Luxury Spotlight

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Luxury Spotlight

So how’s the luxury market? Let’s look…

Today there are 88 single family homes for sale in Larimer and Weld County priced at $1 Million and above.

Over the last year, 63 of these properties have sold.

This means it would take 17 months to sell all of these luxury properties at the current pace of sales.

Where do most of these sales occur? The most active city is Fort Collins with 18 luxury sales followed by Loveland with 13.

The most active neighborhood in all of Northern Colorado for luxury properties is the Harmony Club in Timnath with 8 sales.

Windermere Real Estate is proud to have represented the most expensive home to sell in Northern Colorado in the last two years – a $2,800,000 property in the Harmony Club which featured a gourmet French Kitchen, reclaimed barnwood floors and handmade peg wood beams.

Contact us to learn more about our Premier Properties program which is custom designed to sell luxury homes.


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.*


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Free Investor Resource

Learn the 5 essential steps to real estate investing in Northern Colorado. See how to create monthly residual income. Gain clarity and confidence in the Northern Colorado investment market. Avoid common investing pitfalls.

Click below for your free access to the one hour online lesson; plus enjoy additional resources.

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Windermere Professional Development – 5424 Sand Point Way, Seattle, Washington 98105 United States (800) 381-3850


In our March issue of the Windermere Report, we will take a close look at what’s happening in Larimer and Weld County real estate.

If you’re not already receiving this monthly printed newsletter designed to keep you informed, educated and entertained on real estate, I will put you on our list!

Simply Email me and I will get one in your hands right away. Meagang@windermere.com

Posted on March 8, 2017 at 5:46 am
Meagan Griesel | Category: Colorado Real Estate, Fort Collins Real Estate, Fun Facts, Northern Colorado Real Estate, Uncategorized | Tagged , , , , , ,

The Next Boulder?

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The Next Boulder?

The hottest question we get in Northern Colorado is this “do you think Fort Collins is the next Boulder?”

Let’s look closely at that question and start with what is similar. They are both beautiful college towns nestled against the foothills. They both have affordability issues which push real estate buyers to satellite communities (what is happening in Wellington is not unlike what happened in Louisville).

Yet there are differences at a fundamental level that will forever keep these two places very different from each other. For example, the average Household Income in Boulder is 60% higher than Fort Collins. Here is another big deal: Boulder is only half the size of Fort Collins (25 square miles versus 57 square miles). And get this, the City of Boulder owns 71 square miles of open space in and around the City.

Essentially Boulder is a small island surrounded by an ocean of open space inhabited by very high income-earners. That is why the average price of a single family home in Boulder is now over $1 million.

We put together a short video which shows you more detail about this hot question. You can watch it 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.*


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Free Investor Resource

Learn the 5 essential steps to real estate investing in Northern Colorado. See how to create monthly residual income. Gain clarity and confidence in the Northern Colorado investment market. Avoid common investing pitfalls.

Click below for your free access to the one hour online lesson; plus enjoy additional resources.

Unsubscribe

Windermere Professional Development – 5424 Sand Point Way, Seattle, Washington 98105 United States (800) 381-3850


In our March issue of the Windermere Report, we will take a close look at what’s happening in Larimer and Weld County real estate.

If you’re not already receiving this monthly printed newsletter designed to keep you informed, educated and entertained on real estate, I will put you on our list!

Simply Email me and I will get one in your hands right away. Meagang@windermere.com

Posted on February 28, 2017 at 8:19 pm
Meagan Griesel | Category: Colorado Real Estate, Fort Collins Real Estate, Fun Facts, Loveland Real Estate, Northern Colorado Real Estate, Uncategorized | Tagged , , , , ,

Love Loveland!

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Love Loveland

It’s Valentine’s Day and Loveland Colorado is the place to be.

Loveland has certainly been a hot place to own real estate over the last 5 years. The median price was $192,500 in 2012 and today it is $315,000. That’s a $122,500 increase. We love it!

It also looks like it will be the place to be in the future. One of the many exciting developments on the horizon in Loveland is The Foundry.

The Foundry will revitalize Loveland’s historic downtown. Three empty city blocks will soon transform into a movie theater, apartments, offices, retailers and parking to support the increased traffic coming to the new epicenter of entertainment in downtown Loveland. Exciting stuff!

