BlogColorado Real EstateFort Collins Real EstateLoveland Real EstateNorthern Colorado Real Estate February 7, 2017

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.

BlogColorado Real EstateFort Collins Real EstateFun FactsLoveland Real EstateNorthern Colorado Real EstateUncategorized February 7, 2017

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.

BlogColorado Real EstateFort Collins Real EstateFun FactsLoveland Real EstateNorthern Colorado Real EstateUncategorized November 29, 2016

Upping the Pace

image

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.

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

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

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

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

BlogColorado Real EstateFun Facts August 19, 2016

How does Colorado stack up in real estate pricing?

funfactsHeader

The Winner Is…

With the Olympics stoking the spirit of competition, we took at look at how Colorado stacks up against the other states when it comes to real estate prices.

Our impartial judge for the competition is the Federal Housing Finance Authority who tracks close to 300 real estate markets all over the country.

For this competition we are looking at home price appreciation over the last five years. Simply, how much have prices gone up for each state?

And the winner is… (not Colorado)

The winner is Nevada with a 68% increase in the last five years.

Here's the top 5:

1. Nevada 68%

2. Arizona 57%

3. California 54%

4. Florida 53%

5. Colorado 48%

Here's the deal about this list- other than Colorado, these are all the states that were hit hardest by the real estate downturn in 2008 & 2009. These states are still clawing their way out of the hole that was created. While Colorado continues to show a more steady pattern without the wild swings seen in other places.

Just for fun, contact me at meagang@windermere.com with your guess for the worst-performing state in the last 5 years. We will enter your name in a drawing for a $100 Gift Certificate to Jax Restaurant. You don't need to be right to win, you just need to guess!

In our upcoming September issue of the Windermere Report, we look at state-by-state performance over the last 25 years. We will give you a hint- Colorado did better than 5th place! 

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

image