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Sellers Should I Remodel or Sell As Is? Homeowners who are preparing to sell are often faced with a dilemma about whether to remodel or sell their home in its current state. Each approach has its respective advantages and disadvantages. If you decide to remodel your home, it will likely sell for more; but the increased selling price will come at the cost […]
Loveland Real Estate Well-Maintained Home with Acreage 42 Tracy Trail Road is a well-maintained home on 2.24 Acres with an oversized, attached 2 car garage and ample opportunity still to build upon. There is plenty of level property to put up a large outbuilding for all your toy storage. Fully fenced back yard with a nicely covered deck to enjoy all the […]
Market Data Local Year over Year Price Increases Here is a peek at average residential prices along the Front Range through the first half of September and how they have changed versus one year ago: Larimer County = $663,000 up 11.6% Weld County = $511,000 up 4.5% Boulder County = $1,165,000 up 17% Metro Denver = $668,000 up 9%
Contracts Contract Contingencies Do YOU know the most common contingencies in the Colorado Real Estate Commission’s Contract? 🤔 If not, here they are. Take a look at some of the most common real estate contingencies below:   ✅ Home Inspection Contingency ✅ Financing Contingency ✅ Appraisal Contingency ✅ Home Sale Contingency ✅ Title Contingency
Market Data Balancing Market? Even though buyer demand has moderated and housing supply has increased in recent months, the market can still be considered a Seller’s Market because inventory is still low. 📉 According to data from NAR, sellers continue to benefit from competitive offers and serious buyers. In July, for example, the average home received 2.8 offers and 39% […]
Buyers Tips For Homebuyers 💡 Strategically planning your home search by understanding current mortgage rates, keeping your options open, and working with a knowledgeable local real estate professional can be the key to finding your dream home.
Economic Latest Home Price Index Report The latest Home Price Index report has just been released by the Federal Housing Finance Authority. They track home price appreciation for the largest metropolitan areas in the U.S. plus state by state appreciation. Here is the ranking of the top three states for price growth over the last twelve months: 1.  Florida = 29% […]
Economic New Home Trivia Here’s a trivia question… The number of new, single-family homes completed in 2022 will most closely resemble which prior year? If you guessed 1993, you are correct. Yes, the number of homes built and completed this year is no more than the number from 30 years ago. In 2022, there will be just over 1 […]
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Market Data List Price > Sales Price? For the first time in a long time, the sale to list price ratio is below 100%. This statistic measures the final sales price versus the listing price. During the super-active market of the last 24 months, this number averaged over 100%. This was a result of multiple offers and bidding wars which caused buyers […]
Economic 2022 Q2 Real Estate Report The following analysis of select counties of the Colorado real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere Real Estate […]
Economic Recessions & Real Estate Our clients wonder what a recession would mean for the real estate market. Many assume it would translate into a downturn in prices. Some even worry that it would cause values to come crashing down. We looked back in history, at past recessions, to gain an understanding of what recessions mean for the Front Range market. […]
Market Data How many days on the market? A stat that we have expected to change is finally changing. “Days on Market” measures how long it takes for new listings to sell. Over the last two years this stat plummeted to levels we have never seen before. In the height of the market frenzy a year ago, properties were taking 7 days or […]
Market Data Troutman Park Real Estate Review Q2   Now that we’re half way through 2022 we can take a look at our Real Estate Market and what we’re starting to see is transition. This is what we’re seeing consistently throughout Colorado’s Front Range. The fact of the matter is that Northern Colorado consists of many different hyper-local markets though. So with that in […]
Market Data Home Inventory Increasing? In Front Range markets, the number of homes for sale has just hit bottom or is about to hit bottom. This is terrific news for home buyers who have been waiting for more homes to choose from. The market is shifting, there is no doubt about that. Prices are still increasing and we expect them […]
Market Data Expert Opinion This week, take a listen to Matthew Gardner, Windermere’s Chief Economist as he discusses the current state of the housing market.​​​​​​​ He takes a deep dive into interest rates, price appreciation and where the market is headed. You can watch his video HERE
Home Maintenance Spring Home Maintenance Tips Warmer months are ahead, so now is the time to plan for spring cleaning and maintenance. A clean home offers a fresh start for the year, and a checklist of tasks guides your efforts towards efficiency. For many homeowners, spring cleaning can be a personal challenge. It can also be one accomplished with the help […]
Market Data Current Supply and Demand There is half of a month of inventory on the market.  In other words, at the current pace of sales, it would take just two weeks to sell all of the homes currently listed for sale along the Front Range. By definition, a market is balanced when there is 4 to 6 months of inventory.  […]
Interior Design Most Profitable Home Improvement And the most profitable home improvement is… Flooring! According to the National Association of Realtors, homeowners who refinished or replaced their hardwood floors were able to recoup 147% and 118% of their investment respectively!
Market Data Troutman Park Quarterly Real Estate Update We’re officially 1/4 of the way through 2022 believe it or not. Every quarter I like to take a look at what’s happened with our neighborhood’s real estate sales. So let’s take a look back to see how the Troutman Park Real Estate market has done through March 31 this year compared to the same […]
Market Data Average List Prices While we frequently research and discuss average prices for properties that sell, it is also interesting to look at the average prices for properties that are active on the market but not sold yet. These are the average prices, by area, for properties currently listed for sale and not sold yet: Metro Denver = $954,000 […]
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