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 such as Severance are 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 $700,000.
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 in Northern Colorado
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