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DID YOU KNOW ????

by Team Cook

THERE WERE 366 AREAS SURVEYED, AND THE FORT COLLINS-LOVELAND MSA RANKS NUMBER 2 NATIONALLY FOR THE PROJECTED ANNUAL EMPLOYMENT GROWTH BETWEEN 2010 AND 2040, OR A RATE OF 2.27 PERCENT.  

LEADING FACTORS THAT HAVE PEOPLE CHOOSING TO BUY SOONER THAN LATER ARE:

  • 33% ARE EXPECTING HOME PRICES TO INCREASE
  • 39% EXPECT MORTGAGE RATES TO RISE IN THE NEXT YEAR
  • 48% EXPECT RENTS TO GO UP
  • 44% EXPECT THEIR PERSONAL FINANCIAL SITUATION TO IMPROVE IN THE NEXT YEAR.

DID YOU KNOW?

by Team Cook

Many people who foreclosed on their homes are being left with no other choice but to rent. Renting single-family homes is the fastest growing segment of the rental market from 2005 to 2010, according the research at Fannie Mae.

John Burns, Real Estate Consulting estimates that between 2010 and 2015, there will be three million former homeowners that will likely rent single-family homes.

"In the next five to ten years, you'll see tens of billions, if not hundreds of billions, of dollars of private equity" pouring into the single-family rental business, Justin Chang, principal of investment firm Colony Capital, told USA Today.

If you are interested in learning more about becoming independently wealthy, call or email me today!

Kevin J. Cook
teamcook41@teamcook.biz
970-227-0056
 

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Team Cook Real Estate Services
The Cottage Realty Ltd.
908 Mountain Avenue
Berthoud CO 80513
970-532-2695
Fax: 970-532-2699

"I have truly heard and seen first-hand that Cottage Realty is wonderful, exemplary, and a real asset to the economy of Northern Colorado. I will definitely keep Cottage Realty in mind as my first choice if and when I have real estate needs in the future. Again, thank you so much. I will also refer you to friends and family who need your services. Sincerely...Stacy"