Real Estate News with Terri Taydus, GRI, CNA


“What’s happening in the market?”  This is a question I often get.  The truth is, I am not 100% certain.  The area in which I work, predominately Boulder County Colorado, has always been in high demand.  Even with the crash much of the country saw in 2008, Boulder saw a little blip, then rebounded and stabilized.  Then, as we headed into 2012, prices started climbing exponentially, and for the most part, have not stopped.  Sure, we see the ebb and flow of the seasons, and things flatten out a bit, but overall, the value of homes in this area have been, and remain, a solid investment.

Enter 2019, then roll into 2020, a worldwide pandemic, and a sudden need for more work / live space at home.   In 2019 we were already feeling the pinch of low inventory and high demand.  Sellers thought about selling, but were concerned that they would not be able to find a replacement home so they stayed put.  We were seeing a lot of remodeling, as homeowners decided to improve upon what they already had vs. looking for something new, and so the inventory shortage was born.  2020 marches in, and families found themselves having to pivot and work from home and homeschool their school age children; their homes went from being a place where family lived, to a place where family worked, learned, lived and played; it was a LOT of togetherness!  With restrictions in place, and outings limited, having a backyard, and some private / safe space to call your own was suddenly a desired commodity, and we saw a flood of interest in the suburbs.  The once desirable urban living was waning and the demand for more single-family housing rose quickly; so quickly that the demand was impossible to keep up with.    This demand further tightened inventory, and drove prices through the roof.  We saw rents rise as well, driving even more demand into the market from those that were renting, to try to find a place of their own to purchase.

For homeowners that were in a position to sell during this time life was sweet!  They could basically name their price (within reason) and the offers would flood in, often exceeding the list price by $50k - $100k or more.  Buyer agents were crafting purchase contracts stating that their buyers would not make any requests of the seller to make repairs, and offering to cover the cost difference between the list price and the purchase price should the buyer’s appraisal come in light.  As a buyer’s agent, we were expected to get creative, while still working within our legal limits, and giving our buyers sound advice.  The stress of the past 18 months has driven many agents out of the business.  Buyer and agent burnout has been high, and after spending countless hours looking at homes, often dropping everything to accommodate our buyer and meet a tight offer deadline set by the seller, writing numerous offers, and trying to hold it all together while supporting our buyers, who were feeling defeated and frustrated, our buyers often turned to signing a lease and renting “until the market cooled off” – who could blame them?  It was brutal and heartbreaking both for home buyers and agents alike.

Ironically, it was not easy to be a listing agent either.  Seller expectations were often unrealistic, placing undue demand on their agent.  Even the most professional and kind buyer agents were understandably tired and cranky, and would react out of character when the seller would elect to accept an offer before the offer deadline.  As the listing agent, you would often be the target of that frustration when you had to make the call that the listing was no longer available.  Then there was the buyer fallout to deal with; buyers feeling desperate would make fantastical offers, then once accepted would have remorse and sometimes find a reason to terminate, frustrating agents and sellers alike.

Everyone was tired.  Everyone was burnt out.

 But, back to the original question; “How is the market?”  I do believe that there is light on the horizon!  As it always does, I believe that the market is starting to correct itself.

I am seeing homes sit on the market for a week or more (in a healthy market, 90 days is not unusual).   I am seeing price reductions.   Instead of 15 – 20 offers on a single listing, I am seeing 1, maybe 2 or 3.   Things are starting to normalize.  

This is excellent news for buyers!  I would not go so far as to say it’s becoming a buyer’s market…I think we are a long way from that, and buyer’s need to be mindful that they still have to submit a competitive offer in order to be considered.  However, finding a home, and having your offer accepted, is more a reality now than it has been in the past 18 months!

Although sellers are not rejoicing quite as much, I do see this as a good thing for sellers as well; less fall through transactions / more authentic offers, less adversarial and more cooperative transactions, and more opportunity to find a replacement home.

I do believe that we are heading towards a more stable, healthy, real estate market.

