Tight housing inventories to continue

Welcome to 2014.

It wasn’t that long ago that the Boulder Valley housing market felt the sting of the national housing bust. While some submarkets such as Boulder weathered the storm fairly well, maintaining price stability or even appreciation, other communities such as Longmont experienced high foreclosures, rising inventories and downward price pressures.

Today, the Boulder Valley is experiencing significant upward pressure on prices, as inventories decline and home builders struggle to keep pace with demand. The result? Prices are climbing, and residential agents might find themselves competing for increasingly precious listings.

At the Boulder Valley Real Estate Conference & Forecast, conducted recently…