Happy New Year!
2022 is going to be an awesome year!
I hope you are doing well and your year is off to a great start. I am very excited to announce that my husband, Brian Lantis, has successfully obtained his real estate license and we have teamed up to form The Angie Spangler Real Estate Team at RE/MAX Alliance. Brian’s background is in construction – working in and on people’s homes for the last 20 years. His incredible dedication to customer service translates seamlessly when it comes to working with people to pursue and achieved their real estate goals.

Together, we strive to provide exemplary service to our clients and community. We will navigate sellers and buyers through the real estate process as well as help them achieve the American Dream of home ownership and diversifying your financial portfolio. Our clients get two professional agents for the price of one.

2021 Recap
Whew! What a year in real estate. It was the most competitive real estate market I have experienced in my 21 years of being licensed in Colorado.We experienced low inventory and very high demand, multiple offers on almost every transaction and properties selling for well over asking price and many buyers utilizing cash for purchases. Property values increased exponentially. It was a great time to be a seller and challenging for buyers. Please see the table below which demonstrates what happened with single family residential homes in 2021.

Northern Colorado Year End Real Estate Report
Single Family Only

We are starting off the year with more of the same with a lack of inventory in resale homes. Currently there is 1 home for every 12 buyers in NoCo. Some of the lack of inventory is typical for this time of year as things tend to be slightly slower until we enter spring. In lieu of the lack of inventory, buyer demand has not changed and we continue to see buyers moving here from other markets that are more expensive than our market or they have higher taxes or both OR they just aren’t as great of a place to live as NoCo. We truly live in a wonderful place and the word is out.

The Federal Reserve has already raised interest rates from low 2’s to 3.5% and we expect that interest rates will rise again and possibly several times in 2022. This does affect buyers abilities to purchase quite a bit. For example, a .5 % increase in interest rates can add another $100 to your monthly payment.

New construction is still booming but with supply chain issues and costs soaring it can be frustrating for buyers. Buyers – hang in there, get a great Realtor (hopefully Brian and I to represent you) as well as a reputable local lender to assist you in your purchase. I have always been told: “The best time to buy real estate was 20 years ago,the next best time is now.” Experts are predicting a strong, robust real estate market for 2022.Let us know if you are interested in selling, buying, and or buying investment property in 2022.We look forward to helping you with all of your real estate needs!