Alicia Stewart's Blog

Loveland City Council waives home improvement fees

Alicia Stewart (Keller Williams) — Fri, 18 Sep 2009 14:10:42 -0700

Loveland Reporter-Herald

Residents who have been putting off remodeling projects or have one waiting in the wings have gotten a break from the city.

The Loveland City Council on Tuesday unanimously approved waiving building permit fees temporarily for renovating, repairing, remodeling or constructing an addition to owner-occupied single-family homes and duplexes.

The waiver, effective Oct. 1 and continuing to Jan. 1, 2010, is intended to boost construction projects.

According to the measure, such work still will require a permit, but no permit or plan check fees will be charged for projects valued up to $50,000.

The city’s use taxes and appropriate county taxes still will be collected, but building officials say savings could amount to $1,000 or more.

According to the city, the waivers include all owner-occupied residences, such as houses, duplexes, condos and town homes, for improvements such as basement finishes, decks, kitchen projects, porch enclosures and garages.

Northern Colo Market Stats-Aug '09

Alicia Stewart (Keller Williams) — Mon, 07 Sep 2009 16:56:06 -0700

LOVELAND

FT COLLINS

GREELEY

Northern Colo Market Stats

Alicia Stewart (Keller Williams) — Sat, 29 Aug 2009 10:08:21 -0700

AUGUST ‘09

LOVELAND

FT COLLINS

GREELEY/WELD

New Listing!

Alicia Stewart (Keller Williams) — Mon, 03 Aug 2009 16:10:22 -0700

News Briefs: Northern Colorado

Alicia Stewart (Keller Williams) — Sat, 01 Aug 2009 11:32:42 -0700

"EXTRA, EXTRA, READ ALL ABOUT IT!"
Northern Colorado News Briefs

July 2009
June 2009
May 2009

July 2009

Greeley downtown thrives with DDA improvements
The Greeley Downtown Development Authority (DDA) continues to fuel growth in downtown Greeley. Past accomplishments of the DDA include the 9th Street Plaza renovation, the book shop retail addition and lofts, and permanent lighting of the downtown trees. Currently, the DDA is making streetscape improvements to the southern end of the district and the Awning/Facade Grant Program offers businesses the opportunity to renovate the front of their buildings. The downtown has come a long way since 2000 when it was listed on the “Most Endangered Places” list by Colorado Preservation, Inc. Today downtown Greeley is a vibrant place where events like Friday Fest, Oktoberfest and the Arts Picnic bring the community together. For a complete list of downtown events go to: www.GreeleyDowtown.com

Source: www.GreeleyDowtown.com, pulled 7/22/09

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Fort Collins and Denver ‘Best Places’ for Young Professionals
Since 1998, Next Generation Consulting (NGC) has ranked the best cities to live in for young professionals between ages 20-40. The consulting group uses 45 criterion to create three ‘Next Cities’ lists, each list is based on a different population size. This year, amongst cities with a population between 100,000-200,000 people, Fort Collins was selected as the number one best city to live in for young professionals. Denver was ranked the number five best place to live for young professionals in a city over 500,000. NGC takes into consideration employment, education and social opportunities.

Source: Northern Colorado Business Report, “Fort Collins best place for young professionals,” by Staff, 6/11/09
http://www.ncbr.com/article.asp?id=100595

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Mead, CO: Largest Growth in 2008
A recently released Census Bureau report revealed Mead, CO as the fastest growing city in Colorado last year. In 2008, Mead grew by 8.4% bringing the total city population to 3,408. This city that four years ago had dirt roads intersecting main street has seen new subdivisions go in and the school district just built a new high school. People are attracted to Mead because of the affordable living, small-town atmosphere, and easy access to major employers in areas like Longmont, Greeley, Fort Collins and Denver.

Source: The Denver Post, “Small Colorado town a superstar for growth” by Burt Hubbard, 7/1/2009
http://www.denverpost.com/news/ci_12727787

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Centerra ground breaks for Agrium Inc. Crop Production Services
McWhinney broke ground in July on an $18 million dollar project that will house Agrium Inc. Crop Production Services. The company is expected to bring 250 jobs from Greeley and add another 100 to 150 jobs in the next five years. They have also announced they will be moving their Canadian-based Agrium Advanced Technologies section into Centerra. That translates to 21 jobs from Canada and the potential for adding 50 new jobs in five years. In the short-term, it is estimated that 710 construction-related jobs will be created by the project. The net gain in primary jobs is promising for the northern Colorado region.

Source: Coloradoan, “McWhinney begins $18 million building project” by Douglas Crowl, 7/20/09
http://www.coloradoan.com/article/20090720/BUSINESS/907200312

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June 2009

Loveland “Best Place to Live 2009”
Loveland made another Top 10 List in early June as the city was selected as one of the 10 “Best Places to Live 2009.” The U.S. News & World Report selects 10 cities each year based on the strength of the local economy, living costs and recreational opportunities. Loveland aced the evaluation in all three areas. The city was recognized for their mixture of natural and man-made beauty. There are 27 public parks, 16 miles of recreation trails and over 200 pieces of sculpture and two-dimensional works on display in the community. With the average 2008 median home price at $186,000, Loveland is also an affordable place to live.

