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Blog Short vs Long There are short-term questions about real estate and there are long term questions about real estate. Clients often have short-term questions like… How much will prices go up next year? Should I sell my house this Fall or next Spring? Will interest rates go up next week? We encourage our clients to evaluate those questions […]
Blog Inventory is UP! For the past few years the hot topic in Northern Colorado real estate is inventory, or more specifically, lack of inventory. Based on our current research, it looks like this trend is reversing. Let’s look at the increase in inventory in our major markets versus a year ago… Fort Collins up 28% Loveland up 4% Windsor up […]
Blog Price Per Square Foot At some point this weekend it’s likely you will make a stop at the local grocery store. When you are there you might pick up some produce. That produce, as you know, is priced by the pound. Homes, aren’t priced by the pound of course. But they are priced by the foot. An interesting way […]
Blog Memory Lane Today we will take a fun trip down memory lane. Did you know that it was the fall of 1981 when mortgage interest rates hit their all time peak? Yes it was this time 36 years ago when 30-year mortgage rates hit 18.39% Yikes! It’s important to note that in those days, not many home […]
Blog Luxury Living Here are the top 5 most expensive home sales in Northern Colorado so far this year… $3.3 Million – a 16-acre estate near Pinewood Reservoir with 6 bedrooms, 8900 square feet, and black walnut floors $2.2 Million- a 9300 square foot home on 5 acres in Hidden Valley estates near Loveland $1.9 Million – a 8100 square foot home in the Harmony Club $1.9 […]
Blog Greeley’s Major Milestone The Greeley market is about to hit a major milestone. We project that in the first quarter of 2018, the average price for a single family home in Greeley will surpass $300,000. Today the average price sits at $289,870. Just a year ago it was $262,828. Guess when Greeley broke the $200,000 barrier? It was […]
Blog Fall vs Spring A question we start to hear from clients this time of year is “am I better off waiting until the Spring to sell my home?” The perception is that Spring is the busy time for home sales and that a Seller would be better served waiting to sell their home. The reality is the numbers […]
Blog Colorado Home Price Appreciation New Rankings The new rankings are out from the Federal Housing Finance Authority which ranks all 50 states plus close to 300 individual metropolitan markets for home price appreciation. We trust this source because they track actual sales of individual homes versus simply looking at average prices. Their home price index is one of the key pieces of research that […]
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Blog Should You Wait or Buy Now? The housing market is remarkably tight across the U.S., and you may be wondering if you should wait for home prices to slow before making your move. Windermere’s Chief Economist, Matthew Gardner, shares why waiting could end up costing you more money in the long run. Should You Wait out the Housing Market? The housing […]
Blog No two alike Anyone who has more than one child is frequently amazed by the difference between the children. How is it that two kids from the same parents are so different from each other? Same goes in our Northern Colorado market. We see a major difference between certain price ranges and certain locations right here in our little neck […]
Blog Gardner Report – Market Analysis Check out the latest Gardner Report below with information and stats on the Northern Colorado Real Estate Market! You can download the 4-page PDF here: Gardner Report PDF Download The following analysis of the Metro Denver and Northern Colorado real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this […]
Blog Signs of Slowing? An article in last week’s Denver Post about the Metro Denver market cooling off has prompted questions from our clients. Is the same thing happening in Northern Colorado? Are the Larimer and Weld County markets showing signs of slowing? Here’s the deal… The Denver Post article points to the difference in number of transactions between […]
Blog The Wellington Explosion What if we told you there is a real estate market that has seen a 300% increase in sales volume in only 5 years? What if we told you that market was right in our back yard? The market is Wellington and what is happening there is extraordinary. Because price increases in Fort Collins have […]
Blog A History Lesson The national homeownership rate is a very interesting statistic to track. It is simply the percentage of households in the country which are owned by the occupant (versus rented). Did you know that during the 30 years between 1965 and 1995 the homeownership rate stayed between 63% and 66%?  Then everything changed as government policies […]
Blog Now What? The Federal Reserve raised their benchmark interest rate 0.25% this week. So what does this mean for real estate? Some perspective is in order… First, mortgage rates are not directly tied to the Fed Funds rate. They are, however, closely tied to the 10-year Treasury. While the Fed was raising their rates this week, mortgage […]
Blog The Results Are In! You’ve probably heard that prices are up in Northern Colorado Another source just confirmed this. The Federal Housing Finance Authority recently released their quarterly report on 260 metropolitan markets across the country. Get this, Colorado has 4 cities ranked in the top 15 for yearly price growth.  Northern Colorado is well-represented on this list. 11th […]
Blog Luxury Market Spotlight So how’s the luxury market? Let’s look… Today there are 88 single family homes for sale in Larimer and Weld County priced at $1 Million and above. Over the last year, 63 of these properties have sold. This means it would take 17 months to sell all of these luxury properties at the current pace […]
Blog Northern Colorado Real Estate Forecast Spring selling season is right around the corner.  We are seeing the activity buzz starting already in the market.  If you missed our Forecast event we held in January, we have put together a quick recap video for you to review.  Click on the video below to hear more! Additional questions?  Let me know!
Blog Is Fort Collins the Next Boulder? The hottest question we get in Northern Colorado is this “do you think Fort Collins is the next Boulder?” Let’s look closely at that question and start with what is similar. They are both beautiful college towns nestled against the foothills. They both have affordability issues which push real estate buyers to satellite communities (what […]
Blog Stadium Impact? Today we are looking at one of the hot topics in Northern Colorado. Is the new CSU football stadium impacting real estate values in the surrounding neighborhoods? The answer, based on the research we’ve done so far, is… yes! Here are the details… We looked at the residential properties in the 1-mile radius surrounding the […]
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