1. Inventory Up, Sales Drop, Prices Hold Steady in July

    We're finally starting to see the effects of the massive rate hike from late spring.  All the contracts from late May through June that closed in July are giving us a real indication of the market slowing down for the first time in about a decade.  But fear not, a slow down certainly doesn't mean a decline in prices, just a tempering of appreciation that was out of control.  Finally, buyers mig…Read More

  2. Still No Cooldown in Northern Colorado Real Estate

    One half of 2022 is in the books and it has been an adventure to say the least.  At the beginning of the year it seemed as if it would be "business as usual" - fast paced market, huge gains and intense competition for very few homes, but inflationary concerns have led to almost a 2% increase in rates which might help the market cool down a bit for the rest of the year, however, there is still no …Read More

  3. Adjustable Rate Mortgages Are Making a Comeback

    In a real estate market that is still full of surprises, one of the trends I've seen coming on lately is the return of adjustable rate mortgages (ARMs).  For nearly the last decade, ARMs fell out of style, simply because some were unsafe, unclear and sometimes unfair and predatory in the mid to late 2000's, one of the big reasons the mortgage market melted down.  Borrowers with unsafe ARMs and b…Read More

  4. Home Prices Continue Up into Spring

    Finally, finally, finally - there are some more homes on the market.  A small uptick between February and into March is adding to the momentum of the housing market this spring, however, the uptick is just that - very, very small, so homebuyers aren't feeling much relief, if anything.  And along with that distressing feeling, buyers are now having to adjust budgets and expectations as interest r…Read More

  5. Being Prepared Pays Off Big – A Case Study

    Because of the competition in the market, I am seeing both homebuyers and home sellers jump in pretty unprepared, thinking that they have everything covered.  In my experience, not being adequately prepared for a market in which you need to make quick decisions, can really put you behind.  It can cause heartache, frustration and missed opportunities.  On the flip side, the clients of mine who t…Read More

  6. On The Fence About Buying a Home?

    There are a lot of potential homebuyers out there, whether they are current homeowners or renters, weighing the decision to buy a new home now, or not.  I have personally been dealing with dozens of buyers over the last decade who have been on the fence, waiting for a housing collapse, and I've seen the missed opportunities.  While the majority of these buyers have "seen the light" once they fur…Read More

  7. Consider These 5 Clauses When Writing Your Best Offer

    It's hard out there for buyers in the Northern Colorado real estate market.  Dwindling supply and ever increasing competition from other buyers, cash buyers and investors have driven prices up, up, up.  When competition is fierce, we have some tools in our toolbox to help you compete.  It's all about removing contingencies and providing comfort to the seller, as long as it doesn't leave you fur…Read More

  8. Tips For Offering Over List Price

    It's no secret that the real estate market along the front range is accelerating at a feverish pace.  Depressed levels of inventory coupled with huge demand from both local and out of state buyers is driving prices up across the board, in all price points.  2021 is the hottest and most frustrating market for many buyers who could be competing with 10-20 offers. While I've covered, in length, wha…Read More

  9. Huge Increases in Home Values Across Northern Colorado

    April 2021 is the month that we'll finally get to see some comparisions get pretty skewed due to the COVID shut down across Northern Colorado in March and April of 2020. Keep in mind, at this point last year, real estate professionals were unable to physically show homes until a home was under contract - this kept some buyers on the sidelines who couldn't take that kind of leap of faith.  It also…Read More

  10. Moving: Should I Sell or Rent Out My House?

    When the time comes to make a move, in the right circumstances it may make sense to keep your previous house as a rental instead of selling.  While every situation is different, if done thoughtfully, renting your home can help your family create long term, meaningful wealth.  It does require extra work, some forethought, and a lot of number crunching.  Here's the process I give my clients who m…Read More