As a real estate agent in Longmont, CO I often get asked about news of a recession and what that means for the housing market in Boulder County. According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When polled in July, 49% of economists believed that we'll see a recession coming in 12...
I'm a Longmont real estate agent and I witnessed many of my homeowner clients get frustrated during the height of the pandemic. If you tried to buy a home during the pandemic, you also know the limited supply of homes for sale was a challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. Although this was a...
As a real estate agent in Longmont, we often heard that when the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis...
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