Are You Seeing Everything There is to See?

Most people begin their real estate search online these days. It makes sense that people would want easy tools that could give them facts about their home or other properties right away with no commitment. Information is plentiful, but separating the wheat from the chaff can be more challenging. No, I'm not going to rant about any public real estate sites. They are here to stay, though it's important that we understand their place in the real estate firmament. If you would like to see my more expanded opinion, you can check out this post.

You probably know that the local MLSs feed information to other public real estate websites, sometimes very quickly, sometimes not. You may not know that sellers on the MLS can choose for their homes NOT to be listed on some of these properties, for a variety of reasons. This means you can't always be sure that you are seeing all of the homes for sale unless you have access to the MLS directly.

Another snag - the Boulder MLS and Denver MLS haven't been playing very nicely together. Due to a failed buyout attempt, they have decided not to share information with each other. This means that real estate agents have to set up property searches for their clients twice. And because there is overlap in the service areas for both MLSs and some of us agents belong to both, clients are often getting duplicate emails and properties. Frustrating and time wasting for everyone, and it doesn't look like it's going to get resolved anytime soon.

Staufer Team to the rescue! In order to provide the best customer service we can, we have purchased a website that combines all of the listings from both MLSs. Even better, our clients can login, look for houses, and save properties searches themselves. They can mark their favorites, make notes and request showings directly through the site. One stop shop.

How do you find this dream come true? Login to robbin.viewboulderareahomes.com. Despite the name, it'll show you properties from Julesburg to Durango. It's never too early to get to know the market, and I won't bug you (too much) ;)

Image: J i J y
  

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I would love to help you with your real estate journey. 

Please contact me at 303-917-7143 or robbin@stauferteam.com

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FOR SALE: 1028 Turnberry Circle, Louisville

 

Brand new listing in Coal Creek Ranch!  Enjoy coffee on the private two-level back deck or take a short walk to the community pool, park and tennis courts!

1028 Turnberry Circle, Louisville, CO

Hardwood floors throughout the main floor, gas fireplace and stove, walkout basement, built-in cabinets, large windows and lots of light.  With four bedrooms upstairs, this is a very popular model. This neighborhood has a golf course and Monarch schools.  3 baths, 2 car garage, listing price is $510,000 - your chance to get into Coal Creek Ranch!

Come out and visit me at the Open House Sunday, July 19 from 1-3pm. Inventory in the city is still low; make sure you get a chance to visit. Feel free to email or call me if you'd like more details. Between the vibrant downtown, Streetfaires, Friday Artwalks, Taste of Louisville and the farmers' market, Louisville has so much to offer! 

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I would love to help you with your real estate journey. 

Please contact me at 303-917-7143 or robbin@stauferteam.com

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The Real Estate Wonk Bonk

For those with an affinity for numbers, here are the statewide and regional housing statistics for the second quarter of 2013.*


STATEWIDE:

• Number of sales (detached and attached homes) rose to 28,068, an increase of 16% over 2Q12.  YTD sales increased just under 17% compared to the same timeframe in 2012.
• Number of new listings (detached and attached homes) rose to 42,348, an increase of 16% over 2Q12.  New townhouse and condo listings were greater than detached home listings.
• Median sales price rose to $260,000 for detached homes and $170,000 for attached homes.  This represents an 8% increase over 2Q12.  Median sales price is not an average of all home sales prices but the middle point, which may not be a good representation of activity in a short timeframe.
• Days on the market decreased 25% for detached homes and 29% for attached homes.  Ask your Realtor to do a little digging into TRUE days on market and days to offer, which can reveal a more accurate picture of any local market.
• Number of active listings on the market at the end of 2Q13 was 33,256.  Looking at the days on market numbers, this represents a 4.6 month inventory for detached homes and a 4.1 month inventory for attached homes. 
• All regions showed a decline in sales from banks and other mortgage lenders (foreclosures).

NORTHEAST REGION (Boulder, Larimer, Logan, Morgan, Weld):

• Number of sales (detached and attached homes) increased 16% over 2Q12.  Attached home sales slightly outpaced detached home sales.
• Number of new listings (detached and attached homes) increased 15% over 2Q12. 
• Median sales price rose 4% for detached homes and 9% for attached homes.  Median sales price is not an average of all home sales prices but the middle point, which may not be a good representation of activity in a short  timeframe.
• Days on the market decreased to 81 for both detached and attached homes, a 25% drop from 2Q12.  Ask your Realtor to do a little digging into TRUE days on market and days to offer, which can reveal a more accurate picture of any local market.
• Number of active listings on the market at the end of 2Q13 was 6,000.  Looking at the days on market numbers, this represents a 4-5 month supply.

METRO DENVER REGION (Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson):

• Sales of detached homes increased 3% while sales of attached homes increased more than 20% over 2Q12.
• Median sales price rose to $284,000 for detached homes and $164,000 for attached homes.  Represents an 9% increase over 2Q12.  Median sales price is not an average of all home sales prices but the middle point, which may not be a good representation of activity in a short  timeframe.
• Days on the market decreased to 45 for both detached and attached homes.  Ask your Realtor to do a little digging into TRUE days on market and days to offer, which can reveal a more accurate picture of any local market.
• Number of active listings on the market at the end of 2Q13 was 12,450.  Looking at the days on market numbers, this represents roughly a 3 month supply.

*Source:  Colorado Association of Realtors®.  Statistics represent about 91% of the statewide market; does not include For Sale by Owner listings/sales or all new construction.

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I would love to help you with your real estate journey. 

Please contact me at 303-917-7143 or robbin@stauferteam.com

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