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Market Trends | Colorado Front Range Real Estate Market Insight Blog

Thursday, February 18, 2021   /   by Jordan Waters

Colorado Front Range Real Estate Market Update February 2021





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.. ...

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  buyers, sellers, colorado real estate, market trends

Thursday, November 19, 2020   /   by Kevin Schumacher

Will Mortgage Rates Remain Low Next Year?

In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):


When you continually hear how rates are hitting record lows, you may be wondering: Are they going to keep falling? Should I wait until they get even lower?
The Challenge with Waiting
The challenge with waiting is that you can easily miss this optimal window of time and then end up paying more in the long run. Last week, mortgage rates ticked up slightly. Sam Khater, Chief Economist at Freddie Mac, explains:
“Mortgage rates jumped this week as a result of positive news about a COVID-19 vaccine. Despite this rise, mortgage rates remain about a percentage point below a year ago.”
While rates are still lower today than they were one year ago, as the economy cont ...

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  buyers, sellers, market trends, interest rates

Thursday, November 12, 2020   /   by Kevin Schumacher

[MARKET UPDATE] Front Range Real Estate November 2020





Want More Info or to Check Another City? Click Here to View a Detailed Real Estate Market Report
Homeownership is a Key to Building Wealth

For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data from the Federal Reserve, for the average homeowner...
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3 Ways Low Inventory is a Win for Sellers


The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR)...
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Featured Kevin Schumacher Team Home Listing
63 Acre Development Opportunity -- Windsor CO, 80550
 
Located a 1/2 mile from Water Valley, this AG opportunity is situated just off Highway 257. No. ...

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  buyers, sellers, colorado real estate, market trends

Tuesday, October 20, 2020   /   by Kevin Schumacher

[MARKET UPDATE] Front Range Real Estate October 2020

Want More Info or to Check Another City? Click Here to View a Detailed Real Estate Market Report



Do You Have Enough Money Saved for a Down Payment?

One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down...

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6 Reasons You’ll Win by Selling with a Real Estate Agent This Fall

There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale by Owner (FSBO), it’s critical to consider the following...

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Featured Kevin Schumacher Team Home Listing

16485 Burghley Court, Platte ...

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  buyers, sellers, colorado real estate, market trends

Wednesday, September 16, 2020   /   by Kevin Schumacher

[MARKET UPDATE] Front Range Real Estate September 2020





Want More Info or to Check Another City? Click Here to View a Detailed Real Estate Market Report
It’s Not Just About the Price of the Home

When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage rates. Low rates are actually making homes more affordable now than at any time since 2016, and here’s why.
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Just How Stong is the Housing Recovery?


The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major heal. ...

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  buyers, sellers, colorado real estate, market trends

The Kevin Schumacher Team at EXP Realty, LLC
1615 Foxtrail Drive, Ste 260
Loveland, CO 80538
720-230-3030

Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2020 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or eXp Realty LLC. *Not intended to solicit buyers under buyers agency, not intended to solicit listings currently listed.*The statements and opinions contained in this advertisement are solely those of the individual author and do not necessarily reflect the positions or opinions of eXp Realty, LLC, or its subsidiaries or affiliates (the “Company”). The Company does not assume any responsibility for, nor does it warrant the accuracy, completeness or quality of the information provided.
Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2021 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 21, 2021 2 AM. Information deemed reliable but not guaranteed by the MLS or Kevin Schumacher - The Kevin Schumacher Team / EXP Realty, LLC.
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