1. Inventory Adjusts Downward, Prices Surge

    As the weather begins to cool, the Northern Colorado real estate market remains on fire as the region's prices continue upwards in the face of a prolonged supply shortage.  These September sales are the result of contracts placed on homes in the late-July through mid-August timeframe when the market had taken a small breather, but it seems like everything is just as busy and fast-paced as usual h…Read More

  2. Home Prices Trend Upward at Full Steam

    Can you believe it?  Another month with nearly 20% year over year increases across the board for home values in Northern Colorado.  It's hard not to sound like a broken record with my monthly updates: low inventory, high buyer demand, waived contingencies, above list price offers - it goes on and on.  Although we did see a slight uptick in the amount of homes for sale in June and July, it looks…Read More

  3. 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

  4. Craft Broker Core Value: Respect

    We're lucky in Northern Colorado.  We have hundreds of dedicated real estate professionals helping clients buy, sell and invest in real estate. In most cases, we all play nice in the sandbox.  But with a deeply competitive market, often times respect, fairness and decency are thrown out the window in favor of greed and self serving pursuits.  One core value I hold true: I will, at all times, re…Read More

  5. Real Estate Market Accelerates Early in 2021

    Two months into 2021 and it feels like we're already in the peak of the summer selling season.  Within the last month, interest rates started to slowly creep up which put pressure on desperate buyers to hustle and submit offers on whatever inventory was available.  The lack of inventory is unprecedented throughout the region as fewer and fewer homeowners are selling.  I'd say now we're at a cri…Read More

  6. 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

  7. Sales and Prices Surge

    October was far from the typical month in Northern Colorado, buoyed by low interest rates and continual, fierce demand for homes in the area.  In general, October is a transitional month from the end of the "busy" market to the beginning of the "slow" season. When the weather turns, kids go back to school and holidays approach, we see a drop off in available inventory.  The drop in inventory hap…Read More

  8. Highest Values on Record

    September is usually a sleepier month in Northern Colorado real estate, but September 2020 was anything but.  Maybe parents were busy hatching real estate dreams while their kids were still doing school from home.  Maybe they have felt the squeeze while working from home themselves and needed a bigger space to accommodate new office needs. Whatever the case, across Northern Colorado, we saw the …Read More

  9. Record Home Prices in August

    Another month post-COVID and the Northern Colorado real estate market continues to scream ahead posting record home prices in August in Fort Collins and Loveland.  Not to be outdone, Greeley posted near record home prices in August as well.  The big boost was record low interest rates for purchases, providing a little bit more buying potential for those buyers who have been struggling to get a h…Read More

  10. Sales Plunge But Confidence Remains High

    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