Why Rescue?

*Every year, 8-12 million dogs, cats, puppies and kittens are euthanized

*Adopting from a rescue reduces the overpopulation cycle, as most pets are spayed and neutered

*A rescue dog has been abused, neglected, or abandoned by its previous owner

*All breeds can be found at a rescue

*Rescue dogs flourish in a forever home

Big Bones Canine Rescue is an all-volunteer rescue that was founded in January, 2013 in Windsor, Colorado.  It is run by people dedicated to saving dogs from euthanasia.  They have approximately 700 volunteers in Colorado and Wyoming.

In 2014, there was a fire that started from an oil heater in one of the buildings that house dogs that are not in a foster home.  Luckily, no dogs were injured and the fire was put out quickly.  Here is a link to the article in the Greeley Tribune.

Big Bones adopted out 755 dogs in 2016, 1284 in 2017 and 1467 in 2018.  The need for foster’s increases each year.

Big Bones Canine Rescue has volunteers that locate dogs in California, Texas, New Mexico, Oklahoma and routinely transport them to Colorado.  They also receive dogs from other states, owner surrenders, puppy mills, breeders, and stray dogs.  Many dogs come to the rescue with medical issues, need surgeries, medications, vaccinations and treatments.  Several veterinary offices discount their services for Big Bones pups, and we are so grateful for them!  Since Big Bones is a 501(c)3 non-profit, everything is paid for through adoption fees and donations.

Fostering is very rewarding and makes me so happy!  Our family has fostered 18 dogs and only adopted one!  We love to see their confidence grow and learn how to be in a home.  Some we have to potty train, others are already trained, spayed or neutered and LOVE being in our home.  They get happy and sassy, then they get to go to their forever home.  It bring us great joy!

Please go to the Big Bones Canine Rescue website, see the adoptable dogs, or donate crates, dog food, or make a financial donation.  Thank you!  Link below:

https://bigbonescaninerescue.com/

Bella weighed 2 lbs!

Fiona the night we brought her home!

Sammy came from a breeder

Sammy came from a breeder.

Larry the day we brought him home!

 

 


Posted on December 7, 2019 at 8:00 am
Tammy Fisher | Posted in Dog Rescue, Rescue | Tagged , , , ,

How to Determine If You Can Afford to Buy a Home

How to Determine If You Can Afford to Buy a Home

The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today.

It is true that home prices and wages are two key elements in any affordability equation. There is, however, an extremely important third component to that equation: mortgage interest rates.

Mortgage interest rates have fallen by more than a full percentage point from this time last year. Today’s rate is 3.75%; it was 4.86% at this time last year. This has dramatically increased a purchaser’s ability to afford a home.

Here are three reports validating that purchasing a home is in fact more affordable today than it was a year ago:

CoreLogic’s Typical Mortgage Payment

“Falling mortgage rates and slower home-price growth mean that many buyers this year are committing to lower mortgage payments than they would have faced for the same home last year. After rising at a double-digit annual pace in 2018, the principal-and-interest payment on the nation’s median-priced home – what we call the “typical mortgage payment”– fell year-over-year again.”  

The National Association of Realtors’ Affordability Index

“At the national level, housing affordability is up from last month and up from a year ago…All four regions saw an increase in affordability from a year ago…Payment as a percentage of income was down from a year ago.”

First American’s Real House Price Index (RHPI)

“In 2019, the dynamic duo of lower mortgage rates and rising incomes overcame the negative impact of rising house price appreciation on affordability. Indeed, affordability reached its highest point since January 2018. Focusing on nominal house price changes alone as an indication of changing affordability, or even the relationship between nominal house price growth and income growth, overlooks what matters more to potential buyers – surging house-buying power driven by the dynamic duo of mortgage rates and income growth. And, we all know from experience, you buy what you can afford to pay per month.”

Bottom Line

Though the price of homes may still be rising, the cost of purchasing a home is actually falling. If you’re thinking of buying your first home or moving up to your dream home, make sure to reach out to a real estate professional to help you understand the difference between the two.

