Market News

Blog 100 / 90 / 60 As you’ve probably heard, prices have gone up quite a bit along the Front Range. Low interest rates, strong demand, lower supply, and a healthy local economy are all contributing to increased prices. It may interest you to see exactly how much prices have increased since one year ago in the markets where we have […]
Blog Listing Averages While a lot of attention has been paid to increasing sales prices along the Front Range, it is also interesting to look at the average price of properties currently listed for sale. Did you know, for instance, that the average list price of all the properties currently for sale in Metro Denver is $887,000. Meanwhile, […]
Blog Local Nuances “All markets are local” is a commonly used phrase in real estate. This adage is proving to be true as we notice slight changes recently in the market. Bottom line, the market, in some locations, is not behaving exactly like it did even 30 days ago. Properties that perhaps would have received 10 or more […]
Blog High Average If you watch the weekly statistics that we produce and post on social media, a number that might be jumping off the screen at you is the average price. Specifically, it is the percentage increase in average price versus last year that is striking. We are commonly asked ‘how could average prices increase 20% to […]
Blog Colorado Ranking Here’s the latest from one of our favorite data sources – the Federal Housing Finance Authority (FHFA). They track home prices across the Country and produce a quarterly Home Price Index report. It is not uncommon to find Colorado near the top of the list for year over year price growth. The latest report has […]
Blog Want a house in Fort Collins? Grab $500,000, get in line and join the housing Hunger Games “Buying a house in Fort Collins these days can feel like a combat sport. Maybe more like the ‘Hunger Games.’ Or Charlie Brown and the football — every time you get close to the ball, Lucy whisks it away…”   Pat Ferrier at the Fort Collins Coloradoan breaks down the housing market in Northern Colorado […]
Blog Drastically Different Recently it seems there are many attempted comparisons being made between today’s real estate market and the 2006-2007 market. It seems that people fear a repeat of what happened to the market in 2008 and 2009. Buyers, understandably, want to make smart decisions and don’t want to buy in advance of any downturn. The reality is […]
Blog Q1 2021 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 Real […]
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Blog Record Highs While our temperatures felt like record lows this week, real estate prices have been hitting record highs along the Front Range.   Here is the average price for residential sales so far this year in each of our Front Range markets (includes both single-family and multi-family):   Fort Collins = $567,000 Loveland = $449,000 Windsor […]
Blog New Rate Prediction Windermere’s Chief Economist, Matthew Gardner has made his new mortgage interest rate prediction for 2021.   You can see his breakdown of interest rates and other economic factors by clicking on the image below and watching his newest video.   By the end of the year he predicts rates will rise to 3.63%.  By the […]
Blog Days of Inventory In the residential real estate industry, inventory is typically measured in months.   For example, the definition of a “sellers’ market” is when there is less than 4 months of inventory on the market.  Meaning, at the current pace of sales, it would take less than four months to sell all the homes currently for […]
Blog Latest Ranking CoreLogic produces one of the most respected and widely-used home price index reports in the United States. They track home price appreciation in the largest markets across the Country. Here are the highlights from their most recent report: Home prices are up 9.2% Nationally This is the highest increase since February, 2014 Denver ranks fourth […]
Blog Q4 2020 Colorado Real Estate Market Update by Matthew Gardner 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 […]
Blog Inverted Typically, in the Front Range Market, the number of new listings will exceed the number of closings on a monthly basis. Meaning, the amount of properties that hit the market in a given month will be higher than the amount of properties that sell in that month. It is normal to have the ‘inflow’ exceed the […]
Blog 14 Times                         For the 14th time this year, 30-year mortgage rates set a record and hit an all-time low. Based on data just released by Freddie Mac, rates are now at 2.71%.  Their weekly survey of the 30-year mortgage rate dates back to 1971. Just […]
Blog Brand New Market Report                             The latest quarterly report from our Chief Economist Matthew Gardner is now available.  Here is a quote from the report with his take on the Front Range economy: What a difference a quarter makes! Following the massive job losses Colorado experienced […]
Blog 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 agent.  […]
Buyers & Sellers Re Bubble The activity in the Front Range market is causing us to hear the bubble question again. People are curious to know, based on recent growth in price appreciation, if we are in a housing bubble. This question seems to crop up when prices go up. While we do not believe that the current double-digit price […]
Blog Economic Update with Matthew Gardner Exclusive Invitation!!! Tune in on Tuesday, October 6, 2020 at 9:00am to meet with Matthew Gardner, Windermere Real Estate’s Chief Economist LIVE and get your chance to ask him questions. He’ll be discussing the housing market, employment and the effects of COVID-19 on the local and national economy. As one of the only real estate […]
Blog Matthew Gardner Weekly COVID-19 Housing & Economic Update: 6/15/2020 On this week’s episode of “Mondays with Matthew,” Windermere Chief Economist Matthew Gardner provides an update on the forbearance program and what type of effect we can expect it to have on the US housing market.