May
04
2022
Fort Collins REALTORS® Face ‘Logjam’ of Prospective Homeowners
CAR’s March Market Trends showed that Fort Collins has a huge number of possible homeowners who are offering tens of thousands of dollars over the asking price. CAR spokesperson Chris Hardy says that the multiple offers and large amounts of money that are coming from competing buyers are “just to have a shot at catching the seller’s eye and having their offer selected from a dozen offers presented,” For homes that are under $700,000 in price, he said “every home that comes on the market has between 30 and 70 showings in a span of just four or five days. That means there are likely at least 30 buyers for each house on the market.”