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  1. How Quickly Are Homes Selling?

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    Hello fellow nerds.  Ready for a deep dive? I'm sure you are...Let's go! Instead of relying on the standard "days on market" number that is most commonly reported, I like to follow the "days til offer" (DTO) to truly understand how quickly our inventory is moving.  The reason I like looking at DTO instead of DOM is because days on market can vary for so many different reasons.  The closing time…Read More

  2. June Sales Soar, Prices Hold Steady

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    June sales data represents the beginning of the post-COVID real estate market in Northern Colorado.  And good gracious, did real estate come back with force after the shelter at home restrictions were eased.  Across the board, sales were up double digits, and prices even grew in most markets - these sales were the result of contracts written in the late April/Early May timeframe.  As showing re…Read More

  3. Sales Plunge But Confidence Remains High

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    May sales data was the hardest hit by the COVID pandemic as in-person showings were shut down or completely restricted from late March through April, when executed contracts would result in a May closing.  As a result, May 2020 sales figures look like a horror flim, however, low sales didn't negatively affect prices in the slightest.  Even through COVID, sellers weren't giving away properties, a…Read More

  4. Upgrades That Add Value

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    In talking with contractors, landscapers and interior designers, they've all noted a huge uptick in work and activity.  It seems that while most people were quarantined indoors through most of March and April, they decided to tackle all the projects they could during this unique "break" in work and life. With nearly every buyer and seller I work with, I get the question: "What are the best upgrad…Read More

  5. Who’s Selling?

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    We actually have a little bit of data to help us understand just how the market is reacting in the wake of the most strict COVID restrictions.  I've had a handful of clients and friends reach out and ask, "Who's selling in the pandemic?" - Interestingly enough, quite a few people are, and some at surprising price points, too. The graph below shows the home values for both active and sold homes du…Read More

  6. Prices Pop in the Pandemic

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    We're finally seeing impacts from COVID-19 in the Northern Colorado real estate market, since most of the homes that were closed in April were those that went under contract in March near the beginning of shelter in place.  During that time, in person showings were only possible once the home was under contract, somewhat putting the cart before the horse.  I am certain there were hundreds of sel…Read More

  7. Markets Stay Steady During COVID

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    Well, it's been a wild month since all of Colorado has essentially been sheltered in place.  You would think that real estate in the area would have slowly ground to a halt, however, people still need to both buy and sell real estate.  As an industry, we have been unallowed to physically show property unless there was a contract on a home.  That had buyers making decisions based off of virtual …Read More

  8. Safest Real Estate In Northern Colorado

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    There is still plenty of fear and unknown in the Northern Colorado real estate market and we aren't entirely sure how things will play out in the region post-COVID.  What we do know is that there has been a constant demand for Northern Colorado homes in the last decade and we don't expect that demand to slow.  Every homebuyer has fears of buying at a financially unsettled time.  The best we can…Read More

  9. Before COVID-19 Hit

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    By now, you're probably maxed out with COVID news, but I want to remind you a simpler time: February.  Since we have a small lag in real estate reporting, due to data getting processed and uploaded to the masses, my statistics blogs always report the previous month.  Now, deep into March, amid a stock market collapse, a worldwide pandemic and social distancing, we can see what real estate in Nor…Read More

  10. Downtime Hacks For a Better Future

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    The new buzzword this week is "social distancing" as a state of emergency was declared nationwide to combat the spread of the COVID19 pandemic.  Most schools are taking an extended spring break, some workers are being told to work remotely, all sports have been suspended and social gatherings of 250 or more people are frowned upon.  Chances are, you're avoiding most social engagements, staying i…Read More