Take a drive down Harmony road and you'll see project after project under construction. I've lived here for nearly 13 years, and I have never seen this much activity in the commercial sector. We had a boom in the 90's for residential, but this unprecedented commercial development is giving hope to residents and property owners looking gain some appreciation in this flat market.
As a property owner myself, I have a vested interest in the success of this development and may come across as biased. That said, I am thinking very positive about these developments and the future of the Fort Collins housing market. The addition of new businesses will bring jobs and tax revenue. I think the six month (plus) supply of listed homes will come down, and we will again see controlled, measured growth.
In my opinion this is the best time to buy and I predict some good numbers for the coming year. That's the great thing about blogging. There is a record of claims made, and can be referenced down the road. I look forward to using this blog post as proof of my ability to read the local market. Of course I could be wrong, but I am not alone in this prediction. Anyone who can effectively interpret "economic indicators" will tell you the same or similar view. You can look to the raw data, and analyze that data exhaustively.
Or you could just take a drive down Harmony road.
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