October 2012 Market Report - Affordable Homes in Loveland CO

By
Real Estate Broker/Owner with New Paradigm Partners LLC EB #1326335

Here is the October 2012 Market Segment Report for

Loveland CO Affordable Homes.

First time home buyers, renters who realize that home ownership is a better deal than paying rent, or those on a limited budget will want to take a look at the inventory of Loveland CO Affordable Homes - they will find some great opportunities to own a home of their own at a price they can afford.

October 2012 - Affordable Homes in Loveland CO

Loveland CO has a large current supply of affordable homes, with 173 homes on the market, ranging in price from $38,000 to $200,000. There is an excellent variety of choice in location, size, condition and style, and additional homes are added to the inventory frequently.

This segment of the Loveland CO real estate market has performed very well so far in 2012 – there have been 482 sales of Loveland CO Affordable Homes, with prices ranging from $38,000 to $200,000, with a median price of $169,250 and an average price of $160,878. Average days to get an offer for the homes that sold has been 66 days, with an average days on the market of 97. These 482 homes sold for an average of 98.2% of listing price.

Because there are constant changes in the inventory of affordable homes, if you would like to stay abreast of what is coming on the market, give us a call and we'll set up an on-going search especially for you, with your own customized web site - you'll be notified as soon as new listings are posted. And we’d be happy to show you any of these homes that look like they might work for your needs, so give us a call to set up a showing at your convenience.

Posted by
Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

Ā 

Data Source: IRES MLS

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Rainmaker
843,433
Lyn Sims
RE/MAX Suburban - Schaumburg IL Real Estate - Northwest Suburbs of Chicago - Schaumburg, IL
Schaumburg Homes

Great market report. You are the go-to team for Loveland Homes.

Oct 27, 2012 07:41 AM #1
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Debb Janes
The Carl Group, LLC - Camas, WA
REALTORĀ®, EcoBroker Camas, Washington

So true Dick. I've got a client now who has a chunk of money in the bank ( from a recent home I listed and sold for her) and she's reluctant to reinvest - but she's spending 1200 a month on rent. I keep working at the education process with her --- why? why? why? So many affordable homes make it less expensive than renting. 

Oct 27, 2012 08:23 AM #2
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Suzanne McLaughlin
Sabinske & Associates, Inc. (Albertville, St. Michael) - Saint Michael, MN
Sabinske & Associates, Realtor

These homes are very affordable.  But, they all must have one acre or less.  This price range is within so many people's reach, and I hope you and Mary can sell LOVELAND!

Oct 27, 2012 11:25 AM #3
Rainmaker
1,133,131
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
PasadenaCA Real Estate Representation 818.516.4393

Hi Dick -- that's quite a bit of inventory available for those who are in a position to make the move from renting to owning.    

Oct 27, 2012 12:21 PM #4
Rainmaker
1,160,655
Kevin B. Tolbert PA Team
Keller Williams Realty of Port Saint Lucie - Saint Lucie West, FL
New Home Construction and Luxury Specialist!

I see your homes are selling right at asking.  Ours are normally above about 107% due to biddings.

Oct 27, 2012 02:30 PM #5
Rainmaker
1,181,719
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Good Morning Dick, affordable homes is a good thing as that is a huge segment that my buyers are looking for. Have a good day

Oct 29, 2012 06:05 AM #6
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Dick Greenberg

Northern Colorado Residential Real Estate
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