April 7, 2020

Fruita Market Report - March 2020

Fruita Market Report - March 2020

Here's the latest market report from Fidelity National Title. Their current report indicates that it is a STRONG seller's market.

They use an index that measures the current rate of sale vs. the amount of inventory available. Anything over 30 is a seller's marketing. Anything under 30 means it is a buyers market. As of today, the index lists Fruita at a 48, so it is a seller's market - and very strong at that.

The median list price decreased from last month and now sits at $433,500 and the 90-day average days on market has decreased to 139.

To view the full market reports click below.

Posted in Market Updates
April 3, 2020

Can You Still Sell Your House?

Can You Still Sell Your House?

COVID-19 might have brought some industries to a standstill, but the real estate market is considered essential.

You might be wondering if you can still sell your house and what the process now involves. Here are some FAQ about selling your home right now.

Can I still sell it? Yes! People are still buying and selling homes. Some might have to sell their house if they’ve moved to another community, and some are taking advantage of the extremely low-interest rates. Whatever your reason, you can still list and sell your home right now.

Do I have to have an open house? No. While an open house is the best way to get tons of foot traffic, that isn’t an option right now. We’ve got other ways to market your home to get the best buyer for you!

What other items do you use besides an open house? We have contacts within our industry that we reach out to, we show your home on social media, and can even still put ads in the newspaper and real estate magazines. We also utilize virtual tours to get lots of eyes on your home. The serious buyers will contact our office to schedule a private showing.

Are there any other benefits to selling my home right now? Yes! While the pool of buyers has decreased recently, the pool of buyers is more serious. That means that you’ll have fewer showings to prepare for, but when you get a showing, they will more likely be ready to place an offer.

So, how can you still sell your house in this market? Contact us by calling our office at (970) 858-9870 or email at info@robinsonandcorealty.com! We’re happy to answer all of your questions and walk you through the home-selling process.

Posted in Selling Tips
March 26, 2020

Binge-Watching TV Shows

Binge-Watching TV Shows

As one of our Agents so hilariously put it, "Hello, House Hostages!"

Since our team is working from home this week, we've reached out to a few of them to ask what they're binge-watching on tv right now - because, that's part of our new workday, right? Here are a few of the responses of binge-watching TV shows.

Geri chimed right in and said she's been trying to get into the show McLeod's Daughters, which is filmed in Australia. Her all-time favorite show was Heartland, and she's been searching for a replacement show ever since. So, if that was a favorite of yours and you've found another like it that you just love, share it with us!

Wendy (the funny greeter) said she is watching Hart of Dixie, Forensic Files, and Murderous Affairs. Apparently, these all keep her entertained for long periods, but we are now thinking that we really shouldn't mess with Wendy anymore...she's been studying murder!

Shauna was the last to chime in, and in typical Shauna fashion, they're mostly comedies - this one loves to laugh! Atypical is a series she is currently watching. She has also started re-watching Schitt's Creek and is catching up on all the stand-up comedy specials. 

We hope you're all safe and comfortable in your homes and this shortlist of binge-watching tv shows helps you pass the time. If you're still in house-hunting mode, we can help. Call or email us and we can get started compiling a list of houses that fits your criteria (970) 858-9870 / info@robinsonandcorealty.com

March 19, 2020

Benefits of a Virtual Home Tour

Benefits of a Virtual Home Tour

One of the ways we market your home is by creating a virtual home tour!

Virtual Tours have many benefits and advantages to ensure more people see your home once it is listed. Here are some other benefits of a Virtual Home Tour.

  1. Time Saver - if your home has a virtual tour, it will cut down on the amount of foot traffic. While this seems counterproductive it will save you time. You won't have as many people scheduling appointments just to see what your home looks like. You will be left with the serious buyers scheduling private showings saving you time and your sanity!
  2. Presentation - virtual tours show your home to a better advantage. Sometimes, photos just aren't able to capture a space, no matter how good the photographer is. However, a virtual tour can show spaces to their fullest advantage - especially if you have an amazing view, large room, or beautifully updated kitchen. 
  3. Marketing - virtual tours expand the marketing efforts of your home. They show up higher in web searches and share more quickly on social media. This means that more people will see your listing! The more people that see your home, the more the perfect buyer will come along and make an offer. 
  4. Ownership - the longer a person spends looking at a property, the more they will picture themselves living there creating an ownership to it. This is great for you! You want someone to have a connection to the home you're selling - they will make a better offer and put more skin in the game if there are multiple offers.
  5. Effort - selling a home can be exhausting. By having a virtual tour of your home online, you cut down on the amount of effort you have to continually put out. Just like we said in the first benefit - the fewer lookie-loos that come through your home, the less time you spend cleaning, prepping, and finding somewhere else to be during those in-person showings.

