Spring, Trends, Interest Rates & More

Happy Spring to my Clients and Friends!
 
I love this time of year where the grass is turning green and we are seeing more warm days than not.  Sunshine and outdoor activities are on the way!  Let us also take some time this Spring to work on a few maintenance items for our homes.  It’s important to keep up with our greatest investment, am I right?  

Spring Checklist

We had another incredible year in Colorado Real Estate in 2021.  The market continues to thrive and inventory remains tight which means we are still in a Seller’s Market.  Larimer County saw an average increase in single family home prices of 26.7% and Weld County saw an average increase of 17.1% in 2021.  Those are amazing numbers!  See the charts below to compare.

​One thing to watch out for is an overall increase in interest rates.  We have seen them tick up in recent weeks, but even at 5%, these rates are still affordable. 

​Just for fun!  A few weeks ago I participated in our local Board of Realtors’ Bowl-A-Thon.  I played on team RE/MAX and we raised money for one of our own agents that has been struggling with a medical issue that has added up to a large sum of medical bills.  I enjoyed our all girls team pictured below.  It was great to take a break from selling houses for a minute and do something charitable and social! 

​Feel free to respond directly to this email if you have questions about the Real Estate Market, your home, or just want to say hi!  I would love to hear from you.  I wish you all a wonderful Springtime.  Stay safe and well everyone!
 
Your friend in Real Estate,
Julie Swanty