January 2022 Newsletter

Are you wondering what's in store for 2022 in terms of the housing market? Here are 5 predictions from industry experts.1. 2022 will Remain a Seller's Market - A lack of inventory will continue to dominate the real estate market across 2022, which means Buyers will continue to compete for a limited number of available homes. 2. Homes Will Continue to Appreciate - 2021 was an unprecedented year for home price appreciation and experts predict 2022 will be another year of  appreciation increases, though not at 2021 levels. Goldman Sachs predicts a 16% YOY increase in appreciation by the end of 2022.3. Interest Rates Will Increase - With rising inflation, interest rates are predicted to gradually increase across 2022. Many economists predict rates will finish at 3.75% to 4% by the end of 2022.4. Sunbelt Metros Will Shine -  Suburbs and markets that offer good real estate value will continue to attract an outsized share of attention. Metros like Salt Lake City, Boise, Spokane, and Indianapolis are predicted to see the largest home price appreciation growth across 2022.5. Affordability Takes Precedence - A gradual uptick in mortgage rates will make affordability a top consideration for home buyers, especially the 45 million Millennials aged 26 to 35 who are at prime first-time home buyer age. THE FASTEST GROWING STATES

POPULATION CHANGE BY STATE FROM JULY 2020 TO JULY 2021
Source: U.S. Census Bureau

In 2021, the U.S. saw the lowest population growth in decades. Yet for those of you that feel as though Colorado continues to get more and more crowded, you aren't wrong. The Intermountain West has become one of the fastest growing regions in the country.

In 2021, the four fastest growing states were all in the West, according to U.S. Census data.

Idaho was the fastest-growing state with 2.9% growth from 2020 to 2021. Utah and Montana tied for second at 1.7%, followed by Arizona, at 1.4%.

People are moving from larger, more crowded states such as California and New York (#1 and #2 outbound states) to destinations with fewer folks, a lower cost of living, and potentially a better qualify of life.

Colorado added almost a million new residents — 774,518 —  between 2010 and 2020, growing the state’s population by 14.8% to 5.8 million residents.

MARSHALL FIRE RELIEF

Our hearts are heavy in the wake of the Marshall Fire in Boulder County last week. As real estate professionals, we are happy to offer our time, tradespeople, and market knowledge to help anyone displaced by the fires.  If you or anyone you know needs help, please have them call or text Tim (720)937-6651 or Laura (720)891-0882.Donations to help those that lost it all can be made here. THANK YOU FROM FIVEFOUR

It was another amazing year. Thank you to all of our family, friends, clients, and business partners who helped to make it happen! We are truly grateful for you.

RECIPE OF THE MONTHEASY COCONUT CHICKPEA CURRY

This easy chickpea curry is both vegetarian and vegan. You can add more hearty vegetables OR a protein. It's easy to make and delicious - the pickiest eaters will eat this curry!  Enjoy! INGREDIENTS:

• 1 Tbsp olive oil
• 1 large red onion, thinly sliced
• 1 Tbsp minced garlic
• 1 tsp minced ginger
• 1 Tbsp garam masala
• 1/4 tsp ground turmeric
• 1/4 tsp ground pepper
• 1/4 tsp salt
• 1.5 C diced tomatoes (equal to 1 14-oz can)
• 1.5 C full fat coconut milk (equal to 1 14-oz can)
• 1.75 C cooked chickpeas (equal to 1 16-oz can, drained)
• 2 Tbsp freshly squeezed lime juice (1 lime)
• 2 Tbsp chopped cilantro for garnish

DIRECTIONS:

1. In a large pan, heat the olive oil over medium-high heat. Add the red onion with a pinch of salt. Cook, stirring frequently, until the onion has softened and is starting to brown. If you're adding additional vegetables like potatoes, sweet potatoes, or cauliflower, makes sure they are chopped into bite-sized pieces and add them now to start to saute and soften them.
2. Reduce the heat to medium. Add the garlic and ginger, stir and cook for 60 seconds or until fragrant. Stir in the garam masala, turmeric, black pepper, cayenne pepper, and salt. Cook for 30 seconds more to toast the spices.
3. Add the tomatoes to the pan and stir well. Continue to cook, stirring, occasionally for about 3-5 minutes or until the tomatoes are starting to break down and dry up a bit. Stir in the coconut milk and chickpeas. Bring the mixture to a boil, then reduce the heat to medium low.
4. Simmer the coconut chickpea curry for about 10 minutes or until reduced slightly. Stir in the fresh lime juice. Season to taste with additional salt. Serve hot, over rice or other accompaniments of choice. Garnish with cilantro or coriander.

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FiveFour Real Estate is the one-stop shop for those who are ready to take their home or investment to the next level. Our name FiveFour derives from 5.4%: the average annual home appreciation rate in the US over the last 50 years. We know that your real estate investment is one of the largest and most important purchases of your life. With that in mind, our focus and strategy revolves around you. We hold our licenses at the brokerage Five Four Real Estate.  If you buy a home and put 20% down, you are leveraging your money 5X. A 5.4% increase in your home's value means a 27% ROI.

Thinking of Buying or Selling?  Know someone who is?We are NEVER too busy for your referrals!

OUR PROMISE TO OUR CLIENTS

This could be one of the largest and most important financial decisions you will make in your lifetime, and you deserve an experienced partner that understands the intricacies of Colorado real estate.

We promise to always keep you informed about the rapidly changing market and educate you throughout the entire process. We promise to protect your best interests and treat your home or investment like it’s one of our own. We promise to work our hardest to find the perfect home for you and your family with as little stress as possible.  

We value your trust and hope to continue supporting you in your lifetime even after your sale or purchase is complete. This goes beyond real estate to us, it’s the beginning of a lifelong friendship.

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