Blog Archives - Page 45 of 64 - Windermere Certified Listing Program

Windermere Living Fall Issue

September 9, 2019/in Blog, Living, Windermere, Windermere Living /by Fort Collins

Dear Readers,

Welcome to the fall issue of Windermere Living! Are you a foodie who loves to travel? Inside this issue is an article about interesting destinations where you can enjoy edible, immersive experiences like making your own coffee on the Kona coast of Hawaii, or diving for clams in Cabo and cooking them with an executive chef.

If you’ve ever undergone a major home remodel, you know all too well how important it is to partner with the right architect. We explore that topic in this issue, along with some pro tips on how to match yourself up with the perfect architect for your project, a process that isn’t that different from dating.

Last but not least, there are more than 70 pages filled with homes for sale throughout the Western U.S. Whether you’re in the market for a country farmhouse or a high-rise condo, there’s a little something for everyone.

This is just a sampling of what you’ll find in this issue of Windermere Living; we hope you enjoy it!

Read the Fall Issue of Windermere Living.

The post Windermere Living Fall Issue appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Ranked!

September 6, 2019/in Blog, Colorado Economy, Economics 101, Fun Facts, Home Price Appreciation, Housing Affordability, Housing Slow Down, Listing Inventory, Northern Colorado Real Estate, Recession, Stable Economy /by Fort Collins

The latest report from the Federal Housing Finance Authority is hot off the press. They rank 241 major metropolitan areas across the U.S. for yearly home price appreciation.

They show that, nationally, home prices have gone up 4.99% over the last 12 months.

Here’s how the major cities rank in Colorado among the 241:

#22 Greeley = 7.94%

#27 Colorado Springs = 7.64%

#63 Fort Collins = 6.34%

#133 Denver = 4.83%

#188 Boulder = 3.41%

** Interesting fun fact: In the WORST economy of our lifetime (2008 recession), home appreciation in Fort Collins only went down 2.2%. Compare that to places like Las Vegas that went down by over 35%! Now that’s a stable economy.**

The post Ranked! appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Case-Shiller

August 30, 2019/in Blog, Case-Shiller Index, Colorado, Denver, Friday Fun Facts, Fun Facts, Home Price Index, Las Vegas, market, Phoenix, Price Appreciation Percentage, real estate, Windermere Real Estate /by Fort Collins

The Case-Shiller Home Price Index is a well-known report in the real estate industry and a valuable way to gauge what is happening in various markets across the Nation.

The report tracks home price appreciation in the 20 largest markets in the country.

Their most recent report shows that, Nation-wide, home prices are up 2.1% year-over-year.

Last year prices were rising at 6.3%. So, prices are still going up but not as fast as they were.

The city with the highest appreciation over the last 12 months is Phoenix with 5.8% growth followed closely by Las Vegas at 5.5%.

Denver came in at 3.4% which makes it tied for 8th place out of the 20 cities.

The post Case-Shiller appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

A Closing Window

August 23, 2019/in Blog, Buyer, closing, Fall, Friday Fun Facts, Front Range, Fun Facts, home sellers, Homes Sold, percentages, Prices, real estate, Spring, summer, Windermere Real Estate, winter /by Fort Collins

For home sellers who would like to move to a new home this year, there is a window of time that is closing as we head into the Fall months.

Most people know that the Spring and Summer are the most active months for real estate and that activity trails off into the Fall and Winter.

Here are the specific numbers behind this…

The number of homes sold along the Front Range in November tends to be between 15% and 29% lower than September.

That means the best window of time for current sellers to obtain a contract from a buyer and close by the end of the year will occur over the next 45 days.

For sellers who have homes on the market today, it is time to ensure that:

The home is priced right versus the competition
All of the marketing elements are in place
It is easy for a buyer to make an offer on the home

The post A Closing Window appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

How Much?

August 16, 2019/in Average Price, Blog, Friday Fun Facts, Fun Facts, Larimer County, northern colorado, Sales Volume, Single-Family Home, Sold, Total, Weld County, Windermere Real Estate /by Fort Collins

So how much real estate is sold in Northern Colorado?

As it turns out, a lot!

Last month alone there were 1,099 single family homes that sold in Larimer and Weld Counties

The average price was $429,144 which means the total sales volume for one month was $471,629,129 (almost a half a billion)!

Over the last 12 months, just over $4.5 billion worth of single-family homes have sold.

That’s a lot of real estate!

The post How Much? appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

On Sale

August 9, 2019/in Blog, Buyers, Down, down payment, Friday Fun Facts, Fun Facts, interest rates, Long term average, Mortgage, Numbers, Percentage, Principal, Today's Rates, Windermere Real Estate /by Fort Collins

With interest rates so low, one could argue that money is essentially on sale.

It’s actually half off.

30-year mortgage rates hit 3.75% which is exactly half of their long term average.

