Cowles Real Estate

A few highlights (or lowlights depending on your perspective) from this insightful article: 1) Larimer and Weld County are expected to grow by a whopping 45% by 2030, 2) The Feds are requiring the Colorado River basin states to conserve an additional 2-4 million acre-feet of water, 3) Property values in Fort Collins are up 15% year-over-year, 4) the buying frenzy has slowed due to rising interest rates/buyer exhaustion.

These housing markets are hotter than ever. But water is running out “We are running out of water,” Sarah Goodyear, a Coldwell Banker agent in Fort Collins, said. “We need to figure out where the water is going to come from to support this new development.”

More of the same expected in 2022 for Northern Colorado's real estate market. Noteworthy: Larimer and Weld Counties are both experiencing a decrease in inventory (new listings/pending sales down over 30% in Larimer). Median sale prices are up 15% in Foco (and even more in Greeley and Loveland).

Real Estate Summit: Low inventories, price appreciation to continue LOVELAND — Northern Colorado’s residential real estate market continues to suffer from record-low inventories, helping to drive up prices at dramatic rates. That trend is expected to continue throu…

Big thanks to Neighbor to Neighbor for how they're helping our community in these tough times. N2N serves over 5,000 individuals annually in Larimer County, helping keep people in their homes.

https://www.reporterherald.com/2020/09/17/agency-provides-1-million-in-rent-assistance-to-northern-colorado-families-during-the-pandemic/

The 2020 July home sale figures are out and Fort Collins saw a 16% increase from 2019, and values up nearly 7%.

The popularity of Northern Colorado may actually be increasing. The covid-influenced national trend is away from big cities to areas like ... ours.

Wells: Get ready for ‘urban exodus’ to impact NoCo real estate – BizWest We’ve seen that the COVID-19 pandemic has changed how we live. Apparently, it’s also changing where we live — a demographic wave that’s bound to make an impact on the Northern Colorado housing market. Evidence is mounting to show that many Americans who live in cities — especially those fo...

As 2019 ended, the greater Fort Collins / Northern CO area saw modest but solid annual gains, with median home values up 3.4%. While inventory remains (relatively) low throughout the front range, so do interest rates (avg. 30 year fixed mortgage is hovering just under 4%). Moving into 2020 we see a market that can potentially, with wisdom and due diligence, allow both buyers and sellers to achieve their real estate goals.