Uncategorized Q1 2022 Colorado Real Estate Market Update by Matthew Gardner The following analysis of select counties of the Colorado real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your […]
Uncategorized Interest-ing The recent increase in mortgage rates has started some home buyers to look at programs that have fixed rates for 7 years or 10 years instead of 30 years. If a buyer believes it is likely they will move or even refinance within this timeframe, these types of programs can be a good option. The […]
Uncategorized Money at a Discount This week, for the first time in 32 months, mortgage rates hit 4%. While this increase may feel painful for buyers currently looking at property, it is important to put today’s rates in perspective. We believe we will look back a few years from now and see that a 4% rate was like buying money […]
Uncategorized Steady Stream Despite the extraordinarily low amount of standing inventory, it is important to understand there is still a steady stream of new inventory hitting the market. Inventory is low. That is a reality. New inventory is coming on the market at essentially the same pace as compared to the last few years. That is also a […]
Uncategorized What is a Listing Agent? What is a Listing Agent? Generally, a real estate transaction involves a listing agent representing the seller and a buyer’s agent representing the buyer. Listing agents will conduct a Comparative Market Analysis (CMA)—which uses recent housing market data to compare the seller’s home to other listings in their area—to accurately price the property. The agent will list the […]
Uncategorized The Fire’s Impact Our heart goes out to all of the people impacted by the Marshall Fire in Boulder County. If you would like to give your support, we have set up a special fund through the Windermere Foundation where we will match any donation you make up to $5000. You can make that donation HERE. This devastating event […]
Uncategorized Equity Snapshot CoreLogic just released their quarterly Home Equity Insights Report. Their analysis shows U.S. homeowners with mortgages (roughly 63% of all properties) have seen their equity increase by a total of over $3.2 trillion since the third quarter of 2020, an increase of 31.1% year over year. In the third quarter of 2021, the total number […]
Uncategorized Price Matters Almost twice as many sellers now have to drop their list price before a sale compared to July. In October, 19% of all sales were forced to drop the list price before receiving an offer.  In July it was 10%. These properties that start out priced too high end up taking four times as long […]
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Uncategorized Record Increase Home builders have experienced their largest-ever increase in building costs so far in 2021. This is according to the latest Producer Price Index report. Year to date, building costs are up 14.5%.  This amount tops the previous record of 7.1% which occurred in 2008. Specific materials which have seen significant increases include lumber, drywall and […]
Lyons Real Estate Relaxed Living + Beautiful Views Tired of yard work, but love to enjoy beautiful outdoor surroundings? You can have the best of both worlds at 322 McConnell Drive in Lyons, Colorado! This low maintenance home is surrounded by beautiful mountain views and backs up to the St Vrain River. Newly Xeriscaped, so you can spend less time working in the […]
Uncategorized Zillow’s Shut Down On Wednesday Zillow announced the shut down of its iBuying program because of mounting financial losses and increasing complexity in the real estate market. The goal of this program was to buy properties directly from Sellers and then re-sell them for a profit. Before looking at the interesting facts and numbers associated with this news, […]
Blog Luxury Living at Willow Creek Estates 1035 Willow Creek Circle, Longmont is a phenomenal home in the highly sought-after neighborhood of Willow Creek Estates. Enjoy relaxing in this bright and open home on just under half an acre with a mature and private yard. Only minutes away from shopping, restaurants, and entertainment. Quality abounds with features like Custom Rutt Cabinets, double […]
Blog Open Floor Plan, Beautiful End Unit! 4130 Monument Drive, Loveland is the perfect main level townhome. This comfortable, end unit, ranch-style townhome is just what you have been searching for. Open floor plan with 2 large bedrooms and a large living area. A one-car attached garage offers additional convenience. Enjoy your evenings in your private fenced-in patio/yard that abuts private open […]
Uncategorized Seller Facts Here are some fun facts about recent home sellers. This research comes from the National Association of Realtors survey of home buyers and sellers: 10 years = the average time recent home sellers have lived in their home. This number has remained essentially unchanged for the last ten years. From 1987 to 2007 the average […]
Uncategorized In Perspective Let’s put today’s home prices in perspective. Appreciation has been significant over the last 18 months. Some people are wondering if it can last and if there might be a housing bubble. There are two ways to look at prices. One way is in absolute terms. This is simply looking at the dollar amount a […]
Uncategorized No Inventory? One misconception about today’s market is that there is ‘no inventory.’ Actually, there are numerous new listings that hit the market each month. It just so happens that they tend to sell quickly. The numbers show the number of new listings that came on the market in September closely equate to the number of sales […]
Blog Spread Out and Entertain AMAZING VIEWS ON WALKOUT LOT! MUST SEE! 1679 Shoreview Parkway, Severance features lovely open floor plan with fantastic light & lots of windows. The kitchen, dining and great room open onto a deck for yearlong outdoor entertaining! The kitchen has a grand center island with granite tops, stainless appliances, gas range. Solid surface flooring on […]
Uncategorized Tracking Change Tracking Change by Fort Collins The market is changing. The change is slight, not drastic. Both potential sellers and potential buyers need to know that the pace of the market has slowed since the Spring. Here is one way we track this change… A review of the August numbers shows the pace of sales in […]
Blog Upgrades + Acreage 319 Audrey Dr, Loveland is a beautifully landscaped 2 Story home on a QUARTER ACRE lot with RV Parking. Upgrades abound with brand new epoxy floors in the heated garage, newer garage door, gutters, roof, newer SS appliances, and water heater. The HVAC system was just recently serviced. The backyard boasts a large shed for […]
Blog Charm + Acreage! 439 42nd St SW, Loveland is a beautiful brick farmhouse built in 1920 has all of it’s original charm and has been updated and maintained thoroughly for you to enjoy for years to come. Sprawl out on nearly an acre of land ready for your animals, including a tac room with heat and electric. This […]