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Loveland Colorado Home says "SOLD"!

by Team Cook

Team Cook just sold this fantastic ranch-style Built-Green home built by Aspen Homes of Colorado!

4355 Ridgway Drive - Loveland
Kendall Brook
SOLD!!!

WANT TO KNOW THE VALUE OF YOUR HOME?! PLEASE VISIT WWW.NORTHERNCOLORADOHOMEVALUES.COM


 

IS NOW THE BEST TIME...???

by Team Cook

IS NOW THE BEST TIME TO PURCHASE INVESTMENT PROPERTY???

Definitely, there are a lot of affordable homes to choose from, and there are many tenants seeking a place to call home.

With the current real estate slump, many are wondering of the opportunities it brought. There has to be some light after all the real estate nightmare, right? Well, there are indeed opportunities presenting themselves in different ways. For one, there are a lot of inexpensive properties. Another, there are a lot of renters. Finally, many are seeking to purchase inexpensive homes.

With this information in mind, we can say that now is a perfect time to purchase an investment property. There are several reasons why now is a good time to purchase such property. Here are some of them:

1. Properties are affordable. If you intend to purchase properties to be rented, now is a good time because you will easily find affordable properties. If you have financial resources, you can purchase wholesale properties. You have to be careful though. Most properties that are sold very cheaply are in very poor condition. So make sure that check the state of the property before you purchase it.

2. The interest rates are low. This makes the properties more affordable. This would mean that the payment you will make in the future will be more bearable.

3. There are a lot of renters. This is because the homeowners who lost their homes due to foreclosure are now seeking for properties to rent. If you have noticed, the vacancy rates today are low. This means that it will be easier to find tenants. And when there are more tenants, it will be easier to find good ones. There is a competition among tenants today. Since this is the case, more tenants will be willing to follow the rules you set. This makes the management easier.

4. Managing the rental properties is easier. Aside from the fact that there are good tenants out there, it would be easier to manage rental properties today because of the different property management available. You can choose to outsource the management of the property especially if you do not want to wake up in the middle of the night to check on the plumbing of your renters. The property manager will take care of that. In addition, he will look for tenants, screen them, prepare the property, collect rent and make sure that your property is earning.

5. You can hold on to the property and sell it for a better value once the real estate market gets better. Aside from having the property rented, there are other means to make earnings from investment properties. You can make improvements and sell the property at a better price. You can also hold on to the property for a while by having it rented and sell it again when the real estate market gets better.

Although the real estate slump has left a lot of property owners broken hearted, it has paved way for opportunities for investors and even those who wish to start investing. Now is the best time to purchase investment properties because aside from the fact that the properties are more affordable, there are also a lot of tenants seeking good homes.

By Bobby Price
Published: 2/25/2010

Consider purchasing a home in Northern Colorado. Visit:

http://lovelandcorealestate.com/free_email_updates
to find your next home!

Homes for Sale in Loveland Colorado

by Team Cook

Team Cook just listed this beautiful ranch-style home in Loveland, Colorado!

1210 Ida Drive - Loveland, Colorado



TAKE A VIRTUAL TOUR HERE!

NOT THE HOME YOU WERE LOOKING FOR?! VISIT: 
http://lovelandcorealestate.com/free_email_updates 
TO FIND YOUR DREAM HOME!

Fannie Mae Study Finds Americans Still Aspire to Homeownership

by Heather Hill Cernoch

According to a study released by Fannie Mae, most Americans strongly desire to own homes and maintain homeownership, but a number of factors, including financial caution and shrinking households, continue to contribute to willingness to rent.

"Despite Americans’ strong desire to own their homes, our study reveals that life events are greatly influencing families’ decision to rent," said Doug Duncan, Fannie Mae VP and chief economist. "This trend, coupled with the housing crisis, has caused consumers to approach homeownership with greater caution and thoughtfulness."

The Fannie Mae 2010 Own-Rent Analysis is based on research wit homeowners and renters (including focus groups and a quantitative survey) during July and August 2010, U.S. Census Bureau data, and micro-and macro- economic parameters. According to the study findings, 51 percent of current owners and renters say the housing crisis has not affected their overall willingness to buy a home over the long term, but Americans have near-term doubts about buying.

Overall, according to Fannie Mae, one-third of Americans (33 percent) would be more likely to rent their next home than buy, up from 30 percent in January 2010. Among renters, 59 percent said they would continue to rent compared to 54 percent in January 2010.

Shifting U.S. demographic and lifestyle trends, including shrinking numbers of married couples and fewer households with children, correlate to housing decisions that may have long-term implications for the housing market, according to Fannie Mae’s research analysis.

"The data in the analysis aligns with what we’re seeing in the market," said Ken Bacon, EVP of Fannie Mae’s multifamily mortgage business. "More Americans are viewing rental housing as an attractive and sustainable housing option. As a result, we remain focused on helping America’s working families-many of whom have incomes at or below the median in their communities-live in quality, sustainable, affordable rental housing."

The study also revealed that the majority of homeowners (89 percent) and nearly half of renters (44 percent) say they would be better off owning their homes given their current financial situations.

Market research firm Penn Schoen Berland, in partnership with Oliver Wyman, conducted telephone survey interviews with 2, 041 members of the United States general population, plus 1,566 additional respondent from geographic areas of interest, to complete the study, which compares current consumer actions, attitudes, and financial considerations with historical consumer behaviors, market experience, and economic conditions.

***Courtesy of DSNEWS.com 12/13/2010

Homes for Sale in Wellington Colorado

by Team Cook

Team Cook just listed this beautiful ranch-style home in Wellington Colorado!

This home was built in 2005 and features 3 bedrooms,
2 baths, and a 2 car garage.

TAKE A VIRTUAL TOUR! 

WANT TO FIND YOUR DREAM HOME?! VISIT WWW.NORTHERNCOLORADOHOMESFORSALE.COM

 

HAPPY NEW YEAR!

by Team Cook

FROM OUR FAMILY TO YOURS...
HAPPY NEW YEAR!!!

DR. LAWRENCE YUN CHIEF ECONOMIST

by Team Cook

Dr. Lawrence Yun Chief Economist for the National Association of Realtors joined Kevin & Connie at the Moot House in Fort Collins after his presentation on the state of the local and national real estate markets.

Dr. Yun has been recognized as one of the top 10 economic forecasters in the country. Call us for some of his forecasts!

HOMES FOR SALE IN LOVELAND UNDER $100,000!

by Team Cook

CHECK OUT THE AVAILABLE HOMES IN LOVELAND THAT ARE PRICED UNDER $100,000.00!!!!

CLICK HERE!

DON'T SEE THE HOME YOU WERE LOOKING FOR?!

CLICK HERE TO SEE MORE AVAILABLE HOMES!

Timnath Ranch Homes

by Team Cook

Check out the available homes in Timnath Ranch!

CLICK HERE!

IS IT THE RIGHT TIME TO BUY A HOME?

by Team Cook

Displaying blog entries 171-180 of 360

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Contact Information

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"