What with this I am hoping to accomplish with this weekly
blog, is to get some retrospect to some of the issues that come with Real
Estate transactions in northern Colorado.
Sunday Sept 4 2011,
With the current housing market, I believe that it is one of
the best times to be purchasing Real Estate and I do so because of the
Interest rates are still at a low between 4.5
and 5%; this can make a mortgage payment within the comfort zone of most buyers.
Housing prices have stabilized in Northern Colo;
unlike many other areas of the country, Northern Colorado did not experience a
dramatic price drop in housing prices.
With few buyers and a large supply of homes on
the market, this makes it a buyer’s market
Northern Colorado has many things going for
Quality of life,
Low crime rate,
That small town feeling with many events and destinations
within a 20 to 30 minute drive.
A vacancy rate of 1 to 3 percent for rental
Even with the above reasons, one has to evaluate if Real Estate
ownership is right for them. And that is something that has to be answered on a
As a former First Lady put it:
"The future belongs to those
who believe in the beauty of their dreams."
Eleanor Roosevelt, First Lady
Colo Real Estate Solutions