or sell a home yet.
At both the local and national level, December 2022 saw what can only be described as a near total collapse of housing market activity to levels not seen since the depths of the 2008 Housing Crash and in some instances, to levels never seen before at any point in time.
The performance of the Weld County market in November ushered in a number of important confirmations that, as I predicted as early as last July, the housing boom has indeed become the housing bubble.
The release of the October 2022 CPI numbers today has led to some interesting developments. Mortgage rates have dipped enough today that it might be time to restart your home search.
The real story this month can be summed up with a look at interest rates and median sale prices. With mortgage rates now more than double what they were a year ago and many regions of Northern Colorado posting double-digit declines in median sales prices from the peaks achieved just a few months ago, it’s clear that the housing correction continues to accelerate.
Rising home mortgage interest rates, a lack of seller inventory and still high home prices have thrown the residential real estate industry and investment strategies into a tailspin. In spite of it all, a generational opportunity to build wealth may be just around the corner for those who have prepared.
The lag time between Fed Fund Rate increases and Mortgage Interest Rates means that the two-decade-high mortgage rates we are seeing today may only be the beginning, with some economists now projecting double-digit rates by early 2023.
In spite of the current market, there’s still great opportunities for Buyers looking to buy a new construction home, but only if you know what to ask for. You’d be surprised what kind of deals are out there right now.
In every industry there are several reliable leading indicators. While anecdotal on their own, taken in sum the trends brought to light by these leading indicators have shown to be historically reliable in predicting what might happen next.
In the past few days, nearly every major player in the real estate industry has revised their housing forecasts down, with some economists now calling for declines of up to 30% in some housing markets. What is going on here and why has there been a flood of revisions to these forecasts?
September marked the fourth consecutive MoM decline in home values for Weld County. With rising inventories and slumping home sales, pressurized affordability might finally be catching up with the Northern Colorado market.
Given the continued trend we are seeing in Weld County of increasing inventory and cratering closed sales, it’s becoming increasingly clear that the struggle to avoid a retraction in prices may be in vain.
Historically speaking, home prices usually only fall significantly once supply gets high enough that Sellers are forced to finally cave. But in this housing cycle, we are seeing neither a supply glut nor a flood of distressed properties and yet, we are beginning to see home prices slide.
Everyone needs to be keenly aware that the Fed will not think twice at this point about the notion of throwing the housing market to the lions if they think it might help bring inflation under control.
We can officially conclude at this point that the Pandemic Housing Boom has ended. But despite tight inventory and low unemployment keeping prices relatively stable for the time being, the Fed’s plan to reset the housing market is beginning to take its toll on home prices.
The reason we're vulnerable to falling home prices is pretty simple. The Pandemic Housing Boom saw home prices across the country soar far above what incomes would historically support.
Not all agents are the same and interviewing an agent is not something you should take lightly. Your home is one of the biggest financial transactions that you will ever make. You owe it to yourself to hire someone that will treat it that way.
Not all agents are the same and interviewing an agent is not something you should take lightly. Your home is one of the biggest financial transactions that you will ever make. You owe it to yourself to hire someone that will treat it that way.
Love Letters in real estate transactions are a common occurrence, and one that can land you in a courtroom.
Choosing the right home inspector is a decision that can have a significant impact on your satisfaction with your future home, but how do you choose the right one?
Find out why making sure you price it right is key to driving the best price for the sale.
Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting.
Whether you are Buying or Selling this year, 2020 is beginning with the lowest available housing inventory in two years, so make sure you understand what that means for you.
We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur.
Here are three reasons why pre-approval should be your first step in the homebuying process.
The traditional brokerage model is broken. That’s because regardless of the commission and fee structure offered, there exists little incentive for brokerages to operate efficiently and invest in the tools and training that will have the highest potential impact possible for brokers and their clients.
Poudre Realty was founded on the premise that brokers and their clients deserve better. Recognizing that there existed a genuine need for a brokerage that provides the tools, training and support that would allow brokers to become not only the unquestioned subject matter experts for real estate in Northern Colorado, but that would also allow brokers to thrive without the brokerage taking more than their fair share in exchange for these services.
