WE HAVE HELPED A TOTAL OF 56 BUYERS AND SELLERS IN ALFORD MEADOWS! 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 Your Alford Meadows Real Estate Specialists & Neighbors PRESENTED BY BILLIE JO DOWNING & KATHY SCRIBNER www.OwnThisHomeTeam.com TRUST YOUR HOME TO THE NEIGHBORHOOD SPECIALISTS! December 2022 Real Estate Market Report ALFORD MEADOWS Published by REAL Marketing (RM) | www.REALMarketing4You.com 858.952.4280 | ©2022 www.OwnThisHomeTeam.com 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 Kathy Scribner REALTOR® ABR, CDPE, CNE, CNHS, ePRO, GRI, RCC, SFR 970.669.4175 Kathy@OwnThisHomeTeam.com Visit www.OwnThisHomeTeam.com for more community info, current listings, and recent sales. Share a Downtown Loveland experience. Gift recipients can redeem their digital gift card at over 40 (and counting) downtown businesses. With a variety of options for arts, entertainment, local shopping, food, and drink! Go to downtownloveland.org/giftcards. Your gift card can live on your phone, or you can print it out making it the perfect gift or stocking stuffer! GIVE THE GIFT OF LOCAL Prepared Especially for Leonardo and Angelica Washington
SELLER PAID TEMPORARY BUYDOWNS HELPS BOTH SELLERS AND BUYERS
No One in the World Sells More Real Estate than RE/MAX!
Living, Loving, and Promoting Our Community's Value for Over 25 Years!
The market is shifting. But it’s still a good market to sell or buy. While interest rates have been rising, most experts believe the rates will come down in 2023. We have tools to help both Sellers and Buyers!
A Seller Paid Temporary Buydown can position your listing above the competition by lowering your buyer’s interest rate over a set amount of time. This can be offered upfront in marketing your property or can be used in lieu of a price reduction. Here’s how it works:
Leonardo and Angelica,
This market report was created especially for you. If you are thinking of making a move to your next dream home, contact us at 970.481.4150 or 970.669.4175 for a free market analysis of your home.
Homes Currently Listed in Alford Meadows
temporary buydown: This one lowers your interest rate by 2% for the first year and 1% in the second year. You’ll reach your full monthly payment in your third year.
Homes Currently Under Contract or Pending in Alford Meadows
The Seller offers $11,819.00 as a Seller concession to the Buyer. The Buyer still has to qualify for the higher interest rate but realizes savings in years 1 and 2. The “Subsidy” resides in the Buyer’s Escrow account and subsidizes the monthly payments. If the Buyer refinances into a lower rate prior to year 3, whatever is left in the Subsidy balance is refunded back to the Buyer.
This can be an attractive option for both Buyer and Seller compared to a permanent buy down or reduction in sale price.
CONTACT US TODAY TO DISCUSS THIS FURTHER.
Homes Recently Sold in Alford Meadows
Billie Jo Downing, Kathy Scribner, and RE/MAX Alliance are not in any way affiliated with Alford Meadows Owners Association, nor is this in any way an official advertisement or publication of Alford Meadows © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the IRES MLS between April 15th and November 10th, 2022. 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 elationship.
HAPPY Holidays!
May the Holidays Bring You Peace and Happiness Throughout the New Year!
Status Street Name Beds Baths Est. Square Feet Year Built List Price List Date Pending Crabapple Drive 5 4 2,987 2005 $590,900 09/23/22 Status Address Beds Baths Est. Square Feet Year Built List Price Sold Price Sold Date Sold 5210 Apricot Court 4 3 3,043 2013 $627,000 $615,000 11/04/22 Sold 1245 W 50th Street 3 3 2,180 2003 $545,000 $545,000 09/26/22 Sold 5242 Fallgold Drive 3 4 4,514 2007 $835,000 $820,000 09/01/22 Sold 1125 Flowering Almond Drive 3 3 3,848 2004 $675,000 $660,000 08/01/22 Sold 880 Crabapple Drive 4 3 3,246 2003 $650,000 $675,000 07/18/22 Sold 1275 W 50th Street 3 3 2,267 2004 $525,000 $525,000 07/13/22 Sold 4704 Mimosa Street 4 4 4,124 2004 $800,000 $815,000 06/22/22 Sold 1322 Crabapple Drive 3 2 1,706 2012 $485,000 $490,000 05/25/22 Sold 4735 Coffeetree Drive 4 3 3,266 2004 $625,000 $650,000 05/19/22 Sold 1316 Crabapple Drive 3 2 3,544 2017 $535,000 $560,000 04/15/22
Status Street Name Beds Baths Est. Square Feet Year Built List Price List Date Active Crabapple Drive 3 2 2,541 2004 $545,000 10/28/22 Active Coral Burst Circle 4 3 3,388 2006 $625,000 05/18/22 Active Hornbeam Court 4 3 4,016 2004 $719,900 10/29/22 www.OwnThisHomeTeam.com
Jo Downing REALTOR ® ABR, CDPE, CNE, CNHS, CRS, ePRO, GRI, RCC, SFR, SRES 2007 Realtor of the Year 970.481.4150 BillieJo@OwnThisHomeTeam.com Kathy Scribner 970.669.4175 Kathy@OwnThisHomeTeam.com REALTOR ® ABR, CDPE, CNE, CNHS, ePRO, GRI, RCC, SFR
Billie
- Own This Home Team As your Alford Meadows real estate experts, we take pride in representing the community and protecting its home values. We look forward to another year as your trusted local resource for any of your real estate needs! Loan Amount: $510,000 Rate: 6.875% Term (years): 30 years Monthly Payment: $3,350.34
Years Effective Rate Monthly Payment Monthly Subsidy No. Pmts Yearly Subsidy 1 4.875% $2,698.96 $651.38 12 $7,816.56 2 5.875% $3,016.84 $333.50 12 $4,002.00 3-30 6.875% $3,350.34 Total Subsidy $11,818.56
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