Real Estate on the Front Range

Here is the latest housing market data for Colorado's northern front range.

It’s April and the oft spoken of Spring market is upon us here in Northern Colorado.  We have seen increased new listing activity, pending sales and closed sales since January.  If history repeats itself, April is when we have the most buyer activity and sellers see there homes sell faster and for more money.  REALTOR.com, when looking at national data, offers that the week of April 13th is the best time for sellers to list their home.  Granted, that is based on national data and we all know that real estate is hyper local in relevance.  I would venture to say they are correct though. Mortgage interest rates are slightly lower after rising considerably from 5.99% to 6.63% in the last month.  As of today they are at 6.38%.  The rise in rates started due to the conflict in Iran.  As such, oil prices went up.  While not directly related they tend to move in concert.  However, with the potential for peace that is being negotiated, oil price are coming down as well as mortgage interest rates.  Will thefluctuation in rates have a negative impact on the housing market?  We won’t really know until April’s data comesout.  As for now, the Spring market seems to be under way.   In this episode I highlight the usual data, comparing importantmetrics for Boulder, Larimer and Weld Counties.  I discuss the year-over-year and the month-over-month data.  If you have any questions or want information on your specific local market, don’t hesitate to get in touch. Regards, Sean

Here is the latest housing market data for Northern Colorado. Already showing signs of an emerging Spring market with increased listings and homes under contract. Mortgage rates have gone up slightly since the last update. Next month's data should tell us if that will slow the upswing in market activity.

Here is the February 2026 market update for Boulder, Larimer and Weld Counties. I compare month-to-month and year-over-year data to show you how the market is trending. I also highlight how buyers and sellers can best prepare for the current market conditions. Mortgage rates have reached a significant low so that is a positive signal for buyers as we head into the Spring market. If you are thinking about buying or selling this year, this data will help you assess what kind of market activity you can expect.

Here is the real estate year in review for 2025. In this video, I review the IRES Annual Report for the entire MLS area. Based on the data, I'll show you which areas saw more buying and selling activity and which saw less. I also highlight what kind of buyers were on the market in 2025. This will help both buyers and sellers assess what the market might look like this year and inform their decision as to when to make their next move.

Here is the latest market data for Northern Colorado, providing an essential market analysis for anyone interested in the local housing market. We look at key metrics, including current mortgage rates, to help you understand the trends and make informed decisions about Colorado real estate. This update is crucial for both buyers and sellers navigating the current real estate market.

Here is the latest edition of my market update.  The real estate market reflects the fact that most people are busy with fun festivities for the holidays.  We typically see a less active real estate market this time of year.  However, the data shows that this November was less active than last year.  This is surprising since a year ago we had rates that were hovering around 7%, whereas now they are around 6.2%.  This is good news for buyers as you will have less competition and more negotiating power.  There is also good news on the horizon for sellers as the Spring market will be upon us before you know it.  Listen to the update to get all of the details and get a fuller idea of how the market is trending in Northern Colorado.

In this update I highlight where mortgage rates are trending and some strategies for making a home more affordable. I also highlight the month-over-month and year-over-year data to support who the market favors more, whether buyers or sellers. Don't hesitate to get in touch with any questions!

Here is the latest data for the Northern Colorado housing market. I highlight mortgage interest rates and other key metrics so that you can see how the market is trending.

Check out the latest data on the current real estate market trends, including a detailed look at mortgage interest rates. This housing market update examines the overall housing market here in Northern Colorado and what it means for buying a home and investing in real estate. Stay informed with the newest interest rates and market analysis.

The end of summer is upon us. In this update I show how the market is trending in Northern Colorado and who it is starting to favor more, buyers or sellers. I also cover mortgage interest rates and a recent update to the mortgage interest rate forecast from REALTOR.com.

