Real-time Monthly Housing Supply by City
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.
market data
Is it better to buy or rent a home in Fort Collins?
Recent articles in CNN, Zillow, and other national news sources have been reporting on the all-time affordability of housing right now as well as the fact that in most metropolitan areas it is better to buy vs. rent right now. Since Fort Collins thankfully is not a major metropolitan area I am going to run[…]
Fewer Listings and More Sales – Fort Collins Market Report February 2012
The numbers for February 2012 versus February 2011, although not spectacular, do suggest continued improvement in the Fort Collins real estate market. Keeping in mind that Fort Collins was the best real estate market in Colorado for 2011, we continue to see a fairly stable market. Contributing factors consist of a healthy rental market, high[…]
Some unofficial stats for February so far
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 for a total of 408 242 (backup) 6 (first right) 54 (pending) or 302 under contract 107 sold 73 withdrawn 45 expired so 527[…]
October 2011 Number of Sales Increase as Inventory Decreases
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[…]
September 2011 Low Inventory & Stabilizing Median Prices
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[…]
How to Appeal Your (Fort Collins) Larimer County Property Taxes
Larimer County Property Valuations were mailed out May 1st. I’ve received a few questions from concerned individuals either because their property valuation was too high or too low so I thought this would be a fitting place to provide some helpful information. A quick note, you can’t actually appeal your property taxes per say. You[…]
May 2010 Market Report
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[…]
1st Quarter market picking up
This is straight from the Northern Colorado MLS this morning: Overall sales volume for the 1st Quarter is up 12.86% when compared to the same period last year, with 322 more sales than 2009. Dollar volume is up 13.93%, an increase of $87.8 Million in sales. Residential sales are up 15.24% in dollar volume, an[…]