The market continues to be defined by low inventory, (some of the lowest Months Supply of Inventory figures that I've seen) and high demand. However, mortgage rates have gone up recently and are
October 2021 Market Update
Dated: October 14 2021
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The real estate market appears to be showing the typical market slowdown that it does in the Fall. However, we are still experiencing the effects of the pandemic and all that it entails, so nothing is certain. What is certain is that inventory remains low and demand from buyers remains high. This will result in home values moving upward, though likely at a slower pace in the coming years.
In this episode I’ll review the data for the month of September for Boulder, Larimer and Weld Counties. I’ll also show some figures from the national market to show how home sales are trending across the nation.
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In todays’ market the consumer can access most information about properties on the internet. This is a helpful advance in equipping prospective home buyers and sellers. However, when it comes to the....