aH Luxury Colorado Home & Garden Spring 2022

Page 6

COLORADO REAL ESTATE

Local Insights What’s in store for the real estate market in the months ahead?

By Luanne Kadlub

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Karen Bernardi

Sharon Cook

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AH Luxury Magazine – ATHOMECOLORADO.COM

Julia Cantarovici

David Scott

s 2022 progresses, many potential home buyers and sellers are wondering what — if any — surprises are in store for the real estate market in the months ahead. Will prices continue to increase? Or will prices flatten out? Will interest rates go up? Will it continue to be a seller’s market? And perhaps most of all, how will I even get a house when inventory continues to be here today and gone tomorrow? Four northern Colorado Realtors agree that 2022 will look much like 2021, with tight inventory limiting one’s selection and multiple offers on the table. The luxury home market (in 2021) was one of the strongest years on record, said Sharon Cook, employing broker/owner of NoCo Realty in Loveland. “All key indicators aligned: all-time high demand, prices surging at unprecedented rates, and new listings dropping to historic lows.”


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