Equity Insights

The real estate research firm Core Logic just produced their latest Homeowner Equity Insights report.

Some interesting tidbits:

· 63% of all properties nationally have a mortgage

· Homeowners with mortgages collectively realized a $428 billion rise in equity over last year, an increase of 4.8%

· Only 3.8% of all mortgaged properties have negative equity (where the loan is greater than the value of the home)

· 10 years ago 26% of all mortgaged properties had negative equity

Posted on October 21, 2019 at 9:18 am
Aaron Pearson | Category: Uncategorized | Tagged , , , ,

Remodeled Ranch With Beautiful Landscaping

Featuring 3 Bedrooms, 2 Bathrooms And A Heated Garage!

Broomfield Heights 3 bed / 2 bath ranch with remodeled kitchen and baths. Wheelchair accessible home with tile and hardwoods throughout. Granite counters, SS appliances and gorgeous maple cabinetry. Tinker in the garage all winter with radiant-heated slab and rear driveway; no shoveling! Peaceful backyard setting with deck and great landscaping. Feels like custom home with designer touches, soffit ceilings, art niches, built-in bookshelves and much more! New roof/gutters to be installed before closing!

For more information, please visit http://aaronpearson.com/listing/67473494 or call Aaron Pearson at (970) 460-3033.

Posted on September 29, 2017 at 4:20 pm
Aaron Pearson | Category: Uncategorized | Tagged , , , , , , , , ,

The Wellington Explosion

What if we told you there is a real estate market that has seen a 300% increase in sales volume in only 5 years?

What if we told you that market was right in our back yard?

The market is Wellington and what is happening there is extraordinary.

Because price increases in Fort Collins have eliminated virtually all options for the sub $300,000 buyer, Wellington has become a very popular place to buy a home.

In June of 2012, the average price there was $185,000. Today it is $300,500!

In 2012 there were 222 residential sales in Wellington. This year is on pace to ecliplse 500.

Yes, Wellington has exploded and we don’t see it slowing down any time soon!

To see homes that are for sale in Wellington, just click here: www.WindermereNoco.com/WellingtonHomesForSale

Fun fact about Wellington:

The Town of Wellington was an oil, coal and agricultural hub throughout the 1800s and became a stopping location for wagon trains, travelers, and military movement between Cheyenne, Wyoming and Fort Collins, Colorado. The town was founded in 1902, incorporated in 1905 and named after C.L. Wellington, an employee of the Colorado and Southern Railroad. 

Around the same time the population began to grow in Wellington, woolly mammoth remains were discovered by a construction crew while digging foundations for new homes. The remains were carefully excavated by a University of Colorado team while residents watched with excitement. Unfortunately, after being taken back to the University for further examination, the tusks were dropped and shattered on a floor. In recognition and remembrance of this event, the subdivision where they were found named a street Mammoth Circle.

Wellington maintained a population around 500 throughout the 20th century and grew to about 1,000 until the early 2000s. Today, Wellington is home to a population of nearly 8,300 residents.

Fun Facts & Image Source: www.townofwellington.com

Posted on July 8, 2017 at 1:33 am
Aaron Pearson | Category: Uncategorized