The Top 10 "Best Places to Live 2009"
1. Albuquerque, New Mexico
2. Auburn, Alabama
3. Austin, Texas
4. Boise, Idaho
5. Durham, North Carolina
6. La Crosse, Wisconsin
7. Loveland, Colorado
8. San Luis Obispo, California
9. St. Augustine, Florida
10. Upper St. Clair, Pennsylvania

Source: U.S. News & World Report, “Best Places to Live 2009,” by Luke Mullins, 6/8/2009
http://www.usnews.com/articles/business/real-estate/2009/06/08/best-places-to-live-2009.html?PageNr=1

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Northern Colorado a Top 10 Housing Market for Next 10
The U.S. News & World Report recently identified the top 10 housing markets for the next 10 years, and Northern Colorado made the list. The rankings were based on Moody’s Economy.com data that was analyzed with regard to geographic and industry trends to generate 10- year home price projections for each of the nation’s 384 distinct metropolitan statistical areas. In addition to the natural beauty of the Rocky Mountain region, Northern Colorado was touted for the quality of university research, local support and private investment in traditional and renewable energy. According to the report, home prices in the Fort Collins/Loveland area will rise an average of 4.1% annually over the next 10 years.

The Top 10 Housing Markets for the Next 10 Years
1. Anchorage, Alaska
2. Corvallis, Oregon
3. Decatur, Illinois
4. Bremerton & Silverdale, Washington
5. Duluth, Minnesota
6. Fort Collins and Loveland, Colorado
7. Glens Falls, New York
8. Pittsfield, Massachusetts
9. Sandusky, Ohio
10. Santa Fe, New Mexico

Source: U.S. News & World Report, “The Top 10 Housing Markets for the Next 10 Years” by Luke Mullins, 6/4/2009
http://www.usnews.com/articles/business/real-estate/2009/06/04/the-top-10-housing-markets-for-the-next-10-years.html

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Weld to Lead State in Growth
According to American City Business Journals Inc., Weld County’s projected population growth for the next 15 years ranks as 17th-fastest in the nation. More specifically, the Greeley metro area is projected to grow 60.61% by 2025. That translates to 226,354 residents in 2005 to 363,539 in 2025. The journal used U.S. Census Bureau population data and existing rates of growth to predict growth rates in 250 U.S. metropolitan areas over the next 15 years. Nationally, Denver ranked 78th, Fort Collins 106th, Colorado Springs 122nd and Boulder 172nd.

Source: The Greeley Tribune, "Study: Weld to lead state in growth pace," by Chris Casey, 6/4/2009
http://www.greeleytribune.com/article/20090604/NEWS/906049994/1001

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May 2009

Preliminary Approval for Berthoud Net-Zero Development
The Berthoud Town Board has approved preliminary plans for the Prairie Star Development, a 190-acre development that would be located near Larimer County Road 17 and U.S. Highway 287. Project developers have already met with staff at the Governor’s Energy Office to discuss the inclusion of a large-scale solar farm on the property. In addition, the development would include a pedestrian-friendly mix of high-density residential, office, retail, public areas and open space. The developers have been praised for this “net zero energy consumption” approach, as the solar farm could support the energy needs of the entire development. Source: The Berthoud Recorder, “Prairie Star Development Ahead of the Curve” by Shari Phiel, 5/14/09

Source: The Berthoud Recorder, "Prairie Star Development Ahead of the Curve" by Shari Phiel, 5/14/09
http://www.berthoudrecorder.com/News/2009/may/14/news-local/prairie-star-development-

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New Building on Horizon for Technology & Scientific Startup Companies
The Rocky Mountain Innovation Initiative, or RMI2, has been approved for a $5.3 million dollar loan from the city of Fort Collins to construct a 31,000-square-foot, four-story building to house technology and scientific startup companies. The new building will be located on East Vine Drive north of Old Town within the North College urban renewal area. It will have the ability to house a bioscience wet lab and the capacity to serve a large number of startup companies, mainly in the clean energy, bioscience and information technology industries. RMI2 originally started as the Fort Collins Technology Incubator in 1999 and became regional in 2008 as RMI2. The incubator has helped establish 27 companies.

Source: Loveland Reporter-Herald, "RMI2 secures loan from Fort Collins" by Shelley Widhalm, 5/18/09
http://www.reporterherald.com/news_story.asp?ID=23179

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Constant Contact Opens Doors at Centerra
In May, Constant Contact held a grand opening celebration at their new 50,000 square foot facility located at 3675 Precision Drive. The company expects to employ up to 100 employees by year-end. The Massachusetts-based company is a leading provider of email marketing and online surveys for small organizations. Last year the growing company chose Centerra as the place to expand its customer service and direct sales staff. Centerra is a 3,000-acre master-planned community. You can learn more about upcoming events and developments at Centerra on their website: http:// www.CenterraColorado.com.

Source: McWhinney Centerra Update, 5/14/09
www.CenterraColorado.com

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Denver Tops ‘Today’ Rebound List
Denver was named America’s No. 1 city on the verge of recovery from the housing slump in a segment on NBC’s “Today” show. In addition to encouraging real estate trends, the city’s vibrant downtown, solid employment base, educated population and outdoor recreation opportunities contributed to the high ranking.

