The Buzz at The Bartic Group

Check out our blog below to catch up on recent developments in Colorado's real estate world and other interesting news.

Dec. 3, 2018

Your real estate recap for November, 2018

In November, Amazon announced it’s locations for HQ2, wildfires blazed through California, and midterm elections brought out the most voters in decades.

Here’s how the news shook out for real estate in November:

1. Bezos Money Moves


+ There’s no doubt that the recent announcement of Amazon’s HQ2 locations (Long Island City, NY, and Arlington, VA) has sparked interest and concern for the housing market in these areas. In Long Island City alone, real estate agents saw a 794% increase in online views of homes for sale in November. 

+ From Housing Wire: Amazon announces HQ2 locations in New York and Virginia. "'Today’s announcement of HQ2 will likely have a quick impact on home prices and rents in Arlington, Virginia, and New York City. That’s because Amazon’s HQ2 is like nothing we’ve ever seen before,' Hale said. Not only is it one of the largest company headquarters openings, but the amount of attention it’s received is unparalleled. There’s no doubt that investors and landlords in these areas have been following the news trying to get ahead of the Amazon housing boom.

+ NY Times reports: Amazon’s HQ2 Will Benefit From New York City. But What Does New York Get? “‘What are they going to do for the community? Are they going to guarantee us employment opportunities?’ said April Simpson, the president of Queensbridge Tenants Association. 'I’m worried about, when they come, they’re not going to have opportunities for people. Not just people from Queensbridge—but other lower- and middle-income people in this area.'”

+ The Verge: For Queens residents, Amazon’s HQ2 isn’t arriving without a fight. "Between 2010 and 2016, LIC has seen a population growth of about 11 percent, which is more than double the rate of all of New York City, according to the American Community Survey. (The waterfront strip along Vernon Boulevard alone has nearly doubled its population from roughly 3,400 residents to 6,700.) A study last year found that LIC has outpaced the rest of the United States for new housing developments, and a local neighborhood development organization found that the area is on pace to grow from 80,000 residents to over 100,000 in the next three years."

2. A Country Divided By Real Estate


+ Now, we can’t ignore the red elephant in the room—it’s been an intense rat race for both sides this past couple of months leading up to the midterm elections. The country is split, left and right, in its values and, consequently, voting. Real estate data can reveal what you believe in and predict how you vote.

+ Realtor.comRed vs. Blue America: How the nation's real estate divide shaped the midterm elections “We found stark differences between America's red and blue real estate—everything from the cost of homes, the number of places being built, even the credit scores it takes to buy a home. ‘Not only are people living in different political realities, but they're contending with very different housing realities and paying different amounts for it,’ says Mark Muro, senior fellow in the metropolitan policy program at the Brookings Institution, a think tank based in Washington, D.C.

‘You're seeing the Democrats become more and more of an urban party and the Republicans become more of a rural or exurban party,’ says Kyle Kondik, managing editor of Sabato's Crystal Ball, a newsletter from the University of Virginia Center for Politics. 'As you get farther out from the city, it gets more Republican.'"

+ Then, what does it look like for the real estate market with our newly elected congress? What does this look like for home buyers and sellers? FromInman.comWhat the new Congress means for real estate. “For one the housing market, unlike the stock market, does not make sudden moves based on events like elections. Buyers will still purchase homes and sellers will still list their houses.

However, longer-term public policy can play an important role, as we have learned with actions by the Federal Reserve, starting three years ago when it began raising interest rates. Plus, tax reform has played a role — good and bad — with the real estate scene.”

3. Camp Fire to Thousand Oaks


+ Camp Fire tops the list for most destructive wildfires in California. Though it’s now 100% contained, the wildfires left a trail of flattened towns and destroyed homes (unless you hired private firefighters like the Kardashian-Wests).

+ HomeLight: Firestorms in Northern California Cause Unchartered Territory in the Real Estate Market. HomeLight analyzed the effects of the 2017 wildfires in Sonoma and Santa Rosa, CA— “According to HomeLight data, the real estate market in Sonoma county took a steep dip at the start of the fires, but in days after the containment began, sales crawled back up.

In fact, sales are creeping back to the level they were at this time last year, despite fire cleanup and aftermath. Instead of overpriced homes sitting on the market, they’re selling right away. As soon as a listing hits, buyers come in with their best offer.”

+ Business Insider: Wildfires in California have destroyed thousands of homes, and the devastating pattern is making fire insurance more expensive and complicated than ever “Thanks to heightened wildfire activity across the state, it's becoming harder than ever for California homeowners to obtain and keep fire insurance, reported the Associated Press.

'As California wildfires grow larger and more intense, an increasing number of insurance companies are not renewing policies for customers who live in areas they deem too risky to cover,’ wrote Laura Newberry of the Los Angeles Times."


After detrimental events, such as a wildfire, we have found that property owners will either 'dive, survive or thrive.' Wildfires can be an opportunity to paint a fresh picture and thrive. While it is never easy to deal with life-altering devastation, being aware of what is going on around you will help promote a positive rebuilding process.” Forbes.com: The Impact of Wildfires on The Future of California Real Estate.

+ NBCNews: How to help victims of the California Wildfires “FEMA, a government entity, does not accept donations, but they are working closely with non-profits that are relying on donations. Hart urges people who want to donate to make sure that whichever charity you choose has been approved by National Voluntary Organizations Active in Disaster (VOAD).

