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Market News Colorado Real Estate Market Update 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 better-informed real estate decisions. For further information about the housing market in your […]
Colorado 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 […]
For Buyers The Whole Story Metro Denver has 2.1 months of inventory on the market. This means that, at the current pace of sales, it would take just over 2 months to sell every single-family home currently listed for sale. But that’s not the whole story because inventory levels vary drastically depending upon the price of the home. When we […]
Blog How’s 2019? A lot of our clients are asking how 2019 is starting off. Here’s one thing we notice… There are more homes to choose from, which is great news for buyers. In January alone 4,821 homes came on the market in Metro Denver. That is a 14% increase compared to one year ago. At our annual […]
Blog Misery Index Last week at our Market Forecast events, Chief Economist Matthew Gardner shared, among many stats, his famous “Misery Index.” A valuable statistic with a funny title. The Misery Index simply measures inflation plus unemployment. It’s an effective way to look at our Nation’s economy. Today’s Index sits just below 6%. Back in October 2011, it […]
Blog What Our Expert Think Here’s what our Chief Economist, Matthew Gardner, thinks about the 2019 U.S. Housing Market. He is regarded as one of the Country’s experts on real estate and is frequently quoted by leading industry publications.   • Existing Home Sales up 1.9% to 5.4 million units • Home Prices up 4.4% • New Home Sales up 6.9% […]
Blog Waiting and Waiting Anytime the market cools off we sometimes hear prospective buyers say “I think I’ll wait for the market to correct, then I’ll buy after prices come way down.” The reality is this… History shows that this wouldn’t be a good strategy. Our go-to source on price appreciation is the Federal Housing Finance Authority who produces a […]
Blog 83 Miles Per Hour Pretend you have been driving on the Interstate at 100 miles per hour.  Also, pretend you have been doing that for a long time. Now pretend you slow down to 83 miles per hour. How would that feel? It would probably feel slow, right? 83 miles per hour is a 17% decrease from 100. It […]
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Blog Good News for Buyers Here’s some good news for buyers who have been waiting for more selection… No need to wait any more because the numbers show that more new listings are hitting the market compared to the recent past. In Metro Denver, the number of homes for sale is up 14.42% compared to last year.  That equates to […]
Blog FUNdamentals     In times of change (like now), it’s valuable to look at the fundamentals of our market. Let’s have some fun with fundamentals… 1.  Our economy is healthy – since 1990, the unemployment rate in Colorado has never been higher than the U.S. unemployment rate.  Ever.  Unemployment in Colorado sits at 2.7% today while the rate across the […]
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