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For Buyers & Sellers Vital Signs Here are the vital signs for the Northern Colorado market. First, Larimer County: Average prices are up 2.4% Number of transactions is down 2.5% Inventory is up 11.9% Days on market is up 4.1% Now, Weld County: Average prices are up 4.3% Number of transactions is up 3.6% Inventory is up 12.9% Days on market is […]
Fun facts 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 […]
Blog New Home News!   Nationally, sales of new homes are stronger than they have been in a long time. March was the best month since 2007 and April was the third-best month in that same time period.   This research comes from the National Association of Home Builders who show that we are on pace to sell 673,000 […]
Fun facts The Question of the Day As we are helping people understand their new property assessments and putting together information so that they may protest their new valuation, here is the most common question we hear… Did my property really go up that much? Here are some stats that will help you answer that question. First, you need to know that […]
Fun facts Vegas Baby!   The results are in from FHFA.gov’s latest ranking of the top performing markets in the U.S. Each quarter they track 245 cities across the country and rank their real estate markets by home price appreciation.   What’s the highest performing city the the U.S. Vegas!  Their prices have gone up 17.63% in the last year.   […]
Fun facts Misery Index Last week at our Market Forecast events, Chief Economist Matthew Gardner shared, among many stats, his famous “Misery Index.” A valuable statistic with a funny title. The Misery Index simply measures inflation plus unemployment. It’s an effective way to look at our Nation’s economy. Today’s Index sits just below 6%. Back in October 2011, it […]
Buyers The Whole Story Metro Denver has 2.1 months of inventory on the market. This means that, at the current pace of sales, it would take just over 2 months to sell every single-family home currently listed for sale. But that’s not the whole story because inventory levels vary drastically depending upon the price of the home. When we […]
Buyers Good Loan News Here are two recently-announced pieces of really good news for home buyers. • The Colorado Housing and Finance Authority recently raised the income limit for their down payment assistance program to $115,600. Now more people can get help with a down payment. • Fannie Mae and Freddie Mac raised their conforming loan limits so that […]
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Buyers HQ3? The Front Range may have lost out on Amazon’s HQ2, but that doesn’t mean their company won’t affect our economy. Denver was in the running for Amazon’s massive new second headquarters that supposedly would bring 50,000 new high-paying jobs and $5 Billion of investment. In the end Amazon chose to split the headquarters among two […]
Fun facts How We Rank Here’s how the largest Colorado cities rank on the most recent Federal Housing Finance Authority’s quarterly report.  They study the appreciation rate in 245 metropolitan areas all over the country. City                        Rank                Appreciation Boulder          […]
Fun facts The Wellington Explosion What if we told you there is a real estate market that has seen a 300% increase in sales volume in only 5 years? What if we told you that market was right in our back yard? The market is Wellington and what is happening there is extraordinary. Because price increases in Fort Collins have […]
Fun facts What’s Starting? Here are some interesting stats from our friends at Metro Study who study new home activity along the Front Range. • New home starts are up 14% compared to last year – this is really good news and is helping to relieve the shortage of housing inventory • Every product type saw an increase in […]
For Buyers & Sellers FUNdamentals   In times of change (like now), it’s valuable to look at the fundamentals of our market. Let’s have some fun with fundamentals… 1.  Our economy is healthy – since 1990, the unemployment rate in Colorado has never been higher than the U.S. unemployment rate.  Ever.  Unemployment in Colorado sits at 2.7% today while the rate across the U.S. […]
Fun facts What’s Starting? Here are some interesting stats from our friends at Metro Study who study new home activity along the Front Range. • New home starts are up 14% compared to last year – this is really good news and is helping to relieve the shortage of housing inventory • Every product type saw an increase in […]
Fun facts How We Rank Here’s how the largest Colorado cities rank on the most recent Federal Housing Finance Authority’s quarterly report.  They study the appreciation rate in 245 metropolitan areas all over the country. City                        Rank                Appreciation Boulder          […]
Fun facts What’s Starting? Here are some interesting stats from our friends at Metro Study who study new home activity along the Front Range. • New home starts are up 14% compared to last year – this is really good news and is helping to relieve the shortage of housing inventory • Every product type saw an increase in […]
Fun facts The Wellington Explosion What if we told you there is a real estate market that has seen a 300% increase in sales volume in only 5 years? What if we told you that market was right in our back yard? The market is Wellington and what is happening there is extraordinary. Because price increases in Fort Collins have […]
Fun facts How We Rank Here’s how the largest Colorado cities rank on the most recent Federal Housing Finance Authority’s quarterly report.  They study the appreciation rate in 245 metropolitan areas all over the country. City                        Rank                Appreciation Boulder          […]
Fun facts 6 Clever Ways to Disguise Trash Bins You probably don’t give much thought to your garbage cans, other than remembering to put them out on the right day. But we all have to store our trash and recycling bins somewhere, and doing so can be a challenge on a smaller property, especially if you don’t want them to be an eyesore. If […]
Fun facts Did You Know? Did you know the average price appreciation over the long term, according to the Federal Housing Finance Authority (who’s been studying this for 40+ years) is… ·         5.63% per year for Metro Denver ·         5.35% per year for Larimer County ·         4.5% per year for Weld County If you want to be totally clear on all […]
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