I would like to know about house prices change (possible drop in prices) in Fort Collins COThank you,Di?

OK, first off, I'd probably buy now, due to the normal cycle of home prices here in Fort Collins. In the winter, home prices are lower, in the spring and summer, they're higher. That's just normal. We have had a very, very modest appreciation in the past year - approximately 2% from last year. Also, we've sold a little over 2% more homes than last year, based upon the Multiple Listing Data. It is true that we're not expecting much of the negative appreciation that the rest of the country has, and this is primarily due to the fact that we didn't have the appreciation boom that other parts of the country have had, therefore don't have as much to correct. Another reason that we're doing better is the proliferation of strong companies that are moving here/have recently moved here. One of the reasons for us being able to attract such companies is that we're a very educated workforce, and we have a relatively inexpensive cost of living. Another is that we live so close to so many outdoor activities. Here's the biggest reason to consider purchasing now. There are a few foreclosure homes out there that you can purchase for 80% of value, and, when coupled with the prediction that we're expecting up to 30% appreciation in the next 3 - 4 years, you can potentially realize a VERY nice gain. I'm encouraging everyone I know to buy now if it's something they can comfortably do. Whether or not they use me as their agent, I like to get good information out there. Please feel free to write me if you have questions - if it's not the right time for you to buy, I won't hesitate to tell you that's what I believe. I just want to be able to give you the tools so you can make the right decision for YOU.