Colorado Housing

Buyers & Sellers Wonder what a recession would mean for real estate? Our clients wonder what a recession would mean for the real estate market. Many assume it would translate into a downturn in prices. Some even worry that it would cause values to come crashing down. We looked back in history, at past recessions, to gain an understanding of what recessions mean for the Front Range market. […]
Buyers & Sellers Weeks to Months For the first time in almost two years, there is more than a month’s worth of inventory on the market. This means that at the current pace of sales, it would take more than a month to sell all of the homes currently for sale. This is certainly welcome news for buyers who have been […]
Buyers & Sellers Expert Opinion This week, take a listen to Matthew Gardner, Windermere’s Chief Economist as he discusses the current state of the housing market.​​​​​​​ He takes a deep dive into interest rates, price appreciation and where the market is headed. You can watch his video HERE
Colorado Housing Half A Month There is half of a month of inventory on the market.  In other words, at the current pace of sales, it would take just two weeks to sell all of the homes currently listed for sale along the Front Range. By definition, a market is balanced when there is 4 to 6 months of inventory.  […]
Buyers & Sellers Common Real Estate Contingencies Contingencies help to spell out the specifics of a real estate transaction by dictating what must happen so the contract becomes legally binding. If certain conditions aren’t met, the applicable contingency gives the buyer and the seller the right to back out of the contract per their agreed-upon terms. When selling your home, a buyer […]
Colorado Housing Renting vs Buying: Which is better for you? Deciding whether to rent or buy can be a difficult decision, but with the right analysis, you can determine which is best for you. Knowing whether it’s the right time to rent or buy depends on your buying power, what you’re looking for in a home, your local market conditions, your plans for you and your household, […]
Buyers & Sellers Rate Perspective Given the recent increase in mortgage interest rates, we think a little perspective is in order. The average 30-year rate for the last 40+ years is 7.5% Rates are now back within the range where they were between April 2018 and February 2019 Between January 2000 and December 2009, the high was 8.15% and the […]
Buyers Townhome Surge Townhome construction has surged in the last 12 months.  This is welcome news for first-time buyers who benefit from the lower prices that multi-family product tends to provide. According to the National Association of Home Builders, townhome construction has jumped up 28% compared to the previous year. Townhomes now represent 13% of all new residential […]
Don't Miss Our Next Post
Subscribe Now
Colorado Housing Standing Low The standing inventory of residential properties currently for sale is staggeringly low. The number of active properties for sale is almost 90% below the average for this time of year. In Metro Denver, there are 1,144 residential properties for sale today. In Larimer County, there are 136 and in Weld County there are 174. Current […]
Colorado Housing 2022 Forecast Yesterday we held the annual Real Estate Market Forecast with our Chief Economist, Matthew Gardner. To get the recording of the full presentation, please reach out. Here are some of the big takeaways from Matthew: The national economy is very strong and the rate of inflation is expected to slow during 2022 There are many […]
Buyers & Sellers Empty Nesters: Remodel or Sell? Your kids have moved out and now you’re living in a big house with way more space than you need. You have two choices – remodel your existing home or move. Here are some things to consider about each option. Choice No. 1: Remodel your existing home to better fit your current needs. Remodeling gives […]
Buyers Buying with Your Pets in Mind! Image source: Canva For many of us, pets play a central role in our home life, so taking into account what is best for them when buying a home is important for both their happiness and that of your entire household. Your neighborhood When looking for homes that are well suited to both you and […]
Colorado Housing Wildfire Preparation and Evacuation Tips As wildfires rage throughout the West Coast, many homeowners are being evacuated from their homes, while others stand by for information as the spread continues. The following tips are meant to inform your household’s wildfire evacuation protocol, whatever your evacuation timeline may be.  Immediate evacuation Evacuation orders come from local law enforcement agencies, but if […]
Colorado Housing Housing Inventory Many of our clients wonder if the current pace of price growth can continue.  Some even ask if prices will decline this year. Based on researching the Case-Shiller Home Price index and the National Association of Realtors home inventory data, there must be at least 6 months of inventory in a market for prices to […]