Market News

Fort Collins Real Estate Top Three Here are the top three reasons why prices are unlikely to crash even though the market has cooled off: Inventory – Ultimately, prices are driven by supply and demand.  Although supply has increased, it still remains relatively low with less than two months’ supply in most areas. New Homes – New home construction still lags […]
Fun Facts Timber! A positive outcome of the cooling housing market is lower lumber prices. Lumber is now priced at $605 per thousand board feet.  This is a new low for 2022. Prices for lumber are now down 47% for the year and are well below the 2021 peak of $1,733 per thousand board feet. What’s causing this?  […]
Market News Inventory Bottom In Front Range markets, the number of homes for sale has just hit bottom or is about to hit bottom. This is terrific news for home buyers who have been waiting for more homes to choose from. The market is shifting, there is no doubt about that. Prices are still increasing and we expect them […]
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 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 & Sellers Q4 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 […]
Buyers & Sellers War and Interest Rates Our clients are curious to know what the conflict in the Ukraine will mean for mortgage rates. The short answer is down in the near term and up in the long term. Generally speaking, economic and political uncertainty drive people to invest in bonds rather than stocks, which puts downward pressure on interest rates. So, […]
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Home Pricing 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 […]
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 […]
Blog Construction Openings It’s not just the availability of materials impacting home builders today, it’s also the availability of labor. The market could use more inventory.  Home builders are trying to catch up. You’ve likely read the stories about the cost and availability of materials making an impact on home builders’ ability to keep pace with demand. It […]
Market News What is a Seller’s Market? When the housing market favors sellers, a seller can expect ideal conditions for selling their home. However, that’s not to say that a seller’s market doesn’t come with its own unique set of challenges for parties on both sides of the transaction. That’s why it’s critical for buyers and sellers to work with an agent […]
Housing Trends Drastically Different Recently it seems there are many attempted comparisons being made between today’s real estate market and the 2006-2007 market. It seems that people fear a repeat of what happened to the market in 2008 and 2009. Buyers, understandably, want to make smart decisions and don’t want to buy in advance of any downturn. The reality is […]
Buyers & Sellers Q1 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 […]
Fun Facts 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 […]