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Blog Good Loan News   Here are two recently-announced pieces of really good news for home buyers. • The Colorado Housing and Finance Authority recently raised the income limit for their down payment assistance program to $115,600. Now more people can get help with a down payment. • Fannie Mae and Freddie Mac raised their conforming loan limits so […]
Blog HQ3? The Front Range may have lost out on Amazon’s HQ2, but that doesn’t mean their company won’t affect our economy. Denver was in the running for Amazon’s massive new second headquarters that supposedly would bring 50,000 new high-paying jobs and $5 Billion of investment. In the end Amazon chose to split the headquarters among two […]
Blog 83 Miles Per Hour   Pretend you have been driving on the Interstate at 100 miles per hour.  Also, pretend you have been doing that for a long time. Now pretend you slow down to 83 miles per hour. How would that feel? It would probably feel slow, right? 83 miles per hour is a 17% decrease from 100. […]
For Buyers Good News for Buyers Here’s some good news for buyers who have been waiting for more selection… No need to wait any more because the numbers show that more new listings are hitting the market compared to the recent past. In Metro Denver, the number of homes for sale is up 14.42% compared to last year.  That equates to […]
Blog FUNdamentals   In times of change (like now), it’s valuable to look at the fundamentals of our market. Let’s have some fun with fundamentals… 1.  Our economy is healthy – since 1990, the unemployment rate in Colorado has never been higher than the U.S. unemployment rate.  Ever.  Unemployment in Colorado sits at 2.7% today while the rate across […]
Blog What’s Starting? Here are some interesting stats from our friends at Metro Study who study new home activity along the Front Range. • New home starts are up 14% compared to last year – this is really good news and is helping to relieve the shortage of housing inventory • Every product type saw an increase in […]
Blog How We Rank Here’s how the largest Colorado cities rank on the most recent Federal Housing Finance Authority’s quarterly report.  They study the appreciation rate in 245 metropolitan areas all over the country. City                        Rank                Appreciation Boulder          […]
Blog The Seahawks and Windermere Return for Another Season to #TackleHomelessness All of us at Windermere are very excited to kick-off our third season as the Official Real Estate Company of the Seattle Seahawks! Once again, our #tacklehomelessnesscampaign is front-and-center, with the Windermere Foundation donating $100 for every Seahawks home-game defensive tackle to YouthCare, a Seattle-based non-profit organization that has been providing services and support to homeless youth […]
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Fun Facts The Cost of Waiting It’s true, certain parts of our market are cooling off. We are seeing fewer multiple offers, fewer bidding wars, and fewer inspection concessions. However, homes that are priced right and in great condition are selling, and in many cases, selling quickly. As buyers feel the market cool a bit, it may cause them to want […]
Fun Facts Did You Know? Did you know the average price appreciation over the long term, according to the Federal Housing Finance Authority (who’s been studying this for 40+ years) is… ·         5.63% per year for Metro Denver ·         5.35% per year for Larimer County ·         4.5% per year for Weld County If you want to be totally clear on all […]
Fun Facts 6 Clever Ways to Disguise Trash Bins You probably don’t give much thought to your garbage cans, other than remembering to put them out on the right day. But we all have to store our trash and recycling bins somewhere, and doing so can be a challenge on a smaller property, especially if you don’t want them to be an eyesore. If […]
Fun Facts The Wellington Explosion What if we told you there is a real estate market that has seen a 300% increase in sales volume in only 5 years? What if we told you that market was right in our back yard? The market is Wellington and what is happening there is extraordinary. Because price increases in Fort Collins have […]
Fun Facts Interest Rates Rise… So What? The Federal Reserve raised their benchmark interest rate 0.25% this week. So what does this mean for real estate? Some perspective is in order… First, mortgage rates are not directly tied to the Fed Funds rate. They are, however, closely tied to the 10-year Treasury. While the Fed was raising their rates this week, mortgage […]
Blog Limited Choices Pretend that customer walks into our office and tells us they are looking for a single family home in Fort Collins. We would tell them that there are 314 to choose from. But if they told us their price range is up to $300,000, their choices would be limited to just 10 homes. Single family […]
Blog Did You Know? Here are some fun “Did You Know?” stats as we wrap up 2016 (arguably one of the most fascinating years in the history of Northern Colorado Real Estate) This year the median price of a home surpassed… $350,000 in Fort Collins $300,000 in Loveland $250,000 in Greeley 2,281 homes were sold in Fort Collins this […]
Blog How Interest Rates Impact Your Buying Power Know your risk. How will your buying power be impacted with increased interest rates? Check out this infographic for an understanding of how much interest rates affect how much home you can afford.   Source: www.simplifyingthemarket.com Read the full article here: http://www.simplifyingthemarket.com/en/2016/12/16/the-impact-your-interest-rate-has-on-your-buying-power-infographic/?a=79696-9675764dc3b9cb63398c8d3c043b0717     
Blog Multi-Wow Check out what’s happening in the multi-family market in Fort Collins. The number of condos and townhomes for sale is way down compared to last year. 35% fewer new listings hit the market in November 2016 versus November 2015. Of course that means prices are up, 15% to be exact. The average price for multi-family […]
Blog 100K The City Manager for Fort Collins, Darin Atteberry, recently visited our weekly sales meeting. He had several interesting and valuable facts to share, including this… Based on the City’s research, Fort Collins will grow by 100,000 people over the next 25 to 32 years. That will bring the population to approximately 255,000 people. It means […]
Blog The Trump Tantrum Since the election interest rates have jumped from 3.77% to 3.95% according to the Mortgage Bankers Association. “This week’s increase in mortgage rates, being dubbed the ‘Trump Tantrum,’ is the biggest one week increase since the ‘Taper Tantrum‘ in June 2013,” said Bankrate’s chief financial analyst Greg McBride. Economists say the anticipation of Trump’s pledged […]
Blog Interesting Takeaways The Zillow Group just completed an extensive survey of home buyers and sellers. Here are some interesting takeaways from the research: Half of today’s home buyers are under the age of 36, and 47 percent are first-time buyers. Solo home buyers are in the minority; most buyers are shopping with a spouse or partner (73 […]
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