If you have been on the fence, or renting because you were not in a position to be competitive, now may be the right time for you to revisit homeownership!  

If you were thinking about selling, but had concerns about your ability to find a replacement home, now may be the time to revisit your dreams!

I would love to help you strategize reaching your goals!  The market correction is a good thing for everyone! Please reach out to me if I can be of any assistance.

Posted by Taydus Taydus on July 13th, 2021 3:30 PM


Thinking of selling? Know someone that is thinking of selling?

I would love an opportunity to share with you my very competitive and comprehensive marketing plan, to help you draw the most attention to your home, increase your chances of securing multiple offers and selling for top dollar!

CLICK HERE to read more!

Are you concerned about finding a replacement home? Give me a call, text or email! Let's strategize solutions!

It’s not just a home, it’s a lifestyle!

#lovewhereyoulive #coloradolifestyles #workwitharealtor #coloradorealestate #sellingyourhome

Posted by Taydus Taydus on May 10th, 2021 10:28 AM

Decluttering your space can be very liberating!  Need some help?  I would highly recommend Theresa Cashman of Clearing Space!

~ Downsizing

~ Decluttering

~ Sorting and Organization

~ Home Clean-outs and Estate Sale Prep

~ Packing and Unpacking

~ Space Planning

You can contact Teresa at

(720) 580-2527

TLCclearingspace.com

https://tlcclearingspace.com/

Tell her Terri Taydus of WK Real Estate sent you!

Posted by Taydus Taydus on May 3rd, 2021 9:18 PM

NOW is the time to sell and buy! (see my post below)


With fewer homes to choose from and multiple offers to compete with, It is more important than ever that you work with an experienced Realtor to help you find your dream home! Working with a CRS Relator, gives you even more of an advantage as their training and level of expertise exceeds basic licensing requirements.


Home sellers may be tempted to go it alone, in this hot market, but by doing so, you could be setting yourself up for last minute terminations and pitfalls galore.  Negotiating, and navigating multiple offers has never been so challenging.  Having an experienced Realtor by your side to secure you the most offers, at the highest possible price, then to stand by you through the negotiation and navigation process, could mean more money in your pocket at closing, with less hassles to get there (and this is even after paying an agent commission!


I would love to help you strategize marketing and selling your home, or buying a new one! Contact me today!  

Posted by Taydus Taydus on May 1st, 2021 12:53 PM

If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again!


Waiting to buy could result in being able to afford less home for more money, CLICK HERE to learn more.


I would love to strategize with you, to see how together, we can get you into your dream home!

Posted by Taydus Taydus on May 1st, 2021 9:51 AM


Take a look at what's happening in the world of real estate for Boulder County, the City of Westminster, and Broomfield.


Tight inventory creates challenges for both home buyers and sellers; home buyers struggle to be competitive (I have several strategies up my sleeve! Thinking about buying?  Let's connect and talk about what takes to get your offer noticed and accepted!), home sellers struggle to understand that even though a potential buyer may be willing to pay more for their home, it is still important to price it correctly and skillfully analyze all offers to avoid appraisal pitfalls (I can help!  Let's chat!)


Please click the links below to see what is happening in the local markets:


BOULDER COUNTY

BROOMFIELD

WESTMINSTER


Posted by Taydus Taydus on April 11th, 2021 11:33 AM

FABULOUS home right on the Ute Creek Golf Course in Longmont CO!  This home has been nicely updated, and the kitchen is completely outfitted with high end appliances! Plenty of room for a live / work situation without felling crowded. Unfinished basement offers even more space if needed. 


CLICK HERE to take a virtual walkthrough through this beautiful home!


Please reach out to me directly with any questions and feel free to share!

Posted by Taydus Taydus on February 4th, 2021 3:24 PM


Please CLICK HERE to see what is happening in the real estate market, in the city of Broomfield CO!

Thinking of buying or selling?  I can help!  Please reach out to me directly at Terri@BoulderColoradoProperties.com with any questions.

