Ideal investment property! 2428 Crabtree Drive in Fort Collins is currently leased through May of 2020. Easy access to CSU, Old Town, and Horsetooth Reservoir. The owner has never had any issues with vacancy but would be great as an owner-occupied home with the layout and back yard as well. The home has wood floors and is in great shape. Come check it out today! Call for your private showing at (970) 673-7285 for more information or click the link below for more details.
A lot of real estate changes hands in Northern Colorado over the course of a year.
In 2019, Larimer and Weld Counties had…
- 12,830 residential sales which is 1.2% more than 2018
- $5,224,834,424 of sales volume which is 4.45% more than 2018
For a detailed look at all the 2019 numbers plus our forecast for 2020, click the link below…
It’s time to register for our annual Market Forecast event. We will be live at 5:30 on January 16th at the Marriott in Fort Collins. Back by popular demand is our Chief Economist Matthew Gardner. Save your seat HERE.
Welcome to this beautiful home at 927 Campfire Drive in Fort Collins under $370,000! It features an open floor plan, updates to flooring, and great back patio are perfect for your hot tub or patio furniture. Upstairs you can enjoy a large extra loft room perfect for entertaining, craft room, or flex space. Easy access to I-25, yet only minutes to Old Town Fort Collins, come check this home out today! Call for your private showing at (970) 637-7285 for more information or click the link below for more details.
Opportunities like this in Fort Collins are rare! 4 units each with attached two car garages, fireplaces, decks, and extensive upgrades. Just some of the updates include a new roof, updated kitchens and bathrooms, new decks, new blinds, new furnaces and water heaters in all units, new sliding doors, and Unit B has a recently finished basement. Close proximity to I-25, CSU, and Old Town make this property INCREDIBLY attractive to renters, quality investment property. Call for your private showing at (970) 673-7285 for more information or click the link below for more details.
Do you want an investment property with an amazing central Fort Collins location, new exterior paint, and fresh landscaping? Well you’ve found it! This property at 400 West Swollow Road in Fort Collins is pre-leased for $1900 per month until July of 2020. Has great potential past that for an owner occupant or continue to take advantage of the location close to the Max and the new Foothills mall to get premium rents! Call for your private showing at (970) 673-7285 for more information or click the link below for more details.
WELCOME TO “THE SCOOP”
Everything You Need to Know About the Northern Colorado Real Estate Market – Produced Quarterly by Windermere Real Estate in Northern Colorado
The 10-Year Rhythm
As we study 40 years of price appreciation data for Larimer County, an interesting pattern emerges. We call this pattern the 10-Year Rhythm. It shows that price appreciation in ten-year segments tends to closely mirror the 40-year average of 5.42%. This demonstrates that our market grows in a steady, predictable way instead of taking wild swings like other markets.
Long Term Home Prices
A trusted resource is the Federal Housing Finance Authority (FHFA) which tracks nearly 300 markets across the country and produces a quarterly price appreciation index.
According to the Federal Housing Finance Authority, these are the top 5 states for home price appreciation over the last 5 years:
A Mile High
Did you know our state grows by a Mile-High Stadium’s-worth of people each year? That’s right, we’ve been growing by about 75,000 people each year, and we will keep growing. The State Demography office estimates we will have 7.5 million people living here by 2040.
Each quarter. our Chief Economist Matthew Gardner produces his economic report for Metro Denver and Northern Colorado. Inside you will find his market speedometer. This speedometer reflects the state of the region’s real estate market using housing inventory, price gains, home sales, interest rates, and larger economic factors.
According to Gardner, “I have moved the needle very slightly towards buyers as a few Front Range counties saw home inventories rise. However, while I expect to see listings increase in the coming months, for now, the housing market continues to heavily favor sellers.”
What’s Up With Down Rates
It was only a few months ago when experts predicted that 30-year mortgage rates would hit five percent by the end of 2019. For many, it was a foregone conclusion. At the end of 2018, they were already in the high fours. It appeared as if the low interest rate party was over. Then along came mid-2019 and rates kept going lower and lower. Now they are in the high threes and back to where they were in the fall of 2016. What gives? It turns out that trade tensions between the
U.S. and China have caused concerns about a global economic slowdown which, in turn, have pushed rates lower. Lower rates are of course great news for buyers and people thinking about refinancing.
A Unique Solution
If you have driven on I-25 lately you may have noticed that the Front Range is a popular place.
The projections show that it will only get more popular in the future.
Today, 4.8 million people live along the Front Range from Fort Collins down to Pueblo.
In 2030, just 11 short years from now, 5.7 million people will live here. Yes, that’s almost 1 million more than today.
This is all according to the Colorado State Demographers Office.
While this seems like a big increase, keep in mind that this assumes that population growth occurs at a fairly modest 1.7% per year.
It seems that our state will continue to grow and there will continue to be a demand for housing.
2 bedroom 2 bath town home at 3024 Ross Dr #B15 in Fort Collins that backs to a greenbelt. Easy access to Horsetooth Reservoir, trails, and just minutes to CSU. Extensive updates include new doors, carpet, furnace, ac, refrigerator, and washer/dryer. French doors added to the fenced backyard area. Currently leased through summer of 2020. Call for your private showing at (970) 673-7285 for more information or click the link below for more details.
Over/under duplex at 1730 Whedbee Street in Fort Collins just minutes to Old Town, I-25, and Spring Creek Park! Off street parking, good sized backyard, and amazing location have kept this property rented for the owners. This property has a Certificate of Occupancy from the city as an approved duplex! Call for your private showing at (970) 673-7285 for more information or click the link below for more details.
Want to live minutes to Old Town but in the country with beautiful views all around you? Come see this ranch home at 2816 Terry Lake Road in Fort Collins with a walkout basement on a half-acre! The owners recently added a detached garage with living space above making this unique property even more attractive. The beautiful landscaping is for those who enjoy indoor/outdoor living which is accented by the garage door wall walking out to your patio and backyard with a pizza oven and fire pit. Remodeled kitchen, wood floors, and a great layout! Call for your private showing at (970) 673-7285 for more information or click the link below for more details.