While March is typically the month where the market begins to unfreeze a bit, it is still too early to tell if this market will take off for the year or if it will be somewhat subdued over the next few months. The good news is, there are some signs of life as both home buyers and sellers are coming into the market after the colder off season. April is really the month we hope inventory starts to improve, or, buyers will need to get more competitive with a smaller amount of available listings. Also, with the stock market being in turmoil, there is a chance interest rates could come down a bit, but that good news might be offset by losses in downpayment investments or savings, putting some buyers on the sidelines until better conditions come forward. If you're considering making a move this year, now is the time to reach out to your favorite agent (I'm sitting by the phone awaiting your text) and get started strategizing to make sure your plans can become a reality.more

Right out of the gate in January, the market is showing signs of life, in an otherwise typically subdued buying or selling season. January is typically low energy, and has been especially slow in the last 2 years, but in 2025, there is optimism. After the election, there is at least some clarity as to how the next few years will play out, and with interest rates remaining stable and not expecting any big changes, some fence-sitters and the wait-and-see folks are up and moving. It is still too early to tell how the remainder of 2025 will shake out; however, it's good to see the market off to a good start this year.more

Northern Colorado real estate finished very strong in 2024, capping off a year of pretty low energy, activity, supply and demand. All that being said, the market had tremendous head winds throughout the year - from a glut of picked over inventory, a major shift in the real estate industry, and higher than expected interest rates. I'd say that we came out in great shape in 2024 and could be poised for a less volatile and bumpy 2025.more

With the election over, we can now focus on even more thrilling items - real estate statistics! I know, I know, Christmas is coming a few weeks early for all my stat wonks out there. November was a good (albeit not great) month for the entire region with improvements across the board in sales and median value as compared to 2023 figures. This is proving that even minor progress is still progress as we work through the new normal with rates sitting stubbornly in the mid to upper 6% range. December is usually very non-energetic in the market, but there will still be "some" activity into the new year.more

The entire region had a pretty surprising turn around in October as both home values and sales had positive movement. These closings were the result of homes that went under contract in late august, through early October - many of these buyers were able to take advantage of the very, very brief period where interest rates dropped staggeringly close to the 6% range, which have since rebounded closer towards 7%. Across the board, sales were up, and prices popped up nicely too. Last month was make or break for this market, and it appears that the health of the market will be deemed by this real estate doctor as "fair". It will be a pretty lackluster Winter as demand and listings *should* seasonally recede. For buyers: your opportunity lies in picking up homes that have been lingering...more