Real Estate in Northern Colorado

Real Estate

Real Estate in Northern Colorado

Real Estate in Northern Colorado

It is no secret Northern Colorado is a popular place to live and buy real estate. And within Colorado, the Northern corridor of Colorado which includes Fort Collins, Loveland, Windsor, Timnath, Greeley, Johnstown, Wellington. Berthoud and smaller towns in between in the fastest growing section. This section of real estate is set to increase another 8-10% and shows no signs of slowing. If you owned your home since 2011 and still own that home, you more than likely have earned $100,000 or more. The average home price in Fort Collins is set to be just shy of $400,000.

Realtor.com ranked Fort Collins/Loveland #1 for real estate stability and growth

Smartassets.com rated Fort Collins #6 for best real estate markets for growth and stability

As homes here increase in value we are seeing more and more young people move here. They are getting goods jobs and buying homes. The average age of homes buyer’s buying homes in Northern Colorado is 35.

Key Industry Growth Factors That Affect Real Estate

Construction 1.5 percent growth; 2,500 jobs

Education and health services 2.5 percent growth; 8,400 jobs

Financial activities 1.2 percent growth; 2,000 jobs

Government 1.1 percent growth; 4,600 jobs

Information 0.4 percent growth; 300 jobs

Leisure and hospitality 1.9 percent growth; 6,200 jobs

Manufacturing 1.1 percent growth; 1,600 jobs

Natural resources and mining 4.4 percent growth; 1,100 jobs

Professional and business services 2.4 percent growth; 10,000 jobs

Trade, transportation and utilities 1.9 percent growth; 8,700 jobs

Other services 1.6 percent growth; 1,700 jobs

Total 1.8 percent growth; 47,100 jobs

The Future is Bright For Real Estate

Northern Colorado can expect to see continued job growth, population growth and home appreciation. Home builders are picking up the pace and building more homes. Job growth means an increase in housing demand which in turn means an increase in prices. More businesses, more neighbors, more growth, more fun!

It will be another positive year in Northern Colorado

Contact me today to talk about the market

 

 

Allison Klein - Specializing in Homes For Sale in Fort Collins