Are we in a housing bubble? Is there a recession coming?

Thu, January 16, 2020 | 5:30 PM – 7:00 PM MST


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Learn the answers to those questions plus more at this fun, interactive, informative presentation full of valuable takeaways featuring Windermere Real Estate’s Chief Economist Matthew Gardner. Hear hyper-local stats and facts as well as national information about the real estate, employment and financial markets.

Reception to follow! Please stay after the presentation and join us for complimentary hors d’oeuvres and drinks.


REGISTER HERE


Posted on January 2, 2020 at 8:33 pm
Stephanie Woodard | Posted in economy, For Buyers, For Sellers, Housing Trends | Tagged , , , , , , , , , , ,

Charming Updated Home in Fort Collins!

Great location!! Located only two and a half blocks from the Max and five mins from shopping at the Foothills Mall at 2904 Eagle Drive in Fort Collins. Four bedrooms, 2 bathrooms and a 2 car garage awaits! No HOA. New interior paint. Enjoy the updated kitchen, stainless steel appliances, bamboo floors, and a tankless hot-water heater. Large fenced backyard for your entertainment. Call for your private showing at (970) 215-2676 for more information or click the link below for more details.

http://windermerewindsor.com/listing/104034124


Posted on December 27, 2019 at 4:45 pm
Stephanie Woodard | Posted in Fort Collins Real Estate, Virtual Tours | Tagged , , , , , , , , , , , , ,

Friday Fun Facts – The 12 Facts of Real Estate

While your true love may be getting you a partridge in a pear tree in the near future, we decided to give you the 12 facts of Colorado real estate:

  • 1 is the ranking Colorado owns for long-term home price appreciation versus all other states
  • 2.6% unemployment rate in Colorado right now
  • 3.73% mortgage rate for a 30-year mortgage which is about half of the long term average
  • 4.7% apartment vacancy rate in Metro Denver, the lowest since 2015
  • 5.5% is the long-term average for yearly home price appreciation along the Front Range
  • 6,000,000 live in Colorado
  • 7,000 residential properties are for sale in Metro Denver right now and the average for this time of year is 14,700
  • 80,000 is the number of people that is added to our state’s population each year
  • 9 homes are for sale in Larimer and Weld County priced over $2,500,000
  • -10% is the decrease in new home construction in Larimer County compared to last year while Weld County grew by 17%
  • 11 times in the last 40 years home prices have gone up at least 8% along the Front Range
  • $1,202,488 is the average price for a single-family home in the City of Boulder

 

It’s time to register for our annual Market Forecast event.  We will be live at 5:30 on January 16th at the Marriott in Fort Collins.  Back by popular demand is our Chief Economist Matthew Gardner.  Save your seat HERE.


Posted on December 20, 2019 at 10:59 pm
Stephanie Woodard | Posted in Housing Trends, Living, Northern Colorado Real Estate | Tagged , , , ,

Friday Fun Facts – Vital Signs of the Market

First, Larimer County:

  • Average prices are up 2.4%
  • Number of transactions is down 2.5%
  • Inventory is up 11.9%
  • Days on market is up 4.1%

Now, Weld County:

  • Average prices are up 4.3%
  • Number of transactions is up 3.6%
  • Inventory is up 12.9%
  • Days on market is flat (same as last year)

What this means is prices are still going up, just not as fast as they were a couple of years ago.  More inventory is coming on the market which is great news for buyers


Posted on December 13, 2019 at 6:51 pm
Stephanie Woodard | Posted in For Buyers, For Sellers, Housing Trends, Northern Colorado Real Estate | Tagged , , , , ,

Charming Two Story Home in Loveland!

Come enjoy your new home in the Park Hill neighborhood in at 2514 Fairplay Drive in Loveland! This home offers a lot of space. Complete with a large backyard, a spacious kitchen, and two separate living areas. The basement is set up for a full kitchen and living room. The roof was replaced in fall of 2019. This lot offers mature landscaping with great shade trees. Call for your private showing at (970) 215-2676 for more information or click the link below for more details.

http://windermerewindsor.com/listing/103083605


Posted on December 9, 2019 at 11:00 pm
Stephanie Woodard | Posted in Loveland Real Estate, Virtual Tours | Tagged , , , , , , , , , , , ,

Friday Fun Facts – Job News

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There is an abundance of great news when it comes to employment in Colorado.

The unemployment rate is incredibly low at 2.7% which is almost a full percentage point lower than the U.S. average.

According to the Bureau of Labor Statistics, Metro Denver added 28,300 jobs over the last year which ranks 15th out of all metropolitan areas nation-wide, many of which have much larger populations than Denver.