Loveland and Northern Colorado is one of the Front Range markets featured in our latest real estate report. It is written by our Cheif Economist Matthew Gardner and you can get it by clicking here: The Gardner Report


In our February issue of the Windermere Report, we will take a close look at what’s happening in Larimer and Weld County real estate.

If you’re not already receiving this monthly printed newsletter designed to keep you informed, educated and entertained on real estate, I will put you on our list!

Simply Email me and I will get one in your hands right away. Meagang@windermere.com

Posted on February 15, 2017 at 12:51 am
Meagan Griesel | Category: Blog, Colorado Real Estate, Loveland Real Estate, Northern Colorado Real Estate, Uncategorized | Tagged , , , , ,

Prices Continue to Pop in 2017

Real Estate Prices in Larimer and Weld Counties Are Up Double-Digits

Fort Collins, Colo. (Feb. 7, 2017) – Continuing a trend that started four years ago, average residential real estate prices in January 2017 increased by double-digits compared to one year ago. Larimer County’s prices are 10.5% higher than last January and Weld County’s are up even more at 12.8%.

The average price of a property in Larimer County so far this year is $378,253 and in Weld County it is $310,948. Both Counties have seen their residential average prices go up by almost $100,000 in just three years.

“For three years now we have had the perfect storm to cause prices to increase at a rate that is double the long-term average. Northern Colorado is in the top-10 nationally for fastest growing communities, we have an incredibly healthy economy with high employment, interest rates that are roughly half of the long term average, and very few homes to pick from,” said Eric Thompson president of Windermere Real Estate in Colorado.

“The inventory of listings is especially low in the lower price points. For example, if someone wanted to buy a single-family home in Fort Collins under $300,000 they would have five listings to choose from today. Greeley has 33 homes at that price point,” Thompson said. “These dynamics create a unique opportunity for move up buyers to capture the appreciation in their home and leverage the low interest rates to buy the home of their dreams.”

Even though the number of homes available for sale across Larimer and Weld Counties may be down, Windermere Real Estate in Northern Colorado saw their January closed transactions increase 48% compared to last year. Their new written contracts are up even more at 110% compared to 2016.

About Windermere Colorado:

Since its inception in 1972, Windermere Real Estate has grown to be a network of 300 offices with more than 7,000 agents by focusing on three basic principles: hire the best people, give them the best tools and create thriving communities. Windermere’s growth has allowed them to expand into the Colorado market led by Eric Thompson, President of Windermere Colorado. For more information, visit www.windermerecolorado.com.

About Windermere Real Estate

Windermere Real Estate is ranked the largest regional real estate company in the Western U.S. serving communities in Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington and Mexico. The Windermere family has a proud heritage of serving our neighbors via the Windermere Foundation, which funds services for low-income and homeless families. Since 1989, the Windermere Foundation has contributed more than 28 million dollars towards improving lives in the communities where we live and work. For more information, visit www.windermerecolorado.com.

Posted on February 7, 2017 at 11:02 pm
Meagan Griesel | Category: Blog, Colorado Real Estate, Fort Collins Real Estate, Loveland Real Estate, Northern Colorado Real Estate | Tagged , , , , , , , , ,

Our Crystal Ball

Last month Windermere’s Chief Economist Matthew Gardner joined us for our annual Market Forecast events in Colorado. We were pleased to host over 500 customers at two events in Denver and Fort Collins.

Here are some of the big takeaways that we shared:

  • Interest rates will increase to 4.6% by the end of the year
  • First-time buyers are back and will make up 47% of all buyers in 2017
  • Inventory will remain at record lows and will continue to drive up prices
  • Appreciation is expected to be between 9% and 7% accross our Front Range markets
  • Home builders will get creative in order to hit lower price points – we will see more “tiny homes” and more homes without basements

Click HERE to see Matthew Gardner’s infographic on the 2017 Forecast.

Posted on February 7, 2017 at 10:54 pm
Meagan Griesel | Category: Blog, Colorado Real Estate, Fort Collins Real Estate, Loveland Real Estate, Northern Colorado Real Estate | Tagged , , , , , , , , , ,

Limited Choices

imageLimited Choices

Pretend that customer walks into our office and tells us they are looking for a single family home in Fort Collins. We would tell them that there are 314 to choose from. But if they told us their price range is up to $300,000, their choices would be limited to just 10 homes.

Single family homes priced under $300,000 only represent 3.18% of the total inventory in Fort Collins. This is a big reason why buyers are opening up their search to communities that surround Fort Collins.

