1. Before COVID-19 Hit

    By now, you're probably maxed out with COVID news, but I want to remind you a simpler time: February.  Since we have a small lag in real estate reporting, due to data getting processed and uploaded to the masses, my statistics blogs always report the previous month.  Now, deep into March, amid a stock market collapse, a worldwide pandemic and social distancing, we can see what real estate in Nor…Read More

  2. 2020 Starts Off Well

    Two of the three markets I cover started off at a much better clip than 2019, while one (Loveland) kept an equal pace with sales from the previous year.  January, traditionally a pretty slow month, was just the opposite in Fort Collins and Greeley.  It's usually a slower month because the closings we see in January are a result of homes going under contract between Thanksgiving and Christmas, a …Read More

  3. Homeowner Tenure Increases

    According to the National Association of Realtors, most homeowners are sticking in their current home longer than ever before.  In fact, nationwide we have seen homeowner tenure increases of 3 years since 2008.  With the most recent national data available, in 2018, homeowner tenure reached a median value of 13 years.  13 years without a move sounds like an incredibly long time without a move, …Read More

  4. 2019 Real Estate Wrap Up

    Real estate 2019 finished strong in Northern Colorado, and while it is still considered a record breaking year, 2019 was finally the year we saw an end to the 6/7/8% gains in median value.  Anecdotally, the market as a whole throughout Northern Colorado seemed to be as busy as ever, but prices just didn't creep up as fast as they have in the last 4 years.  Sales held steady throughout the region…Read More

  5. August Sales Hold Steady

    Coming off of another very hot summer, sales across the Northern Colorado region (including the Fort Collins area, Loveland/Berthoud area and Greeley/Evans area) have largely remained consistent with the strong numbers hit in August of 2018.  Just like we are often wading into the unknown in February and March, unsure how strong or weak the spring and summer season will be, in August and Septembe…Read More

  6. Record Home Prices In Fort Collins

    We're at the peak of the selling season and it's certainly a busy one.  The homes closing in June and early July are the result of contracts written in May when the market begins to really cook.  Typically, after school lets out, we see a fury of buy/sell activity and this year is no different.  Every month, at least one area of the regions is hitting a new record value (Loveland/Berthoud &…Read More

  7. Inventory Returns as Spring Heats Up

    Last month, I painted a pretty dire picture of what 2019 could look like if buyers continued to sit on the sidelines, waiting out the lowest of the low inventory.  And just like that, buyers are back in full force,  home sale figures are (generally) up, and inventory levels are up, too.  Another added bonus, interest rates are down from the 3rd and 4th quarter of 2018, making the springtime a v…Read More

  8. Fewer Homes Are Available in Northern Colorado

    It looks as if both home buyers and home sellers decided to really take some time off over the holidays - near record low sales in January were the result of very few purchase contracts written in the Thanksgiving through Christmas time frame.  Traditionally, January is the month with the fewest sales and 2019 kept right on trend. Much of the lower sales numbers can also be attributed the fact th…Read More

  9. 2018 Wrap Up and Look Ahead to 2019

    Another year has come and gone.  If you were in the Northern Colorado real estate market, or even if you were just on the sidelines, you knew just how dynamic the market was in 2018.  2018 was another year of records, and a few outlier months that left us scratching our heads.  Every year is different and 2019 is shaping up to be another interesting year in real estate.  Let’s see how we fin…Read More

  10. August Home Prices Shoot Up as Sales Drop

    The chill is finally in the morning air as we head towards fall.  Where we're seeing no chill is with the Northern Colorado real estate market where we're seeing August home prices shoot up as sales drop across the region.  I know it may seem like a broken record, but the reality of the situation is that with demand remaining strong throughout the year, and inventory remaining low, we're really …Read More