February 2024

February 2024

It’s time for a quick look! The Colorado real estate market has undergone significant changes in recent years, driven by a combination of factors such as strong economic growth, an influx of population, and a limited supply of available homes. While the market has...
October 2023

October 2023

Here is a bit of an update on market conditions.  The average rate for a 30-year fixed rate mortgage has increased to 7.49%.  The 10-year Treasury yield rose to 4.58%.  Existing home sales fell 0.7%, down 15% YOY.  Pending home sales fell 7.1%, or 18.7% YOY.  The GDP...
April 2023

April 2023

The Colorado housing market has been in a state of flux over the past few years due to the surge in demand for homes. Right now, the real estate market in Colorado is a buyer’s market. Generally, the current median home value of the state is $377,5002. In March 2023,...
Wow.  Where do we go from here? July 2022

Wow. Where do we go from here? July 2022

It’s been a crazy spring in the real estate market in Northern Colorado. A few months ago, I would have reported double digit annual appreciation in all market segments.  In March, the local Board of Realtors reported the one-year change in single family median home...
August 2021

August 2021

What is the market like today?  Here is a look as of July 2021. Each month the Fort Collins Board of Realtors releases statistics regarding the local real estate market. This includes a large geographic area. This data is collected from the markets for Windsor,...
Market Update Fall 2019

Market Update Fall 2019

I have good news and I have bad news. I am not one of those realtors that only talks with “Happy Talk”.  The market is not always wonderful, as we were well reminded in 2008, although that spurred the “Fix and Flip” industry.  The market does always have...