Market Updates

  1. 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

  2. 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

  3. 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

  4. 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

  5. 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

  6. 2020 Starts Off Well

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    Two of the three markets I cover started off at a much better clip than 2019, while one (Loveland) kept an equal pace with sales from the previous year.  January, traditionally a pretty slow month, was just the opposite in Fort Collins and Greeley.  It's usually a slower month because the closings we see in January are a result of homes going under contract between Thanksgiving and Christmas, a …Read More

  7. Homeowner Tenure Increases

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    According to the National Association of Realtors, most homeowners are sticking in their current home longer than ever before.  In fact, nationwide we have seen homeowner tenure increases of 3 years since 2008.  With the most recent national data available, in 2018, homeowner tenure reached a median value of 13 years.  13 years without a move sounds like an incredibly long time without a move, …Read More

  8. Fort Collins State of the City

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    In case you missed last month's Fort Collins State of the City address from both Mayor Wade Troxell and City Manager Darin Atteberry, you missed a very informative and meaningful look at our city.  Held in the first few weeks of the year, the state of the city address gives local leadership an opportunity to showcase the improvements the city has made over the past year along with providing a vis…Read More

  9. 2019 Real Estate Wrap Up

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    Real estate 2019 finished strong in Northern Colorado, and while it is still considered a record breaking year, 2019 was finally the year we saw an end to the 6/7/8% gains in median value.  Anecdotally, the market as a whole throughout Northern Colorado seemed to be as busy as ever, but prices just didn't creep up as fast as they have in the last 4 years.  Sales held steady throughout the region…Read More

  10. August Sales Hold Steady

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    Coming off of another very hot summer, sales across the Northern Colorado region (including the Fort Collins area, Loveland/Berthoud area and Greeley/Evans area) have largely remained consistent with the strong numbers hit in August of 2018.  Just like we are often wading into the unknown in February and March, unsure how strong or weak the spring and summer season will be, in August and Septembe…Read More