The May 2018 real estate market data displayed expected results for the season, with sales, prices and inventory all rising. That’s obviously good, but we continue to be concerned about upward pressure on home prices caused by a lack of balance between available homes and interested buyers. We don’t think we’re experiencing a bubble - the demand side is real, not speculative - and as long as the regional economy stays healthy, buyer demand will remain high. But we can’t expect current home owners to offer their homes for sale solely because of rising prices - most of them plan to continue to live here, and we’re simply not building enough new homes to relieve the pressure. Or latest market update - The Fort Collins CO Real Estate Market Update for June 2018 - has all the numbers.
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