Trulia Voices—Fort Collins

Top Voices      Member Search BETA      Create a profile

Ask a question

Browse

Search

e.g.: "San Francisco, CA"
e.g.: "Parks" or "Schools"

Email me when:

RSS
 
Share this: 
  • del.icio.us
  • Digg
  • Reddit
  • StumbleUpon
  • NewsVine
 

What kind of appreciation are we expecting?

What sort of average appreciation is expected in Fort Collins over the next five years. And more specifically in the 80521 part of town.
Tue Oct 2 2007, 23:33 - Fort Collins - Market Conditions - 5 answers
 
Useful
(0)
 
 
Not useful
(0)
 
  report get email alerts email a friend
 
Jesse
Home Seller
in Fort Collins
Jesse, Home Seller in Fort Collins in Fort Collins
Answers (5)
Show me:  Recent Answers     Oldest Answers     Highest Rated  
 
Brooke Rhodes was FIRST TO ANSWER Shawna Lowell received BEST ANSWER
No one can answer that question with out stating that they may be wrong.

There is no way to accurately project that, it's like asking what are intrest rates going to do in five years, or Where is are economy going to be in five years.

Trust those who disclose that the unknown is the unknown. Ignore the yesmen and women who just tell you what they think you want to hear.

That said, I believe the economic indicators and commercial development in our area will help our housing market but there are thousands of foreclosures yet to be sold, and that may hold us back in the coming years.

Thu Feb 21 2008, 14:53
Web Reference: http://www.CyrusGreen.com
 
Useful
(0)
 
 
Not useful
(0)
 
 
report
 
Jesse,

I wouldn't expect to see anything in high returns come for some time. Prices are still adjusting from the inflated prices many states saw years ago.

When the mortgage fiasco calms down, I presume that areas throughout the US will go back to their "normal" real estate market. By normal, I don't mean high appreciating, but their historical trending. If you'd like more information on the historical trending of cities throughout the US, go to http://www.ofheo.gov and look for the first quarter reports of housing appreciation. There are records for each quarter over quarter for like 30 years.

Hopefully you don't have to refi or that you aren't buying an investment property!

If you have any questions, don't hesitate to ask!

Denton Ward
Nationwide Real Estate Investments
http://www.nwrei.net

Thu Feb 14 2008, 15:27
Web Reference: http://www.nwrei.net
 
Useful
(1)
 
 
Not useful
(0)
 
 
report
 
I think it could be low for the next few years. last year it was about 1% for single family homes. Check out the stats from last year.

Thu Feb 14 2008, 13:37
Web Reference: http://activerain.com/blogsview/342791/Northern-Colorad...
 
Useful
(1)
 
 
Not useful
(0)
 
 
report
 
BEST ANSWER
Hello Jesse, We are optimistic about Fort Collins real estate market. There are several large projects currently being developed or in the planning stage. We read the Northern Colorado Business Report and feel this area has lots of potential for growth. Please see the link below, this article was written last year. We like the saying, "Don't wait to buyer real estate, buy real estate and wait".
Thank you for the question.
Shawna Lowell
Dynamic Real Estate
Office: 970-226-4433

Wed Oct 3 2007, 08:34
Web Reference: http://money.cnn.com/popups/2006/biz2/newrules_bestinve...
 
Useful
(1)
 
 
Not useful
(1)
 
 
report
 
FIRST ANSWER
Jesse - You should contact a local Realtor in your area and get them to do a range of comps using similar property data (same as your home/property) go back 3mths, 6mths, 1yr and 2yrs and see what the market treand is looking like. Are you up,down,bottom or peaking in your local market?
THIS IS VERY IMPORTANT to now as it will govern your sale and amount you can profit from more than appreciation value.
If you are just looking for appreciation stats then ask the Realtor this question too - they will be able to give you the general percentage of appreciation ranges. In my area of Harrisburg PA the appreciation is about 3-7% but we are in a down cycle and in the recent 5 years appreciation has gone from 2-5% up to 10-15% in some 'pocket' areas...Hope this helps...

Wed Oct 3 2007, 03:47
Web Reference: http://www.PaHotListings.com
 
Useful
(0)
 
 
Not useful
(0)
 
 
report
 
[+] Save this question Send this question to a friend
Permalink: http://www.trulia.com/voices/Market_Conditions/What_kind_of_appreciation_are_we_expecting_-10311--recent

Check out more Market Conditions questions in Fort Collins...

Shawna Lowell, Real Estate Pro in Fort Collins
Is fort collins/larimer county considered a soft market?
Answered Wed Feb 27 2008, 21:19 by Shawna Lowell in 80526
Read all 6 answers
Phil & Laura…, Home Seller in Fort Collins
Question concerning buying a future retirement home in Fort Collins
Answered Wed Feb 20 2008, 10:02 by Phil & Laura King in Fort Collins
Read all 7 answers
Cyrus Green …, Real Estate Pro in Fort Collins
What is the market in Fort Collins, Co for corporate short term rentals ( i.e. fully furnished homes) ?
Answered Sun Dec 9 2007, 23:46 by Cyrus Green e-PRO,… in 80528
Read the answer
John Friedman, Home Seller in Fort Collins and Den...
I'm moving to Fort Collins, CO in January. I plan to be there 4 years before my job takes me elsewhere. I'm
Answered Sun Nov 4 2007, 17:34 by John Friedman in Fort Collins
Read all 13 answers
View more Market Conditions questions and answers in Fort Collins >>