Real Estate Information

Northern Colorado Real Estate Blog

Sharianne Daily

Blog

Displaying blog entries 1-10 of 26

Cost of a Home, Not Just the Price

by Sharianne Daily

The buyer should always look at the COST of a home, not just the PRICE. The cost is determined by the price and the mortgage interest rate which is available at the time. Below is a list of the interest rates over the last ten years and the impact they have on a $100,000 mortgage payment.

Fort Collins/Loveland 6.7% Unemployment

by Sharianne Daily

July 2012 Unemployment Figures

Loveland/Fort Collins - 6.7%

Colorado - 8.3%

United States - 8.3%

It's BAAAACK!

by Sharianne Daily

Our real estate market appears to be back in a strong way on those listings under $250,000.  Lots of multiple offers, anxious first time homeowners and the investors.  

25-44 year olds migrating to Colorado

by Sharianne Daily

Colorado ranked fifth among states for domestic net migration, in total numbers, after Texas, Florida, North Carolina and Washington. That's an improvement from the state's 10th-place ranking from 2001 to 2009. Among 25- to 44-year-olds, the age group launching careers and forming families, Colorado was the most popular state for those relocating, said state demographer Elizabeth Garner.

Fort Collins-Loveland JOB GROWTH!

by Sharianne Daily

Fort Collins-Loveland area shines bright in state, nation for job growth - In its slow but steady recovery from the recession, Colorado's job growth is middle of the pack.  But the good news is that job growth within the Fort Collins-Loveland area represents a bright spot.  Even going beyond regions in Colorado and looking nationwide, Pueblo and the Fort Collins-Loveland area are reporting some of the strongest hiring conditions, economist Mark Snead said.  "They're approaching peak levels of hiring prior to the recession," those seen in early 2008, he said. 

Economic Indicator Index shows Positive Growth for Colorado

by Sharianne Daily

For the 23rd consecutive month, the overall economic indicator index for the Mountain States region of Colorado, Wyoming and Utah has shown positive growth, according to the Goss Institute.

The overall Business Conditions Index is an average of indices for new business orders, production or sales, employment, inventories and delivery lead time with positive growth considered to be an index above 50.0, which is considered growth-neutral.

For the three-state region, the BCI advanced to 57.8 in September from 56.8 in August.

"National data indicate that the U.S. economy is teetering on an economic recession," said Ernie Goss, director of the Goss Institute for Economic Research. "On the other hand, the Mountain States region continues to expand with little evidence of an impending recession. Businesses with close ties to agriculture and energy continue to expand and add jobs at a healthy pace."

In Colorado, the Business Conditions Index dipped slightly in September from 51.9 from 53.8 in August. "Manufacturing employment has expanded at a solid pace over the past year," Goss said. "Likewise, firms have increased the hours worked for current employees. Our surveys point to continued economic expansion in the state for the rest of 2011."

Median Price Fort Collins $240,050

by Sharianne Daily

In Fort Collins, year-over-year listings of single-family detached properties from June 2010 to June 2011 have decreased 8.9 percent from 1,595 to 1,425; in the Loveland/Berthoud area, listings have decreased 11.6 percent from 1,101 to 973; and the Greeley/ Evans area experienced a 20.4 percent decrease from 710 listings to 565.

In Greeley/Evans, the median sales price for a residential detached home increased from $137,000 in June 2010 to $139,000 in June 2011. However, median sales prices decreased 0.3 percent from $241,000 to $240,050 in Fort Collins and 6 percent from $234,000 to $220,000 in Loveland/Berthoud.

GREEN Products Buyers Really Want

by Sharianne Daily

Which eco-friendly amenities are grabbing buyers' attention?

  • High-efficiency insulation
  • High-efficiency windows
  • Double and triple glazed windows
  • Tankless water heaters
  • Water-conserving devices
  • Products aimed at improving indoor air quality
  • Renewable flooring products, such as bamboo and cork

 

Buyers wanting a "steal"

by Sharianne Daily

Buyers nowadays want to feel they are getting a “steal,” real estate experts say. But some sellers may be tempted to list a property above fair market value just to test out the market and see if they can get a taker. In the past year, about 25 percent of sellers who initially listed their homes too high ended up having to reduce the price, according to Trulia.com. 

Jan 2011 Mortgage Rates 4.76% vs 5.03% in 2010

by Sharianne Daily

CHART: Rates Since 1971

Mortgage Rates still at Historic LOWS!  Thank you to Susie Kiesling with Premier Mortgage for this informative chart.

Displaying blog entries 1-10 of 26

Syndication

Categories

Archives