Windermere Real Estate

Social Links Widget

Click here to edit the Social Media Links settings. This text will not be visible on the front end.

Buyers & Sellers $700-Plus The average price in Larimer County is well over $700,000. For all closings in April, the numbers came in at $721,000. People who have lived in Northern Colorado may have a hard time believing that. The market here has certainly seen significant growth in the last 20 years. Here is something remarkable about the April […]
Buyers & Sellers Staying Steady Because mortgage rates have not decreased yet this year, many are wondering what that means for Northern Colorado home sales. Transaction count is staying relatively steady compared to 2023. Total sales year to date are down slightly (6%) versus last year. At this point in 2023, there were a total of 1434 closings in Northern […]
Buyers & Sellers No Omens Shakespeare famously wrote, “beware the Ides of March” in reference to March 15th. However, when it comes to luxury real estate, there doesn’t seem to be any bad news on the horizon. Instead, properties priced over $1 million are certainly on the upswing. So far this year, there have been 26% more sales of luxury […]
Buyers & Sellers Seller Beware As interest rates have gone up, buyers’ tolerance has gone down. Generally speaking, the mindset of buyers now is dramatically different from two to three years ago. Buyers used to be more open-minded and flexible and now that has changed. Higher rates have caused them to be far less tolerant of: Aggressive pricing Wear and […]
Buyers & Sellers Inventory in Perspective A significant dynamic in the Front Range market is the relatively low inventory. This is the main reason why prices are stable despite higher rates. Here is some perspective on the inventory of homes for sale to help give some context. Recent inventory is: Half of the long-term average going back 30 years ¼ of […]
Buyers & Sellers Forecast Takeaways Here are some of the big takeaways from our annual Market Forecast with Economist Matthew Gardner: Interest rates will continue to trend down during the year and reach 6.08% by the end of 2024. Home prices will have another year of modest gains increasing 2.0% to 2.5% in Northern Colorado 53% of homeowners in Larimer […]
Buyers Highly Active In addition to tracking the average price for sold properties, it is also interesting to track the average price for active properties. Asking prices are up across all markets when compared to the same time last year. Here are the average list prices for residential properties along the Front Range: Larimer County = $893,000 (8% […]
Fun Facts Net Worth Surge Net worth surged for American families during the pandemic era, largely because of increased home values based on the Federal Reserve’s Survey of Consumer Finances. Net worth is a measure of household assets after accounting for liabilities. After accounting for inflation, median net worth jumped to $192,900, a 37% increase from 2019-22, the Fed found. […]
Don't Miss Our Next Post
Subscribe Now
Buyers & Sellers A Rate-Induced Pop The recent drop in mortgage rates triggered a measurable uptick in sales activity. So far through the first 10 days of November, pending activity in Northern Colorado is up versus the same 10 days last year. This is despite interest rates being higher than they were last year. Mortgage rates just had their biggest one-week […]
Buyers & Sellers MOI is Still LOW Despite decreased buyer activity driven by normal seasonal patterns plus higher interest rates, the key stat of Months of Inventory continues to stay relatively low. Months of Inventory (MOI) is the simple measurement of how long it would take to sell the current inventory of homes for sale at the current pace of sales. Along […]
Buyers & Sellers The Price is Right This is an interesting and important time of year for current home sellers. Thanksgiving is approximately 45 days away which is an important deadline for home buyers. Many buyers who are considering a move this time of year would like to close on a home before Thanksgiving. Current home sellers have a one to two […]
Buyers & Sellers Jump to Three The most notable change in the market, in terms of a specific statistic, is months of inventory. This statistic measures how long it would take to sell all of the current inventory at the current pace of sales. Months of inventory has jumped to three along the Front Range. One year ago, it was two […]
Blog $44 Trillion Have you ever wondered how much all of the residential real estate in the U.S. is worth? It’s $44.5 trillion. That’s 44 with 12 zeroes after it. This data comes from the Federal Reserve’s Quarterly “Z.1” report. The total valuation increased by $2.4 Trillion over the last quarter and is essentially flat compared to one […]
Buyers & Sellers Higher Better The higher-end market in Northern Colorado, in terms of number of closings, is faring better than the overall market. When we look at the number of homes selling today and the price point of those homes, properties priced above $1,000,000 are performing better than the market as a whole. The number of closings occurring now […]
Blog 10 Important People in the Home Selling Process Good news! Selling a home is not a solo endeavor. Your goal in selling your home is to get the best price in a timeframe that meets your needs. To do that, you’ll enlist a team of professionals. So, who are the parties involved in a real estate transaction? Let’s review ten important people in […]
Market News High Active The average price of all active listings is likely much higher than you think. For example, the average listing price of the nearly 5000 properties for sale in Metro Denver is nearly $1,000,000. Here is the average price of all active listings along the Front Range: Larimer County: $886,000 Weld County: $736,000 Metro Denver: $939,000 […]
Buyers & Sellers Picking up Steam In a market that seems abnormal to a lot of people we notice a very normal trend right now.  As we head into Spring, activity is picking up. This happens pretty much every Spring and it is happening again. When we measure the number of properties under contract, which are set to close in the […]
Buyers & Sellers No Middle Class “The middle class is going away” is an often-used adage when talking about society. It is also a good way to describe today’s real estate market.  When it comes to properties for sale, the middle class has gone away.There is a class of listings which are priced to the market, in great condition, with world-class marketing.Then, […]
Buyers & Sellers March Madness When things get crazy on Wall Street, it’s often good for real estate. Uncertainty in the stock market attracts investors to the stability offered by Treasury Bonds. Higher demand for bonds means lower interest rates which is obviously good for real estate buyers. “Turbulence in the financial markets is putting significant downward pressure on rates” […]
Buyers & Sellers Equity Cushion You may remember the term “Home ATM” from the mid 2000’s. This term stemmed from the abundance of homeowners who pulled significant amounts of equity from their homes in the form of Home Equity Loans and Lines of Credit. Home values dropping in 2008, 2009 and 2010 caused many homeowners to be ‘underwater’ meaning that, […]
Colorado Professionals - Windermere
Terms of Use  &  Privacy Policy
Accessibility Statement | Fair Housing Notice
© 2024 Windermere Real Estate