RE Summit: Shortage of single-family homes shows no signs of abating

The single-family home market in Northern Colorado has taken off since a brief blip at the start of the COVID-19 pandemic, and amid rising construction costs, historically low interest rates and high demand, the market shows no signs of slowing down. The housing shortage in Northern Colorado could continue into the foreseeable future.

That was the message Thursday morning during a panel discussion at BizWest’s Northern Colorado Real Estate Summit, moderated by RE/MAX Alliance Broker Associate Dominic East.

“From the minute the no-showings restriction was lifted, it’s been an all-out sprint to the closing table,” East said. “When seeing today’s numbers for…