The Spring market is upon us now that the Superbowl is over.  But how has the market been trending through the winter months?  Are we seeing significant changes?  I review the Year-over-Year and Month-over-Month data to help you see how the market is responding in light of the current state of our economy. I also give insights into whether or not you should buy or sell a home in our current market conditions.  Questions?  Don’t hesitate to get in touch.  Sean Gilliam, 970-313-6706 ..read more

In this first market update for 2024, I highlight the most recent housing market data for Northern Colorado and show how the Spring market will likely take shape ..read more

What does 2024 hold for the real estate market in Northern Colorado? Is 2024 a good year to buy or sell a home? I review the data from 2023 for the housing market, mortgage interest rates as well as the Colorado economy to show what likely lies ahead so that you can make the best decision moving forward ..read more

The market has been fairly stable overall with small changes but nothing like the escalated market we had in recent years.  With higher interest rates and the resultant decrease in demand, there has been downward pressure on home prices.  However, just in the last two days things have changed, at least in regard to interest rates.  They dropped to the low 7s and as of 12/14, they are at 6.82% and trending lower. How will the market respond?  Are these rates low enough to significantly increase buyer demand?  Time will tell…  In this episode I’ll take the usua ..read more

Now that we have some data going into the Fall market, what are we seeing? There is some variation across the Front Range but overall the market is stable. In this episode I cover the market data for Boulder, Larimer and Weld Counties. I also highlight the average sales price of homes in different communities along the Front Range to show you what you get for your money. I cover interest rates, of course. They topped out just above 8% recently but now they have come down to around 7.5%. At the end is a segment that shows the month over month change for these counties. Questions? Don’t hesitate ..read more

Spoiler alert, not much has changed since last month.  Inventory is still low and buyer demand is strong, especially for updated homes that are move in ready.  However, in this episode I do cover mortgage rate projections through the 3rd quarter of next year.  Good information to have when you're considering whether or not you should buy or sell a home soon.  In helping you to be best prepared for making such a big decision, I highlight my Buyer and Seller Guides that are available to you for free.  Just get in touch and I'll send you a copy!   ..read more

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As the housing market has shifted, buyers and sellers need to shift as well.  Particularly their expectations and gameplan need to shift to be successful in this market.  In this episode I explain tips for home buyers and sellers that will help them be realistic while achieving their goals.     ..read more

A housing market shift is happening. How do I know? Recent market data doesn’t clearly show it yet, as the numbers show that homes are still selling above list price and the average and median sales prices are up double-digit percent points from last year at this time. We are also in the summer season when many people take a break from their real estate goals, so that does factor in to some degree. However, there are other indicators that are starting to trend upward which are signaling a shift. First more listings are doing price reductions. In fact, there have been 72 in the last 2 weeks in ..read more

In this market update, I’ll cover the impact of higher mortgage rates, where consumer confidence stands regarding real estate and the top ten best places to live in the United States.  Of course, I’ll also cover the latest local data so you can know how the real estate market is trending across the Front Range of Northern Colorado.   ..read more