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Blog Friday Fun Facts – The Average American Moves 12 Times in Their Life According to the U.S. Census Bureau, the average American moves approximately 11.7 times throughout their lifetime. However, this number varies widely depending on factors such as age, income, and marital status. Young adults between the ages of 18 and 34 move much more frequently than older adults. Folks between 18 and 34 have an average […]
Blog New Listings – October 2024 1906 Spring Bloom Drive | Windsor Welcome to an unparalleled luxury retreat, nestled on a sprawling one-acre lot in the exclusive, Acadia at RainDance. This exquisite six-bedroom, five-bathroom estate redefines opulence with its meticulously crafted features and tailored finishes. Step into the magnificent great room, where a soaring 12-foot ceiling with beams creates an expansive […]
Blog Friday Fun Facts – Have We Reached a Balanced Market? Windermere Principal Economist Jeff Tucker analyzes the National Association of REALTORS’ September U.S. home sales report, what the findings say about the current housing market, and why mortgage rates have been rising in recent weeks.
Blog New Listings September 2024 521 Cornell Avenue is located right in the center of Mid-Town Ft Collins in desirable South College Heights. You’ll appreciate the proximity to the neighborhood pool, schools, parks, shopping, dining, CSU and Downtown. Inside you’ll find immaculate hardwood flooring on the main level and upstairs bedrooms. The lower level includes a rec room and soundproofed […]
Blog Friday Fun Facts – Best Places to Live U.S. News & World Report just released their ‘Best Places to Live’ rankings and two Colorado cities made the top 10 list. They rank the 150 most populated metropolitan areas on criteria such as employment, quality of life, and strength of the housing market. Here are the top 10: Naples, FL Boise, ID Colorado Springs, […]
Blog FRIDAY FUN FACTS – Transitioning into Fall As we transition from September to October, the real estate market is showing signs of stability and balance. Inventory levels are beginning to flatten out, providing buyers with more options to choose from. Sellers are becoming more flexible, willing to negotiate, make repairs, and offer concessions to close deals. Active Listings: The number of active […]
Blog FRIDAY FUN FACTS – Does the Federal Reserve affect Mortgage Rates? The federal funds rate and mortgage rates are both types of interest rates, but they operate differently. The Fed directly controls the federal funds rate, which primarily influences short-term interest rates, while mortgage rates are determined by lenders based on long-term bond yields and various economic factors like inflation and market demand. This means that […]
Blog Friday Fun Facts – The 1651 Day Wait is Over It’s been 1651 days since the Federal Reserve last cut rates. During this era of rising rates, we’ve seen: Mortgage rates peak at nearly 8% in October 2023 Existing home sales plummet to 1995 levels Home affordability hit a 40-year low So when we got the news this week that the Fed was cutting interest […]
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Blog Friday Fun Facts – It’s All About the FED You may have heard that the Federal Reserve Board (FED) is meeting next week – so what does that mean? Think of the Fed lowering interest rates like a store putting items on sale. When prices drop, people are more likely to buy things. Similarly, when the Fed reduces interest rates, borrowing money becomes less […]
Blog Best Time to be a Buyer in 10 Years As we move into the fall, the real estate market is providing a rare opportunity for buyers who have been waiting on the sidelines for years. Inventory levels are higher than they’ve been in a decade, and sellers are increasingly open to negotiations, making repairs, offering concessions, and even accepting contingent offers to close deals. […]
Blog Reasons for Celebrating Labor Day We celebrate Labor Day, the federal holiday that occurs on the first Monday in September, to honor the contributions of American workers and the labor movement, which played a crucial role in securing fair working conditions, better wages, and reasonable hours for employees across various industries. The holiday recognizes the importance of the labor force […]
Blog The Last Decade Did you know home values in Larimer County have more than doubled in the last ten years? Larimer County average prices are up 125% compared to 2014.  Weld County’s are up 134% Here’s where it gets interesting… Many people would guess that a significant portion of those gains occurred in the last five years. However, […]
Blog Halfway Check This is a market which is changing quickly.  We are studying the numbers every day so we can be clear about where the market is heading. Here is a check on the market halfway through October. Compared to last October… Available inventory is up 73% in Northern Colorado and up 112% in Metro Denver.  This […]
Blog Most Multi There are more multi-family residential properties under construction than at any time since 1974.   890,000 properties with 2+ units are currently being built across the United States.  This includes both for-sale product, and for-rent product.   Additional supply is clearly beneficial for both buyers and renters and will hopefully relieve some of the housing […]
Blog The Evolution of the Home Office As the popularity of remote work has reached new heights in recent years, the needs of homeowners are changing. Home offices and workspaces have never been higher on buyers’ priority lists and sellers are finding ways to make their homes appeal to a remote working audience. So, what does this mean for the home office […]
Blog Zillow’s Shut Down On Wednesday Zillow announced the shut down of its iBuying program because of mounting financial losses and increasing complexity in the real estate market. The goal of this program was to buy properties directly from Sellers and then re-sell them for a profit. Before looking at the interesting facts and numbers associated with this news, […]
Blog Q3 2021 Colorado Real Estate Market Update The following analysis of the Metro Denver & 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 your Windermere Real […]
Blog Average Prices It’s true, average prices have increased substantially over the last year. Would you have guessed that Weld County has seen the largest increase along the Front Range? The specific numbers are below. As you look at the numbers, it is important to remember that average prices have increased because of appreciation and because there are […]
Blog Your Guide to Trick-Or-Treating in Northern Colorado It’s the sweetest, spookiest time of the year! If you’re in the Northern Colorado area, we’ve put together a list of family-friendly trick-or-treat locations that are sure to hit the spot!      1. Anderson Farms is opening its doors for all the “Little Ghouls” out there. This daytime trick-or-treat event will be hosted on […]
Blog Seller Facts Here are some fun facts about recent home sellers. This research comes from the National Association of Realtors survey of home buyers and sellers: 10 years = the average time recent home sellers have lived in their home. This number has remained essentially unchanged for the last ten years. From 1987 to 2007 the average […]