I was much like any almost 30-year old looking to buy their first house. I was single at the time and my lease with two other roommates was up at our old lake house in Loveland. One of us had already moved in with a girlfriend, and another of us was about to move to New York to be with his girlfriend. That left me wondering what to do next. So I decided to grow up and buy a house.

I searched everywhere in Fort Collins, Loveland, Windsor and Greeley. Even Johnstown, come to think of it. This was back in June 2007. The market was about to crash, but I didn't know it yet. I literally bought at that peak right before the bubble burst.

Ultimately I decided on a house in Greeley, in a newer-ish neighborhood, with some nice houses that seemed like a lot of house for the money at the time. Comparable houses in Fort Collins and Windsor were running a bit higher than I thought I could afford back then, and it was just me after all. The radio station was pretty central to all the cities for me in those days, so Greeley made sense.

Get our free mobile app

I bought my first house for $180,000. It was a pretty good buy. Of course, the market tanked the following year and I, much like most of America, was pretty underwater for a few years.

As you know the story ends, the market bounced back. And I held onto that house before deciding on an upgrade - and domestic life, now that I'm married with kids - in 2015.

My realtor put the house on the world wide web on a Wednesday, with an open house Friday at 5 PM. I packed up my dog Charlie and was literally backing out of the driveway at 4:45 as hoards of people were already coming up the driveway to look at the house. Hot market, eh?

By the end of the weekend, I had several offers on the house, all over asking price. I accepted an offer of $248,000.

I don't remember what I still owed on the house at the time, but quick math tells you I bought at $180,000 and sold for $248,000 with some modest upgrades over the 8 years I lived there, but nothing too major. Net profit: $68,000. Not bad, right?

Well, the guy I sold it to turned around and sold it again just two and a half years later. For $320,000. Zillow now values it at $467,000. Yes, I know Zillow isn't bang on accurate but it gives you an idea.

Had I waited till now to sell, with what I'd already have paid in principle over the last 15 years, I'd have cashed out probably around $350,000.

Don't get me wrong, I don't regret selling when I did. But goes to show you... good things come to those who do actually wait! But, uh, I wouldn't wait too long. Because this market can't last forever, right? Or can it?

LOOK: 11 Pics From The Least Expensive House In Larimer County

Travel Back in Time in This Rustic $1.4 Million Colorado Ranch

This quaint estate is located in the small town of Cowdrey, Colorado. The property's rustic atmosphere and abundant wildlife make it feel like it's from a past time. Read on to look inside this $1.4 million Colorado ranch.