The Spring market is over.  While we saw some pockets of accelerated activity across the Front Range, we also saw homes sitting on the market for extended lengths oftime.  Inventory has increased but buying activity is not keeping up.  The result?  We are edging toward a Buyer’sMarket.  In fact, some areas, especially the mountain towns, are already in a Buyer’s Market, according to the Month'sSupply of Inventory metric.  We are also seeing a significant amount of price reductions.  Builders are offering great incentives on their standing inventory.  If you werewondering if now is a good time to buy, it is, as long as you are planning on owning the home as a long term investment. If it helps, Barbara Corcoran, a popular real estate mogul, thinks the market we’re in is a good one to buy in.  For the selling side of things, many of you are enjoying amortgage that has a rate below 4%, some even below 3%!  My honest professional advice?  Hold!  Unless you really, really want to move and it makes good sense.  Otherwise, enjoy that low mortgage rate!

The Spring market in Northern Colorado is tapering off.  While some homes sold quickly and above list price, many more have sat on the market and sold below list price.  This is not great news for sellers but provides opportunities for buyers to find good deals.  Some sellers are motivated to sell in this type of market so they are willing to accept lower offers and may offer money to buyers to pay down the interest rate.  Builders are especially motivated to sell their current inventory and are offering incentives to buyers such as lower mortgage interest rates and price reductions to make homes more affordable to a larger segment of themarket. If you have any questions or need help with real estate, don’thesitate to get in touch! Regards, Sean

In this market update you’ll see evidence of a Spring market with somewhat mixed results.  That is, in this market, some homes are moving quickly while others sit for weeks or even months.  Interest rates are hovering just below 7%, with small fluctuations daily.  FHA and VA loans are right at 6.25%. There are opportunities out there if you are able to afford a home in this market.  Some sellers are willing to negotiate and some builders are offering great interest rates or other incentives to get rid of their existing inventory.   If you or someone you know needs help with real estate, don’t hesitate to get in touch.  I’m here to help if you need anything.

The Spring market is here and we’re seeing mixed activity.  The Buyers with big pockets are out but they are picky about what homes they are pursuing.  Some Sellers are seeing multiple offers and some are seeing multiple weeks on the market with no activity.  Mortgage interest rates have fluctuated significantly in the last week due to the market’s response to the tariffs.  In real estate news, some headlinesare helpful and some are click bate and produce fear.  I highlight a couple of recent headlines that can be misleading until you read the finer details. 

We are heading into the Spring market here in NorthernColorado.  Mortgage interest rates are slightly lower.  Things are heating up in some areas and not so much in others but we are seeing more activity.  If you or someone you know is thinking about buying or selling, knowing the hyper-local market you are in will make a big difference in your decision-making process and your ability to negotiate.   Questions?  Don’t hesitate to get in touch if you want to discuss what your next move.

We’re over a month into 2025 and seeing some interesting activity along the Front Range.  Boulder County saw less pending and closed sales compared to last year at this time while Larimer County saw an increase in both metrics.  While pending sales are down, Weld County saw a 15.6% increase in closed sales compared to last year.  Mortgage interest rates were in the upper 6%range at this time last year so it is significant that we are seeing more buying activity on the market.  New listings were up in all three counties with Weld seeing a 10.2% increase, Larimer 16.6%, and Boulder County saw a 5.6% increase.  Homes are staying on the market a few days longer before going under contract compared to last year.  However, while we don’t have February’s data yet, I am seeing some homes fetch multiple offers and going under contract over list price.  It is an anomaly to see this, but it is happening.  The Percent of List Price Received year over year was slightly down in the month of January but I suspect it will show an increase when we look at February’s data based on some of the yet to be recorded market activity that I am seeing.  The amount of inventory has gone up along the Front Range, in part because of some homes staying on the market longer, but also because we are seeing more listings coming on the market.   We are promised a more active Spring market now that the election is over, at least that is historically what has happened in 9 out of the last 11 elections, regardless of which party has won the White House.  Based on what I’m seeing out there, there is some good activity on the market.  What would bring more buyers on the market is lower mortgage interest rates.  We’ll see if that happens, and if it does, we’ll see a very robust Spring market. If it doesn’t, there is still a segment of the market that is willing and able to buy a home in this market despite the affordability factor that sidelines so many prospective homeowners.

