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Uncategorized 107 Months Straight According to research from the National Association of Realtors, home prices have appreciated for 107 straight months.   The median price in the U.S. is now $309,000.   The U.S. region with the highest median price is the West at $461,800. The lowest is in the South at $263,300.   All regions showed double-digit price […]
Uncategorized 2021 Interest Rate Prediction Where are interest rates headed? This question was one of many which were addressed during our annual Market Forecast yesterday. Our Chief Economist, Matthew Gardner, provided insight on rates, prices, inventory and many other fascinating topics. Matthew’s prediction is for rates to creep up to 3.07% by the end of 2021.  They are currently at […]
Uncategorized Inverted Typically, in the Front Range Market, the number of new listings will exceed the number of closings on a monthly basis. Meaning, the amount of properties that hit the market in a given month will be higher than the amount of properties that sell in that month. It is normal to have the ‘inflow’ exceed the […]
Uncategorized Supporting Our Community   Our heart goes out to all the people affected by the wildfires along the Front Range and in our mountain communities. We are also so appreciative of the brave men and women who are helping protect people and property from the fires. We want to help and we want to ask for your help. […]
Uncategorized At Least List Periodically we track a stat which we find to be quite interesting. It answers this question – how many properties are selling for at least list price (asking price or higher)? This stat tells us how active the market is and helps our buyers to realize that, in some cases, they will be in a […]
Uncategorized I hate to burst your bubble… Every so often we will hear a concern that another housing bubble is forming. To help answer that question it’s valuable to look at the reasons that caused the last one. There were three main drivers of the bubble that burst in 2008: Easy Credit – loans were very easy to attain Over-Leverage – people […]
Uncategorized Affordability Housing affordability is a hot topic especially after the strong price appreciation that has occurred in our market over the last 7 years. Here’s some interesting research on affordability… Each quarter the National Association of Home Builders measures affordability in hundreds of markets across the Country. Their method is to count the number of homes in […]
Uncategorized Rate Forecast Here is our interest rate Forecast for the next year. Our Chief Economist, Matthew Gardner, predicts that rates for a 30-year fixed mortgage will stay between 3.8% and 3.9% for 2020. He doesn’t see rates going above 4.0% until at least the first quarter of 2021. This is obviously great news for buyers as their […]
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Uncategorized Setting intentions in 2020 January is heaven for me. I’m a goal-setter, a journal-writer, a vision board-er. I love my life but I can always think of a dozen adjustments I’d like to make, and I live for that “fresh start” feeling that the new year brings. This year, my biggest goal (I prefer “goal” to “resolution”) is all […]
Uncategorized The Millennial Buyer Millennials often get a bad rap.  One of the myths about Millennials is that they don’t own homes and will be renters forever. Not true!  Especially on the Front Range of Colorado. Based on research by our very own Chief Economist, Matthew Gardner, Millennials make up a significant percentage of all home buyers in Metro […]
Uncategorized Zero Correlation It’s an election year which means that our clients are asking us if election years impact real estate. According to research done by Real Trends there is zero correlation between election years and the number of transactions in the market compared to non-election years. They found that sales were down in 1980, 1988, and 2008 compared to […]
Uncategorized Big Numbers It turns out a lot of real estate changes hands over the course of a year in our market. In 2019 Metro Denver had… Over 56,000 residential sales Over $28 Billion of residential sales volume Overall, 2019 saw a slight increase in the number of transactions compared to 2018 and approximately a 5% increase in […]
Uncategorized Was your Thanksgiving full of pie and gratitude? (Mine was!) I hope your Thanksgiving was simply wonderful, full of good food and quality time. One of my favorite traditions at Windermere is our pre-Thanksgiving pumpkin pie giveaway. I always love having a chance to slow down, reconnect with my clients and friends (and, as is often the case, client-friends!), and show my appreciation for the […]
Uncategorized Photo time! 3 ways my new headshots represent me I was overdue for some new professional headshots! I recently had the pleasure of working with Jen at Blue Sage Photography on a new series of photos that I simply love — not only are they professionally shot, but they are so me. Here are 3 ways that my new photos represent me: The photographer. […]
Uncategorized A guided wine tour in Windsor Oh Windsor, you get me. On Thursday, November 14th at 6:30pm, Windsor’s Toast Coffee & Wine Bar is hosting a delicious-sounding guided wine tour, pairing six wines with appetizers inspired by Thanksgiving. Sommelier Hillary Siebels is visiting Toast for this event, which promises to be beginner-friendly — “You don’t have to know much about wine […]
Uncategorized 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 […]
Colorado Springs Free Activities in Colorado Springs I may live and work in Fort Collins but a huge piece of my heart is in Colorado Springs, where I grew up and where much of my family still lives. I love this post from UCHealth detailing 5 free things to do in Colorado Springs — they cover Garden of the Gods, the U.S. […]
Uncategorized 6 signs that autumn is around the corner The moment that school begins, everyone’s calendars seem to flip to autumn. Fall technically arrives on September 23rd, and here are a few upcoming events that have clued me in that Colorado is ready: Fort Collins Water Lantern Festival. (Sept 21) Picture a clear night and a beautiful lake covered with glowing lanterns. Doesn’t that […]
Uncategorized Exploring Colorado through yoga Red Rocks Amphitheater. Garden of the Gods. Yampa River Botanic Park. These places all conjure up images of gorgeous landscapes under bright Colorado skies — which makes them wonderful places to do yoga! I am loving this article from UCHealth, “Outdoor yoga: Top spots from Red Rocks to your park or county fair,” which includes […]
Uncategorized Military Appreciation Month at Colorado State Parks Did you know that all Colorado State Parks celebrate Military Appreciation Month in August? Here is how you can take advantage of the parks’ free admission this month (details and image courtesy of Lory State Park): Stop by any Colorado Parks and wildlife locations show one of the following: CAC Card DD Form 2 (reserve […]