Source: Denver Business Journal, “Denver tops on ‘Today’ show list of cities poised for real-estate rebound” by Mark Harden, 5/19/09
http://denver.bizjournals.com/denver/stories/2009/05/18/daily31.html

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Market Stats

Alicia Stewart (Keller Williams) — Sat, 01 Aug 2009 11:26:16 -0700

Local Market Statistics

National Numbers that Drive Real Estate
County Housing Market Snapshots: 1st Quarter 2009 Trends
County Housing Market Snapshots: 4th Quarter 2008 Trends
3rd Quarter Comparisons: Fewer Homes for Sale
County Housing Market Snapshots: 3rd Quarter 2008 Trends
2009 Northern Colorado Economic Outlook
Real Estate Economic Indicators

National Numbers that Drive Real Estate
Numbers Released 7/16/09

Home Sales

Sales of existing homes trended upward for the fourth straight month, benefiting from favorable affordability conditions. The $8,000 tax credit continued to draw in first-time buyers, who accounted for 29% of all transactions in May. Repeat buyers, who often sell their current house to first time buyers, are also coming back to the market in large numbers.

Median Home Price

Existing-home price was $173,000, up 3.8% from last month but still down 16.8% from the same time last year. Distressed sales, which accounted for a smaller 33% of sales in May, continued to weigh down the median price, as these properties are generally sold at a larger discount relative to traditional sales. However, the seasonal rise in number of repeat buyers who are generally spread across all price ranges helped to partially offset the downward pressures.

Inventory—Month’s Supply Housing inventory at the end of May fell 3.5% to 3.8 million, representing a 9.6-month supply at the current pace of sale, down from a 10.1-month supply in April.

Source: Doug Holliday, KW Research, and National Association of Realtors

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County Housing Market Snapshots
Please note: The second quarter 2009 column (Q2 ‘09) shows forecasted movement. Actual second quarter 2009 numbers will be available in follow-up issues. Source: IRES “Economic and Market Watch Report, 1st Quarter 2009”

Larimer County, 1st Quarter 2009

Weld County, 1st Quarter 2009

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County Housing Market Snapshots
2008 4th Quarter Trends

Source: IRES “Economic and Market Watch Report, 4th Quarter 2008"

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3rd Quarter Comparisons: Fewer Homes for Sale

Third quarter 2008 figures are in for Northern Colorado. The number of homes for sale dropped consistently over the last three years. This is good news for sellers, as a tightening market is key to stabilizing prices and shortening the average days on market.

The Numbers

Source: IRES Market Watch Report—2006/2007/2008 - Larimer and Weld County

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County Housing Market Snapshots
Please note: The fourth quarter 2008 column (Q4 ‘08) shows forecasted movement. Actual fourth quarter 2008 numbers will be available in follow-up issues. Source: IRES “Economic and Market Watch Report, 3rd Quarter 2008”

Larimer County, 3rd Quarter 2008

Weld County, 3rd Quarter 2008

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2009 Northern Colorado Economic Outlook
The Northern Colorado Economic Development Corporation (NCEDC) recently released their 2009 Northern Colorado Economic Outlook. You can download a complete copy of the report from the NCEDC website at www.NCEDC.com. Below are highlights from the report:

2008 population 528,500
Projected 2013 population 612,700
4,994 new jobs created between July 2007 and 2008 (2.3 percent)
4,000 projected new jobs added to the region in 2009
Unemployment rate (July ‘08) 4.9 percent, 1.1 percentage points lower than U.S.
$38,465 earnings per worker in 2007, up 7.6 percent (inflation adjusted) since 2001 and 2.1 percent since 2006
1,500 projected new Single Family building permits issued in 2008

Source: Northern Colorado Economic Development Corporation, “2009 Northern Colorado Economic Outlook,” pulled 11/10/2008

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Real Estate Economic Indicators
The Northern Colorado Business Report releases Economic Indicators

FC = Fort Collins; LVLD = Loveland; GRLY = Greeley
Note: Unless otherwise indicated, all statistics are for Larimer and Weld counties combined.
* Projected population numbers from the Colorado Division of Local Government; U.S. Census Bureau Source: Northern Colorado Business Report, “Economic Indicators—August 1, 2008”
http://www.ncbr.com/section.asp?secID=27

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Greeley Country Club ($295,000)

Alicia Stewart (Keller Williams) — Thu, 09 Jul 2009 21:47:06 -0700

Alicia Stewart | Keller Williams | 970-222-8871

1357 43rd Ave #57, Greeley, CO

Greeley Country Club!

3BR/1.5BA Single Family House

offered at $295,000

Year Built	1989
Sq Footage	3,851
Bedrooms	3
Bathrooms	1 full, 4 partial
Floors	2
Parking	Unspecified
Lot Size	Unspecified
HOA/Maint	$135 per month

DESCRIPTION

Well-cared for home in golf course community! Main floor includes open floor plan w/ fireplace, laundry room w/ lots of cabinets & sink, master bedrm w/ walkout, jetted tub & large walk-in
closet. All appliances incl including brand new SS refrigerator w/ bottom freezer! Upstairs incl loft w/ Bedrms #2 & #3 each having own baths. 1,221 sq/ft finished bsmt incl 1/2 bath & fireplace. More features: skylights, whole house intercom, central vac & vaulted ceilings!

