Northern Colorado Home Buyers Guide | 2025

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REALTORS

Angie Spangler

Broker Associate

CLHMS, CRS, CNE, Green Cell: 970-402-6430

angiespangler@remax.net

Brian Lantis

Broker Associate Cell: 970-799-9468

brianlantis@remax.net

FortCollinsRealEstateByAngie.com

• The Angie Spangler Team advocates for Sellers and Buyers working in their best interest.

• We have 24 years of experience in local, residential real estate sales representing a diverse range of clients and properties.

• We service all of Fort Collins and Northern Colorado providing clients with exemplary customer service & representation.

• Call today to find out how we can help you with your real estate needs.

Representing Sellers and Buyers in Northern Colorado since 2001!
Angie Spangler Team
The

A look in the cloudy crystal ball Is 2025 the year for you to buy? Inventory is up and sellers are offering incentives. Also, Northern Colorado is a great place to live. Explore your options.

Buying a home in 2025

The market for home buyers looks more promising now than in recent years. Buyers still need to look at key factors before deciding to purchase such as: Interest rates, higher insurance rates, contingency offers and financing.

PUBLISHERS

Greg Hoffman greg.rmpublishing@gmail.com

Scott Titterington scott.rmpublishing@gmail.com EDITOR Kristin Titterington kristin.rmpublishing@gmail.com

CREATIVE

Emily Zaynard emily.rmpublishing@gmail.com

ADVERTISING

Northern Colorado Home Buyers Guide 2025 is a special publication of Rocky Mountain Publishing, Inc. Publication of this magazine does not constitute an endorsement of the products or services advertised. RMP reserves the right to refuse any advertisement for any reason. The opinions expressed by contributors or writers do not necessarily reflect the opinions of Rocky Mountain Publishing.

Inc. All rightsreserved. Reproduction without express written permission is prohibited.

Finding the Right Realtor

FINDING THE RIGHT

REALTOR in Northern Colorado is essential to navigating the region’s competitive real estate market and is always a critical step in securing your dream home or making a successful sale in Northern Colorado. It is essential to navigating the region’s competitive real estate market.

Laura Williams, Realtor with Hub Real Estate, says there is no right way to choose a realtor. “It all depends on what kind of buyer/seller you are,” Williams says. For firsttime home buyers, a green flag would be someone who is willing to start at the beginning of the process and spend time educating you about the steps from finding a lender to getting to the closing table (and beyond). You’ll want to feel confident moving forward every step along the way. A good agent won’t push you to go too far

outside your comfort zone.”

Williams knows from her personal experience buying her first home and from working with new

buyers that buying the first home usually produces a little bit of anxiety. But, “a good agent will make sure first-time buyers have an understanding of what their rights and responsibilities are all along the way.”

Those who are not new the experience and seeking an agent/broker should look for someone who listens to your needs as a seller and helps develop a strategy that meets those needs. This includes conversations about the desired timeline for selling, net proceeds, and other items that might be important. Williams says,

“Knowledge and experience are important, but the client is the decision-maker, and a good agent will be able to advise clients while respecting their needs.” Here are some strategies and tips to ensure a successful partnership:

Research Local Market

Expertise

Northern Colorado has unique characteristics, such as rural areas and growing urban centers like Fort Collins, Loveland, Greeley, and Windsor. An experienced realtor familiar with these areas can guide you toward

the best neighborhoods, schools, and areas for new construction. Williams says, “New construction can be the right choice for some folks. And there are lots of options in lots of different price ranges and home styles in Northern Colorado.”

Understand Industry Connections

Connections to great options for lending is a good start. Working with a local lender for financing is almost always a better idea than using an online source or big bank for financing, Williams says. “Your local lender often has a much better understanding of the market, has built relationships within agents in the area, and can create an individual plan that will ensure success in buying as well as comfort and peace of mind.”

