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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 […]
Market Data Average Home Prices along CO Front Range Average prices in Metro Denver just exceeded $700,000 in Metro Denver.  Larimer County isn’t far behind. For the month of March, the average residential sales price in the 5-county Metro Area was $704,000.  This does not include Boulder County. Larimer County was $691,000 and we expect to see an average exceeding $700,000 in the very […]
Fort Collins Real Estate Green Energy Property in the Heart of Fort Collins! Green Energy Powered property in Mid Town Fort Collins! 205 E. Thunderbird Drive has a Geothermal Heat Pump an Energy Efficient Gas Furnace with an Air Purifying System and a New Ecobee Thermostat that’s user friendly, simple and can easily set temps on site or through an app on your phone! The attic has been […]
Market Data 3.2 Trillion in American Home Equity The new CoreLogic Homeowner Equity Insights report shows that homeowners in the U.S. have seen their equity increase by a total of $3.2 trillion over the last 12 months. Their data shows that 63% of all homes have a mortgage. On average, U.S. homeowners gained $55,000 while the average increase in Colorado was higher at […]
Interior Design Farmhouse Interior Design Known for its signature chic comfort, the farmhouse style is a popular method of interior design for homeowners looking to blend elements of modern and traditional design. With a rustic charm at its heart that recalls images of the countryside and wide-open landscapes, the farmhouse style steadily picked up steam in the 2010s and continues to […]
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Market Data Townhome Construction Townhome construction has surged in the last 12 months.  This is welcome news for first-time buyers who benefit from the lower prices that multi-family product tends to provide. According to the National Association of Home Builders, townhome construction has jumped up 28% compared to the previous year. Townhomes now represent 13% of all new residential […]
Troutman Park Troutman Park’s Real Estate Year In Review 2021 Now that we’ve made it to 2022 it’s time to look back and see what happened with Troutman Park’s Real Estate market over the last year. You’ll see how that compares to recent years past for a little context. If you own a home in the Troutman Park area you’ll probably be happy to see […]
Mortgage Mortgage Rate Impact This week, for the first time in 32 months, mortgage rates hit 4%. While this increase may feel painful for buyers currently looking at property, it is important to put today’s rates in perspective. We believe we will look back a few years from now and see that a 4% rate was like buying money […]
Market Data Cost of Increasing Rent Records continue to be broken in real estate, including the rental market. Rents just rose another $2 per month to $1,594, a new record. The annual rent growth of 13.5% nationally in 2021 was more than double any previous year, and apartment absorption counted nearly 600,000 units, which is roughly 50 percent more than the […]
Community Foundation Donations Since 1989, over $46 million has been raised by the Windermere Foundation in support of non-profit organizations dedicated to helping the community. We are proud to announce that over the course of 2021, the Windermere Foundation in Northern Colorado raised $10,000 in support of @childsafecoloradoinc and another $5,000 in support of @weldre4! Thank you to […]
Fort Collins Real Estate Private Mountainside Charmer 5216 Rim Rock Lane is a tastefully Remodeled Ranch Home well situated at the end of Rim Rock Ln. Spectacular views of Horsetooth Reservoir, the city of Ft Collins and Horsetooth Rock all from the 1,072 square foot deck that wraps around the back side of the home. The deck outside the primary bedroom is […]
Home Design Selling “As-Is” vs Remodeling 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 […]
Market Data Current Inventory Status Despite the extraordinarily low amount of standing inventory, it is important to understand there is still a steady stream of new inventory hitting the market. Inventory is low. That is a reality. New inventory is coming on the market at essentially the same pace as compared to the last few years. That is also a […]
Home Maintenance Home Fire Prevention A fire breaking out in your home is a serious potential hazard. Fortunately, there are simple steps you can take to identify the early signs of a fire and to prepare for an emergency. The following list will help you and your household put together your fire safety plan. How to Prepare for a Fire […]
Market Data How low is Inventory? The standing inventory of residential properties currently for sale is staggeringly low. The number of active properties for sale is almost 90% below the average for this time of year. In Metro Denver, there are 1,144 residential properties for sale today. In Larimer County, there are 136 and in Weld County there are 174. Current […]
Fort Collins Real Estate Renovations, Location and Space! 2617 Mathews Street is move-in-ready and located on 1/3 Acre in Mid-Town Ft Collins. Huge fenced in RV/Boat Parking area fits a 35′ RV AND a 20′ Boat! With the oversized 2 car garage you’ll have room for all your toys. Inside you’ll enjoy the nicely remodeled kitchen, open living room and all the natural […]
Blog To wait or not to wait? Interest rates are expected to steadily rise over the course of 2022. Consensus forecasts put rates at about 3.7% by the end of next year (still historically low, but certainly higher than they are today). That combined with rising prices will affect affordability. Don’t wait! Partner with a real estate professional to discuss your goals […]
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