Terrific Ranch Style Home in Fort Collins!

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Here’s your chance to own a home in central Fort Collins! 2719 Trenton Way in Fort Collins is freshly painted, with a large enclosed yard and no HOA. First American Home Warranty included. Come take a look. Contact Maria Dellota at (970) 215-1013 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/104701508

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Matthew Gardner – Will There Be A Recession in 2020?

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Windermere Chief Economist, Matthew Gardner, answers the most pressing question on everyone’s minds: Will there be a recession in 2020? Here’s what he expects to see.

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Millennial Buyers

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Millennials often get a bad rap.  One of the myths about Millennials is that they don’t own homes and will be renters forever.

Not true!  Especially on the Front Range of Colorado.

Based on research by our very own Chief Economist, Matthew Gardner, Millennials make up a significant percentage of all home buyers in Metro Denver and Colorado.

In Metro Denver, 50% of all buyers last year were in the Millennial demographic.

In Northern Colorado, the number is 41%.

It turns out that Millennials, as they move into their mid to late 30’s, see the value of home ownership and are at the point in their lives where it makes sense to own instead of rent.

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Terrific Ranch Style Home!

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Ideal investment property! 2428 Crabtree Drive in Fort Collins is currently leased through May of 2020. Easy access to CSU, Old Town, and Horsetooth Reservoir. The owner has never had any issues with vacancy but would be great as an owner-occupied home with the layout and back yard as well. The home has wood floors and is in great shape. Come check it out today! Contact Paul Hunter at (970) 673-7285 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/104370583

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Zero Correlation

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It’s an election year which means that our clients are asking us if election years impact real estate.

According to research done by Real Trends there is zero correlation between election years and the number of transactions in the market compared to non-election years.

They found that sales were down in 1980, 1988, and 2008 compared to prior years, and sales were up in 1992, 1996, 2000, 2004, 2012, and 2016.

To hear more about what will happen this year in real estate and the factors that really do impact our market, be sure to get registered for our annual Market Forecast event next week.

It’s time to register for our annual Market Forecast event.  We will be live at 5:30 on January 15th at the Wellshire Event Center.  Back by popular demand is our Chief Economist Matthew Gardner.  Save your seat HERE.

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Big Numbers

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It turns out a lot of real estate changes hands over the course of a year in our market.

In 2019 Metro Denver had…

  • Over 56,000 residential sales
  • Over $28 Billion of residential sales volume

Overall, 2019 saw a slight increase in the number of transactions compared to 2018 and approximately a 5% increase in sales volume.

For a detailed look at the 2019 numbers plus our forecast for 2020, click the links below…

 

It’s time to register for our annual Market Forecast event.  We will be live at 5:30 on January 15th at the Wellshire Event Center.  Back by popular demand is our Chief Economist Matthew Gardner.  Save your seat HERE.

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Save Your Spot

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A quick, simple Fun Fact for you this week…

It’s time to sign up and register for our annual Market Forecast event.

We will be live in Denver on January 15th at the Wellshire Events Center.

And In Fort Collins on January 16th at the Marriott.

Both events start at 5:30.  Choose which location works best for you.

Matthew Garder, our Chief Economist, is the Keynote speaker.

Click the links above to RSVP.

 

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.

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Matthew Gardner’s 2020 Mortgage Rate Forecast

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Each year Windermere’s Chief Economist, Matthew Gardner, forecasts into the next. Here’s what he expects for Mortgage Rates in 2020.

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Beautiful Spacious Home in Fort Collins!

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Welcome to this beautiful home at 927 Campfire Drive in Fort Collins under $370,000! It features an open floor plan, updates to flooring, and great back patio are perfect for your hot tub or patio furniture. Upstairs you can enjoy a large extra loft room perfect for entertaining, craft room, or flex space. Easy access to I-25, yet only minutes to Old Town Fort Collins, come check this home out today! Contact Paul Hunter at (970) 637-7285 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/103714816

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The 12 Facts of Real Estate

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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.

The post The 12 Facts of Real Estate appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.