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Northern Colorado News briefs
April 2014

NerdWallet: Firestone, Erie, Windsor in Top 10 for Homeownership in Colorado
News BriefsNerdWallet recently released a list of the Best Cities for Homeownership in Colorado and three Northern Colorado cities took top spots on the list: Firestone #1, Erie #2 and Windsor #5. The consumer report evaluated communities by asking three questions: "Are homes available?," "Can you afford to live there?" and "Is the area growing?" Firestone experienced a 13.5% growth in population from 2010-12, the largest on NerdWallet's list. The median home value in Frederick came in at $242,700 and 88% of homes are owned versus rented. Click here to read the complete report from NerdWallet: http://www.nerdwallet.com/blog/cities/best-cities-homeownership-colorado/.

 

CSU ranks #1 for Sustainability
Colorado State University (CSU) recently earned the highest ever recorded score of 83.48/100 for sustainability by the Sustainability Tracking, Assessment & Reporting System (STARS). STARS evaluates universities all around the country for their sustaibility efforts across campus. Criteria ranging from the percentage of faculty engaged in Sustainability Research to building operations and maintenance are used in the study. CSU did particularly well in the Research category, scoring a 27.00/27.00. In addition, the school earned 18.00/18.00 for Planning, Administration & Engagement as well as 13.75/13.75 for Diversity & Affordability. Click here to see the complete 2014 STARS profile for CSU: http://stars.aashe.org/institutions/colorado-state-university-co/report/2014-02-25/.

 

Four NoCo Breweries make Top 50 List
The Brewers Association recenlty released their list of the Top 50 U.S. Craft Brewing Companies and several Northern Colorado brewers made the list. New Belgium in Fort Collins came in at #3, Oskar Blues Brewery in Longmont came in at #24, Odell Brewing Co. in Fort Collins came in at #34 and Left Hand Brewing Co. in Longmont came in at #38. The rankings were based on 2013 beer sales volume. Click here to see the Brewers Association's complete list of the Top 50 U.S. Craft Brewing Companies in 2013: http://www.brewersassociation.org/attachments/0001/4525/CBP13_Top_50.pdf

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March 2014

City of Greeley releases performance report
News BriefsThe City of Greeley recently released their 2013 Performance Measure Report. Data for the report is tracked and compiled as part of the City Council's commitment to accountability and transparency. Highlights from the report are broken down into the following categories: Community Image, Citizen Safety, Economic Health & Development, and Infrastructure & Growth. In 2013, 89,379 resident's volunteer hours totaling $893,790 in value were logged by the City. There was a goal to engage 250 attendees in Poudre River Trail events and the actual number of attendees in 2013 hit 660. The city filled 54,209 pot holes and the Greeley Police Department handled 68,208 calls for service. Click here to read the complete set of highlights from the 2013 Performance Report.

 

Groundbreaking on Foothills Mall, The Square
Ground has broken at last on the much anticipated redevelopment of the Fort Collins Foothills Mall. Improvements to the retail site include a state-of-the art movie theatre, open spaces for events and concerts, an activity center and skating pond -- too name a few. The new mall, which will be renamed, is scheduled to open the fall of 2015. Nearby the mall redevelopment, two high-profile retailers are opening their doors this fall. It was recently announced that Sierra Trading Post will be opening as an anchor store at The Square on College Ave, occupying the space vacated by Office Depot. Joining them as an anchor store will be Trader Joe's, a popular retail grocery store.

 

Centerra development gains nine new businesses
Nine new businesses and tenants recently opened their doors at the Centerra development in Loveland, bringing 100 jobs to the area. According to the developer, McWhinney, one of the development's main retail centers called The Marketplace at Centerra is now at 99% occupancy. The nine businesses and tenants include: Aerotek Staffing, Church of Jesus Christ of Latter-Day Saints, Cobalt Mortgage, Cuattro, Encompass Medical Partners, Massage Envy, Olsson Associates, Perfect Teeth and Pinnacle Agricultural Holdings.

