Almost there

We’ve been waiting for June to catch up.  It finally happened (almost).

 

Back in April, real estate activity was significantly limited and the showing of property was restricted which caused the number of closed properties in May and early June to be much lower than last year.

 

Bottom line, fewer properties going under contract in April caused fewer closings 30 to 45 days later.

 

Closed properties in May were down compared to 2019 by 44% in Northern Colorado and 43% in Metro Denver.

 

Then activity jumped significantly in May.  The number of properties going under contract was way up compared to last year.

 

We’ve been wondering when we would see this sales activity reflected in the number of closed properties.

 

Well, it finally happened (almost).

 

The number of closings so far in June compared to the same time period through June of 2019 is only down 1.8% in Northern Colorado and 1.6% in Metro Denver.

 

In both markets, there are only a handful of closings separating activity in June 2020 versus June 2019.

 

By the end of the month, when all the transactions are tallied up, we expect that June of this year will out pace June of last year in terms of number of transactions.

 

This is significant not only because of COVID-19, but also because of the reduced inventory compared to last year.  Quite simply, there are fewer homes to buy.

 

All of this speaks to the health and resiliency of the Front Range market.

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

POSTED ON JUNE 26, 2020 AT 9:10 AM
FORT COLLINS | CATEGORY: BLOG, FUN FACTS, WINDERMERE REAL ESTATE | TAGGED , , , , , , , , , , , , ,

Posted on June 26, 2020 at 4:50 pm
Maria Dellota | Posted in Colorado, Economics, Fort Collins Real Estate, Fun Facts, Northern Colorado Real Estate |

Economist’s Perspective

Our Chief Economist made a video for all of our clients where he shares his perspective on COVID-19’s impact on housing.  You can watch it by clicking the image below:


Posted on March 20, 2020 at 4:25 pm
Maria Dellota | Posted in Fort Collins Real Estate, Housing Trends, Northern Colorado Real Estate | Tagged ,

Rate Forecast

Our Chief Economist, Matthew Gardner, predicts that rates for a 30-year fixed mortgage will stay between 3.8% and 3.9% for 2020.

He doesn’t see rates going above 4.0% until at least the first quarter of 2021.

This is obviously great news for buyers as their payments will stay much lower as compared to having a rate at the long-term average of 7.5%.

If you would like to see the slides from Matthew Gardner’s Forecast presentation, we would be happy to get those in your hands.  Just let us know if we can help!


Posted on January 24, 2020 at 4:15 pm
Maria Dellota | Posted in Economics, Fort Collins Real Estate, Fun Facts, Northern Colorado Real Estate, Windermere Real Estate | Tagged , , , , ,

Terrific Ranch Style Home in Fort Collins!

Here’s your chance to own a home in central Fort Collins! 2719 Trenton Way in Fort Collins is freshly painted, with a large enclosed yard and no HOA. First American Home Warranty included. Come take a look. Call for your private showing at (970) 215-1013 for more information or click the link below for more details.

http://windermerenoco.com/listing/104701508


Posted on January 22, 2020 at 8:03 pm
Maria Dellota | Posted in Fort Collins Real Estate, Virtual Tour | Tagged , , , , , ,

Healthy Living is Easy in Colorado

With a backdrop of blue skies and rolling foothills, Northern Colorado provides many opportunities to embrace a healthy lifestyle. Locals invite you to explore the many natural areas, healthy restaurants, and community gatherings to fuel your body and inspire your spirit.

Yes, the weather may be colder and the days shorter this in these months, but here in Colorado, passionate people take advantage of the three hundred days of sunshine the state gets per year. On any winter day, you’ll see enthusiastic folks bundled up as they run, bike, and walk along the extensive trail systems and beautiful parks Northern Colorado has to offer.

Here’s a sample of three favorite places to bundle up and explore while colder temperatures still linger.

  1. Spend a Morning at Lory State Park

Full of wonderful trails and rolling hills, you can start the day at this State park just ten minutes from the north side of the city. You’ll spend just eight dollars for an entry fee and can meander along well-designed trails and enjoy beautiful views of Horsetooth Reservoir. Mountain bikers can enjoy the trails and this is a perfect place to try your new Fat Bike designed specifically for biking in snow.

2. Have a healthy brunch

After burning some calories, come back into town to enjoy brunch at one of the many healthy restaurants in Old Town. Tasty Harmony offers vegan and vegetarian faire, and Snooze Eatery, while known for decadent pancakes, also has a delightful “Like a Feather” menu for those conscious of the fuel you put in your body. Step into the Silver Grill Cafe and experience a favorite that has been around since 1933. Their menu, full of diner-style classics, has a range of options for the whole family.

