#1 Properties May-June 2021 Newsletter

MAY - JUNE 2021

there’s only one #1

#RV there yet?

#Inventory

insanity

WE’RE HERE TO HELP YOU NAVIGATE THE UNIQUE CIRCUMSTANCES OF EVERY SALE We’re so excited to announce that #1 Properties and The Volk Team are helping to bring Camping World to Cheyenne! Camping World, the nation’s largest network of RV and outdoor lifestyle-centric locations, currently owns and operates over 170 SuperCenters nationwide and a comprehensive e-commerce platform, specializing in RV sales and service, RV parts and accessories, outdoor lifestyle products and its entire portfolio of Good Sam products and services.

“We are excited to open our first location in the State of Wyoming as we propel toward our goal of a national recreational dealer platform in all 48 contiguous states,” said Marcus Lemonis, CEO and Chairman of Camping World Holdings. “Each

#Grillout&chillout must-haves

FOR THE GREAT OUTDOORS Solar Charger You’ll have a reliable power source to charge phones, cameras, headlamps, etc. For camping trips lasting several days, this clever gadget could be a lifesaver.

Inflatable Solar Lanterns Completely powered by the sun, these lanterns are inflatable and can be packed down to easily fit in your backpack.

Instant Cabin Tent Cabin tents

location we open across the U.S. represents significant economic impact for the communities and convenient customer service and products for the 5.3 million active customers we serve. We are looking forward to developing this land and making Cheyenne our new home.”

The Cheyenne location will include a wide range of new and used RVs from top manufacturers in addition to a full assortment of RV and outdoor products and accessories and the entire portfolio of Good Sam products and services.

This location will be the retailer’s first facility in the state of Wyoming, with an anticipated opening in late 2021/ early 2022. Check our their website at rv.ganderoutdoors.com

come with their poles pre-attached.

This means you can unpack and assemble them within a matter of minutes.

Portable Waterproof Bluetooth Speaker If you want to take your music out on activities with you, this compact speaker won’t take up much room.

GPS Smart Tracker Making sure your dog is safe while camping is a top priority. Attaching a GPS tracker to their collar will allow you to use your phone to find them if you get separated.

First Aid Flashlight This ultrapackable kit is actually an LED flashlight with everything you could need in case of emergency, including painkillers, nitrile gloves, antiseptic wipes, compass, and more.

Personal Water Filter Drink directly from lakes, rivers, and streams with an ultralight “straw” filter that makes water safe to drink by protecting against bacteria, parasites, and microplastics.

You’ve heard the buzz: housing inventory is tight in every price range across the entire nation, and our sweet town is no exception. As an illustration, at printing, there are under 90 listed residential properties in all of Laramie County. Homes are actually being listed for sale in greater numbers than last year, although they’re selling at warp speed. Total housing sales across Laramie County have increased for a new year-to-date record.

Saying the market is strong may be an understatement. We have not seen this pace in decades; the strength of this market is drawn on multiple factors. Of course the shift to a work-from-home environment has provided fuel and freedom to live where you want to. The largest factors are certainly historically low interest rates, pent-up demand both from an unprecedented wait-and-see climate from 2020 and a more outdoor-centric population looking for a place to call home away from the hustle, to the flood of investors into the market.

Coupled with the building shortfall of the last decade, the nation is seriously under built. Now the labor and materials shortages add to builder challenges; all make for a catching-up scenario that cannot meet the demand. Word is a typical lumber package for a new home has tripled over the last 12 months. Higher material prices are now translating into higher costs to build. The NAHB estimated that this trend has added more than $24,000 to the cost of a newly built single-family home.

On top of all of that, enter the Millennials. The largest generation since the baby boomers are now hitting home buying age and the trend is peaking. The takeaway is that the current housing shortage has been brewing for a long time.

Homeownership is key to happiness.

Searching, bidding, inspecting, bidding, pricing, showing, bidding, closing...whether you’re a buyer or seller, there are many steps and strategies to a successful home transaction. When the list price is viewed as a ‘starting point’ on where to land on an offer price, waived contingencies and larger cash deposits can make or break an offer. It’s a maze that requires a lot of patience and ingenuity. We’re here to help you navigate the unique circumstances of every sale.

#TheBirds&thebees

Native Gardens

SAVE THE BIRDS, SAVE THE ENVIRONMENT Want to create a bird-and bee-friendly garden with native plants or improve your existing one? Take a peek at these steps to get started. (Scan the QR code with your smartphone’s camera to open with the browser of your choice, or type in the web addresses for more info!)

that are adapted to your local climate, you’ll minimize or eliminate the need for water, fertilizers, and pesticides.

Benefits of Native Plants

You now know which plants are native to your area; the next step is to figure out how to plant them in a way that maximizes their vitality and benefit to wildlife.

Native plants provide food and shelter for local birds and wildlife. They require less water and fewer chemicals to maintain, which makes them better for the environment. And of course, they’re beautiful!

Benefits: https://www.audubon.org/ node/64191?site=rockies&nid=6136

How to Find Them You can find plants that are native to your zip code using Audubon’s Native Plants Database. By selecting plants

#recipecorner

campfire

CINNAMON ROLL-UPS

https://www.almostsupermom.com/campfirecinnamon-roll-ups/

#OURcommitment

We’re committed to creating great experiences for you in every aspect of our service.

We have a commitment to Giving Back. One of our greatest joys is

Native Plants: https://www.audubon.org/native-plants

Design Your Bird-Friendly Garden

#localevents 15

CHEYENNE SMALL BUSINESS MARKET Free. At the Shrine Club - 224 E. Iowa Street, 9AM-3PM.

