Colorado Ranking

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Here’s the latest from one of our favorite data sources – the Federal Housing Finance Authority (FHFA).

They track home prices across the Country and produce a quarterly Home Price Index report.

It is not uncommon to find Colorado near the top of the list for year over year price growth.

The latest report has us ranked 13th with only a 13% year over year increase (said with sarcasm).

Idaho is first with a whopping 24% increase. Utah is second at 19%.

Here is our interpretation of these numbers…

Colorado has a history of strong, steady price growth instead of booms and busts.

Our market does not take the big, wild swings in prices that other markets sometimes do.

The fact that Colorado is not at the very top of the list right now is actually good news to us.

We know that our clients appreciate a market that is more steady instead of one that can feel like a rollercoaster.

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Summerfields Home in Timnath

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5641 Claret St is a fantastic 5-bedroom home with a main-level primary suite in Timnath‘s popular Summerfields neighborhood! Boasting updates, to include new paint and main level flooring, this home features a large eat-in kitchen with granite counter tops, stainless appliances and plenty of storage — all opening to a great room with a high vaulted ceiling and gas fireplace. Separate dining room. Upstairs, you’ll find three bedrooms, a full bath and a loft overlooking the great room. The basement adds a large rec room, fifth bedroom and fourth bath. Relax or entertain on the huge outdoor deck in the back yard, adjacent to a community greenbelt. Oversized two-car garage. Just a short distance to the crazy cool neighborhood pool, clubhouse with fitness center, multiple fishing ponds, and Bethke Elementary School! An incredible home and awesome value!

Contact Jon Holsten at (970) 237-2752 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/134016028

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Remodeled Condo!

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3500 Rolling Green Dr B10, Fort Collins is like new! Less than 1 year ago condo was gutted to the cement pad and contractor replaced floors, cabinets, appliances, sinks, toilets, ceiling fans, baseboard heat, water heater and electrical as well as all fresh paint. Multi-sided wood fireplace and balcony overlooking peaceful green space are two great features of this home as well as the detached 1 car garage. Location puts you close to golf, restaurants, schools, Warren Park, shopping, bike trails and a quick jaunt to I-25. Ready to move in and enjoy!

Contact Heather Patel at (970) 214-9479 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/134014185

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Farmhouse Gem

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Marvel at the amazing craftsmanship in this 4-bedroom farmhouse on over half an acre in charming Old Town Berthoud! 360 Bunyan Avenue was beautifully built in the 1800’s as part of a large family farm, your new home boasts features of yesterday and today. From the updated eat-in kitchen with high-end cabinetry, granite countertops and large pantry, to the sprawling living and dining rooms with wood floors and a classic touch, this home is a gem. Main-level primary bedroom suite just around the corner from the office or library with bay window, cozy fireplace and built-in bookshelves. Upstairs, you’ll find three bedrooms with an updated bath. Relax or entertain in the outside living space surrounded by fantastic landscaping, raised garden beds and too many large shade trees to count. The detached garage is 25′ x 23′ and includes a separate insulated workshop and loft area for storage or future expansion. An incredible home and amazing value.

Contact Jon Holsten at (970) 237-2752 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/134009240

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Farmhouse Gem

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Marvel at the amazing craftsmanship in this 4-bedroom farmhouse on over half an acre in charming Old Town Berthoud! 360 Bunyan Avenue was beautifully built in the 1800’s as part of a large family farm, your new home boasts features of yesterday and today. From the updated eat-in kitchen with high-end cabinetry, granite countertops and large pantry, to the sprawling living and dining rooms with wood floors and a classic touch, this home is a gem. Main-level primary bedroom suite just around the corner from the office or library with bay window, cozy fireplace and built-in bookshelves. Upstairs, you’ll find three bedrooms with an updated bath. Relax or entertain in the outside living space surrounded by fantastic landscaping, raised garden beds and too many large shade trees to count. The detached garage is 25′ x 23′ and includes a separate insulated workshop and loft area for storage or future expansion. An incredible home and amazing value.

Contact Jon Holsten at (970) 237-2752 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/134009240

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Charming Mountain Home!

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Welcome to your own fully furnished private mountain paradise at 56 Eagle Ct, Drake CO! This home has been loved and cared for many years and now it’s ready for you and your family to enjoy for many more. It has been used as a mountain summer home but is well suited for full time living. A high producing well and all of the conveniences you would find in town allow you to enjoy mountain living without comprising comfort. The basement features authentic barn wood from a farm in Illinois. Located between Loveland and Estes. Private, wooded lot with great views!

Contact Jared Foster at (970) 690-5707 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/133956855

 

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Kensington South Beauty

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2738 Nottingham Sq is a fantastic 5-bedroom home in Central Fort Collins‘ popular Kensington South neighborhood! Your new home features a spacious kitchen with classic wood cabinetry and tile floors, opening to the family room with fireplace. Large living room with vaulted ceiling and separate step-up dining room with wood floor. Main level office. Upstairs, you’ll find a huge primary suite with a 5-piece bath, along with three other bedrooms. The mostly finished basement boasts a large rec room, bedroom, bath and tons of storage. Relax or entertain on the enclosed back porch overlooking the fully landscaped back yard with huge trees. Fantastic community green space right out the front door! Close to CSU, Rocky Mountain High School, Rolland Moore Park and so much more this amazing part of town has to offer! Excellent home and tremendous value!

Contact Jon Holsten at (970) 237-2752 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/133948779

 

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Kensington South Beauty

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2738 Nottingham Sq is a fantastic 5-bedroom home in Central Fort Collins‘ popular Kensington South neighborhood! Your new home features a spacious kitchen with classic wood cabinetry and tile floors, opening to the family room with fireplace. Large living room with vaulted ceiling and separate step-up dining room with wood floor. Main level office. Upstairs, you’ll find a huge primary suite with a 5-piece bath, along with three other bedrooms. The mostly finished basement boasts a large rec room, bedroom, bath and tons of storage. Relax or entertain on the enclosed back porch overlooking the fully landscaped back yard with huge trees. Fantastic community green space right out the front door! Close to CSU, Rocky Mountain High School, Rolland Moore Park and so much more this amazing part of town has to offer! Excellent home and tremendous value!

Contact Jon Holsten at (970) 237-2752 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/133948779

 

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Words Matter

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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 the market.

However, there is low standing inventory.  Meaning, the listings that do hit the market don’t stick around for very long before they are purchased.

Standing inventory, which is the number of active properties on the market, is down roughly 70% along the Front Range.

However, the number of new listings coming on the market is essentially:

  • Double compared to December 2020
  • Only 20% to 25% less than this time of year in 2017, 2018, and 2019

So, there is inventory available, it just sells quickly because demand is historically high right now.

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Lakemont Condo!

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2840 W 21st St #6 is a fabulous three-bedroom condo in Greeley’s coveted Lakemont community! Featuring a wide-open floor plan with separate dining and living areas, this end-unit home boasts a spacious, updated kitchen with newer appliances. Upstairs, you’ll find three sprawling bedrooms with tons of closet space and updated bath. Newer gas furnace/AC, water heater and high efficiency Andersen windows. Attached 1 car garage and private back patio opening to community green space. Super close to parks, a grocery store, schools and most any service this great community has to offer!

Contact Jon Holsten at (970) 237-2752 for your private showing or click the link below for more details.

http://windermerenoco.com/listing/133876432

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