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Blog More Homes Needed The market is in short supply. More homes are needed to fulfill the need to buyer demand. Compared to exactly one year ago, the supply of homes is down: 32.6% in Metro Denver 25.1% in Northern Colorado An interesting and useful measurement we track is months of inventory.  This stat tells how long it would […]
Blog Caught Up We’ve been waiting for June to catch up.  It finally happened (almost). Back in April, real estate activity was significantly limited and the showing of property was restricted which caused the number of closed properties in May and early June to be much lower than last year. Bottom line, fewer properties going under contract in […]
Blog Is the Condominium Lifestyle Right for You?   Condominium homes are a great, low-maintenance choice for a primary residence, second home, or investment property. This alternative to the traditional single-family home has unique issues to consider before buying, as well as unique benefits. Increasingly, condos are not just for first-time homebuyers looking for a less expensive entry into the housing market. Empty-nesters […]
Blog All Time High Home Builder’s confidence in Baby Boomer buyers is at an all time high. The National Association of Home Builders (NAHB) surveys their members each quarter to discover what they expect of future sales. The builders base a large part of their answer on how many people are visiting their sales centers and model homes versus the […]
Blog Four Holiday Décor Trends to Inspire You This Season The holiday season is here and for many of us, that means it’s time to deck the halls. If you’re looking for some inspiration and a place to start, here are some ideas that are certain to get everyone in the spirit.  A Tree of a Different Color For many, there’s nothing more quintessential during […]
Blog Matthew Gardner’s 2020 Real Estate Forecast It’s that time of year when Windermere’s Chief Economist Matthew Gardner dusts off his crystal ball and peers into the future to give us his predictions for the 2020 economy and housing market.
Blog County by County Metrostudy, who in our opinion is the leader in new home research, recently did a study on the average price of a new home in each of the Front Range Counties. Here are some interesting takeaways…   If you want to find the least expensive new home on the Front Range, the places to look […]
Blog 10 Tips to Minimize Stress When Selling Your Home When I was growing up, my family must have moved a dozen times. After the first few moves, we had it down to a science: timed out, scheduled, down to the last box. Despite our best efforts, plans would change, move-out and move-in days would shift, and the experience would stress the entire family out. […]
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Blog 5 Deal Breakers That Can Blindside Home Buyers Purchasing a home can be a complex endeavor for even the most well-prepared home buyer.  You’ve diligently saved for your down payment, followed the market, researched agents and now you are ready to make an offer on your dream home.  Don’t let these 5 “Deal Breakers” come between you and your new home.   Big […]
Blog A Gold Thanksgiving   We’re in the thick of autumn now, with Thanksgiving just days away. That means it’s time to start considering how to best showcase your home before the guests arrive. One of the cheeriest bits of fall is the shifting colors that bring a canopy of rustic hues to a walk through the neighborhood. You […]
Blog Job News There is an abundance of great news when it comes to employment in Colorado. The unemployment rate is incredibly low at 2.7% which is almost a full percentage point lower than the U.S. average. According to the Bureau of Labor Statistics, Metro Denver added 28,300 jobs over the last year which ranks 15th out of […]
Blog Our Favorite Real Estate Podcasts   Podcasts are a growing medium as listeners search for new sources of entertainment and information. In 2018 there were about 550,000 podcasts, in 2019 there are more than 750,000. Listeners are growing too, an estimated 20 million more people in the U.S. are listening to podcasts this year as compared to2018. This growth in audio entertainment inspired […]
Blog Your Beginner’s Guide to Home Appraisals Appraisals are used as a reliable, independent valuation of a tract of land and the structure on it, whether it’s a house or a skyscraper. Designed to protect buyers, sellers, and lending institutions, appraisals are an important part of the buying/selling process. Below, you will find information about the appraisal process, what goes into them, […]
Blog How to Cover Unexpected Costs with a Personal Loan Owning a home comes with its rewards — it’s an investment, a cozy haven to kick-up your feet after a long day of work, and a welcoming place to bring family and friends together. Although all of this makes homeownership fulfilling, owning a home also opens the door for unexpected (but necessary) expenses. If you’ve […]
Blog Time for New   Here is a fact… If you have ever thought about owning a new home, the last two months of the year are usually the best time to make that happen. Here’s why… Many builders have year-end goals and sales quotas to hit.  If they have a “standing inventory” of homes that are completed but […]
Blog You’ve Moved into Your New Home. Now What? Congratulations on your new home! You made it through the arduous process that is buying a new home. Now it’s time to take on the task of moving in. You did your research about the neighborhood and you feel like you know the home like the back of your hand. However, there are some things […]
Blog Most Active   What is the most active price range in Northern Colorado?  Take a guess… $300,000 to $400,000 $400,000 to $500,000 $500,000 to $750,000 $750,000 and above By far, the most active price range is $300,000 to $400,000 with 60% more closed transactions than the $400,000 to $500,000 range and 400% more than homes priced $750,000 and […]
Blog Equity Insights The real estate research firm Core Logic just produced their latest Homeowner Equity Insights report.   Some interesting tidbits: ·         63% of all properties nationally have a mortgage ·         Homeowners with mortgages collectively realized a $428 billion rise in equity over last year, an increase of 4.8% ·         Only 3.8% of all mortgaged properties have negative equity (where […]
Blog Big Bounce Seventy-five major metro markets have seen home prices bounce back to above their pre-recession peaks. Metro Denver has seen the biggest bounce with home values 91% above its previous high in 2007 , according to the Home Price Recovery Index from HSH.com. “Aside from routinely strong home price appreciation, it’s important to know that the Denver […]
Blog Net Worth It’s no surprise that for just about every homeowner, their real estate represents the largest portion of their net worth. Check out these numbers from the Federal Reserve’s Survey of Consumer Finances: Median Net Worth in the U.S. = $97,300 Median Net Worth of a Renter = $5,200 Median Net Worth of a Homeowner = $231,400
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