Felecia Montoya - Compass Colorado

Felecia Montoya - Compass Colorado I service Denver and the northern metro area, including Thornton, Northglenn, Westminster, Arvada, an

Born and raised in Colorado, as your Realtor I can surely show you all that this beautiful state has to offer. Whether you’re interested in urban living, the best schools, the outdoors or the architecture --- I will provide you with information you are looking for and help you tie it in to your home needs. My ultimate goal is to provide my clients with personalized service while building a trustin

g relationship that will last long after we’ve accomplished your real estate goals. Find out more about the Baker neighborhood at the Baker Pulse page at https://www.facebook.com/pages/Baker-Pulse-Denver-CO/1381322425473437

I'm so excited to share this news! Forever grateful that I get to serve my community as a trusted Realtor.              ...
10/12/2023

I'm so excited to share this news! Forever grateful that I get to serve my community as a trusted Realtor.

Many homeowners have a love/hate relationship with their HOA. There are several pros, cons, and even potential nightmare...
10/10/2023

Many homeowners have a love/hate relationship with their HOA. There are several pros, cons, and even potential nightmares when it comes to dealing with homeowners associations, but the real question is - are HOAs worth it? Learn more in our October Newsletter! 🎃 8z.com/newsletters 🔗

Your home is more than four walls.It's a treasure trove of opportunity and a tool for getting you where you want to be. ...
10/05/2023

Your home is more than four walls.

It's a treasure trove of opportunity and a tool for getting you where you want to be.

U.S. homeowners have an average of $274,000 in equity — equity that could be working for you in one of these three ways:

1️⃣ Renovate and renew.

Has your kitchen been begging for an upgrade? Or does your living room need a modern twist? Your equity can foot the bill for those long-awaited renovations.

2️⃣ Move up without selling out.

Found your dream home but don't want to say goodbye to your current property? That equity can open doors to a new home without parting ways with your current one. Plus, you can rent out your current home for an additional income stream.

3️⃣ Long-term investing.

Whether it's starting a business, funding your or your child’s education, or venturing into the world of investments, your home's equity is a potent resource.

Ready to make your equity work as hard as you do? I’d love to talk about your options and map out a strategy that fits your goals. Just reach out to get started!

Every real estate success story starts with this 👇✨ High-quality listing photos. ✨Don't just take my word for it, the pr...
10/03/2023

Every real estate success story starts with this 👇

✨ High-quality listing photos. ✨

Don't just take my word for it, the proof is in the numbers.

Listings with professional photos sell for 47% more per square foot. Not to mention, they sell faster.

Listings with one photo spend an average of 70 days on the market, while listings with at least 20 images sell within 1 month.

For those ready to make a move, investing in top-tier photos isn't just wise – it's essential. Also, if you plan to sell in the winter, it’s a good idea to take photos now before the snow falls. Photos taken in the warmer months are much more attractive to buyers looking online.

Reach out if you need help tracking down the right photographer or staging company!

Selling soon? You’ll FALL in love with the advantages!🍁 Less competition - Fewer homes on the market = Your home stands ...
09/28/2023

Selling soon? You’ll FALL in love with the advantages!

🍁 Less competition - Fewer homes on the market = Your home stands out from the rest.

🍁 Serious buyers - Fall tends to attract more serious buyers, motivated to settle in before the holidays and colder months.

🍁 Year-end tax benefits - Buyers are usually eager to purchase before year-end to maximize tax benefits.

🍁 Relocations - Many companies relocate employees before the year’s end, bringing a fresh pool of potential buyers.

🍁 Warm and inviting ambiance - Changing leaves, cooling temps, and pumpkin spice everything create a cozy setting for showcasing your home in its best light.

Want to chat more about getting your home listed to sell? Message me, and I'll be in touch!

Home inspections shouldn’t be a one-time box to check when you're ready to sell. 🏡Whether you're a new homeowner or have...
09/26/2023

Home inspections shouldn’t be a one-time box to check when you're ready to sell. 🏡

Whether you're a new homeowner or have been living in your dream home for years, periodic inspections are a smart investment in the long-term health of your property.

For just $200 to $500, depending on your home's size, age, and location, you can stay ahead of potential issues before they escalate — and before you’re trying to make the sale.

I'm curious, how long has it been since your last home inspection?

Comment below, and I'll be happy to share some reputable local inspection companies or answer any questions you may have.

Taking a look at the rest of the 2023 housing market 🔍🏡 Home Prices and Rent Growth - Home price and rent growth will li...
09/21/2023

Taking a look at the rest of the 2023 housing market 🔍

🏡 Home Prices and Rent Growth - Home price and rent growth will likely level off for the remainder of 2023 and into 2024. Rent growth may overtake home price appreciation, with the rental market remaining strong and rental prices expected to increase. The number of renters is also expected to rise as the cost of homeownership increases, particularly in urban areas.

💸 Mortgage Rates and Inventory - Mortgage rates will remain high (above 6%), contributing to the overall high cost of home ownership. Unwilling to give up their sub-4% rates, sellers will likely stay put, causing the housing inventory shortages to persist. Joint real estate purchases will become more common as a way to afford larger properties and qualify for mortgages.

👪 Buyer Trends - Following a recent decline, the percentage of first-time homebuyers entering the market may rise in early 2024. Certain markets with affordable areas will continue to attract younger buyers who are able to relocate due to remote work. Further, many are moving to be closer to family and loved ones, with 17% of recent buyers citing this as their primary motivation.

I'd love for you to join the conversation — comment with your thoughts and questions about real estate in 2023!

Overpriced homes are so last year. Like every trend, though, you can easily find a handful still hanging out on the mark...
09/19/2023

Overpriced homes are so last year. Like every trend, though, you can easily find a handful still hanging out on the market — but only if you know what to look for.

Let me show you how I spot inflated home prices for my buyers so that you can feel great about the house you’re getting and the price you’re paying.

✔️ Get a Comparative Market Analysis (CMA).
A CMA is the best way to determine a house's fair market value. Put together by a knowledgeable agent, it’ll compare recent sales of similar properties nearby to paint a picture of what homes are currently selling for. Keyword here? Currently.

✔️ Check the time on the market.
A property that’s been sitting on the market for a while may indicate an inflated price. Well-priced ones attract interest — and sell — quickly.

✔️ Appraisal vs. listing price.
You’ll be well into the buying process before the appraisal comes back, but it’s critical in confirming a property's value. If the appraisal comes in lower than the listed price, it's a serious red flag.

✔️ It’s what’s on the inside that counts.
Does the home boast a shiny, new kitchen, or is it stuck in the 90s? Interior and exterior upgrades can add or subtract from a home’s value. If things don’t add up, it’s time to ask some questions.

✔️ There’s no crying in pricing (or, at least, there shouldn't be).
Sometimes, sellers get attached to their homes, leading to “emotional pricing” - pricing based on data AND sentimental value. Have compassion, but negotiate with your CMA in hand to avoid paying more than you should.

👋 An experienced agent is your best defense against spending more than you should.

Check out your August Market Stats from the Denver Metro. If you're curious about the market in your neighborhood, shoot...
09/14/2023

Check out your August Market Stats from the Denver Metro. If you're curious about the market in your neighborhood, shoot me a message!

While it may seem like a less-than-opportune time to buy, let’s take a closer look at what’s happening in the market and...
09/12/2023

While it may seem like a less-than-opportune time to buy, let’s take a closer look at what’s happening in the market and why you may want to reconsider waiting for rates to drop... Learn more in our September Newsletter! 👉 8z.com/newsletters 🔗

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8181 Arista Place Suite 521
Broomfield, CO
80021

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