Market Updates

  1. Home Prices Continue Up into Spring

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    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

  2. Home Values Are Already Stunning in 2022

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    For buyers who expected (wished, hoped, or prayed) for any homes to purchase early in 2022, their expectations are not being met.  Another month of bottom-of-the-barrel inventory is pushing home values across the region to new heights.  Fort Collins is scraping the $600k mark, while Loveland/Berthoud is sitting pretty in the mid $500's and Greeley/Evans is now in the mid $400's.  As we work int…Read More

  3. 2022 Is Off to an Impressive Start

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    For weary buyers, seeing 2021 come to an end might have brought some hope - hope that more inventory would come on the market, hope that deep pocketed buyers from affluent areas would not compete during the winter, or just that prices would stop escalating at 10-20% in some neighborhoods.  Sorry to be the bearer of bad news, but none of those wishes will come true for homebuyers in 2022.  Invent…Read More

  4. Prices Climb 20%+ Across Northern Colorado in December

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    Wow - What a year!  2021 started out pretty casually.  Many experts weren't exactly sure what to expect after a year of COVID made real estate extra interesting.  Even my own predictions were low.  I certainly wasn't able to predict the huge demand and rising prices we saw.  I expected 6-8% increases in real estate across the region, but when all was said and done, the entire region increased…Read More

  5. Prices Pop Across Northern Colorado

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    As we near the end of the year when the market starts to relax a bit, sales and median home values must not have gotten the memo.  All 3 sub-markets I cover saw massive increases in median value due to extremely low inventory, low interest rates boosting demand, and a constant flow of eager buyers, willing to do whatever it takes to get into a home this year.  It's truly astonishing how few home…Read More

  6. Inventory Adjusts Downward, Prices Surge

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    As the weather begins to cool, the Northern Colorado real estate market remains on fire as the region's prices continue upwards in the face of a prolonged supply shortage.  These September sales are the result of contracts placed on homes in the late-July through mid-August timeframe when the market had taken a small breather, but it seems like everything is just as busy and fast-paced as usual h…Read More

  7. Home Prices Trend Upward at Full Steam

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    Can you believe it?  Another month with nearly 20% year over year increases across the board for home values in Northern Colorado.  It's hard not to sound like a broken record with my monthly updates: low inventory, high buyer demand, waived contingencies, above list price offers - it goes on and on.  Although we did see a slight uptick in the amount of homes for sale in June and July, it looks…Read More

  8. Home Prices Jump 20% Across The Region

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    It's rare that you see 20%+ jumps in median value across the entire region, but because of high, high demand and further constrained inventory, the huge price jumps are here to stay.  The homes that closed in July were the result of contracts written in May and early June when abundant, eager homebuyers flooded the market and were met with only about 250 available homes to see across the entire F…Read More

  9. Home Prices Continue to Gain Momentum

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    May 2021 was the month that prices really surged across the region in the most aggressive fashion I've seen in my decade plus of working in the Northern Colorado market.  Word got out in March and April that inventory didn't seem to be moving up at all, which is rare for the spring selling season, and buyers flooded the depressed market and drove prices up, up, up.  As those home sales closed, w…Read More

  10. Huge Increases in Home Values Across Northern Colorado

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    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