If you would like to know what the condo / townhome market is doing, please ask.

Posted by Taydus Taydus on January 10th, 2021 8:29 PM

Please CLICK HERE to see what is happening in the real estate market, in the city of Broomfield CO!

Thinking of buying or selling?  I can help!  Please reach out to me directly at Terri@BoulderColoradoProperties.com with any questions.

If you would like to know what the condo / townhome market is doing, please ask.

Posted by Taydus Taydus on January 10th, 2021 8:27 PM


Please CLICK HERE to see what is happening in the real estate market, in the city of Westminster CO!

Thinking of buying or selling?  I can help!  Please reach out to me directly at Terri@BoulderColoradoProperties.com with any questions.

If you would like to know what the condo / townhome market is doing, please ask.

Posted by Taydus Taydus on January 10th, 2021 8:23 PM

What did I do during 2020?  I earned my CRS Designation!  I am proud to join this elite group of Realtors!

If you are looking to make a move in 2021, I would love the opportunity to assist you!

CLICK HERE for a very short video.

Happy New Year!

Posted by Taydus Taydus on December 31st, 2020 10:09 AM
The forecast for home sellers remains very optimistic!  
For home buyers, the rates are predicted to remain favorable, however with the increase in home values, you will need an experienced Realtor on your side to help you get your offer accepted. 
If you are thinking of selling, you will need help negotiating, marketing to the broadest possible audience, and ideally, navigating multiple offers (hint: the highest offer price may not be your best offer ?? 
I work with both home buyers and sellers, and am experienced in working within our competitive market.
My consultations are always free, so call, text or email me today and let's chat about what real estate magic 2021 has in store for YOU!


CLICK HERE to see what the experts have to say about the 2021 real estate market.

Posted by Taydus Taydus on December 30th, 2020 12:45 PM


Even in today's sellers' market, setting the right price for your house is one of the most valuable things you can do.  According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5%in 2021.

CLICK HERE to read more...

Posted by Taydus Taydus on December 28th, 2020 11:56 AM

To me, real estate is so much more than helping folks buy and sell homes; it's about authenticity, it's about really caring about the people that you help, and the community in which you serve.

When I was looking for a new brokerage to hang my license, it was important to me to align myself with an office that shared in these values.  WK Real Estate was the perfect fit! 

Although this tis' the season for sharing and caring, WK's generosity goes well beyond the holiday season.  Both WK and the agents that work there make meaningful contributions to the community in which we live and work all throughout the year. 

Having a purpose, and caring for the people and place that we call "home" is important.

Please CLICK HERE to see 5 of the local charities in which WK and their agents support. 

Happy Holidays to you and yours, may this message find you well, and may the New Year be joyous!


Posted by Taydus Taydus on December 24th, 2020 10:59 AM


Please CLICK HERE to see what the real estate market is doing in the city of Broomfield.  This report is for single family homes only.  If you would like the market stats for condos and townhomes, please reach out to me directly.  


For a customized valuation of your home, please ask. I am happy to provide a complimentary, no obligation, valuation for you

Posted by Taydus Taydus on December 15th, 2020 3:10 PM


Please CLICK HERE to see what the real estate market is doing in Boulder County.  This report is for single family homes only.  If you would like the market stats for condos and townhomes, please reach out to me directly.  


For a customized valuation of your home, please ask. I am happy to provide a complimentary, no obligation, valuation for you

Posted by Taydus Taydus on December 15th, 2020 3:09 PM


Please CLICK HERE to see what the real estate market is doing in the City of Westminster.  This report is for single family homes only.  If you would like the market stats for condos and townhomes, please reach out to me directly.  


For a customized valuation of your home, please ask. I am happy to provide a complimentary, no obligation, valuation for you.

Posted by Taydus Taydus on December 15th, 2020 3:05 PM

Would you like your FREE digital copy of the Winter Buyer / Seller Guide?  


