Blog Rebound The Case-Shiller Home Price Index tracks appreciation in the 20 largest real estate markets across the U.S. Their most recent quarterly report was just released this week. Metro Denver prices are up over last year by 3.89% which is just slightly higher than the average of the 20 markets. It is interesting to see how […]
Blog Bright, Open & Spacious Welcome to 858 Shirttail Peak Drive in Windsor! This beautifully maintained 2017 ranch-style home in the desirable Winter Farm neighborhood. Just like a new construction model home w/out the price! Back landscaping complete with window well covers and all window coverings included. This home boasts an open, bright floor plan w/ 5 bedrooms, 3 bathrooms, […]
Blog Beautiful Home in the Heart of Windsor! Welcome home to this wonderful tri-level house in the heart of Windsor! This 3 bedroom, 2 bathroom home sits on a large lot with NO HOA, no metro district, and is within walking distance of Windsor Lake, schools, local restaurants, parks, the library and so much more. Enjoy the open floor plan highlighted by the […]
Blog Spring in Summer This year the Spring market is occurring in the Summer. Typically the busiest months for real estate along the Front Range are April, May and June. This year, because showing activity was restricted in the Spring months, we are seeing robust activity this Summer. Here’s an indicator.  Sales through July 2020 versus July 2019 are up: […]
Blog Buyer Contemplation New research from the National Association of Home Builders:   The number of Americans contemplating purchasing a home in the second quarter of 2020 is nearly the same as 2019’s second quarter, according to NAHB’s Housing Trends Report.   At this time last year, 12% of Americans considered buying a home. Today the number stands […]
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 Rate Meaning Mortgage interest rates have hit another record low this week. Mortgage applications for purchases just hit an 11-year high. Rates are at a level that many people could never have imagined. Here’s something that is surprising to many people… Rates are 1.5% lower than they were just two years ago. Here’s what that means for buyers… […]
Blog Tight Inventory The numbers that we find to be most interesting right now are all related to inventory. Long story short, inventory is tight. It was already tight pre-coronavirus and now it’s even tighter. Here are the numbers. Active properties for sale versus one year ago are down: 11% in Larimer County 20% in Weld County 26% […]
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Fun Facts On Sale Money is on sale (again). 30-year mortgage rates now sit at 3.3%. This is less than half of the long-term, 40-year average. This is also almost a full percentage point lower than they were one year ago (which was still very low). Let’s put this in real numbers. A $300,000 loan at today’s rates has […]
Economy Faster Here’s something true about today’s market.  Properties are selling fast. Compared to one year ago, the number of days it takes for a property to sell is significantly lower. The industry term is “Days on Market” or DOM. DOM is way down. Here is the comparison of May 2020 versus May 2019: Metro Denver down 22% […]
For Sellers Follow Our Sellers Checklist To Stay Safe While Selling Your Home   Staying organized while uprooting your life and moving from one home to another can feel impossible. Not only are you trying to get the best financial return on your investment, but you might also be working on a tight deadline. There’s also the pressure to keep your home clean and organized at all times […]
Community Neighbors in Need Raises $690,000 for Food Banks   The COVID-19 pandemic has affected populations across the globe, but those who struggle with poverty and count on food programs to meet their basic day-to-day needs are in an especially uncertain place. While coping with increased demand and a bottlenecked pipeline of food supply, food banks are desperate for funds to continue to serve […]
Fun Facts Pent Up Demand We notice a very interesting dynamic in the market right now. There was clearly a pent-up real estate demand created during the recent time when in-person showings were not allowed.  The numbers back it up. First, a little background.  During a portion of “Shelter in Place,” all in-person viewing of properties ceased.  Instead, buyers spent […]
Fun Facts What the Numbers Say April represents the first time we can look at the impact of COVID-19 on a full month of real estate activity. To no one’s surprise, activity in April in terms of closings and new contracts did slow significantly. Much of this slowing was caused by in person showings not being allowed for most of the […]
Fun Facts Another Meltdown? This week our Chief Economist took a deep dive into the numbers to examine the current health crisis versus the housing crisis of 2008. The reason why?  People wonder if we are going to have another housing meltdown nationally and going to see foreclosures and short sales dramatically increase. It turns out that the numbers […]
Windermere Real Estate What Does It Mean to Be All In? What does it mean to be “All in”? At Windermere, it means our agents love what they do, acting beyond themselves, and being there when it counts. During these uncertain times, we want you to know that our agents are more focused than ever on taking care of their clients and helping them move their […]
Blog What Does It Mean to Be All In? What does it mean to be “All in”? At Windermere, it means our agents love what they do, acting beyond themselves, and being there when it counts. During these uncertain times, we want you to know that our agents are more focused than ever on taking care of their clients and helping them move their […]
Economics 101 Why No Crash Last week we hosted our clients and friends for a special online event with our Chief Economist Matthew Gardner. Matthew talked about a variety of topics that are on people’s mind right now including home values. Matthew sees no evidence that home values will crash and actually sees signs that they may rise this year […]
Colorado Housing Special Event On Wednesday April 22nd you are invited to a special online event with Windermere’s Chief Economist Matthew Gardner. He will be giving his insights into the U.S. economy and what that means for real estate along the Front Range of Colorado. You will hear the answers to the biggest questions we are hearing from clients […]
Living Protecting Your Home’s Air Quality Most of us tend to think of air pollution as something that occurs outdoors where car exhaust and factory fumes proliferate, but there’s such a thing as indoor air pollution, too. Since the 1950s, the number of synthetic chemicals used in home products have increased drastically, while homes have become much tighter and better insulated. As a result, the EPA estimates that Americans, […]