Your Community Connection - Presented by: Lindsay Chacon

YOUR COMMUNITY CONNECTION June Newsletter 2021 Issue 33

Terminology Tip - Earnest money Also called a “good faith” deposit, these are funds held by a neutral party to demonstrate the buyer has serious

L O C A L R E A L E S TAT E S TAT I S T I C S R E G I O NA L S NA P S H O T A N N UA L A P P R E C I AT I O N

FORT COLLINS/LOVELAND

interest in purchasing a property.

128.9% INCREASE SINCE 2001

GREELEY 117.4% INCREASE SINCE 2001

DENVER 172.3% INCREASE SINCE 2001

Fun Fact/Quote – The average down payment for a new home is $59,880

Colorado #16 of all US States Whether you love where you live or you’re thinking about moving to or from Colorado, the Best State Rankings from U.S. News & World Report shows Colorado in the top 20. Colorado ranks 16th in the nation based on seven metrics – drawn from thousands of data points – according to U.S. News & World Report.

Categories evaluated for the ranking include state performance on health care, education, state economy, infrastructure, public safety, fiscal stability of state government, and the opportunity the state brings its residents.

“Health care and education were weighted most heavily. Then came state economies, infrastructure, and the opportunity states offer their citizens. Fiscal stability followed closely in weighting, followed by measures of crime and corrections and a state’s natural environment,” writes U.S. News & World.

Overall, Colorado has the eight largest land mass covering 104,095 square miles and is home to more than 5.75 million people who have a median income of $38,200. Colorado’s gross domestic product (GDP) is $393 billion.

State rankings on each of the metrics ranges widely from No. 2 in economy to No. 45 in fiscal stability.

Following are details on each category.

Health care Colorado ranks tenth nationwide in health care, US News’ highest-weighted metric. Factors considered are access and affordability, health care quality and health outcomes.

Our Northern Colorado Featured Listings

4872 Haystack Dr, Windsor

1000 Rock Ridge Ln, Loveland

6248 Buchanan St, Fort Collins

8236 County Road 74, Windsor

3400 Glade Rd, Loveland

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5 Beds/5 Baths/4538 SF $1.6MIL, MLS 941753

4 Beds/3 Baths/3082 SF $560k, MLS 942368

6 Beds/7 Baths/9595 SF $3.6MIL, MLS 942637

5 Beds/4 Baths/2665 SF $739K, MLS 942242

273 Green Mtn Dr, Loveland

309 Telluride Dr, Windsor

2118 Thunderstone Ct, Fort Collins

2454 Rouen Lane, Johnstown

1783 Horseshoe Dr, Loveland

3 Beds/3 Baths/2716 SF $690k, MLS 939289

4 Beds/3 Baths/3365 SF $569k, MLS 942459

4 Beds/4 Baths/2069 SF $475K, MLS 941448

3 Beds/3 Baths/4009 SF $500k, MLS 940245

3 Beds/2 Baths/2982 SF $435k, MLS 942633

Education The second most heavily weighted factor is education. Colorado achieved the No. 5 position in the nation for its performance in educating students in preschool, K-12 and different levels of higher education.

Prepare yourself for summer nights, rodeos, concerts and funnel

Economy With its years-long low unemployment, it’s not surprising that Colorado’s economy is the second in the country, as measured by the US News metrics of unemployment rates, GDP growth, migration into the state, patents, new businesses and other measures. The top-ranked economy is Utah and Idaho at is third, rounding out the top three.

cakes — the 99th annual Greeley Stampede is just two months away.

The 2021 Superstars Series lineup at the Greeley Stampede will feature performers Dwight Yoakam, Dylan Scott, 3 Doors Down, HARDY

Infrastructure Colorado is a respectable fifteenth in infrastructure ranking. This measures the quality of bridges, public transportation, power grids and broadband.

and Lauren Alaina. TobyMac will headline the 2021 Greeley Stampede Faith and Family Night concert.

The 99th annual Greeley Stampede

Opportunity According to this report – at 41st – Colorado is ninth from the bottom nationwide for the opportunity ranking. The opportunity metric measures the state’s poverty, housing affordability and equality for women, minorities and people with disabilities. Iowa, Minnesota and New Hampshire rank as the top three states on this measure.

opens Thursday, June 24 and runs through Sunday, July 4, 2021.

Saturday, June 26 3 Doors Down with Romero Sunday, June 27 TobyMac with Face Vocal Band

Fiscal stability This ranking tracks the state government’s credit ratings, liquidity, pension fund liability and budget balancing. Colorado is 45th in the nation.

Crime and corrections The state ranks No. 41 on an analysis of its public safety and the quality and fairness of prison systems, including racial bias.

Thursday, July 1 Dwight Yoakam with Ian Munsick Friday, July 2 Dylan Scott with Ingrid Andress Saturday, July 3 HARDY and Lauren Alaina Along with the SuperStars Concert Series, tickets to the PRCA ProRodeo Series presented by JBS,

Natural environment In a state loaded with natural beauty and some of the country’s tallest mountains, Colorado should be at the top of this category. The state came in at 23rd in the nation for this measure, which is based on air and water quality and exposure to pollution and toxins. The top three are Hawaii, New Hampshire and South Dakota.

Methodology used for the overall Best State ranking from U.S. News & World Report considers 71 metrics across eight categories and 20 subcategories.

PRCA Xtreme Bulls, American Bull Fighting and Demolition Derby will be available as well as carnival season passes.

The Greeley Stampede continues to work with state and local government to stay up-to-date on safe event guidelines and practices.

Right now, the Greeley Stampede is planning to spread events around the park more to promote social

See the full report at usnews.com/news/best-states/rankings.

distancing, schedule additional cleaning of high traffic areas and will have hand sanitizing stations

Source: Reporter Herald

throughout the park.

Source: 9News.com

PRSRT STD US POSTAGE PAID GREELEY, CO PERMIT 92

2720 Council Tree Ave, #178, Fort Collins, CO 80525

YOUR COMMUNITY CONNECTION NEWSLETTER JUNE 2021 RESIDENTIAL | COMMERCIAL | PROPERTY MANAGEMENT | LENDING

Five convenient locations including Summit County to serve you.

FORT COLLINS Front Range Village

FORT COLLINS Old Town

2720 Council Tree Ave., Suite 178 Fort Collins, CO 80525 Phone: (970) 225-5152 Fax: (970) 225-5170

200 S. College Ave., Suite 160 Fort Collins, CO 80524 Phone: (970) 689-3521 Fax: (970) 568-8079

JOHNSTOWN

LOVELAND

BRECKENRIDGE

4864 Thompson Pkwy, Johnstown, CO 80534 Phone: (970) 667-2509 Fax: (970) 667-2802

209 E. 4th Street Loveland, CO 80537 Phone: (970) 800-3181 Fax: (970) 800-3934

100 North Main Street, Suite 103 Breckenridge, CO 80424 Phone: (970) 453-5500

Lindsay Chacon Realtor®, CNE, CMRS 970-631-3458 lindsaychacon@outlook.com

Information is deemed reliable, but not guaranteed. © 2021 C3 Real Estate Solutions, LLC.