Here’s a list of some organizations working closely with survivors:
Right now best thing is to go on the Red Cross site and sign up to volunteer,' says Tornetta. 'Whatever time you can commit, whether it’s a week or eight hours — we will welcome your support. Please sign up and call first, as we can’t necessarily stop in the middle of an operation if you just show up.'"

4. DIY a Christmas Gift, Not Your Home Sale


+ Realtor Magazine: FSBO Transactions Hit New Record Low "The number of For Sale by Owner transactions fell to a record low of 7 percent of all home sales in 2018, down from 8 percent last year, according to the National Association of REALTORS®’ 2018 Profile of Home Buyers and Sellers. FSBOs—homeowners who try to sell their properties themselves without a real estate agent—have decreased dramatically since 1981, when they accounted for 15 percent of all home sales.”

+ What does this mean for home buyers and sellers? Chances are, you can’t compete with the chops of top real estate agents who have been in the business for years—they know the right people and the practices to get you the most for your money.

+ So, as we head into the holiday seasons and you’re thinking about selling or buying a home, take into account these five trends for the 2019 housing market.

+ From Caroline Feeney, ForbesReal Estate Markets Cooling Across The Country, And It's Not Just The Winter Effect

1. Mortgage rates will continue to rise and hit 5.5% in 2019.
2. Homebuyers will have more negotiating power, and sellers will need to make more compromises.
3. As price gains slow, home values will still appreciate at a 2-3% clip.
4. Markets will cool faster or slower depending on local conditions and tax burdens. 5. Upper-tier markets will soften while demand for entry-level housing remains high. 

+ Work with the top real estate agent in your area to navigate the rest of the year and 2019.

5. The Wells Fargo wagon is not coming to town


+ “Wells Fargo acknowledged Tuesday that, because of a calculation error, it had improperly foreclosed on 545 distressed homeowners after they asked for help with their mortgages. Overall, 870 homeowners were denied help for which they qualified — with more than half losing their homes afterward, Wells Fargo said.”Washington Post: Wells Fargo admits it incorrectly foreclosed on 545 homeowners it should have helped

+ 'Wells Fargo initially disclosed the problem in August and said it would set aside $8 million, or about $12,800 per customer, to address the problem. But on Tuesday it increased the number of people it believes were affected after conducting an expanded review. A ‘substantial majority’ of the borrowers have already been contacted and will be offered “remediation,' the bank said.

+ 'This effort to identify other instances in which customers may have experienced harm is ongoing, and it is possible that we may identify other areas of potential concern,' the bank said in its SEC filing."

+ One word: Yikes. Calculation errors… isn’t their job to do, well, calculations? Some owners decided to take action against their wrongful disclosure. Market Watch: Longtime Sacramento Restaurant Owner Files Wrongful Foreclosure Lawsuit Against Wells Fargo.

+ CBS News: How to fight a wrongful foreclosure.


6. Cash or coin?


Blockchain is taking on a new frontier: real estate. But, it’s premature to think that young tech billionaires are now purchasing homes with Dogecoins.

+ Forbes: How real estate is breaking the blockchain mold “As it stands, most real estate transactions that involve cryptocurrency require the parties to transfer their assets into fiat cash – although experiments involving direct crypto to crypto transfers are ongoing.

While blockchain is forecast to turn into a billion-dollar industry in the next few years, growing to $9.7 billion by 2021, the report states that adoption in the commercial real estate markets is limited. To date, only a handful of single-family sales have taken place using cryptocurrency.”

+ For more literature: The Blockchain for Real Estate, Explained ( Forbes)

+ If Bitcoin isn’t your thing, what about cold hard cash? Housing Wire: Feds significantly expand investigation into all cash real estate deals

“Title insurance companies in 12 of the nation’s largest markets will now have to provide federal authorities with substantial details on all real estate deals of $300,000 or more if the buyer is paying all cash. The requirement comes at the hands of the Treasury Department’s Financial Crimes Enforcement Network, which is significantly expanding its investigation into whether foreign buyers are using shell companies to buy U.S. real estate in order to launder money.

Going forward, title companies in Boston; Chicago; Dallas-Fort Worth; Honolulu; Las Vegas; Los Angeles; Miami; New York City; San Antonio; San Diego; San Francisco; and Seattle will all be required to report on the person behind shell companies on all-cash deals of $300,000 or more.”

7. Mr. Robot, the Realtor


+ “Home buyers have reported losses totaling $1 billion to the FBI since 2015” reports NBCNews Bay Area (“They Failed to Protect My Money”: Home Buyers Demand Answers, Accountability After Fraud). “Among the latest victims is Maria Lopez, a Napa retiree.  She now finds herself caught up in a costly home purchase gone awry.‘ I have absolutely no savings,’ Maria said. ‘So, if something happens, like if my car breaks down, I have no money to pay for that." Maria did have savings — until someone stole it...Internet thieves spoofed her real estate agent's email account, and took every penny.”

+ The FBI issued a public service announcement just last year, warning against electronic money wiring and email fraud. How can you prevent this from happening to you?

+ Realtor Magazine: Housing is the second highest industry for cyber attacks

Be particularly vigilant Tuesday through Thursday. Cyberattacks can happen at any time, but businesses were found to be 2.5 times more likely to fall victim to a phishing attack between Tuesdays and Thursdays.

Watch for fake invoices. The most common way to disguise malware for businesses is through an 'invoice.'

Don’t be ignorant. For every 33 employees, you can expect one phishing attack per quarter, the report finds.

Don’t believe software will always protect you. Antivirus software usually lags 30 days behind evolving malware in detecting it.”

