Save Your Spot

A quick, simple Fun Fact for you this week…

It’s time to sign up and register for our annual Market Forecast event.

We will be live in Denver on January 15th at the Wellshire Events Center.

And In Fort Collins on January 16th at the Marriott.

Both events start at 5:30.  Choose which location works best for you.

Matthew Gardner, our Chief Economist, is the Keynote speaker.

Click the links above to RSVP.

 

It’s time to register for our annual Market Forecast event.  We will be live at 5:30 on January 16th at the Marriott in Fort Collins.  Back by popular demand is our Chief Economist Matthew Gardner.  Save your seat HERE.

 

Posted on December 27, 2019 at 3:36 pm
Windermere Windsor | Category: Economics 101, Fun Facts, Windermere Real Estate | Tagged , , , , , , , , , , , , ,

Job News

There is an abundance of great news when it comes to employment in Colorado.

The unemployment rate is incredibly low at 2.7% which is almost a full percentage point lower than the U.S. average.

According to the Bureau of Labor Statistics, Metro Denver added 28,300 jobs over the last year which ranks 15th out of all metropolitan areas nation-wide, many of which have much larger populations than Denver.

While this is positive news, what is even more remarkable is what is happening in the other, smaller cities along the Front Range.

Anytime job growth exceeds 2.0% per year, it is a sign of a very healthy economy.

Here is what the other Cities have seen in terms of job growth over the last 12 months.

• Fort Collins 2.6%

• Greeley 2.5

• Colorado Springs 1.9%

Posted on November 22, 2019 at 5:26 pm
Windermere Windsor | Category: Blog, Fun Facts, Windermere Real Estate | Tagged , , , , ,

Updated Town Home in Thornton!

This beautifully updated town home is located at 2022 W 101st Avenue in Thronton in the desirable Parkside community close to shopping, restaurants, I-25 and Highway 36. This end unit has freshly finished hardwood floors, newer paint, furnace, roof and water heater. All appliances stay including the washer and dryer! This home features a great floor plan with a remodeled kitchen, dining area and ½ bath on the main level. The living room has patio doors that lead you out to a peaceful, fenced patio where a mature tree provides shade on those hot summer nights. Upstairs you will find 2 spacious bedrooms and a full bath. In addition to the attached garage, this town home has a dedicated off-street parking space right next to the garage. HOA includes clubhouse and pool. Make this your home today! Contact Aaron Pearson at (970) 646-3035 for your private showing for more information or click the link below for more details.

http://aaronpearson.com/listing/102417143

Posted on November 20, 2019 at 8:39 pm
Windermere Windsor | Category: Thornton Real Estate, Virtual Tour | Tagged , , , , , , , , , , , , , , , , , , ,

Beautiful Spacious Home in Aurora!

Suburb living at 2655 S Crystal St in Aurora with easy access to all major Denver attractions and Denver International Airport. This spacious 4 bedroom, 3 bathroom, 2 car garage home is an affordable must have. The kitchen offers beautiful granite counter tops and stainless-steel appliances, and an eat-in kitchen opening to the deck. Plenty of room for entertaining in your large dining room area, 2 family rooms, and a large backyard. Relax on the freshly resurfaced deck and stone patio or enjoy gardening in the many flower beds and vegetable garden. Contact Justine Marx at (970) 775-4030 for your private showing for more information or click the link below for more details.

http://windermerewindsor.com/listing/100102005

Posted on September 12, 2019 at 8:44 pm
Windermere Windsor | Category: Aurora Real Estate, Virtual Tour | Tagged , , , , , , , , , , , , , , , , ,

Beautiful Brick Home in Sunnyside Neighborhood!

