NUNN GLOW.Local Coverage.Last Months INFO.Yesterday was a long day.  We got home at 9:30pm.  It certainly gave me a great amount of appreciation for the jobs that our Elected Officials have in front of them.  HB1161 had it's public hearing in front of the Agriculture, Livestock & Natural Resources Committee.  The bill was introduced by Randy Fischer and John Kefalas and lists these sponsors: HOUSE SPONSORSHIPKefalas and Fischer, Butcher, Carroll M., Frangas, Gagliardi, Green, Levy, McFadyen, McKinley, Primavera, Riesberg, Solano, Soper, and WeissmannSENATE SPONSORSHIPJohnson, and BaconThe committee heard almost 30 testimonies.  Most of them against the bill by the mining industry, 2 Powertech attorneys, George Robinson from R squared, Dick Clement, and I know at least one other Powerte... 02/06/2008

The Rolland Moore West Neighborhood Network   Maintaining neighborhood vitality and livability "Location.........Location.........Location" A Great Place to Live  ~  A Great Place to Play!   Rolland Moore Park, Pools and Recreation:  •¨        Adjacent to Rolland Moore Park, city trails and natural areas•¨        Playground, picnic areas, tennis and volleyball courts                                                           •¨        Baseball diamonds, soccer fields•¨        Fort Collins Senior Center, activity center/pool                                                                         Quality Homes:   •¨        Affordable, great value!•¨        Large lots, shade trees, great for all ages•¨        Mature landscaping •¨        Mostly Bartran homes, known for their qualityA Walkab... 02/06/2008

Ridgewood Hills is a wonderful Neighborhood in SW Fort Collins Colorado.   A great planned neighborhood with Pool, Park, and Now a new School there is even more reason to be excited about this great community.  For info about Home Sales in Northern Colorado please contact me.  I would love to help you in anyway i can.     For all your Hoa info about living in Ridgewood Hills go to. http://www.ridgewoodhillshoa.org/ Coyote Ridge Elementary School will open in fall 2008 at 7115 Avondale Road in Fort Collins. Registration and open enrollment is January 30 from 3-6 at Cottonwood Plains Elementary School, 525 Turman Drive, Fort Collins. Read a letter from new principal Diane Spearnak.   For Information about the New School (COYOTE RIDGE) being built on Avondale Enjoy this link.  http://www.t... 02/02/2008

01/17/2008

How did Fort Collins do last year?  We all like to know going into the new year how our homes faired.  With all the Doom and Gloom in the news it is easy to get worried.  Here are the true stats.      01/11/2008

Christmas 2006 still had 15 inches of snow on the ground still left over from the winter storm that occurred on the 21st and 22nd.  There was even a small amount of snowfall on the day that Saint Nick does his famous ride.  In fact...December 2006 became Denver's 3rd snowiest December in Denver weather history since 1882.  The month finished with a whopping 29.4 inches which was 20.7 inches above the normal of 8.7 inches.  The irony of December 2006 is there were only 4 days with measureable snow...20.7 on the 20th and 21st and 8.0 inches on the 28th and 29th.  Temperatures on Christmas Day 2006 ranged from 43 degrees down to 11 degrees.  Are we looking at a White Christmas 2007?AND...  Christmas trees are edible. Many parts of pines, spruces, and firs can be eaten. The needles are a go... 12/21/2007

As of Dec 19 we have about 900 Single Family Detached, with 120 under contract. So of 911 homes only 29 are bank owned/REO, and 10 of those are under contract. There are much higher foreclosure rates East of us, in Weld County.  When staggering numbers of Weld are added.2500 sfd currently on the market, only a 100 under contract and Bank Owned?.... 349!, Lumping the two locales together paints an inaccurate picture of our market.  12/19/2007

Four items face planning, zoning board, an article from The Coloradoan, reports that Fort Collins planning and zoning board will consider a convenience store with a gas station and fast food restaurant, a long-term care facility and Colorado State University's plan for a research campus on the southwest corner of Interstate 25 and East Prospect Road.  The plan for CSU's research campus includes 25 acres for AVA Solar, which would manufacture solar photovoltaic panels and promises to bring between 600 and 700 jobs to Northern Colorado.  Kevin Frazier plans to develop the long-term care facility on 19 acres north of East Vine Drive.  Known as Liberty Farms, the facility includes 50 independent senior-living units and 250 units of mixed care.  The convenience store, East Ridge C-Store, is ... 11/27/2007

Here is a picture from this weekends shoot of House Hunters!  You can see this episode next year!!Director, Filmer, Sound, 1/2 of the Buyers!  What a fun weekend this was.  It was a lot of hard work but super fun!   Local pair to go on house hunt for HGTVhttp://www.coloradoan.com/apps/pbcs.dll/article?AID=/20071110/BUSINESS/711100344/1046/CUSTOMERSERVICE02  11/12/2007

WOW.  Next week i will be filming the first part of the House Hunters TV show featuring My clients and Myself.  This should be a very fun experience!  I can't believe how lucky i am to be doing this.  My clients are really pumped too.  It should be cool to be able to show their kids (when they have some years from now)  how mom and dad picked out and purchased the home they are in on a TV show.  If you have not seen the show check out the premise and watch 5 minutes of an episode at http://www.hgtv.com/hgtv/shows_hnt/  I hope to have my filmer following me around and taking pictures of the process but i am not sure that house hunters is ok with that.  If they are i will be blogging the progress here.  We will be looking at houses in the Beautiful Historic area of Old Town in Fort Collin... 11/02/2007