Here’s a snapshot of the major Northern Colorado markets:

  • Loveland: 176 Homes For Sale/15 Priced Under $300,000
  • Windsor: 151 Homes For Sale/6 Priced Under $300,000
  • Greeley: 98 Homes For Sale/33 Priced Under $300,000
  • Fort Collins: 314 Homes For Sale/10 Priced Under $300,000

What’s important to know is today’s market dynamics create an ideal scenario for the move up buyer to use the equity in their home, leverage the low interest rates, and buy the home of their dreams.


In our February issue of the Windermere Report, we will take a close look at what’s happening in Larimer and Weld County real estate.

If you’re not already receiving this monthly printed newsletter designed to keep you informed, educated and entertained on real estate, I will put you on our list!

Simply Email me and I will get one in your hands right away. Meagang@windermere.com


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.*

image

Free Investor Resource

Learn the 5 essential steps to real estate investing in Northern Colorado. See how to create monthly residual income. Gain clarity and confidence in the Northern Colorado investment market. Avoid common investing pitfalls.

Click below for your free access to the one hour online lesson; plus enjoy additional resources.

Posted on February 7, 2017 at 10:09 pm
Meagan Griesel | Category: Blog, Colorado Real Estate, Fort Collins Real Estate, Fun Facts, Loveland Real Estate, Northern Colorado Real Estate, Uncategorized | Tagged , , , , , ,

100K

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100K

The City Manager for Fort Collins, Darin Atteberry, recently visited our weekly sales meeting. He had several interesting and valuable facts to share, including this…

Based on the City’s research, Fort Collins will grow by 100,000 people over the next 25 to 32 years. That will bring the population to approximately 255,000 people. It means Fort Collins will essentially add the equivalent of Boulder’s population over the next two and a half decades.

100,000 people will require 40,000 housing units. That equates to 1,600 new homes/apartments/condominiums/etc. per year for the next 25 years.

Wow!

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Register for our annual Real Estate Market Forecast events! We will be in Denver January 18th and in Fort Collins January 19th starting at 5:30 pm.. Back by popular demand is our Cheif Economist Matthew Gardner. Seating is limited.

Sign up at www.windermereforecast.com

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In our December issue of the Windermere Report, we will take a close look at what’s happening in Larimer and Weld County real estate.

If you’re not already receiving this monthly printed newsletter designed to keep you informed, educated and entertained on real estate, I will put you on our list!

Simply Email me and I will get one in your hands right away. Meagang@windermere.com

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.*

image

Free Investor Resource

Learn the 5 essential steps to real estate investing in Northern Colorado. See how to create monthly residual income. Gain clarity and confidence in the Northern Colorado investment market. Avoid common investing pitfalls.

Click below for your free access to the one hour online lesson; plus enjoy additional resources.

unsubscribe

Posted on December 6, 2016 at 8:13 pm
Meagan Griesel | Category: Blog, Colorado Real Estate, Fort Collins Real Estate, Fun Facts, Northern Colorado Real Estate, Uncategorized | Tagged , , , ,

Upping the Pace

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Upping the Pace

Nationally, the real estate market is on pace for 5.6 million home sales. That is the highest pace we’ve seen since 2007.

A little perspective – 5 years ago the pace was roughly 4.5 million sales and ten years ago it was roughly 6 million sales.

The highest it has ever been is the Spring of 2005 when it topped 7 million sales.

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Register for our annual Real Estate Market Forecast events! We will be in Denver January 18th and in Fort Collins January 19th starting at 5:30 pm.. Back by popular demand is our Cheif Economist Matthew Gardner. Seating is limited.

Sign up at www.windermereforecast.com

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In our November issue of the Windermere Report, we will take a close look at what’s happening in Larimer and Weld County real estate.

If you’re not already receiving this monthly printed newsletter designed to keep you informed, educated and entertained on real estate, I will put you on our list!

Simply Email me and I will get one in your hands right away. Meagang@windermere.com

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.*

 

 

 

 

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Free Investor Resource

Learn the 5 essential steps to real estate investing in Northern Colorado. See how to create monthly residual income. Gain clarity and confidence in the Northern Colorado investment market. Avoid common investing pitfalls.

