What a beautiful day it is here in the Fort! Can you believe it’s 70 degrees in January?

Anyhow, today’s blog is based around foreclosures in Fort Collins and taking a deeper look at what the market is like. To give those of you who do not live in Fort Collins a little idea about the city, here are some facts:

-65 miles north of Denver

-4th most populous city in Colorado

-Home to Colorado State University

-Name Money Magazine’s Best place to live in 2006, 2008, and 2010.

-In 2013, the U.S. Census estimated about 143,986 people

So you ask, what does this have to do with the foreclosure market? A quick search on Zillow and Realtor.com reveals 12 homes currently on the market as of this afternoon. 12? That’s not very many…

Most of the foreclosures are the typical family homes, 3 bedroom, 2 baths and under $400,000. In total, Zillow listed 94 homes that have been on the market and either in foreclosure, pre-foreclosure, auction, or bank-owned stages for quite some time. In summary, this tells you that the housing market in Fort Collins is healthy. Since the year 2000, the number of sales per year has remained pretty constant and the median sales price has grown.