 

 


Posted on December 6, 2019 at 8:00 am
Tammy Fisher | Posted in Buying a Home, Home Buyers, Loveland Real Estate, New Buyers, Northern Colorado Real Estate, Purchasing a Home | Tagged , , , , , ,

Expert Advice: 3 Benefits to Owning a Home

Expert Advice: 3 Benefits to Owning a Home

Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on the benefits of owning real estate:

1. Real estate diversifies your income

“While it is certainly important to be properly diversified with your investments, it is even more important to be diversified with your income. This is because the largest financial risk for most of you is the loss of your primary source of income, which is typically in the form of a day job.”

The article highlights how having multiple sources of income, such as those derived from real estate investments, can eventually lead to relying less and less on a day job. Sound dreamy? It can be. When done well, real estate investments may eventually open up your time and the financial freedom to explore other things, like travel and other aspirations you may have for the future, particularly in the golden years of retirement.

2. Real estate produces near-immediate results

“You can achieve and feel the results almost immediately. Property improvements are visible and tangible. You can cash, spend, and invest rent payments. Today! Not 30 years in the future.”

Currently, home prices are appreciating in all price ranges, and just last week CoreLogic announced their 12-month home value projection at 5.6%, an increase from 4.5% noted earlier this summer. With that in mind, real estate today is definitely driving immediate results!

3. Passive income can help you become financially independent sooner

“If you need $40,000 a year to live, you could alternatively invest in assets that generate an 8% cash-on-cash return. This is a very reasonable assumption. And it means you would only need to save a total of $500,000 (instead of $1 million). Yet, your investments would still meet your annual household living needs.

While returns, taxes, and inflation can, of course, affect your timeline, cash-flowing real-estate is a clear asset.”

Homeownership is a form of ‘forced savings.’ Every time you pay your mortgage, you’re contributing to your net worth by increasing the equity in your home, bringing you one step closer to true financial independence.

Bottom Line

If you want to increase your savings and overall net worth, real estate is a great way to go. To learn how you can make it happen, contact a local real estate professional to guide you through the process.

Who is Brent Sutherland?

Sutherland was 35 when he bought his first single home to rent out for income, less than five years later, he owns eight additional properties and part of a commercial real estate project.

 

 


Posted on December 4, 2019 at 8:00 am
Tammy Fisher | Posted in Building Equity, Diversify Your Income, Give Thanks, Home Ownership, Investing, Passive Income | Tagged , , , ,

Job News

There is an abundance of great news when it comes to employment in Colorado.

The unemployment rate is incredibly low at 2.7% which is almost a full percentage point lower than the U.S. average.

According to the Bureau of Labor Statistics, Metro Denver added 28,300 jobs over the last year which ranks 15th out of all metropolitan areas nation-wide, many of which have much larger populations than Denver.

While this is positive news, what is even more remarkable is what is happening in the other, smaller cities along the Front Range.

Anytime job growth exceeds 2.0% per year, it is a sign of a very healthy economy.

Here is what the other Cities have seen in terms of job growth over the last 12 months.

• Fort Collins 2.6%

• Greeley 2.5

• Colorado Springs 1.9%


Posted on December 2, 2019 at 8:00 am
Tammy Fisher | Posted in Home Buyers, New Buyers, New Home, Northern Colorado Real Estate, Real Estate Market | Tagged , , ,

All Time High

 

 

Home Builder’s confidence in Baby Boomer buyers is at an all time high.

The National Association of Home Builders (NAHB) surveys their members each quarter to discover what they expect of future sales.

 

The builders base a large part of their answer on how many people are visiting their sales centers and model homes versus the same time last year.

 

The results in their most recent survey show that builders have never been more confident about buyers who are 55 and older.

 

The confidence index for this age group is actually double of what it was in 2012.  The NAHB sites low interest rates and strong job growth as the reasons for the high confidence.

 


Posted on November 29, 2019 at 8:00 am
Tammy Fisher | Posted in Home Buyers, Loveland Real Estate, Multi-generational home, New Buyers | Tagged , ,

Time for Gratitude

“Cultivate the habit of being grateful for every good thing that comes to you, and to give thanks continuously. And because all things have contributed to your advancement, you should include all things in your gratitude.”

― Ralph Waldo Emerson

grat·i·tude

noun

The definition of gratitude is a feeling of being thankful and appreciative.

Gratitude is so important for us to be hopeful and happy in our lives.  It gives us the ability to not worry about trivial things and be confident about our future.  It is a spiritual blessing when we are thankful for what God has provided for us and that we praise God for the blessings in our lives.

