Thursday, October 25, 2007

Money Magazine Real Estate SnapShot

I hope this will help show what the Fort Collins Market is doing.

Taken from Money Magazine


Fort Collins
Fort Collins-LovelandPopulation: 251,494
CO

Market forecast (June 2006-2007)
4.0%
5-year historical change (2001–2005):
26.2%
5-year historical change, average annual:
4.8%
Change last year:
3.8%
FORECAST FROM FISERV CSW AND MOODY'S ECONOMY.COM

Median home value:
$223,190
Median family income:
$69,200
Median home value to median family income:
3.2
Worst historical decline:
-10.7%
Last peak at beginning of decline:
1983:Q1
Last trough of decline:
1983:Q2
More places in Colorado
Metro area
Market forecast (June 2006-June 2007)
Boulder
3.6%
Colorado Springs
4.6%
Denver-Aurora
1.1%
Fort Collins-Loveland
4.0%
Grand Junction
2.3%
Greeley
-1.1%
Pueblo
4.7%
Sources:Population: U.S. Census Bureau, 2000Median Family Income: U.S. Department of Housing and Development, 2005Median Home Prices: Fiserv Lending Solutions, National Association of Realtors, 2005Historical change: Fiserv Lending Solutions, OFHEO, 2001 – 2005Market forecasts: Fiserv Lending Solutions and Moody's Economy.com, June 2006 – June 2007

http://money.cnn.com/magazines/moneymag/moneymag_realestate/snapshots/56.html


Best Wishes,
Christine Warembourg
Re/max Action Brokers
www.ChristineSellsColorado.com

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