Rate Meaning

Mortgage interest rates have hit another record low this week.

 

Mortgage applications for purchases just hit an 11-year high.

 

Rates are at a level that many people could never have imagined.

 

Here’s something that is surprising to many people…

 

Rates are 1.5% lower than they were just two years ago.

 

Here’s what that means for buyers…

 

Pretend someone is looking at a $500,000 home and they will have a 20% down payment.

 

The difference in monthly payment is $320 between two years ago and today.

 

Obviously that is a significant amount of money.

 

Imagine what a person could do with $320 per month.

 

The fact that rates are at record lows is one of many reasons that the market is so strong right now and prices continue to appreciate at healthy levels.

At Windermere Real Estate we are taking Safer at Home and Social Distancing very seriously.  Our people are following our Safe Showings protocol, staying connected to their clients, and providing help wherever needed.

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Stunning Ranch Style Home in Timnath!

Fantastic 5-bedroom ranch-style home at 5806 Calgary Street in the coveted Summerfields at Timnath Ranch neighborhood! Boasting custom hardwood floors throughout the main level, your new home features exquisite taste. From the sprawling kitchen with granite, stainless steel appliances, pantry & tons of storage, to the wide-open great room with vaulted ceilings and gas fireplace, this home, in this condition, is a rare find. Much of the basement is finished, adding a rec room, two huge bedrooms, & bath while preserving plenty of unfinished storage space or room for future expansion. The classy covered patio, outdoor gas fireplace, and mature landscaping create a wonderful outdoor haven in which to relax & entertain. Oversized two-car garage. Just a short distance from one of Northern Colorado’s highest rated neighborhood pools & clubhouses. Poudre School District’s Bethke Elementary is the neighborhood school! Contact Jon Holsten at (970) 237-2752 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/110584142

 

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Charming Ranch Style Home in Loveland!

Fantastic value in this very well maintained single family home at 2673 Susan Dr. in Loveland! Featuring 3 bed 1 bath, oversized 2 car garage, and a private fence yard to enjoy the summer evenings. The spacious living area leads into a large kitchen with plenty of counter space and all appliances included. No HOA, new roof in 2018, and Blue Ribbon Home Warranty included. Contact Jacqueline Feil at (970) 402-7509 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/110636269

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Spacious Two-Story Home in Fredrick!

Spacious and comfortable! Enjoy this open floor plan at 5408 Lynx St. in Fredrick with a fully finished basement boasting a second master suite. The main level offers an eat-in kitchen with updated Stainless Steel appliances and an additional dining area, perfect for entertaining. Mature landscaping with a covered deck including two overhead fans to keep you cool on those warm summer evenings. Newer roof, Water Heater and A/C. This one won’t last long! Contact Jared Foster at (970) 690-5707 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/110237813

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Stunning Two Story Near Downtown Loveland!

Enjoy your privacy without giving up the perks of a city – this beautiful two-story home at 2179 Blue Duck Court in Loveland sits on over 1/3 acre in the highly desirable Garden Gate subdivision, only 1 mile from downtown, the Foundry, Winona Park/Pool & Chilson Rec Center. The spacious open kitchen has been upgraded with stainless steel appliances and opens up to a sprawling fully fenced back yard with a large patio & lush lawn with a sprinkler system. Separate fenced dog run has a dog door leading into the garage. Brand new carpet throughout the upper level and new exterior paint (both June 2020). The master bedroom features a private five-piece bathroom and a large walk-in closet. Convenient upstairs laundry room with included washer and dryer. Ample off-street parking with a large 3-car attached garage. Unfinished basement with a rough-in ready for your finishes. Lovely cul-de-sac location and curb appeal galore! Contact Kailee Harvey at (970) 331-2868 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/110485020

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Beautiful Two-Story Home in Fort Collins!

