$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


Interest Rates Likely to Stay Low Longer

The Federal Reserve once again decided not to raise the federal funds rate this month, saying the economy is still falling short of benchmarks.  That likely means home buyers will be able to take advantage of lower mortgage rates for awhile longer too.  The FOMC will not decide on a rate hike again until its next meeting in December. Read article – Realtor Magazine

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

Americans Think Homeownership Is a Sound Investment

A vast majority of Americans believe that buying a home is a solid financial decision, and most believe they could sell their home for at least its initial purchase price, according to a new survey from the National Association of REALTORS®. The 2015 National Housing Pulse Survey also found that a preponderance of Americans think that now is a good time to buy a home. The survey, which measures consumers…’ Click Here to Continue Reading (RISMedia)

Greeley, Estes Park median home prices hit 2015 highs, while Boulder also climbs

The median sales price for homes in Estes Park and the Greeley/Evans markets hit yearly highs in September. In Estes Park, the median sales price reached its yearly high during September at $387,500 on 30 sales. In the Greeley/Evans market, the median sales price hit its yearly high at $230,000 on 203 sales. Boulder still has the most expensive homes in the region with a median sales price of $762,500 on 44 sales in September.
Read article – Biz West

Builders buy more Colliers Hill lots in Erie

Two builders have purchased more lots from the developer of Colliers Hill in Erie to construct homes for the first phase of the master-planned 963-acre, 2,800-home community.  Boulder-based developer Community Development Group, earlier this month sold 149 lots to Shea Homes for $6.4 million, and Richmond American Homes paid $4.5 million for an undisclosed number of lots.
Read article – BizWest