The ACE Technology Park in Loveland will be renovated and the NASA project has been named at the Agilent Business Park in Loveland, and has the potential to bring about 100 companies and 7,000-10,000 Loveland area jobs. While this is great news for the Northern Colorado economy, it is also great news for people wanting to purchase Loveland homes! With vacancy in both Fort Collins and Loveland at all time lows, there will be even MORE people moving and buying Fort Collins Homes and Loveland Homes that will want to rent for a while prior to purchasing in Loveland and Fort Collins, or rent indefinitely if they are contract employees or just do not know what their career path will bring. Homes around the Colorado State University campus for real estate investment has had increasing rents and quick sales, but the same possibilties exist around the new technology campus for Loveland.
Rent Loveland Homes vs. Buying Loveland Homes
Renters will want to be close enough to work to not have a long commute, but also be close enough to the foothills to enjoy all of the outdoor activities that Colorado has to offer. As well as potential people buying Loveland Homes will want to be close to the ACE project/ NASA project and find good homes nearby. Interest rates are still at all time lows hovering around 4.5% and you can still get good deal on Loveland Homes in the area. Rents are at all time highs with average rentals going anywhere for a nice 3 bedroom 2 bath home in Loveland for approximately $1200/month. You are just throwing money away when your mortgage would be about the same if not less and you get the tax write offs for the interest you pay on your mortgage, plus it is all yours. You can do whatever you want to it and live the Amercian dream. With as little as 3.5% down and good credit you too can purchase Loveland Homes.