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Economics 101 Get Real We’ve seen some headlines recently that suggest home prices along the Front Range have peaked and are starting to decline. When we dig in and do the research, this is what we find… Home prices are still going up, just not as fast as they have been. We’ve known that the double-digit appreciation that we’ve seen […]
For Buyers The Whole Story Metro Denver has 2.1 months of inventory on the market. This means that, at the current pace of sales, it would take just over 2 months to sell every single-family home currently listed for sale. But that’s not the whole story because inventory levels vary drastically depending upon the price of the home. When we […]
Blog How’s 2019? A lot of our clients are asking how 2019 is starting off. Here’s one thing we notice… There are more homes to choose from, which is great news for buyers. In January alone 4,821 homes came on the market in Metro Denver. That is a 14% increase compared to one year ago. At our annual […]
Blog Misery Index Last week at our Market Forecast events, Chief Economist Matthew Gardner shared, among many stats, his famous “Misery Index.” A valuable statistic with a funny title. The Misery Index simply measures inflation plus unemployment. It’s an effective way to look at our Nation’s economy. Today’s Index sits just below 6%. Back in October 2011, it […]
Blog What Our Expert Thinks Here’s what our Chief Economist, Matthew Gardner, thinks about the 2019 U.S. Housing Market. He is regarded as one of the Country’s experts on real estate and is frequently quoted by leading industry publications.   • Existing Home Sales up 1.9% to 5.4 million units • Home Prices up 4.4% • New Home Sales up […]
Blog Waiting and Waiting Anytime the market cools off we sometimes hear prospective buyers say “I think I’ll wait for the market to correct, then I’ll buy after prices come way down.” The reality is this… History shows that this wouldn’t be a good strategy. Our go-to source on price appreciation is the Federal Housing Finance Authority who produces a […]
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. […]
Blog Colorado Real Estate Market Update   The following analysis of the Metro Denver & Northern Colorado real estate market (which now includes Clear Creek, Gilpin, and Park Counties) 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 […]
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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 […]
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 […]
Colorado Real Estate Colorado Real Estate Market Update This analysis of the Metro Denver and Northern Colorado real estate markets 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 us. ECONOMIC OVERVIEW Colorado […]
Market News Should We Be Concerned About Another Housing Bubble? Over the last several years, many of the circumstances that triggered the previous housing bubble have changed. Windermere’s Chief Economist, Matthew Gardner, breaks down how tax policy, bank regulations, interest rates, lending standards, and home equity have improved our ability to avoid another bubble.
Market News How are inventory shortages impacting the housing market? The shortage of homes for sale has been a major concern for buyers and real estate agents over the last few years. Windermere Chief Economist, Matthew Gardner, explains the impact these shortages are having on the housing market.
For Sellers Baby Boomers: Impact on the U.S. Housing Market 75 million Baby Boomers control nearly 80% of all U.S. wealth, and as this generation ages, retires, and inevitably downsizes, they will have a significant impact on the housing market. Windermere’s Chief Economist, Matthew Gardner, explains when we can expect to see Boomers start to sell, opening much-needed inventory and making home ownership available to younger generations.  
Economics 101 Housing Supply is an Issue that Will Not Improve Any Time Soon and Here’s Why There are two common concerns about the housing market that one hears from both consumers and real estate professionals alike. First, they question whether or not we are on the brink of another housing bubble, and second, they want to know why there aren’t more homes for sale. I don’t plan on addressing the concern […]
Economy Gardner Report – Market Analysis Check out the latest Gardner Report below with information and stats on the Northern Colorado Real Estate Market! You can download the 4-page PDF here: Gardner Report PDF Download The following analysis of the Metro Denver and Northern Colorado real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that […]
Economy Northern Colorado Market Forecast Overview Did you miss our Northern Colorado real estate market forecast or do you just want a quick refresher? Windermere Colorado’s President, Eric Thompson, gives you a recap of what we discussed and what we predict will happen with the housing market in the upcoming years. A few key points from Matthew Gardner, co-presenter at the forecast […]
Market News Colorado Real Estate Market Update ECONOMIC OVERVIEW Annual employment growth in Colorado was measured at a respectable 2.2% in November and will likely finish the year having created around 55,000 new jobs. Within the metropolitan market areas included in this report, we are seeing employment growth at or above the state level and I anticipate that this will continue to […]
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