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About the area The New Elizabeth Hotel This weekend I was able to check out the new Elizabeth Hotel in Fort Collins for dinner, and it is great! The Emporium, the restaurant in the hotel, while pricey was totally worth it for the quality and quantity of food. It has a very upscale vibe, and the hotel bar, lobby, and restaurant were […]
About the area Are We Bubbly? Because our Northern Colorado market has been so active over the last four years, clients often ask me if wIe think there is a housing bubble forming. There are several key statistics which we track closely in order to answer that question. Here is one fact that we find to be insightful… One of the […]
About the area Windermere Market Forecast I want to thank everyone that was able to make it to our Market Forecast last week, we all really appreciate it! If you would like to get the powerpoint presentation or would like a rundown from the event, please give me a call or shoot me an email. Or if you would like to […]
About the area Townhomes Are Back! With the change in construction defects laws in Colorado in 2017, we are seeing condos and townhomes coming back in force! This is great news for first time homebuyers that start with an attached home before they move on to bigger, better, and more expensive things. Here are some interesting stats that show what is […]
About the area 2018 Market Forecast Happy 2018, I hope the year is starting off wonderfully for you! As we start the year, you might be wondering, “what is going to happen in the Northern Colorado real estate market this year?” The good news is, we have an answer! We will be hosting our Annual Windermere Real Estate Market Forecast again […]
About the area Friday Fun Facts! A Look Back Here are some fun facts about 2017… (By the way, be sure to RSVP for our Market Forecast on January 18th so you can hear our predictions for next year. Click HERE to register) In 2017: $4.6 billion of residential real estate was sold in Larimer and Weld Counties. ($2.8 in Larimer […]
About the area Home Price Increases – What Will It Cost? Check out the picture below to see how home prices are increasing by region, this comes from www.keepingcurrentmatters.com and the direct link is HERE. Let me know what you think!
About the area Friday Fun Facts! Rate Recap The Federal Reserve raised interest rates by 0.25% this week. It was their 3rd rate increase this year. This has us thinking about mortgage rates. Today, 30-year mortgage rates are 3.93%. Let’s put this in context with a little history lesson. Mortgage rates were… 3.90% 6 months ago 4.13% 1 year ago 3.54% […]
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About the area Get Real A story ran last week which highlighted the number of people who have moved out of Colorado. Let’s get real, there are still a large number of people moving to Colorado. In fact, 223,000 moved to Colorado from another state last year according to the latest American Community Survey from the U.S. Census Bureau. The […]
About the area Luxury Leaps One of my favorite sources of data is the Fort Collins Board of Realtors monthly market report. Their newest release of information showed some interesting numbers on the luxury market and a confirmation of other statistics we are tracking. The Luxury market is way up over last year. In the greater Fort Collins area over […]
About the area The New Gardner Report Is Out! 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 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 me. ECONOMIC OVERVIEW […]
About the area Friday Fun Facts – Long vs Short Short vs. Long There are short-term questions about real estate and there are long term questions about real estate. Clients often have short-term questions like… How much will prices go up next year? Should I sell my house this Fall or next Spring? Will interest rates go up next week? We encourage our clients to […]
About the area Friday Fun Facts! Inventory Is Up For the past few years the hot topic in Northern Colorado real estate is inventory, or more specifically, lack of inventory. Based on our current research, it looks like this trend is reversing. Let’s look at the increase in inventory in our major markets versus a year ago… Fort Collins up 28% […]
About the area Homecoming Win! Homecoming It was homecoming weekend at CSU which means that alums from all over the Country were back to visit Northern Colorado. So how does their real estate market stack up versus the place where they went to college? Odds are, it’s not as good! It turns out that there are only 9 metropolitan areas […]
About the area Friday Fun Facts! Memory Lane Today I will take a fun trip down memory lane. Did you know that it was the fall of 1981 (I was -2 years old!) when mortgage interest rates hit their all time peak? Yes it was this time 36 years ago when 30-year mortgage rates hit 18.39% Yikes! It’s important to note […]
About the area Luxury Listings in Northern Colorado Luxury Living Here are the top 5 most expensive home sales in Northern Colorado so far this year… $3.3 Million – a 16-acre estate near Pinewood Reservoir with 6 bedrooms, 8900 square feet, and black walnut floors $2.2 Million- a 9300 square foot home on 5 acres in Hidden Valley estates near Loveland $1.9 Million […]
About the area Greeley On A Roll! The Greeley market is about to hit a major milestone. We project that in the first quarter of 2018, the average price for a single family home in Greeley will surpass $300,000. Today the average price sits at $289,870. Just a year ago it was $262,828. Guess when Greeley broke the $200,000 barrier? It was […]
About the area Northern Colorado – Big Stuff Happening! I get a lot of questions about what is happening in the Northern Colorado Real Estate market, and while I address the residential side of things regularly, the commercial market has been driven by our great economy and way of life in the area. Here are just a few recent sales that show the strength […]
About the area Friday Fun Facts! Fall vs Spring And Listing Your Home Fall vs. Spring A question I start to hear from clients this time of year is “am I better off waiting until the Spring to sell my home?” The perception is that Spring is the busy time for home sales and that a Seller would be better served waiting to sell their home. The reality […]
About the area Home Price Appreciation – Good To Be Us! New Rankings The new rankings are out from the Federal Housing Finance Authority which ranks all 50 states plus close to 300 individual metropolitan markets for home price appreciation. We trust this source because they track actual sales of individual homes versus simply looking at average prices. Their home price index is one of the […]
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