Beautiful Windsor Lake Views

Be the first to enjoy the unique experience of waking up to breathtaking views of Windsor Lake at 610 Cedar Street. Located in Windsor’s Downtown District you will have immediate access to restaurants, shopping and entertainment. Each unit offers high-end finishes, over-sized double pane windows in almost every room, and a charming patio to enjoy Colorado’s beautiful summer evenings. Call for your private showing at (970) 775-4030 for more information or click the link below for more details.

http://windermerewindsor.com/listing/101145034


Posted on August 25, 2020 at 11:00 am
Justine Marx | Posted in Blog, Virtual Tours, Windsor Real Estate | Tagged , , , , , , , , , ,

Mortgage Interest Rates – What Difference Does It Make

A 1% decrease in Mortgage Interest Rates can provide significant savings to your monthly and annual mortgage payments.

Let’s use an example:

Purchase Price: $300,000

Loan Terms:

  • 30 Year Conventional
  • 20% Down
  • Fixed Rate:
    • 5% – Monthly Principal & Interest = $1,288
    • 4% – Monthly Principal & Interest = $1,145
          •   Est Savings = $143 per month, $1,700 per year

 

Just a 1% increase added about $143 to this buyers monthly P&I and a little over $1,700 to the annual P&I. So there is a difference; a big difference. This example is calculated with a 20% down payment. If we adjust that to a lower down payment, say 5%, there is larger savings to be had per month as the buyer is leveraging more on the loan.

 

Purchase Price: $300,000

Loan Terms:

  • 30 Year Conventional
  • 5% Down
  • Fixed Rate:
    • 5% – Monthly Principal & Interest = $1,530
    • 4% – Monthly Principal & Interest = $1,360

   Est Savings = $170 per month , $2,040 per year

 

Engage or re-engage with a lender to understand how these low interest rates can make home ownership more achievable.


Posted on March 19, 2020 at 8:46 pm
Justine Marx | Posted in Buyers, WHO LOVES STATS, Windsor Real Estate | Tagged , ,

Lovely Stats

  • Prices are up 3.5% compared to last year
  • Inventory is up 10% which means there is more selection for buyers
  • We just had the most active January in terms of closings in over 10 years
  • Well over 13,000 residential properties representing $5.4 Billion of volume has sold in the last 12 months

If you would like to see a video recap of our annual Market Forecast you can watch that HERE.


Posted on February 14, 2020 at 4:47 pm
Justine Marx | Posted in Buyers & Sellers, Colorado Real Estate Market, WHO LOVES STATS, Windsor Real Estate | Tagged , , , , ,

INTERIOR & EXTERIOR SELECTIONS

It’s no secret that whites, grays, and neutrals create a very elegant, clean and modern look to any interior space. Which is what inspired us to design two very sharp color palettes of warm + cool grays and neutrals for our Cedar St, Windsor Lake condominium new builds. Coupled with a rich dark and cool gray exterior scheme, our homeowners will be in love with the aesthetic views of their new home. Each selection was made to maximize the openness and brightness of the living, dining, and kitchen space and to make each condominium feel large, and yet very warm and cozy.


Posted on January 29, 2020 at 8:42 pm
Justine Marx | Posted in Windsor Real Estate | Tagged , , , ,

Credibility in Real Estate Statistics & Market Trends

 

Are the national and local market and trends that are being fed to you credible? Is your real estate resource full of trustworthy statistics that enhance your knowledge of whether to buy or sell? Know that It is okay to ask for the source and credibility of the statistics that are influencing your future home buying decisions. It is only the biggest purchase of your lifetime.

When working with my clients I feel confident in the market trends and statistics that I provide. I leverage one of the most powerful resources in real estate, Matthew Gardner, Chief Economist at Windermere. Matthew is a well-respected economist with 28 years of professional experience in both the U.S. and U.K. In short, his strengths are in analyzing and interpreting real estate market trends, as well as accurately forecasting and delivering what to expect in the new year. If you are unfamiliar with Matthew and his influence, send me a request to receive our quarterly Gardner Reports to understand the significance of Matthew’s output, and most importantly our local market trends. Even Better!!! If you would like to experience Matthew firsthand, attend our Windermere Annual Forecast the January in Fort Collins and Denver. Contact me for more details and to RSVP as spots are limited.


Posted on December 4, 2019 at 4:46 pm
Justine Marx | Posted in Economics, Economics 101, Fort Collins Real Estate, Housing Trends, Real Estate, Real Estate Outlook, WHO LOVES STATS, Windsor Real Estate | Tagged , , , , , , , , ,

THE PRICE IS RIGHT!