Traditional brokerages have become the de facto gatekeepers in the industry, and many have continually failed to provide real tangible value to brokers and their clients due to a lack of innovation, a focus on quantity over quality in their recruiting efforts, and/or a failure to ensure that brokers receive the training and education necessary to become highly competent. What’s more, for lack of a viable alternative, most brokerages have been resistant to implement better processes which would reduce operating expenses and redundancies in the real estate transaction. Instead, they rely on antiquated processes which hinder efficiency and pass costs along to the agents of the brokerage who have little recourse but to share in the expense. At Poudre Realty, we want our brokers to be able to focus their energy on improving themselves so that they can better serve their clients, no worrying about the cost of choosing to to hang their license with us.
Our brokerage is founded on the premise that it’s possible to provide our clients with unparalleled access to brokers with the tools, training and support necessary to become highly skilled experts in their field, and to do it without forcing brokers to sacrifice their ability to achieve a satisfying and productive career in real estate.
This is accomplished in three main ways:
The traditional real estate brokerage model is designed to ensure profit for the business regardless of the success of its agents. At Poudre Realty, we have designed our business model such that we rise and fall together. That is, our brokerage can only achieve success if our brokers achieve success. This model creates a vested interested in every broker we recruit and supports our vision of being the unquestionable subject matter experts in residential real estate.
We are on a mission to build the best residential real estate brokerage in Northern Colorado. As such, we are highly selective in our broker recruiting process. Our recruiting process is driven entirely by quality, not quantity. For example, past production, while considered in our candidate evaluation process, accounts for just 10% of the weighted score that our recruitment team assigns to our candidates. If you’d like to talk with us about joining our team, please contact us to learn more.
You should never be waiting on your agent for answers. In fact, my policy is, if you have to call me looking for information, I've not done my job. My goal is to make sure you have answers to everything you need and to communicate in a timely and effective manner that works for you. Whether you want a phone call, text message, email, carrier pigeon, or something else, I communicate with you the way you want when you want. It's as simple as that.
I get it, everyone knows about a dozen real estate agents these days. Maybe you have a friend who had a great experience with an agent in Denver and they've offered their services to you. But the fact is, buying or selling a home in Denver is quite different than doing the same in Greeley. I know every neighborhood in town, but I still need a map to find somewhere in Denver. That's why I only work with clients in northern Colorado, because that's where I work, live and play. Buying or selling a home is a big event, so hire someone who knows the market better than anyone else.
You have a life, which means dealing with a the nuances of a real estate transaction needs to fit into a schedule that works for you. That's where I come in. Whether you need to look at houses late in the evening or sign counteroffers at sunrise on a Saturday, I'll be available at a time and place that works for you. No one should ever have to drive across town to sign a contract at 7pm after soccer practice because their agent is too busy to come to them.
Most agents just want to list your home, but I want to to SELL your home. When I am not interacting with clients, I spend my time learning everything that I can about the market in which my clients buy and sell homes and I’ve built strong relationships with lenders, inspectors, appraisers and title companies. As your agent, you get access to the countless hours I've spent analyzing market data and trends, previewing homes, and building relationships to get your where you want to be in the shortest time possible.
Your home is a massive investment and one that has a major impact on both your personal life and financial future. Why trust it to someone who isn't an expert in their field? No one searches for the most average cardiologist in town when they need one. Real estate should be no different. I work tirelessly to ensure that I can be your resource of choice when it comes to all things real estate. So, whether you need to know how much your home is worth, what neighborhoods have the best bike trails, or how to compete with multiple offers, I’m YOUR expert.
As your agent, my number one job is to protect your interests, even above my own. This means that you can go about the rest of your life during the purchase or sale of a home knowing that there is someone always in your corner; negotiating on your behalf and fighting to get you the best deal possible. Buying or selling a home is hard enough as it is, you deserve to have an agent that will fully live up to the terms of their agreement with you. That starts by hiring one that will take their responsibility to advocate for you seriously.
970-420-1001
jamison@poudrerealty.com
I take great pride in my efforts to respect your privacy. As such, I will never sell your contact information or spam your inbox.
January brought a striking return to normalcy in many regards, with the market behaving similar to many other pre-pandemic January markets. Despite this fact, several leading indicators continue to flash strong caution signals, indicating that there remains considerable uncertainty ahead.