Category Archives: Fort Collins

Mortgage Applications Surge 23%

The Mortgage Bankers Association’s seasonally adjusted index of mortgage application activity jumped 23.1% in the week ended January 13.  Refinancing applications climbed 26.4%, while the gauge of loan requests for home purchases rose 10.3%.  The refinance share of total mortgage … Continue reading

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Fort Collins-Loveland posts second-lowest unemployment rate in Colorado –

Data released by the Bureau of Labor Statistics shows the unemployment rate in the Fort Collins-Loveland metropolitan statistical area was 6.1% in October, down from 6.8% in October 2010, and the second-lowest of all MSAs in Colorado.  Read article:

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Family Mortgages Help Buyers Pursue the American Dream

Family mortgages are growing in popularity.  When parents of grown children are looking to earn greater interest on their investment money and simultaneously their grown children are looking to buy a house at a lower interest rate, an intrafamily loan … Continue reading

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The 8 Healthiest Housing Markets: Fort Collins-Loveland, Colo. #2

2011 Building Permit Forecast: 1,004 2012 Building Permit Forecast: 1,650 With Colorado State University the major employer here and often ranked as one of the best cities to live in the country, households are expected to grow by 2.7 percent … Continue reading

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Colorado jobless rate falls to 7.6% in Sept., household survey says

Colorado’s unemployment rate dropped in September to a level not seen in more than two years.  Colorado registered a non-seasonally adjusted unemployment rate of 7.6% in September, down from 8.4% during the same month a year ago.  The jobless rate … Continue reading

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Fort Collins, CO – Recent New Home Sales Numbers Climb Year-Over-Year After Drop Last Month

In the Fort Collins, CO market, new home sales climbed year-over-year in July, snapping back from a fall in June 2011. Sales increased 53.8% from a year earlier to 40, relative to a 56.3% fall last month from the year … Continue reading

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U.S. Mortgage Rates Fall to Lowest on Record, Freddie Mac says:

The average rate for a 30-year fixed loan dropped to 4.12 percent in the week ended today from 4.22 percent, Freddie Mac said in a statement today. That’s the lowest in the McLean, Virginia-based company’s records dating back to 1971. … Continue reading

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Consumer spending rebounds, rose 0.8 pct. in July

Consumer spending grew in July by 0.8 percent, the largest amount in five months.  That followed a decline in June and helped ease fears that the U.S. economy is on the verge of another recession.  Consumer spending is important because … Continue reading

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Buying is cheaper than renting in most U.S. cities

Demand for rental units has increased so much that it’s now cheaper to buy a two-bedroom home than to rent one in most major U.S. cities. According to real estate web site Trulia, buying was cheaper than renting in 74% … Continue reading

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Retail sales up in Fort Collins

With six months of steadily improving retail sales, Fort Collins officials are still reluctant to declare it a trend.  Trend or not, sales of everything from groceries to clothing to books are improving, according to the city’s monthly sales and … Continue reading

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