3. Pick up some produce at the Winter Farmers’ Market

Fort Collins is proud to host a multitude of locally grown food options all year round. Stop by The Winter Farmers’ Market, located in the Opera Galleria in Downtown Fort Collins and visit vendors slinging fresh produce, grass fed beef and poultry, homemade sauces, spices, and goodies. The beautiful collection of fresh foods will tide you over until the city hosts four rotating farmers’ markets in the warmer months. This event is held once a month and is free to the public to attend.

https://www.loc8nearme.com/colorado/fort-collins/winter-farmers-market/5517957/

Living in Colorado is full of opportunities to delight the body, mind and spirit. It is a great place to call home – and a wonderful place to own a home. If you’re ready to explore opportunities for making your move, let’s connect.


Posted on January 21, 2020 at 10:44 pm
Maria Dellota | Posted in Blog, Colorado, Fort Collins Real Estate, Personal, Windermere Real Estate | Tagged , , , , , , , ,

Main Floor Living Condo!

2120 Owens Ave #102 offers front range views from the patio and an open floor plan inside. Across the street from Bacon Elementary school and a great location in southeast Fort Collins. Come check out this great investment opportunity or a place to call home. Call for your private showing at (970) 215-1013 for more information or click the link below for more details.

http://windermerenoco.com/listing/96269872


Posted on June 6, 2019 at 8:27 pm
Maria Dellota | Posted in Fort Collins Real Estate, Virtual Tour | Tagged , , , , , , , , , ,

Stunning 2 Story Home with Sun-room in Fort Collins!

The southern exposure sun room is just one of the highlights of this 2 story home at 707 McGraw Dr in the Coventry subdivision. Walking distance to McGraw Elementary School Front Range Community College. Lots of room to spread out – 4 bedrooms & a large loft upstairs. Nonconforming 5th bedroom on the main level. Master suite features radiant floor heating in the 5-piece bath, large walk-in closet & fireplace. Great landscaping with HOA maintained greenspace to the east which makes property look even bigger. Contact me for your private showing at 970-215-1013 or click the link below for more details.

http://housetohomemd.com/listing/78133744


Posted on April 20, 2018 at 7:24 pm
Maria Dellota | Posted in Fort Collins Real Estate, Virtual Tour | Tagged , , , , , , ,

Spacious Well-Maintained Townhome

Featuring 2 Bedrooms, 2 Bathrooms, An Open Floor Plan And Lots Of Natural Light!

Well-maintained end unit townhome near the Foothills. Wonderful opportunity for 1st time homebuyers or investors. Great space, lots of natural light and room to expand in the basement.

For more information, please visit: http://housetohomemd.com/listing/57353571 or call Maria Dellota at (970) 460-3033.


Posted on May 12, 2017 at 9:56 pm
Maria Dellota | Posted in Fort Collins Real Estate | Tagged , , , , , , , , , , , ,

Beautiful And Spacious Home With Remodeled Kitchen

Featuring 7 Bedrooms, 4 Bathrooms And An Attached 3-Car Garage!

A beautiful place to call home – 4,000 square feet to call your own on a large fenced lot in Westchase. Green space and neighborhood play area are a quick 5 minute walk away. Kitchen is newly remodeled and chef-ready, perfect for entertaining. Fresh paint in rich tones throughout the home create a cozy feel. The media area with stadium seating and pool table complement the finished basement.

For more information, please visit: http://housetohomemd.com/listing/56542161 or call Maria Dellota at (970) 460-3033.


Posted on April 21, 2017 at 8:36 pm
Maria Dellota | Posted in Fort Collins Real Estate | Tagged , , , , , , , , , , ,

100K

The City Manager for Fort Collins, Darin Atteberry, recently visited our weekly sales meeting. He had several interesting and valuable facts to share, including this…

lego-1044891_640Based on the City’s research, Fort Collins will grow by 100,000 people over the next 25 to 32 years. That will bring the population to approximately 255,000 people. It means Fort Collins will essentially add the equivalent of Boulder’s population over the next two and a half decades.

100,000 people will require 40,000 housing units. That equates to 1,600 new homes/apartments/condominiums/etc. per year for the next 25 years.

Wow!

If you are curious where all of these people with live and how Fort Collins will accommodate them, join us at our Third Annual Market Forecast event on January 19th! Windermere’s Chief Economist, Matthew Gardner, is flying here all the way from Seattle to present to us along with Eric Thompson, president of Windermere Colorado. Just visit www.WindermereForecast.com to reserve your seat.


Posted on December 7, 2016 at 4:20 pm
Maria Dellota | Posted in Blog, Fort Collins Real Estate | Tagged , , , , , , , , , , , , , , , , ,