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Economic American Equity Assessment CoreLogic just released their quarterly Home Equity Insights Report. Their analysis shows U.S. homeowners with mortgages (roughly 63% of all properties) have seen their equity increase by a total of over $3.2 trillion since the third quarter of 2020, an increase of 31.1% year over year. In the third quarter of 2021, the total number […]
Sellers The benefits of selling during the holidays! Why does it make sense to list a home for sale right now?  Shouldn’t I wait until the Spring? These are legitimate questions we hear occasionally from our clients. It turns out there are several good reasons to list a home in December or January instead of waiting for April or May. The first reason […]
Market Data Average Home Price Increase It’s true, average prices have increased substantially over the last year. Would you have guessed that Weld County has seen the largest increase along the Front Range? The specific numbers are below. As you look at the numbers, it is important to remember that average prices have increased because of appreciation and because there are […]
Troutman Park Troutman Park Q3 Market Update Now that we’ve made it through the 3rd Quarter of 2021 it’s time to look back and see how Troutman Park’s Real Estate market has performed compared to other recent years. If you own a home in the Troutman Park area you’ll probably be happy to see the appreciation we’ve noticed. In Northern Colorado we […]
Market Data Home Seller Stats Here are some fun facts about recent home sellers. This research comes from the National Association of Realtors survey of home buyers and sellers: 10 years = the average time recent home sellers have lived in their home. This number has remained essentially unchanged for the last ten years. From 1987 to 2007 the average […]
Economic Perspectives on Real Estate Prices Let’s put today’s home prices in perspective. Appreciation has been significant over the last 18 months.  Some people are wondering if it can last and if there might be a housing bubble. There are two ways to look at prices.  One way is in absolute terms.  This is simply looking at the dollar amount a […]
Market Data Is Housing Inventory Increasing? A review of the September market stats shows a slight increase in inventory along the Front Range. The way we currently measure inventory is in days. Meaning, at the current pace of sales, how many days would it take to sell all of the inventory currently for sale. The results, based on September’s activity, shows […]
Economic CO Real Estate Equity One of the reasons we are so confident about the long-term health of the market is because of the equity that exists in peoples’ homes today. Because there is so much equity, there are very few homeowners who are ‘underwater’ with a loan that is more than the actual value of the property. According to […]
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Market Data Staggering Stat By definition, a real estate market is balanced when there is 4 to 6 months of inventory currently for sale. Anything less than 4 to 6 months means a Sellers’ market, anything more means a Buyers’ market. For example, if there are 1,000 closings per month in a market, the market would be balanced if […]
Market Data $100k, $90k & $60k As I’m sure you’ve probably noticed, housing prices have gone up quite a bit along Colorado’s Front Range. Low interest rates, strong demand, lower supply, and a healthy local economy are all contributing to increased prices. It may interest you to see exactly how much prices have increased since one year ago in the markets […]
Market Data How Popular is Colorado? Here’s an interesting stat based on the most recent U.S. Census. (although you probably won’t be surprised to hear this) Since 1990, Colorado’s rate of population growth is double the Nation’s rate of population growth. Here are the numbers since 1990: 30.3% growth in the U.S. 62.3% growth in Colorado So, the Nation grows at […]
Market Data Troutman Park’s Real Estate Update Q2     Now that we’re half way through 2021 we have all heard of what has been going on with Northern Colorado’s Real Estate Market. The fact of the matter is that Northern Colorado consists of many different hyper-local markets though. So with that in mind let’s take a look at how our very own […]
Economic News on Mortgage Forbearance For anyone worried that mortgage forbearance would eventually cause a flood of distressed properties to hit the market, there is good news this week. The number of mortgages in forbearance continues to drop and hit its lowest point since April of 2020. Loans in forbearance dropped 12% compared to one month ago. It appears the growing economy […]
Market Data Local Nuances in Real Estate “All markets are local” is a commonly used phrase in real estate. This adage is proving to be true as we notice slight changes recently in the market. Bottom line, the market, in some locations, is not behaving exactly like it did even 30 days ago. Properties that perhaps would have received 10 or more […]
Home Design Designing your backyard for BBQs Summer is the season of spending long days and nights out in the backyard and making home-cooked meals on the barbecue. Whether classic BBQ dishes like ribs and hamburgers or skewered grilled vegetables are more your style, these tips will help get your backyard in prime shape for grilling season.   Designing Your Backyard for BBQs Some […]
Market Data More Inventory for Homebuyers! We are noticing a trend that is very good news for buyers. Inventory has been increasing over the last month which means that buyers now have more properties to consider. Just in the last week, the number of homes for sale has increased: 13% in Larimer County 12% in Weld County 11% in Metro Denver […]
Blog Updated Fort Collins Gem 1012 Deer Creek Lane, Fort Collins was flawlessly updated by Forte Design Studios. Hardwood flooring, vaulted ceilings & new staircase railings create a grand entrance! The kitchen features Custom Cabinetry, Quartz Countertops, SS Appliances (gas oven/range), an island with seating for 2 and a breakfast bar overlooking the living room. The living room is highlighted […]
Market Data Is there really “No Inventory”? A common phrase that is being used right now to describe the market is ‘no inventory.’ ‘There’s no inventory’ is said frequently among those inside and outside of the real estate industry. The problem with this phrase is that it is untrue. There is inventory.  Meaning, there are a significant number of new listings hitting […]
Market Data Calculating Risk with Home Values The economic research blog called “Calculated Risk” just completed a fascinating study on home prices. Specifically, they looked at the correlation between home price growth and inventory. They used price data from the Case-Shiller Home Price Index and inventory data from the National Association of Realtors. No surprise, they found that the lower the inventory […]
Blog Loveland Charmer! 2433 Gill Court, Loveland is a nicely updated, move-in-ready home on a cul-de-sac. Located near Lake Loveland, The Olde Course, Mehaffey Park and the Foothills, this property is near everything you may need! Every room is well equipped with Cat 6 wiring for your work and study. Plenty of granite countertop space in the kitchen. […]
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