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Dismal Sales Round Out A Rollercoaster 2022

By:

Jared Reimer

Date Published:

January 12th, 2023

Categories:

2023, Blog, Business, Buyer Advice, Competition, Fort Collins Realtor, High-End Custom Homes Fort Collins, Houses For Sale Fort Collins, Listing Agent Fort Collins, Market Updates, Real Estate, Real Estate Agent Fort Collins, Seller Advice, Selling

Tags:

Advice, Berthoud, Fort Collins, Greeley, Home Sales, Inventory, Jared Reimer, Listings, New Construction, Northern Colorado, Real Estate Market, REaltor, Sales, Sellers, Selling, Statistics, Stats, The Craft Broker, Timnath, Tips, Weld, Wellington, Windsor

In my entire career, I don't think I've ever seen a "status quo" kind of year in Northern Colorado Real Estate. I've seen the lowest of the low, the highest of the high and everything in between. Typically, a year will have a constant theme. In 2022, the year was "rollercoaster" simply due to the incredible shift midway through the year in home prices, sales and interest rates. Both buyers…Read More
Sales and Prices Drop Throughout Northern Colorado

By:

Jared Reimer

Date Published:

November 7th, 2022

Categories:

2022, Blog, Buyer Advice, Competition, High-End Custom Homes Fort Collins, Houses For Sale Fort Collins, Listing Agent Fort Collins, Market Updates, Real Estate, Real Estate Agent Fort Collins, Seller Advice, Selling

Tags:

Advice, Agent, Berthoud, Brokers, Buyers, Buying, Competition, Craft Brokers, Craft Real Estate, Fort Collins, Greeley, Home Sales, Inventory, Jared Reimer, Listings, Loveland, NoCo, Northern Colorado, Real Estate Market, REaltor, Sales, Sellers, Selling, Statistics, Stats, The Craft Broker, Timnath, Weld, Windsor

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
Inventory Inches Up, Prices Hold Firm

By:

Jared Reimer

Date Published:

October 14th, 2022

Categories:

2022, Blog, Buyer Advice, Competition, Fort Collins Realtor, High-End Custom Homes Fort Collins, Houses For Sale Fort Collins, Listing Agent Fort Collins, Market Updates, Real Estate, Real Estate Agent Fort Collins, Seller Advice, Selling

Tags:

Advice, Agents, Berthoud, Buyers, Buying, Competition, Craft Brokers, Craft Real Estate, Fort Collins, Greeley, Home Sales, Inventory, Jared Reimer, Larimer, Listings, Northern Colorado, Real Estate Market, REaltor, Sales, Selling, Statistics, Stats, The Craft Broker, Timnath, Weld, Wellington, Windsor

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
Inventory Up, Sales Drop, Prices Hold Steady in July

By:

Jared Reimer

Date Published:

August 10th, 2022

Categories:

2022, Blog, Business, Buyer Advice, Competition, Financing, Fort Collins Realtor, High-End Custom Homes Fort Collins, Houses For Sale Fort Collins, Listing Agent Fort Collins, Market Updates, Predictions, Real Estate, Real Estate Agent Fort Collins, Seller Advice, Selling

Tags:

Advice, Agent, Berthoud, Buyers, Buying, Competition, Craft Brokers, Fort Collins, Greeley, Home Sales, Inventory, Jared Reimer, Larimer County, Listings, Loveland, Northern Colorado, Real Estate Market, Sales, Selling, Statistics, Stats, The Craft Broker, Timnath, Weld, Wellington, Windsor

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
Consider These 5 Clauses When Writing Your Best Offer

By:

Jared Reimer

Date Published:

January 27th, 2022

Categories:

Blog, Business, Buyer Advice, Competition, Financing, High-End Custom Homes Fort Collins, Houses For Sale Fort Collins, Listing Agent Fort Collins, Mortgages, Real Estate, Real Estate Agent Fort Collins

Tags:

Advice, Berthoud, Buyers, Buying, Competition, Fort Collins, Greeley, Inventory, Jared Reimer, Larimer County, Listings, Loveland, Real Estate, Real Estate Market, REaltor, The Craft Broker, Timnath, Weld, Wellington, Windsor