Want old world charm combined with the worry-free simplicity of a modern home that has been fully updated? Check out this sun-drenched turn of the Century brick home at 4211 Alcott Street in Denver nestled on a beautifully landscaped yard on a great block in popular Sunnyside neighborhood. The main floor boasts a stylish gourmet kitchen with granite counters, cherry cabinets & stainless appliances. The living room has the original craftsman fireplace, exposed brick and the dining room has a bay window. The 2nd floor is a private master suite with walk-in closet, custom tile shower with European glass doors, dual sinks, toilet closet, skylight and gigantic soaker tub. New Hickory wood floors can be found throughout the house including all 3 bedrooms. The basement is finished with a bonus room for movies or an office. Enjoy the private backyard on the deck with French doors to the mud room. Parking is not a problem with an over-sized two car garage. Newer roof, plumbing, electrical wiring, furnace and A/C. Just a block and a half to the restaurants & shops at Cobbler Corner. Contact Aaron Pearson at (970) 646-3035 for your private showing for more information or click the link below for more details.

https://www.windermere.com/listing/CO/Denver/4211-Alcott-Street-80211/99827566

Posted on September 6, 2019 at 8:28 pm
Windermere Windsor | Category: Denver Real Estate, Virtual Tour | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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% year-over-year.

Last year prices were rising at 6.3%.  So, prices are still going up but not as fast as they were.

The city with the highest appreciation over the last 12 months is Phoenix with 5.8% growth followed closely by Las Vegas at 5.5%.

Denver came in at 3.4% which makes it tied for 8th place out of the 20 cities.

 

 

Posted on August 30, 2019 at 4:34 pm
Windermere Windsor | Category: Blog, Fun Facts | Tagged , , , , , , , , , ,

Our Forecast

This past Wednesday and Thursday evenings we had the pleasure of hosting our annual Market Forecast events in Denver and Fort Collins.

Thank you to the 700 people who attended. We appreciate your support!

In case you missed the events, here are some highlights including our forecast for price appreciation in 2019:
• In 2018 Prices went up:
o 8% in Fort Collins
o 8% in Loveland
o 8.5% in Greeley
o 8% in Metro Denver

 Inventory is (finally) showing signs of increasing:
o Up 25% in Northern Colorado
o Up 45% in Metro Denver

• There are distinct differences in months of inventory across different price ranges = opportunity for the move up buyer.

• There are several reasons why we don’t see a housing bubble forming:
o New home starts along the Front Range are roughly 60% of pre-bubble highs 14 years ago.
o Americans have more equity in their homes than ever, $6 Trillion!
o The average FICO score of home buyers is significantly higher than the long-term average.
o The home ownership rate is back to the long-term average.

• Our 2019 Price Appreciation Forecast:
o 6% in Fort Collins
o 6% in Loveland
o 7% in Greeley
o 6% in Metro Denver

If you would like a copy of the presentation, go ahead and reach out to us. We would be happy to put it in your hands!

Posted on January 18, 2019 at 9:25 pm
Windermere Windsor | Category: Blog, Fun Facts | Tagged , , , , , , , , ,

Still Up

All the talk of the market cooling off might make someone think that prices must be going down.

The truth is prices are still going up.

Here are the latest year-over-year appreciation numbers from the Federal Housing Finance Authority (they track 243 markets all across the Country):

Colorado Springs 11.44%

Greeley 10.53%

Denver 9.97%

Boulder 9.89%

Fort Collins/Loveland 8.64%

Posted on December 21, 2018 at 4:09 pm
Windermere Windsor | Category: Blog, For Buyers, Fun Facts, Housing Trends | Tagged , , , , , , , , , , ,

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 East-Coast cities and many in Colorado breathed a sigh of relief.

But they are will continue to be an economic force in our state.

Over the past two years, Amazon has greatly expanded its footprint in Metro Denver, opening up a sorting center in Aurora, fulfillment centers in Aurora and Thornton, a Prime Now center in Denver and a new delivery center in Centennial.

They will soon have 3,000 workers here and that number is expected to grow significantly.

Posted on November 16, 2018 at 4:45 pm
Windermere Windsor | Category: Blog, Economy, Fun Facts | Tagged , , , , , , , , , , , , , , ,

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 starts compared to last year (single family, town-home and condominium)

• Condominiums saw the largest increase in starts by a long shot, up 112% over last year- this is excellent news for first time buyers and those looking for product in lower price ranges.

Posted on September 28, 2018 at 3:55 pm
Windermere Windsor | Category: Blog, Fun Facts | Tagged , , , , , , , , , , ,