Economy & Economic Development  February 1, 2023

Housing economist: Market will stabilize as the year goes on

Matthew Gardner, economist with Windermere Real Estate Services. Ken Amundson/BizWest.
By

FORT COLLINS — Homesellers will see increasing prices in 2023, but they may have to wait until later in the year and they may have to be patient as prices return slowly toward their peaks of mid-2022.

So said Windermere Real Estate Services Co. chief economist Matthew Gardner at the annual real estate and economic forecast event that the Northern Colorado branch of the company, based in Fort Collins, hosted Wednesday night. Gardner is based in Seattle; Windermere operates in 10 western states.

The reasons for today’s conditions:

  • The Federal Reserve started too late, Gardner said, to tame inflation.…

Ken Amundson retired from his position as managing editor of BizWest in May 2024 but has come back on a limited basis to report business news in Northern Colorado and the Boulder Valley. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes north of Denver. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
Categories: Today's News Economy & Economic Development Real Estate & Construction Sunday Weekly Windermere Real Estate Services Co.s

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