8. Flash sale! This Thanksgiving only—ish!


+ 70% off flatscreen TVs, buy one get one 50%—Black Friday is any shopper’s Holy day. Now, what about housing? Do “hot deals, act now!” exist in the real estate industry?

+ Kind of… (Bloomberg: Black Friday Comes to London Apartments With $64,000 Discounts), but for real estate in the U.S., the best time to buy isn’t necessarily on the day after Macy’s Thanksgiving Parade. What you can do is time your sale or purchase like a Black Friday deal.

+ Find out the best time to sell your house with HomeLight’s Best Time To Sell tool.

+ “Over the last 5 years, we've compiled the most comprehensive dataset on real estate transactions nationwide. Each month, we add new information to our database to better match homeowners with the top real estate agents in their areas. This same data can be used to see the best time to put your house on the market.”

+ Attom Data: Top 10 days of the year to buy a home “ATTOM Data Solutions, curator of the nation’s premier property database, today released an analysis of the best days of the year to buy a home, which shows that only 10 days of the year offer discounts below estimated market value — seven in December, and one each in October, November, and February."

9. Rodgers and Hammerstein’s Tulsa, Oklahoma!


+ CityLab: Stop Complaining About Your Rent and Move to Tulsa, Suggests Tulsa“Another big plus is that Tulsa is much, much cheaper to live in than New York City. The median home price here is about $120,000, not nearly $700,000. And, for about 25 lucky telecommuters looking for a change of scenery, it’s about to get even more affordable.”

+ CNBC: Tulsa, Oklahoma, will pay you $10,000 to move there and work from home “Eligible workers receive access to additional benefits, including a co-working space that comes with complimentary snacks and beverages, as well as monthly meetups and workshops with fellow members and Tulsa entrepreneurs. Program participants will also have the option of living in a new, fully-furnished apartment for a discounted rent, plus free utilities for the first three months.”

+ This isn’t the first city offering straight up cash for you to move in with them. Newton, Iowa revitalized their dwindling population with a $10,000 subsidy, Vermont is offering $10,000 in tax breaks, and Maine expanded a local program to offer student loan forgiveness for recent grads.

+ In an effort to compete with coastal migrations, the Midwest is laying it all on the line, “Love Actually”-style. But, with a $10,000 bag of money.

That wraps it up for November, 2018.
Nov. 2, 2018

Monthly Real Estate Recap

 

1. Miss Fannie Mae 

+This past month, the press has zoned in on one particular trend: rising mortgage rates. They’ve hit an all-time high since 2010 when it lingered around 4.7 percent.

From WashPost: US average mortgage rates edge up; 30-year at 4.86 percent. “Home borrowing rates remain at their highest levels in more than seven years, with the key 30-year rate approaching 5 percent. Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate mortgages ticked up to an average 4.86 percent this week from 4.85 percent last week. A year ago, it stood at 3.94 percent.”
 

+So, what does this mean for homebuyers?
 

+“For homebuyers who don't have a lot of wiggle room in their wallets, the rise in monthly payments will reduce the number of homes affordable to them in their local markets. A buyer with a $2,500 monthly housing budget lost nearly $30,000 in purchasing power this year.” CNBC onHigher mortgage rates, rising prices costing homebuyers more than $1,200 a year.
 

But remember, mortgage rates are still at a historic low. And since rates have just started to rise, agents like Loretta Thomason, a top selling agent in Austin, Texas, haven’t seen the effect on her home sales just yet.

“I would advise my buyers to lock in the rates now and purchase at this time” (after checking with their lenders). “Try to get a home before rates increase too much, where you’re no longer able to afford a property,” says Thomason.
 

+Jon Coile from WashPosthas a couple of other ways to finesse the higher mortgage rates as a homebuyer in What to consider when buying a home amid rising mortgage rates.
 

2. Tech rush: California to Austin, Texas

+“Google, Apple, Amazon, Dropbox, and Oracle have all recently either built new facilities or significantly expanded existing ones in or near Austin, prompting dozens of smaller internet companies and start-ups to follow. The city remains affordable, as well, with a favorable cost of living compared to dozens of other major cities in North America.”
From Washington Post: Movers and Shakers are flocking to rising tech hubs
 

+With steep housing prices in the Silicon Valley and Bay Area, young home buyers don’t mind moving to other techie hubs that go easier on their savings account.


+“In the Austin area, the biggest generator of inflow was San Francisco, unsurprising considering both cities are hubs for the technology sector.” Culture Map: California homebuyers continue coasting into Austin's real estate market
 

+ Thomason: “I had a closing this morning—she works for Google and he’s at Amazon, and they moved here from California! This is their first home and this is where they can still build a home in the low $220K price range. I still see the California trend, with all the new companies moving into Austin.”
 

3. Rental news: Expedia versus Airbnb

+ Housing WireExpedia dives headfirst into short-term rentals, acquires Pillow and ApartmentJet.“Expedia announced this week that it is acquiring Pillow, a San Francisco-based startup that helps apartment owners work with their long-term residents to turn their occupied units into short-term rentals, and ApartmentJet, a software company that enables multifamily property owners to turn units into guest suites.”
 

Expedia acquired HomeAway back in 2015, which already taps into the short-term rental market. “According to Expedia, the acquisitions will ‘help unlock urban growth opportunities that, over time, will contribute to HomeAway’s ability to add an even broader selection of accommodations to its marketplace and marketplaces across Expedia Group brands.’”


