August 24, 2016

Lack of housing supply keeps squeezing local market

How is the Northern Colorado real-estate market like a grocery store on a weekend night? If you’ve made that run to the grocer on Sunday night to pick up a few staples to start off the week, you likely know the feeling of staring at shelves that are short on inventory. The store is waiting for the next delivery truck in order to restock.

Local real estate shoppers could use a delivery truck full of properties, because the shelves in the real-estate aisle are about two-thirds empty compared with six years ago at this time. As of August 2010,…

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