We find ourselves in the middle of one of the greatest wealth transfer periods of all time. Those with wealth must decide whether they want to make transfers, and if they do, they must decide how much, to whom, when and in what structure?
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In 2013, 6,744 detached homes were sold in the three largest metropolitan areas in Northern Colorado, an increase of 18 percent from the 5,712 sold in 2012, according to data from Information and Real Estate Services.
These statistics do not include attached residences, such as condominiums.
2013 was a strong year for residential real estate, with time on market decreasing steadily and median home prices increasing in every metro area in every month, except in Loveland-Berthoud, which saw a decrease in January.
The Greeley-Evans area saw the biggest increase, with home prices rising by 12.6 percent from $151,000 to $170,000 from 2012 to 2013.