“Our acquisitions of Pillow and ApartmentJet are important and foundational investments in the Expedia Group platform,” Okerstrom (CEO of Expedia) added. “We gain technologically advanced solutions that will help us give travelers new options for great places to stay in popular destinations while benefiting residents, owners, managers, and local tourism.
 

If you want to rent out rooms in your house, your role as a host is getting a whole lot easier. Especially with higher mortgage rates, it’s a great time for homeowners to consider short-term rentals as a way to make some extra cash.
 

+ TechCrunch, Expedia acquires Pillow and ApartmentJet to conquer the short-term rental market.
 

4. Eye on the storm

+After Hurricane Michael and Florence devastated areas in Florida and the Carolinas, it might be useful to look back to Harvey and consider what will happen to their housing market.
 

+ In WSJ:How Harvey Transformed House-Hunting in Houston, where there weren’t any floods, like the Heights neighborhood in Houston, “the median sales price of homes rose 8.2% to-date in 2018 from the year earlier, according to the Houston MLS. The median sales price of homes in River Oaks has shot up 22.6% year-to-date compared with a year earlier.”
 

Where Harvey gave no mercy, like the “traditionally affluent Bellaire, the median sales price of homes fell 11.8% over that same period.”
 

+But, as reported in HomeLight’s hurricane comparison of Katrina and Harvey, Houston’s real estate market bounced back almost immediately. From HomeLight:Hurricanes Harvey vs. Katrina: Which Storm Hurt the Housing Market Most?
 

“Houston housing experts say the Harvey effect won’t last long, and that neighborhoods like Bellaire that might be down now are where the opportunity lies. There is skepticism that climate change will lead to another event of Harvey’s magnitude anytime soon” (WSJ).
 

5. Aftermath of the storm

+So, your house is actually better insured for volcano damage than floods. Unless you in live in Hawaii or Washington, a volcanic eruption is probably the least of your worries. Storms and hurricanes on the other hand cause floods, which are not covered…
 

+“Towns and cities along the Panhandle coast were left in ruins, and damage extended well inland into southern Georgia. The storm’s high winds stripped roofs and caused trees to fall on homesand cars. Coastal communities were walloped by a massive storm surge, which forecasters predictedcould reach as high as nine to 13 feet before the storm. Only homeowners who bought separate flood insurance for their homes were covered if water from Florence damaged their house. And there weren’t many people in that boat.”
 

+From Market Watch:After Hurricane Michael, what homeowners need to know about disaster insurance. You might want to consider purchasing flood insurance to avoid paying cash upfront if and when another hurricane hits.
 

+ CNBC: Tech and real estate turn to the cloud to protect cities from floods. “One four-year-old company, Boston-based Opti, installs underground smart water management systems that connect to the technology cloud and track the weather. The systems control water coming into and out of urban lakes, retention ponds, tanks, pipes, cisterns, even constructed wetlands.”
 

“‘We're able to take the weather forecast and use it to predict how much runoff is going to occur, and drain the facility down in advance to create new storage without building a new major capital asset,’ Opti CEO Marcus Quigley said.”
 

6. A team... like the Red Sox?

+ PR Newswire:Number of Real Estate Teams are Growing, NAR Survey Finds
 

+NAR found that a rising trend in real estate teams. A team is typically led by one main agent in charge of showings and listings. The other team members are each responsible for one specific aspect of your sale.
 

+“The survey asked Realtors® to choose from a list of activities to explain their primary functions on a team. The most common answer was agent (88 percent), followed by broker (50 percent), marketing (47 percent), administrative (47 percent) and transaction coordinator (34 percent).”
 

"‘This growing trend not only helps our members share workloads and responsibilities but also allow Realtors to benefit from the experience of fellow professionals. The synergies of a well-functioning team are often an incentive to relinquish some of the independence of a solo practitioner and offer many attractive features for both licensees and their customers,’ said NAR President Elizabeth Mendenhall, a sixth-generation Realtor from Columbia, Missouri, and CEO of RE/MAX Boone Realty.”
 

+This trend shows just how much harder it is to sell a home by yourself.Can you make a drone video or VR experience of your house for buyers? Probably not, huh? But, more importantly, do you know the market well enough and deal with real estate transactions on a daily basis? Without a real estate agent or team on your side, you’ll be competing with staffs and groups who know what they’re doing. Find a top real estate agent or team in your area with HomeLightto compete with the market.
 

 + NAR:2018 Teams Survey, from July - October 2018.

“Among respondents that are not currently on a real estate team, nine percent have strongly considered and 30 percent have briefly considered joining or starting a real estate team.

Twenty-nine percent of respondents had two people on their real estate team.
The median number of people on a real estate team was four.
The median year that real estate teams were established was in 2014.

Typically, respondents joined their current real estate team in 2016.”
 

7. Avocado toast and house hunting

+ CNBC:Waiting longer to buy a house could hurt millennials in retirement
 

+“The researchers found homeownership declining most steeply among people under the age of 30 when compared with other generations. ‘They're not able to hit the mark at the same age as their parents,’ said Tamara Sims, a research scientist at Stanford. Why the delay? People often want to put down roots once they have a family. Indeed, the likelihood of owning a home by the age of 30 swells by nearly 30 percentage points for those already married and with children. But younger people today are not in a rush to wed and reproduce.”
 