The team at Robinson and Co Realty makes every effort to efficiently sell your home quickly. Another benefit of a virtual home tour also helps relieve the stress on you and your family. If you're ready to list your home, contact us (970) 858-9870 / info@robinsonandcorealty.com. 

Posted in Selling Tips
March 12, 2020

5 Easy Tips to Sell Your Home

5 Easy Tips to Sell Your Home

The Fruita real estate market is hot right now, but there are still some things you can do to make your house appeal to more buyers.

Follow these 5 easy tips to sell your home this spring.

  1. Declutter, Toss, and Donate - this is a good practice if you're thinking about moving because you don't want to move things you no longer need. So, get a jump start on it by completing these tasks before you list your home. Look through your belongings and declutter your home, toss items that are broken, and donate those that you no longer need.
  2. Make those Small Repairs - buyers don't want a laundry list of small items to fix when they move into a home. If they're willing to complete construction work, they will probably be looking for a fixer-upper. So, make sure you patch those holes, put up that trim, and paint rooms that need a little TLC. 
  3. Upgrades - this is where your realtor can help determine how much extra money you could get by completing certain upgrades. If the upgrade isn't worth the work and price, skip it. If a little change on your fixtures, cabinet knobs and faucets will make a big difference - do it!
  4. Curb Appeal - spring is a great time to sell buyers on your curb appeal. Your grass might not be green yet, but you can bring in some potted flowers, freshen up that mulch, and take care of dead trees and leaves to make your home look more inviting.
  5. Staging - part of the staging process is encompassed in the declutter process. Certain pieces of furniture might be great for your family, but it could make your rooms look smaller and awkward. Cut down the pieces of furniture that you don't need to ensure your home shows the best!

Our agents are here to make sure that your house sells quickly and for top dollar. Contact us today to get your home listed and have an expert by your side to ensure this process is as stress-free as possible. (970) 858-9870 / info@robinsonandcorealty.com

Posted in Selling Tips
March 5, 2020

Fruita Market Report - February 2020

Fruita Median List Price - February 2020

Here's the latest market report from Fidelity National Title. Their current report indicates that it is still a seller's market.

They use an index that measures the current rate of sale vs. the amount of inventory available. Anything over 30 is a seller's marketing. Anything under 30 means it is a buyers market. As of today, the index lists Fruita at a 44, so it is a seller's market.

The median list price increased from last month and now sits at $465,000 and the 90-day average days on market has decreased to 152.

To view the full market reports click below.

Posted in Market Updates
Feb. 27, 2020

Spring Home Cleaning Checklist

We know, any type of cleaning isn't often met with cheers.

We feel the same way, however, when the job is done it feels soooo good! Plus, checking things off our list is an accomplishment that feels like no other. So, we're providing a handy-dandy spring home cleaning checklist. Hopefully, this makes cleaning jobs easier for all of us!

spring home cleaning checklist

Posted in Home Tips
Feb. 19, 2020

3 Common Real Estate Questions from Millennial Buyers

3 Common Real Estate Questions from Millennials

Purchasing your first home used to be a life goal, however, times have changed.

Millennials have different goals and have been taught that they should question every decision. They don't just comply with decisions because that is the way things have always been done. So, what are the three most common real estate questions we get from our young buyers?

  1. Is it Better to Rent or Buy? To be fair, we get this question from most of our first-time home buyers. The purchase of a home is a lot of money. Thinking about this purchase from all angles is the right way to go about making such a huge life decision. It used to be that 20% was required for a home loan, but that rule no longer applies to the majority of loans. With little to no money now required as a downpayment, you need to think about how much you want to pay over the years. If you lock in a fixed-rate monthly home payment, that amount won't change for the life of your loan. If you're renting, the amount you pay will eventually increase over the years - either due to inflation or market demand. If you're thinking long-term, purchasing a home is a better financial move.
  2. How Can I Afford It? As we said above, the 20% down rule is no longer king. There are loans for first-time home buyers, home buyers in rural neighborhoods (like parts of Mesa County), and loans that require little to no money down. Speaking to a finance expert can help you determine the amount of money that you qualify for. A simple budget will let you know how much of that loan you can afford as a monthly payment. 
  3. Will I Still Be Able to Travel? The short answer is yes. It doesn't matter if your travel goals are for weeks, months, or years at a time. You will still be able to afford a home. With the increased popularity of vacation rentals and short-term lease options, you will be able to make money on your home by renting it out during your travels. Just make sure you get a homeowner's insurance policy that covers those instances. 

