Buyers (finally) have more bargaining power. For many, many months sellers had the distinct upper-hand and commanded above-list price offers. Bidding wars were the norm. Buyers had virtually no negotiating power.The numbers show that the dynamic has absolutely changed.The ratio of the final sales price to the list price is now at 98.1%.From April 2020 […]
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Yesterday’s Consumer Price Index report for October showed a lower-than-expected increase in inflation. Many believe, based on the numbers, that inflation rates may have peaked. Investors cheered and the stock market showed its biggest increase since bouncing back from the pandemic-caused bear market in 2020.So, what does yesterday’s news mean for housing in the short […]
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Yesterday’s Consumer Price Index report for October showed a lower-than-expected increase in inflation. Many believe, based on the numbers, that inflation rates may have peaked. Investors cheered and the stock market showed its biggest increase since bouncing back from the pandemic-caused bear market in 2020.So, what does yesterday’s news mean for housing in the short […]
The post Inflation and Housing appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Here’s a fun fact. Generally speaking, a Seller should expect to have between 8 and 13 showings before receiving an offer. The exact number of course depends on price point and location. So, how quickly a property sells depends upon how quickly those showings are generated. The old adage of ‘it’s just a numbers game’ […]
The post A Numbers Game appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Here’s a fun fact. Generally speaking, a Seller should expect to have between 8 and 13 showings before receiving an offer. The exact number of course depends on price point and location. So, how quickly a property sells depends upon how quickly those showings are generated. The old adage of ‘it’s just a numbers game’ […]
The post A Numbers Game appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
8225 River Run Drive, a better than new Ranch Style Patio Home in River Run, awaits. The open floor plan welcomes you as soon as you enter. You will notice the enticing fireplace and kitchen perfect for entertaining! The main level and basement living area have been upgraded with LVP for a beautiful look and […]
The post New Listings October 2022 appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
8225 River Run Drive, a better than new Ranch Style Patio Home in River Run, awaits. The open floor plan welcomes you as soon as you enter. You will notice the enticing fireplace and kitchen perfect for entertaining! The main level and basement living area have been upgraded with LVP for a beautiful look and […]
The post New Listings October 2022 appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
The market above $1,000,000 is stronger than the market overall.This is true in both Northern Colorado and Metro Denver.The luxury market is not slowing to the same degree as the overall market.In Northern Colorado: Closed transactions are down 41% in the overall market and 26% in the luxury market over $1,000,000 Pending transactions are down […]
The post Luxury is Stronger appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
We are seeing a big jump in properties for sale as measured by months of inventory. As a reminder, a market is considered balanced when there is between 4 and 6 months of inventory on the market. Meaning, at the current pace of sales, it would take 4 to 6 months to sell all of […]
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This is a market which is changing quickly. We are studying the numbers every day so we can be clear about where the market is heading. Here is a check on the market halfway through October. Compared to last October… Available inventory is up 73% in Northern Colorado and up 112% in Metro Denver. This […]
The post Halfway Check appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
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