Short sales take to much time! i have been working on a short sale now for a month and 10 days and the bank still dosn't have a good answer for me. So we wait! I just don't understand why the bank doesn't figure out if they don't take my offer they will be short another 20k 10/18/2007

Developers in two-part Harmonyhttp://www.ncbr.com/article.asp?id=88903   Corridor on Route: City hope to have Mason Corridor Project finished by 2010http://www.greeleytrib.com/article/20071002/NEWS/110020091   Business expo offers array of activities for professionals, familieshttp://www.greeleytrib.com/article/20071002/NEWS/110020107   Urban development in Weld on tablehttp://www.timescall.com/News_Story.asp?id=3766   Last chance to voice opinion on budgethttp://www.coloradoan.com/apps/pbcs.dll/article?AID=/20071002/NEWS01/710020328/1002   Chasm grows between home lenders and self-employedhttp://www.usatoday.com/money/economy/housing/2007-10-01-self-employed-buyers_N.htm   Dow Hits New Recordhttp://www.businessweek.com/investor/content/oct2007/pi2007101_844049.htm?chan=investing_invest... 10/02/2007

Old Town Real Estate Market Conditions for August 2007 We here at The NoCo Real Estate Team continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Old Town Fort Collins real estate statistics for the month of August. New Listings on the market:             43Total number of Active Listings:        60Number of homes entering Escrow:    21Number of homes closing Escrow:      12Number of homes expiring:              14Average Days on Market (Solds):      44 To find the value of your home with a free, over-the-net home evaluation, please visit:  www.nocohomevalues.com  If you would like a free list of homes for sale in Old Town Fort Collins or be the first to know about hot new listings before other buyers do,... 09/06/2007

This is unquestionably one of the most challenging times in the annals of mortgage lending. As such, this communication is the first of a series that will outline how Countrywide®, America's Wholesale Lender® is navigating through this challenging market. Additionally, it is my desire that these ongoing communications will share some perspective that will help you to adapt and prosper in the current mortgage lending environment. Countrywide in the News First, I would like to take a moment to address some recent developments that have strengthened our ability to serve both you and your borrowers. Bank of America Investment in Countrywide - On August 22, Bank of America invested $2 billion in Countrywide in the form of non-voting, convertible preferred securities. It is important to note ... 08/30/2007

According to NAR, our area is NOT a buyers market, or a sellers market. Hmmmm. I think it is a buyers market, but that's just my opinion. 9 out of 10 local agents would agree. That said, our  local job market in Larimer County, which includes Fort Collins and Loveland, has added over 3500 jobs which is ironically the exact number of homes on the market. There were 1466 homes sold, 358 new homes built, with avg days to sale at 116. While the avg sale price dropped slightly from 282,300 to 282,100 it is becoming clear to buyers in bubble markets that the dollar goes much further here, and with over 300 days of sun a year, we are the place to relocate to. Zip codes 80513, and 80549 experienced over 20%  positive change in avg sale price while 80540 experienced the opposite, a negative chan... 08/30/2007

The foreclosure market in our area has grown and my clients looking for deals are finding just that. With my local knowledge and experience working with banks, I have found some amazing opportunities for investors, and first time buyers alike. I am talking tens of thousands in discounts off of Conservative market values. Banks are up against a wall with all the REO inventory they have to unload and with the right offer they are ready to cut their losses. I have seen HUGE concessions made for those bold enough to waive their inspection. While this is generally not recommended, I have seen savvy investors doing an inspection of sorts during the showing process. The banks seem to respond well to this approach. If a contract fails it is usually because of inspection issues, and when a prope... 08/22/2007

This graph shows our inventory and the average days to sale. The condo/attached dwelling and commercial markets are not included in this analysis. In my experience the market is experiencing an upswing that can be attributed to seasonal activity. There is an alarming number of short sales on our MLS, close to 60 with 10 of those under contract. There are also 60 Bank owned on our MLS, and dozen of those are under contract. I expect those numbers to rise, as foreclosure activity increases. There are 14 million homes in foreclosure, nationwide, and another 14 million loans are set to adjust this year. It is hard not to blame the lenders who wrote all of these bad loans, and I see this as a byproduct of the lack of oversight in the mortgage industry. Agents are licensed and regulated and m... 08/22/2007

Unemployment is trending downward, and growth in the commercial sector is chugging along in SE Fort Collins. It really is a great time to buy, as high foreclosure rates have brought down prices and sellers are scared. Plans for urban renewal, and development in North and North West Fort Collins further augment the growth in Northern Colorado. Smart investors are snapping up foreclosed property, and waiting for the boom.  As an investor myself, I personally feel signifigant appreciation is on the horizon for this area. I would not be suprised at upwards of 25% appreciation in the next 5 years. The Northern Colorado Business Report has compiled the following list of local economic indicators. http://www.ncbr.com/docs/EconombngtricIndicators.pdf    08/19/2007

Plans unveiled for Harmony Road, I-25Another story in the Daily Reporter-Herald reports that an $800 million development, informally named "H25," has been proposed for the area southwest of the Harmony Road interchange at Interstate 25 in southeast Fort Collins. The development has not been approved by the city of Fort Collins, but the developer, Jay Stoner, said city officials have been supportive so far. He is not sure when the proposed project will go in front of the Fort Collins City Council.  Stoner estimates the project will be completed in five to 10 years. http://www.reporterherald.com/region-story.asp?ID=11763 OF Course we also want to announce the NEW Keller Williams office will be here.   08/17/2007

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. ... 07/30/2007