April real estate is off to a strong start in Northern Colorado.
Larimer County sales are up 20% compared to last April. Pending sales are 7% higher.
Weld County sales are up 16% and pendings are up 30%.
This is despite the fact that rates are slightly higher than one year ago.
It looks like a strong spring is in store for NoCo.
The post Strong Start appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
April real estate is off to a strong start in Northern Colorado.
Larimer County sales are up 20% compared to last April. Pending sales are 7% higher.
Weld County sales are up 16% and pendings are up 30%.
This is despite the fact that rates are slightly higher than one year ago.
It looks like a strong spring is in store for NoCo.
The post Strong Start appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
The recent drop in mortgage rates triggered a measurable uptick in sales activity.
So far through the first 10 days of November, pending activity in Northern Colorado is up versus the same 10 days last year.
This is despite interest rates being higher than they were last year.
Mortgage rates just had their biggest one-week drop in over a year and buyers clearly responded.
Pending sales through November so far are up versus last year:
48% in Larimer County
20% in Weld County
The post A Rate-Induced Pop appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Temperatures may be cooling off but the Front Range real estate market is not.
Typically the market starts to slow down a bit in the Fall after a hot Spring and Summer.
Not this year.
The indicator we use to measure future closed sales is current pending sales.
Simply, we look at the number of properties under contract and scheduled to close versus the same time last year.
Current pending sales are way up along the Front Range when measured against 2019:
Metro Denver up 34.1%
Larimer County up 48.6%
Weld County up 50.2%
Based on these numbers, closed sales numbers over the next 60 days will be very strong.
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.
The post Pendings are Popping appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
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