Here is my first market update for the new year! I highlight the market trends that finished off 2024 and cover some of the predictions for 2025.

It is now 2025 and many are wondering how our economy and our housing market will look like in the coming year.  Across the nation, people have experienced their personal economy’s languishing due to the long-term effect of inflation.  But is there a light at the end of the tunnel?  Many are predicting a better economy over the next few years which will produce more jobs and pay increases for consumers.  Every year, the “experts” use data to put forth their best guesses as to what will happen with home values and mortgage interest rates.  These estimates help people make goals or inform those that are just curious to see how things will turn out.  In this episode I put together relevant data from various sources so that you can get an idea of what to expect and to plan accordingly.  Here is a link to my blog post so that you can read the article and follow the hyper links to the various sources that I used. https://seangilliam.lokationre.com/blog/2812/2025+Real+Estate+Market+Forecast+for+Northern+Colorado

Market Update for Northern Colorado. I highlight YoY data and show charts so that you can see how the market is trending. I also show an article from Realtor.com that is predicting the top housing markets for 2025. The cities of Denver and Colorado Springs make the list. A look at mortgage interest rates shows which type of loan will get you the lowest rate and lowest down payment. Good options to consider if you're trying to make buying a home more affordable. References Realtor.com article by Julie Taylor: https://www.realtor.com/news/trends/top-housing-markets-2025/

The elections is over!  Now we can look forward to what will happen in our economy, both nationally and personally.  To help us understand what typically happens after a major election, I review historical research that shows what happens in the real estate market.  The results may surprise you and may give some insight as to when you should make your next move.  Also, I review the National Association of REALTORS (NAR) Annual Profile of Home Buyers and Sellers.  Their research gives us some interesting information about the typical buyer and seller in our current market.  This data reflects what is going on in the real estate market and our national economy.    If you or someone you know needs help with navigating our real estate market, feel free to get in touch, I’m here to help.

October 2024 Market Update for Northern Colorado.

New construction homes have many benefits. In this episode I cover four reasons why a new construction home is a good option for you, especially if you want to save money.

What is the Buyer Listing Contract (also known as the Exclusive Right to Buy Listing Contract) and what do you need to know about it? This video is part of my series on How to Buy a Home. I give an overview of the importance of this document and what you need to know about it as a prospective home buyer.

We are getting into the Fall market with many variables impacting how the market is trending.  On the positive side, we have lower mortgage interest rates, about 6.15% for a 30-year fixed rate mortgage right now.  We also have the ongoing issue of affordability that impacts a lot of would-be home buyers.  In this update, I take a look at the data and discuss the impact that these and other variables are having on our housing market.

In this tutorial, I review the Exclusive Right to Sell Listing Contract. This is the updated version as of August 2024 reflecting changes related to the NAR Settlement. This is the contract that makes me exclusively your listing agent should you choose to use me to sell your home. I make this and other videos as a reference tool for you to learn about the different forms used when buying or selling a home here in Colorado. It is also a resource to come back to should you have questions about different aspects of any form. I hope this is helpful! Don't hesitate to get in touch with any questions.

Here is the new form that all home buyers are going to have to be acquainted with. The Compensation Agreement stipulates what a real estate broker in Colorado is going to charge for their services to you. Please note, this form does not obligate you to work with the real estate broker, it is merely a disclosure so that you are aware of the potential charges if you move forward with this agent. There are many nuances and everything is negotiable as you move forward but this video gives a basic explanation of what this form means.

The Spring market continues on, though restrained by those higher mortgage interest rates.  Price appreciation continues to elevate only slightly.  I’m seeing some local markets have price reductions while homes at the lower end of the market are getting multiple offers.  The balance of sales shows price appreciation in our overall market.    If you or someone you know is thinking if now is the right time to buy or sell, send them my way.  I’d be glad to help them evaluate the facts and see what their next best move is.

