Market Updates

  1. 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

  2. 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

  3. 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

  4. 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

  5. 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

  6. Record Home Prices In Fort Collins

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    We're at the peak of the selling season and it's certainly a busy one.  The homes closing in June and early July are the result of contracts written in May when the market begins to really cook.  Typically, after school lets out, we see a fury of buy/sell activity and this year is no different.  Every month, at least one area of the regions is hitting a new record value (Loveland/Berthoud &…Read More

  7. Greeley and Loveland Post Record Prices in May 2019

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    School is out, pools are open and summer is heating up!  I cannot believe we are already into the meat of the selling season in Northern Colorado.  In late 2018, several forecasters were predicting a bit of a slower season, but all signs are pointing to continued gains in appreciation as we head into the second half of the year. Buoyed by strong demand and continually declining interest rates, b…Read More

  8. Real Estate Prices Continue Upward Trajectory

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    It's been the same story for the last several months: increased competition, lack of available inventory, and continued low interest rates.  It's always interesting to see how the spring selling season will start, with a whimper or a bang.  This year, it's a bit in between the two.  So far through April, it's a bit of a mixed bag in the three markets I analyze.  In the more affordable markets,…Read More

  9. Inventory Returns as Spring Heats Up

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    Last month, I painted a pretty dire picture of what 2019 could look like if buyers continued to sit on the sidelines, waiting out the lowest of the low inventory.  And just like that, buyers are back in full force,  home sale figures are (generally) up, and inventory levels are up, too.  Another added bonus, interest rates are down from the 3rd and 4th quarter of 2018, making the springtime a v…Read More

  10. Fewer Homes Are Available in Northern Colorado

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    It looks as if both home buyers and home sellers decided to really take some time off over the holidays - near record low sales in January were the result of very few purchase contracts written in the Thanksgiving through Christmas time frame.  Traditionally, January is the month with the fewest sales and 2019 kept right on trend. Much of the lower sales numbers can also be attributed the fact th…Read More