Northern Colorado Real Estate

Buying a Home What the Experts Say Below are what two experts have to say about the 2021 real estate market. Speaking of experts, it’s time to tell you that our annual Real Estate Market Forecast with our own Chief Economist Matthew Gardner will be January 14th from 11:30 to 1:00.  Be sure to join live so you can engage with the […]
Northern Colorado Real Estate 10 Steps to Selling Your Home Image source: Shutterstock   Navigating everything involved with selling your home can seem intimidating. Breaking the process down step by step will keep you organized and ready to work with your agent toward a successful home sale.   1. Choose an agent A lot goes into choosing the right agent. If you’re unsure where to start, […]
Buying a Home House vs. Townhouse vs. Condo House vs. Townhouse vs. Condo   Deciding between a house, townhouse, and condominium can be a difficult process. Knowing how their characteristics align with your life and goals as a homeowner will help guide you to the right choice.   What differentiates houses, townhouses, and condominiums?  House:  Detached houses offer the most freedom and privacy […]
Buying a Home 14 Times                         For the 14th time this year, 30-year mortgage rates set a record and hit an all-time low. Based on data just released by Freddie Mac, rates are now at 2.71%.  Their weekly survey of the 30-year mortgage rate dates back to 1971. Just […]
Larimer County Real Estate A Little Perspective Here’s a little perspective on the inventory of homes for sale in today’s market… First we’ll look at Metro Denver: The average number of residential listings for sale at this time of year is 15,577 The highest-ever for this time of year is 29,722 which occurred in 2006 The number of listings right now is […]
Fort Collins Real Estate Brand New Market Report                     The latest quarterly report from our Chief Economist Matthew Gardner is now available.  Here is a quote from the report with his take on the Front Range economy: What a difference a quarter makes! Following the massive job losses Colorado experienced starting in February—the state […]
Buying a Home The Remote Worker’s Home Buying Process The pandemic’s influences on home life are far-ranging, prompting buyers to look at home ownership through a new lens. Remote work has created a paradigm shift in the wants and needs of homebuyers. Here’s what the remote worker should keep in mind when looking to buy. Location The location, location, location cliché has taken on […]
Condo House vs. Townhouse vs. Condo Deciding between a house, townhouse, and condominium can be a difficult process. Knowing how their characteristics align with your life and goals as a homeowner will help guide you to the right choice.   What differentiates houses, townhouses, and condominiums?  House:  Detached houses offer the most freedom and privacy of the three housing options. They […]
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Home Buyers Homebuyer Traffic Is on the Rise One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that he will be right. ShowingTime, a leading showing […]
builder confidence New Home Surge Sales of new homes have jumped to their highest levels in 14 years.   The annualized rate of single-family new construction homes is now at 901,000 according to the new Census Bureau report.   This means that across the U.S., at the current pace of sales, there will be almost 1,000,000 new homes built and […]
Ecomony A Historic Rebound for the Housing Market Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important? According to NAR, the Pending Home Sales Index (PHS) is: “A leading indicator of housing activity, […]
Housing Market Is a Recession Here? Does that Mean a Housing Crash? No. On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way: “A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators. A recession begins when […]
Home Buying More Homes Needed The market is in short supply.   More homes are needed to fulfill the need to buyer demand.   Compared to exactly one year ago, the supply of homes is down: 32.6% in Metro Denver 25.1% in Northern Colorado An interesting and useful measurement we track is months of inventory.  This stat tells how long […]
Larimer County Real Estate Prices Still Up Prices Still Up It seems that COVID-19 did not cause prices to decrease and certainly didn’t cause them to crash. Average prices are up compared to last year: ·         2.8% in Larimer County ·         5.4% in Weld County ·         3.3% in Metro Denver Low supply, sustained demand, and incredibly low interest rates are all fueling the […]
Ecomony Real Estate Will Lead the Economic Recovery With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we get back to work and the financial landscape of the country […]
Homeownership The Benefits of Homeownership May Reach Further Than You Think More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They’re evolving into our workplaces, schools for our children, and safe havens that provide shelter, stability, and protection for our families through the evolving health crisis. Today, 65.3% of Americans are able to […]
Larimer County Real Estate Snapshot of Weld County Market June 1st – June 7th
Housing Market Larimer County Snapshot June 1st – June 7th
Housing Market On Sale Money is on sale (again). 30-year mortgage rates now sit at 3.3%. This is less than half of the long-term, 40-year average. This is also almost a full percentage point lower than they were one year ago (which was still very low). Let’s put this in real numbers. A $300,000 loan at today’s rates has […]
Grateful A Day When Americans Can Return To Work Some Highlights Taking a moment to reflect upon what we’ve heard from historical leaders can teach us a lot about getting through the many challenges we face today. We’re all eager for the day when every American can safely return to work. That day is coming. Timing is everything. Patience is essential. Our courage, strength, […]