Are we in a housing bubble? Is there a recession coming?

Thu, January 16, 2020 | 5:30 PM – 7:00 PM MST


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Learn the answers to those questions plus more at this fun, interactive, informative presentation full of valuable takeaways featuring Windermere Real Estate’s Chief Economist Matthew Gardner. Hear hyper-local stats and facts as well as national information about the real estate, employment and financial markets.

Reception to follow! Please stay after the presentation and join us for complimentary hors d’oeuvres and drinks.


REGISTER HERE


Posted on January 2, 2020 at 7:52 pm
John Taylor | Posted in Economy, For Buyers, For Sellers, fun facts, Housing Trends, market news | Tagged , , , , , , , ,

Friday Fun Facts – The 12 Facts of Real Estate

 

While your true love may be getting you a partridge in a pear tree in the near future, we decided to give you the 12 facts of Colorado real estate:

  • 1 is the ranking Colorado owns for long-term home price appreciation versus all other states
  • 2.6% unemployment rate in Colorado right now
  • 3.73% mortgage rate for a 30-year mortgage which is about half of the long term average
  • 4.7% apartment vacancy rate in Metro Denver, the lowest since 2015
  • 5.5% is the long-term average for yearly home price appreciation along the Front Range
  • 6,000,000 live in Colorado
  • 7,000 residential properties are for sale in Metro Denver right now and the average for this time of year is 14,700
  • 80,000 is the number of people that is added to our state’s population each year
  • 9 homes are for sale in Larimer and Weld County priced over $2,500,000
  • -10% is the decrease in new home construction in Larimer County compared to last year while Weld County grew by 17%
  • 11 times in the last 40 years home prices have gone up at least 8% along the Front Range
  • $1,202,488 is the average price for a single-family home in the City of Boulder

 

It’s time to register for our annual Market Forecast event.  We will be live at 5:30 on January 16th at the Marriott in Fort Collins.  Back by popular demand is our Chief Economist Matthew Gardner.  Save your seat HERE.



Posted on December 20, 2019 at 10:38 pm
John Taylor | Posted in fun facts, Housing Trends, Northern Colorado Real Estate | Tagged , , , ,

Friday Fun Facts – Vital Signs of the Market

First, Larimer County:

  • Average prices are up 2.4%
  • Number of transactions is down 2.5%
  • Inventory is up 11.9%
  • Days on market is up 4.1%

Now, Weld County:

  • Average prices are up 4.3%
  • Number of transactions is up 3.6%
  • Inventory is up 12.9%
  • Days on market is flat (same as last year)

What this means is prices are still going up, just not as fast as they were a couple of years ago.  More inventory is coming on the market which is great news for buyers.

 


Posted on December 13, 2019 at 6:30 pm
John Taylor | Posted in For Buyers, For Sellers, Housing Trends, Northern Colorado Real Estate | Tagged , , , , , ,

Charming Two Story Home in Longmont!

Welcome to this beautiful two-story home at 10669 Upper Ridge Road in Longmont! Relax on the front porch in a quiet neighborhood near Idaho Creek Park, open space with trails around the ponds, and gorgeous mountain views. Ample kitchen space opens to the inviting living room featuring a cozy gas fireplace. The master bedroom offers a walk-in closet, dual vanities, and a luxurious soaking tub. This home is complete with newer paint and appliances, a fenced-in backyard, sprinkler system, and a spacious two-car garage. This won’t last long! Call for your private showing at (970) 541-1003 for more information or click the link below for more details.

http://windermerewindsor.com/listing/103151858


Posted on December 9, 2019 at 10:17 pm
John Taylor | Posted in Longmont Real Estate, Virtual Tours | Tagged , , , , , , , , , , , , , , , , , ,

Beautiful Spacious Ranch Style Home!

Welcome home to this beautiful open floor plan ranch at 6375 Tongass Ave in Loveland with hardwood floors, granite countertops, a fully finished basement, oversized 3-car garage. Enjoy sunsets on the patio while dining alfresco under the pergola or while relaxing by the fire pit. This spacious home boasts elevated, trey, vaulted ceilings, hardwoods, granite custom lighting. Main floor has a desirable master bedroom coupled with an elegant 5-piece en suite master, 2-sided fireplace next to soaker tub, office, 2nd bedroom. The high-ceiling basement complete with two bedrooms for a spacious guest retreat in a convenient location and friendly neighborhood won’t last long! Call for your private showing at (970) 541-1003 for more information or click the link below for more details.

http://windermerewindsor.com/listing/102729396


Posted on November 25, 2019 at 11:10 pm
John Taylor | Posted in Loveland Real Estate, Virtual Tours | Tagged , , , , , , , , , , , , , , , , ,

Friday Fun Fact – Job News

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There is an abundance of great news when it comes to employment in Colorado.

The unemployment rate is incredibly low at 2.7% which is almost a full percentage point lower than the U.S. average.

According to the Bureau of Labor Statistics, Metro Denver added 28,300 jobs over the last year which ranks 15th out of all metropolitan areas nation-wide, many of which have much larger populations than Denver.

While this is positive news, what is even more remarkable is what is happening in the other, smaller cities along the Front Range.

Anytime job growth exceeds 2.0% per year, it is a sign of a very healthy economy.  Here is what the other Cities have seen in terms of job growth over the last 12 months.

  • Fort Collins 2.6%
  • Greeley 2.5%
  • Colorado Springs 1.9%

If you want to see even more insights about the Colorado market so that you can make really good decisions about your real estate, you are welcome to watch this complimentary webinar, just click HERE.


