Agents

  1. Inventory Inches Up, Prices Hold Firm

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    The full effects of interest rates well into the high 6% and even low 7% range is starting to be felt across Northern Colorado as inventory is beginning to inch up.  While we were praying for additional inventory earlier in the year, so that buyers could have a bit more negotiating power, high interest rates have taken the wind out of buyer's sails.  There really is not a clear direction with th…Read More

  2. 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

  3. On The Fence About Buying a Home?

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    There are a lot of potential homebuyers out there, whether they are current homeowners or renters, weighing the decision to buy a new home now, or not.  I have personally been dealing with dozens of buyers over the last decade who have been on the fence, waiting for a housing collapse, and I've seen the missed opportunities.  While the majority of these buyers have "seen the light" once they fur…Read More

  4. Inventory Adjusts Downward, Prices Surge

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    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

  5. Home Prices Trend Upward at Full Steam

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    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

  6. 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

  7. Craft Broker Core Value: Respect

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    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

  8. Real Estate Market Accelerates Early in 2021

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    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

  9. 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

  10. Sales and Prices Surge

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    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