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Fun Facts 2.5 Per Household On average, up and down the Front Range, there are 2.5 people living in each household. This is an important number to know as you read the stories about census data and population growth. Obviously, as the population grows, housing needs also grow. For every 100 people added to the population, there needs to be […]
Fun Facts More New Nationally, new home inventory as a percentage of the total inventory just hit a record high. 26% of all properties currently available for sale are brand-new homes. To put this in perspective, in 2018 it was 14%. From 2000 to 2008 it bounced between 10% and 15% Locally, we notice even higher numbers. In Larimer […]
Fun Facts In Demand For evidence that the Front Range is a desirable place to live and own real estate, look no further than the average price of our real estate. According to the National Association of Realtors, the average price of a home in the United States is $486,000. Compare that to the average price in our major […]
Fun Facts Not As Different Real Estate in the first part of 2023 along the Front Range is certainly different than the first part of 2022.  But, in terms of number of transactions, it is not as different as one might guess. Yes, higher interest rates and lower inventory has caused the number of transactions to be less than last […]
Fun Facts More Buyers Than Sellers The real estate market today, quite simply, has more buyers than sellers. Let’s be clear, this is not the heated market of 2021 and 2022. However, the market is undersupplied in most price ranges and most locations. The National Association of Realtors just reported that the number of new listings hitting the market each week […]
Sellers How to Declutter Before Selling Your Home To sell your home for the best price, it needs to be in pristine condition. You’ll work with your agent to identify high-ROI remodeling projects and various ways to improve the property, but all that is a moot point if you don’t declutter before selling your home. Here are some helpful tips to get started. Preparing to […]
Fun Facts Dropping Inventory Breaking News – months of inventory has dropped significantly signifying an uptick in real estate activity along the Front Range.‘Months of inventory’ is an important statistic and something we commonly talk about in this blog. It simply measures how long it would take to sell all of the homes currently for sale at the current pace […]
Fun Facts Picking up Steam In a market that seems abnormal to a lot of people, we notice a very normal trend right now.  As we head into Spring, activity is picking up. This happens pretty much every Spring and it is happening again. When we measure the number of properties under contract, which are set to close in the […]
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Housing Market Will Rising Foreclosures Impact the Housing Market? How will rising foreclosures impact the U.S. housing market? To give his answer, Windermere Chief Economist Matthew Gardner sheds light on the latest foreclosure data and shows how prepared home buyers are to manage their mortgage debt today compared to the 2000s. This video on foreclosures is the latest in our Monday with Matthew series […]
Fun Facts No Middle Class “The middle class is going away” is an often-used adage when talking about society. It is also a good way to describe today’s real estate market.  When it comes to properties for sale, the middle class has gone away.There is a class of listings which are priced to the market, in great condition, with world-class marketing.Then, […]
Sellers 8 Tips for First-Time Home Sellers You’ve seen “For Sale” signs around your neighborhood, but what does it take to actually put your home on the market? First-time home sellers often enter the selling process unaware of what’s to come, their heads full of questions. Understanding the selling process will inform your conversations with your real estate agent and will help […]
Fun Facts March Madness When things get crazy on Wall Street, it’s often good for real estate. Uncertainty in the stock market attracts investors to the stability offered by Treasury Bonds. Higher demand for bonds means lower interest rates which is obviously good for real estate buyers. “Turbulence in the financial markets is putting significant downward pressure on rates” […]
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