November 2022 Newsletter

If you're receiving this email; it's not by mistake. It means you're a friend, our family, a great client, someone who has referred someone to us, or a colleague or contractor we work with that we trust and respect. Since it's the Holiday season, we just wanted to reach out with our most sincere THANK YOU for all your continued referrals and support!We love real estate stuff because we have seen just how powerful it is. Clients buying houses with little or no money down. Clients retiring early off of rental homes. And many, many more who have seen their home appreciate 10%+ year after year.We are so grateful to have a network of such good people surrounding us, helping us, and supporting our small business. So again, THANK YOU!

DENVER HOME PRICES INCREASED $94/DAY FOR A DECADE

Boulder ranked 7th in the country for its average daily home price gain of $107 between 2011 and 2021. Denver ranked 10th out of 187 metros with a daily gain of $94.

Coloradans with the good fortune to have owned a home in 2011, and with the foresight to have held onto it, reaped some of the biggest home value gains in the country outside of California, according to a study from Point2Homes.com, a real estate portal.

Point2Homes studied home price gains across 187 metros between 2011 and 2021, converting that increase into an average daily gain for each metro. Two Colorado metros — Boulder and Denver — made the top 10 for daily gains, while Fort Collins and Colorado Springs were leaders in the total increase in mid-sized metros.

Boulder ranked seventh overall in the country with home equity gains averaging $107 a day and it ranked second among mid-sized metros after Naples, Fla., where prices rose on average $117 a day. Boulder home prices rose from $353,100 to $782,700, a 121% gain in 10 years, based on home price numbers from the National Association of Realtors.

Metro Denver ranked 10th among the 187 metros, with an average daily gain in home prices of $94 a daily and a price increase from $231,400 to $607,100, representing a gain of 162.4%. The study didn’t cover the first half of 2022 when prices soared even faster.

Home prices in Denver Metro increased 2.2% from August to September 2022, putting the average sale price at $671,024.00.

RECIPE OF THE MONTH: GINGERSNAP COOKIES & PUMPKIN DIP

This is the perfect fall treat. It's easy enough to make and is sure to be a crowd-pleaser. Take to your next gathering and watch it disappear.INGREDIENTS FOR COOKIES:

• ⅓ cup cinnamon sugar
• 2 cups sifted all-purpose flour
• 1 tablespoon ground ginger
• 2 teaspoons baking soda
• 1 teaspoon ground cinnamon
• ½ teaspoon salt
• ¾ cup shortening
• 1 cup white sugar
• 1 large egg
• ¼ cup dark molasses

DIRECTIONS FOR COOKIES:

1. Preheat the oven to 350 degrees F (175 degrees C). Place cinnamon sugar in a bowl; set aside.
2. Sift flour, ginger, baking soda, cinnamon, and salt into a mixing bowl. Stir the mixture until blended, then sift a second time into another bowl.
3. Beat shortening in a large bowl with an electric mixer until creamy. Gradually beat in white sugar. Add egg and molasses and beat until light and fluffy.
4. Sift 1/3 of the flour mixture into the shortening mixture; stir to thoroughly blend. Sift in the remaining flour mixture and mix together until a soft dough forms.
5. Pinch off small amounts of dough and roll them with your hands into 1-inch-diameter balls. Place balls in cinnamon sugar and roll to coat, then place 2-inches apart on ungreased baking sheets.
6. Bake in the preheated oven until tops are rounded and slightly cracked, about 10 minutes, switching racks halfway through. Cool cookies on a wire rack.

INGREDIENTS FOR PUMPKIN DIP:

• 1 can pumpkin puree (15 oz)
• 8 oz cream cheese
• 2 tsp cinnamon
• 1 tsp pumpkin pie spice (or extra cinnamon)
• 1 1/2 tsp pure vanilla extract
• 1/2 cup powdered sugar

DIRECTIONS FOR PUMPKIN DIP:

1. If you're using cream cheese, let it come to room temperature. Blend all ingredients until completely smooth. A food processor yields the smoothest results by far, but you can technically stir by hand with a lot of strength and patience if you don't have a blender or food processor. The dip can be left out for hours while consuming (such as at a party) but leftovers should be refrigerated for freshness.

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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!

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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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