Please reach out to me directly at Terri@BoulderColoradoProperties.com and I will happily send one your way!
Posted by Taydus Taydus on December 10th, 2020 11:54 AM

Today's real estate market has high buyer interest and low housing inventory.  With so many buyers competing for a limited number of homes, it's more important than ever to know the ins and outs of making a confident and competitive offer.  

CLICK HERE to learn the five keys to success for this important stage in the homebuying process.

Posted by Taydus Taydus on December 7th, 2020 12:02 PM

Here is your Market Update for the Boulder County CO single family home real estate market.  This post represents single family homes only.  If you would like stats for condos and townhomes, please reach out to me directly and I will send the market information directly to your inbox; no cost or obligation.

Please CLICK HERE to view the market report in it's entirety.

Are you, or do you know anyone that is looking to sell in the Boulder County area?  I work with both home buyers and sellers, and offer a very competitive listing package that I would love to share!  My consultations are always free!

Posted by Taydus Taydus on November 17th, 2020 9:31 AM

Here is your Market Update for the Westminster CO single family home real estate market.  This post represents single family homes only.  If you would like stats for condos and townhomes, please reach out to me directly and I will send the market information directly to your inbox; no cost or obligation.

Please CLICK HERE to view the market report in its entirety.

Are you, or do you know anyone that is looking to sell in the Westminster area?  I work with both home buyers and sellers, and offer a very competitive listing package that I would love to share!  My consultations are always free!

Posted by Taydus Taydus on November 17th, 2020 9:29 AM

Here is your Market Update for the Broomfield County CO single family home real estate market.  This post represents single family homes only.  If you would like stats for condos and townhomes, please reach out to me directly and I will send the market information directly to your inbox; no cost or obligation.

Please CLICK HERE to view the market report in it's entirety.

Are you, or do you know anyone that is looking to sell in the Broomfield area?  I work with both home buyers and sellers, and offer a very competitive listing package that I would love to share!  My consultations are always free!

Posted by Taydus Taydus on November 17th, 2020 9:28 AM

My apologies for this email; please just disregard.  I needed to send out a test blog to remedy some technical issues.

Have a beautiful day!  And remember, I am always here to assist you with your real estate needs :)

Posted by Taydus Taydus on November 6th, 2020 10:05 AM

While the best timeline to buy a home is different for everyone, the question remains: Should I continue renting or is it time for me to buy? The answer depends on your situation and your future plans. 

With interest rates at a record low, now may be the time for you to take the leap and own a home of your own!

CLICK HERE for some thoughts to help you decide if you're ready to own a home of your own. 

Posted by Taydus Taydus on November 5th, 2020 3:02 PM

To see the current market stats for the City of Broomfield Colorado, please CLICK HERE.

Do you know someone looking to buy or sell a home in Westminster, Broomfield, or anywhere in Boulder County, please contact me.  I offer a very comprehensive and competitive marketing package to my home sellers, and I make a point to go the extra mile for home home buyers.

Excellent service should not cost more, it should be expected!

Posted by Taydus Taydus on October 12th, 2020 8:20 PM

To see the current market stats for Boulder County Colorado, please CLICK HERE.

Do you know someone looking to buy or sell a home in Westminster, Broomfield, or anywhere in Boulder County, please contact me.  I offer a very comprehensive and competitive marketing package to my home sellers, and I make a point to go the extra mile for home home buyers.

Excellent service should not cost more, it should be expected!

Posted by Taydus Taydus on October 12th, 2020 8:18 PM

To see the current market stats for the City of Westminster Colorado, please CLICK HERE.

Do you know someone looking to buy or sell a home in Westminster, Broomfield, or anywhere in Boulder County, please contact me.  I offer a very comprehensive and competitive marketing package to my home sellers, and I make a point to go the extra mile for home home buyers.

Excellent service should not cost more, it should be expected!