Interview Multiple Realtors

Don’t settle for the first realtor you meet. Ask about their experience in Larimer and Weld counties and how they handle negotiations and market trends

Assess Their Communication and Responsiveness

A good realtor is prompt, accessible, and attentive to your needs. Red flags to look out for include personal qualities rather than professional knowledge, and these should not be overlooked. Williams says, “Someone who doesn’t have a buying or selling strategy; someone who is unorganized; someone who isn’t able to manage their own emotions when things get tense (as they often can) and therefore won’t be able to help you manage yours.”

Understanding the 4 steps for purchasing or refinancing a home

The process of buying a home using financing is often approached from a Reactionary standpoint. Often, clients will find their real estate agent, look for a home, find the home, and then seek a lender for financing. Being Proactive about the mortgage financing and process will yield better results and less stress for you and your family. Here are the 4 steps that I believe are needed for any mortgage loan approval.

Step 1: Pre-Qualification

This is the first step for most mortgage seekers is often confused/combined with Step 2, Pre-Approval. It should be its own step and completed well before you start looking to make offers on a new home. The first question you should ask is, “What can we afford”? What you can qualify for and what you can afford are often two different things. Start with a payment you want to see and work backward from there to get a loan amount and down payment idea. Then you have

a price range to seek for the home. Any quality mortgage expert should be willing to run scenarios and numbers for you without needing a credit pull.

Step 2: Pre-Approval

This step is for when you plan to make an offer on your new home. The hope is that by completing the Pre-Qualification step, you already have an idea of the game plan for the mortgage loan process. You’ll know what documentation will be required, what questions will require additional explanation, and what to expect once your offer is accepted. Your chosen mortgage expert should be so confident in their Pre-Approval that they contact both your agent and the seller’s agent to discuss the validity of the pre-approval letter.

Step 3: Conditional Approval

Once you are under contract, the clock is ticking, and time is against you. By completing the first two steps in advance, you should have most of the process and required documentation ready to go. You will then be submitted to underwriting for the Conditional approval. The underwriter

will review the application and documentation to provide the Conditional Loan Approval. Once the conditions are received, you have your road map toward final approval or Clear to Close.

Step 4: Final Approval

Congratulations! All the underwriting conditions are cleared, and the underwriter has signed off on your Final Loan Approval/Clear to Close! Kick your feet up and prepare for your new home closing! But wait! There’s more to it than that. Do not make any large purchases, apply for any new credit lines, or change jobs without first discussing with your Mortgage Expert. Lenders do track your credit to ensure that nothing new is obtained. Having the go-ahead for Closing doesn’t mean that your approval cannot change prior to closing. It means that based upon the information at that time, you are given the green light to prepare for the closing table.

If you have any questions, OR if you would like to argue against my opinion, please do not hesitate to reach out. I am here to help!

A look in the cloudy crystal ball

Is 2025 the year for you to buy?
Scott Titterington

MY NEIGHBOR JUST MOVED. She left a perfectly good, paired home (what I used to call a duplex) and bought a small ranch-style house in the same neighborhood. My first thought was, “Well that seems a little crazy given the whole interest-rate challenge right now.” Then I thought about it for a minute. What if she was tired of three-floor living and just wanted a one-floor place? My wife and I have talked about that ourselves as we get older and less mobile. Maybe she just wasn’t willing to wait any longer to move into the place that she really wanted and that better suited her wants and needs.

I kept thinking about it.

I don’t know her financial situation. Maybe she paid cash. A lot of people do these days. So, the interest rates don’t really matter for her, except for selling her former place, but maybe she didn’t have a mortgage on that either. So it can sit for 60 or 80 days on the market. Or maybe she used a chunk of equity from the duplex to buy the house and she’ll get that back when she sells it. I’m just guessing on all this. It turns out people have options.

Market shift

Last year marked the start of a shift from a sellers’ market toward a buyers’ market. It seems to be getting balanced

without a lot of lean one way or the other right now.

“Inventory is up,” says John Weiss of John Weiss Realty, RE/Max Alliance, “so buyers have more time to think about their choices.”

It also means that sellers are offering incentives, especially for new construction, which can be in the tens of thousands of dollars.

