Windermere Principal Economist Jeff Tucker analyzes the National Association of REALTORS’ September U.S. home sales report, what the findings say about the current housing market, and why mortgage rates have been rising in recent weeks.
The post Friday Fun Facts – Have We Reached a Balanced Market? appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
As we transition from September to October, the real estate market is showing signs of stability and balance. Inventory levels are beginning to flatten out, providing buyers with more options to choose from. Sellers are becoming more flexible, willing to negotiate, make repairs, and offer concessions to close deals.
Buyers currently have increased negotiating power, as sellers are more willing to engage in negotiations and make concessions. With a stable inventory and a market that offers more time for decision-making, now may be an opportune time for buyers to explore their options.
For personalized insights and guidance tailored to your specific real estate goals, feel free to reach out to our team at Windermere Real Estate. We are here to help you make informed decisions and seize the opportunities presented by the current market conditions.
The post FRIDAY FUN FACTS – Transitioning into Fall appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
As we transition from September to October, the real estate market is showing signs of stability and balance. Inventory levels are beginning to flatten out, providing buyers with more options to choose from. Sellers are becoming more flexible, willing to negotiate, make repairs, and offer concessions to close deals.
Buyers currently have increased negotiating power, as sellers are more willing to engage in negotiations and make concessions. With a stable inventory and a market that offers more time for decision-making, now may be an opportune time for buyers to explore their options.
For personalized insights and guidance tailored to your specific real estate goals, feel free to reach out to our team at Windermere Real Estate. We are here to help you make informed decisions and seize the opportunities presented by the current market conditions.
The post FRIDAY FUN FACTS – Transitioning into Fall appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Did you know home values in Larimer County have more than doubled in the last ten years?
Larimer County average prices are up 125% compared to 2014. Weld County’s are up 134%
Here’s where it gets interesting…
Many people would guess that a significant portion of those gains occurred in the last five years.
However, in Larimer County the last five years of price growth was only slightly higher than the previous five years.
Weld County actually saw more price growth, on a percentage basis, from 2014 to 2019 as compared to 2019 to today.
The post The Last Decade appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Did you know home values in Larimer County have more than doubled in the last ten years?
Larimer County average prices are up 125% compared to 2014. Weld County’s are up 134%
Here’s where it gets interesting…
Many people would guess that a significant portion of those gains occurred in the last five years.
However, in Larimer County the last five years of price growth was only slightly higher than the previous five years.
Weld County actually saw more price growth, on a percentage basis, from 2014 to 2019 as compared to 2019 to today.
The post The Last Decade appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
The statistic that is leaping so far in 2024 is inventory.
Northern Colorado is seeing a big uptick in number of homes for sale.
However, it is not an alarming amount and is still a ‘Seller’s Market’ by definition.
Larimer County inventory is up 39% and Weld County is up 48%.
Months of inventory is up to 2.3 in Larimer County from 1.7 months a year ago.
Weld County is also at 2.3 months today and was only 1.2 months a year ago.
With higher inventory comes more selection for buyers and more importance for sellers to price right.
The post Leap Year appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
The statistic that is leaping so far in 2024 is inventory.
Northern Colorado is seeing a big uptick in number of homes for sale.
However, it is not an alarming amount and is still a ‘Seller’s Market’ by definition.
Larimer County inventory is up 39% and Weld County is up 48%.
Months of inventory is up to 2.3 in Larimer County from 1.7 months a year ago.
Weld County is also at 2.3 months today and was only 1.2 months a year ago.
With higher inventory comes more selection for buyers and more importance for sellers to price right.
The post Leap Year appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
The market is changing. The change is slight, not drastic.
Both potential sellers and potential buyers need to know that the pace of the market has slowed since the Spring.
Here is one way we track this change…
A review of the August numbers shows the pace of sales in each of our Front Range markets:
Based on the pace of sales, we can determine the inventory of current homes for sale measured in days:
Then we can measure the increase in days of inventory versus April of this year:
The post Tracking Change appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
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