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Blog How Much? So how much real estate is sold in Northern Colorado? As it turns out, a lot! Last month alone there were 1,099 single family homes that sold in Larimer and Weld Counties The average price was $429,144 which means the total sales volume for one month was $471,629,129 (almost a half a billion)! Over the last 12 months, […]
Blog On Sale With interest rates so low, one could argue that money is essentially on sale. It’s actually half off. 30-year mortgage rates hit 3.75% which is exactly half of their long term average. Rates have averaged 7.5% over the last 40 years so today buyers are getting half of that rate. The “sale” on mortgage rates […]
Blog What We Notice Here are some observations we have about the market right now: Inventory is up, price reductions are up, the length of time to sell a home is up Seller concessions are more prevalent Sellers are more willing to accept contingent offers (especially in higher price ranges) If a home doesn’t sell within a week, it […]
Blog Home-ownership Rate An interesting stat which can give some insight to the national market is the Home-ownership Rate. It simply looks at the percentage of Americans who own their home instead of rent. The most recent report from the Census Bureau shows the rate at 64.2%. Most importantly, this number is showing stability after many years of […]
Blog Compound Effect If you have driven on I-25 lately you may have noticed that the Front Range is a popular place. The projections show that it will only get more popular in the future. Today, 4.8 million people live along the Front Range from Fort Collins down to Pueblo. In 2030, just 11 short years from now, […]
Blog Sign Surprise Given how active our market is today and has been over the last few years, many people assume that virtually every home with a “For Sale” sign in the front yard is already under contract.   They are surprised to learn that, in most cases, the “For Sale” sign does indeed represent a home that […]
Blog Are You Better Off Paying Your Mortgage Earlier or Investing Your Money? Photo Credit: Rawpixel via Unsplash Few topics cause more division among economists than the age-old debate of whether you’re better off paying off your mortgage earlier, or investing that money instead. And there’s a good reason why that debate continues; both sides make compelling arguments. For many people, their mortgage is the largest expense they […]
Blog Wonderful Two-Story Home in Loveland! Outstanding home at 1481 Box Prairie Circle in northwest Loveland boasting an updated kitchen with granite counter tops, extended cabinetry and hardwood flooring. The vaulted ceiling and gas fireplace welcome you to the spacious great room. Three bedrooms including the master suite are on the upper level, while the fourth bedroom, bath, and recreation room complete […]
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Blog Over List A statistic we keep our eye on is the percentage of homes which sell for at least list price. In a robust, healthy, market with lower inventory, we will frequently see homes selling for their asking price or even higher.   Here are the number of sales that occur for list price or higher in […]
Blog To Buy New or Old, That is the Question We are often asked, “Which is the better buy, a newer or older home?” Our answer: It all depends on your needs and personal preferences. We decided to put together a list of the six biggest differences between newer and older homes:   The neighborhood Surprisingly, one of the biggest factors in choosing a new […]
Blog Five Things to Consider When Downsizing Downsizing is on the minds of many homeowners today. Some are ready to retire, others want to live more simply, and many want to save money and say goodbye to home maintenance. If you can relate to any of those sentiments, ask yourself these five questions:   Have you done the math? The financial savings […]
Blog 12 Tips for Making Your Bedroom Cozier Posted in Living by Kenady Swan  Photo by MyDomaine  At the end of a long day, your bedroom should be a sanctuary of comfort that welcomes you in. But, as a room that guests rarely see and in which homeowners spend most of their time with their eyes closed, its upkeep frequently gets pushed to the bottom of the […]
Blog Where Are The Sales?     A high-level look at the Northern Colorado region shows that the number of residential sales is down 5.4% in Larimer County and up 4.7% in Weld County. This is simply comparing the number of closings from June 2018 to June 2019 versus June 2017 to June 2018.   The high-level look doesn’t tell […]
Blog The Housing Market in 2019 Posted in Market News by Matthew Gardner, Chief Economist, Windermere Real Estate  The last time we saw a balanced market was late 1990s, meaning many sellers and buyers have never seen a normal housing market.  Windermere Real Estate’s Chief Economist Matthew Gardner looks at more longer-term averages, what does he see for the future of the housing market? […]
Blog Renting vs Buying: Which is better for you? The debate about whether it makes more financial sense to rent or buy has been raging for decades. Advocates of buying argue that when you pay rent you’re paying for someone else’s mortgage. When you buy, you are making an investment, which can significantly increase in value every year you live in the home. Supporters […]
Blog 13 Appliance Tips & Hacks for Household Chores Posted in Living by Kenady Swan    Modern home appliances make our lives so much easier: They tackle dreaded household chores, saving us time and effort. There are lots of ways to use them, however, that you may not have thought of before. Here are 13 little-known tricks for getting more than your money’s worth from your appliances. […]
Blog Designing the Perfect Office to Work From Home In Style Posted in Living by Kenady Swan  Photo by letsbemates.com.au Working from home is an aspiration for many of us, but to do so effectively takes effort. A disorganized space at home can be just as troublesome as a hectic office. The most disciplined telecommuters will tell you that you need a structured routine and organization to get into […]
Blog How Reliable Are Home Valuation Tools? Posted in Selling by Kenady Swan    What’s your home worth?   It seems like a simple question, but finding that answer is more complicated than it might seem. Sites like Zillow, Redfin, Eppraisal, and others have built-in home valuation tools that make it seem easy, but how accurate are they? And which one do you believe if […]
Blog Caring for our Communities through the Windermere Foundation Posted in Community and Windermere Foundation by Marilou Ubungen    Windermere offices have been busy this year raising money for the Windermere Foundation which provides funding to support low-income and homeless families throughout the Western U.S. Last quarter alone, the Windermere Foundation collected over $308,236 in donations, bringing our total to $38,314,364 raised since 1989 when the Windermere Foundation first […]
Blog New Home News!     Nationally, sales of new homes are stronger than they have been in a long time. March was the best month since 2007 and April was the third-best month in that same time period.   This research comes from the National Association of Home Builders who show that we are on pace to sell […]
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