
Home affordability is receiving a boost from across the Atlantic Ocean this spring.
Your # 1 Source for Real Estate in Northern Colorado.

Economists believe the strength of the 2012 housing market will be closely tied to jobs. If they’re right, the housing market is ripe for a boost.

It’s a risky time to be without a locked mortgage rate — especially with the pending release of January’s Non-Farm Payrolls report.
Single-family housing starts climbed 4 percent last month to 470,000 units on a seasonally-adjusted, annualized basis. This is the highest number of Single-Family Housing Starts since April 2010 — the last month of last year’s home buyer tax credit.

Will your home gain value over the next 12 months? Nobody can know for sure, but should recent housing trends continue, there’s concrete reason for optimism.
The Federal Reserve has released the minutes from its most recent Federal Open Market Committee meeting. December’s Fed Minutes shows Fed members with a positive, cautious, take on the economy.
Low home prices and mortgage rates have combined to push home affordability to record levels nationwide. Home buyers are taking advantage.

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