1. 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

  2. Be Aware: A New Real Estate Scam

    The real estate industry, and the consumers within, are often vulnerable to scams due to the nature of the complicated and costly transaction.  Over a decade ago, it was predatory mortgage terms that swindled home buyers.  More recently, it's been hacked wiring instructions that led to home buyers sending hundreds of thousands of dollars to a scammer's bank account.  And now, it's a handful of …Read More

  3. Still No Cooldown in Northern Colorado Real Estate

    One half of 2022 is in the books and it has been an adventure to say the least.  At the beginning of the year it seemed as if it would be "business as usual" - fast paced market, huge gains and intense competition for very few homes, but inflationary concerns have led to almost a 2% increase in rates which might help the market cool down a bit for the rest of the year, however, there is still no …Read More

  4. 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

  5. Prices Climb 20%+ Across Northern Colorado in December

    Wow - What a year!  2021 started out pretty casually.  Many experts weren't exactly sure what to expect after a year of COVID made real estate extra interesting.  Even my own predictions were low.  I certainly wasn't able to predict the huge demand and rising prices we saw.  I expected 6-8% increases in real estate across the region, but when all was said and done, the entire region increased…Read More

  6. Prices Pop Across Northern Colorado

    As we near the end of the year when the market starts to relax a bit, sales and median home values must not have gotten the memo.  All 3 sub-markets I cover saw massive increases in median value due to extremely low inventory, low interest rates boosting demand, and a constant flow of eager buyers, willing to do whatever it takes to get into a home this year.  It's truly astonishing how few home…Read More

  7. Want A Higher Net Worth? Buy a Home

    It's no secret that homeownership has its perks - stability, security, personalization and much more.  By far the biggest perk of homeownership is the combination of both forced savings (by paying down your mortgage loan) and appreciation of home values.  This one-two punch helps homeowners grow their net worth much faster and larger than renters.  Net worth is defined as all your assets (real …Read More

  8. 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

  9. Home Prices Continue to Gain Momentum

    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

  10. Tips For Offering Over List Price

    It's no secret that the real estate market along the front range is accelerating at a feverish pace.  Depressed levels of inventory coupled with huge demand from both local and out of state buyers is driving prices up across the board, in all price points.  2021 is the hottest and most frustrating market for many buyers who could be competing with 10-20 offers. While I've covered, in length, wha…Read More