Stats

  1. Inventory Adjusts Downward, Prices Surge

    By:
    Date Published:
    Categories:
    , , , , , , , , , , , ,
    Tags:
    , , , , , , , , , , , , , , , , , , , , , , , , , ,

    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

    By:
    Date Published:
    Categories:
    , , , , , , , , , , , , ,
    Tags:
    , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

    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. Want A Higher Net Worth? Buy a Home

    By:
    Date Published:
    Categories:
    , , , , , , ,
    Tags:
    , , , , , , , , , , , , , , , , , ,

    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

  4. Home Prices Jump 20% Across The Region

    By:
    Date Published:
    Categories:
    , , , , , , , , , , , , ,
    Tags:
    , , , , , , , , , , , , , , , , , , , , , , , , ,

    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

  5. Home Prices Continue to Gain Momentum

    By:
    Date Published:
    Categories:
    , , , , , , , , , , , , ,
    Tags:
    , , , , , , , , , , , , , , , , , , , , , , , , ,

    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

  6. Tips For Offering Over List Price

    By:
    Date Published:
    Categories:
    , , , , , , , , , , ,
    Tags:
    , , , , , , , , , , , , , , , , , , , , ,

    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

  7. How to Protest Your Property Tax Valuation

    By:
    Date Published:
    Categories:
    , , , , , ,
    Tags:
    , , , , , , , , , , , , , , , ,

    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

  8. Huge Increases in Home Values Across Northern Colorado

    By:
    Date Published:
    Categories:
    , , , , , , , , , , , , ,
    Tags:
    , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

    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

  9. Moving: Should I Sell or Rent Out My House?

    By:
    Date Published:
    Categories:
    , , , , , , , , , , ,
    Tags:
    , , , , , , , , , , , , , , , , , , ,

    When the time comes to make a move, in the right circumstances it may make sense to keep your previous house as a rental instead of selling.  While every situation is different, if done thoughtfully, renting your home can help your family create long term, meaningful wealth.  It does require extra work, some forethought, and a lot of number crunching.  Here's the process I give my clients who m…Read More

  10. Real Estate Market Accelerates Early in 2021

    By:
    Date Published:
    Categories:
    , , , , , , , , , , , , , ,
    Tags:
    , , , , , , , , , , , , , , , , , , , , ,

    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