Posted by Taydus Taydus on October 12th, 2020 8:16 PM

I have two questions…

 1. If you have sold a home in the past 5 to 7 years, what did your Realtor® do that you really liked?

 2. If you could   list your home, with a full and comprehensive marketing package (including a fabulous print and virtual presence), as well as additional services provided by your Realtor®; (and paid for by your Realtor®) such as: 

  • A pre-listing appraisal from a professional, licensed appraiser
  • A staging consultation and one month’s staging for any two rooms (or a professional staging consult on how to use your own furnishings to stage)
  • A home warranty to cover you during the listing period and that will be passed along to the buyer for the first year post-closing (this will help make your home more desirable)
  • A professional move out OR pre-listing clean (your choice)

     Other service options, arranged by your Realtor®, that can be paid for after you close from the proceeds of the sale (i.e. no out of pocket cash up front): 

  • Concierge service that can help you with everything from minor repairs (including those that need to be done for the buyer’s home inspection); to minor updates, to full room remodels – to help you yield the most return from the sale of your home!
  • An organizing / packing service to help you get organized and pack for your impending move!

AND, if services like this didn’t cost you any more in listing agent commissions than the services of the average Realtor®?   Would this be appealing to you?

I would love to hear from you!  Please post your responses so that I can learn what is most important to you!

Posted by Taydus Taydus on September 28th, 2020 11:16 AM

Here is a short list of unique services that I offer when selling your home.  These services are available to any home seller that is committed to working with me, however these services can make all the difference to a divorcing couple that needs and wants to focus on their emotional and financial well-being for both themselves and their family, vs. all of the minute details of their move..  

 

Let me take some of the stress of selling your home off of your shoulders.

 

I offer:

 

  • A pre-listing appraisal– This is not to be confused with a full appraisal.  The pre-listing appraisal is performed by a reputable, local, licensed real estate appraiser.  The appraiser will do a drive by of your home, and that, combined with any information that I provide, and using the available comps in the area, will determine a value for your home.
    1. If you would like a full appraisal, I will cover half the cost, which means your cost would only be $275 paid directly to the home appraiser (please note: extremely large homes, homes with acreage and / or multiple out buildings, etc. will cost you a bit more).  This can be a significant savings compared to the $500 - $1,000 a standard appraisal could cost.

 

  • Home repair or updating via Curbio – Curbio is a third party concierge service that I have chosen to partner with to assist my home sellers.  Curbio is a concierge service that can assist you with home repairs, and any updating you would like to do to yield you the most money the market will warrant for your home.  I connect you with Curbio, and they do the rest.  No tracking down contractors, or repair people.  Curbio is paid directly out of your proceeds at closing, so no stress or bickering over who pays what.

 

  • Home staging – Depending on your needs, I can have my home stager meet with you and provide a list of items that she feels needs to be done in order for your home to show its best, using your own furnishing; this is a service that I provide to you at no additional cost.  Or, if you would prefer to have your home professionally staged, I will have my stager stage your home and I will pay for the first month of staging for any two rooms (you would be responsible for any move in / move out charges, as well as any additional month’s staging).

 

  • Professional listing or move out cleaning – I will pay to have your home professionally cleaned; you choose if you would like it cleaned at the time of listing, or if you would prefer a professional move out clean so you do not have to be bothered with it.

COMING SOON: Organizing and packing service!

My goal is to be of assistance to you.  Of course this list does not include all of my standard marketing, consulting services, knowledge, experience and compassion.  If you would like a full list of my marketing services, please ask.

These services are reserved for home sellers that commit to working with me and sign a Listing Agreement.

If I can be of assistance to you, or anyone you know, please contact me, or feel free to share my contact information.  Discretion and excellent service are always my top priority.

Posted by Taydus Taydus on September 22nd, 2020 5:03 PM

Here is your monthly market update for single family homes in Boulder County Colorado.  If you would like the stats for condos and townhomes, or if you would like a personalized market evaluation for your home, please contact me; I am happy to help!  

CLICK HERE to see the market stats for the city of Boulder County, for August 2020.

Posted by Taydus Taydus on September 13th, 2020 1:25 PM

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