Fun Facts

Blog No Bears in Sight Altos Research is one of the most trusted sources of real estate market information in the United States.  Each week they track every single home for sale across the Country.  They analyze the pricing, supply, demand, and status changes for all listings.  This amount of data allows them to expertly predict changes in the market. […]
Booming Real Estate Money at a Discount FUN FACTS • FEBRUARY 18, 2022 This week, for the first time in 32 months, mortgage rates hit 4%. While this increase may feel painful for buyers currently looking at property, it is important to put today’s rates in perspective. We believe we will look back a few years from now and see that a 4% rate […]
Booming Real Estate Guess the “At least list price” At Least List Take a guess.  Of the properties that have sold so far in April, how many of them sold for at least list price? Meaning, how many of them had a final sales price that was equal to or above the asking price? The answer… 88% for properties in Larimer County and 86% […]
Blog The Answer Is…YES BLOG • FOR BUYERS • FUN FACTS • HOMES FOR SALE • FEBRUARY 12, 2021 It turns out that ‘yes’ is the answer to the most common questions we hear right now about the market… Do you think more properties will come on the market this Spring?  Yes, the normal pattern in our market is […]
Blog Jobs – Bouncing Back Especially in NoCo “How could the real estate market be so strong in the middle of a pandemic?” That is a fair question and one we hear frequently from our clients. There are several reasons for this but two stand out. Interest rates Jobs Employment has bounced back much quicker than most people expected. When COVID first showed […]
Blog Bubble Talk A hot topic of conversation these days is the prospect of another real estate bubble.  People wonder if prices can continue at their current pace and some fear a repeat of 2008.   Because we get asked about this topic so often from our clients, we thought it would make sense to ask our in-house […]
Blog Is it worth it? Remodeling Impact Americans spend $400 billion per year remodeling their homes. So, which remodeling investment gives the best return when it comes to resale value? It should come as no surprise, especially leading up to Thanksgiving, that the best money to spend upgrading your home is in the kitchen. It’s the place where most homeowners spend most of […]
Colorado 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 […]
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Colorado Affordability Housing affordability is a hot topic especially after the strong price appreciation that has occurred in our market over the last 7 years. Here’s some interesting research on affordability… Each quarter the National Association of Home Builders measures affordability in hundreds of markets across the Country. Their method is to count the number of homes in […]
Economics Rate Forecast Here is our interest rate Forecast for the next year. 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 […]
Fun Facts Millennial Buyers Millennials often get a bad rap.  One of the myths about Millennials is that they don’t own homes and will be renters forever. Not true!  Especially on the Front Range of Colorado. Based on research by our very own Chief Economist, Matthew Gardner, Millennials make up a significant percentage of all home buyers in Metro […]
Fun Facts Zero Correlation It’s an election year which means that our clients are asking us if election years impact real estate. According to research done by Real Trends there is zero correlation between election years and the number of transactions in the market compared to non-election years. They found that sales were down in 1980, 1988, and 2008 compared to […]
Booming Real Estate Greeley is looking really good! The Greeley market is about to hit a major milestone. We project that in the first quarter of 2018, the average price for a single family home in Greeley will surpass $300,000. Today the average price sits at $289,870. Just a year ago it was $262,828. Guess when Greeley broke the $200,000 barrier? It was […]