Fabulous 5-bedroom home at 4743 Withers Drive in Fort Collins on the water in popular Clydesdale Park! Starting with the front entry waterfall feature, this home displays the highest quality finishes inside and out. This craftsman-style retreat features tiger wood floors on both the main and upper levels. The chef’s kitchen boasts beautiful countertops, custom tile, plenty of storage and large dining area. Sprawling great room with vaulted ceiling and stone fireplace. Main level office or second dining area. Spacious work-out room. Upstairs features three large bedrooms, including a huge master suite with deck overlooking water and a view of snowcap mountains. Top quality extends to the basement with wet bar, entertainment area, rec space, two bedrooms, bath and storage. Beautifully landscaped back yard abutting the pond with large fountain. Oversized 3-car garage. The advanced leak detection alarm system, and a 14-month home warranty is sure to bring extra peace of mind to the new owner of this wonderful property! Contact Jon Holsten at (970) 237-2752 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/110474134

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Tight Inventory

The numbers that we find to be most interesting right now are all related to inventory.

 

Long story short, inventory is tight.

 

It was already tight pre-coronavirus and now it’s even tighter.

 

Here are the numbers.

 

Active properties for sale versus one year ago are down:

  • 11% in Larimer County
  • 20% in Weld County
  • 26% in Metro Denver

 

This low inventory is one of several reasons that prices are generally still up across the Front Range.

 

At Windermere Real Estate we are taking Safer at Home and Social Distancing very seriously.  Our people are following our Safe Showings protocol, staying connected to their clients, and providing help wherever needed

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Terrific Two-Story Home in Fort Collins!

How about two master suites, a finished basement, and an amazing location at 257 Cajetan Street, Fort Collins in Old Town North for this price!? This home offers an upgraded kitchen, hardwood floors on the main level, and a fully finished basement for your entertainment/family room. Easy access on trails and just minutes to Old Town, along with the convenience of an attached two-car garage. Low maintenance back yard area allows you to focus on the Old Town lifestyle and not lawn maintenance every weekend. Come take a look at this beautiful home 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/110440383

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5 Small Things You Can Do to Improve Your Home Office

 

Amid the COVID-19 Pandemic, many of us now find ourselves working from home. While it’s hard to complain about the commute, working from home can be an adjustment. For example, you may find yourself doing tasks around the house and suddenly you’ve missed several important emails. If you feel like you need some help being more productive while working from home, here are five tips to improve your workflow.

 

Add Light

The best kind of light is natural light. Try setting up your workspace by a window. If that’s not possible, add a desk lamp or floor lamp to brighten your space. Not only will it help with visibility; it brightens your mood, which helps you to be more productive.

 

Declutter

Remove distracting clutter. Take everything off your desk that you don’t need. Store it elsewhere or use shelves on your wall to display it.

If you find yourself cleaning throughout the day, set aside time specifically for these tasks. If you’re still waking up at the same time you did when working at the office—which studies show is a great strategy when working from home—using your would-be commute time to tidy up helps avoid those periodic distractions.

 

Bring the Outdoors In

Bringing plants into your home is beneficial for productivity and health alike. Greenery is a natural mood booster and gives life to a room. Plants naturally purify the air, helping you breathe easy as you make your way through the workday. Try arranging both hanging and potted plants to improve the mood around your workspace.

 

Change Your Chair 

A chair that’s too tall, too short, or not comfortable is a fast track to back and shoulder problems that inhibit your workday and linger afterwards. Being in a stationary position for hours at a time requires the right kind of support to stay productive. Features to look for in a quality office chair include proper lumbar support, sturdy wheels, and an adjustable base that allows your shoulders to relax and your feet to rest flat on the floor.

 

Add Decor

It’s important to keep your home office professional and dedicated to your work. However, adding personal touches to the space will help you feel at ease. Position your work computer and phone front and center with any related work tools close by and handy. Adding pictures of loved ones, artwork, and inspirational quotes will help inspire you to generate ideas while working productively.

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Matthew Gardner’s 2020 Real Estate Forecast

It’s that time of year when Windermere’s Chief Economist Matthew Gardner dusts off his crystal ball and peers into the future to give us his predictions for the 2020 economy and housing market.

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