1. June Sales Soar, Prices Hold Steady

    June sales data represents the beginning of the post-COVID real estate market in Northern Colorado.  And good gracious, did real estate come back with force after the shelter at home restrictions were eased.  Across the board, sales were up double digits, and prices even grew in most markets - these sales were the result of contracts written in the late April/Early May timeframe.  As showing re…Read More

  2. Who’s Selling?

    We actually have a little bit of data to help us understand just how the market is reacting in the wake of the most strict COVID restrictions.  I've had a handful of clients and friends reach out and ask, "Who's selling in the pandemic?" - Interestingly enough, quite a few people are, and some at surprising price points, too. The graph below shows the home values for both active and sold homes du…Read More

  3. Prices Pop in the Pandemic

    We're finally seeing impacts from COVID-19 in the Northern Colorado real estate market, since most of the homes that were closed in April were those that went under contract in March near the beginning of shelter in place.  During that time, in person showings were only possible once the home was under contract, somewhat putting the cart before the horse.  I am certain there were hundreds of sel…Read More

  4. Markets Stay Steady During COVID

    Well, it's been a wild month since all of Colorado has essentially been sheltered in place.  You would think that real estate in the area would have slowly ground to a halt, however, people still need to both buy and sell real estate.  As an industry, we have been unallowed to physically show property unless there was a contract on a home.  That had buyers making decisions based off of virtual …Read More

  5. Safest Real Estate In Northern Colorado

    There is still plenty of fear and unknown in the Northern Colorado real estate market and we aren't entirely sure how things will play out in the region post-COVID.  What we do know is that there has been a constant demand for Northern Colorado homes in the last decade and we don't expect that demand to slow.  Every homebuyer has fears of buying at a financially unsettled time.  The best we can…Read More

  6. Downtime Hacks For a Better Future

    The new buzzword this week is "social distancing" as a state of emergency was declared nationwide to combat the spread of the COVID19 pandemic.  Most schools are taking an extended spring break, some workers are being told to work remotely, all sports have been suspended and social gatherings of 250 or more people are frowned upon.  Chances are, you're avoiding most social engagements, staying i…Read More

  7. 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

  8. 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

  9. Running Out the Groundballs of Life

    This week, the great game of baseball played their annual mid-summer all star game showcasing some of the game's most talented athletes.  There were big hitters, crafty pitchers, and accomplished defensive stars.  I love baseball.  I've been playing it as long as I can remember.  I know there are plenty of folks out there that see it as a boring, long-winded hobby, but for those of you who tru…Read More

  10. 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