Economics 101

While our temperatures felt like record lows this week, real estate prices have been hitting record highs along the Front Range. Here is the average price for residential sales so far this year in each of our Front Range markets (includes both single-family and multi-family): Fort Collins = $567,000 Loveland = $449,000 Windsor = $537,000 […]

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 end of […]

Real Estate Investing Throughout this crisis, you most likely have a lot of questions about how COVID-19 is impacting the housing market. We want to make sure to provide you with the most information that we can so you can know what to expect when buying or selling your home. How Is the Economy Going […]

Mortgage rates have been below 4% for 96 weeks in a row. Today, the average 30-year fixed mortgage rate sits at 3.17%. This is 0.5% lower than January and exactly 1.0% lower than March 2020. Rates recently ended a 31-week streak of being under 3%. Over the last 5 years, rates have averaged 3.8%. Most […]