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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 […]
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 […]
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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 […]
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 […]
Blog Seller Facts Here are some fun facts about recent home sellers. This research comes from the National Association of Realtors survey of home buyers and sellers: 10 years = the average time recent home sellers have lived in their home. This number has remained essentially unchanged for the last ten years. From 1987 to 2007 the average […]
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 […]
Blog Zillow’s Shut Down On Wednesday Zillow announced the shut down of its iBuying program because of mounting financial losses and increasing complexity in the real estate market. The goal of this program was to buy properties directly from Sellers and then re-sell them for a profit. Before looking at the interesting facts and numbers associated with this news, […]
Blog Average Prices It’s true, average prices have increased substantially over the last year. Would you have guessed that Weld County has seen the largest increase along the Front Range? The specific numbers are below. As you look at the numbers, it is important to remember that average prices have increased because of appreciation and because there are […]
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