The real estate market is tapping the brakes when it comes to pricing.
Home price gains have slowed down by 50 percent, according to the Federal Housing Finance Agency (FHA).
The FHA’s House Price Index increased 4.6 percent annually in August, which is lower than 5 percent increase in July, slashing the month-to-month gain to .2 percent.
The index measures price changes in percentage points from specific start dates.
This advantageous period in the market may have you thinking if now’s the time to buy in Fort Collins. With interest rates as low and competitive as they are today, there may be a perfect storm brewing for new buyers to enter the market with new confidence.
If you haven’t already, we invite you to check out everything Fort Collins can offer. Home to Colorado State University, countless outdoor destinations and a fantastic food and shopping scene, there’s so much to love and explore.
Our local approach to lending provides our customers the support and attention to detail they deserve as they begin the home-buying process. When you work with us, you’re partnering with professionals who possess the local presence and knowledge to expertly and successfully navigate today’s market.
Please do not hesitate to reach out to us to learn more.