6 Million

Based on the numbers through August, we are now on pace to sell 6 million homes.  This is the highest pace we have seen in 14 years.

The 6 million threshold is a big deal in the real estate brokerage world.

Each month, as they have for a long time, the National Association of Realtors tracks the sales and then calculates the annualized rate of residential closings.

For many, many years this number has bounced around 5.5 million.  The fact that it just jumped to 6 million speaks to many factors especially the effect of today’s interest rates.

running

At Windermere Real Estate we are taking Safer at Home and Social Distancing very seriously.  Our people are following our Safe Showings protocol, staying connected to their clients, and providing help wherever needed.


Posted on September 25, 2020 at 12:00 pm
Meaghan Nicholl | Posted in Blog, Fun Facts, Windsor Real Estate | Tagged , , , , , , , , ,

Forbearance Falls

This is good news for the real estate market.

Less and less people are seeking payment relief on their mortgages.

The number of loans currently in forbearance stands at 7.16%.

This news coincides with the U.S. Unemployment Rate falling to it’s lowest level in 5 months as more people are getting their jobs back.

The economy has added back roughly half of the 22.2 million jobs that were lost in March and April of this year.

waterfall

At Windermere Real Estate we are taking Safer at Home and Social Distancing very seriously.  Our people are following our Safe Showings protocol, staying connected to their clients, and providing help wherever needed.


Posted on September 23, 2020 at 12:00 pm
Meaghan Nicholl | Posted in Blog, Fun Facts, Windsor Real Estate | Tagged , , , , , , , , , ,

Governor’s Farm Ranch!

You won’t want to miss your chance to see this incredible ranch home on a large corner lot in Governors Farm. NO HOA, no metro district and within walking distance to schools, restaurants, Windsor Library, Eastman Park and so much more! 609 Meadow Drive Winsdor, CO features a finished basement, a large covered back patio and a beautifully maintained backyard that’s perfect for BBQ’s and sunsets, this home is in great condition and surely won’t last long in this hot market! Main floor master with a private master 3/4 bath. Beautiful main floor hallway bathroom redone in 2020. All new stainless steel kitchen appliances and new CertainTeed Class 4 Impact Resistant Shingles roof replaced in 2019! Don’t miss out on this incredible opportunity and get in a showing as soon as possible! Call for your private showing at (970) 497-9045  for more information or click the link below for more details.

http://windermerewindsor.com/listing/113632857


Posted on September 8, 2020 at 9:39 pm
Meaghan Nicholl | Posted in Blog, Virtual Tours, Windsor Real Estate | Tagged , , , , , , , , , , ,

At Least List

 

It answers this question – how many properties are selling for at least list price (asking price or higher)?

 

This stat tells us how active the market is and helps our buyers to realize that, in some cases, they will be in a competitive situation.

 

When we look at single-family home sales so far this month, this is what we find:

  • 57% of properties in Larimer County sell for at least list price
  • 62% of properties in Weld County sell for at least list price

So, in well over half of the transactions, buyers need to offer list price or higher to acquire the property.

 

The data gets even more interesting when this information is broken out by price range.

 

To no one’s surprise, the percentage increases for properties priced under $400,000:

  • 81% in Larimer County
  • 70% in Weld County

We find that for properties over $400,000 the percentages still tell a story of a very active market:

  • 47% in Larimer County
  • 56% in Weld County

Bottom line, in most locations and price ranges we see a strong sellers’ market where buyers need to be prepared to make a strong offer and to also compete.

tug of war

At Windermere Real Estate we are taking Safer at Home and Social Distancing very seriously.  Our people are following our Safe Showings protocol, staying connected to their clients, and providing help wherever needed.


Posted on September 7, 2020 at 12:00 pm
Meaghan Nicholl | Posted in Blog, Fun Facts, Windsor Real Estate | Tagged , , , , , , , , , , , , , ,

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 the 20 locations have performed since the pre-Great Recession housing peak.

Turns out that Denver has done the best out of all the markets.

Since 2008, Denver home prices have appreciated 64.9%.  Second-best is Dallas at 55.5% and Seattle is third at 41.2%.

Believe it or not, there are markets where average home prices have still not returned to their 2008 levels.

Las Vegas is 14.5% below 2008 and Chicago is 12.8% below.

These numbers are another indicator of the long-term health and performance of the Front Range market.

Basketball

At Windermere Real Estate we are taking Safer at Home and Social Distancing very seriously.  Our people are following our Safe Showings protocol, staying connected to their clients, and providing help wherever needed.


Posted on September 3, 2020 at 7:47 pm
Meaghan Nicholl | Posted in Blog, Fun Facts, Windsor Real Estate | Tagged , , , , , , , ,

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, oversize 3 car garage, and an expanded back patio perfect for hosting BBQs in the backyard abutting a peaceful greenbelt. Upgraded finishes throughout including hardwood floors, stainless steel appliances, and tile floors and granite countertops in bathrooms.  The fully finished basement features a huge family/rec room with plenty of natural light from the oversize windows and a great amount of storage. Enjoy being just minutes from downtown Windsor and Windsor Lake, the park down the street, walking trails and open spaces throughout the neighborhood this home offers year-round enjoyment! Call for your private showing at (970) 497-9045 and for more information or click the link below for more details.

http://windermerewindsor.com/listing/112924222


Posted on August 19, 2020 at 3:49 pm
Meaghan Nicholl | Posted in Blog, Virtual Tours, Windsor Real Estate | Tagged , , , , , , , , , ,

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 a $1,313 monthly principal and interest payment.

One year ago, that same loan would be $1,432 per month.

That’s a 8.3% difference in monthly payment.