While there are going to be some costs involved in homeownership, the benefits far outweigh those costs. If you have any other common real estate questions, call or email one of our real estate professionals (970) 858-9870 / info@robinsonandcorealty.com. We can answer any questions you have and help you get a better idea of how to become a homeowner!

 

Posted in Homebuying Tips
Feb. 13, 2020

House Hunting For the First Time

House Hunting for the First Time

For those of you currently renting, you may have wondered if buying a house would be a better option for you. Having never purchased a home, how do you even start the process?

Who do you contact? What does your Realtor need to know? What is involved with getting a loan? Well, we're going to tackle the issue of house hunting for the first time. 

Get an Agent - the next two steps are also really important and often happen at the same time as getting a Realtor. We like to suggest getting an Agent first. Real Estate Agents are here to help with every step of your home-buying journey. This includes answering questions about what you're looking for, how much you'd like to spend, and recommendations on where to get loan quotes. Getting started with an agent is super simple. Just call or email one and let them know that you're interested in purchasing a home. They will ask you some simple questions to get an idea about what location you're interested in, the size of a home you want, and any amenities that interest you. You might have a very specific idea or not. Both are fine to begin the process.

Know Your Budget - most likely, you're already paying something for housing. Think about the amount you're currently spending and determine if that is a good amount for your life goals. Maybe it's too much and you know that you'd like your monthly payment to be less. This is a good first step in knowing your comfort level. 

Get Pre-Approved - pre-approval gives you and your agent a solid number to start your home search. There are many times that your pre-approval amount comes in at a number higher than what you're comfortable paying. Communicate this information to your Realtor. It is better if you're both on the same page regarding your budget. Also, it's hard to fall in love with a home knowing it is more than you want to pay. 

Start Looking - now that you have the top amount you want to spend, you can start looking for a home! Communicate the items that are the most important to you. If you want a 2-car garage, tell your Agent. There is no point in looking at homes without if you won't be interested in them. Be patient in this process. Your perfect home might not be on the market currently. Don't just put an offer in on any home. Wait until it feels right. Adjusting your "must-haves" is also okay. If you've looked at a bunch of homes and you don't think that 2-car garage is as important anymore, tell your Agent. They can gather a list of additional homes that match your other criteria and you might find what you've been searching for. 

Put in an Offer - finally found the perfect home? This is where your Agent will shine! Realtors know the market. They will know if a home is a hot commodity and you need to come with your best offer, or if it has been sitting a while and you can place a bid for an amount under asking price. Also, let them know if you want items included from the house. Washers, Dryers, Couches, etc. can all be added into an offer, but it might not be accepted as is. 

Counter Offers - be prepared for a counter. The purchase of a home can sometimes be a dance. You ask for all the things you want upfront. The seller then weighs what you're asking for and what they want to give up. Their counteroffer might be acceptable to you and you can accept, or it might need a little tweaking. 

Loans - there are many loan options out there, and most of them no longer need 20% down. Some programs require zero, 3 or 5% down. There are programs for first-time homebuyers, or homebuyers looking to purchase in rural areas. Your agent can point you in the direction of reputable lenders. These lenders will help you determine what loan is right for your unique situation.

Gather Financial Info for Mortgage - you've got a lender, and you know what loan you're applying for. Now it's time for all the financial paperwork. Your lender will give you a list of items they need. This list will include your income and employment documents, loans or other debts you're paying (car loans, student loans, etc.), and retirement accounts to name a few. 

Wait for the Loan - don't make any big purchases while you're waiting for your loan to be approved. A new car, furniture, or anything that disrupts the balance of how much you make vs. what you owe could jeopardize your home loan status. Save all large expenditures until after your loan is approved and closed. 

Move-In - congratulations! You just bought a new home and you can move in! Paint it how you choose, hammer holes into the wall to hang your photos and get that new pet - this place is all yours. If you need any help with small repairs after you buy the home, contact your Agent. They will have a list of contractors, electricians, plumbers, etc. that they trust and can recommend to you. 

Real Estate Agents are here to help you when you're house hunting for the first time, and beyond purchasing a home! All it takes to start the process is a call or email letting them know you're interested in buying a home. So, what are you waiting for? Contact Robinson and Co. Realty today. 

 

 

Posted in Homebuying Tips
Feb. 4, 2020

Fruita Market Report - January 2020

Fruita Median List Price - January 2020

Here's the latest market report from Fidelity National Title. Their current report indicates that it is still slightly a seller's market.

They use an index that measures the current rate of sale vs. the amount of inventory available. Anything over 30 is a seller's marketing. Anything under 30 means it is a buyers market. As of today, the index lists Fruita at a 40, so it is a seller's market.

The median list price decreased from last month and now sits at $407,000 and the 90-day average days on market has increased to 167.

To view the full market reports click below.

Posted in Market Updates