Rates have averaged 7.5% over the last 40 years so today buyers are getting half of that rate.

The “sale” on mortgage rates creates a significant savings in monthly payment because of the 1%/10% rule.

For every 1% change in interest rate, the monthly payment will change roughly 10%.

So when rates go up to 4.75%, a buyer’s payment will be 10% higher.

For example, the principal and interest payment on a $400,000 home with a 20% down payment at today’s rates is $1,482.

If rates were 1% higher, the payments jump up to $1,669.

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

What We Notice

August 2, 2019/in Blog, Friday Fun Facts, Fun Facts, homes, inventory, market, potential buyers, Price Range, up, Windermere Real Estate /by Fort Collins

Here are some observations we have about the market right now:

Inventory is up, price reductions are up, the length of time to sell a home is up
Seller concessions are more prevalent
Sellers are more willing to accept contingent offers (especially in higher price ranges)
If a home doesn’t sell within a week, it often becomes stigmatized by the market and potential buyers assume there must be something wrong with it
Homes that likely would have sold within hours a year ago, are now sitting on the market
Condition is super-important as buyers become even more picky
Pricing a property correctly on day one is paramount
Sellers who over-price their property are finding themselves chasing the market

The post What We Notice appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Home-ownership Rate

July 26, 2019/in 1996, 2005, average, Blog, Census, Friday Fun Facts, Fun Facts, home ownership, Homeowners, Normal, Numbers, rates, Windermere Real Estate /by Fort Collins

An interesting stat which can give some insight to the national market is the Home-ownership Rate.

It simply looks at the percentage of Americans who own their home instead of rent.

The most recent report from the Census Bureau shows the rate at 64.2%.

Most importantly, this number is showing stability after many years of change.

After many years of hovering around 64%, the Home-ownership Rate started increasing in 1996 and reached as high as 69.5% in 2005.

2008 started several years of declining back to the pre-1996 levels of 64%.

So today it’s back to what seems to be “normal” based the long-term average.

The post Home-ownership Rate appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Compound Effect

July 19, 2019/in 2030, Blog, Colorado, Colorado State demographics, fort collins, Friday Fun Facts, Front Range, Fun Facts, Growth, increase, Population Growth, Pueblo, Windermere Real Estate /by Fort Collins

If you have driven on I-25 lately you may have noticed that the Front Range is a popular place.

The projections show that it will only get more popular in the future.

Today, 4.8 million people live along the Front Range from Fort Collins down to Pueblo.

In 2030, just 11 short years from now, 5.7 million people will live here. Yes, that’s almost 1 million more than today.

This is all according to the Colorado State Demographers Office.

While this seems like a big increase, keep in mind that this assumes that population growth occurs at a fairly modest 1.7% per year.

It seems that our state will continue to grow and there will continue to be a demand for housing.

The post Compound Effect appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Sign Surprise

July 12, 2019/in active, Blog, closing, For Sale signs, fort collins, Friday Fun Facts, Fun Facts, Greeley, homes, loveland, market, nothern colorado, sale, Single family homes, under contract, Windermere Real Estate, windsor /by Fort Collins

Given how active our market is today and has been over the last few years, many people assume that virtually every home with a “For Sale” sign in the front yard is already under contract.

They are surprised to learn that, in most cases, the “For Sale” sign does indeed represent a home that is actively for sale.

For example, today in Fort Collins there are 655 single-family homes on the market. 290 of these are under contract and will be closing soon. 365 of these are still active. So, 56% of the signs in Fort Collins are in front of homes that are still available.

Here are the specific numbers for each of our Northern Colorado markets:
• Fort Collins = 56%
• Loveland = 57%
• Windsor = 58%
• Greeley = 41%

The post Sign Surprise appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Keep Updated!

Friday Fun Facts – Thanksgiving Edition! November 22, 2024
Fun and Fascinating Thanksgiving Facts Thanksgiving is a beloved holiday in the United States, celebrated with family gatherings, festive meals, and a spirit of gratitude. While many know the basics of the tradition, there are some lesser-known facts about this cherished day that might surprise you. 1. The First Thanksgiving Wasn’t Just One Day […]
Friday Fun Facts – What Home Renovations Aren’t Worth The Price Tag November 8, 2024
If you’ve ever wondered how much it would cost to renovate your home and if it’s worth it… you are not alone. According to data from Forbes, the average home renovation costs $41,600, with projects ranging from $1,200 to $82,000, depending on the size of your home and the scope of the work involved. While […]
Friday Fun Facts – The Average American Moves 12 Times in Their Life November 1, 2024
According to the U.S. Census Bureau, the average American moves approximately 11.7 times throughout their lifetime. However, this number varies widely depending on factors such as age, income, and marital status. Young adults between the ages of 18 and 34 move much more frequently than older adults. Folks between 18 and 34 have an average […]