What is new in Northern Colorado Real Estate?
I get this a lot with people asking about the Northern Colorado Real Estate Market.
The short answer -- Just about everything is new and different.
We have new procedures for showing home to keep the inhabitants of the house safe from Covid-19. Interest rates are still at historic lows and don't appear to be going up any time too soon. Inventory is low. Specifically, Loveland inventory is down 22.5% year over year! And buyers are doing their best to lock in the low interest rates on their next home. So demand is high.
High demand, low interest rates, low inventory all equal a VERY active real estate market in Northern Colorado. Don't look for the housing market to cool off any too soon.
If you are curious about what all this means for you and your home's market value, give me a call or email me at Kim@TeamPLR.com and we can talk about your situation and goals.