Real Estate

Buyer Tips A History Lesson With the stock market on a wild ride and the Dow Jones dropping nearly 1,000 points yesterday, it makes some people wonder if the local real estate market might also crash or at least “correct.” A little history lesson is in order. Over the last 40 years, the real estate market along the Front Range has […]
Buyer Tips Bubble Burst Every so often we will hear a concern that another housing bubble is forming. To help answer that question it’s valuable to look at the reasons that caused the last one. There were three main drivers of the bubble that burst in 2008: 1. Easy Credit – loans were very easy to attain 2. Over-Leverage […]
Fort Collins Real Estate Big Numbers A lot of real estate changes hands in Northern Colorado over the course of a year. In 2019, Larimer and Weld Counties had… 12,830 residential sales which is 1.2% more than 2018 $5,224,834,424 of sales volume which is 4.45% more than 2018 For a detailed look at all the 2019 numbers plus our forecast for […]
Buyer Tips Case-Shiller The Case-Shiller Home Price Index is a well-known report in the real estate industry and a valuable way to gauge what is happening in various markets across the Nation. The report tracks home price appreciation in the 20 largest markets in the country. Their most recent report shows that, Nation-wide, home prices are up 2.1% […]
Buyer Tips 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 […]
Buyer Tips Homeownership Rate An interesting stat which can give some insight to the national market is the Homeownership 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 […]
Buyer Tips The Scoop – 3rd Quarter 2019 WELCOME TO “THE SCOOP” Everything You Need to Know About the Northern Colorado Real Estate Market – Produced Quarterly by Windermere Real Estate in Northern Colorado The 10-Year Rhythm As we study 40 years of price appreciation data for Larimer County, an interesting pattern emerges.  We call this pattern the 10-Year Rhythm.  It shows that […]
Buyer Tips Where Is The Inventory? There are 6,331 single-family homes for sale in Metro Denver. If we look at inventory broken out by price range, there are some interesting take-aways. Only 15% of the inventory is priced under $400,000 35% of the inventory is priced between $500,000 and $750,000. This price range represents the largest amount of homes for sale. […]
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About the area New Gardner Report!   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 […]
Real Estate What’s New: All About New Homes All about new homes…   Nationally, sales of new homes are up 3% over last year and are running at an annualized pace of 697,000 homes.   To put that in perspective, in April 2011 the annual pace was 310,000 homes and in April 2005 it was 1,260,000.   So, nationally, new home starts are […]
About the area Tax Time! It’s Tax Time You probably don’t need a reminder that this is tax season. Not only because tax returns are due in two weeks but also because you will soon receive your property tax notification in the mail. Every two years your County re-assesses the value of your property and then sends that new value […]
About the area Friday Fun Facts! The Office As you travel around the Front Range you will notice the following under construction: New Homes New Apartments New Medical Facilities However, you will not notice new office buildings under construction. What gives?  I thought we had a booming economy.  Why no new office buildings? There are a couple of reasons.  First, construction […]
About the area How’s 2019? How’s 2019? A lot of my 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 […]
About the area The Gardner Report Check out the latest Gardner Report from Windermere’s Economist Matthew Gardner by clicking the picture below!
About the area The 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 […]
About the area The Scoop Is Here!   Check out our latest quarterly market report, The Scoop! by clicking below. If you have any questions about the data please shoot me an email or give me a call! The Scoop 4th Quarter 2018
About the area 2019 Economic and Housing Forecast Preview 2019 Economic and Housing Forecast  By Matthew Gardner, Chief Economist, Windermere Real Estate  What a year it has been for both for the U.S. economy and the national housing market. After several years of above-average economic and home price growth, 2018 marked the start of a slowdown in the residential real estate market. As the […]
About the area Friday Fun Facts 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 […]
About the area Friday Fun Facts – Good Loan News! 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 […]
About the area Real Estate Update – The Gardner Report   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 […]