Single family new housing starts in 2022 will show an increase versus last year, will be the most since 2007, and will still be well behind the peak of 2006. This year, experts predict that a total of 1.1 million single family homes will be started. In 2021 there were 970 thousand new home starts. The […]
The post Still Behind appeared first on Windermere Colorado REALTORS.
During a time of varying opinions and heavy speculation about the Front Range real estate market, let’s see what the actual numbers are telling us: Inventory is up significantly year over year: Larimer County = +48% Weld County = +52% Metro Denver = +74% However, supply is still low as measured by months of inventory: […]
The post What the Numbers Say appeared first on Windermere Colorado REALTORS.
The best news in a long time has finally arrived for buyers. Inventory is up, frenzy is down. Buyers who were frustrated, confused and disappointed by the market a few months ago are now coming back to find a much more reasonable environment. Demand is still high for sure. However, the intense, frenzied competition has […]
The post The Best News appeared first on Windermere Colorado REALTORS.
A positive outcome of the cooling housing market is lower lumber prices. Lumber is now priced at $605 per thousand board feet. This is a new low for 2022. Prices for lumber are now down 47% for the year and are well below the 2021 peak of $1,733 per thousand board feet. What’s causing this? […]
The post Timber! appeared first on Windermere Colorado REALTORS.
Here is what we notice about the market right now: Listings are receiving fewer offers compared to 60 days ago – instead of 10 offers, a listing might have 2. There are now several instances of a listing only having one offer. Sellers who were overly-aggressive with their list price have to quickly reduce in […]
The post What We Notice appeared first on Windermere Colorado REALTORS.
In Front Range markets, the number of homes for sale has just hit bottom or is about to hit bottom. This is terrific news for home buyers who have been waiting for more homes to choose from. The market is shifting, there is no doubt about that. Prices are still increasing and we expect them […]
The post Inventory Bottom appeared first on Windermere Colorado REALTORS.
You know that saying, “don’t judge a book by its cover?” Unfortunately for home sellers, most home buyers are quick to judge a house by its exterior. It’s can be one of the quickest ways to weed out homes that are less desirable in the sea of for-sale signs. We don’t want your home to […]
The post Before You Sell: Affordable Curb Appeal Tips appeared first on Windermere Colorado REALTORS.
A leading indicator of the health of any real estate market is Mortgage Delinquencies. Specifically, the percentage of mortgages which are at least 30 days delinquent can foretell the amount of distressed properties that may hit the market in the future. The most recent research shows that only 4.11% of all loans are delinquent. This […]
The post Delinquent Indicator appeared first on Windermere Colorado REALTORS.
The following analysis of select counties of the Colorado real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere Real Estate […]
The post Q1 2022 Colorado Real Estate Market Update appeared first on Windermere Colorado REALTORS.
This week, take a listen to Matthew Gardner, Windermere’s Chief Economist as he discusses the current state of the housing market.
He takes a deep dive into interest rates, price appreciation and where the market is headed.
You can wat...
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