+Due to student loans, rising prices, and a shift in home ownership culture, younger people just aren’t buying as many homes. But, this isn’t any reason for baby boomer home sellers to fret! As the circle of life continues, the oldest of millennials are now approaching 38 years old, closer to a secure age to buy a home. 33% of home buyersin the U.S. in 2018 were first-time buyers—we forecast a gradual increase in first-time buyers as millennials get older. Guess ya can’t stay young forever.
 

8. Tiny homes, big roles

+As small as 400 square feet and as large as 1,000, tiny homes are once again in the news. This time, they have a bigger role to fill other than appeasing a couple looking to downsize but also keep a bathtub and queen size bed in a 500 square feet box. Veteran Chris Stout realized that Tiny houses for homeless vets make a lot of sense, CNN.


Instead, people are starting to realize its use in more practical and powerful ways. “Our anticipated length of stay [homeless veterans] is six months, but as long as they're working towards their goals, they're welcome to stay.

We see these tiny homes as an educational tool to teach them how to maintain a home, cook for themselves and live next to neighbors.

So far, eight of the original 13 residents have moved into permanent housing. They take their furniture with them, so it takes about 72 hours to prepare a home for the next resident. We'll also have a community center providing medical, dental, barbershop, veterinarian care, as well as a fellowship hall, so we can have group events. So far, we have helped more than 8,000 veterans.”
 

+In Arizona, which ranks dead last for elementary school teacher salaries in the country, school districts decide to target the state’s housing problem as another way to keep teachers in the area despite their low pay. CBS News: How tiny homes are helping cash-strapped teachers in Arizona.
 

“‘The Vail Unified School District purchased a five-acre lot for two dozen tiny homes. The district will charge $125 a month for the land and utilities, but the teachers will own the homes, paying around $600 a month – half the cost of the average mortgage in Vail. We have to be aggressive in pursuing all avenues that we can to attract and retain high-quality teachers, and we feel that this is one of those ways,’ said John Carruth, associate superintendent of the school district.”


That's it for October, 2018.

Posted in Bartic Group Buzz
April 11, 2018

BREAKING NEWS: It is time to sell!

Denver, the most expensive housing market between two coasts, hit an important milestone in February. For the first time ever, the average sold price of a single-family, detached home topped $500,000, at a record breaking $502,986. The year-over-year appreciation was up 11.78% from February 2017. The dramatic price increase came as the total sales volume posted a double-digit drop. The 2,002 single-family homes sold in February marked a 10.59% reduction in closings from a year earlier, DMAR data shows. 

Home prices are rising while at the same time mortgage rates are rising. Rates are now averaging close to 4.45% for a 30-year mortgage, while rates below 4% were available not long ago. Part of the reason home prices are going up so quickly, especially so early in the year, is because some people are bidding up home prices before they rise even more. 

Historically, when single-family home prices shot up, more consumers - especially first-time buyers - chose less expensive condos and townhomes. With an average price of $345,632, attached homes are significantly less expensive than single-family homes. However, condo prices have risen even more than single-family homes jumping 16.95% from February 2017.

Interested in selling? Find out what your home is worth here

Article Credit: Denver Real Estate

Posted in Bartic Group Buzz
March 23, 2018

15259 W La Salle Ave, Lakewood, CO 80228

Posted in Bartic Group Buzz
Feb. 1, 2018

Upgrade With Color

The easiest way to make a BIG impact in a room – paint! Color can impact the overall mood of your surroundings as well as what potential buyers immediately feel when they step inside your home. It can be challenging and stressful to choose the right combination for your particular space. Here are what the experts are predicting as the hottest colors of 2018:

 

Hues to Use

Experts from Pantone, Sherwin Williams and other companies make annual paint color predictions based on global themes. Hues such as BEHR’s color of the year, In The Moment, along with its peaceful palette, focus on people’s needs to unplug from an over connected world. I think we can all agree with this! Similar shades like Equilibrium and Off The Grid promote a sense of serenity. Paint can transform your unused home office into a personal oasis.

 

Light and Dark

Contrasting light and dark colors is a great way to create dynamism in your home décor. The lighter the shade, the more spacious the appearance. If your furniture and flooring are primarily neutral, adding dark colors can bring balance and help create attractive focal points.

 

Capitalizing on Color

Whether we notice or not, our mood is influenced by the colors around us. Soothing shades such as powdery blue Casual Day can help you unwind, similar to a relaxing day at the beach. While vibrant deep oranges like Civara invigorate the senses, and create an optimistic tone; has anyone ever been unhappy looking at a sunset?!

 

Pointers for Color Pops

Both fun and formal spaces are equally enhanced by accents. Whether you use them to highlight a unique architectural feature or tie an area together, the trick is to be strategic. In design, the 60-30-10 rule is a well-known way to bring balance to a room.

 

What is the 60-30-10 Rule?

You don’t need to be a mathematician to use the 60-30-10 rule in your décor, nor do you need a ruler or a calculator. The rule simply states that for the most balanced, appealing look, you should choose a three-color palette for decorating a room, and use it as follows: decorate 60% of the room with the dominate color, decorate 30% of the room with the secondary color, and use the remaining color as an accent in 10% of the space.

Happy painting!

Posted in Bartic Group Buzz
Jan. 29, 2018

New Year, New Home.

New Year, New Home.

Thinking about buying or selling your home in 2018? Here are a few key points to help you get ready.

Sellers:

1.      Declutter and Organize

With the holiday whirlwind finally over, it is the perfect time to put everything back in its place. Spend a few extra minutes organizing your closets. Decide what you no longer need and clear it out! This will help showcase your storage space to potential buyers.

