Blog Jobs Bounce As the job market goes, so goes the housing market.  This is a fact about any primary housing market. If employment is growing, the housing market will keep growing. One of the many positive indicators of the healthy Northern Colorado economy is the fact that the jobs lost during the pandemic have bounced back. Not […]
Windsor Real Estate Beautiful Home in Water Valley South 136 Beluga Drive is a beautiful 2 Story home in Water Valley South. This 3-bedroom home boasts an open floor plan with vaulted ceilings, granite countertops, and stainless steel appliances in the kitchen perfect for entertaining so everyone in the party is included. The main floor office has double doors for privacy or turn this […]
Blog Equity Rich! Homeowners in Northern Colorado have a bunch of equity in their homes.This fact was reported by our Chief Economist Matthew Gardner at our annual Real Estate Market Forecast event.The term ‘equity rich’ is defined as someone who has at least 50% equity in their home.For example, if someone owns a home worth $500,000 and their […]
Blog Luxury Stats The numbers are in.  2022 was another strong year for luxury sales of properties over $1,000,000.Along the whole Front Range in 2022, the number of luxury properties that sold was up 6.28% over 2021.The sold price per square foot was up 5.98% compared last year.Most interestingly, the number of luxury properties that closed this past […]
Blog No Bear Altos Research is one of the most trusted sources of real estate market information in the United States.  Each week they track every single home for sale across the Country.  They analyze the pricing, supply, demand, and status changes for all listings.  This amount of data allows them to expertly predict changes in the market. […]
Fort Collins Real Estate Meticulously Cared-for Paired Home 352 Zeppelin Way is a meticulously cared-for Paired Home in Mosaic! This 2 bedroom, 3 bathroom with a loft is perfect for someone looking for a move-in ready home in Fort Collins! The open floor plan lends itself beautifully to entertaining. Chefs will swoon over the kitchen which boasts a farmhouse sink, quartz countertops, upgraded […]
Uncategorized Versus 2019 Because 2021 and 2020 were such unique years in real estate because of the considerably low interest rates, many people in our industry believe it makes sense to compare 2022 to 2019 when looking at the key statistics. Here’s how 2022 looked along the Front Range compared to 2019:                                              Prices                   Number of Transactions […]
Blog RSVP Time There are four key questions that our clients have right now:1. What will values do this year and is there any chance of a housing bubble?2. When will mortgage rates drop below 6%?3. Will inflation subside this year?4. Is now a good time to buy or sell? All of these questions will be answered by our […]
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Milliken Real Estate Immaculate Ranch Style Home in Milliken Welcome to Settlers Village! 794 S Pioneer Drive is an immaculate 3 bedroom, 2 bathroom ranch style home situated on a corner lot and is perfect for entertaining. The home boasts an open floor plan with vaulted ceilings in the living room and dining nook. LVP flooring has been installed on the main level and […]
Blog Incentivized More than 75% of all new home builders are using interest rate buydowns as a way to attract buyers to their communities.This is according to new research by John Burns Real Estate Consulting.Builders are fronting several thousand dollars on behalf of their buyers so these buyers can have a lower rate for the first few […]
Blog Way Under The Nation’s real estate market is significantly under-supplied.According to the most recent research from Freddie Mac, the United States has a housing supply deficit of 3.8 million units.The available inventory today is lower than it has ever been in the last 40 years and is 3.5x lower than the peak of 2008.The reason why available […]
Severance Real Estate Perfect Ranch Home in Hunter’s Crossing 964 Mouflan Drive is a perfect Ranch Home in Hunter’s Crossing. This 3 bedroom 2 bathroom home is only 2 years old and move in ready! Home boasts an open concept floor plan and vaulted ceilings in the main living area with a decorative wall as an added special touch. The back yard is fully […]
Blog Mis-Led The most misleading stat about the housing market is increase in inventory. The number of properties for sale is up significantly compared to last year.  In most locations along the Front Range, inventory has doubled.This is obviously great news for buyers because they now have more choice.This is obviously meaningful for sellers because they now have […]
Blog Bargaining Power Buyers (finally) have more bargaining power.  For many, many months sellers had the distinct upper-hand and commanded above-list price offers.  Bidding wars were the norm.  Buyers had virtually no negotiating power.The numbers show that the dynamic has absolutely changed.The ratio of the final sales price to the list price is now at 98.1%.From April 2020 […]
Fort Collins Real Estate Open Floor Plan + Beautiful Garden Beds Looking for a home in a great location with a little extra elbow room? This is it! 6739 Brittany Drive is a beautiful 3 bedroom 2 bathroom home located in Provincetown. Situated on a approximately 1/4 acre corner lot and mature landscaping, the back yard boasts built in garden beds with irrigation, a compost bin […]
Blog Luxury is Stronger The market above $1,000,000 is stronger than the market overall.This is true in both Northern Colorado and Metro Denver.The luxury market is not slowing to the same degree as the overall market.In Northern Colorado: Closed transactions are down 41% in the overall market and 26% in the luxury market over $1,000,000 Pending transactions are down […]
Blog Halfway Check This is a market which is changing quickly.  We are studying the numbers every day so we can be clear about where the market is heading. Here is a check on the market halfway through October. Compared to last October… Available inventory is up 73% in Northern Colorado and up 112% in Metro Denver.  This […]
Blog Toward Balance Our market is moving toward a balanced market, but it is still unbalanced. By definition, a balanced market has between 4 and 6 months of inventory for sale. Today there is essentially two months.  One year ago, there was only 3 weeks of inventory. It has actually been 16 years since the market has been […]
Greeley Real Estate River Run Ranch Style Patio Home 8225 River Run Drive, a better than new Ranch Style Patio Home in River Run, awaits. The open floor plan welcomes you as soon as you enter. You will notice the enticing fireplace and kitchen perfect for entertaining! The main level and basement living area have been upgraded with LVP for a beautiful look and […]
Blog Most Multi There are more multi-family residential properties under construction than at any time since 1974. 890,000 properties with 2+ units are currently being built across the United States.  This includes both for-sale product, and for-rent product. Additional supply is clearly beneficial for both buyers and renters and will hopefully relieve some of the housing affordability issues. […]