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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 |
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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
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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" |
3rd Quarter Comparisons: Fewer Homes for Sale 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
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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:
 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 |
Rainer
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Alicia Stewart
Alicia Stewart
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