Category: Stats
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February 2023 Boulder Area Real Estate Stats
After you look at the stats reports this month, I challenge you to find anything surprising in the data. If you can, you haven’t been paying attention. After reviewing all three reports, covering all of Northern Colorado, you should have the same lack of surprise as I do. This market is acting exactly the way…
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August 2022 Boulder Stats
Where are all the listings? No, seriously, where are they? The widespread predictions about the pending market collapse have had plenty of time to set in, but we just don’t see them materializing. I guess it’s a good thing the market isn’t collapsing, but it leaves us guessing as to where it’s headed, both long…
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The Predictions aren’t Materializing
Where are all the listings? No, seriously, where are they? The widespread predictions about the pending market collapse have had plenty of time to set in, but we just don’t see them materializing. I guess it’s a good thing the market isn’t collapsing, but it leaves us guessing as to where it’s headed, both long…
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Negotiating Power is UP!
The answer is: “It’s always changing. Why do you ask?” Who can guess the question? I get that not everyone is as optimistic as I am, but I sure am hearing a lot of very negative market talk out there. It’s almost as if everyone read the same dismal script one day and started repeating…
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Inventory is Rising, but We are a LONG Way from a Balanced Market
The answer is: “It’s always changing. Why do you ask?” Who can guess the question? I get that not everyone is as optimistic as I am, but I sure am hearing a lot of very negative market talk out there. It’s almost as if everyone read the dismal same script one day and started repeating…
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What was the question again?
The answer is: “It’s always changing. Why do you ask?” Who can guess the question? I get that not everyone is as optimistic as I am, but I’m hearing a lot of very negative market talk out there. It’s almost as if everyone read the same dismal script one day and started repeating it. I…
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Northern Colorado Stats for June 2022
It’s clear my super-powers do not include the ability to drop interest rates, increase inventory or reduce real estate prices. Not sure if it’s a super-power, but I’ve been good at calling my shots in the local real estate market for the past 17 years. I was vehement in my now correct predictions of no…
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Price of Smaller Homes Exceeds that of Million Dollar Homes on a Price/sf Comparison
In most markets the red line is more of a U-shaped curve that doesn’t have the little wiggle on the far-left end, and this is very interesting. I did the same graph for Longmont and Loveland. They were both U-shaped
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Where is the Largest Supply of Affordable Homes?
Another great article from First American Title’s own Odeta Kush. Where Can Potential First-Time Home Buyers Find the Largest Supply of Affordable Homes? Written by Odeta Kushi, Mar 23, 2021 6:30:00 AM In 2020, a combination of record-low mortgage rates and millennials aging into homeownership boosted demand against a very limited supply of homes for…
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Same, Same. Low Inventory and Higher Prices Won’t Stop Anytime Soon
If you were to inspect the Longmont stats every month this year, you will find each month is very similar in their characteristics, and possibly their percent changes. Mainly, low inventory, rising prices and relentless demand are making up all the real estate headlines these days. This won’t change anytime soon. Personally, after 6 months…