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Blog Have We Reached a Balanced Market? Windermere Principal Economist Jeff Tucker analyzes the National Association of REALTORS’ September U.S. home sales report, what the findings say about the current housing market, and why mortgage rates have been rising in recent weeks.
Uncategorized Best Places to Live U.S. News & World Report just released their ‘Best Places to Live’ rankings and two Colorado cities made the top 10 list. They rank the 150 most populated metropolitan areas on criteria such as employment, quality of life, and strength of the housing market. Here are the top 10: Naples, FL Boise, ID Colorado Springs, […]
Blog Transitioning into Fall As we transition from September to October, the real estate market is showing signs of stability and balance. Inventory levels are beginning to flatten out, providing buyers with more options to choose from. Sellers are becoming more flexible, willing to negotiate, make repairs, and offer concessions to close deals. Active Listings: The number of active […]
Fort Collins Real Estate Tranquil Retreat Nestled on a serene .68-acre lot, 2233 Ridgecrest Road, offers the ease of one-level living in a beautifully designed ranch-style home. This tranquil retreat features lush gardens, a small greenhouse for gardening enthusiasts, and thoughtfully designed outdoor living spaces. Imagine mornings on the newly laid paver patio listening to the sounds of a flowing fountain, […]
Blog Does the Federal Reserve affect Mortgage Rates? The federal funds rate and mortgage rates are both types of interest rates, but they operate differently. The Fed directly controls the federal funds rate, which primarily influences short-term interest rates, while mortgage rates are determined by lenders based on long-term bond yields and various economic factors like inflation and market demand. This means that […]
Blog The 1651 Day Wait is Over It’s been 1651 days since the Federal Reserve last cut rates. During this era of rising rates, we’ve seen: Mortgage rates peak at nearly 8% in October 2023 Existing home sales plummet to 1995 levels Home affordability hit a 40-year low So when we got the news this week that the Fed was cutting interest […]
Blog It’s All About the FED You may have heard that the Federal Reserve Board (FED) is meeting next week – so what does that mean? Think of the Fed lowering interest rates like a store putting items on sale. When prices drop, people are more likely to buy things. Similarly, when the Fed reduces interest rates, borrowing money becomes less […]
Blog Reasons for Celebrating Labor Day We celebrate Labor Day, the federal holiday that occurs on the first Monday in September, to honor the contributions of American workers and the labor movement, which played a crucial role in securing fair working conditions, better wages, and reasonable hours for employees across various industries. The holiday recognizes the importance of the labor force […]
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Ault Real Estate Modern Comfort With a Touch of Charm Imagine coming home to this beautiful 2 story home in Ault, where every detail feels just right. 625 Apex Trail is only 2 years old & has all the modern comforts with a touch of warmth and charm. Picture yourself unwinding in front of the cozy gas fireplace, the perfect spot to relax after a […]
Blog 25 Years of Wacky + Weird That’s how New Belgium Brewing Company describes its annual Tour de Fat. This massive costumed bike parade is happening on Saturday, August 24th. Always a lively, fun atmosphere, thousands of cyclists take to the streets in a mix of bikes and costumes. There is also a spirit of giving tied to the event- this is […]
Blog What’s With All The Traffic? Noticed the roads getting busier lately? Blame it on the back-to-school season! As students of all ages return to classrooms, traffic patterns take a hit, and here’s why: 1. School Drop-Offs: Parents and buses are flooding the streets during peak hours, causing bottlenecks around schools. 2. More Pedestrians: With students walking or biking to school, drivers need […]
Red Feather Lakes Real Estate Solid Mountain Cabin With Great Views Have you been searching for a solid mountain home on the sunny side of Black Mountain? 762 Okmulgee Circle is it! Well positioned between and protected by ancient massive rock formations, Moss Rock House is one of the original developed properties in beautiful Crystal Lakes, only a one hour scenic drive NW of Fort Collins. […]
Blog 15-Year Mortgages Interest rates have leveled off at around 7% over the last couple of months. Interestingly, the 15-year mortgage is a more reasonable 6.375% right now. If you are looking for a lower rate and are willing to pay a higher monthly payment, this may be a good option. The other benefit of a 15-year mortgage […]
Blog Fourth of July Slowdown Showings during the week of the 4th is one of the slowest periods of the year. This data comes from home builders that track the number of potential Buyers that visit the model homes. This same trend is shown in showing data for resale homes. This trend usually only lasts for the week, though, and […]
Blog Ninety Eight Percent Properties in Northern Colorado sell for 98% of their list price on average. This single statistic communicates two interesting facts about the market. First, this is not a market full of desperate sellers who are willing to accept low ball offers. Second, properties that are priced right are the ones that are selling. So, if […]
Blog Mid-Month Check In Here is a look at the Northern Colorado market halfway through June compared to the same time last year. Inventory is climbing at a healthy rate in both Larimer and Weld County giving more options for buyers. Larimer County inventory is up 18% and Weld’s is up 13%. Meanwhile, sales are down slightly which is […]
Blog Not Deliquent As a sign of the overall health of the U.S. real estate market, single-family mortgages that are ‘seriously delinquent’ only represent 0.51% of all single-family mortgages. This percentage is lower than last month and lower than last year. A mortgage is considered ‘seriously delinquent’ if it is more than 90 days past due. To put […]
Blog Been a Long Time Highlighting that inventory has been very low for a very long time is the fact that the number of homes available in Northern Colorado today most closely resembles 2015. It has been almost 10 years since buyers have had the selection that they have now. Even though inventory is up over last year, and way […]
Fort Collins Real Estate Modern Updates + Timeless Charm 4431 Viewpoint Court is an exquisite 2 story home nestled in one of Fort Collins’ most desired neighborhoods. This stunning 5-bedroom, 4-bathroom residence boasts fresh interior paint throughout and newer exterior paint, creating a bright and inviting atmosphere. The main floor features vaulted ceilings and two spacious living rooms, one of which includes a cozy […]
Blog Midway Check We are halfway through May. This is how the numbers stack up versus the exact time last year. Larimer County: Inventory up 26% Closings down 4% Average Prices up 13% Weld County: Inventory up 18% Closings up 6% Average Prices down 5%
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