The Longmont real estate market is showing signs of picking up. We’ve seen an increase in new listings, homes are selling faster and for a higher percentage of their original list price. In the starter home range, which in this market is single family homes priced in the $400’s, we are seeing multiple offers with homes selling above list price. Mortgage interest rates are right around 6.5% and projected to go lower, though this has been a volatile figure.
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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.
Interested in buying a home or selling your current home? I am committed to your success. Give me a call at 970-313-6706 to get started.
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