Category: Stats Commentary
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Longmont Prices Soaring Due to Demand
We are still seeing increasing prices. We are still seeing fewer days on market. These are points of strength. They say there is strong demand from those who can afford it.
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Longmont the Same as ALL of NoCo-Higher Prices, Lower Inventory
Over the course of the past two years, many “experts” have repeatedly predicted the housing market would go down in flames or death by 1,000 cuts,
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Houze the NoCo Real Estate Market in January ’22? Smokin’!
As far as the closed sales in most areas of Northern Colorado go, 2022 started out very similar to 2021. How were these two years similar? Fewer closed sales in January. Fewer Listings. Fewer days on market and higher prices? Who is benefitting from these conditions? Sellers is the answer, for sure. Agents too, I…
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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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Least Expensive Homes Cost the Most on a Price/sf Basis
The chart clearly shows that the least expensive homes sold in Longmont (under $350,000) average a touch over 1,000 square feet and their buyers paid the highest price per square foot at $270.
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Houze the Market Now has NoCo Stats!
Welcome to the inaugural monthly stats edition of “Houze” the Market brought to you by your First American Title – Northern Colorado Team. This newsletter is not copyrighted, and you are welcome to reproduce the information as you please. The real estate commission prefers that you quote the source. This is written with the Realtor in mind.…
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2021 Average Home Price in Boulder $1.57M!
Happy New Year to all! Welcome to the inaugural issue of First American Title’s Boulder and Surrounding Areas Real Estate Stats Report. That’s a long name that we will surely improve on. Dori Van Lone has asked me for years to produce this report for her…for you. I finally agreed. I’m Kyle Snyder and I’ve been…
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Another 15.5% Average Price Increase Hits Longmont in 2021
Happy New Year everyone! It feels like more than a month since the last time I did stats. December was a busy month with the holidays and our kids home from college. Sadly, we had a lot of neighbors have their New Year ruined by fire. I can’t imagine how their lives have been turned…
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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…