Home Sales

  1. 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

  2. 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

  3. 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

  4. Home Prices Continue to Gain Momentum

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    May 2021 was the month that prices really surged across the region in the most aggressive fashion I've seen in my decade plus of working in the Northern Colorado market.  Word got out in March and April that inventory didn't seem to be moving up at all, which is rare for the spring selling season, and buyers flooded the depressed market and drove prices up, up, up.  As those home sales closed, w…Read More

  5. How to Protest Your Property Tax Valuation

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    It's that time of year again!  Bob Overbeck and his friends at the Larimer County Assessor's office have sent out their "reminders" that your assessment valuation is probably headed up.  Although it's frustrating to see your monthly payment creep up every couple of years due to higher taxes, it's part of rising real estate prices, area growth, and the need for property taxes to help pay for expa…Read More

  6. Huge Increases in Home Values Across Northern Colorado

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    April 2021 is the month that we'll finally get to see some comparisions get pretty skewed due to the COVID shut down across Northern Colorado in March and April of 2020. Keep in mind, at this point last year, real estate professionals were unable to physically show homes until a home was under contract - this kept some buyers on the sidelines who couldn't take that kind of leap of faith.  It also…Read More

  7. A Market Unlike Any Other

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    2021 is coming in like a lion across the Northern Colorado market with prices popping.  I've been doing this a while, and although 2015 had a very similar feel to this year, 2021 is just something completely different.  2015 ended up having a few months, at least in the Fort Collins market, of 20%+ gains year over year because of a drastic decrease in the amount of homes for sale.  In March 201…Read More

  8. 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

  9. 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

  10. Homeowners Just Aren’t Moving

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    In the Northern Colorado area, we've seen the inventory crunch for about 7-8 years now - more folks moving into town rather than leaving, less new construction coming on-line and people delaying their next move for a variety of reasons.  Within the last year, the national market is feeling that squeeze, too. You'll likely hear more and more news about the looming inventory crunch. There's a terri…Read More