Billie Jo Downing
REALTOR®, ABR, CDPE, CNE, CNHS, CRS, ePRO, GRI, RCC, SFR, SRES 2007 Realtor of the Year
970.481.4150
Each Office Independently Owned and Operated.
RE/MAX Alliance Loveland 750 W Eisenhower Boulevard Loveland, CO 80537 (970) 669-1234
PRESORTED STANDARD US POSTAGE PAID REAL MARKETING
BillieJo@OwnThisHomeTeam.com www.OwnThisHomeTeam.com
GOVERNOR’S RANCH June 2020 Real Estate Market Report
Kathy Scribner REALTOR®, ABR, CDPE, CNE, CNHS, ePRO, GRI, RCC, SFR
970.669.4175
Kathy@OwnThisHomeTeam.com www.OwnThisHomeTeam.com Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2020
6 MOVE-IN READY HOMES STARTING AT $296,000 AT GOVERNORS CROSSING! Open by appointment—please call Billie Jo at 970.481.4150.
Presented by BILLIE JO DOWNING & KATHY SCRIBNER Your Governor’s Ranch Real Estate Specialists
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams
Billie Jo Downing
REALTOR®, ABR, CDPE, CNE, CNHS, CRS, ePRO, GRI, RCC, SFR, SRES 2007 Realtor of the Year
970.481.4150
BillieJo@OwnThisHomeTeam.com www.OwnThisHomeTeam.com
No One in the World Sells More Real Estate than RE/MAX!
GOVERNOR’S RANCH MARKET REPORT Johnathan and Angela-Marie, This market report was created especially for you. If you have been thinking about selling and would like your home professionally marketed and
Kathy Scribner
featured in our publications, call us today at 970.481.4150 or 970.669.4175.
REALTOR®, ABR, CDPE, CNE, CNHS, ePRO, GRI, RCC, SFR
970.669.4175
Kathy@OwnThisHomeTeam.com www.OwnThisHomeTeam.com
Living, Loving, and Promoting Our Community's Value for Over 14 Years!
THE SELLING FRENZY IS COMING!
Ho m e s C u r r e n tly L i s te d i n G ove r n o r ’s R a n c h Status
Street Name
Beds
Baths
Est. Square Feet
Year Built
List Price
List Date
Active
Settlers Cove
3
2
3,027
2019
$374,900
10/11/19
Active
Settlers Cove
4
3
2,998
2002
$386,000
05/12/20
Active
Ridge Court
6
3
3,648
2004
$465,000
03/31/20
Active
Plains Court
5
4
3,754
2004
$490,000
05/05/20
Active*
Plains Drive
3
2
3,682
2018
$492,569
10/29/18
Active
Sage Drive
5
3
3,355
2017
$514,900
05/19/20
Active
Ridge Road
5
3
3,347
2017
$519,900
03/26/20
T h e r e a r e No Ho m e s C u r r e n tly Pe n d in g in Gove r n o r ’s R a n c h For more information, call us today at 970.481.4150 or 970.669.4175.
NOW IS THE TIME TO GET YOUR HOME READY TO SELL! MARKET FACTORS RESILIENCE Prior to COVID-19, the housing market showed signs of a hot spring season. The pre-pandemic market strength gives many experts hope that losses are temporary. The comeback is expected to be quick. With historically low interest rates, home buyers and investors will start buying at the first signs of normality. This will only delay spring purchasing, setting the stage for a frenzy by July.
During four of the last five recessions, home prices continued to increase. The only exception was in 2008; however, this was triggered by real estate itself. While the housing crisis is still fresh on our minds, the U.S. housing market has weathered all other recessions since 1980. Traditionally, the housing market actually aids the economy in recovering from recessions.
ALWAYS ESSENTIAL
*Listed and/or Sold by Own This Home Team
Ho m e s S o ld S in c e Ja n u a r y 1 s t, 2 0 2 0 in G ove r n o r ’s Ra n c h Status
Address
Beds
Baths
Est. Square Feet
Year Built
List Price
Sold Price
Sold Date
Sold
1396 Plains Court
3
2
3,400
2019
$445,900
$437,400
03/20/20
Sold
1613 Carriage Drive
5
4
4,084
2013
$537,000
$525,000
03/16/20
Sold
1386 Plains Court
4
3
3,630
2003
$420,000
$410,000
02/24/20
Sold
71 Settlers Drive
3
2
3,690
2017
$399,999
$395,000
01/07/20
Billie Jo Downing, Kathy Scribner, and RE/MAX Alliance are not in any way affiliated with Governor’s Ranch Owners Association, nor is this in any way an official advertisement or publication of Governor’s Ranch. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the IRES MLS between January 1st, 2020 and May 21st, 2020. Listings and sales may not be those of RE/MAX Alliance. The IRES MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.
C U R R E N T M A R K E T S TAT I S T I C S
What separates the stability of the housing market from other economic indicators like the stock market? It comes down to need. People will always need a place to live. After regulations lift, there will certainly be hesitant buyers, but there will also be those patiently waiting to enter the market and take advantage of low interest rates. Life itself is not paused, and large life events haven’t stopped.
Johnathan and Angela-Marie, Timing is critical to take advantage of the coming market. Waiting until summer will be too late - it’s important to stand out. Call Own This Home Team today to help get your home ready; it’s what they do best! 970.481.4150 or 970.669.4175..
Average Active List Price Average Sold Price per Square Foot
$463,324 $119
4
98%
Total Homes Recently Sold
Average Sold Price to List Price Ratio
Reflects IRES MLS data above. Deemed accurate but not guaranteed. For more information or statistics, contact Own This Home Team.