Buyers & Sellers

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Buyers A Guide to Understanding Escrow The process of buying a home is made up of several stages. After preliminary stages like getting pre-approved, searching for homes, and finding a buyer’s agent, various contracts and buyer-seller agreements will enter the fold as the purchase of a home is finalized. Escrow is a pivotal point in the buying process that will ultimately lead to […]
Blog Buy Before 5 30-year mortgage rates just exceeded 4% for the first time in three years according to Freddie Mac. We have new advice for anyone considering a home purchase in the next couple of years. Buy before 5.  This means buy before rates go to 5%. Even though rates have been ticking up over the last several […]
Buyers What Is a Bridge Loan? March 16, 2022 With so much in flux during the period between selling a home and buying a new one, short-term financing can provide some calm among the storm. With the fate of two properties up in the air, those who are selling a home will often look to secure a bridge loan to bridge the […]
Blog 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, […]
Blog 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 […]
Buyers Will Colorado Feel the Next Recession? Before we get into the nitty-gritty of a recession, let’s start with the definition of a recession. A recession is two consecutive quarters of negative economic growth as measured by a country’s Gross Domestic Product (GDP). So, this means that if a country’s GDP is in the negatives for two consecutive quarters then they are […]
Blog 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, […]
Buyers & Sellers Where is the Colorado Real Estate Market Headed? The Colorado real estate market has had quite the year — leaving us all eager to see exactly where it’s headed. The Big Picture What’s happening right now in the national economy? Naturally and as expected with the rollout of the vaccine, now over 50% of the adult population has received at least one dose […]
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Blog Money at a Discount This week, for the first time in 32 months, mortgage rates hit 4%. While this increase may feel painful for buyers currently looking at property, it is important to put today’s rates in perspective. We believe we will look back a few years from now and see that a 4% rate was like buying money […]
Blog How to Buy a House in Colorado [Infographic] Buying a house can be daunting. Especially in the Colorado housing market where changes are happening rapidly. So you might be wondering how to buy a house in Colorado during these fast-paced times. There are many things to consider and it’s important not to rush into any decisions. Whether you are a current resident of […]
Blog Rent Record Records continue to be broken in real estate, including the rental market. Rents just rose another $2 per month to $1,594, a new record. The annual rent growth of 13.5% nationally in 2021 was more than double any previous year, and apartment absorption counted nearly 600,000 units, which is roughly 50 percent more than the […]
Buyers Make Your Move • DECEMBER 1, 2021 by Windermere Staff Moving is stressful, whether it is across town or cross-country.  Once you have closed on your house, the reality of packing, moving, and setting up a new home can become overwhelming. While no list can make a move “stress-free,” planning ahead and staying organized can help make your […]
Buyers Must-Haves and Nice-To-Haves Lists Finding your dream home may not be easy, but there are things you can do to make it easier, like creating a “Must-Haves” list and a “Nice-To-Haves” list. These lists allow serious homebuyers to save time, energy, and ultimately, money as they prepare to buy a home. A Must-Have List is exactly what it sounds […]
Blog 7 Signs You’re Ready to Buy a Home Making the leap from renter to homeowner doesn’t happen overnight; it requires steady planning to put yourself in a good position to buy your first home. Prospective first-time home buyers can often feel like they’re waiting for a sign to indicate they’re ready to start making offers, when really, it’s a combination of factors. Here […]
Blog Why List Now Why does it make sense to list a home now?  Shouldn’t I wait until the Spring? These are legitimate questions we hear occasionally from our clients. It turns out there are several good reasons to list a home in December or January instead of waiting for April or May. The first reason is low competition.  […]
Buyers & Sellers Working with a Listing Agent What is a Listing Agent? Generally, a real estate transaction involves a listing agent representing the seller and a buyer’s agent representing the buyer. Listing agents will conduct a Comparative Market Analysis (CMA)—which uses recent housing market data to compare the seller’s home to other listings in their area—to accurately price the property. The agent will list the […]
Blog 10 Costs Associated with Buying a Home Some expenses that come with buying a home are easier to account for than others. Knowing the costs associated with buying a home will not only help you budget accordingly but will also pinpoint which homes are truly affordable for you. In no particular order, here are ten costs you can expect to encounter when […]
Buyers Record Increase Home builders have experienced their largest-ever increase in building costs so far in 2021. This is according to the latest Producer Price Index report. Year to date, building costs are up 14.5%.  This amount tops the previous record of 7.1% which occurred in 2008. Specific materials which have seen significant increases include lumber, drywall and […]
Buyers & Sellers Price Matters Almost twice as many sellers now have to drop their list price before a sale compared to July. In October, 19% of all sales were forced to drop the list price before receiving an offer.  In July it was 10%. These properties that start out priced too high end up taking four times as long […]
Buyers Q3 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 […]
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