Below is the real-time current monthly supply of inventory for single-family homes by city in Northern Colorado. The traditional measure of balanced market is 6 months of housing supply.
Today I’m going to break into a brief comparison of the past 6 months of Old Town Fort Collins homes that have sold versus the same 6 months in 2011. I’ve been working with a handful of buyers seeking to find a home in Old Town and it’s been a bit of a frustrating experience,[…]
So far in February… single family detached for most of our area (ft collins, windsor, loveland etc.) 317 New Listings 91 BOM (back on market which is expired then renewed etc.) for a total of 408 242 (backup) 6 (first right) 54 (pending) or 302 under contract 107 sold 73 withdrawn 45 expired so 527[…]
Inventory is very low, and demand has stayed the same. There are lots of buyers in the market that are having trouble finding homes to purchase and multiple offer situations are not uncommon right now if your home is well priced and well marketed. We’ve been seeing this trend develop all fall and if our[…]
November 2001 Fort Collins Real Estate Market Report Here in Fort Collins we continue to see a decline in the housing inventory available to home buyers. Especially in relation to available condos. In November 2011 compared to last year, the number of available single-family homes was down by 18% and the number of condos was[…]
Last month I wrote about how we are seeing a decrease in available inventory and an increase in the median price per sale in both the Fort Collins and Loveland housing markets. Today I pulled October 2011 sales statistics for the Fort Collins area from the Colorado Association of Realtors and found that as I[…]
This is a copy of a recent article I wrote for www.examiner.com. September Northern Colorado Real Estate Market Report Too often people assume that the real estate market is the same across the country. Real estate markets are more like the weather. Not every market is the same. Even in Northern Colorado there are differences[…]
Although recent articles about the U.S. housing market these days paint a mediocre picture of housing prices and inventory, Fort Collins continues to see a decline in its housing inventory and a rise in the median sales price. We tend to pay attention to the amount of inventory available on the market because a decline[…]
80% of potential home buyers start their search on the internet. And they aren’t all in one place either. They’re logging into a host of different websites, all potentially looking for your home.
Here’s the end of the month sales data from May, 2010 with a few interesting breakdowns for you. FHA financing was obtained on 37% of all sales this month compared to 24% for May in 2009. FHA financing is now one of the primary methods of obtaining a mortgage with less than 10% down. There’s[…]
The housing market in Fort Collins showed some significant signs of increased activity spurred on my the ending of the $8,000 tax credit. The number of units sold in Fort Collins for April 2010 increased 25% from April 2009.