2.      Make Updates to Increase Your Home’s Value

Talk with your agent about small, low budget, changes you can make that will have a big impact on buyers. Updates like a kitchen backsplash or new hardware throughout are quick fixes that leave a lasting impression.

3.      Price Your Home to Sell

      Keep yourself up to date on market indicators such as recent sales, pricing trends, and inventory to guide you in getting the best listing price. Overpricing could scare off potential buyers while underpricing means that you as a seller could leave money on the table. Be sure to reach out to us to discuss the right pricing strategy. To keep yourself up to date on market indicators sign up for our Customized Market Reports.

 

Buyers: 

1.      Find Out How the New Tax Bill Affects You

      With the new 2017 tax bill that was signed into law, there are several financial changes that should be taken into considerations when buying a home, such as the conforming loan limit increasing. As a buyer it is important to acquaint yourself with these changes. 

2.      Get Pre-approved

      Be ahead of the game and ensure you are able to submit a competitive offer. Most agents require it and many sellers won’t even entertain an offer without a pre-approval letter. Don’t have a lender? We would be more than happy to connect you with one our highly-regarded lenders. 

3.      Set Up a Saved Search

Once you establish your general purchase price range, head to The Bartic Group website to start searching for properties to make your buying process quick and easy. The Bartic Group website is directly updated from the MLS for the most accurate and current listings! Our website makes your home search a breeze by helping you narrow your search based on your desired specifics, such as location, price point, and bedrooms/bathrooms.

Give us a call at 720-208-7200 for more information before listing your home or purchasing a home! 

 

Posted in Bartic Group Buzz
Sept. 19, 2017

Last weeks for Farmers Markets

Fresh produce, outdoor setting, and a chance to try great local food! Most Farmers Markets only have a month or two left, a couple end this weekend. Check them out while you still can this season! 

 

 

 

CHERRY CREEK FRESH MARKET

E. 1ST AVE. AND UNIVERSITY BLVD.

The award-winning Cherry Creek Fresh Market is the largest farmers' market in Denver. Touted as the “Cadillac of farmers markets,” you’ll find a high-quality mix of Colorado growers and unique local gourmet food vendors representing the best of the Rocky Mountain region. Also enjoy chef events, gardening tips from Master Gardeners and Master Composters, live music and more in a fun and festive outdoor shopping environment. Parking is free during the market.

WHEN: Saturdays, May 6–Oct. 28, 2017, 8 a.m.–1 p.m.; Wednesdays, June 14–Sept. 27, 2016, 9 a.m.–1 p.m.

CITY PARK ESPLANADE FRESH MARKET

E. COLFAX AVE. AND COLUMBINE ST.

Now in its 20th season, the City Park Esplanade Fresh Market sets up around historic Sullivan Fountain among the majestic statues and architecture of City Park. A strong agricultural market, you’ll find the best selection of local growers on a Sunday complemented by a fun mix of fresh food vendors in an urban park setting. There's plenty of free parking, so if you miss the Cherry Creek Fresh Market on Saturday, visit your favorite market vendors on Sunday!

WHEN: Sundays, June 4–Oct. 29, 2017, 9 a.m.–1 p.m.

THE FARMERS' MARKET AT HIGHLANDS SQUARE

32ND AVE. AND LOWELL BLVD. 

Beginning June 11 and every Sunday through September, HighlandsSquare will bring you The Farmers' Market at Highlands Square. Going on its fourth year, this market has a charming location, flanked by local boutiques and eateries. In addition to the farm-fresh food, expect live music and beverages, including local craft beer, mimosas and Bloody Marys. 

WHEN: Sundays, June 11–Sept. 24, 2017, 9 a.m–1 p.m.

STAPLETON FRESH MARKET

E. 29TH AVE. AND ROSLYN ST.

The Stapleton Fresh Market takes place from June to October on the Founders' Green. Don't miss freshly popped kettle corn and other tasty snacks while you browse for healthy produce. This year's kickoff is on Father's Day, making it the perfect way to spend the morning with Dad. 

WHEN: Sundays, June 18–October 15, 2017, 8:30 a.m.–12:30 p.m.

UNION STATION FARMERS' MARKET

DENVER UNION STATION PLAZA 

The Union Station Farmers' Market takes place right in the heart of The Mile High City and is a beautiful sight to behold on sunny Saturdays, with gleaming produce on display in the impressive plaza of historic Union Station. The market boasts an impressive list of local producers and vendors, selling farm-fresh fruits and veggies, meat and dairy, and prepared goods like coffee, sauces and baked goods. 

WHEN: Saturdays, June 3–Oct. 28, 2017, 9 a.m.–2 p.m.

OLD SOUTH PEARL STREET FARMERS' MARKET

ON THE 1500 BLOCK OF OLD SOUTH PEARL ST., BETWEEN FLORIDA AVE. AND IOWA AVE.

Super-fresh produce, ready-to-eat treats, artisan cheeses and just-out-of-oven baked goods — this is what a farmers' market is all about! The quaint South Pearl neighborhood hosts the splendid Old South Pearl Street Farmers' Market every Sunday in the summertime. The irresistible smell of freshly roasted chilies will lead you over to Pope Farms' booth. And keep an eye out for juicy, fresh Colorado peaches at the Ela Family Farms stand.

WHEN: Sundays, May 21–Nov. 19, 2017, 9 a.m.–1 p.m.

