There is a lot going on in the Northern Colorado real estate market. A good part of it boils down to supply and demand. For several months, with the pandemic apparently lessening, it seemed like a hot market, as buyers competed for the few homes that were available. But as inventory rose somewhat, the market has slowed. It seems that the actual buyer pool, as well as inventory, was lower than normal, and perhaps some of the buyers that were in the market originally had their interest cooled by strong competition and rapidly rising prices. And with the pandemic threat still present, general uncertainty about where things might go, and when something like normality might return, psychological factors are most likely to determine how the coming months play out. This is where our reliance on analytical tools just doesn't help much - we're in uncharted waters and while we can tell you what happened, and somehat why, we're all reduced to waiting to see what comes next.