We all take things for granted.  For many years, I was complacent in expressing gratitude about my job, my healthy family and our ability to support ourselves and not to have to put our kids in daycare.

Now that two of my daughter’s are adults, and the youngest two in high school, I am so grateful for the ability to have raised our kids and for them to be smart, strong and competent women!  It is so comforting.

Last Day of Chemo!

Great Friends!

I have so many things in my life that I am grateful for.  The flexibility of my job, of having a comfortable home, a loving husband, great kids and supportive friends.  This past year was a challenge, as my husband was diagnosed with small bowel cancer in April 2019.  He was so strong through chemotherapy treatments, and most days went to work after his treatment.  I worked from the Cancer Center.  I prayed that we could sustain our hope and busy lives.  And we did.  We are blessed.

I encourage you to make a list of the things you are grateful for.  Ask a friend or family                   member to make a list.  Share your list.  Ask your guests at Thanksgiving to bring their list.

Gratitude is the fairest blossom which springs from the soul.” – Henry Ward Beecher


Posted on November 28, 2019 at 8:00 am
Tammy Fisher | Posted in Cancer, Cancer Survival, Give Thanks, Grateful, Grateful Realtor, Gratefulness, Gratitude | Tagged , , , , , , ,

5 Reasons to Consider Living in a Multi-generational Home

 

5 Reasons to Consider Living in a Multigenerational Home

Did you know that 1 in 6 Americans currently live in a multigenerational household?

According to Generations United, the number of multigenerational households rose from 42.4 million in 2000 to 64 million in 2016. The 2018 Profile of Home Buyers and Sellers from the National Association of Realtors shows that 12% of all buyers have a multigenerational household.

Why Are Many Americans Choosing to Live in a Multigenerational Household?

The benefits to multigenerational living are significant. According to Toll Brothers,

“In recent years, there’s been a steady rise in the number of multigenerational homes in America. Homeowners and their families are discovering new ways to get the most out of home with choices that fit the many facets of their lives.”

The piece continues to explain the top 5 benefits of multigenerational living. Here is the list, and a small excerpt from their article:

1. Shared Expenses

“…Maintaining two households is undeniably costlier and more rigorous than sharing the responsibilities of one. By bringing family members and resources together under one roof, families can collectively address their expenses and allocate finances accordingly.”

2. Shared Responsibilities

“Distributing chores and age-appropriate responsibilities amongst family members is a tremendous way of ensuring that everyone does their part. For younger, more able-bodied members, physical work such as mowing the lawn or moving furniture is a nice trade-off so that the older generation can focus on less physically demanding tasks.”

3. Strengthened Family Bond

“While most families come together on special occasions, multigenerational families have the luxury of seeing each other every day. By living under one roof, these families develop a high level of attachment and closeness.”

4. Ensured Family Safety

“With multiple generations under one roof, a home is rarely ever left unoccupied for long, and living with other family members increases the chances that someone is present to assist elderly family members should they have an accident.”

5. Privacy

“One of the primary trepidations families face when shifting their lifestyle is the fear of losing privacy. With so many heads under one roof, it can feel like there’s no place to turn for solitude. Yet, these floor plans are designed to ensure that every family member can have quiet time… [and] allow for complete separation between the generations within the household.”

Bottom Line

The trend of multigenerational living is growing, and the benefits to families who choose this option are significant. If you’re considering a multigenerational home, reach out to a local real estate professional to learn more about the options available in your area.

 

 


Posted on November 27, 2019 at 7:00 am
Tammy Fisher | Posted in Multi-generational home | Tagged , ,

Time for New

 

Here is a fact…

If you have ever thought about owning a new home, the last two months of the year are usually the best time to make that happen.

Here’s why…

Many builders have year-end goals and sales quotas to hit.  If they have a “standing inventory” of homes that are completed but not sold, they are typically motivated to sell these homes by the end of the year.

This dynamic can be especially true for publicly-traded builders who are even more motivated to hit year-end sales numbers.

Up and down the Front Range there are beautiful new homes in fantastic neighborhoods.  The builders of these homes may be happy to make concessions and provide incentives as long as you close by year-end.

We just recently helped a buyer with a very compelling incentive package from a builder which included a lower price, additional landscaping and window coverings.

If you would like more details about these kinds of opportunities, reach out and we can help.


