Fun Facts

Fun Facts

From Renting To Owning

According to a report by Fannie Mae, 74% of consumers plan to buy a home the next time they move. This included 43% of consumers that are currently renting. The interesting fact is that 9 out of 10 consumers overstated or didn’t know the minimum down payment required for most mortgage programs. The great news is that […]
Fun Facts, New Construction

Like 1993

Here’s a trivia question… The number of new, single-family homes completed in 2022 will most closely resemble which prior year? If you guessed 1993, you are correct. Yes, the number of homes built and completed this year is no more than the number from 30 years ago. In 2022, there will be just over 1 […]
Blog, For Buyers, Fun Facts, Home Ownership

What Is a Homeowners Association and How Much Are HOA Fees?

Becoming a homeowner comes with many responsibilities, but if the home you’re purchasing requires you to be part of a Homeowners Association (HOA), you’ll have to follow additional guidelines and pay additional fees. As you’re looking for homes, talk to your agent about whether purchasing a home that’s part of an HOA is right for you. […]
For Buyers, For Sellers, Fun Facts, Home Ownership, Living

Moving Checklist: A Step-by-Step Guide to the Moving Process

Once you and your agent work through the process of selling your home, there comes a point when it’s time to switch gears and get ready to move. It can be difficult to juggle the various steps of the moving process, especially if you’re Buying and Selling a Home at the Same Time. Using a moving […]

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Fun Facts From Renting To Owning According to a report by Fannie Mae, 74% of consumers plan to buy a home the next time they move. This included 43% of consumers that are currently renting. The interesting fact is that 9 out of 10 consumers overstated or didn’t know the minimum down payment required for most mortgage programs. The great news is that […]

Fun Facts Like 1993 Here’s a trivia question… The number of new, single-family homes completed in 2022 will most closely resemble which prior year? If you guessed 1993, you are correct. Yes, the number of homes built and completed this year is no more than the number from 30 years ago. In 2022, there will be just over 1 […]

Blog What Is a Homeowners Association and How Much Are HOA Fees? Becoming a homeowner comes with many responsibilities, but if the home you’re purchasing requires you to be part of a Homeowners Association (HOA), you’ll have to follow additional guidelines and pay additional fees. As you’re looking for homes, talk to your agent about whether purchasing a home that’s part of an HOA is right for you. […]

For Buyers Moving Checklist: A Step-by-Step Guide to the Moving Process Once you and your agent work through the process of selling your home, there comes a point when it’s time to switch gears and get ready to move. It can be difficult to juggle the various steps of the moving process, especially if you’re Buying and Selling a Home at the Same Time. Using a moving […]

Fun Facts What Gives? “I thought the market was cooling off, so why are prices still going up?” This is a frequent question we hear from our clients. They are understandably confused by the fact that average prices have continued to rise at a rapid pace even though sales activity is slower than what it was 6 months ago. […]

For Buyers The Difference Between a Real Estate Agent and a Mortgage Broker Throughout the course of buying a home, you’ll work with a variety of professionals, all with specific training to help you through each stage of the process. With such a cast of specialists around you, it’s helpful to know everyone’s responsibilities and which questions to ask whom. One important distinction to be made is the […]

For Sellers Preparing to Sell Your Home: A Complete Checklist Getting your home ready to sell can feel like a circus act. Without the right organization, juggling the countless moving parts involved in this stage of the selling process can take its toll. This is the perfect opportunity to create a checklist to keep yourself on track and within your budget. The following information will illuminate […]

Community Windermere Participates in 38th Annual Community Service Day Windermere offices close for business every year in June to participate in Community Service Day, an annual tradition since 1984 where our agents, staff, and franchise owners spend the day volunteering in their communities. We’ve gathered a handful of stories to share a glimpse of what Community Service Day 2022 looked like around our network. Windermere Real […]

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Fun Facts Still Behind 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 […]

Fun Facts The Best News 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 […]

Design 5 Tips for Cutting the Cord: Switching from Cable to Subscription TV “Cutting the cord” can mean something different in every household. For some, it’s a complete abandonment of cable TV and the fees that come with it, while in another household it may be a mix of cable- and subscription-based programming. Regardless of where you are in the spectrum, it’s worth it to audit your household’s […]

Fun Facts Inventory Bottom 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 […]

Colorado Real Estate Delinquent Indicator 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 […]

Buyer's Agent Half A Month There is half of a month of inventory on the market. In other words, at the current pace of sales, it would take just two weeks to sell all of the homes currently listed for sale along the Front Range. By definition, a market is balanced when there is 4 to 6 months of inventory. […]

Finance Selling Your Home: Capital Gains Tax When you sell your home, you stand to receive an influx of cash. Though there are several costs associated with a home sale, you can likely still bank on the fact that you’ll be depositing a lump sum in the near future. But before you start planning how you’ll use the money or start looking for […]

Finance Interest-ing The recent increase in mortgage rates has started some home buyers to look at programs that have fixed rates for 7 years or 10 years instead of 30 years. If a buyer believes it is likely they will move or even refinance within this timeframe, these types of programs can be a good option. The […]

Colorado Real Estate Active Average While we frequently research and discuss average prices for properties that sell, it is also interesting to look at the average prices for properties that are active on the market but not sold yet. These are the average prices, by area, for properties currently listed for sale and not sold yet: Metro Denver = $954,000 […]

Berthoud Real Estate No Foolin’ This is not an April Fool’s joke. Average prices in Metro Denver just exceeded $700,000 in Metro Denver. Larimer County isn’t far behind. For the month of March, the average residential sales price in the 5-county Metro Area was $704,000. This does not include Boulder County. Larimer County was $691,000 and we expect to see […]