Click below for your free access to the one hour online lesson; plus enjoy additional resources.

unsubscribe

Posted on November 29, 2016 at 11:28 pm
Meagan Griesel | Category: Blog, Colorado Real Estate, Fort Collins Real Estate, Fun Facts, Loveland Real Estate, Northern Colorado Real Estate, Uncategorized | Tagged , , , , , , ,

The Trump Tantrum

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The Trump Tantrum

Since the election interest rates have jumped from 3.77% to 3.95% according to the Mortgage Bankers Association.

“This week’s increase in mortgage rates, being dubbed the ‘Trump Tantrum,’ is the biggest one week increase since the ‘Taper Tantrum’ in June 2013,” said Bankrate’s chief financial analyst Greg McBride.

Economists say the anticipation of Trump’s pledged spending plans and tax cuts have investors anticipating some inflation and a dose of adrenaline to the economy which have caused a great deal of volatility in the market.

A little perspective is in order- rates today are still lower than the 3.97% recorded last year at this time. And, rates today are still essentially half of their long-term average.

Using a $400,000 home as an example with a 20% down payment, this interest rate increase translates to an additional $34 per month.

Many economists believe that we are now seeing the beginning of a long-term rise in interest rates.

source: Inman News

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Register for our annual Real Estate Market Forecast events! We will be in Denver January 18th and in Fort Collins January 19th starting at 5:30 pm.. Back by popular demand is our Chief Economist Matthew Gardner. Seating is limited.

Sign up at www.windermereforecast.com

********************************************************

In our November issue of the Windermere Report, we will take a close look at what’s happening in Larimer and Weld County real estate.

If you’re not already receiving this monthly printed newsletter designed to keep you informed, educated and entertained on real estate, I will put you on our list!

Simply Email me and I will get one in your hands right away. Meagang@windermere.com

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.*

image

Free Investor Resource

Learn the 5 essential steps to real estate investing in Northern Colorado. See how to create monthly residual income. Gain clarity and confidence in the Northern Colorado investment market. Avoid common investing pitfalls.

Click below for your free access to the one hour online lesson; plus enjoy additional resources.

unsubscribe

Posted on November 29, 2016 at 11:24 pm
Meagan Griesel | Category: Blog, Colorado Real Estate, Fort Collins Real Estate, Fun Facts, Loveland Real Estate, Northern Colorado Real Estate, Uncategorized | Tagged , , , ,

Interesting Takeaways

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Interesting Takeaways

The Zillow Group just completed an extensive survey of home buyers and sellers. Here are some interesting takeaways from the research:

  • Half of today’s home buyers are under the age of 36, and 47 percent are first-time buyers. Solo home buyers are in the minority; most buyers are shopping with a spouse or partner (73 percent).
  • Eighty-three percent of buyers are shopping for a single-family house. Their top considerations are affordability and being in a safe neighborhood.
  • Today’s sellers are most often members of Generation X (38 percent), and the majority (63 percent of all sellers) are listing a home for the first time.
  • Most sellers are trading their homes for one they see as an upgrade, seeking a median of 100 more square feet and a home that costs an average of 11 percent more.
  • Sellers’ top regret was that they didn’t take more time to prepare for a sale (30 percent). (By the way, Windermere’s Certified Listing is a proven 10-step process which prepares both the home and our clients for the sale. Let us know if you want to know more about it.)

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It’s time to Save the Date for our annual Real Estate Market Forecast events! We will be in Denver January 18th and in Fort Collins January 19th starting at 5:30 pm.. Back by popular demand is our Cheif Economist Matthew Gardner. Seating is limited. RSVP to colorado@windermere.com

********************************************************

In our November issue of the Windermere Report, we will take a close look at what’s happening in Larimer and Weld County real estate.

If you’re not already receiving this monthly printed newsletter designed to keep you informed, educated and entertained on real estate, I will put you on our list!

Simply Email me and I will get one in your hands right away. Meagang@windermere.com

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.*

image

Free Investor Resource

Learn the 5 essential steps to real estate investing in Northern Colorado. See how to create monthly residual income. Gain clarity and confidence in the Northern Colorado investment market. Avoid common investing pitfalls.

Click below for your free access to the one hour online lesson; plus enjoy additional resources.

unsubscribe

Posted on November 15, 2016 at 7:13 pm
Meagan Griesel | Category: Blog, Colorado Real Estate, Fort Collins Real Estate, Fun Facts, Loveland Real Estate, Northern Colorado Real Estate, Uncategorized | Tagged , , , , , , , , ,