To understand how forbearance and possible foreclosures will affect your real estate market, it is wise to know what is happening on a national level, then take the dive to your neck of the woods. The national statistics say another average year, how does Northern Colorado compare? According to the…
The northern Colorado real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale. The National Association of Realtors (NAR) released their Existing…
As many folks try to pull their heads out of the fog, out from under a rock or out of their respective posterior the question comes to mind, what is the progression of people when it comes to single family real estate? How will that progression affect the housing market…
Real estate is seasonal. This statement is very bland. Four words that tell a story of an economic market with great accuracy. Now, let us make these words sparkle and glitter with some graphs and numbers: The last three years, looking like the Rocky Mountains that stretch the front range. …
“Buyers typically searched for eight weeks and looked at a median of 9 homes and viewed 5 of these homes only online.” According to the National Association of Realtors® Profile of Home Buyers When we are speaking about statistics “median”, defined as, “…relating to the value in the center of the distribution for…
As I was watering the various flora that inhabit the immediate area around my home and found that I need to get my caulking gun out and show off some mad skills! Every penetration through the siding should be inspected, think hose bibs, A/C units, cable/ISP/telephony into the home and…
The chief economist with the National Association of Realtors, Lawrence Yun, has provided great data and amazing insight concerning the Real Estate market nationwide. In his most recent video, he speaks to the appreciation rate and quick increase in prices across the nation. For the price increases to calm, there…
How is the economy? If you were to believe the rhetoric from national news, I would bet that the answer is, “TERRIBLE!”. This sentiment rings true in many areas, things are not great, but there are bright spots that beacon for attention, Fort Collins for instance is a bright spot. …
With everything that is on our proverbial plates it is understandable to feel that all out chaos is being held back by a single thread! The only respite may be your home, and there may be certain rooms that do not feel very inviting or comfortable due to the echo…
As we enter unknown territory concerning the strength and speed of a robust real estate market what recommendations would be necessary to achieve a smooth transaction? Recent numbers from the National Association of Realtors illustrate how tight things really are. On the national scale: median list price is up 11%…
