growth chart in 2020 with houses
Are We Seeing The Perfect Conditions for More Appreciation?
Fun facts pulled from the most recent Fort Collins Board of Realtors housing data:

  • Active Listings in July 2019: 666. Active Listings in July 2020: 466. 30% less available inventory compared to a year ago.
  • Pending Sales in July 2019: 281. Pending Sales in July 2020: 383. 36% more sales tracking towards closing.
  • Average Sales Price in July 2019: $462,000. Average Sales Price in July 2020: $487,000 (increase of 5.3%).
  • Unlike prior years, the heat in the residential is not concentrated at and under the average price point. We have seen a 20% year-over-year increase in the number of sales over $800,000.

With all time low interest rates expected to continue for the foreseeable future and lower inventory, we anticipate accelerated appreciation in the residential market.

Want a copy of the full report? Email Greg Roeder at: groeder@waypointRE.com
Investment Opportunity: Multi-Family Property in Loveland
8-Unit Property at 1646 E. 16th Street, Loveland CO
Property listed and owned by Dave Lund of Noble Ventures Real Estate. All units are 2 bed / 1 bath and are leased through August 2021.

  • Annual NOI is being marketed as $76,753
  • Three units rented at $975 / month, Five units rented at $925 / month
  • Professionally managed property with utilities billed back to the Tenants
  • Coin Operated Laundry (shared)
  • Covered Parking
  • Central Loveland location, close to McKee Hospital and Boyd Lake
Email Greg Roeder for more details about this property: groeder@waypointRE.com
Refinancing Your Mortgage Will Cost More Due to New Rule Imposed by Fannie & Freddie
  • Fannie Mae and Freddie Mac will start charging a 0.5% “adverse market fee” on all refinances, including both cash-out and non-cash-out refinances.
  • The new fee goes into effect Sept. 1, 2020
  • “As a result of risk management and loss forecasting precipitated by COVID-19 related economic and market uncertainty, we are introducing a new Market Condition Credit Fee in Price,” Freddie Mac said in a notice to lenders.
  • It’s not the first time Fannie and Freddie have imposed a fee like this. In 2007, Fannie Mae imposed a 0.25% surcharge on all mortgages it bought from lenders in response to the burgeoning global financial crisis.

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Questions, Comments, or Feedback? Contact Greg Roeder at groeder@waypointRE.com
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