The fact that money is on sale is one of many reasons that the housing market remains very strong right now.

At Windermere Real Estate we are taking Safer at Home and Social Distancing very seriously.  Our people are following our Safe Showings protocol, staying connected to their clients, and providing help wherever needed.


Posted on May 29, 2020 at 5:45 pm
Meaghan Nicholl | Posted in Fun Facts, Mortgage, Windsor Real Estate | Tagged , , ,

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, on average, spend approximately 90 percent of their time indoors, where the concentrations of some pollutants are often two to five times higher than typical outdoor concentrations. 

Luckily, there are many ways to reduce indoor air pollution. We all know that buying organic and natural home materials and cleaning supplies can improve the air quality in our homes, but there are several other measures you can take as well. 

 

How pollutants get into our homes 

Potentially toxic ingredients are found in many materials throughout the home, and they leach out into the air as Volatile Organic Compounds, or VOCs. If you open a can of paint, you can probably smell those VOCs. Mold is a VOC that can build up in the dampest parts of your home like the laundry room or crawl spaces. Another example is the “new car smell” that seems to dissipate after a while, but VOCs can “off-gas” for a long time, even after a noticeable smell is gone. 

Many materials used to build a home contain chemicals like formaldehydetoluene, xylene, ethanol, and acetone, and even lead. VOCs can also be in the form of pet dander or dust. Fortunately, VOCs from building materials dissipate over time. For that reason, the highest levels of VOCs are usually found in new homes or remodels. If you are concerned about VOCs, there are several products you can buy that are either low- or no-VOC. You can also have your home professionally tested. 

 

How to reduce VOCs in your home 

 

Choose your building materials wisely  

  • – Use tile or solid wood for flooring—hardwood, bamboo, or cork
  • – Choose solid wood or outdoor-quality plywood that uses a less toxic form of formaldehyde. 
  • – Choose low-VOC or VOC-free paints and finishes 

Purify the air  

  • – Make sure your rooms have adequate ventilation, air out newly renovated areas for at least a week 
  • – Clean ductwork and furnace filters regularly 
  • – Install air cleaners if needed 
  • – Use only environmentally responsible cleaning chemicals 
  • – Plants are a natural solution to help clean the air 
  • – Air out freshly dry-cleaned clothes or choose a “green” cleaner 

Pick the right carpet 

  • – Choose “Green Label” carpeting or a natural fiber such as wool or sisal
  • – Use nails instead of glue to secure carpet 
  • – Install carpet LAST after completing painting projects or wall coverings
  • – Air out newly carpeted areas before using  
  • – Use a HEPA vacuum or a central vac system that vents outdoors

Prevent mold  

  • – Clean up water leaks fast 
  • – Keep humidity below 60 percent, using dehumidifiers if necessary 
  • – Refrain from carpeting rooms that stay damp 
  • – Insulate pipes, crawl spaces, and windows to eliminate condensation 
  • – Use one-half cup of bleach per gallon of water to kill mold in its early stages 

If you would like to learn more about VOCs and indoor air quality, please visit http://www.epa.gov/iaq/ 

Posted on April 3, 2020 at 10:51 am
Fort Collins | Posted in LivingWindsor Real Estate

Posted on April 15, 2020 at 12:00 pm
Meaghan Nicholl | Posted in Living, Windsor Real Estate | Tagged , , , , , , , , , , , , , , , ,

Terrific Ranch-Style Home in Windsor!

Incredible opportunity to own a basically all-new home on a quiet cul-de-sac with NO HOA, 1203 Tanglewood Court in Windsor has no metro district and is within walking distance of schools, restaurants, Windsor Rec Center and so much more! Featuring an additional non-conforming bedroom in the basement, a two-car garage, two patios, and an expansive backyard, this home is in amazing condition and surely won’t last long! All NEW interior paint, baseboards, carpet, tile, light fixtures, bathroom mirrors, master bathtub and tile, door hardware, outlet cover wall plates, GFCI outlets, and a brand new stove and microwave! You’ll also find all new smoke and CO detectors in every room. The garage, laundry room and storage closet\ under the stairs was recently insulated and drywalled. All ducts have been cleaned and HVAC registers replaced. All work completed in 2020. New roof in October of 2018 and new A/C and furnace in July of 2018. Call for your private showing at (970) 497-9045 for more information or click the link below for more details.

http://windermerewindsor.com/listing/108116875


Posted on April 2, 2020 at 9:45 pm
Meaghan Nicholl | Posted in Virtual Tours, Windsor Real Estate | Tagged , , , , , , , , , , , , , , , , , ,

Gorgeous Patio Home on the Lake in Windsor!

Wouldn’t you love to live in a resort-like, low maintenance golf community right on the water? Look no further! This beautiful well-maintained home at 1509 Waterfront Drive in Windsor provides unobstructed waterfront views, private beach access and an oversized custom System Pavers patio and pergola perfect entertaining or relaxing. Admire the view from the living room through the oversized sliding glass door and enjoy gathering in the open kitchen offering granite countertops, custom cabinetry, and immediate access to a patio for outdoor cooking. This home features an expanded garage, a spacious main floor master complete with 5-piece master bath and large walk-in closet as well as main floor laundry and half bath and two additional bedrooms with walk-in closets and dedicated bathrooms. This property is in great condition and lived in by one owner since being built. Hurry! Experiencing Colorado waterfront living at its finest surely won’t last long! Call for your private showing at (970) 497-9045 for more information or click the link below for more details.

http://windermerewindsor.com/listing/106501868


Posted on February 27, 2020 at 9:26 pm
Meaghan Nicholl | Posted in Virtual Tours, Windsor Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , , ,