1. Sales Plummet While Buyers Sit and Wait

    Real estate in Northern Colorado has gotten pretty sticky over the last 3-4 months, and as we head into the holiday season, it seems like buyers are taking the wait and see approach.  As it stands now, most industry experts believe that interest rates still have some room to come down, and prices also have some room to come down.  Right now, the fate of the market is in the buyers hands, for the…Read More

  2. Sales and Prices Drop Throughout Northern Colorado

    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

  3. Inventory Inches Up, Prices Hold Firm

    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

  4. Home Prices, Sales Still Strong Despite Interest Rates

    We are deep into the selling season, home values and sales are remaining strong across Northern Colorado despite a bump in interest rates.  Many of the closings in May represented contracts from the late March through April timeframe, before rates began to really increase, so June data will be much more telling.  Either way, sales and prices generally remained strong with limited inventory, and …Read More

  5. Home Prices Up 20%+ Across Northern Colorado

    It doesn't seem like rising interest rates, monkey pox or recession fears have slowed down the real estate market yet, if anything, these pressures are pushing buyers to act now by hustling to get their purchase under contract, beating out the hoards of buyers descending upon Northern Colorado. It'll take a well crafted offer, solid financing, and perfect timing to see a home, write an offer and b…Read More

  6. 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

  7. 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

  8. Home Values Are Already Stunning in 2022

    For buyers who expected (wished, hoped, or prayed) for any homes to purchase early in 2022, their expectations are not being met.  Another month of bottom-of-the-barrel inventory is pushing home values across the region to new heights.  Fort Collins is scraping the $600k mark, while Loveland/Berthoud is sitting pretty in the mid $500's and Greeley/Evans is now in the mid $400's.  As we work int…Read More

  9. 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

  10. 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