“Buyers should be looking for well-priced homes offering some incentive to buy,” Weiss says.

In a sellers’ market with rising prices, sellers can set higher-than-market prices with the expectation that the market will catch up but in a flat market, houses must be priced right and in good condition to move. Buyers have a little more leeway, too, to negotiate or find just the right property.

Total sales in northern Colorado in 2025 are expected to increase by 3 percent over 2024 sales to 8,750 total sales according to IRES MLS.

Pent-up demand

Maybe you’re one of those people who have been waiting to buy until rates and prices come down. Maybe you locked in a great mortgage rate when you could and now you feel trapped—mortgage-locked. You’re part of the pent-up demand crowd. And maybe, just maybe, you’ve been wanting to move, for whatever reason—kids changed school,

new job in a nearby town, want room for a hot tub—and now you’re thinking that you’re just going to make the change. Maybe you have a little more equity in your existing home you can tap, maybe that new job can help cover the difference, maybe you’ve been wanting to downsize.

With the extra inventory and with sellers more willing to give incentives, you might just be able to make that move work. It might be worth penciling it out.

Out of pocket

Mortgage rates and high prices are the main factors on most people’s radar. Home prices rose a little over 3 percent in 2024 and are expected to follow that modest trend in 2025. All eyes are on mortgage rates, which have proven to be unpredictable and volatile.

The Group Real Estate, in the Group Forecast 2025, www.thegroupinc.com/ forecast, took the average projections from Fannie Mae, MBA and Wells Fargo to arrive at the following figures for mortgage rates:

• Q1—6.62 percent

• Q2—6.45 percent

• Q3—6.32 percent

• Q4—6.30 percent It remains to be seen though where things might be headed. There’s just so much uncertainty.

While the focus is generally on mortgage rates and home

pricing, another factor in a typical PITI payment (Principal, Interest, Taxes, Insurance) is the rising cost of insurance. The insurance industry has two basic responses to higher payouts: charge higher premiums and/or employ stricter underwriting standards and coverage limitations. Neither one is good news for homeowners.

Colorado was second in the nation for insurance premium increases, up 57.9 percent from 2018 to 2023, according to The Group Forecast 2025.

In some areas, taxes are rising beyond just the expense of those higher valuations.

Location, location, location

Northern Colorado is a great place to live, and more and more people are coming here. In fact, our area is leading the state in growth.

Weld county, especially west of Greeley and east of I-25 between Hwy 56 and 34 is growing the most quickly as the I-25 corridor improvements come online. Weld county population is expected to pass Larimer County in the not-toodistant future.

Overall, as a buyer, expect to have some more control over your purchase, from incentives, to home condition to location. Rates are expected to drop slowly. If you want to make a move but have been holding out, look carefully and explore options. There is likely a path out there for you. For firsttime buyers who might be waiting, consider the value of spending a little more than you want to versus continuing to pay rent and building no equity.

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Buying a home in 2025

IF YOUR NEW YEAR’S RESOLUTIONS for 2025 included purchasing a home, RE/MAX Alliance Agent Angie Spangler says there’s no better time to get started than right now, and has some tips to help point you in the right direction.

“In 2025 we’re seeing a continuation of what we saw in 2024, which is a market that’s maintaining, but that’s also showing some flexibility,” says Spangler. “Our growth has slowed down considerably from where it was in previous years, and that’s good news for buyers.”

Yet despite a more promising market for buyers than in recent years, many remain on the fence due to a few key factors.

Don’t play chicken with interest rates

Interest rates have a huge impact on the real estate market, and are one of the top reasons potential buyers hold off on purchasing, but Spangler warns clients that by trying to wait

out rates, they might end up paying more.

“We hear so many people that wait to make an offer, anticipating that rates are going to drop, and we just don’t see that happening any time soon,” she says. “We’re currently sitting at a 6.75 to 7 percent rate, which in a regular market is really not such a bad rate, but when home prices are high as well it’s hard for buyers to commit.”

