March 2023 Market Update for Northern Colorado

By
Real Estate Agent with LoKation Real Estate

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.


About the author: Sean Gilliam is a real estate agent with LoKation Real Estate in Northern Colorado.  Sean can be reached at sgilliam@mylokation.com or by phone at 970-313-6706.  For additional content see Sean’s Youtube channel or to search for properties see his web page.

Comments (9)

Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Great video and I do like to see that the estimates for future interest rates are projected to be lower as the year moves forward. 

I did subscribe to your channel and look forward to your next videos.  If you are interested in comparing notes, here is my Youtube Channel.

Mar 16, 2023 08:00 AM
Sean Gilliam
LoKation Real Estate - Longmont, CO
Real Estate on the Front Range

Thanks Ray, I'll check out your channel!

Mar 16, 2023 08:01 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Sean and thank you for sharing your market report with us here in the Rain.  Make it a great day!

 

Mar 16, 2023 08:19 AM
Sean Gilliam
LoKation Real Estate - Longmont, CO
Real Estate on the Front Range

Thanks Will!

Mar 16, 2023 08:27 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sean, nice market update for Boulder County, and IRES has easy to read stats!

Mar 16, 2023 09:18 AM
Sean Gilliam
LoKation Real Estate - Longmont, CO
Real Estate on the Front Range

Thanks Joan!

Mar 16, 2023 12:22 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Sean Gilliam this is good information for both Buyers and Sellers in your area.

Mar 16, 2023 12:33 PM
Sean Gilliam
LoKation Real Estate - Longmont, CO
Real Estate on the Front Range

Thank you George!

Mar 16, 2023 12:35 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Thanks for sharing your market report with us here in the Rain. It's always interesting to see how other areas of the country are doing.

 

Mar 22, 2023 10:14 AM
Sean Gilliam

Thanks Debe!

Mar 22, 2023 02:08 PM