While this is positive news, what is even more remarkable is what is happening in the other, smaller cities along the Front Range.

Anytime job growth exceeds 2.0% per year, it is a sign of a very healthy economy.  Here is what the other Cities have seen in terms of job growth over the last 12 months.

  • Fort Collins 2.6%
  • Greeley 2.5%
  • Colorado Springs 1.9%

If you want to see even more insights about the Colorado market so that you can make really good decisions about your real estate, you are welcome to watch this complimentary webinar, just click HERE.


Posted on November 22, 2019 at 1:57 pm
Stephanie Woodard | Posted in economy, Living | Tagged , ,

Friday Fun Facts – A Tale of Two Counties

 

 

Two Tales

This is a tale of two Counties.

When it comes to new home activity, there is a big difference between Larimer and Weld Counties.

Larimer County new home starts are down 10% and new home closings are down 15% compared to last year.

Weld County new home starts are up 18% and new home closings are up 8% compared to last year.

This is all according to the new home research experts and Metrostudy.

So why the difference?  It comes down to price and availability.

There is more land available for new home development in Weld County.

Plus, the land tends to be less-expensive than Larimer which means that builders can deliver a lower-priced product and reach a larger pool of buyers.

The average price of a new home in Larimer County is $507,105 while the average new home price in Weld is $411,269.

If you want to see even more insights about the Colorado market so that you can make really good decisions about your real estate, you are welcome to watch this complimentary webinar, just click HERE.


Welcome to Friday Fun Facts

Thanks for checking out this week’s Friday Fun Facts!

These little nuggets of information are designed to inform, education and entertain you. I promise to give you some solid takeaways, based on real life with information that will keep you up-to-date.

You can expect an entertaining short video or article once a week.. If you really like it, share it with your friends!

*If this isn’t your thing, no worries – just click the unsubscribe link below.*

 

Posted on November 15, 2019 at 2:09 pm
John Taylor | Category: For BuyersFor Sellersfun factsHousing TrendsNorthern Colorado Real Estate | Tagged 

Posted on November 15, 2019 at 2:30 pm
Stephanie Woodard | Posted in For Buyers, For Sellers, Housing Trends, Northern Colorado Real Estate | Tagged , , ,

Friday Fun Facts – All Time High

Home Builder’s confidence in Baby Boomer buyers is at an all time high!

The National Association of Home Builders (NAHB) surveys their members each quarter to discover what they expect of future sales.

The builders base a large part of their answer on how many people are visiting their sales centers and model homes versus the same time last year.

The results in their most recent survey show that builders have never been more confident about buyers who are 55 and older.

The confidence index for this age group is actually double of what it was in 2012.  The NAHB sites low interest rates and strong job growth as the reasons for the high confidence.


 


Posted on November 8, 2019 at 6:57 pm
Stephanie Woodard | Posted in For Buyers, Housing Trends | Tagged , , , , ,

Charming Ranch Style Home in Milliken!

This Harris home at 1555 Cattleman Drive in Milliken features vaulted ceilings, wood and tile flooring. Your new home is complete with a privacy fence in the back yard and is conveniently located at the end of a cul-de-sac. Complete with a Tesla solar system, please inquire with the listing agent for more details on the solar system. Call for your private showing at (970) 215-2676 for more information or click the link below for more details.

http://windermerewindsor.com/listing/101872132


Posted on November 6, 2019 at 11:07 pm
Stephanie Woodard | Posted in Milliken Real Estate, Virtual Tours | Tagged , , , , , , , , ,

Friday Fun Facts – The Holidays are the Best Time to Purchase!

Time for New

Here is a fact…

If you have ever thought about owning a new home, the last two months of the year are usually the best time to make that happen.

Here’s why…

Many builders have year-end goals and sales quotas to hit.  If they have a “standing inventory” of homes that are completed but not sold, they are typically motivated to sell these homes by the end of the year.

This dynamic can be especially true for publicly-traded builders who are even more motivated to hit year-end sales numbers.

Up and down the Front Range there are beautiful new homes in fantastic neighborhoods.  The builders of these homes may be happy to make concessions and provide incentives as long as you close by year-end.

We just recently helped a buyer with a very compelling incentive package from a builder which included a lower price, additional landscaping and window coverings.

If you would like more details about these kinds of opportunities, reach out and we can help.


If you want to see even more insights about the Colorado market so that you can make really good decisions about your real estate, you are welcome to watch this complimentary webinar, just click HERE.



Posted on November 1, 2019 at 1:29 pm
Stephanie Woodard | Posted in For Buyers, Housing Trends, Northern Colorado Real Estate | Tagged , , ,