Mortgage Applications for Both Refinances and Home Loans Surged

Global stock markets plummeted last week, but that didn’t slow down the U.S. mortgage market. Mortgage applications for both refinancings and home loans surged 9% week-over-week on a seasonally adjusted basis, according to the Mortgage Bankers Association’s survey for the week ending Jan. 15.  Refinance applications saw the bulk of the increases, rising 19% week-over-week.  Still, they are 40% below where they were a year ago, even though mortgage rates are lower. Read article – Realtor Magazine

   

2534 Development Puts Johnstown on the Map

The 2534 project, on the southeast corner of I-25 and U.S. Highway 34, is surging forward on the news that sporting goods retailer Scheels will serve as a massive anchor.  Beyond the retail aspect, the project also will include office/medical space, commercial, light industrial, and a 254-unit apartment complex.  The Scheels store alone will account for 250,000 square feet, the second-largest retail facility in the state. Read article – BizWest

4 Amenities Trending With Buyers

There are four amenities currently trending with buyers: – Energy efficiency.  Buyers are showing interest in homes that are more economical to maintain and also have a warmer, cozier vibe. – Modern, up-to-date kitchens.  Buyers want a kitchen that has already has been updated. – Smart home options.  More buyers are looking for homes that they’ll be able to smarten up now, or down the road. – Color pops.  Color has been shown to be a draw for younger buyers in particular. Read article – Realtor Magazine

$980K brownstones planned in Old Town

$980K brownstones planned in Old Town Fort Collins soon will see a new type of housing pop up in Old Town.  Developers Robin and Christian Bachelet are building six high-end brownstones called Brownes on Howes at 315 N. Howes St., between Cherry and Maple streets in the heart of downtown. The proximity to Old Town, outdoor space and high-end construction with two-car garages will come with a price tag of about $980,000 per unit. Read article – Coloradoan

7 ‘best of’ lists Fort Collins landed on in 2015

Events like the USA Pro Challenge cycling race have contributed to Fort Collins’ placement on a variety of ‘best of’ lists that boast the city’s positive attributes. Fort Collins landed on the ‘Best Place to Live List’ by Livability.com.  Additional rankings include: – Top 10 Healthiest Cities by Livability.com – Healthies Housing Market list by WalletHub – 50 Best College Towns to Live in Forever by College Ranker Read article – Times Call