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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 & Sellers The Difference Between a Comparative Market Analysis and an Appraisal   It can be difficult for sellers to distinguish between two methods of finding the value of their home: a Comparative Market Analysis (CMA) and a home appraisal. Though they share many similarities, there are key differences in how the two approaches ultimately arrive at a listing price for your home. The Difference Between a Comparative […]
Blog A List Not Made Us Coloradoans are used to making many top-10 lists. Whether it be best place to live, best place to retire, best place to raise a family, or best place to own real estate, you can usually find a Colorado town or two on these types of lists. But, here’s one we didn’t make… The 10 […]
Buyers & Sellers Best Ways to Determine Home Value Of all the questions that arise during the selling process, “What’s my home worth?” is the first for most sellers. By using home valuation tools and understanding local market conditions, sellers can educate themselves on how much their home could potentially fetch on the market, but that’s just the tip of the iceberg. Best Ways to Determine […]
Blog Listing Averages While a lot of attention has been paid to increasing sales prices along the Front Range, it is also interesting to look at the average price of properties currently listed for sale. Did you know, for instance, that the average list price of all the properties currently for sale in Metro Denver is $887,000. Meanwhile, […]
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 […]
Blog The Biggest Risk in Front Range Real Estate In today’s world, the biggest risk in Front Range real estate for buyers is to wait! Eric Thompson from Windermere Local shares some insight below as to why this is and what it means for buyers across the Front Range: Why Waiting Isn’t a Good Idea Thinking back to 2008-10, we can learn a lot […]
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Blog Is This The Top of the Colorado Real Estate Market? Am I buying at the top of the Colorado real estate market? Are home prices going to crash? Can this real estate bubble last? These are common questions on the minds of a lot of people right now. These are all valid concerns — we’ve all seen the activity in the market — how fast […]
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 […]
Blog National Homeownership Month – First-Time Buyers In recognition of National Homeownership Month, we’re shining a spotlight on the home buying process. Each home buying journey is unique, as are the challenges that people face en route to becoming a homeowner. These three stories of first-time homebuyers showcase the importance of working closely with an agent to navigate the buying process and […]
Blog High Average If you watch the weekly statistics that we produce and post on social media, a number that might be jumping off the screen at you is the average price. Specifically, it is the percentage increase in average price versus last year that is striking. We are commonly asked ‘how could average prices increase 20% to […]
Buyers & Sellers Preparing Your Equestrian Property for Sale Selling a horse property is quite different to selling your typical single-family home and can present some unique challenges. Therefore, when marketing a property like this, there are certain things to consider in order to achieve a successful sale. Because equestrian properties aren’t usually located in heavily populated areas, when buyers take the time to […]
Blog Selling a Home with Pets For pet owners, it’s hard to imagine their home without a furry friend. However, when it comes time to sell, showcasing the qualities of a home should take precedence over the pets that live in it. This creates additional steps in the process of preparing your home for sale, but it makes all the difference in the […]
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 Tax Confusion Did you know the value of your property according to the County Assessor is not the value of your property today? Property owners up and down the Front Range recently received a postcard from their local County Assessor’s office with their new valuation. Colorado properties are reappraised every two years on odd years.  The updated […]
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 […]
Blog This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC] Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.” Today’s housing market […]
Blog Future of Work This week we had the opportunity to hear a presentation by Ed McMahon who is the Senior Fellow for Sustainable Development at the Urban Land Institute. He is a leading expert on the future of housing and development in the United States. He sees that Colorado is positioned to massively benefit from the work from […]
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