1. Home Prices Continue Up into Spring

    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. Being Prepared Pays Off Big – A Case Study

    Because of the competition in the market, I am seeing both homebuyers and home sellers jump in pretty unprepared, thinking that they have everything covered.  In my experience, not being adequately prepared for a market in which you need to make quick decisions, can really put you behind.  It can cause heartache, frustration and missed opportunities.  On the flip side, the clients of mine who t…Read More

  3. 2022 Is Off to an Impressive Start

    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. Home Prices Jump 20% Across The Region

    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

  5. The 5 P’s of Selling Your Home

    Just because the low inventory market heavily favors sellers does not mean that selling your home is "easy".  In fact, it's much harder to expertly prepare your house for a sale, especially when you might expect 20-30 showings and a dozen offers.  If that's what you're expecting, then you need to be perfectly prepared and ready to take advantage of the demand.  If not, you'll be overlooked for …Read More

  6. All About Appraisal Gaps

    Because of the competition within the market for a limited number of homes, buyers and their agents are coming up with all kinds of unique and creative ways to make their offer stand up against other buyers.  Late 2020 and early 2021 has been the most competitive market I've ever witnessed, and short of offering a first born child, there have been plenty of interesting contract provisions.  Buye…Read More

  7. How to Hire the Right Contractor

    Spring selling season is right around the corner, so as a service to my loyal and strategic followers, I wanted to provide some guidance on selecting a contractor to do your projects, just in time to list your home for top dollar in the spring or summer.  (Full disclosure: My wife and I carefully selected a contractor to remodel our guest bath, master bath and master bedroom in the 4th quarter of…Read More

  8. Prices Pop in the Pandemic

    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

  9. Greeley and Loveland Post Record Prices in May 2019

    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

  10. Backup Offers Explained

    If you've been in the Northern Colorado real estate market in the last 5 years, you know just how tough it is and how much competition you're up against.  There's not much for sale, and then when you're finally able to get a showing scheduled, you have to make a quick decision, and you're likely competing against multiple bidders, all above list price, waiving all kinds of contingencies, too.  I…Read More