OK, well maybe not scorching hot--but things are moving finally!
Hearthfire, a neighborhood located on the near northside of Fort Collins, has seen mid-priced homes go under contract and close. Three short sales have been successfully closed by Matt Evans and David Timm of Keller Williams. Most of these homes were priced in the $400,000 to $550,000 price range. Another two story home sold as a pocket listing.
Local builder Al Kulenski was extremely pleased with Matt and David, since he avoided foreclosure on homes located on Bateleur and Hearthfire Drive. Matt Evans reports that First National Bank was extremely easy to work with, as the home at 3532 Hearthfire closed within 20 days after going under contract.
Northern Colorado continues to be a beacon for relocation, recently winning more awards as the best place to live and the best place to enjoy a quickly rebounding economy in the years ahead. With the wonderful climate and good supply of homes, relocation buyers from all over the country are having some luck picking up good deals above $350,000.
As of August 27, 2009, Hearthfire currently has 13 lot listings and 11 homes listed in the MLS known as IRES. Home prices range from roughly $350,000 to $1,700,000. There are also at least 2 for sale by owner homes. Home supply is down from as many as 17 inventory listings this winter. Higher priced homes are not moving as well, but these mid-price levels have seen some success. No lots have sold this year, but 7 homes have sold ranging in price from $285,000 to $599,000. Median selling price is currently $499,000 year to date.
Hearthfire offers larger lots and a more rural setting minutes from Old Town Fort Collins. Great views of the Rocky Mountains and some lakefront homes are available.
For more information on this real estate topic, or to search homes anywhere in Northern Colorado and Fort Collins, go to www.mattevansrealestate.com. Contact Matt Evans or David Timm for more statistics on the Hearthfire and Fort Collins wide markets.
Matt Evans
Broker Associate, MSM
Keller Williams Realty
970-215-9221
mattevansrealestate@gmail.com
Map Search all MLS listings and my listings at
www.MattEvansRealEstate.com
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