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February 2014

Fort Collins-Loveland a 'Best Place for Homeownership'
News BriefsIn December we reported that NerdWallet named Fort Collins as the second best place for job seekers in Colorado. The consumer advocacy website has now tapped Fort Collins-Loveland as the 9th best place for homeownership. Homeownership for the area came in at 65.2% with the median selected monthly homeownership costs at $1,539. That brought homeownership as a percentage of household income in at 32.8%. In conducting their rankings, NerdWallet analyzed the top 100 most populous large, medium-sized and small metropolitan statistical areas. You can read the complete NerdWallet report at: http://www.nerdwallet.com/blog/2014/best-places-homeownership/.

 

Northern Colorado housing market strong in 2013
Information and Real Estate Services (IRES), our Northern Colorado MLS, has released all of the final numbers for the "Regional Snapshot 2013" and it was good news for Northern Colorado. In Greeley, the number of Listings Sold was up 29.8% while the Median Sales Price was up 12.6%, reaching $170,000. The Average Days on Market (ADOM) decreased by 13.4%, lowering to 84 days. In nearby Loveland, the number of Listings Sold was up by 15.3% and the Median Sales Price was up by 8.7%, reaching $249,900. Homes also sold more quickly in Loveland, with the ADOM down 24.4% to reach 90 days. Fort Collins experienced similar trends, with the number of Listings Sold increasing by 14.3% and the Median Sales Price increasing by 6.1% to reach $261,000. The ADOM for Fort Collins dropped 20.2% to hit 83 days.

 

NoCo unemployment rate lowers
In Northern Colorado unemployment has hit the lowest rate since 2008. The Colorado Department of Labor and Employment recently released December 2013 figures showing that the Fort Collins-Loveland unemployment rate dropped to 4.8%, the lowest rate since November 2008 when unemployment was at 4.5%. In Greeley, the unemployment rate dropped to 6.1% which is again the lowest since November 2008 when the area's unemployment rate was 5.6%. For more information, check out the Northern Colorado Business Report article "NoCo unemployment lowest since 2008 levels."

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Real Estate Tips
Pricing >Listing and Selling Price

When calculating what you can afford in a house, don't just look at the list price. The amount you pay for a house is important when you consider your ability to re-sell the house. Today's mortgage options are increasing the possibilities for home buyers, so you should also take a close look at what it will cost you to live in the house.

Your monthly housing cost is the second figure to consider, and that cost is largely determined by current interest rates. Today's real estate market is very price-driven. Homes which are in the best condition and have the most attractive price tags are the ones that sell.

Diverse financing options and competition among lenders are giving many buyers the opportunity to buy a more expensive house or condo than they thought they could afford--and sooner. There are many creative ways to get into a home with a relatively small amount of money. Ask your real estate agent to help you look at today's numbers--you may be pleasantly surprised.

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Real Estate Trivia
Q 
What is the world's longest frontier?

A 
At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world.
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Rob Kittle & The Kittle Team, REALTOR®, real estate agent and broker for Fort Collins, Loveland and Windsor, Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

Kittle Team
Coldwell Banker

2580 E. Harmony Road Ste 201
Fort Collins, CO 80525
970-690-4920
Fax: 970-377-3701
robkittle@NUMBER1EXPERT.com

Rob Kittle started The Kittle Team in 1999 with the goal in mind to provide his clients with superior service in the Real Estate industry. The Kittle Team is compromised of 15 professionals that allow them to leverage their business and most importantly increase service and efficiency to their clients. The benefit to their clients is that they receive aggressive sales attention from an entire staff of professionals with one goal in mind - a successful transaction!   The Kittle Team sold 250 homes last year, that’s 38 times more than the average agent. The Kittle Team has provided Excellent Service for over 13 years and have helped over 1,750 families buy or sell their home! The Kittle Team has sold over $300 Million in Real Estate. Their client base is primarily made up of repeat and referral business. They pride themselves on providing the “Gold” service to their clients and their clients’ referrals.   Rob Kittle and The Kittle Team was named 108 of America’s top real estate professional teams by The Wall Street Journal and REAL Trends. The team is now a member of the “The Thousand Top Real Estate Professionals,” a prestigious national awards ranking sponsored annually by the two respected publications. The Kittle Team is now ranked in the top one half of 1 percent of the more than 1 million REALTORS® nationwide.   From short sales and foreclosures to million dollar sales, Rob Kittle and The Kittle Team are the experts. With their slogan “We Specialize...You Benefit”, their clients are guaranteed a smooth transaction in a challenging market.


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