Rate Prediction

by Suzanne Ekeler

FEBRUARY 17, 2023

Our Chief Economist, Matthew Gardner predicts that interest rates will hit 5.4% by the end of 2023.

His prediction is aligned with most expert real estate economists.

While rates will continue to bounce up and down as the year goes on, the general trend will be lower rates.

This prediction is mainly based on the Fed tempering their increases as inflation starts to ease in the second half of the year.

Because of this prediction, we see housing demand increasing as rates decrease throughout the year.

Greeley Real Estate • Virtual Tour • December 29, 2022

Updated Condo in Greeley

by Suzanne Ekeler

Come take a look at 813 37th Ave B-2, a newly updated condo which offers 2 large bedrooms, 1.5 bathrooms, new luxury vinyl plank through out the main floor and upper bathroom, new carpet upstairs, all new kitchen cabinets, new refrigerator, stove and microwave, granite countertops, new bathroom tub/shower, new bathroom vanities, bathroom light fixtures, all new doors, all new interior paint, back porch for grilling, 1 covered carport space. HOA covers: electric, gas, water, sewer, trash, lawn maintenance and snow removal. Great home or investment property. Call (970) 590-4841 to schedule a private tour or click here for more information.

Greeley Real Estate • Virtual Tour • December 29, 2022

Low Maintenance Living in Greeley

by Suzanne Ekeler

Come take a look at 807 37th Avenue A-4, a newly updated condo which offers 2 large bedroom, 1.5 bathrooms, new luxury vinyl plank through out the main floor and upper bathroom, new carpet upstairs, all new kitchen cabinets, granite countertops, new bathroom vanities, bathroom light fixtures, all new doors, all new interior paint, back porch for grilling, 1 covered carport space. HOA covers: electric, gas, water, sewer, trash, lawn maintenance and snow removal. Great home or investment property. Call (970) 590-4841 to schedule a private tour or click here for more information.

Loveland Real Estate • Virtual Tour • October 21, 2022

Ranch Style Home with Mountain Views

by Suzanne Ekeler

6499 Lake Ward Drive is a great ranch style home with 3 bedrooms, 2 baths, 2 car garage, open floor plan, gas stove, stainless steel appliances, spacious master bedroom with walk-in closet on the main level, master bath has a large shower, laundry on the main level, lots of natural light, great views of the mountains, back deck with shades, unfinished basement, close to the front range for hiking or biking. Call (970) 590-4841 to schedule a private tour or click here for more information.

Ault Real Estate • September 26, 2022

Corner Lot on a 1/4 Acre in Ault

by Suzanne Ekeler

312 Linden Oaks Drive is a great ranch style home in a unique little town of Ault. This corner lot home that sits on nearly a 1/4 acre has 5 bedrooms, 3 bathrooms, master has a vaulted ceiling with a walk-in closet, laundry on the main level, hard wood floors, open concept, stainless steel appliances, walk-in pantry, European style cabinetry with 42″ upper cabinets and crown molding, wrap around counter layout for extra seating, 2 large areas in the basement, A/C, gas fireplace, oversized 2 car garage, kids playground, maturing trees, fenced yard. Come take a look at this home and make it your next home. Will not last long. Call (970) 590-4841 to schedule a private tour or click here for more information.

Greeley Real Estate • September 8, 2022

Well-Maintained Greeley Condo

by Suzanne Ekeler

This amazing, well maintained property is ready for the new owner. 5551 29th Street #212 is a ground level condo with 2 bedrooms, 2 bathrooms, walk-in-closets, gas fireplace, open floor plan, large kitchen with a pantry, washer/dryer, 1 car detached garage, front patio, community pool. Condo is in a great location. Come take a look. Call (970) 590-4841 to schedule a private tour or click here for more information.

Blog • Buyers • Colorado Real Estate • Friday Fun Facts • September 6, 2022

New Rankings

by Suzanne Ekeler

The latest Home Price Index report has just been released by the Federal Housing Finance Authority.

They track home price appreciation for the largest metropolitan areas in the U.S. plus state by state appreciation.

Here is the ranking of the top three states for price growth over the last twelve months:

1. Florida = 29%

2. Arizona = 26%

3. North Carolina = 25%

The bottom three states are:

50. North Dakota = 10%

49. Louisiana = 11%

48. Minnesotta = 11%

Colorado came in at #19 with 18% price growth over the last 12 months.

Eaton Real Estate • September 1, 2022

Adorable Ranch Style Gem

by Suzanne Ekeler

Welcome home to 460 Birch Avenue! This beautiful ranch style home that is all brick and provides 4 bedrooms, 2 baths, all wood floors throughout the main level, new updated kitchen, newer refrigerator, windows have been replaced, large living room, total 2436 sq ft with 2106 completed, 2 car garage, mature landscaping, nice large backyard and shed. No HOA or Metro Tax District. This home will not last long, come take a look. Call (970) 590-4841 to schedule a private tour or click here for more information.

Buyers • Buyers & Sellers • Colorado Real Estate • Greeley Real Estate • Johnstown Real Estate • Sellers • Severance Real Estate • Windsor Real Estate • August 29, 2022

Is the Shifting Market a Challenge or an Opportunity for Homebuyers?

by Suzanne Ekeler

If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer.

But what was once your greatest challenge may now be your greatest opportunity. Today, data shows buyer demand is moderating in the wake of higher mortgage rates. Here are a few reasons why this shift in the housing market is good news for your homebuying plans.

The Challenge

There were many reasons for the limited number of homes on the market during the pandemic, including a history of underbuilding new homes since the market crash in 2008. As the graph below shows, housing supply is well below what the market has seen for most of the past 10 years (see graph below):

The Opportunity

But that graph also shows a trend back up in the right direction this year. That’s because moderating demand is slowing the pace of home sales and that’s one of the reasons housing supply is finally able to grow. For you, that means you’ll have more options to choose from, so it shouldn’t be as difficult to find your next home as it has been recently.

And having more options may also lead to less intense bidding wars. Data from the Realtors Confidence Index from the National Association of Realtors (NAR) shows this trend has already begun. In their recent reports, bidding wars are easing month-over-month (see graph below):

If you’ve been outbid before or you’ve struggled to find a home that meets your needs, breathe a welcome sigh of relief. The big takeaway here is you have more options and less competition today.

Just remember, while easing, data shows multiple-offer scenarios are still happening – they’re just not as intense as they were over the past year. You should still lean on an agent to guide you through the process and help you make your strongest offer up front.

Bottom Line

If you’re still looking to make a move, it may be time to pick your home search back up today. Let’s connect to kick off the homebuying process.

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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

Greeley Real Estate • August 26, 2022

Ranch Style Home in Central Greeley

by Suzanne Ekeler

Amazing opportunity to own a ranch style home which sits on a .48 acres lot in central Greeley. 4908 W 23rd Street Road is a corner lot home that has 3 bedrooms (with a 4th bedroom ready for completion), 3 bathrooms, an amazing 22×15 foot attached workshop with heater, whole house fan, mature landscaping, covered patio, 2 sheds (11×10 & 14×8), 2 car attached, heated garage, walking distance to Monfort park, close to Highland Hills golf course and many different shops & restaurants. No HOA and No Metro Tax. This will not last long. Call (970) 590-4841 to schedule a private tour or click here for more information.