see additional photos below

PROPERTY FEATURES

• Central A/C	• Fireplace	• High/Vaulted ceiling
• Walk-in closet	• Tile floor	• Family room
• Dining room	• Breakfast nook	• Dishwasher
• Refrigerator	• Stove/Oven	• Microwave
• Stainless steel appliances	• Basement	• Balcony, Deck, or Patio
• Yard

COMMUNITY FEATURES

• Golf course

ADDITIONAL PHOTOS

Photo 1

Contact info:

Alicia Stewart

Keller Williams

970-222-8871

For sale by agent/broker

Equal Opportunity Housing

Posted: Jul 9, 2009, 6:36pm PDT

Poudre Valley REA has money for former customers

Alicia Stewart (Keller Williams) — Mon, 06 Jul 2009 16:25:27 -0700

FORT COLLINS - Poudre Valley Rural Electric Association will return $230,000 to former customers, if they can be located. The REA is a nonprofit cooperative serving consumers in Larimer, Boulder and Weld counties. It annually sends refunds to customers for payments made in prior years. The association is seeking 4,727 customers billed in 1997 who are owed a total of $230,000. A total of $2 million was sent in refund checks last year, but checks for customers who have since moved are returned. A list of customers who are still owed money can be found at www.pvrea.com/capitalcredits. The list of names will also be published in the Fort Collins Coloradoan, the Greeley Tribune and the Longmont Times-Call on July 19. Those who find their names on the list should contact Poudre Valley REA, PO Box 272550, Fort Collins, CO 80527-2550 or call 970-226-1234.

News Briefs: Northern Colorado

Alicia Stewart (Keller Williams) — Wed, 01 Jul 2009 07:50:42 -0700

"EXTRA, EXTRA, READ ALL ABOUT IT!"
Northern Colorado News Briefs

June 2009
May 2009
April 2009

June 2009

Source: U.S. News & World Report, “Best Places to Live 2009,” by Luke Mullins, 6/8/2009
http://www.usnews.com/articles/business/real-estate/2009/06/08/best-places-to-live-2009.html?PageNr=1

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Source: The Greeley Tribune, "Study: Weld to lead state in growth pace," by Chris Casey, 6/4/2009
http://www.greeleytribune.com/article/20090604/NEWS/906049994/1001

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May 2009

Source: The Berthoud Recorder, "Prairie Star Development Ahead of the Curve" by Shari Phiel, 5/14/09
http://www.berthoudrecorder.com/News/2009/may/14/news-local/prairie-star-development-

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Source: Loveland Reporter-Herald, "RMI2 secures loan from Fort Collins" by Shelley Widhalm, 5/18/09
http://www.reporterherald.com/news_story.asp?ID=23179

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Source: McWhinney Centerra Update, 5/14/09
www.CenterraColorado.com

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April 2009

Fort Collins No. 7 for Quality of Life
BizJournals.com ranked Fort Collins as No. 7 for quality of life in a mid-sized metropolitan area. The ranking was based on comparative data from 124 midsize metros in 20 statistical categories using U.S. Census Bureau data. Healthy economies, light traffic, moderate costs of living, impressive housing stocks and strong educational systems were key factors in the ranking system. Fort Collins and Larimer County were specifically noted for the high percentage of people with college degrees, a healthy entrepreneurial spirit and solid concentration of management jobs. Two other Colorado cities—Boulder and Colorado Springs—also made the top 10 list. The journal concludes that these smaller metro areas are viable alternatives to “life in the big city.”

Source: Coloradoan, “Fort Collins ranks No. 7 for quality of life” by Pat Ferrier, 3/18/09
http://www.coloradoan.com/article/20090318/BUSINESS/903180309/1046

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Greeley Tops U.S. Census Growth List
Census figures released in March show that the Greeley metro area, which includes all of Weld County, is growing at the fourth-fastest rate of any metro area in the nation. The area grew by 38 percent between April 2000 and July 2008, bringing the population to approximately 250,000 people. The Greeley metro area is behind Palm Coast, Fla., which grew 83.1 percent; St. George, Utah; and Provo-Orem, Utah. See the complete list of fastest-growing metro areas in the “Weld County Population Estimates” sidebar.

Source: Greeley Tribune, “Greeley remains near top of Census growth list” by Andrew Villegas, 3/29/09
http://www.greeleytribune.com/article/20090319/NEWS/903189906/1001&title=Greeley%20remains%20near%20top%20of%20Census%20growth%20list

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Embassy Suites Opens Doors
The much anticipated Embassy Suites Hotel, Spa and Conference Center located south of the Budweiser Events Center on I-25 opened its doors for reservations this April. The $60-million hotel comes in at eight stories high, 263 suites, with 40,000 square feet of conference room space—the largest in the state. The ballroom is 28,000 square feet and can hold 3,600 people. Only three other hotel convention centers from Denver north to Canada have that capacity. The great news is that the hotel has conferences booked through 2012 and based on lease agreements the county could see returns up to $500,000 this year from the development, then up to $2.1 million per year by 2059 when the county’s land lease would be up for renewal.

