One piece of the inventory puzzle may be taking shape

Last month in this space we identified three potential answers to the burning question of how much-needed housing inventory will be generated for Northern Colorado in the year ahead. Those possibilities included (1) the growth of new construction in the region’s smaller communities, (2) existing owners who might opt to sell in order to move up — or downsize, and (3) residential property investors looking to take advantage of the high demand and reallocate part of their portfolios.

We’re beginning to see signs of at least one…