Health Crisis not Housing Crisis

Here is the latest video from our Chief Economist Matthew Gardner.  It’s full of great nuggets about what is happening in the economy and the real estate market today.  Just click the image below to play the video.

Posted on April 3, 2020 at 5:09 pm
Jon Holsten | Category: Northern Colorado Real Estate, Windermere Real Estate | Tagged , , , , , ,

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 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 February 25, 2020 at 8:00 am
Jon Holsten | Category: Buying, Windermere Real Estate | Tagged , , , , , , ,

Save Your Spot

A quick, simple Fun Fact for you this week…

It’s time to sign up and register for our annual Market Forecast event.

We will be live in Denver on January 15th at the Wellshire Events Center.

And In Fort Collins on January 16th at the Marriott.

Both events start at 5:30.  Choose which location works best for you.

Matthew Garder, our Chief Economist, is the Keynote speaker.

Click the links above to RSVP.

 

It’s time to register for our annual Market Forecast event.  We will be live at 5:30 on January 16th at the Marriott in Fort Collins.  Back by popular demand is our Chief Economist Matthew Gardner.  Save your seat HERE.

7037389_1576607038yQiWINRE_Logo_2020Forecast_201912.jpg

Posted on December 27,

 

Posted on December 30, 2019 at 3:51 pm
Jon Holsten | Category: Uncategorized | Tagged , , , , , , , , , , , , ,

The Slow Down in Foreign Buyers

The United States housing market is experiencing a significant reduction in foreign buyers. Windermere Chief Economist, Matthew Gardner, cites several factors that could be contributing to this trend and offers his opinions as to what to expect in this recent Market Update.

Posted on September 6, 2019 at 8:00 am
Jon Holsten | Category: Buying, Housing Trends, Selling, Windermere Real Estate | Tagged , , , , , , ,

Mortgage Rate Forecast

Geopolitical uncertainty is causing mortgage rates to drop. Windermere Chief Economist, Matthew Gardner, explains why this is and what you can expect to see mortgage rates do in the coming year.

 

Over the past few months we’ve seen a fairly significant drop in mortgage rates that has been essentially driven by geopolitical uncertainty – mainly caused by the trade war with China and ongoing discussions over tariffs with Mexico.

Now, mortgage rates are based on yields on 10-Year treasuries, and the interest rate on bonds tends to drop during times of economic uncertainty.  When this occurs, mortgage rates also drop.

My current forecast model predicts that average 30-year mortgage rates will end 2019 at around 4.4%, and by the end of 2020 I expect to see the average 30-year rate just modestly higher at 4.6%.

Posted on July 4, 2019 at 8:00 am
Jon Holsten | Category: Buying, Housing Trends | Tagged , , , , , ,