Prices Continue to Pop in 2017

 

PRESS RELEASE

FOR IMMEDIATE RELEASE

 

Prices Continue to Pop in 2017

Real Estate Prices in Larimer and Weld Counties Are Up Double-Digits

 Fort Collins, Colo. (Feb. 15, 2017) – Continuing a trend that started four years ago, average residential real estate prices in January 2017 increased by double-digits compared to one year ago.  Larimer County’s prices are 10.5% higher than last January and Weld County’s are up even more at 12.8%.

The average price of a property in Larimer County so far this year is $378,253 and in Weld County it is $310,948.  Both Counties have seen their residential average prices go up by almost $100,000 in just three years.

“For three years now we have had the perfect storm to cause prices to increase at a rate that is double the long-term average.  Northern Colorado is in the top-10 nationally for fastest growing communities, we have an incredibly healthy economy with high employment, interest rates that are roughly half of the long term average, and very few homes to pick from,” said Eric Thompson president of Windermere Real Estate in Colorado.

“The inventory of listings is especially low in the lower price points.  For example, if someone wanted to buy a single-family home in Fort Collins under $300,000 they would have five listings to choose from today.  Greeley has 33 homes at that price point,” Thompson said.  “These dynamics create a unique opportunity for move up buyers to capture the appreciation in their home and leverage the low interest rates to buy the home of their dreams.”

Even though the number of homes available for sale across Larimer and Weld Counties may be down, Windermere Real Estate in Northern Colorado saw their January closed transactions increased 48% compared to last year.  Their new written contracts are up even more at 110% compared to 2016.

About Windermere Colorado:

Since its inception in 1972, Windermere Real Estate has grown to be a network of 300 offices with more than 7,000 agents by focusing on three basic principles: hire the best people, give them the best tools and create thriving communities. Windermere’s growth has allowed them to expand into the Colorado market led by Eric Thompson, President of Windermere Colorado. For more information, visit www.windermerecolorado.com.

 About Windermere Real Estate

Windermere Real Estate is ranked the largest regional real estate company in the Western U.S. serving communities in Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington and Mexico. The Windermere family has a proud heritage of serving our neighbors via the Windermere Foundation, which funds services for low-income and homeless families. Since 1989, the Windermere Foundation has contributed more than 28 million dollars towards improving lives in the communities where we live and work. For more information, visit www.windermere.com.

Posted on February 15, 2017 at 12:54 pm
Fort Collins | Category: Press Release | Tagged , , , , , , , ,

Windermere Metro Denver Expands to Aurora

PRESS RELEASE

For Immediate Release

Windermere Metro Denver expands to Aurora
Windermere opens fourth office in Colorado

Denver, COLO. (December 8, 2016) – Windermere Real Estate has just opened a new office in one of the fastest growing communities in Metro Denver.  The new Aurora location, which is located in the Southlands shopping center, joins Windermere locations in Fort Collins, Centennial, and Denver. Windermere opened its first office in Colorado just two years ago and has plans to continue growing across the state over the next few years.

“We are very excited about our recent expansion into Southeast Aurora; the city is growing by leaps and bounds and we are happy to be part of this exciting growth,” said Vincent Grandi, co-owner and managing broker of the Windermere Aurora office. “One industry that has lacked a presence in the area is real estate, forcing many home buyers and sellers to search outside the area for a real estate agent. We are proud to now provide a local neighborhood office with experienced and knowledgeable agents who live and work in Aurora and have extensive knowledge of all that the city has to offer,” said Grandi who co-owns the Windermere Metro Denver and Aurora locations along with (insert all the owner’s names).

Grandi added that one of the best advantages of living and working in the city of Aurora is the vast diversity of its residents, “Aurora is a melting pot of many immigrants that have chosen to come from all over the globe to live and work.  We’re proud to be part of this community and look forward to providing the best real estate experience to the residents of Aurora,” he said.

The office features a hip, fresh atmosphere, effective spaces for agent training and client meetings, and a rooftop deck.

“This location fits our strategy to serve home buyers and sellers all across the Front Range,” said Eric Thompson President of Windermere Real Estate in Colorado.  “We are thrilled with the team at Windermere Metro Denver and their ability to offer an exceptional experience to both their agents and their customers.  I’m excited to watch Windermere grow in Aurora.”

About Windermere Colorado:

Since its inception in 1972, Windermere Real Estate has grown to be a network of 300 offices with more than 6,000 agents by focusing on three basic principles: hire the best people, give them the best tools and create thriving communities. Windermere’s growth has allowed them to expand into the Colorado market led by Eric Thompson, President of Windermere Colorado. For more information, visit www.windermerecolorado.com.

 About Windermere Real Estate

Windermere Real Estate is ranked the largest regional real estate company in the Western U.S. with over 300 offices and 6,000 agents serving communities in Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington, and Mexico. Last year, Windermere closed over 86,000 home sales for more than $31.7 billion in dollar volume. The Windermere family has a proud heritage of serving our neighbors via the Windermere Foundation, which funds services for low-income and homeless families. Since 1989, the Windermere Foundation has contributed more than 32 million dollars towards improving lives in the communities where we live and work. For more information, visit www.windermere.com.

Posted on December 8, 2016 at 8:43 am
Fort Collins | Category: Blog, Colorado Real Estate, Press Release | Tagged , , , , , , , , , , ,