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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 […]
For Buyers Simple Tips to Make Your Move Easier Your needs as a homeowner change over time, and you need the right home to fit those needs. Accordingly, it’s highly likely that at some point in your future you will experience another moving day. While moving can be challenging, there are resources to make it easier. If you are remaining in your current area, […]
For Buyers Lumber Back Up The price of lumber has jumped back up again and is adding to the cost of new home construction. Over the past four months, lumber prices have nearly tripled, causing the price of an average new single-family home to increase by more than $18,600. According to Random Lengths, as of the end of December, the […]
For Buyers Do You Need a Realtor to Buy a Home? Buying a home is a major investment, and it comes with a lot of variables. From finding the right neighborhood to determining how much home your budget allows, it is a complicated task. Because of the difficulties involved, many prospective homebuyers decide to work with a full-service realtor. However, if you decide to go on […]
Blog Lower Lumber Lumber prices are becoming more normal again. After soaring this Spring to record levels, they have lowered back to near pre-pandemic levels. The current price for 1000 board feet of lumber is $577.  This is 62% below the price this past May when it reached an all-time high of $1,515. In the years leading up […]
Blog Buying and Selling a Home at the Same Time Successfully selling a home and buying a home are significant accomplishments on their own, but when their timelines cross it can be difficult to manage both. If you’re thinking about doing both simultaneously, it’s equally important to understand the steps you can take to make the process go smoothly as it is to have a backup plan in case […]
Blog Inventory Uptick We are noticing a trend that is very good news for buyers. Inventory has been increasing over the last month which means that buyers now have more properties to consider. Just in the last week, the number of homes for sale has increased: 13% in Larimer County 12% in Weld County 11% in Metro Denver […]
Blog New Rate Prediction Windermere’s Chief Economist, Matthew Gardner has made his new mortgage interest rate prediction for 2021.   You can see his breakdown of interest rates and other economic factors by clicking on the image below and watching his newest video.   By the end of the year he predicts rates will rise to 3.63%.  By the […]
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Blog 96 Weeks Mortgage rates have been below 4% for 96 weeks in a row.   Today, the average 30-year fixed mortgage rate sits at 3.17%.   This is 0.5% lower than January and exactly 1.0% lower than March 2020.   Rates recently ended a 31-week streak of being under 3%.   Over the last 5 years, rates […]
Blog Working with a Buyer’s Agent What is a Buyer’s Agent? A typical real estate transaction involves a buyer’s agent representing the buyer and a listing agent representing the seller. A buyer’s agent helps the buyer identify potential homes to pursue, advises them on negotiations, and helps navigate any hurdles during the buying process. Once they are under contract, the buyer’s […]
Appreciation Rate 107 Straight According to research from the National Association of Realtors, home prices have appreciated for 107 straight months.   The median price in the U.S. is now $309,000.   The U.S. region with the highest median price is the West at $461,800. The lowest is in the South at $263,300.   All regions showed double-digit price […]
Advice For Sellers The Benefits of a Pre-Listing Inspection Pre-listing inspections can help sellers better understand the condition of their home before putting it on the market. They can also strengthen a home’s appeal to potential buyers and help to streamline the offer process, which is especially important in competitive markets. However, pre-listing inspections can also open sellers up to added liability. Talk to […]
Blog What to Consider Before Buying an Equestrian Property Buying a horse property is a very different experience from a conventional home purchase. The first and most important step is to work with an experienced equestrian specialist, but there are some additional items you should also consider before buying. Location, Location, Location When looking at equestrian properties, one of the most important things to […]
Blog Relocating for Remote Work As the ubiquity of working from home continues, many homeowners are making the decision to move. Whether the motivation for relocating is to lower the cost of living, to be closer to family, or simply a fresh start, there are various factors to keep in mind when relocating for remote work. Before You Relocate Before you […]
Blog Homebuilder Headaches The National Association of Home Builders recently surveyed their members to ask them about the challenges they currently face and the challenges they expect to face.   Far and away, the biggest headache for homebuilders right now is the rising cost of building materials.   96% of the survey respondents cited this as a significant […]
Blog The Importance of Pre-Approval To set yourself up for a smooth and successful home purchase, getting pre-approved is perhaps the most productive first step you can take. It strengthens your buying credibility, informs your home search, and speeds up the closing process. The Pre-Approval Process  There is an important distinction to made between two important steps of your mortgage application process: pre-qualification […]
Blog Double Lumber The price of lumber has doubled in three months.   Lumber is just one of several examples of skyrocketing materials costs which are impacting both home builders and home buyers.   The cost of lumber is now at a record-level $1000 per 1000 board feet.   These rising costs not only add to the sales […]
Blog Yes is the Answer It turns out that ‘yes’ is the answer to the most common questions we hear right now about the market… Do you think more properties will come on the market this Spring?  Yes, the normal pattern in our market is for new listings to be 40% to 70% higher in April versus January.  The peak month […]
Blog A Guide to VA Loans Image source: Shutterstock VA loans provide a path toward homeownership for active service and veteran personnel and their families. The following serves as a guide to understanding what they are, who they are available to, and what types of loans are available to them. VA loans can be confusing, so talk with your Windermere agent as […]
Blog Buyer Beware: Is That House For Sale Haunted? Image Source: Canva A trope as old as horror movies: a family moves into a beautiful house that they bought for well under market value. They’ve put all their savings into the move, and they’re looking for a fresh start. When they meet the neighbors and other townsfolk, they quickly learn that there’s a history […]
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