It's hard out there for buyers in the Northern Colorado real estate market. Dwindling supply and ever increasing competition from other buyers, cash buyers and investors have driven prices up, up, up. When competition is fierce, we have some tools in our toolbox to help you compete. It's all about removing contingencies and providing comfort to the seller, as long as it doesn't leave you fur…Read More
Home Prices Trend Upward at Full Steam

By:

Jared Reimer

Date Published:

September 8th, 2021

Categories:

2021, Blog, Business, Buyer Advice, Competition, Fort Collins Realtor, High-End Custom Homes Fort Collins, Houses For Sale Fort Collins, Listing Agent Fort Collins, Market Updates, Real Estate, Real Estate Agent Fort Collins, Seller Advice, Selling

Tags:

Advice, Agents, Berthoud, Buyers, Buying, Competition, Craft Brokers, Craft Real Estate, Fort Collins, Greeley, Home Sales, Homes, Homes for Sale, Inventory, Jared Reimer, Larimer, Listings, Loveland, Northern Colorado, Real Estate Market, REaltor, Sales, Sellers, Selling, Statistics, Stats, The Craft Broker, Timnath, Weld, Wellington, Windsor

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
The 5 P’s of Selling Your Home

By:

Jared Reimer

Date Published:

July 1st, 2021

Categories:

Blog, Buyer Advice, Competition, High-End Custom Homes Fort Collins, Houses For Sale Fort Collins, Listing Agent Fort Collins, Real Estate, Real Estate Agent Fort Collins, Seller Advice, Selling

Tags:

Advice, Agent, Competition, Craft Brokers, Fort Collins, Greeley, Home Sales, Inventory, Jared Reimer, Listings, Loveland, Northern Colorado, Real Estate Market, REaltor, Realtors, Sales, Sellers, Selling, The Craft Broker, Timnath, Tips, Weld, Wellington, Windsor

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
Home Prices Continue to Gain Momentum

By:

Jared Reimer

Date Published:

June 14th, 2021

Categories:

2021, Blog, Business, Buyer Advice, Competition, Fort Collins Realtor, High-End Custom Homes Fort Collins, Houses For Sale Fort Collins, Listing Agent Fort Collins, Listings, Market Updates, Real Estate, Real Estate Agent Fort Collins, Seller Advice

Tags:

Advice, Buyers, Buying, Competition, Craft Brokers, Fort Collins, Greeley, Home Sales, Homes for Sale, Inventory, Listings, Loveland, New Construction, NoCo, Real Estate, Real Estate Market, REaltor, Sales, Sellers, Selling, Statistics, Stats, The Craft Broker, Timnath, Weld, Windsor

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
Huge Increases in Home Values Across Northern Colorado

By:

Jared Reimer

Date Published:

May 6th, 2021

Categories:

2021, Blog, Buyer Advice, Competition, Financing, Fort Collins Realtor, High-End Custom Homes Fort Collins, Houses For Sale Fort Collins, Listing Agent Fort Collins, Market Updates, Real Estate, Real Estate Agent Fort Collins, Seller Advice, Selling

Tags:

Advice, Berthoud, Brokers, Buyers, Buying, Competition, Craft Brokers, Craft Real Estate, Fort Collins, Greeley, Home Sales, Homes for Sale, Listings, Loveland, New Construction, NoCo, Real Estate, Real Estate Market, REaltor, Sales, Sellers, Selling, Statistics, Stats, The Craft Broker, Timnath, Tips, Weld, Windsor

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
A Market Unlike Any Other

By:

Jared Reimer

Date Published:

April 6th, 2021

Categories:

2021, Blog, Buyer Advice, Competition, Fort Collins Realtor, High-End Custom Homes Fort Collins, Houses For Sale Fort Collins, Listing Agent Fort Collins, Market Updates, Real Estate, Real Estate Agent Fort Collins, Seller Advice, Selling

Tags:

Advice, Berthoud, Competition, Craft Brokers, Fort Collins, Greeley, Home Sales, Homes for Sale, Inventory, Jared Reimer, Listings, Loveland, New Construction, NoCo, Northern Colorado, Real Estate, Real Estate Market, Sales, Selling, Statistics, The Craft Broker

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

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