Source: Source: Coloradoan, “Embassy Suites a new boon for area” by Douglas Crowl, 4/3/09
http://www.coloradoan.com/article/20090403/LOVELAND03/90402044

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Housing Market Shows Signs of Stabilization
All eyes are on the housing market as we head into the second quarter of 2009—for where the housing market goes, so goes the economy. The good news is that there are recent signs of stabilization in the housing market:

Foreclosure activity in Colorado dropped by a third in the first three months of this year compared with the same period in 2008, according to a recent report from RealtyTrac. Many of the country’s largest mortgage servicers slowed their processing of foreclosures earlier this year as they waited for new federal guidelines on modifying troubled loans. Despite the fact that foreclosure activity rose after the new guidelines were released, the rise wasn’t enough to push the state above levels seen in March 2008.
A real estate report by First American CoreLogic shows January home prices increasing slightly in Fort Collins and Loveland and slowing their decline in Greeley. The report said home prices in the Fort Collins-Loveland area increased by 0.07 percent in January compared to January 2008 after dropping by 1.72 percent in December compared to one year earlier. In the Greeley area, home prices decreased by only 0.44 percent in January over the same month in 2008 after decreasing 2.2 percent in December 2008 over December 2007.
The hardest-hit housing markets—Florida’s Gulf Coast, California's Inland Empire, and Las Vegas, among others—experienced a more than 80 percent jump in home sales during the year-over-year period ended in February.
Builder confidence in April made its most dramatic increase in nearly seven years. The Housing Market Index, a survey-based measurement of sales, as well as sales expectations, rose by more than 50 percent in April, according to the National Association of Home Builders.
A group of new consumer-sentiment polls came out showing that Americans are feeling better about their economic prospects for the first time in months. A survey of 15,000 adults by Discover Financial Services recorded a significant jump in confidence between February and March. A New York Times/CBS poll of 1,000 consumers found the same.
Mortgage applications for purchases of resale and new homes were up again -- eight percent for applications using conventional loans, and a remarkable 17 percent gain in applications to buy houses using low-down payment FHA mortgages.
Mortgage rates remain at near historic lows, though they may be bottoming out. Thirty-year fixed rates rose a tenth of a percent on average last week, according to the Mortgage Bankers Association, to 4.7 percent. Fifteen year rates stayed flat, around four and a half percent.

Sources: The Denver Post, “Colo. foreclosure activity down for the quarter” by Aldo Svaldi, 4/16/09; CNNMoney.com, “Signs of recovery - and perhaps a bottom - emerge in housing market report” by Aaron Smith, 4/15/09; Realty Times, “Real Estate Outlook: A Turnaround May Be In Sight” by Kenneth R. Harney, 4/14/09; Business Week, “Home Sales: Some Welcomed Signs of Life” by Christopher Palmeri, Maria Der Hovanesian, and Gopal Prashant, 04/09/09; Northern Colorado Business Report, “Northern Colorado home prices may be stabilizing” by Staff, 3/26/09
http://www.denverpost.com/business/ci_12152077 http://money.cnn.com/2009/04/15/news/economy/housing_market_index/index.htm?postversion=2009041513 http://realtytimes.com/rtpages/20090414_realestateoutlook.htm http://www.realtor.org/rmodaily.nsf/pages/News2009040901 http://www.ncbr.com/article.asp?id=99305

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Real Estate Stats: Northern Colorado

Alicia Stewart (Keller Williams) — Wed, 01 Jul 2009 07:48:34 -0700

Local Market Statistics

County Housing Market Snapshots: 1st Quarter 2009 Trends
National Numbers that Drive Real Estate
County Housing Market Snapshots: 4th Quarter 2008 Trends
3rd Quarter Comparisons: Fewer Homes for Sale
County Housing Market Snapshots: 3rd Quarter 2008 Trends
2009 Northern Colorado Economic Outlook
Real Estate Economic Indicators

Larimer County, 1st Quarter 2009

Weld County, 1st Quarter 2009

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National Numbers that Drive Real Estate

Home Sales

First-time buyers continue to drive a sizeable increase in the share of lower priced homes, accounting for 53% of all transactions.

Existing home sales increased 29% from the previous month but still remained 4% below last years’ level.

Median Home Price

Home prices are falling at a slower rate which is a sign of stabilization.

While house prices were 12% lower than a year ago, prices actually increased 4% on a month-to-month basis.

The national home price is currently at $175,200.

Inventory—Month’s Supply

Inventory has remained stable in the last three months and continues to be much lower than most of last year.

Continuingly improved affordability conditions and lower interest rates are attracting more potential home buyers and helping to draw down inventory.

Mortgage Rates—30-Year Fixed

Mortgage rates averaged 4.78% for the final week of April. This equals the record low that was set in the first week of April and is significantly lower than the 6.06% the same time last year.

The Federal Reserve continues to stay committed to its plan to hold official interest rates low amidst slower economic growth.

Affordability—% of Income

Housing affordability continues to remain near record levels. The median mortgage payment now consumes 15% of family income in comparison to 22% of income two years ago.

Access to credit is also opening up. According to the Fed’s Senior Loan Officers’ Survey, there are fewer number of banks tightening loan standards compared to a few months ago.