We are into our Spring market in the real estate world.  In this episode I cover the most recent data in a year-over-year and month-over-month format so you can see how the market is trending.  We do have some headwinds as we get into our Spring market, including higher interest rates and higher home values.  Despite the impact this is having on affordability, the market is remaining stable.  This is mostly due to home buyers and sellers that are doing what they can to make things work for their needs.  In this episode, I also cover the most recent inflation data, mortgage interest rates and give an update on the real estate broker commission lawsuits and settlements that you’ve likely seen in the news.   If you’re thinking of buying in this market, you might look at newly built homes, as they offer rate buydown incentives, making your monthly bill less.  Plus, it’s a new home!  Get in touch if this is an option you want to consider.   Questions or need help with real estate?  Let’s talk!   Kind regards,   Sean Gilliam 970-313-6706

Spring is upon us and the market is starting to pick up some steam.  This episode is short and sweet and gets right to the data.  I highlight which part of our market is showing more signs of activity than the others.  I also review where mortgage rates are at…back below 7% again.   Questions or need help getting ready to buy or sell?  Get in touch for free consultation so that you are ready for your next move.   Sincerely, Sean, 970-313-6706

The Spring market is upon us now that the Superbowl is over.  But how has the market been trending through the winter months?  Are we seeing significant changes?  I review the Year-over-Year and Month-over-Month data to help you see how the market is responding in light of the current state of our economy. I also give insights into whether or not you should buy or sell a home in our current market conditions.  Questions?  Don’t hesitate to get in touch.  Sean Gilliam, 970-313-6706

In this first market update for 2024, I highlight the most recent housing market data for Northern Colorado and show how the Spring market will likely take shape.

What does 2024 hold for the real estate market in Northern Colorado? Is 2024 a good year to buy or sell a home? I review the data from 2023 for the housing market, mortgage interest rates as well as the Colorado economy to show what likely lies ahead so that you can make the best decision moving forward.

The market has been fairly stable overall with small changes but nothing like the escalated market we had in recent years.  With higher interest rates and the resultant decrease in demand, there has been downward pressure on home prices.  However, just in the last two days things have changed, at least in regard to interest rates.  They dropped to the low 7s and as of 12/14, they are at 6.82% and trending lower. How will the market respond?  Are these rates low enough to significantly increase buyer demand?  Time will tell…  In this episode I’ll take the usual look at how the market is trending in Northern Colorado and highlight the average sales prices in the major communities along the Front Range. Don’t hesitate to get in touch with any questions or to discuss if now is the right time for you to move.

Now that we have some data going into the Fall market, what are we seeing? There is some variation across the Front Range but overall the market is stable. In this episode I cover the market data for Boulder, Larimer and Weld Counties. I also highlight the average sales price of homes in different communities along the Front Range to show you what you get for your money. I cover interest rates, of course. They topped out just above 8% recently but now they have come down to around 7.5%. At the end is a segment that shows the month over month change for these counties. Questions? Don’t hesitate to get in touch!

In this episode I cover the most recent data for Northern Colorado, mortgage interest rates and the average sales price for major communities along the Front Range.

Mortgage interest rates are at their highest in 20 years. Are there any options for those who want to buy a home in the near future? I cover 3 options that will equip you to make the best decision moving forward.

Is the real estate market going to crash or is it stabilizing? In September's market update, I highlight the local data to help us interpret what is happening in our market. I also discuss the inflation rate and current mortgage interest rates.

In this episode of How to Buy a Home, I will explain important concepts related to Earnest Money. In most real estate transactions, earnest money will be required by the Seller from the Buyer as part of the real estate contract. I'm going to answer several questions related to earnest money that most people ask me when buying a home. * What is earnest money? * Where does it go during a transaction? * When is it due? * What is it used for at closing? * What if I terminate? Will I get it back? How soon? * What if I don't turn it in on time? * What if there is an earnest money dispute? I hope you find this episode helpful. If you can think of any other questions, let me know in the comments below!

