As those of us that live here know Fort Collins is a great place to live. This is good news for the housing market as 2012 is shaping up to be a strong year. Check out this summary of an article in Builder Magazine where Fort Collins makes #2 on the list
Article Excerpt: "Many of the housing markets projected to have the biggest gains into
2012 tend to be the home to major universities, strong private sector
employment, or have nearby military bases, according to a list of the
healthiest housing markets by Builder Magazine."
We have both a major university and a strong private sector here in Fort Collins and unemployment is on the decline with the Unemployment Rate at 6.0% for September 2011. This is down from a high of 8.5% in January 2010. A positive growth outlook and declining unemployment all point towards rising home prices in 2012. Time to enjoy these historic low interest rates while you can.
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