HIGHLANDS RANCH FARMERS' AND STREET MARKET

9288 DORCHESTER ST., HIGHLANDS RANCH

Made up almost entirely of farmers and producers from the areas surrounding Denver, this is a fun, fresh market that is worth the drive to Highlands Ranch. Fill all of your fruit and veggie needs and then explore some of the other, more unique booths of the Highlands Ranch Farmers' and Street Market, offering everything from handbags to cooking utensils to garden adornments.

WHEN: Sundays, May 7–Oct. 29, 2017, 10 a.m.–2 p.m.

LITTLETON FARMERS' MARKET

7301 S. SANTA FE DR., LITTLETON

Venture outside of the city to the Littleton Farmers' Market at the Aspen Grove Lifestyle Center. If you want to be even more eco-friendly, take the light rail to Aspen Grove to reduce your carbon footprint.

WHEN: Wednesdays, June 14–October 11, 2017, 10 a.m.–2 p.m. 

FOUR SEASONS FARMERS AND ARTISANS MARKET

7043 W. 38TH AVE., WHEAT RIDGE

The year-round, indoor Four Seasons Farmers and Artisans Market offers an open-air option in summertime. The market is a great source for local, farm-fresh vegetables and fruit, raw goat milk, cheeses, sauces, preserves, baked goods, free-range chicken and duck eggs, flowers, organic grains, and local meats. The market places an emphasis on healthy, high-quality local foods. Photographers, jewelers, painters and other artists also display their work during the market.

WHEN: Saturdays, May 13–Oct. 28, 2017, 9 a.m.–2 p.m.

SOUTHWEST PLAZA FARMERS' MARKET

SOUTHEAST PARKING LOT AT WADSWORTH AND BOWLES AVE.

Local suppliers come to the Southwest Plaza Farmers' Market with their fresh peaches, plums, apricots and cherries mid-season, and you'll also find fresh baked goods, honey and greens.

WHEN: Saturdays, May 6–Oct. 28, 2017, 8 a.m.–2 p.m.

LAKEWOOD FARMERS' MARKET

MILE HI CHURCH, ALAMEDA AVE. AND GARRISON ST., LAKEWOOD

At the Lakewood Farmers' Market, a large lineup of vendors will tempt you with beautiful leafy greens, glistening grape tomatoes, fragrant green chili and shiny string beans. And you'll also have the chance to munch on kettle corn and cheese samples while you browse knitted shawls and handmade soaps.

WHEN: Saturdays, June 17–Oct. 28, 2017, 10 a.m.–2 p.m.

WHEAT RIDGE FARMERS' MARKET

8235 W. 44TH AVE., WHEAT RIDGE

Choose from a ripe selection of produce from well-respected farmers who participate at the Wheat Ridge Farmers' Market, including Forte and Galicia Farms, plus some niche sellers offer up their finest mushrooms, jams, pastries, rice and nuts.

WHEN: Thursdays, July 6–Sept. 28 2017, 10 a.m.–2 p.m.

 

Posted in Bartic Group Buzz
Sept. 18, 2017

So your information may have been breached, what to do now

 

 

What to Do About the Equifax Security Breach

 

Quick Background:

 

Between mid-May and July of 2017 cybercriminals stole the personal data of 143 million U.S. consumers by hacking into Equifax, one of the three major U.S. credit bureaus.

Equifax discovered the hack on July 29 and disclosed it publicly on September 7, at which time newspapers started exploding with all kinds of information about what consumers should do to protect themselves. After a review of many articles, here's a shortlist of experts' top recommendations:

1. Assume your data was affected.


Equifax offers an online tool for you to check whether or not your data was stolen, but people have reported getting different results when they entered their information more than once.

2. Be careful of what you sign up for.


Equifax is offering a free year of their TrustedID credit monitoring service to affected consumers, but initially the language in the agreement appeared to require people to give up their right to sue Equifax. They have now added an opt-out provision, and some attorneys believe the language applied to suing TrustedID and not Equifax - but when attorneys don't all agree it's a sign that consumers should be especially cautious.

3. Consider locking your credit with a security freeze.


All three credit bureaus allow you to prevent access to your credit by "freezing" it.

The upside:

A security freeze makes it much harder for thieves to open up new accounts in your name.

The downside:
It typically costs between $5 to $10 to freeze your account with each credit bureau (although read below to find out how to avoid the TransUnion fee), and it can be inconvenient if you need credit checks when you're doing something like applying for a loan or changing cell phone providers. There's a small fee to temporarily unlock your account with each credit bureau.

One of the most helpful articles on this topic is by Michael Roub on the DoughRoller website - click here to read it. He is a big fan of security freezes.

Here's how to avoid the security freeze fee at TransUnion:

Roub's article explains that TransUnion's TrueIdentity free (yes, actually free) base level plan allows you to lock and unlock your account online without being charged. It also provides you with access to your TransUnion credit report.

Tip: Security freeze fees are often waived for seniors.

4. If a credit freeze sounds like too much, place a fraud alert.


Anyone who believes their information has been compromised can place a 90-day fraud alert on their credit files for free. The first credit bureau agency you do this with is required to contact the other two bureaus on your behalf. The fraud alert means that any company opening up credit in your name needs to contact you first.

The upside:
There's no charge, and it's relatively easy to grant access to companies that legitimately need to see your credit history.

The downside:
It needs to be renewed every 90 days, which most people are unlikely to do. Also, there's some disagreement as to the standard of verification that companies are legally required to follow.

5. Be clear on what various resources do and don't do.


- Credit freezes and fraud alerts are preventative. They help stop criminals from opening up new accounts, but do nothing to protect the accounts you already have.

