Hi clients, friends and family,
How are we mid-way through October?!
2020 has at times felt like a year that has lasted a decade, but now I’m looking at my calendar and find myself surprised that we are already in Q4!
With all of the information you are inundated with on a daily basis, we want to give you a brief and hopefully helpful snapshot of the Northern Colorado Real Estate Market which is… feeling HOT! HOT! HOT!
We’ve been in a seller’s market for years, but in my almost decade of selling real estate, this market might be the hottest I have seen as inventory in all price points is far too low for the demand.
If you have been thinking of selling but concerned about the economic impact of COVID or the upcoming election, please reach out so we can put together specific market data for your home. Generally speaking, I wouldn’t wait, all of our listings have received multiple offers with very well qualified buyers who are throwing in all sorts of bells and whistles into their offer to make it more appealing. Many buyers are ready and able to close but they are stuck on the sidelines as they wait for more homes to come on the market. The need for more inventory is prevalent even in the luxury market!
And buyers, don’t feel discouraged! We have proven strategies that will help you secure your next home! Interest rates are incredibly low—it is a great time to capitalize on your purchasing power.
To those who are happy where they are at, we can all cheers to this... the average price increase from this time (September 2019) last year to now is 16.7% in Larimer County and 7.1% in Weld County! Great news for all homeowners!
We’d love to talk with you more specifically about your goals - please don’t hesitate to reach out!
You can also click on the market reports below for more information!