There are a lot of people asking questions about whether now is a good time to buy real estate in Northern Colorado. You hear conversations about a real estate bubble or fears that now might not be a great time to buy. On the contrary, the majority of people recently surveyed that this was still a good time to buy a home. With that in mind, here are 4 reasons why right now is a great time to buy real estate.
The above real estate infographic tells the story about why now is a great time to buy a new home. Experts agree that the costs of homes will continue to increase, mortgage rates will likely increase, down payment amounts will be higher and building costs are increasing. All of these factors will make it harder for people to buy homes in the future.
It has been said that the best time to plant a tree is 20 years ago so you can enjoy the shade and the second best time is today so you can enjoy that shade in the future. This is very true about home ownership too. Housing prices in Northern Colorado have continued to appreciate at higher values around 10% per year. If you wait a year the house will only be more expensive.
If you have questions about buying a home in Fort Collins, Loveland, Windsor, Greeley, Longmont or Surrounding areas please reach out to Andy for expert Northern Colorado Real Estate Advice at 970-203-5066.
Andy Hawbaker is a Northern Colorado Realtor® licensed with Kris Lindahl Real Estate. Andy serves Fort Collins, Loveland, Windsor, Greeley and Surrounding Communities.