$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
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
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
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)
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
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
There is perhaps no more frenetic place in all of Fort Collins than the mile-long stretch of North College Avenue from the Poudre River bridge to Willox Lane. Hundreds of homes are under construction, new businesses are moving in, investors are buying land and North College Avenue/U.S. Highway 287 is within months of finally being rebuilt.
Read article – Coloradoan