Hidden costs remain high, but are leveling out

Combine less-than-appealing interest rates with increased, “hidden costs” of homeownership, including homeowners insurance, currently on the rise due to an uptick in natural disasters nationwide; and property taxes, which go hand-in-hand with increasing property values; and it’s easy for buyers to feel like the time will never be right.

But Spangler says there’s a silver lining. With the market leveling out a bit, she expects property value assessments to level out as well this cycle, giving new and existing homeowners some relief from tax increases.

And with a leveling market comes other advantages. The contingency, which nearly went extinct in the early 2020s, is back for 2025.

Contingencies are back on the table

Contingencies, or contracts which hinge on buyers selling their current homes before purchasing a new one, became all but unheard of five years ago, when competing cash offers left contingent buyers without a seat at the table.

Now that the market’s slowed down, Spangler says sellers are once again open to accepting offers with contingencies.

“In 2020-2022 people could not buy a house if they had something to sell first,” she says. “Now that’s changed and more buyers can jump in the market and negotiate. It’s much more of an option than it has been in the last several years and that’s great news for a lot of buyers.”

Explore options with a lender

Lenders are another tool buyers have at their disposal. Not only should contacting a lender to be pre-qualified be a buyer’s first step to entering the real estate market; finding out about the different loan options available could open doors the buyer didn’t know existed.

“A good lender is going to be able to explore creative

financing options for you,” says Spangler. “There are down payment options which can be super helpful to firsttime buyers. There are also a lot of buyers who don’t realize that a 20-percent down payment isn’t a requirement to buy a house. There are more financing options than people realize.”

Spangler says the most important thing to do is get prequalified and be prepared to pounce at a moment’s notice.

“There’s still competition out there and you never know when another buyer could be looking at the same house, at the same time,” she says. “Having that lender letter in hand when submitting an offer has always been the rule and always will be. You never want to wait until the last minute.”

Ask your agent about fees

In days past, it was typically assumed the seller would pay

both the buyer’s and seller’s agents commissions, but this all changed in 2024.

Buyers need to know that, as of last August, sellers may refuse to pay the buyer’s agent commission, and if they do, the buyer becomes responsible for paying that fee, which is often 3 percent but can vary.

“It’s important for buyer’s to have their own representation, and to ask about their agent’s commission rate. What’s important is that everyone understands upfront who’s responsible for what,” says Spangler. “Having a conversation with your agent is the best way to avoid costly surprises down the road.”

There’s no time like the present

While the market may be slow in comparison to where it was a few years ago, Spangler says it’s still a seller’s market,

with well-priced homes at the median price range selling in about a week. That’s why she says now, while things are just starting to pick up for the year, might be a great time to make an offer.

“We’re still experiencing a lack of inventory to some degree,” she says. “By getting in now while there’s less competition, you have a better chance of finding sellers whose homes have been sitting on the market a little longer and might be willing to negotiate.”

And a bit of negotiation could be the key to finally owning the home of your dreams, if factors like interest rates, home values, and overall affordability have been holding you back.

“House prices aren’t dropping, interest rates aren’t dropping,” says Spangler. “The biggest piece of advice is get off the fence and go for it!”

Creative Mortgage Solutions

IN REAL ESTATE, creative financing is a nontraditional or uncommon means of buying land or property. The goal of creative financing is generally to purchase, or finance a property, with the buyer/investor using as little of his own money as possible, otherwise known as leveraging. According to Justin Smith of Cornerstone Home Lending (houseloan. com), this also includes “folks who might have less than stellar credit, or limited credit history. Generally, unlike the years prior to Dodd/Frank laws’ implementation, the concept of leveraging or maximum financing has become somewhat limited.”

from the previous year. In the coming year, Northern Colorado’s residential real estate market is expected to experience modest growth. According to a recent report, the median sales price in the Loveland-Berthoud area increased by 5 percent in January 2025 compared to the same month in 2024.

do something that later is learned to be impossible.  Alternatives to traditional financing can offer flexibility and accessibility, especially in a fluctuating market. Here are some notable options:

Seller Financing

The seller acts as the lender, allowing the buyer to make payments directly to them. This can be advantageous when traditional financing is challenging to secure.

