For anyone waiting for home prices to drop before making a buying decision, there is good news. The recent plummet in mortgage rates means that home prices, effectively, just took a big dip. Rates have gone down by 1% in the last 45 days which means that a prospective home buyer’s payment is 10% less […]
The post Price Plummet appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
A significant dynamic in the Front Range market is the relatively low inventory. This is the main reason why prices are stable despite higher rates. Here is some perspective on the inventory of homes for sale to help give some context. Today’s inventory is: Half of the long-term average going back 30 years ¼ of […]
The post Inventory in Perspective appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
The most surprising piece of news for our friends and clients is that prices are essentially flat compared to last year. People find that surprising given what interest rates have done over the last 18 months. They wonder, how could prices not fall significantly after interest rates jumped considerably? The answer is the fundamental economic […]
The post Most Surprising News appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Welcome to 344 Tigercat Way, a stunning, immaculately cared for 3-bed, 3-bath townhome with a main floor study. The front of this home faces open space and the future 20-acre city park. Enter this home into soaring vaulted beauty with windows flooding the living space with natural light. The large living room flows into the […]
The post New Listings November 2023 appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
In addition to tracking the average price for sold properties, it is also interesting to track the average price for active properties. Asking prices are up across all markets when compared to the same time last year. Here are the average list prices for residential properties along the Front Range: Larimer County = $893,000 (8% […]
The post Highly Active appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
The recent drop in mortgage rates triggered a measurable uptick in sales activity. So far through the first 10 days of November, pending activity in Northern Colorado is up versus the same 10 days last year. This is despite interest rates being higher than they were last year. Mortgage rates just had their biggest one-week […]
The post A Rate-Induced Pop appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Despite decreased buyer activity driven by normal seasonal patterns plus higher interest rates, the key stat of Months of Inventory continues to stay relatively low. Months of Inventory (MOI) is the simple measurement of how long it would take to sell the current inventory of homes for sale at the current pace of sales. Along […]
The post MOI is Still LOW appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Welcome to your new home in Alford Meadows! Nestled on a peaceful cul-de-sac, 4955 Hornbeam Ct offers the perfect blend of comfort, style, and convenience. With its inviting features and desirable location, this property is a must-see for anyone seeking their next home. This home boasts a generous floor plan with ample space for family […]
The post New Listings October 2023 appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Despite a significant increase in the supply of apartments, rental rates are holding steady. New research from Realtor.com shows that lease rates in the largest U.S. cities are down just 0.7% even though completions of apartment buildings are up 15% since 2022. Denver’s average apartment lease rate decreased only 1.0% year over year and now […]
The post Holding Steady appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Despite a significant increase in the supply of apartments, rental rates are holding steady. New research from Realtor.com shows that lease rates in the largest U.S. cities are down just 0.7% even though completions of apartment buildings are up 15% since 2022. Denver’s average apartment lease rate decreased only 1.0% year over year and now […]
The post Holding Steady appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Keep Updated!