There have only been two other times in history when rates have been this low- April 2013 and October 2016.
It’s interesting to see what happened soon after bottoming out these last two times.
In April of 2013 rates hit 3.41%. By August 2013 they had jumped to 4.40%.
Rates bottomed again in October 2016 at 3.42%. Just two months later in December 2016 they were 4.32%.
Each time the increase was nearly 1% within just a few months.
So, if history proves itself as a guide, we can’t expect these rates to last for long.
Welcome to the fall issue of Windermere Living! Are you a foodie who loves to travel? Inside this issue is an article about interesting destinations where you can enjoy edible, immersive experiences like making your own coffee on the Kona coast of Hawaii, or diving for clams in Cabo and cooking them with an executive chef.
If you’ve ever undergone a major home remodel, you know all too well how important it is to partner with the right architect. We explore that topic in this issue, along with some pro tips on how to match yourself up with the perfect architect for your project, a process that isn’t that different from dating.
Last but not least, there are more than 70 pages filled with homes for sale throughout the Western U.S. Whether you’re in the market for a country farmhouse or a high-rise condo, there’s a little something for everyone.
This is just a sampling of what you’ll find in this issue of Windermere Living; we hope you enjoy it!
This beautiful home at 6301 Richland Avenue in Timnath Ranch is just minutes to I-25 and Fort Collins. Features include a gourmet chef’s kitchen with stainless appliances, granite counter tops, butlers pantry, 3 car insulated garage, main floor mother in law bed and new trex deck with custom lighting. Upstairs features 2 bedrooms, loft, and a massive 19 x 15 Master bedroom suite complete with walk in closet and a five piece bath. Enjoy the Colorado lifestyle, trails, and community pool two blocks away. Contact Chris Guillan at (970) 310-9357 for your private showing for more information or click the link below for more details.
This peaceful unit on the upper level at 3945 Landings Dr H-6 in Fort Collins features a pleasant floor-plan and a great location. Enjoy an afternoon on the sunny balcony overlooking open space or curl up in front of the gas fireplace on winter days. The master bedroom and bathroom on the second floor offer a private sanctuary. The spacious garage allows for your vehicle and storage. Catch dinner and a movie at the mall or grab the Max into Old Town. Everything within reach with groceries, shopping and dining right nearby! Contact Sarah Schilz at (970) 817-0906 for your private showing for more information or click the link below for more details.
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.
Welcome home to this stunning 2-story home at 105 S Marjorie Ave in Milliken that seamlessly blends modern conveniences with historic charm. Situated on 1-acre of manicured grounds with no HOA, you’ll find abundant space for RV/boat parking, gardening during our perfect Colorado summers or enjoying coffee and sunrises on the covered front porch. The living is easy in this classic beauty, complete with 4 bedrooms, an eat-in kitchen, separate dining room, wood floors on the main level & an over-sized 2-car garage. Contact Kailee Harvey at (970) 331-2868 for your private showing for more information or click the link below for more details.
It’s rare to find a downtown home with this much curb appeal, square footage, main floor master & closet space! Have your friends over for lunch at 904 W 5th Street in Loveland on your large covered wrap-around porch and holiday meals in your large dining room. Corner nooks perfect for a reading area or a piano. Behind the house is a large patio, workshop/craft room with 220 wiring. Located within an easy walk to the new movie theater & restaurants. Upstairs carpet is preserving hardwood floors underneath. Contact Meagan Griesel at (970) 691-0056 for your private showing for more information or click the link below for more details.
This beautiful two-story home at 230 Saxony Road in Johnstown has it all including a master retreat with a fireplace, and a 5 piece master bath. The outdoor living potential is skies the limit with the huge backyard and mature trees. This home is located right across the street from Johnstown Elementary. Contact Lindsey Crisanti at (970) 420-4498 for your private showing for more information or click the link below for more details.
Sprawling brick ranch home at 1318 Ida Court on a quiet cul-de-sac in SW Loveland. Complete with two master bedrooms with attached private bathrooms, two additional bedrooms, two large flex rooms in finished basement, air conditioning, vinyl windows, RV parking, fenced yard, beautiful outdoor living space and landscaping with covered patio, pergola, fire pit, large garden, and an 18 X 14 storage shed. Backs to a large private greenbelt. Conveniently located near shopping, schools and restaurants. Contact Tammy Fisher at (970) 218-3383 for your private showing for more information or click the link below for more details.
The Case-Shiller Home Price Index is a well-known report in the real estate industry and a valuable way to gauge what is happening in various markets across the Nation.
The report tracks home price appreciation in the 20 largest markets in the country.
Their most recent report shows that, Nation-wide, home prices are up 2.1% year-over-year.
Last year prices were rising at 6.3%. So, prices are still going up but not as fast as they were.
The city with the highest appreciation over the last 12 months is Phoenix with 5.8% growth followed closely by Las Vegas at 5.5%.
Denver came in at 3.4% which makes it tied for 8th place out of the 20 cities.