Social Links Widget

Click here to edit the Social Media Links settings. This text will not be visible on the front end.

Fun Facts Versus 2019 Because 2021 and 2020 were such unique years in real estate because of the considerably low interest rates, many people in our industry believe it makes sense to compare 2022 to 2019 when looking at the key statistics. Here’s how 2022 looked along the Front Range compared to 2019:                                                Prices                   Number of […]
Fun Facts RSVP Time There are four key questions that our clients have right now:1. What will values do this year and is there any chance of a housing bubble?2. When will mortgage rates drop below 6%?3. Will inflation subside this year?4. Is now a good time to buy or sell? All of these questions will be answered by our […]
New Listing New Listings December 2022 4027 Boulder Drive is a spacious bi-level and is ready for your personal touch! The two living spaces and open kitchen are great for entertaining. A deck from the kitchen leads you down to the expansive beautiful fenced backyard where you’ll find a “hobbit” sauna, outdoor bar, fort, & separate garden space. There is plenty […]
Fun Facts Incentivized More than 75% of all new home builders are using interest rate buydowns as a way to attract buyers to their communities.This is according to new research by John Burns Real Estate Consulting.Builders are fronting several thousand dollars on behalf of their buyers so these buyers can have a lower rate for the first few […]
Fun Facts Way Under The Nation’s real estate market is significantly under-supplied.According to the most recent research from Freddie Mac, the United States has a housing supply deficit of 3.8 million units.The available inventory today is lower than it has ever been in the last 40 years and is 3.5x lower than the peak of 2008.The reason why available […]
Fun Facts Mis-Led The most misleading stat about the housing market is increase in inventory. The number of properties for sale is up significantly compared to last year.  In most locations along the Front Range, inventory has doubled.This is obviously great news for buyers because they now have more choice.This is obviously meaningful for sellers because they now have […]
New Listing New Listings November 2022 Looking for a home in a great location with a little extra elbow room? This is it! 6739 Brittany Drive is a beautiful 3 bedroom 2 bathroom home located in Provincetown. Situated on a approximately 1/4 acre corner lot and mature landscaping, the back yard boasts built in garden beds with irrigation, a compost bin […]
Fun Facts Bargaining Power Buyers (finally) have more bargaining power.  For many, many months sellers had the distinct upper-hand and commanded above-list price offers.  Bidding wars were the norm.  Buyers had virtually no negotiating power.The numbers show that the dynamic has absolutely changed.The ratio of the final sales price to the list price is now at 98.1%.From April 2020 […]
Don't Miss Our Next Post
Subscribe Now
Fun Facts Inflation and Housing Yesterday’s Consumer Price Index report for October showed a lower-than-expected increase in inflation.  Many believe, based on the numbers, that inflation rates may have peaked.  Investors cheered and the stock market showed its biggest increase since bouncing back from the pandemic-caused bear market in 2020.So, what does yesterday’s news mean for housing in the short […]
Fun Facts A Numbers Game Here’s a fun fact. Generally speaking, a Seller should expect to have between 8 and 13 showings before receiving an offer. The exact number of course depends on price point and location. So, how quickly a property sells depends upon how quickly those showings are generated. The old adage of ‘it’s just a numbers game’ […]
New Listing New Listings October 2022 8225 River Run Drive, a better than new Ranch Style Patio Home in River Run, awaits. The open floor plan welcomes you as soon as you enter. You will notice the enticing fireplace and kitchen perfect for entertaining! The main level and basement living area have been upgraded with LVP for a beautiful look and […]
Fun Facts Luxury is Stronger The market above $1,000,000 is stronger than the market overall.This is true in both Northern Colorado and Metro Denver.The luxury market is not slowing to the same degree as the overall market.In Northern Colorado: Closed transactions are down 41% in the overall market and 26% in the luxury market over $1,000,000 Pending transactions are down […]
Fun Facts Big Jump We are seeing a big jump in properties for sale as measured by months of inventory.​​​​​​​ As a reminder, a market is considered balanced when there is between 4 and 6 months of inventory on the market.  Meaning, at the current pace of sales, it would take 4 to 6 months to sell all of […]
Blog Halfway Check This is a market which is changing quickly.  We are studying the numbers every day so we can be clear about where the market is heading. Here is a check on the market halfway through October. Compared to last October… Available inventory is up 73% in Northern Colorado and up 112% in Metro Denver.  This […]
Fun Facts Toward Balance Our market is moving toward a balanced market, but it is still unbalanced. By definition, a balanced market has between 4 and 6 months of inventory for sale. Today there is essentially two months.  One year ago, there was only 3 weeks of inventory. It has actually been 16 years since the market has been […]
New Listing New Listings September 2022 Welcome home to 460 Birch Avenue! This beautiful ranch style home that is all brick and provides 4 bedrooms, 2 baths, all wood floors throughout the main level, new updated kitchen, newer refrigerator, windows have been replaced, large living room, total 2436 sq ft with 2106 completed, 2 car garage, mature landscaping, nice large backyard […]
Fun Facts The Big News The big news this week is obviously the rise in interest rates. Average 30-year fixed mortgage rates are now at 6.7% which is the highest they have been since July 2007. So, how is this affecting the market?  Here is what we notice… There are fewer buyers in the market.  Sales activity, measured by closed […]
Blog Most Multi There are more multi-family residential properties under construction than at any time since 1974.   890,000 properties with 2+ units are currently being built across the United States.  This includes both for-sale product, and for-rent product.   Additional supply is clearly beneficial for both buyers and renters and will hopefully relieve some of the housing […]
Fun Facts Price Peek Here is a peek at average residential prices along the Front Range through the first half of September and how they have changed versus one year ago: Larimer County = $663,000 up 11.6% Weld County = $511,000 up 4.5% Boulder County = $1,165,000 up 17% Metro Denver = $668,000 up 9%
Fun Facts Best Places U.S. News & World Report just released their ‘Best Places to Live’ rankings and two Colorado cities made the top five list. They rank the 150 most populated metropolitan areas on criteria such as employment, quality of life, and strength of the housing market. Here are the top 5: 1.  Huntsville, AL 2.  Colorado Springs, […]
Colorado Professionals - Windermere
Terms of Use  &  Privacy Policy
Accessibility Statement | Fair Housing Notice
© 2024 Windermere Real Estate