Source: Doug Holliday, KW Research, and National Association of Realtors

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County Housing Market Snapshots
2008 4th Quarter Trends

Source: IRES “Economic and Market Watch Report, 4th Quarter 2008"

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3rd Quarter Comparisons: Fewer Homes for Sale

Source: IRES Market Watch Report—2006/2007/2008 - Larimer and Weld County

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Larimer County, 3rd Quarter 2008

Weld County, 3rd Quarter 2008

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2008 population 528,500
Projected 2013 population 612,700
4,994 new jobs created between July 2007 and 2008 (2.3 percent)
4,000 projected new jobs added to the region in 2009
Unemployment rate (July ‘08) 4.9 percent, 1.1 percentage points lower than U.S.
$38,465 earnings per worker in 2007, up 7.6 percent (inflation adjusted) since 2001 and 2.1 percent since 2006
1,500 projected new Single Family building permits issued in 2008

Source: Northern Colorado Economic Development Corporation, “2009 Northern Colorado Economic Outlook,” pulled 11/10/2008

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Carbon monoxide detectors mandatory July 1

Alicia Stewart (Keller Williams) — Mon, 29 Jun 2009 22:52:21 -0700

DENVER - As of July 1, Colorado requires carbon monoxide alarms be installed in all multi-family units and single-family homes, including mobile and manufactured homes. A working carbon monoxide detector must be installed within 15 feet of the entrance of all bedrooms. Detectors don't have to be hard-wired; they may be plugged into a non-switched outlet or may be combined with a smoke alarm or home security system. Detectors must be verified at the time of inspection, or final approval on the permit for any major home improvement, appliance replacement, remodel or new construction cannot be granted. Purchasers and landlords must ensure that detectors are in place before any turnover takes place. For more information, contact your local building department or SAFEbuilt Colorado.

Cozy Townhome in South FTC

Alicia Stewart (Keller Williams) — Tue, 23 Jun 2009 06:10:39 -0700

Alicia Stewart | Keller Williams | kwalicia@yahoo.com | 970-222-8871

5326 Fossil Ridge Dr, Ft. Collins, CO

Updated Townhome in South Ft Collins

2BR/2BA Single Family House

offered at $185,550

Year Built	1979
Sq Footage	2
Bedrooms	2
Bathrooms	2 full, 0 partial
Floors	3
Parking	2 Car garage
Lot Size	Unspecified
HOA/Maint	$25 per month

DESCRIPTION

Open floor plan includes lots of natural light from skylight in kitchen (appliances included) and corner fireplace is warm and inviting. Greenbelt out back can be viewed off of decks from master bedroom and living room. Finished walkout basement includes office and laundry. 2 car garage has storage/work space. New pergo floors, new tile in bathroom, new paint indoors, new A/C pump, new carpet throughout the home and new water heater.

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
High/Vaulted ceiling	Hardwood floor	Tile floor
Family room	Living room	Dining room
Dishwasher	Refrigerator	Stove/Oven
Microwave	Basement	Washer
Dryer	Balcony, Deck, or Patio	Yard

OTHER SPECIAL FEATURES

Backs to Greenbelt

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 1	Photo 2
Photo 3	Photo 4

Contact info:

Alicia Stewart

Keller Williams

kwalicia@yahoo.com

970-222-8871

For sale by agent/broker

Equal Opportunity Housing

Posted: Jun 23, 2009, 3:02am PDT

Well-kept home in West Greeley!

Alicia Stewart (Keller Williams) — Tue, 23 Jun 2009 05:39:35 -0700

Alicia Stewart | Keller Williams | 970-222-8871

2130 72nd Ave Ct, Greeley, CO

Ranch Home in West Greeley!

2BR/2BA Single Family House

offered at $199,900

Year Built	2002
Sq Footage	2,812
Bedrooms	2
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	7,405 sqft
HOA/Maint	$20 per month

DESCRIPTION

Ranch home w/ basement in West Greeley! Professionally installed xeriscaped front yard w/ drip system means low water bills. Open floor plan incl vaulted ceilings, study w/ French doors, built-in bookshelves and breakfast bar in kitchen/dining. Fenced backyard nicely landscaped w/ covered patio and RV parking. Lots of storage in partially finished basement & new 3-ton A/C! Appliances & washer/dryer included! Epoxy floors in oversized, insulated garage! Clean & move-in ready!!

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
High/Vaulted ceiling	Walk-in closet	Family room
Living room	Office/Den	Dining room
Refrigerator	Stove/Oven	Microwave
Basement	Washer	Dryer

COMMUNITY FEATURES

Swimming pool(s)

OTHER SPECIAL FEATURES

RV parking

ADDITIONAL PHOTOS

Photo 1	Photo 1
Photo 2	Photo 2
Photo 3	Photo 4

Contact info:

Alicia Stewart

Keller Williams

970-222-8871

For sale by agent/broker

Equal Opportunity Housing

Posted: Jun 23, 2009, 9:27am PDT

Investment Property (Greeley, CO)

Alicia Stewart (Keller Williams) — Tue, 23 Jun 2009 05:38:23 -0700

Alicia Stewart | Keller Williams | 970-222-8871

1313 4th St, Greeley, CO

Great Investment Property!

