Signs point to return of balanced local market

Among the many factors that can influence the direction of a local real estate market, lack of supply has been the most forceful in Northern Colorado over the past two years. The consequence in our area has been a “mosh pit” market, in which motivated buyers try to elbow each other aside by bidding up prices for the relatively few homes available.

Now as summer draws to a close, we’re beginning to see indications of calm returning to the market, as some communities in Northern Colorado are…