The United States housing market is experiencing a significant reduction in foreign buyers. Windermere Chief Economist, Matthew Gardner, cites several factors that could be contributing to this trend and offers his opinions as to what to expect in this recent Market Update.
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Market News • August 28, 2019
The Slow Down in Foreign Buyers
by Windermere Windsor
Colorado Real Estate Steady Stream Despite the extraordinarily low amount of standing inventory, it is important to understand there is still a steady stream of new inventory hitting the market. Inventory is low. That is a reality. New inventory is coming on the market at essentially the same pace as compared to the last few years. That is also a […]
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 […]
Fun Facts Record Highs While our temperatures felt like record lows this week, real estate prices have been hitting record highs along the Front Range. Here is the average price for residential sales so far this year in each of our Front Range markets (includes both single-family and multi-family): Fort Collins = $567,000 Loveland = $449,000 Windsor = $537,000 […]