On a recent trip on I-70 to evaluate some land for a client, I was confronted with sad but beautiful image of red forests stretching for miles across the hills. The image of a red "evergreen" contrasting against the green scenery is mesmerizing at first until you take a closer look at red death destroying millions of trees in Colorado. Beetle epidemics across the western United States are becoming more obvious every season with entire landscapes turning red and brown as trees die. In northwest Colorado the beetle epidemics, triggered by extended drought in aging forests, are intensifying at an alarming rate, and there is little that can be done to stop them. Actions can be taken to protect high value areas such as ski areas, developed campgrounds and trees in people’s yards. Hastening Death: Pine beetles carry a fungus on their body and legs. Once they enter the tree, the fungus multiplies and spreads. This blue stain fungus blocks the transport of water up the tree’s trunk ...
Summertime in the housing market brings countless buying and selling opportunities. But with all the competition out there, would people be better off waiting a few months? Real estate experts say no. They contend home prices peak from June to August and say there are advantages to buying during the market’s busiest season. But some agents disagree: A huge myth about the real estate market is that homes sell for more in the summer and less in the winter. This is simply not true. Other forces play a role in the asking price, such as the amount of homes for sale in an area, interest rates, and the job market. There are more homes on the market in summer than in the winter, and there is also a higher number of sales in the summer than the winter. Broader inventory means more choices, making buyers feel more confident in their search because additional properties hit the market every week, the large inventory offers significantly more opportunities for purchasers to identify specif...
Colorado often experiences severe hailstorms that can cause devastating property damage. The Rocky Mountain Insurance Information Association reports that Colorado’s Front Range and Wyoming’s eastern plains, commonly referred to as “hail alley,” receive the highest frequency of large hailstones in North America. Over the past 10 years, hailstorms have caused nearly $1.7 billion in damage to roofs and automobiles in hail alley. The damaging hailstorms generally occur mid-May through late July. Damages incurred to roofs during hailstorms can, however, be reduced with proper roof design and roofing product selection. A properly designed roof structure can substantially reduce hail damage. Several testing agencies have developed the following recommendations for the roof designer: Shingles made with polymer-modified (SBS) asphalt have better resistance to hail damage than shingles made from oxidized asphalt. Reroofing over an existing shingle system greatly increases the ...
Even as more homes come on the market for this popular sales season, they're flying off fast. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are in the driver's seat." Spring home buyers are pounding the pavement at a furious pace, but the pickings are getting ever slimmer. Even as more homes come on the market for this traditionally popular sales season, they're flying off fast, with bidding wars par for the course. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are firmly in the driver's seat. "I've been selling real estate for 14 years and this is the strongest seller's market I have ever seen in my entire real estate career. A lot of our sellers are optimistically pricing their homes in today's market, and I have to say in most cases we're getting the home sold anyway. Some of the listings are intentionally listed a litt...
Tips For a successful closing 1 Colorado law requires that all funds paid at closing by the parties must be in the form of a wire transfer, cashiers check or teller check. 2 If possible, avoid peak times when scheduling closings (Friday afternoons, end of the month). 3 The title company will need a loan number and contact information on existing loans, HOA contact, seller's forwarding address and social security numbers for all parties. 4 If a Power of Attorney is to be used for closing, contact the title company as early as possible. 5 When scheduling moving vans or other closings be sure to allow time for the resolution of problems which may delay the completion of your transaction. This information is provided to assist you in your real estate transaction. Should you need additional information, please feel free to contact us.
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