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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 […]
Fort Collins Real Estate Average Home Prices in Northern Colorado Yesterday the Coloradoan ran a very good article about the increase of average home prices in Larimer County, which they stated has now reached $405,000.   We thought this article may make you curious to know what the average prices are in each specific city in Northern Colorado: Fort Collins = $453,051 Loveland = $402,132 Windsor […]
Fort Collins Real Estate Double Up Fort Collins, over the last 12 months, has seen sales of homes priced $1,000,000 and over almost double. There have been 47 sales of these luxury properties during the last year compared to 24 sales the year before that. The current pace of roughly 4 of these properties selling per month is both unprecedented and […]
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 […]
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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 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 […]
Blog New Proposed Tax Bill House Republicans released their proposed tax bill last Thursday. The proposal is a long way from becoming law, but the draft contains three noteworthy items related to housing. As the law stands now, homeowners can claim as an itemized deduction interest paid on mortgages valued up to $1 million used to acquire or improve a […]
Blog Colorado Real Estate Market Update ECONOMIC OVERVIEW Colorado added 45,800 non-agricultural jobs over the past 12 months, a growth rate of 1.8%. Within the metropolitan market areas included in this report, annual employment growth was seen in all areas other than Grand Junction (where employment was stable) with substantial growth seen in Fort Collins (4.6%) and Greeley (3.5%). In August, […]
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 […]
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