Agent

  1. Sales and Prices Drop Throughout Northern Colorado

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    The Northern Colorado real estate market is in full slowdown mode as the "new normal" begins to pan out - higher interest rates keeping many buyers on the sidelines, while now sellers are competing for buyers who are brave enough to take on the 6-7% interest rate environment.  There is plenty of pain on either side of the transaction at this point.  Buyers have to bite the bullet and take a leap…Read More

  2. 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

  3. Still No Cooldown in Northern Colorado Real Estate

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    One half of 2022 is in the books and it has been an adventure to say the least.  At the beginning of the year it seemed as if it would be "business as usual" - fast paced market, huge gains and intense competition for very few homes, but inflationary concerns have led to almost a 2% increase in rates which might help the market cool down a bit for the rest of the year, however, there is still no …Read More

  4. Home Prices Continue Up into Spring

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    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

  5. Being Prepared Pays Off Big – A Case Study

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    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

  6. 2022 Is Off to an Impressive Start

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    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

  7. Home Prices Jump 20% Across The Region

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    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

  8. The 5 P’s of Selling Your Home

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    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

  9. All About Appraisal Gaps

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    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

  10. How to Hire the Right Contractor

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    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