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[MARKET UPDATE] Front Range Real Estate July 2019

Wednesday, July 3, 2019   /   by Kevin Schumacher

[MARKET UPDATE] Front Range Real Estate July 2019


Colorado Market Trends

Want More Info or to Check Another City? Click Here to View a Detailed Real Estate Market Report

Is Mortgage Debt Out of Control?

The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash.

When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the value of their home). As a result, they walked away. This caused prices to fall even further.

Headlines are again talking about record levels of mortgage debt, making the comparison to the challenges that preceded the housing crash. However, cumulative debt is not an important data point. If we look at the debt as a percentage of disposable personal income, we are at an all-time low.

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4th of July Fun in the Colorado Front Range

If you are still deciding on your 4th of July plans for tomorrow, or not sure on the best spotto watch fireworks following your 4th of July BBQ, use this mega list we've compiled that lists everything there is to do trhoughout the Colorado Front Range! 

From all of us at the Kevin Schumacher Team, we hope you have a safe and happy Independence Day!

 

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Featured Kevin Schumacher Team Home Listing

Colorado Market Trends
5151 29th Street #1208, Greeley, CO 80634

Well maintained 2nd floor condo featuring vaulted ceilings, an open floor plan, and large living room with an abundance of natural lighting, gas fireplace & entrance to the balcony. 1 car attached garage and extra storage. Great as an investment or main residence!
 
Owners at Pinnacle have access to a variety of amenities including the clubhouse, pool, hot tub, sauna, park and gym. A large variety of shopping and dining is nearby as well as the brand new UC Health medical facility.


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Home Value  

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All data is based on information from IRES inc, METROLIST inc, DBA RECOLORADO® and Matrix v7.1. CoreLogic. Data reflected includes attached dwellings in each cities market. The Terrell Davis Group does not provide any guarantee and is not responsible for accuracy. Data maintained by IRES inc. and METROLIST inc. may not reflect all real estate activity in the market.


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The Kevin Schumacher Team at EXP Realty, LLC
1615 Foxtrail Drive, Ste 260
Loveland, CO 80538
720-230-3030

Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2020 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or eXp Realty LLC. *Not intended to solicit buyers under buyers agency, not intended to solicit listings currently listed.*The statements and opinions contained in this advertisement are solely those of the individual author and do not necessarily reflect the positions or opinions of eXp Realty, LLC, or its subsidiaries or affiliates (the “Company”). The Company does not assume any responsibility for, nor does it warrant the accuracy, completeness or quality of the information provided.
Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2020 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 1, 2020 11 AM. Information deemed reliable but not guaranteed by the MLS or Kevin Schumacher - The Kevin Schumacher Team / EXP Realty, LLC.
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