Lease Option

Smith says further, “Within the industry, we often view it to mean any loan that does not meet Agency Guidelines, or a “non-qualified mortgage”. Which simply means it is not a loan that meets Fannie Mae, Freddie Mac, or Ginnie Mae’s Guidelines.  There are many buyers that need programs that facilitate varying degrees of documentation relief based on their individual circumstances.”

Smith says getting a mortgage is not as simple as walking into a store and purchasing a new shirt, or clicking your mouse on your computer and that new shirt just miraculously shows up on your front porch the next day.  “Mortgage rates can, and do, change every day. Guidelines change frequently. An individual’s specific circumstances will dictate what rates and terms are available to them. The concept of “you don’t know what you don’t know” presents some unique dangers in mortgage lending and Real Estate in general.”

Leasing a property with the option to purchase it later, providing time to secure financing or improve credit scores.

Hard Money Loans

Short-term loans secured by the property’s value rather than the borrower’s creditworthiness, often used for quick acquisitions or renovations.

Private Money Lenders

In Northern Colorado, particularly in Larimer and Weld counties, the real estate market has experienced notable shifts. Overall, the market remains stable, with a balanced supply and demand dynamic. In 2023, the median home price in Northern Colorado was approximately $507,200, reflecting a slight decrease

Therefore, it is imperative to speak with a reputable lender, and preferably one with local knowledge of programs that might be of benefit for a given situation within a specific market, before you begin the homeshopping process.” Doing so allows home buyers to shop with confidence, identify and address any problems before becoming contractually obligated to

Individuals or groups that provide loans based on the property’s value, offering more flexible terms than traditional banks.

Piggyback Mortgage

Taking out two mortgages simultaneously to avoid private mortgage insurance (PMI) and reduce the down payment. It’s gaining popularity as a strategy to assist buyers in high-cost areas.

