Real Estate Market Update

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Blog Friday Fun Facts – Have We Reached a Balanced Market? Windermere Principal Economist Jeff Tucker analyzes the National Association of REALTORS’ September U.S. home sales report, what the findings say about the current housing market, and why mortgage rates have been rising in recent weeks.        
Blog Friday Fun Facts – The 1651 Day Wait is Over It’s been 1651 days since the Federal Reserve last cut rates. During this era of rising rates, we’ve seen: Mortgage rates peak at nearly 8% in October 2023 Existing home sales plummet to 1995 levels Home affordability hit a 40-year low So when we got the news this week that the Fed was cutting interest […]
Real Estate Market Update Q1 2022 Colorado Real Estate Market Update The following analysis of select counties of the Colorado real estate market 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 your Windermere Real Estate […]
Real Estate Market Update Active Average While we frequently research and discuss average prices for properties that sell, it is also interesting to look at the average prices for properties that are active on the market but not sold yet. These are the average prices, by area, for properties currently listed for sale and not sold yet: Metro Denver = $954,000 […]
Real Estate Market Update No Foolin’ This is not an April Fool’s joke.   Average prices in Metro Denver just exceeded $700,000 in Metro Denver.  Larimer County isn’t far behind.   For the month of March, the average residential sales price in the 5-county Metro Area was $704,000.  This does not include Boulder County.   Larimer County was $691,000 and we […]
Real Estate Market Update 2022 Forecast Yesterday we held the annual Real Estate Market Forecast with our Chief Economist, Matthew Gardner. To get the recording of the full presentation, please reach out to your Windermere real estate broker. Here are some of the big takeaways from Matthew: The national economy is very strong and the rate of inflation is expected to […]
Blog Q3 2021 Colorado Real Estate Market Update The following analysis of the Metro Denver & Northern Colorado real estate market 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 your Windermere Real […]
Blog No Inventory? One misconception about today’s market is that there is ‘no inventory.’ Actually, there are numerous new listings that hit the market each month. It just so happens that they tend to sell quickly. The numbers show the number of new listings that came on the market in September closely equate to the number of sales […]
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Blog Slight Increase A review of the September market stats shows a slight increase in inventory along the Front Range. The way we currently measure inventory is in days. Meaning, at the current pace of sales, how many days would it take to sell all of the inventory currently for sale. The results, based on September’s activity, shows […]
Blog With a “T” One of the reasons we are so confident about the long-term health of the market is because of the equity that exists in peoples’ homes today. Because there is so much equity, there are very few homeowners who are ‘underwater’ with a loan that is more than the actual value of the property. According to […]
Blog Staggering Stat By definition, a real estate market is balanced when there is 4 to 6 months of inventory currently for sale. Anything less than 4 to 6 months means a Sellers’ market, anything more means a Buyers’ market. For example, if there are 1,000 closings per month in a market, the market would be balanced if […]
Blog Q2 2021 Colorado Real Estate Market Update The following analysis of the Metro Denver & Northern Colorado real estate market 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 your Windermere Real […]
Blog Inventory Uptick We are noticing a trend that is very good news for buyers. Inventory has been increasing over the last month which means that buyers now have more properties to consider. Just in the last week, the number of homes for sale has increased: 13% in Larimer County 12% in Weld County 11% in Metro Denver […]
Blog Q1 2021 Colorado Real Estate Market Update The following analysis of the Metro Denver & Northern Colorado real estate market 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 your Windermere Real […]
Buyers & Sellers Colorado Real Estate Market Update Posted in Colorado Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate    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 […]
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. […]
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 A History Lesson One of the most common questions we hear from clients is “Where do you think interest rates are going?” Virtually all of the experts we follow put rates above 5% going into next year and some see rates approaching 5.5% by the middle of 2019. What’s certain is that there are economic forces at work […]
Blog Fall Perspectives 2018: Our Pledge To You Change is afoot. We suppose it always is, but doesn’t it all seem to come at us so much faster in today’s world? We see change all around us. Just consider, for a moment, how much technology has changed our lives thanks to innovators like Uber, Google, and Apple, to name a few. Technology has […]
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