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Blog No Omens 3/15/24 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 […]
Blog Small is the New Big The average size of new homes is dropping.  This is after a two-year period that saw size increase significantly.  This is according to the National Association of Home Builders’ Eye on Housing.The COVID-19 pandemic changed how much time people spent in their homes and also how they used their homes. Homeowners discovered a need for […]
Blog Weeks to Months For the first time in almost two years, there is more than a month’s worth of inventory on the market. This means that at the current pace of sales, it would take more than a month to sell all of the homes currently for sale. This is certainly welcome news for buyers who have been […]
Blog The One Thing Every Homeowner Needs To Know About a Recession A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: “A recession is […]
Home Living Gas Appliances vs. Electric Appliances Appliances are broken down into two main categories: gas- and electric-powered. You may be more familiar with one or the other based on personal experience, but when it comes time to choose appliances for your home, you’ll likely be weighing a variety of factors including the conversion costs, operation costs, safety, sustainability, and more. The […]
Home Living What is Spanish Style Architecture? The Spanish style of home design and the architecture from which it originates goes by many names but is commonly known as “Spanish Eclectic” or “Spanish Revival.” This distinct style has a long history that has helped to shape the residential aesthetic of certain parts of the United States, predominantly the Southwest. By digging into the history […]
Blog Rate Perspective MARCH 25, 2022 Given the recent increase in mortgage interest rates, we think a little perspective is in order. The average 30-year rate for the last 40+ years is 7.5% Rates are now back within the range where they were between April 2018 and February 2019 Between January 2000 and December 2009, the high was […]
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 […]
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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 […]
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 How to Choose the Best Flooring Flooring is a key component of a home’s design and can often be the centerpiece of a renovation or remodel. Because it covers such a large surface area it will significantly impact the look and feel of your home, so choosing the right material can be stressful. Weigh your options before making a decision. Learn […]
Buyers Understanding Private Mortgage Insurance (PMI) Buyers are constantly looking for ways to streamline the buying process, whether that’s working with their agent to identify how they can increase their buying power, getting pre-approved, or being as cash-ready as possible. Private Mortgage Insurance (PMI), though it is an additional expense, can be a gateway to homeownership, and for some buyers, may be their only […]
Buyers & Sellers Where to Stay While You Sell Your Home The time between selling a home and moving into a new one can be a challenging period for homeowners that leaves them with a basic question: Where should I live? In the interim, there are various housing options to choose from but picking the right one depends on your personal situation and the amount of time it will take […]
Buyers Should You Rent or Buy When Moving Away? There are certain advantages to moving down the street or across town. You’ll likely have a basic understanding of the local market conditions, you’re familiar with the area, and the limited distance between the home you’re selling and the one you’re moving into makes the moving process a bit easier. But moving to a new city […]
Blog Local Nuances “All markets are local” is a commonly used phrase in real estate. This adage is proving to be true as we notice slight changes recently in the market. Bottom line, the market, in some locations, is not behaving exactly like it did even 30 days ago. Properties that perhaps would have received 10 or more […]
Buyers How Will COVID-19 Impact the Housing Market? 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 to Be Impacted […]
Blog Colorado Retirement Guide for Baby Boomers In 2030, for the first time in history, the older population will outnumber the younger population. Learn what this surprising statistic means for baby boomers when it comes to retirement and selling their homes. The Aging Baby Boomer Generation We are currently seeing that the baby boomers aren’t recognizing that they will need long term […]
Blog Q1 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 […]
Buyers Homebuilder Headaches The National Association of Home Builders recently surveyed their members to ask them about the challenges they currently face and the challenges they expect to face. Far and away, the biggest headache for homebuilders right now is the rising cost of building materials. 96% of the survey respondents cited this as a significant problem they […]
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