Service Guide

MORTGAGE BROKERS

Cornerstone Home Lending

Fort Collins, 970-206-4663

2809 E. Harmony Road, Ste. 200 Greeley, 970-313-1330

6500 W. 29th Street, Ste. 230 Longmont, 303-547-3442

1925 Pike Road, Ste. 201

Tom Beck, 970-313-1330

NMLS 280374

Beau Couch, 970-674-2626

NMLS 280375

Patti Dirks, 303-717-4176 NMLS 278909

Lonnie Jenkins, 303-513-1915 NMLS 258988

Shanna Keller, 970-481-6158 NMLS 265565

Bill Rodriguez, 303-877-6323 NMLS 279673

Justin Smith, 970-797-3308 NMLS 269167

Excel Financial Group

Fort Collins, 970-818-9280

123 N. College, Ste. 230

Robert Castle, 970-690-3883

NMLS 375348

FNBO Mortgage

Fort Collins

970-494-6200, fnbo.com/mortgage

PROPERTY MANAGEMENT

Faith Pro LLC

375 E. Horsetooth Road, Bldg. 1, Fort Collins 970-224-4446 or 970-377-1626

REALTORS

Angie Spangler Team

ReMax Alliance

Angie Spangler

970-402-6430

angie@fortcollinsrealestatebyangie.com

Brian Lantis 970-799-9468, brianlantis@remax.net

John Weiss

970-215-7700

jweiss@gmail.com

The Group

2803 E. Harmony, 970-229-0700 Anna DiTorrice-Mull 970-631-2649

amull@thegroupinc.com

The Group

401 W. Mulberry, 970-221-0700 Carol Voorhis 970-481-9487

cvoorhis@thegroupinc.com

C-3 Real Estate Solutions

2720 Council Tree Avenue, Ste. 178 200 South College Avenue, Ste. 160

Jesse Laner

970-672-7212

jlaner@c3-re.com

John Simmons 970-481-1250

jsimmons@c3-re.com

Bison Real Estate Group

970-795-0083

4702 Larimer Parkway, 101 Johnstown

Brianna Cunningham 303-907-3617

brianna@bisonregroup.com

Jennifer Forrest 970-460-6470

jennifer@bisonregroup.com

Cheryl King 970-344-8110

cheryl@bisonregroup.com

Mandy Smith 970-988-9824

mandy@bisonregroup.com

Tom Washburn 970-219-6431

tom@bisonregroup.com

Cory Younie 970-391-8236

cory@younierealstate.com

Downtown Real Estate Brokers

528 Howes Street, Fort Collins

Emily Heinz 970-988-9367

Emily@downtownRE.com

RELOCATION SUPPORT SERVICES

Fort Collins Connexion 222 Laporte Avenue, Fort Collins 970-207-7870

FCCONNEXION.COM

HOMEOWNERS INSURANCE

State Farm

4050 Timberline Road, Ste. 140, Fort Collins

David Dilley 970-484-9700

DilleyInsurance.com

LANDSCAPING SERVICES

Fort Collins Nursery

2121 E. Mulberry, Fort Collins 970-482-1984

FortCollinsNursery.com

Utility Company Information

Atmos Energy Gas, Heating and Cooling Greeley, 888-442-1313

City of Fort Collins Connexion Broadband 222 Laporte Ave., 970-207-7870 www.fcgov.com/connexion

City of Fort Collins Water, Sewer, Electric 117 N. Mason St., 970-212-2900 www.fcgov.com/utilities

City of Loveland

Water, Sewer, Electric 500 E. 3rd St., 970-962-2111

City of Milliken

Cable 800-480-7020

City of Milliken Water, Sewer, Trash 970-587-4331, www.millikenco.gov

Xfinity Cable, Broadband 215 E. Foothills Pkwy., Fort Collins 800-934-6489, www.xfinity.com

Fort Collins/Loveland Water District 5150 Snead Dr., 970-226-3104

Little Thompson Water 835 E. HWY 56, Berthoud, 80513 970-532-2096

Northern Colorado Water PO Box 415, 970-568-3975

Poudre Valley Rural Electric (REA) 7649 Rea Pkwy, Fort Collins 800-432-1012

Century Link Phone, DSL 800-244-1111

South Fort Collins Sanitation District Sewer 970-226-3104

City of Greeley Water & Sewer 970-350-9811

Town of Berthoud Water 970-532-2643

Town of Johnstown Water, Sewer, Trash 101 Charlotte, 970-587-4664 www.townofjohnstown.com

Town of Severance Water

970-686-1218, Century Tel 800-350-9720

Town of Wellington Water 970-568-3381

Town of Windsor Sewer, Water 301 Walnut, 970-686-7476

West Fort Collins Water PO Box 426, Laporte 970-484-4881

Xcel Energy Gas, Electric 800-895-4999 www.xcelenergy.com

East Larimer County Water District (ELCO) 232 S. Link Lane, 970-493-2044

City of Evans 970-339-5344 X101

The Sky Lounge balcony will offer breathtaking views of the Front Range. (Rendering courtesy: Experience Senior Living)

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Opening late 2025, The Gallery at Fort Collins offers a vibrant, beautifully designed community with a continuum of care to support every need.

RFor those who prefer to cook, select apartments feature full kitchens or kitchenettes, allowing residents to create meals in their own time. Designed for Every Stage of Life

etirement living in northern Colorado is about to be transformed with the introduction of The Gallery at Fort Collins. Set to open late 2025, The Gallery offers a crafted, holistic approach to senior living, blending an array of care options—from independent and assisted living to Memory Care—while celebrating the creative spirit of its residents. Priority

For more information about The Gallery at Fort Collins, to schedule a tour, or to learn about exclusive early-access opportunities, visit Galleryatfortcollins.com. To speak with a Gallery family advisor, contact Bryan Sanchez at bsanchez@eslliving.com or 970-722-8885.

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