Predictions

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

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    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. Northern Colorado Real Estate Remains Strong Through the Pandemic

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    What a year, what a year.  2020 was certainly a rollercoaster for many reasons, and while most of the world was uncertain throughout the year, the world I know best (Northern Colorado real estate) was nothing but healthy and exciting.  Demand was continually robust, buyers want to be here and will pay a premium to be here.  While working with very low inventory throughout the year, smart and sa…Read More

  3. Sales Plunge But Confidence Remains High

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    May sales data was the hardest hit by the COVID pandemic as in-person showings were shut down or completely restricted from late March through April, when executed contracts would result in a May closing.  As a result, May 2020 sales figures look like a horror flim, however, low sales didn't negatively affect prices in the slightest.  Even through COVID, sellers weren't giving away properties, a…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. 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

  6. 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

  7. Sales Hold Steady, Median Values Increasing Again

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    What seems to be a very short lived "correction" may be just that, short lived.  The late summer surge of inventory helped to keep median prices lower than they had been in over a year, but that trend seems to have reversed in October, as the last gasp of sales plays out in 2017.  Prices in Fort Collins returned to the $375,000+ mark as homes in the Loveland/Berthoud area saw a new record median…Read More

  8. Fort Collins, Greeley, & Loveland Gain Ground

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    There's plenty of talk out there: "It's slowing down", "Is the crash here?" etc.  I've gotten questions at the dentist, the post office, and a brewery.  Real estate is always the talk of the town, which is exactly how I like it.  What I also like is providing numbers so that those seeking good info can have it to share at their next dinner party.  It's what I do. The market seems to be finding…Read More

  9. Is Inventory Returning?

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    In the middle of the year as summer heats up, the Northern Colorado real estate market follows suit.  Every June and July, we expect increased activity - more homes for sale and more sales as a result.  In 2017, however; what we saw in June was pretty important.  In Fort Collins we saw a 35% increase in active listings over 2016 figures.  In fact, this is the highest number of homes for sale i…Read More

  10. Is a Shift in the Market on the Horizon?

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    Another month is in the books and interestingly enough, we might be starting to see a little bit of a shift in the market - now, whether that kind of shift will continue is yet to be seen - with the biggest and best real estate months coming up, we hope to be able to track any potential issues along the way.  Keep in mind, individual Northern Colorado real estate markets can and will ebb and flo…Read More