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 […]
Blog 3.2 Trillion March 17, 2022 The new CoreLogic Homeowner Equity Insights report shows that homeowners in the U.S. have seen their equity increase by a total of $3.2 trillion over the last 12 months. Their data shows that 63% of all homes have a mortgage. On average, U.S. homeowners gained $55,000 while the average increase in Colorado […]
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 […]
Home Living Farmhouse Interior Design Known for its signature chic comfort, the farmhouse style is a popular method of interior design for homeowners looking to blend elements of modern and traditional design. With a rustic charm at its heart that recalls images of the countryside and wide-open landscapes, the farmhouse style steadily picked up steam in the 2010s and continues to […]
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, […]
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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 […]
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 […]
Blog Steady Stream Despite the extraordinarily low amount of standing inventory, it is important to understand there is still a steady stream of new inventory hitting the market. Inventory is low. That is a reality. New inventory is coming on the market at essentially the same pace as compared to the last few years. That is also a […]
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 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 […]
Home Living Tips for Home: Extend the Life of Your Mattress All furniture has a shelf life, and your mattress is no different. Whether you sleep on a spring or memory foam mattress, the more proactive you can be about maintaining it, the better your chances of experiencing healthy, regular sleep. With a few simple tasks you can extend the life of your mattress and wake […]
Blog The Fire’s Impact Our heart goes out to all of the people impacted by the Marshall Fire in Boulder County. If you would like to give your support, we have set up a special fund through the Windermere Foundation where we will match any donation you make up to $5000. You can make that donation HERE. This devastating event […]
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 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 […]