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Blog Party Like It’s 2018! Just a few months ago most people thought mortgage rates were heading to 5% and now they are back to where they were a year ago. You probably saw this week’s news from the Federal Reserve declaring that they would not raise their Federal Funds rate for the rest of 2019 (just three months after […]
Blog Are You Better Off Paying Your Mortgage Earlier or Investing Your Money? Photo Credit: Rawpixel via Unsplash Few topics cause more division among economists than the age-old debate of whether you’re better off paying off your mortgage earlier, or investing that money instead. And there’s a good reason why that debate continues; both sides make compelling arguments. For many people, their mortgage is the largest expense they […]
Blog The Reality of Home Improvement: HGTV installment On any given weekend in my house, at least a couple of hours will be spent watching the designers, craftspeople and entertainers on HGTV or its spunky sister station, the DIY Network.  The premise of these home-centered television networks is that somewhere, sandwiched between long commercial breaks for paint, faucets, flooring warehouses and something called “Slab Jacking”, you’ll […]
Blog Condo Cyclone While the “Bomb Cyclone” closed roads and schools over the last two days, the “Condo Cyclone” is opening new opportunities for first-time buyers. What’s the “Condo Cyclone” you ask. It’s the proliferation of multi-family inventory that has come on the market up and down the Front Range. Compared to last year, multi-family inventory which includes […]
Blog Considering becoming a landlord? How to evaluate whether to rent or sell your property Over the last few years, we have seen an increase in homeowners choosing to become landlords rather than placing their homes on the market.  In deciding whether or not becoming a Landlord is right for you, there are a number of factors to consider, but primarily they fall into the following three categories:  Financial Analysis, […]
Blog The Office As you travel around the Front Range you will notice the following under construction: New Homes New Apartments New Medical Facilities However, you will not notice new office buildings under construction. What gives?  I thought we had a booming economy.  Why no new office buildings? There are a couple of reasons.  First, construction costs have […]
Blog OUR FORECAST This past Wednesday and Thursday evenings we had the pleasure of hosting our annual Market Forecast events in Denver and Fort Collins. Thank you to the 700 people who attended both events. We appreciate your support! In case you missed the events, here are some highlights including our forecast for price appreciation in 2019: • […]
Blog The Cost of Waiting It’s true, certain parts of our market are cooling off. We are seeing fewer multiple offers, fewer bidding wars, and fewer inspection concessions. However, homes that are priced right and in great condition are selling, and in many cases, selling quickly. As buyers feel the market cool a bit, it may cause them to want […]
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Blog Top 5 Greeley is the 5th-ranked city in the whole country for one year appreciation. This is according to the Federal Housing Finance Authority’s most recent quarterly report. They track close to 300 markets all over the U.S. For the first time in a long time, the Fort Collins/Loveland market did not make the top 20 list- […]
Blog Relief On The Way! There is good news and bad news.  The good news is I-25 traffic relief is on the way. The bad news is we will have to live through three summers of construction before it’s done.  Did you know the 26 miles between Highway 14 in Fort Collins and Highway 66 in Longmont Interstate 25 serves […]
Blog 66% Off This just in… For the month of April, the average price of a home in the city of Boulder was $1,247,000. This is according to the latest from our IRES MLS system.  If you want to own a home about an hour down the road in another really nice college town and get a 66% […]
Blog April Showers The April results are in for Larimer and Weld County… Larimer County had 547 residential sales for the month, 11% fewer than a year ago. Weld County was up 13% compared to last year with 493 sales. Why is Larimer down and Weld up? It’s mostly driven by affordability – there tend to be more […]
Blog Under $300,000 If a real estate buyer walks into one of our offices in Northern Colorado and tells us they are looking for a single-family home under $300,000, unfortunately there will not be many properties to choose from. Depending on where they are looking the choices may be very limited. Here is a list of the number […]
Blog Foreclosed Remember when the hot topics in real estate were short sales and foreclosures? Not today! As an additional indicator of the health of our market, foreclosure activity is significantly lower than it was 7 to 8 years ago. Today in Colorado only 1 in 3920 homes is in foreclosure. This is much lower than the […]
Blog Colorado Real Estate Market Update This analysis of the Metro Denver and Northern Colorado real estate markets 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 us. ECONOMIC OVERVIEW Colorado added […]
Blog Bubbly? Because our Northern Colorado market has been so active over the last four years, clients often ask us if we think there is a housing bubble forming. There are several key statistics which we track closely in order to answer that question. Here is one fact that we find to be insightful… One of the […]
Blog Our Forecast Last night was our annual Market Forecast event. Thank you to the 400 clients and friends who joined us at the Marriott. Here are our predictions for where prices are going in 2018: Fort Collins 8% Loveland 7% Greeley 9% Last year’s average price increases looked like this: Fort Collins 7% Loveland 8% Greeley 11% […]
Blog What’s Up?? First things first, this is your last call to register for our Annual Forecast. If you want clarity on what is happening in the market, this is the event to attend. We will be live at 5:30 Thursday the 18th at the Marriott. RSVP to www.windermereforecast.com Now, what’s going up? According to our Cheif Economist […]
Blog What It Means The new tax bill is expected to be signed by the end of the year. Here is a summary of what it means for your real estate… (By the way, be sure to RSVP for our Market Forecast on January 18th so you can hear our predictions for next year. Click HERE to register) The new tax bill: Retains […]
Blog Get Real A story ran this week which highlighted the number of people who have moved out of Colorado. Let’s get real, there are still a large number of people moving to Colorado. In fact, 223,000 moved to Colorado from another state last year according to the latest American Community Survey from the U.S. Census Bureau. The […]