 

As a seller it’s easy to have your head in the clouds when it comes to pricing your home. Being biased is completely understandable. You did create some of your best memories in this home; you and your son remodeled the bathroom together using the highest quality and most appealing material; your kitchen was recently updated with this year’s hottest trends and you are now the neighborhood’s ultimate host. So why shouldn’t you get  20-30% more on your home than your neighbor’s? The reality is that the market sets the price and depending on your goals you’ll want to be realistic to attract the right buyer at the right time. Research from the Denver Metro Association of Realtors® found that sellers who had to reduce their price experienced an average of 58 days on the market, compared to only 13 days for sellers who never had to reduce their price. Think like your consumer. Understand the market. Be realistic. Work with an expert.

If you are planning on listing your home, spend some time understanding what other comparable properties have recently sold for or save yourself some time and contact me for a complementary Comparative Market Analysis.


Posted on November 18, 2019 at 10:46 pm
Justine Marx | Posted in Colorado Real Estate Market, Home Facts, Housing Trends, Real Estate, Sellers, Windsor Real Estate | Tagged , , , , ,

Two Tales

This is a Tale of Two Counties.

When it comes to new home activity, there is a big difference between Larimer and Weld Counties.

Larimer County new home starts are down 10% and new home closings are down 15% compared to last year.

Weld County new home starts are up 18% and new home closings are up 8% compared to last year.

This is all according to the new home research experts and Metrostudy.

So why the difference?  It comes down to price and availability.

There is more land available for new home development in Weld County.

Plus, the land tends to be less-expensive than Larimer which means that builders can deliver a lower-priced product and reach a larger pool of buyers.

The average price of a new home in Larimer County is $507,105 while the average new home price in Weld is $411,269.

 

 

If you want to see even more insights about the Colorado market so that you can make really good decisions about your real estate, you are welcome to watch this complimentary webinar, just click HERE.


Posted on November 15, 2019 at 5:44 pm
Justine Marx | Posted in Buyers, Fort Collins Real Estate, WHO LOVES STATS, Windsor Real Estate | Tagged , , ,

Most Active

 

What is the most active price range in Northern Colorado?  Take a guess…

  • $300,000 to $400,000
  • $400,000 to $500,000
  • $500,000 to $750,000
  • $750,000 and above

By far, the most active price range is $300,000 to $400,000 with 60% more closed transactions than the $400,000 to $500,000 range and 400% more than homes priced $750,000 and above.

However, this lower price range does not have the most inventory.  The price range with the greatest selection of homes is $500,000 to $750,000.


Posted on November 7, 2019 at 9:47 pm
Justine Marx | Posted in Buyers, Buyers & Sellers, WHO LOVES STATS, Windsor Real Estate | Tagged , , ,

END OF YEAR HOME BUYING

 

Here is a fact…

If you have ever thought about owning a new home, the last two months of the year are usually the best time to make that happen.

Here’s why…

Many builders have year-end goals and sales quotas to hit.  If they have a “standing inventory” of homes that are completed but not sold, they are typically motivated to sell these homes by the end of the year.

This dynamic can be especially true for publicly-traded builders who are even more motivated to hit year-end sales numbers.

Up and down the Front Range there are beautiful new homes in fantastic neighborhoods.  The builders of these homes may be happy to make concessions and provide incentives as long as you close by year-end.

We just recently helped a buyer with a very compelling incentive package from a builder which included a lower price, additional landscaping and window coverings.

If you would like more details about these kinds of opportunities, reach out and we can help.


Posted on November 1, 2019 at 7:48 pm
Justine Marx | Posted in Buyers, Investors, Windsor Real Estate | Tagged , , , , , , ,

NEW BUILD ON WINDSOR LAKE!

What a view! In addition to the beautiful mountain scenery and glass water that mirrors Colorado’s amazing skies, Windsor Lake offers peace and tranquility to its visitors. The lake is surrounded by a well-maintained paved 2.25 mile trail connecting to miles of extended trails that run through the lovely town of Windsor. Walk your furry friends, run, bike, fish, bird watch, or just simply relax. Spend your summer days boating, swimming, barbecuing, or buying fresh goods at the occasional Farmers Market at Boardwalk Park. Enjoy summer nights accompanied by family and friends with live music, food trucks, outdoor games, and movies in the park. We in Windsor are fortunate to have Windsor Lake as part of our community and home.

Don’t be just be a visitor; live just feet from Windsor Lake and be the first to enjoy the unique opportunity of waking up to breathtaking views in our newly built condominiums. Located on 6th and Cedar in Windsor’s Downtown District you will have immediate access to restaurants, shopping and entertainment. Each unit offers high-end finishes, over-sized double pane windows, and a large patio or balcony to enjoy everything the lake has to offer.

Learn more about this development by contacting Justine Marx at 970.775.4030, Windermere Real Estate, Windsor.


Posted on October 30, 2019 at 9:00 am
Justine Marx | Posted in Buyers, Colorado Real Estate Market, Investors, Windsor Real Estate | Tagged , , , ,