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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 […]
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. […]
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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 […]
Uncategorized FUNdamentals   In times of change (like now), it’s valuable to look at the fundamentals of our market. Let’s have some fun with fundamentals… 1.  Our economy is healthy – since 1990, the unemployment rate in Colorado has never been higher than the U.S. unemployment rate.  Ever.  Unemployment in Colorado sits at 2.7% today while the rate across the U.S. […]
Uncategorized A History Lesson One of the most common questions we hear from clients is “Where do you think interest rates are going?” Virtually all of the experts we follow put rates above 5% going into next year and some see rates approaching 5.5% by the middle of 2019. What’s certain is that there are economic forces at work […]
Uncategorized It Starts Here What’s Starting? Here are some interesting stats from our friends at Metro Study who study new home activity along the Front Range. • New home starts are up 14% compared to last year – this is really good news and is helping to relieve the shortage of housing inventory • Every product type saw an […]
Uncategorized The Cost Of Waiting The Cost of Waiting It’s true, certain parts of our market are cooling off. We are seeing fewer multiple offers, fewer bidding wars, and fewer inspection concessions. However, homes that are priced right and in great condition are selling, and in many cases, selling quickly. As buyers feel the market cool a bit, it may […]
Uncategorized At Least List Here’s a stat you’ve heard from us before… It’s called “At Least List” It measures how active the market is by tracking the number of single family homes that sell for at least list price. Because of the demand in our market, many homes sell for list price or higher. So here’s the latest based on closings […]
Uncategorized 2018 Market Forecast Our Forecast Last night was our annual Market Forecast event. Thank you to the 400 clients and friends who joined us at the Marriott. Here are our predictions for where prices are going in 2018: Fort Collins 8% Loveland 7% Greeley 9% Last year’s average price increases looked like this: Fort Collins 7% Loveland 8% Greeley 11% […]