Typically the slowest time of the year for real estate activity, the winter months are a difficult time to spot changing trends and make predictions. While a 44% drop in sales is certainly worth noting - and keeping an eye on - it means little as a single data point, and we also must note that the underlying drivers for the real estate market - the state of the regional economy and its consequent job creation - remain healthy.
Our most recent real estate market update - Greeley CO Market Update - takes a detailed look at sales, price and inventory trends for the last three years - check it out!
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