- Credit monitoring detects suspicious activity that has already taken place. (This can be done via a service, or you can check your own reports regularly.)

- Identity theft protection tells you if personal information such as your Social Security or driver's license number is being used in ways that don't show up on your credit history, for example, to open up new utility or medical accounts.

- Checking your own financial statements regularly is the only way to make sure you'll detect any suspicious bank withdrawals or card transactions.


 

The Bottom Line:


The Equifax event was basically the Hurricane Irma of data breaches, affecting 44% of Americans. Fortunately, by acting now we can ward off a lot of trouble.

The following steps taken together provide a strong combination of prevention and detection:

1. Credit Security Freeze:
Use the links below to set them up.

- Equifax Security Freeze
- Experian Security Freeze
- TransUnion TrueIdentity Service (A free service that includes freezes.)

2. Identity Theft Monitoring: Reviews.com has what appears to be a well-researched review of identity services.

- Click here to read the review.

3. Credit Monitoring: Keep an eye on your credit history, or use an identity theft protection service that includes credit monitoring.

- The official place to get your annual free credit report with no strings attached is AnnualCreditReport.com.

4. Track Financial Transactions: Review financial activity regularly, and set automated alerts for withdrawals.

5. Think Long Term: The stolen data will probably be as relevant in ten years as it is today, so keeping on top of things is important.

 


Posted in Bartic Group Buzz
Sept. 1, 2017

What to do in Colorado this Labor Day weekend

Many stores might be selling Halloween costumes and serving out pumpkin spice lattes but this weekend is still the unofficial last weekend of summer. With the long weekend upon us I am sure we are tall wondering "what should we do?"

Check out some of the great activities going on around our beautiful state!

 

 

 

Rocky Mountain Showdown – Sept. 1 – Sports Authority Field at Mile High

The University of Colorado Buffalos are taking on the Colorado State University Rams at Sports Authority Field at Mile High on Friday night, and unlike last year, this game might actually be a good one.

 

There are still some tickets available on StubHub and through Ticketmaster, and you might as well enjoy the game while you can. Only two more Rocky Mountain Showdown games are scheduled after this year.  For more information on the game and how to watch/get tickets, get out this link: http://noconow.co/2ep8hve

Tour De Fat – Sept . 2 – New Belgium Brewing Company, Fort Collins

The bike parade starts at 10 a.m. and the All American Rejects go on at 7:40 a.m. Tickets are $25 and New Belgium donates a big chunk to nonprofits. You can find out more about everything going down at the Tour de Fat here: http://bit.ly/2wmVYrk

First Free Saturday – Sept. 2 – Denver Art Museum

Take a walk around the area and have lunch then head over for a free day of art! Great chance to check out the art museum and all it has to offer! To see exactly what the Denver Art Museum has to offer, go to: http://bit.ly/1HIaoVH

Brews and Views Beer Fest – Sept. 2 – Hudson Gardens, Littleton

Designated drivers get in for $5. Tasting level $25. Connoisseur lever $50

 to see a list of the breweries and to buy tickets, go to: http://bit.ly/2goXcuD

Wild West Air Fest – Sept. 2 – Steamboat Airport

Among the highlights of this air show (in a scenic mountain setting) are: a WWII Navy Torpedo Bomber TBM-3 Avenger performing a bombing simulation, the Rocky Mountain Renegades and a meet-and-greet with Astronaut Steve Swanson. Learn more by checking out: http://bit.ly/2eKHZEf

Cumbia Festival – Sept. 3 – Levitt Pavilion, Denver

Love to dance? Check iyt tge Levitt Pavilion in Denver bringing Cumbia music to life! 

The concert features La Tropa Vallenata, Tropical Kaoba and Los Chavos Dun Dun. To learn more, check out: http://bit.ly/2iM9Zf0

Taste of Colorado – Sept. 1 to Sept. 4 – Civic Center Park

A Labor day tradition for the whole family! Shopping, food from around the state, designated kids play area, and more! For more information and the line up, check out: http://bit.ly/1fWcMuZ

Colorado State Fair – Until Sept. 4 – Colorado State Fairgrounds in Pueblo

This is the last weekend of the Colorado State Fair, and there’s a lot going on here, from rides to a rodeo to concerts. ZZ Top is slated to play Friday evening, and Skillet is on Saturday followed by Hunter Hayes on Sunday. See a list of everything that’s at the fair here: http://bit.ly/1rSxegE

Last weekend at Water World, the Elitch Gardens Water Park – Until Sept. 4 – Denver

Cool off at these great theme parks! Both Water Water and the water park at Elitch Gardens are shutting down after this weekend.

 For information on Elitch Gardens, go to: http://bit.ly/1P0JXhX

 For more information on Water World, go to: http://bit.ly/2euMjKG

 

Enjoy!!!

Posted in Bartic Group Buzz
Aug. 21, 2017

Testimonial from Jim

I chose the Bartic Group to sell my condominium. My choice was based on their proven record and market knowledge. Brendan met with me and we quickly developed a plan to list my property at a price that was quite a bit more than I was expecting to receive. Brendan's research and analysis of the market was spot on, as my property was listed in less than 12 hours and I received an over asking price offer within 24 hours of having it listed. I was very impressed with Brendan and his competent, professional staff who were on top of the process from beginning to end. I would highly recommend the Bartic Group to any homeowner looking for a consummate professional organization to handle their real estate transactions.

- Jim -

Posted in Testimonials