Colorado Housing

This week’s fun fact is that you just received your new valuation from your County Assessor and you have until June 8th to protest the value. By statute, properties in Colorado are re-assessed every two years and owners are given their new Assessed Valuation in early May. This year, many Colorado property owners are surprised […]

There is half of a month of inventory on the market.  In other words, at the current pace of sales, it would take just two weeks to sell all of the homes currently listed for sale along the Front Range. By definition, a market is balanced when there is 4 to 6 months of inventory.  […]

The standing inventory of residential properties currently for sale is staggeringly low. The number of active properties for sale is almost 90% below the average for this time of year. In Metro Denver, there are 1,144 residential properties for sale today. In Larimer County, there are 136 and in Weld County there are 174.  Current […]

Many of our clients wonder if the current pace of price growth can continue.  Some even ask if prices will decline this year.  Based on researching the Case-Shiller Home Price index and the National Association of Realtors home inventory data, there must be at least 6 months of inventory in a market for prices to […]