May 2023 Market Update for Northern Colorado

The market in Northern Colorado is stabilizing and seems to be in a holding pattern.  With the anticipation of a potential recession and the impact of inflation, many would be sellers are holding off.  While the inflation rate continues to trend downward, it’s not enough to boost consumer confidence.  In this episode, I review the latest data and highlight mortgage interest rates, inflation data and discuss the valuation notices we received from our county assessor’s office and how I can help you.   Thanks for watching and don’t hesitate to get in touch if you need anything!