Blog | My Blog - Mike Malec

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Early look at 2022 market numbers

Well, we’ve almost made it through 2022. I’m writing this article the last week of the year and while we don’t have final numbers yet, I don’t foresee these numbers changing dramatically in the final 4 days of the year. Our market made a dramatic shift late spring this year. Up until that time, multiple […]
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Q3 2022 FHFA HPI Updates

FHFA released their numbers for their House Price Index for the Third Quarter of 2022 and there were many interesting nuggets. U.S. house prices rose 12.4 percent from the third quarter of 2021 to the third quarter of 2022 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up […]
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Marshall Fire Lot update and dramatic drop in Percent Under Contract

As we get closer to the one-year anniversary of the Marshall Fire, I wanted to give everyone a look at the progress of the sales of lots where homes were lost. These figures were pulled on Oct. 27th. Anecdotally, it seems like closed prices for lots are dropping. I don’t have hard numbers on that, […]
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Interesting changes in the Percent of Single Family Homes

I’m seeing an interesting pattern develop in the Percent of Single Family Homes Under Contract across all of Boulder County. In a typical year, we hit the low point in the seasonal cycle sometime in late summer or early fall and then start moving upwards towards the high point of our seasonal cycle which usually […]