Blog Beautiful Ranch Style Home in Severance! Well-maintained, well-built Norco Construction at 701 Ponderosa Drive in Severance with 3,148 sq/ft 3 bed, 3 bath, 3 car garage ranch style home located in the NO METRO TAX DISTRICT, low HOA community of Sunset Ridge. This custom-built home has an open floor plan with vaulted ceilings and scratch resistant hardwood floors throughout the living […]
Blog Rate Meaning Mortgage interest rates have hit another record low this week.   Mortgage applications for purchases just hit an 11-year high.   Rates are at a level that many people could never have imagined.   Here’s something that is surprising to many people…   Rates are 1.5% lower than they were just two years ago.   Here’s […]
Blog Tight Inventory The numbers that we find to be most interesting right now are all related to inventory.   Long story short, inventory is tight.   It was already tight pre-coronavirus and now it’s even tighter.   Here are the numbers.   Active properties for sale versus one year ago are down: 11% in Larimer County 20% […]
Buyers Questions to Ask During Your Virtual Home Tour Thanks to COVID-19, the new reality is that many open houses and home tours are being conducted virtually. For prospective home buyers, this new territory brings an added element to prepare for in the home buying process. Some of the questions that should be asked in a virtual home tour parallel those of in-person tours, […]
Fun Facts Prices Still Up Prices Still Up It seems that COVID-19 did not cause prices to decrease and certainly didn’t cause them to crash. Average prices are up compared to last year: ·         2.8% in Larimer County ·         5.4% in Weld County ·         3.3% in Metro Denver Low supply, sustained demand, and incredibly low interest rates are all fueling the […]
Blog Stunning Two-Story in Westminster! Look no further! This beautiful well maintained home at 5436 W 97th Court in Westminster will satisfy all of your wants and needs. As you enter this luxurious home, you will find a perfect home office that can also be used as a fifth bedroom if desired. Make your way to the open great room […]
Blog Matthew Gardner Weekly COVID-19 Housing & Economic Update: 6/1/2020 This week on “Mondays with Matthew”: Now that things have settled down somewhat following the initial impact of COVID-19, Matthew dives into the topic of mortgage rates. Will they go below 3%? Matthew discusses this and the factors that have formed his updated 2020 and 2021 mortgage rate forecast. 
Fun Facts On Sale Money is on sale (again). 30-year mortgage rates now sit at 3.3%. This is less than half of the long-term, 40-year average. This is also almost a full percentage point lower than they were one year ago (which was still very low). Let’s put this in real numbers. A $300,000 loan at today’s rates has […]
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Economy Matthew Gardner Weekly COVID-19 Housing & Economic Update: 5/18/2020 In this week’s episode of Mondays with Matthew, Windermere Chief Economist Matthew Gardner kicks off a series of episodes in which he answers questions from his followers. The first deals with how COVID-19 will impact buyer behaviors, especially in more urban markets.
Economy Faster Here’s something true about today’s market.  Properties are selling fast. Compared to one year ago, the number of days it takes for a property to sell is significantly lower. The industry term is “Days on Market” or DOM. DOM is way down. Here is the comparison of May 2020 versus May 2019: Metro Denver down 22% […]
Blog Beautifully Remodeled Home in Windsor! Beautifully REMODELED home at 1529 Barnwood Court in Windsor on 1/4 ACRE LOT with GORGEOUS VIEWS of LAKE and OPEN SPACE. Remodels display HIGH QUALITY FINISHES throughout. MASTER SUITE features EXTRAVAGANT SHOWER and walk-in closet. Beautifully HAND-CRAFTED STONE WALL and barnwood beams frame NEW FIREPLACE in the family room. CUSTOM TRIM. Beautiful and private landscaping. […]
Community Neighbors in Need Raises $690,000 for Food Banks   The COVID-19 pandemic has affected populations across the globe, but those who struggle with poverty and count on food programs to meet their basic day-to-day needs are in an especially uncertain place. While coping with increased demand and a bottlenecked pipeline of food supply, food banks are desperate for funds to continue to serve […]
Fun Facts Pent Up Demand We notice a very interesting dynamic in the market right now. There was clearly a pent-up real estate demand created during the recent time when in-person showings were not allowed.  The numbers back it up. First, a little background.  During a portion of “Shelter in Place,” all in-person viewing of properties ceased.  Instead, buyers spent […]
For Sellers Follow Our Sellers Checklist To Stay Safe While Selling Your Home   Staying organized while uprooting your life and moving from one home to another can feel impossible. Not only are you trying to get the best financial return on your investment, but you might also be working on a tight deadline. There’s also the pressure to keep your home clean and organized at all times […]
Economics 101 Matthew Gardner Weekly COVID-19 Housing & Economic Update: 5/11/2020 Job growth is critical to the health of the housing market, so on this week’s episode of “Mondays with Matthew,”  Windermere Chief Economist Matthew Gardner analyzes the effect of COVID-19 on employment and what we can expect for the duration of the year.
Fun Facts What the Numbers Say April represents the first time we can look at the impact of COVID-19 on a full month of real estate activity. To no one’s surprise, activity in April in terms of closings and new contracts did slow significantly. Much of this slowing was caused by in person showings not being allowed for most of the […]
Fun Facts Another Meltdown? This week our Chief Economist took a deep dive into the numbers to examine the current health crisis versus the housing crisis of 2008. The reason why?  People wonder if we are going to have another housing meltdown nationally and going to see foreclosures and short sales dramatically increase. It turns out that the numbers […]
Economics 101 Why No Crash This week we hosted our clients and friends for a special online event with our Chief Economist Matthew Gardner. Matthew talked about a variety of topics that are on people’s mind right now including home values. Matthew sees no evidence that home values will crash and actually sees signs that they may rise this year […]
Community All In, For Community Amid COVID-19 Over the past few weeks, as the effects of COVID-19 have spread to everywhere Windermere has offices, we have seen an outpouring of support from our agents and offices in their local communities, embodying what it means to be All In, For You.  The Bellevue, WA-based Windermere Real Estate East Inc. offices have been all in for their community in recent weeks […]
Windermere Real Estate What Does It Mean to Be All In? What does it mean to be “All in”? At Windermere, it means our agents love what they do, acting beyond themselves, and being there when it counts. During these uncertain times, we want you to know that our agents are more focused than ever on taking care of their clients and helping them move their […]