Northern Colorado Real Estate Update

1. Brandon Wells
bwells@thegroupinc.com

2. • Larimer: Sept 2018 = 199,974
• Larimer: Sept 2019 = 205,426
Larimer Co. Employment
5,452 2.6% 1.9%
Growth Rate UnemploymentEmployed +/-
4,149 2.0% 2.8%Sept 2018
Sept 2019
Growth Rate UnemploymentEmployed +/-

3. • Weld: Sept 2018 = 163,617
• Weld: Sept 2019 = 167,825
Weld Co. Employment
4,819 2.5% 2.0%
6,429 3.9% 3.0%Sept 2018
Sept 2019
Growth Rate UnemploymentEmployed +/-
Growth Rate UnemploymentEmployed +/-

4. 2019 Interest Rate Forecast
2019 Interest Rate Forecast

5. 2019 Interest Rates
3.75%

6. 6%
5.5%
$428,182
2019 Rolling 12 Months
Fort Collins
Market Performance
Average Sales Price - Attached / Detached

7. 6%
Fort Collins
Market Performance
Homes Sold
-10%
Attached / Detached
Inventory Under Contracts
8.1% -3.7%
YTD Q3 - YOY Q3 - YOY

8. 3%9%
Loveland
Market Performance
Average Sales Price - Attached / Detached
$407,089
2019 Rolling 12 Months

9. 6%
Homes Sold
-3.5%
Attached / Detached
Inventory Under Contracts
Loveland
Market Performance
28.4% 3.6%
YTD Q3 - YOY Q3 - YOY

10. Average Sales Price - Attached / Detached
-3%11%
Windsor / Severance
Market Performance
$417,346
2019 Rolling 12 Months

11. 6%
Homes Sold
6.3%
Attached / Detached
Inventory Under Contracts
Windsor / Severance
Market Performance
15.8% 33.6%
YTD Q3 - YOY Q3 - YOY

12. 8.5%10%
Greeley / Evans
Market Performance
Average Sales Price - Attached / Detached
$303,167
2019 Rolling 12 Months

13. 6%
Homes Sold
2.4%
Attached / Detached
Inventory Under Contracts
Greeley / Evans
Market Performance
4.9% 4.8%
YTD Q3 - YOY Q3 - YOY

14. 12% -1.5%
Average Sales Price - Attached / Detached
Timnath
Market Performance
$584,299
2019 Rolling 12 Months

15. 6%
Homes Sold
13%
Attached / Detached
Inventory Under Contracts
Timnath
Market Performance
14% 57%
YTD Q3 - YOY Q3 - YOY

16. 12%-3%
Average Sales Price - Attached / Detached
Berthoud
Market Performance
$451,409
2019 Rolling 12 Months

17. 6%
Homes Sold
37%
Attached / Detached
Inventory Under Contracts
Berthoud
Market Performance
-9.9% 16.3%
YTD Q3 - YOY Q3 - YOY

18. 10%2.5%
Average Sales Price - Attached / Detached
6%
Wellington
Market Performance
$356,241
2019 Rolling 12 Months

19. 6%
Homes Sold
27.3%
Attached / Detached
Inventory Under Contracts
Wellington
Market Performance
71% 19.5%
YTD Q3 - YOY Q3 - YOY

20. 6%9%
Average Sales Price - Attached / Detached
Ault/Eaton/Johnstown/Kersey/La Salle/Mead/ Milliken
Market Performance
$374,976
2019 Rolling 12 Months

21. 6%
Homes Sold
12.7%
Attached / Detached
Inventory Under Contracts
-10%
Ault/Eaton/Johnstown/Kersey/La Salle/Mead/ Milliken
Market Performance
YTD Q3 - YOY Q3 - YOY
-9.5%

22. Annual Appreciation - Fort Collins / Loveland
2013-2018 Home Price Index
3Q’18 4Q’18 1Q’19 2Q’19
3.05 0.45 0.42 2.30 = 6.22%
2013 2014 2015 2016 2017 2018

23. Annual Appreciation - Greeley
2013-2018 Home Price Index
3Q’18 4Q’18 1Q’19 2Q’19
3.79 1.96 -0.10 2.11 = 7.76%
2013 2014 2015 2016 2017 2018

25. Thank You
Slides Download Link:
TheGroupInc.com/CSU2019