Nancy Harwood-Realtor

12/15/2023

PRICE PLUMMET
For anyone waiting for home prices to drop before making a buying decision, there is good news.

The recent plummet in mortgage rates means that home prices, effectively, just took a big dip.

Rates have gone down by 1% in the last 45 days which means that a prospective home buyer’s payment is 10% less today than what it would have been at the end of October.

For example, the Principle and Interest payment for a $500,000 loan is $341 less today than what it was 45 days ago.

So, from a buyer’s perspective, prices have gone down by 10% in a very short time.

09/24/2023

Today’s inventory of residential properties along the Front Range is… Double what it was in 2021 (the all-time low) Half of the long-term average (going back to 1985) One-Fifth of what it was in 2006 (the all-time high)

07/14/2023

Know anyone that would love to live in this gorgeous home and cool off in the pool? Take a look at my new listing

06/23/2023

Wednesday marked the first official day of summer and the longest day of the year. Coincidentally, the research shows us that listings are taking far longer to sell than one year ago. Specifically, days on market has increased by the following amounts in our market versus exactly one year ago:   La...

04/29/2023

For sale: 5 bed, 5 bath, 4,444 SQFT house. Welcome home to this retreat in Country Club Estates... $985,000.

04/28/2023

My new listing. Come see me Sunday 11-1 for the open house

For sale: 5 bed, 5 bath, 4,444 SQFT house. Welcome home to this retreat in Country Club Estates... $985,000.

04/07/2023

Breaking News – months of inventory has dropped significantly signifying an uptick in real estate activity along the Front Range. ‘Months of inventory’ is an important statistic and something we commonly talk about in this blog. It simply measures how long it would take to sell all of the home...