Back in January of this year I make a couple of predictions about the Longmont real estate market in 2019. I also tried to describe what I mean by prices flattening. Both were typically long-worded explanations. I now have a very good visual and a single number that will hopefully clarify. In order to see [...]
Thank you all for the great responses to my last stats report. I guess you like the chunks of data from within the data that I went through. Great... because I'm doing it again. There are some interesting things that came up from my analysis. Most importantly, carve out 8 minutes to listen to the [...]
In my 12 years writing about local real estate statistics I've mentioned several time how much I love doing it. I'm a stats geek who loves looking deep into the numbers and I guess I'm foolish enough to write what I think for public consumption. But honestly, the last few years have been a little [...]
The fifth annual Longmont Housing Affordability Review is complete. Please click the link below to retrieve your copy of the report in .pdf format. Thank you to Amy Aschenbrenner, CEO of the Longmont Association of REALTORS® for her assistance. This is a non-partisan, unbiased review of the 2018 real estate data. It has no agenda [...]
Another month has flown by and now we are starting to see the grass turn green. Pretty soon all those spring break photos on Facebook will be replaced with summer adventures, vacations and family fun. In the meantime, let's get down to the business of stats and stuff going on around town. Last month I [...]
Quiz time. This quiz covers the past 4 months of the past 4 years. In other words, it's the four most recent four-month periods of November through February. We are going to name those four months "The Winter Months". Write down your guesses. The answers will be revealed later. 1. Of The Winter Months listed [...]
Last month I wrote that we'd be seeing steady changes in the Year-over-Year (YoY) comparison numbers. It's awesome to get your first prediction of the year correct in the first month of the year. It's hard to be pinpoint accurate when it comes to real estate predictions, but y'all have seen I'm generally in [...]
Written by: Odeta Kushi on Dec 10, 2018 Millennial demand for homeownership was one of the biggest trends influencing the housing market in 2018. Households under 35 years old contributed the most to overall homeownership growth in the third quarter of 2018, with millennial homeownership rising 1.2 percentage points from last year. This trend shows [...]
Ladies and gentlemen, welcome to 2019. A review of the December 2019 local sales and the eagerly awaited full-year over full-year statistical review are both a focus of this months' report. I know you are as excited as I am, and I hope you appreciate the Bronco Orange in the graph this month. Rumor has [...]
Way back in 2008, when I first started reporting these real estate statistics for the area, the only chart I used was just like the one in this month's report. You might want to click on the link at the end of this sentence to see what local sales looked like 10 years ago [...]
