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Blog 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 […]
Blog Simple Tips to Make Your Move Easier Your needs as a homeowner change over time, and you need the right home to fit those needs. Accordingly, it’s highly likely that at some point in your future you will experience another moving day. While moving can be challenging, there are resources to make it easier. If you are remaining in your current area, […]
Blog Do You Need a Realtor to Buy a Home? Buying a home is a major investment, and it comes with a lot of variables. From finding the right neighborhood to determining how much home your budget allows, it is a complicated task. Because of the difficulties involved, many prospective homebuyers decide to work with a full-service realtor. However, if you decide to go on […]
Blog Standing Low The standing inventory of residential properties currently for sale is staggeringly low. The number of active properties for sale is almost 90% below the average for this time of year. In Metro Denver, there are 1,144 residential properties for sale today. In Larimer County, there are 136 and in Weld County there are 174. Current […]
Blog Working with 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 […]
Blog Lumber Back Up The price of lumber has jumped back up again and is adding to the cost of new home construction. Over the past four months, lumber prices have nearly tripled, causing the price of an average new single-family home to increase by more than $18,600. According to Random Lengths, as of the end of December, the […]
Blog You’ve Decided to Sell Your Home—Now What? Deciding to sell your home is one of the biggest steps you can make in your journey as a homeowner. You’ve likely gone through every scenario in your head and are eager to make sure that the next step for yourself and your loved ones is the right one. The shift from homeowner to seller can […]
Blog How to Prepare for a Fire at Home A fire breaking out in your home is a serious potential hazard. Fortunately, there are simple steps you can take to identify the early signs of a fire and to prepare for an emergency. The following list will help you and your household put together your fire safety plan. How to Prepare for a Fire […]
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Blog 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 […]
Blog Construction Openings It’s not just the availability of materials impacting home builders today, it’s also the availability of labor. The market could use more inventory.  Home builders are trying to catch up. You’ve likely read the stories about the cost and availability of materials making an impact on home builders’ ability to keep pace with demand. It […]
Blog 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 […]
Blog 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 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 […]
Blog 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 Slight Increase A review of the September market stats shows a slight increase in inventory along the Front Range. The way we currently measure inventory is in days. Meaning, at the current pace of sales, how many days would it take to sell all of the inventory currently for sale. The results, based on September’s activity, shows […]
Blog Entertain Inside and Out! 135 Beluga Drive, Windsor is a beautiful 2 Story home in Water Valley South! The home is a 5 bedroom, 4 bathroom with an open floor plan. The kitchen boasts granite counters, gas range, double oven and stainless steel appliance perfect for any chef. The living space has vaulted ceilings allowing the light to flood […]
Blog With a “T” One of the reasons we are so confident about the long-term health of the market is because of the equity that exists in peoples’ homes today. Because there is so much equity, there are very few homeowners who are ‘underwater’ with a loan that is more than the actual value of the property. According to […]
Blog One Floor Living, Two Covered Patios, A Million Reasons to Love… 5371 Royal Pine Street, Brighton is a fantastic ranch home in Brighton Crossing awaits! Home boasts a bright and open floor plan. One floor living with 2 bedrooms, 2 bathrooms and a study. Enjoy sitting under one of the two covered patios in the front or the back of home. Backyard is completely fenced for […]
Blog Lower Lumber Lumber prices are becoming more normal again. After soaring this Spring to record levels, they have lowered back to near pre-pandemic levels. The current price for 1000 board feet of lumber is $577.  This is 62% below the price this past May when it reached an all-time high of $1,515. In the years leading up […]
Blog Tracking Change 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 each of our Front Range […]
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