Wednesday, January 12, 2022 / by Kevin Schumacher
As we begin another year, one of your goals may include selling your home. If you’re thinking about doing that, now would be a great time.
The following are the three main reasons:
1. We did notice two trends in 2021: a low supply of homes for sale and supply chain issues. These trends are predicted to continue in 2022, which is good news for sellers because a low supply means higher prices.
2. After another strong year of appreciation, 2022 may see a slight slowdown. Homes will still increase in value, but the rate of appreciation is expected to slow based on predictions from the National Association of Realtors.
3. Today’s average interest rate are still low but rising. Today’s average interest rate on a 30-year fixed-rate mortgage is in the low 3% range. However, the Federal Reserve recently announced that it will wind down its bond purchases, which will cause rates to increase across the board. This may cause even more buyers to enter the market now ...
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Friday, December 17, 2021 / by Kevin Schumacher
This is the last Monthly Market Report for 2021, and I want to quickly say, THANK YOU to all of you who watched the Monthly Market Report each month so that you are the most educated in the Colorado Front Range Real Estate Market. We are grateful for your support over the years and look forward to being your real estate resource for the Colorado Front Range for years to come. Over the last 28 years in business, we have met some amazing people and are so thankful for the referrals and repeat business!
Let's now break down the numbers here in the Front Range Colorado!
Check the Market Trend Stats for Each City
Connect With Our Team on Social Media!
Keep up to date with Front Range Market Trends, Community Events, Contest/Giveaways and More!
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 marke ...
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Tuesday, November 16, 2021 / by Kevin Schumacher
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
Connect With Our Team on Social Media!
Keep up to date with Front Range Market Trends, Community Events, Contest/Giveaways and More!
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 ...
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buyers, sellers, colorado real estate, market trends
Monday, May 10, 2021 / by Kevin Schumacher
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. ...
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buyers, sellers, colorado real estate, market trends
Tuesday, April 20, 2021 / by Kevin Schumacher
Want More Info or to Check Another City? Click Here to View a Detailed Real Estate Market Report
There's No Reason to Panic Over Today's Lending Standards
Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles about the availability of low down payment loans and down payment assistance programs are causing fear that we’re returning to the bad habits seen 15 years ago. Let’s alleviate these concerns...
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Buyer & Seller Perks in Today’s Housing Market
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 . ...
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