Posted on November 22, 2019 at 1:42 pm
John Taylor | Posted in fun facts, market news | Tagged , , , ,

NEW LISTING in LOVELAND!

6375 Tongass Ave Loveland, CO 80538

4 Bed / 3 Bath | $480,000

Open floor plan ranch with hardwoods, granite, a fully finished/high ceiling basement, and oversized 3-car garage. Enjoy sunsets on the patio while dining alfresco under the pergola or while relaxing by the fire pit. This spacious home boasts elevated, trey, vaulted ceilings, and granite custom lighting. A desirable main floor master bedroom coupled with an elegant 5 piece en suite master, 2 sided fireplace next to soaker tub. Click here to learn and see more!



Posted on November 22, 2019 at 12:49 pm
John Taylor | Posted in For Buyers, Northern Colorado Real Estate | Tagged , , , , , , ,

Friday Fun Facts – A Tale of Two Counties

 

 

Two Tales

This is a tale of two Counties.

When it comes to new home activity, there is a big difference between Larimer and Weld Counties.

Larimer County new home starts are down 10% and new home closings are down 15% compared to last year.

Weld County new home starts are up 18% and new home closings are up 8% compared to last year.

This is all according to the new home research experts and Metrostudy.

So why the difference?  It comes down to price and availability.

There is more land available for new home development in Weld County.

Plus, the land tends to be less-expensive than Larimer which means that builders can deliver a lower-priced product and reach a larger pool of buyers.

The average price of a new home in Larimer County is $507,105 while the average new home price in Weld is $411,269.

If you want to see even more insights about the Colorado market so that you can make really good decisions about your real estate, you are welcome to watch this complimentary webinar, just click HERE.


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.*

 


Posted on November 15, 2019 at 2:09 pm
John Taylor | Posted in For Buyers, For Sellers, fun facts, Housing Trends, Northern Colorado Real Estate | Tagged , , ,

Your November To-Do List

The month of November brings the end to daylight savings time, for most of us anyway, and the start to the holiday season. Don’t be left in the cold, jumpstart your preparations with this quick checklist.

 

Check Your Fire Safety System

Test your smoke alarms and CO detectors to make sure they’re in working order. Locate your fire extinguisher and be sure the gauge shows that it has enough pressure. If it isn’t already stored in or near the kitchen, re-locate it closer to the oven for quick action should Thanksgiving dinner go up in flames.

Clean Your Garbage Disposal

Don’t let a stinky garbage disposal ruin your appetite, keep it smelling fresh with a few pieces of lemon rind and some ice cubes. The lemon cleans and deodorizes the odor causing bacteria and the ice scrapes away any debris, as well as sharpen the blades.

Check and Repair Other Plumbing Issues

Run the water in each sink to determine if it’s draining properly.

If your bathroom sink is not draining quickly, a great natural way to clear debris, with ingredients that you likely already have in the house, is to put ½ cup of baking soda down the drain, followed by ½ cup of vinegar, then plug the drain and let it sit for an hour. When you unplug the drain, pour boiling water down until it drains quickly.

Send a snake down your tub drain, then add a hair trap to each drain to prevent future blockage, especially when you have guests over for the holidays.

For a slow kitchen drain, the likely cause is a build up of fat, oil, or grease (FOG drain clog). The best way to clear this kind of clog is with 2 liters of water and a few tablespoons of dish washing detergent. Pour slowing and keep pouring until the drain is cleared.

Pull Out Your Winter Essentials

For those of you in cold climates, get out the shovels and replenish the ice-melt bucket before the snow and ice hit this season. Don’t get caught in the storm, make sure they’re easy to access or easy to pull out when the weather forecast calls for below freezing temperatures.

It’s also a good idea to get out your snow gear and toys. Don’t miss an opportunity to play in the snow because you can’t get to your shed to pull out your snow boots, gloves, or sled!

Check and Replace Floor Protectors

Prevent damage to your floors by checking any pads on your chair legs as well as the rug mat.

Make sure the pads on your chairs, sofas, and tables are intact so when you move them, they won’t rub and scuff or dent flooring. Lift the rug to double check that the rug mat isn’t causing damage to the floor as well. Sometimes, the adhesive can stick to the floors, leaving a residue that’s almost impossible to clean, this is especially important on cement floors.

Prepare the Guest Bedroom

Has it been a while since anyone, besides the dog or cat, has slept in the guest bed? This is a great time of year to wash the sheets and clean the room in preparation for holiday guests. And don’t forget the cobwebs in the corners! Organize and re-stock the closets so your guests can easily access more blankets and towels during their stay.

Once you’ve completed your November checklist, you can sit back with your hot apple cider and know that you’re ready for the holiday season.

 


Posted on November 14, 2019 at 1:18 pm
John Taylor | Posted in Housing Trends, Living | Tagged , , , , , , ,

Friday Fun Facts – All Time High

Home Builder’s confidence in Baby Boomer buyers is at an all time high!

The National Association of Home Builders (NAHB) surveys their members each quarter to discover what they expect of future sales.

The builders base a large part of their answer on how many people are visiting their sales centers and model homes versus the same time last year.

The results in their most recent survey show that builders have never been more confident about buyers who are 55 and older.

The confidence index for this age group is actually double of what it was in 2012.  The NAHB sites low interest rates and strong job growth as the reasons for the high confidence.


 


Posted on November 8, 2019 at 6:27 pm
John Taylor | Posted in For Buyers, fun facts, Housing Trends | Tagged , , , ,