The housing market seems to continue to be in the doldrums. Inventory is lower than usual, yet homes are staying on the market longer. What is behind this unique housing market we're in? Mortgage interest rates. In this episode I'll explore where rates are likely headed, what the foreclosure rate is and housing affordability.    Would you buy or sell a home in these market conditions? Why or why not? Leave your response below or contact me directly.    Don’t hesitate to get in touch with any questions or if you need help with real estate.   Best regards, Sean

In this episode of How to Buy a Home, I explain the financing side of a real estate transaction. I discuss how to find a lender and what is involved when I am working with a lender in helping you buy a home.

Many variables are impacting our housing market. Overall, compared to last year, the housing market in Northern Colorado is stabilizing. No major changes in one direction or another. I think many buyers and sellers are holding off due to higher interest rates and some uncertainty with regards to the economy. There are buyers and sellers out there moving forward but it seems more people are in a wait and see mode. What will change that? When mortgage interest rates get below 6% and stay there for a while. Hopefully, if the experts are correct, that will happen by years end. In this episode I highlight the inflation rate, mortgage interest rates and the local market data so that you can see how things are trending. Questions? Don't hesitate to get in touch with me personally or leave a comment/question below.

While there has been a drastic change from last year at this time, we are seeing a milder trend developing in our most recent market. I cover the changes year over year and month over month so that you can see how the market is trending. Want to know what is happening to the inflation rate? I cover this and how it impacts mortgage interest rates. I also address foreclosures, something that may be impacting you or someone you know. While overall there isn't a significant increase in homeowners being foreclosed on, if it is happening to you or someone you know, there is hope. Get in touch if you need anything and if you find my content helpful, please be sure to subscribe and like! Thanks, Sean

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! 

April 2023 Market Update is here. See the recent stats as I compare year-over-year data with month-over-month data so you can see how the trend is changing. I highlight where mortgage interest rates are at and forecast which direction they will likely move in the latter half of the year.

We are a couple of months into 2023 and now we can start to see some potential changes in the market. In this episode, I review the local market data as well as point out the inflation rate and recent changes in mortgage interest rates, with a forecast of what we can expect later this year. Here is a link to my recent blog post, Mortgage Rates-Where Are They Headed, that takes a closer look at what causes mortgage rates to fluctuate and which metrics give us an idea of where things are headed. Want to see the podcast on my Youtube Channel, Real Estate on the Front Range?  Click here - March 2023 Market Update. Questions or need help with real estate?  Feel free to contact me!

As we get into 2023 and after reviewing market forecasts, many are wondering what the real estate market will actually do. In this episode I highlight what is happening in the market by the numbers as well as what is happening out on the street. I also cover the market shift from last Spring until now, using charts that will help you to see how rising mortgage interest rates are impacting the real estate market.

Here is the latest market update for Northern Colorado.  I discuss how the market is trending and highlight how mortgage interest rates are the lowest in 4 months! Sean Gilliam is a real estate agent with LoKation Real Estate in Northern Colorado. Sean can be reached at [email protected] or by phone at 970-313-6706. For additional content see Sean’s Youtube channel or to search for properties see his web page. Interested in buying a home or selling your current home?  Sean is committed to your success.  Give him a call at 970-313-6706 to get started.

What will the real estate market look like in 2023?  There are differing opinions as to what will happen, some are optimistic while some predict hard times ahead.  In this forecast, I use data from national sources as well as an annual report put out by Leed’s School of Business at University of Colorado in Boulder. They do a thorough evaluation of our local and national economies to give us an idea of what opportunities and/or headwinds lie ahead.  I integrate this information with other sources of data to help us see how the housing market might look in the year ahead. Here is the link to my blog post that has hyperlinks to the references I use in this forecast: https://activerain.com/droplet/Hjp6

There is a lot of hype out there about the housing market. But what is really going on and how does it impact you as a buyer or seller of real estate? I cover the latest data, give an update on mortgage interest rates and finish off with tips for how buyers and sellers can best position themselves to be successful in this market.