What's ahead for our 2022 housing market?
If you’re thinking about making a move, doing so before prices rise will help you leverage home equity while you can still lock in a low rate and take advantage of current home price appreciation. Here's our November Market Update with the details.


Check the Market Trend Stats for Each City



  

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All data is based on information from IRES inc, METROLIST inc, DBA RECOLORADO® and Matrix v7.1. CoreLogic. Data reflected includes attached dwellings in each cities market. The Kevin Schumacher Team nor eXp Realty LLC does not provide any guarantee and is not responsible for accuracy. Data maintained by IRES inc. and METROLIST inc. may not reflect all real estate activity in the market. The statements and opinions contained in this advertisement are sol ...

Want More Info or to Check Another City? Click Here to View a Detailed Real Estate Market Report
4 Big Incentives for Homeowners to Sell Now
The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market is for more listings to come on the market. However, many homeowners are concerned that selling their homes could be challenging for several reasons...
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Should I Buy Now or Wait?


Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates...
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Featured Kevin Schumacher Team Home Listing

3752 W 16th Street Lane, Greeley, CO 80634
 The last buildable lot in the well sought after. ...

Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to keep on the radar this season.
The Biggest Perk for Buyers: Low Mortgage Rates
 Today’s most compelling buyer incentive is low mortgage interest rates. The 30-year fixed-rate is now averaging just over 3%. While that’s slightly higher than the record-lows from 2020 and earlier this year, it’s still way lower than historic norms, making purchasing a home an ongoing perk for hopeful buyers (See graph below):

This is a huge advantage for buyers and helps to make owning a home attainable for more households – and there’s good reason to strive for homeownership. The latest Homeowner Equity Report from CoreLogic shows how homeown ...

Some Highlights
• Today’s home price appreciation is driving equity higher throughout the country.
• If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move.
• Now is a great time to put your equity toward a down payment on the home of your dreams. ...

Want More Info or to Check Another City? Click Here to View a Detailed Real Estate Market Report
Should I Wait for a Lower Mortgage Interest Rate?

Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates imaginable. However, the reality is, acting sooner rather than later may be the actual win if you’re ready to buy a home...
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What Record-Low Housing Inventory Means for You


The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today. Last week, the National Association of Realtors (NAR) rel. ...