Recent data shows that U.S. home values are expected to grow on average of 3.2% nationwide over the next 12 months, and according to a report released by Veros Real Estate Solutions, Northern Colorado is among the strongest markets in the country. The report examines data that predicts Fort Collins-Loveland Metro home values will grow by 7.5% during the next year, creating a spark within the Fort Collins real estate market as well as increasing demand for new homes in Loveland, CO.Motivated buyers wanting to take advantage of the current low mortgage interest rates are looking now to purchase a new home.
Veros, a property valuation and risk assessment firm, predicts home values in the four Colorado metro areas (Boulder, Denver, Fort Collins and Greeley) will increase by 7% during the next 12 months, with Northern Colorado leading the way at 7.5%. Driven by population growth and a thriving economy, the report places the Fort Collins-Loveland region as the 15th-strongest housing estate market in the U.S.
Local real estate experts have also weighed in on the growing value of Fort Collins-Loveland homes, including Larry Kendall, chairman of The Group, Inc. Real Estate. Kendall describes the projected regional growth rate for Fort Collins real estate as a “three-legged stool,” supported by a supply of buyers, a supply of sellers and good interest rates.
The foundation of a healthy market is sparking an increase in desire for Loveland CO new homes, including the variety of home styles found at The Lakes at Centerra, a new lifestyle community located in Centerra’s master-planned community located off of I-25 and Highway 34. The vibrant community, neighborhood amenities, including a clubhouse and swimming pool, miles of trails, kayaking on one of the lakes, playgrounds and new pre K – 8 grade school and proximity to Denver found at The Lakes appeals to residents along the Front Range looking to buy newly constructed homes.
With market data illustrating a continued growth in Fort Collins-Loveland real estate, it is an increasingly popular time to buy a Loveland CO new home. Homebuyers interested in learning more about the lakeside living can visit our website or tour of one of our 13beautiful model homes.