Fort Collins Real Estate Cozy + Centrally Located Can’t beat this central location in Fort Collins! 2708 Killdeer Drive is a tri level home in the Meadowlark neighborhood that sits on a fully fenced large lot with mature trees and 2 storage sheds. The added sunroom provides great space to relax. Main level large living room has loads of natural light. Upstairs has […]
Virtual Tour Charming Ridge At Harmony Property 5425 Bexley Drive backs up to green space and is located in the desirable Ridge At Harmony neighborhood. The main level features engineered hardwood flooring, updated lighting fixtures and custom wall panel wainscoting. Enjoy the spacious eat in kitchen w/ large island, stainless appliances, walk in pantry and quartz countertops. The open concept kitchen/living room […]
Virtual Tour Light and Bright One-Owner Home 1514 Harpendon Court is a one owner home that has been meticulously maintained and shows pride of ownership throughout! Situated on a corner lot that backs to open space, this light and bright open floor plan features acacia hardwood floors on main level and updated lighting throughout. Gourmet eat in kitchen boasts italian granite countertops, […]
Windsor Real Estate Meticulously Maintained Ranch 4616 Pompano Drive is a meticulously maintained ranch situated on a corner lot with finished walkout basement. Custom built with beautiful knotty alder finishes, cherry floors, 2 master suites, oversized 3 car garage and an elevator! Both master suites have access to deck or patio. Main level features 2 bedrooms (or office), gourmet eat-in kitchen […]
Real Estate News Active Average While we frequently research and discuss average prices for properties that sell, it is also interesting to look at the average prices for properties that are active on the market but not sold yet. These are the average prices, by area, for properties currently listed for sale and not sold yet: Metro Denver = $954,000 […]
Real Estate News No Foolin’ This is not an April Fool’s joke. Average prices in Metro Denver just exceeded $700,000 in Metro Denver.  Larimer County isn’t far behind. For the month of March, the average residential sales price in the 5-county Metro Area was $704,000.  This does not include Boulder County. Larimer County was $691,000 and we expect to see […]
Buyers New Construction: Why Work with a Buyer’s Agent? If you’re a buyer, you may have considered purchasing a new construction home. After touring the model home and talking to the builder’s sales representatives, you begin to wonder if it’s necessary to work with a buyer’s agent. Although it’s possible to move forward with the purchase of a new construction home without a buyer’s […]
Real Estate Rate Perspective 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 8.15% and the […]
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Buyers Buy Before 5 30-year mortgage rates just exceeded 4% for the first time in three years according to Freddie Mac. We have new advice for anyone considering a home purchase in the next couple of years. Buy before 5.  This means buy before rates go to 5%. Even though rates have been ticking up over the last several […]
Homeowners 3.2 Trillion The new CoreLogic Homeowner Equity Insights report shows that homeowners in the U.S. have seen their equity increase by a total of $3.2 trillion over the last 12 months. Their data shows that 63% of all homes have a mortgage. On average, U.S. homeowners gained $55,000 while the average increase in Colorado was higher at […]
Housing Trends 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 […]
Housing Trends War and Interest Rates Our clients are curious to know what the conflict in the Ukraine will mean for mortgage rates. The short answer is down in the near term and up in the long term. Generally speaking, economic and political uncertainty drive people to invest in bonds rather than stocks, which puts downward pressure on interest rates. So, […]
Fun Facts 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 […]
Housing Trends Rent Record Records continue to be broken in real estate, including the rental market. Rents just rose another $2 per month to $1,594, a new record. The annual rent growth of 13.5% nationally in 2021 was more than double any previous year, and apartment absorption counted nearly 600,000 units, which is roughly 50 percent more than the […]
Northern Colorado Real Estate 2022 Forecast Yesterday we held the annual Real Estate Market Forecast with our Chief Economist, Matthew Gardner. To get the recording of the full presentation, please reach out to your Windermere real estate broker. Here are some of the big takeaways from Matthew: The national economy is very strong and the rate of inflation is expected to […]
Fort Collins Real Estate Location, Location, Location! 3051 Sage Creek Road C18, Fort Collins, CO 80528 is in a prime location in Southeast Fort Collins! This townhome is situated within walking distance to schools, parks & walking trails w/easy access to shopping, dining and I-25. Two master suites on upper level. A fully finished basement providing add’l living space and 3/4 bath. […]
Northern Colorado Real Estate Steady Stream Despite the extraordinarily low amount of standing inventory, it is important to understand there is still a steady stream of new inventory hitting the market. Inventory is low. That is a reality. New inventory is coming on the market at essentially the same pace as compared to the last few years. That is also a […]
Community Wildfire Preparation and Evacuation Tips Image Source: Getty Images As wildfires rage throughout the West Coast, many homeowners are being evacuated from their homes, while others stand by for information as the spread continues. The following tips are meant to inform your household’s wildfire evacuation protocol, whatever your evacuation timeline may be.    Immediate evacuation Evacuation orders come from local […]
Housing Trends Standing Low The standing inventory of residential properties currently for sale is staggeringly low. The number of active properties for sale is almost 90% below the average for this time of year. In Metro Denver, there are 1,144 residential properties for sale today. In Larimer County, there are 136 and in Weld County there are 174.  Current […]
Northern Colorado Real Estate Housing Inventory Many of our clients wonder if the current pace of price growth can continue.  Some even ask if prices will decline this year.  Based on researching the Case-Shiller Home Price index and the National Association of Realtors home inventory data, there must be at least 6 months of inventory in a market for prices to […]