Market Updates

  1. 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

  2. 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

  3. 2018 Wrap Up and Look Ahead to 2019

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    Another year has come and gone.  If you were in the Northern Colorado real estate market, or even if you were just on the sidelines, you knew just how dynamic the market was in 2018.  2018 was another year of records, and a few outlier months that left us scratching our heads.  Every year is different and 2019 is shaping up to be another interesting year in real estate.  Let’s see how we fin…Read More

  4. Home Prices Relax, Sales Still Down in Noco

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    Now that we're past October and nearing the home stretch in 2018, Northern Colorado real estate is really a tale of two markets.  Furthermore, these markets are not necessarily easy to interpret.  The two separate markets are the "affordably priced" and the "not-so-affordably priced" homes.  Greeley/Evans is still affordable, whereas Fort Collins and the Loveland/Berthoud markets are still on t…Read More

  5. September Prices Reverse Course

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    While the headline "prices reverse course" can seem ominous, we need to put it in the right perspective.  First, as indicated below, all median values are up nearly between 9.6% and 12.11% as compared to 2017 values.  10%+ value increases are nothing to sneeze at - it is generally a $40,000+ appreciation in a median home in just one year.  Your house has a reasonable full time job!  Additional…Read More

  6. August Home Prices Shoot Up as Sales Drop

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    The chill is finally in the morning air as we head towards fall.  Where we're seeing no chill is with the Northern Colorado real estate market where we're seeing August home prices shoot up as sales drop across the region.  I know it may seem like a broken record, but the reality of the situation is that with demand remaining strong throughout the year, and inventory remaining low, we're really …Read More

  7. This NoCo City Had a Huge Jump in Sales

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    Can you believe it's already back to school time in Northern Colorado?  This is the time of year we all take a collective (yet short) pause to catch our breath and gear up for the action between Labor Day and Thanksgiving.  Speaking of action, Greeley had a HUGE jump in sales in July, which single-handedly put sales in the area into positive territory as compared to 2017. Northern Colorado Home …Read More

  8. Home Prices Are Heating Up

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    We're past the halfway point of the year and with the weather, home prices are heating up.  Granted, home prices have been heating up in the middle of the winter too, however, we've reached some really astounding milestones in all three markets. Northern Colorado Home Sales Northern Colorado Median Home Values Related Articles There's Never a Bad Time to Sell Your Home  |  Selling a Luxury Hom…Read More

  9. Did You Know? High Vs. Low

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    Real estate in Northern Colorado is a very hot topic - at dinner parties, kids sporting events, and neighborhood gatherings, everybody talks about what's on the market.  They share anecdotal remarks about price per square footage, multiple offers, Realtors and crazy facts.  I wanted to bring a few of these interesting facts to light in my newest series: Did You Know? We have all heard that North…Read More

  10. Home Values Are Soaring in Northern Colorado

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    We are in the heat of the summer and the Northern Colorado real estate market is on fire, but whether that is good or bad depends on which side of the deal you're on.  Both sides can agree that home values are soaring in Northern Colorado.  Take a look below to see what's happening in your sub-market: Northern Colorado Home Sales Northern Colorado Median Home Values Fort Collins The amount of ho…Read More