Home prices typically decline when economic activity constricts—but not in 2020. The economic downturn resulting from the COVID-19 pandemic has coincided with a booming housing market. Existing-home prices for all housing types jumped 15.5% year over year in October to $313,000, according to the National Association of REALTORS®. Home prices at all market levels are accelerating at … [Read more...]
The Best Smart Home Gadgets to Control and Protect Your House
Looking for the best smart home technology for 2020? Perhaps you've paid more attention to smart home gadgets now that many of us are spending more time at home -- you'll know the process can be more complicated than it seems. You might just need one device to address a particular issue, like a smart plug to put a lamp on a regular schedule. You might also already have an Amazon Alexa- or … [Read more...]
June is Home ownership Month!
New research shows that despite the ongoing risks of the pandemic, pent-up housing demand during state shutdowns is about to be unleashed as many coronavirus-related restrictions to daily life are lifted or relaxed and consumers return to the real estate market, says Lawrence Yun, chief economist for the National Association of REALTORS®. In recent video, Yun says home sales are bouncing back from … [Read more...]
What is in store for the Housing Market?
In today’s world, there are a lot of unknowns and many of us are unsure of what is happening! While we can’t answer many of questions surrounding what is going on, there is one topic we can answer questions about….the real estate market! In Northern Colorado (north of Longmont), thus far for the month of May we have had 430 properties come to market from $199K to $9.5, and 225 properties go … [Read more...]
10 Ways to be a Good Neighbor During These Unusual Times
As we adjust to a new version of normal life, most of us are undoubtedly looking inward at the effects of the COVID-19 pandemic. Now more than ever, it’s up to us to also take a moment to look outward and be good neighbors. Fortunately, there are ways that you can support your community while also adhering to the health and safety guidelines that will help combat the spread of COVID-19. … [Read more...]