3BR/1BA Single Family House

offered at $95,000

Year Built	1885
Sq Footage	1,360
Bedrooms	3
Bathrooms	1 full, 0 partial
Floors	2
Parking	1 Car garage
Lot Size	Unspecified
HOA/Maint	$0 per month

DESCRIPTION

2-story home, updated, clean and move-in ready! Great curb appeal! Screened front porch w/ lock. New carpet, new vinyl windows, new front & back doors, new paint inside & out, new ceiling fans and fixtures, new heating system, new copper piping, new Wilsonart wood floors in kitchen. New kitchen appliances & washer/dryer included! Large lot w/ new fence and alley access! Close to schools and shopping!

see additional photos below

PROPERTY FEATURES

High/Vaulted ceiling	Hardwood floor	Family room
Dining room	Dishwasher	Refrigerator
Stove/Oven	Microwave	Washer
Dryer	Yard

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 1	Photo 2
Photo 3	Photo 4

Contact info:

Alicia Stewart

Keller Williams

970-222-8871

For sale by agent/broker

Equal Opportunity Housing

Posted: Jun 22, 2009, 6:09pm PDT

Located Near 2 City Golf Courses (Loveland, CO)

Alicia Stewart (Keller Williams) — Tue, 23 Jun 2009 05:37:24 -0700

Alicia Stewart | Keller Williams | 970-222-8871

2707 Greenland, Loveland, CO

Located Near 2 City Golf Courses!

4BR/4BA Single Family House

offered at $259,000

Year Built	1977
Sq Footage	3,786
Bedrooms	4
Bathrooms	4 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	7,771 sqft
HOA/Maint	$0 per month

DESCRIPTION

Clean and move-in ready w/ tons of upgrades: kitchen has new granite tile counters, new cupboards, new appliances, new carpet, new windows, new bathroom counters, new backyard fence! Energy efficiency with 2-zone water heater and whole-house A/C (worth min $7,000). Great opportunities for entertaining in large finished basement or outside on covered deck. Sprinkler system and central vacuum system! GREAT BANG FOR YOUR BUCK!

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
Tile floor	Family room	Living room
Dining room	Dishwasher	Refrigerator
Stove/Oven	Microwave	Granite countertop
Basement	Washer	Dryer
Balcony, Deck, or Patio	Yard

COMMUNITY FEATURES

Golf course

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 1	Photo 2
Photo 3	Photo 4

Contact info:

Alicia Stewart

Keller Williams

970-222-8871

For sale by agent/broker

Equal Opportunity Housing

Posted: Jun 22, 2009, 6:02pm PDT

UNC faculty to live with students this fall

Alicia Stewart (Keller Williams) — Thu, 18 Jun 2009 18:55:30 -0700

GREELEY - Six members of the University of Northern Colorado faculty will be living alongside students in campus residence halls this coming fall in a first-time program designed to develop closer relationships between students and teachers.

The six faculty, Mary Angeline, Matt Birnbaum, Lyda Ellis, Diana Gaede, Lee Anne Peck and Gary Swanson, were chosen from 18 applicants for the program offered by UNC Housing and Residence Life. The faculty receive an apartment and meals in exchange for time spent with students in the residence halls. The program was partly funded by a restructuring plan that eliminated an assistant hall director position.

"The program provides opportunities for unique relationships and adds a vibrant social and intellectual community outside of the classroom," said Jenna Finley, UNC Residence Life director. "It's also another way to showcase our approachable faculty who serve as professional and personal role models to our students."

Northern Colorado Business Report

Loveland makes U.S. News' "Best Places to Live" Top 10

Alicia Stewart (Keller Williams) — Wed, 10 Jun 2009 17:58:40 -0700

U.S. News looked at areas with strong economies, low living costs, and plenty of fun things to do

By Luke Mullins

Posted June 8, 2009

With the decade winding to a close, Americans have grown increasingly reluctant to gas up their moving vans. Last year, the Census Bureau's national mover rate—which represents the percentage of Americans 1 year and older who moved within the past year—hit its lowest level since 1948, when the bureau began tracking the data. And who can blame us? In the face of a terrifying banking crisis, a historic housing crash, and a grueling recession, relocating to a new city isn't exactly on the to-do list. But despite the uncertain economy, the nation's diverse topography presents an enviable menu of great places to find work, retire, or just change your scene.

In selecting our Best Places to Live for 2009, U.S. News took a thrift-conscious approach: We looked for affordable communities that have strong economies and plenty of fun things to do. The cities we selected are as distinct as America itself—ranging from a quaint suburb to a live-music mecca. But whether you prefer hiking through the Rocky Mountains, pulling a fish out of the Atlantic Ocean, or grilling hot dogs at a college football tailgate, here are 10 places that will fill up your daybook without emptying your wallet.

(#7) Loveland, Colorado
Located just outside the breathtaking Rocky Mountain National Park, Loveland, Colo., is considered the "Gateway to the Rockies." But while it has 27 public parks and nearly 16 miles of recreation trails, it's Loveland's affection for man-made beauty that sets this community of 56,000 residents apart. Thanks to its Art in Public Places program, more than 300 pieces of sculpture and two-dimensional works are on display throughout the community. And with a 2008 median home sale price of $186,000, the area's real estate market is relatively affordable.

U.S. News and World Report ranks Fort Collins/Loveland as a top 10 market for housing appreciation

Alicia Stewart (Keller Williams) — Sun, 07 Jun 2009 16:36:41 -0700

Fort Collins sits atop a very desirable list released this month by U.S. News and World Report. The national publication has Fort Collins and Loveland ranked as one of the top 10 housing markets for the next 10 years in terms of appreciation.