Posted on November 25, 2019 at 7:00 am
Tammy Fisher | Posted in Home Buyers, New Buyers | Tagged , ,

3 Reasons This is NOT the 2008 Real Estate Market

3 Reasons This is NOT the 2008 Real Estate Market

No one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There are those who disagree and are comparing today’s real estate market to the market in 2005-2006, which preceded the crash. In many ways, however, the market is very different now. Here are three suppositions being put forward by some, and why they don’t hold up.

SUPPOSITION #1

A critical warning sign last time was the surging gap between the growth in home prices and household income. Today, home values have also outpaced wage gains. As in 2006, a lack of affordability will kill the market.

Counterpoint

The “gap” between wages and home price growth has existed since 2012. If that is a sign of a recession, why didn’t we have one sometime in the last seven years? Also, a buyer’s purchasing power is MUCH GREATER today than it was thirteen years ago. The equation to determine affordability has three elements:  home prices, wages, AND MORTGAGE INTEREST RATES. Today, the mortgage rate is about 3.5% versus 6.41% in 2006.

SUPPOSITION #2

In 2018, as in 2005, housing-price growth began slowing, with significant price drops occurring in some major markets. Look at Manhattan where home prices are in a “near free-fall.”

Counterpoint

The only major market showing true depreciation is Seattle, and it looks like home values in that city are about to reverse and start appreciating again. CoreLogic is projecting home price appreciation to reaccelerate across the country over the next twelve months.

Regarding Manhattan, home prices are dropping because the city’s new “mansion tax” is sapping demand. Additionally, the new federal tax code that went into effect last year continues to impact the market, capping deductions for state and local taxes, known as SALT, at $10,000. That had the effect of making it more expensive to own homes in states like New York.

SUPPOSITION #3

Prices will crash because that is what happened during the last recession.

Counterpoint

It is true that home values sank by almost 20% during the 2008 recession. However, it is also true that in the four previous recessions, home values depreciated only once (by less than 2%). In the other three, residential real estate values increased by 3.5%, 6.1%, and 6.6%.

Price is determined by supply and demand. In 2008, there was an overabundance of housing inventory (a 9-month supply). Today, housing inventory is less than half of that (a 4-month supply).

Bottom Line

We need to realize that today’s real estate market is nothing like the 2008 market. Therefore, when a recession occurs, it won’t resemble the last one.

 

 


Posted on November 22, 2019 at 8:00 am
Tammy Fisher | Posted in Loveland Real Estate, Northern Colorado Real Estate, Real Estate Market, Selling Your Home | Tagged , , , ,

What is the ‘Black Friday’ of Real Estate?

Are You Ready for the ‘Black Friday’ of Real Estate?

Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic shopping agenda, determining exactly when to arrive at each store, and capturing a wish list of discounted must-have items to purchase. But what about buying a home? Is there a ‘Black Friday’ for the home-buying process? Believe it or not, there is.

According to a new study from realtor.comthe week of September 22 is the best time of year to buy a home, making it ‘Black Friday’ for homebuyers.

After evaluating housing data in 53 metros from 2016 to 2018, realtor.com determined that the first week of fall is when buyers “tend to find less competition, more inventory, and the biggest reductions on list price.

The report explains,

“During the first week of fall, buyers tend to face 26% less competition from other buyers, and they are likely to see 6.1% more homes available on the market compared to other weeks of the year…nearly 6% of homes on the market will also see price reductions, averaging 2.4% less than their peak.”

What’s so different about the first week of fall?

George Ratiu, Senior Economist with realtor.com says,

“As summer winds down and kids return to school, many families hit pause on their home search and wait until the next season to start again…as seasonal inventory builds up and restores itself to more buyer-friendly levels, fall buyers will be in a better position to take advantage of today’s low mortgage rates and increased purchasing power.”

Learn more about how prices, listings, and buyer competition stack up during the first week of fall in your metro area.

Bottom Line

If you want to take advantage of the ‘Black Friday’ of home buying, contact a local real estate professional so you can learn about the benefits of making your next move this fall.

 

 


Posted on November 20, 2019 at 8:00 am
Tammy Fisher | Posted in Home Buyers, Loveland Real Estate, New Buyers, New Home, Northern Colorado Real Estate | Tagged , , ,