22

20 HANDS HIGH Live at the Outlaw Saloon, 132 S. Greeley Hwy. 6PM.

22

STEELY DEAD A musical hybrid of the Grateful Dead and Steely Dan, live at The Lincoln Cheyenne. thelincolncheyenne.com. 8PM-10PM.

Now What: https://www.audubon.org/ node/64386?site=rockies&nid=6136

Expand Your Impact Once you have a passion for birdfriendly gardening, you can expand your impact by sharing it with others.

Birds and other wildlife need us to make a cultural shift in the way we treat our lawns and gardens.

With three easy-to-pack ingredients, these Campfire Cinnamon Roll-ups only take about five minutes to cook over an open flame. Serve with campfire scrambled eggs or on their own, for a delicious (if not nutritious) fresh-air breakfast!

INGREDIENTS: 1 package crescent rolls 1/4 cup sugar 1 tbsp cinnamon INSTRUCTIONS: 1. Combine cinnamon and sugar in small bowl 2. Separate crescent rolls and wrap them around the skewer 3. Roll it in the cinnamon sugar mixture 4. Cook over campfire for 5 minutes, rotating frequently 5. Optional - Mix 1/4 cup powdered sugar and 2-3 tbsp water together to make a glaze and drizzle over cooked roll-up watching our community thrive and giving back in more ways than we can count. Since our founding in 1984 it’s been an honor to provide our community with support from the efforts of individual agents & our big-hearted staff as well as providing financial outreach and philanthropy to numerous deserving organizations.

may

4-25

june

FRIDAYS ON THE PLAZA Depot Plaza. Chairs provided, vendors sell food, soft drinks, and beer. No pets.

5:30PM-9:30PM.

12

BURNS DAY Town of Burns, WY. A whole day of activities and fun for the whole family starting with a pancake breakfast, followed by a 5K run, parade, car show, craft/vendor show, horseshoe tournament, cornhole tournament, 3-on-3 basketball tournament, and one-pitch softball tournament.

7AM-11PM

12

RAIDERS OF THE LOST ARK IN CONCERT! Cheyenne Symphony Orchestra, at the Cheyenne Civic Center. 7:30PM

15

CHEYENNE TUESDAY FARMERS MARKET Frontier Mall, just south of JC Penney’s. 3PM - 6PM every Tuesday through Oct 5.

18-19

25TH ANNUAL WYOMING BREWERS FESTIVAL Depot Plaza. Two days of great fun, good beer, and tasty food! More than 75 brews.

A fundraising event to help preserve the historic Union Pacific Depot.

26

SUPER DAY Lions Park, Arts & Crafts show, rides, entertainment, 10K/5K run/walk, judo & volleyball tournaments, Special Friends Duck Derby. 10AM-4PM.

307.634.2222 6106 YELLOWSTONE RD CHEYENNE, WY 82009

#areyouready?

Earthquakes, wildfires, floods, tornadoes, blizzards, and storms – we’ve experienced them all to some degree here in Wyoming. Follow these steps to ensure you have a foolproof plan in place.

MARKET SNAPSHOT

CHEYENNE AND SURROUNDING LARAMIE COUNTY RESIDENTIAL PROPERTIES JAN 1, 2020-APR 30, 2020 | JAN 1, 2021 - APR 30, 2021

PACK A “GO BAG” If you have to leave home in a hurry, you’ll want to have some essentials packed and ready to go: food and water, flashlights and radio, extra batteries, first aid kit, manual can

opener, regional maps, cell phone with chargers or solar charger. Consider your family’s individual needs (and don’t forget your pets!) when putting your go bag together.

MAKE AN ACTION PLAN When things get chaotic, you want to make sure that every family member knows what to do. Designate a meeting place and make sure each family member knows how to get there. It also pays to have important contacts written down if the power goes out and there’s nowhere to charge your cell phone.

RESIDENTIAL M A R K E T D ATA JAN 1-APR 30 YEAR OVER YEAR

PREP YOUR HOME If the power goes out and you have time, unplug appliances and electronics and turn off the AC – whether you stay or go. If water lines could be affected, fill your tub and turn off the waterline.

PREP YOUR PANTRY If you’ll be inside for a while, weather the storm with high-protein, plantbased, shelf-stable items.

Store everything properly, re-visit each year to clear out expired items, and you’ll be disaster-ready!

It’s a remarkable market!

2020

2021

1/1 - 4/30

1/1 - 4/30

MEDIAN SALES PRICE $275,000

$308,000

14% 12%

CLOSED RESIDENTIAL 583

639

10%

$213 MIL

25%

AVERAGE SALES PRICE $293,718

CLOSED BY DOLLAR VOLUME $171 MILLION

$333,672

AVERAGE DAYS ON MARKET 35

25

MEDIAN DAYS ON MARKET 12

6

On average, homes spent 28% less time on the market in the first 4 months of 2021!

Based on information from Cheyenne MLS for the period of 01/01/2020 through 04/30/2020 and 01/01/2021 through 04/30/2021. Not all properties were listed and/or sold by #1 Properties.

This representation is based in whole or in part on content supplied by Cheyenne MLS. Cheyenne MLS does not guarantee, nor is it in any way responsible for its accuracy. Content maintained by Cheyenne MLS may not reflect all real estate activity in the market. All information deemed reliable but not guaranteed, and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor #1 Properties shall be responsible for any typographical errors, misinformation, misprints, etc, and shall be held harmless.

c heyenneho me s . co m

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