While the economy has cut a swath through the housing market, leaving homes in foreclosure or bankruptcy, there are some areas poised to make a return quicker than others. The report states that over the next 10 years, a majority of America’s real estate markets will appreciate. U.S. News took the employment and national population data from Moody’s Economy.com along with geographic and industry trends to compile its list of 10-year home price projections for 384 metro areas.

Fort Collins and Loveland are listed No. 3 on the list behind Bremerton and Silverdale, Wash. and Glens Falls, N.Y.

The article quotes Brian Willms, the president and CEO of the Loveland Chamber of Commerce, who attributes much of the region’s appeal to CSU and renewable energy.

CNN Best Places to Live

Alicia Stewart (Keller Williams) — Thu, 30 Apr 2009 09:44:10 -0700

CNN Best Places to Live

Top 100 Rank City Population

2	Fort Collins	129,400
12	Highlands Ranch	102,600
50	Longmont	82,600
33	Loveland	61,100
44	Westminster	105,700

Researched Real Estate Stats...NOT Media Sensastionalism!

Alicia Stewart (Keller Williams) — Sat, 25 Apr 2009 12:16:46 -0700

National Market Conditions (ppt)

Properties for Sale (Loveland, Milliken, Windsor Colorado)

Alicia Stewart (Keller Williams) — Thu, 23 Apr 2009 07:57:01 -0700

Milliken, CO

MLS# 588819 $169,000

Beds: 3
Baths: 3
Sq.ft: 2,160
Taxes: $1,043/2007
Inclusions: All Appliances, Washer & Dryer

Visual Tour

Rural Housing Financing Available!
little-no $$ down, no MI

14-Month Blue Ribbon Home Warranty included!

Beautiful ranch home with professionally finished basement includes many upgrades: new roof w/ 30 yr transferrable warranty, new exterior paint, new gutters, new carpet, new interior paint throughout the house, new fans & new light fixtures. ALL NEW APPLIANCES INCLUDED, refrigerator, range/oven, dishwasher, micro, washer and dryer. Huge fenced backyard includes sprinkler system!

Loveland, CO

MLS# 590040 $550,000

Bedrooms: 3
Baths:         3
Sq.ft:          4,318
Acreage:    2.4
Taxes:       $1,491/2007
Inclusions: Bosch Appliances
Zoned:       2-5 Horses

Visual Tour

Gorgeous 2007 custom ranch home w/ finished walk-out basement on 2.4 acres w/ easy access to I-25.

Main level open floor plan incl large living room w/ FP & lots of natural light, a beautiful kitchen w/ high-end touches: double-oven, tharp cabinets & lrg island w/ granite counters and gas range. Huge MBR incl FP, 5-pc bath w/ jetted tub & lrg walk-in closet. Finished walk-out basement incl wet bar, large entertaining area, 2 BR w/ full bath, & lots of storage space.

14-Month Blue Ribbon Home Warranty Included!

Windsor, CO

MLS# 587635 $59,250

Bd: 2
Ba: 1

SqFt: 755

Built: 1971

Inclusions: All appliances, shed

Visual Tour

End unit condo with fenced yard including a shed! Great investment opportunity for students attending any of the nearby colleges or 1st time home buyers! HOA includes water, sewer and trash. All appliances included

New $8,000 Tax Credit for Home Buyers Available

Alicia Stewart (Keller Williams) — Sun, 19 Apr 2009 07:04:06 -0700

Attention potential home buyers! Take advantage of an $8,000 tax credit toward the purchase of a principal residence for first-time buyers on or after January 1, 2009 and before December 1, 2009. And to make the deal even better, the credit does not require repayment. It's all part of the American Recovery and Reinvestment Act.

Learn about the new 2009 tax credit and legislation

Real estate report: Supply and demand are well-balanced in Northern Colorado

Alicia Stewart (Keller Williams) — Fri, 06 Mar 2009 16:17:00 -0800

By Shelley Widhalm
Loveland Reporter-Herald

Fewer Loveland and Fort Collins homeowners owe more than their houses are worth than do homeowners in other states, according to a national real estate report.

About 11.5 percent of properties in Loveland and Fort Collins with a mortgage, or nearly 9,100 mortgages, were in a negative equity position as of Dec. 31, 2008.

A negative equity position means borrowers owe more money on their mortgage than the value of their home.

Nationwide, 20 percent of properties with a mortgage, or 8.3 million mortgages, were in a negative equity position at the end of 2008.

read more

FHA LIMITS HAVE JUST BEEN RAISED!

Alicia Stewart (Keller Williams) — Thu, 26 Feb 2009 18:48:25 -0800

LARIMER COUNTY - $315,000 WELD COUNTY - $417,000

Obama to outline plan to stem home foreclosures

Alicia Stewart (Keller Williams) — Sat, 14 Feb 2009 12:38:04 -0800

WASHINGTON (AP) -- The biggest players in the mortgage industry are halting home foreclosures while the Obama administration develops its plan to help struggling homeowners.

The White House said President Barack Obama on Wednesday will outline his much-anticipated plan to spend at least $50 billion to prevent foreclosures in a speech in Arizona, one of the states hardest hit by the foreclosure crisis.

"It's not intended to be measured by one day's market scorekeeping, but instead to ensure that the 10,000 Americans each day that have their homes foreclosed on, and the millions more that are barely getting by, are protected," White House press secretary Robert Gibbs said Friday without providing other details.