Economics 101

Blog Our Favorite Real Estate Podcasts   Podcasts are a growing medium as listeners search for new sources of entertainment and information. In 2018 there were about 550,000 podcasts, in 2019 there are more than 750,000. Listeners are growing too, an estimated 20 million more people in the U.S. are listening to podcasts this year as compared to2018. This growth in audio entertainment inspired […]
Blog Ranked! The latest report from the Federal Housing Finance Authority is hot off the press. They rank 241 major metropolitan areas across the U.S. for yearly home price appreciation. They show that, nationally, home prices have gone up 4.99% over the last 12 months. Here’s how the major cities rank in Colorado among the 241:   […]
Economics 101 Mortgage Rate Forecast Geopolitical uncertainty is causing mortgage rates to drop. Windermere Chief Economist, Matthew Gardner, explains why this is and what you can expect to see mortgage rates do in the coming year.     Over the past few months we’ve seen a fairly significant drop in mortgage rates that has been essentially driven by geopolitical uncertainty […]
Economics 101 Colorado Real Estate Market Update Posted in Colorado Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate    The following analysis of the Metro Denver & Northern Colorado real estate market (which now includes Clear Creek, Gilpin, and Park counties) is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making […]
Appreciation Rate Get Real We’ve seen some headlines recently that suggest home prices along the Front Range have peaked and are starting to decline. When we dig in and do the research, this is what we find… Home prices are still going up, just not as fast as they have been. We’ve known that the double-digit appreciation that we’ve seen for […]
Appreciation Rate 4 in 40 Did you know, according to FHFA, prices in Larimer County have dropped more than 1% only 4 times in the last 40 years? FHFA stands for the Federal Housing Finance Authority. We are one of 261 markets that they track. Since 1978 they have been measuring home price appreciation here. If you look at the […]
Blog 5 Reasons Rising Interest Rates Won’t Wreck the Housing Market Interest rates have been trending higher since the fall of 2017, and I fully expect they will continue in that direction – albeit relatively slowly – as we move through the balance of the year and into 2019. So what does this mean for the US housing market? It might come as a surprise to […]
Economics 101 Is There A Bubble? Economists say there are three reasons why we aren’t in a housing bubble today. The first reason they mention is the amount of new home construction compared to the 2006 housing bubble. Today, along the Front Range, new home starts are down 38% compared to 2006. This is despite a much higher population than 12 […]
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