Economics 101

Blog Job Bounce “How could the real estate market be so strong in the middle of a pandemic?” That is a fair question and one we hear frequently from our clients. There are several reasons for this but two stand out. Interest rates Jobs Employment has bounced back much quicker than most people expected.  When COVID first showed […]
Colorado Housing Stat of the Month We just completed a review of the September numbers in our market. Here is the one number that is standing out to us – average price. Prices are way up over last year.  Here are the specific average price increases in each of our markets compared to September 2019: Metro Denver = 13.2% Larimer County = […]
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 […]
Economics 101 Bubble Burst Every so often we will hear a concern that another housing bubble is forming. To help answer that question it’s valuable to look at the reasons that caused the last one. There were three main drivers of the bubble that burst in 2008: Easy Credit – loans were very easy to attain Over-Leverage – people […]
Economics 101 Rate Forecast Here is our interest rate Forecast for the next year. Our Chief Economist, Matthew Gardner, predicts that rates for a 30-year fixed mortgage will stay between 3.8% and 3.9% for 2020. He doesn’t see rates going above 4.0% until at least the first quarter of 2021. This is obviously great news for buyers as their […]
Economics 101 Save Your Spot A quick, simple Fun Fact for you this week… It’s time to sign up and register for our annual Market Forecast event. We will be live in Denver on January 15th at the Wellshire Events Center. And In Fort Collins on January 16th at the Marriott. Both events start at 5:30.  Choose which location works best for you. Matthew […]
Economics 101 Matthew Gardner’s 2020 Mortgage Rate Forecast Each year Windermere’s Chief Economist, Matthew Gardner, forecasts into the next. Just in time to prepare for our 2020 Annual Market Forecast next week! Register here – http://nocoforecast.com/. Here’s what he expects for Mortgage Rates in 2020.
Economics 101 Matthew Gardner’s 2020 Real Estate Forecast It’s that time of year when Windermere’s Chief Economist Matthew Gardner dusts off his crystal ball and peers into the future to give us his predictions for the 2020 economy and housing market.
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Colorado Real Estate Colorado Real Estate Market Update   The following analysis of the Metro Denver & Northern Colorado real estate market 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 your Windermere […]
Blog “How’s The Market?” Have you found yourself thinking “How’s the Market?” If you are curious to know the current stats, trends, and dynamics in our market, this online workshop is for you! See exactly what is happening in our real estate market today so you are clear about where it is going. The questions we will answer for […]
Blog Ranked! The latest report from the Federal Housing Finance Authority is hot off the press. They rank 241 major metropolitan areas across the U.S. for yearly home price appreciation. They show that, nationally, home prices have gone up 4.99% over the last 12 months. Here’s how the major cities rank in Colorado among the 241:   […]
Economics 101 Mortgage Rate Forecast Geopolitical uncertainty is causing mortgage rates to drop. Windermere Chief Economist, Matthew Gardner, explains why this is and what you can expect to see mortgage rates do in the coming year.   Over the past few months we’ve seen a fairly significant drop in mortgage rates that has been essentially driven by geopolitical uncertainty – […]
Colorado Real Estate Colorado Real Estate Market Update Posted in Colorado Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate    The following analysis of the Metro Denver & Northern Colorado real estate market (which now includes Clear Creek, Gilpin, and Park counties) is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making […]
Appreciation Rate Get Real We’ve seen some headlines recently that suggest home prices along the Front Range have peaked and are starting to decline. When we dig in and do the research, this is what we find… Home prices are still going up, just not as fast as they have been. We’ve known that the double-digit appreciation that we’ve seen for […]