For Sale $165,000
Welcome home! You will love living in this updated condo located on a quiet street with mature landscaping. This home features a remodeled kitchen with pine cabinets and stainless steel appliances, private patio with garden area, original hardwood floors in bedrooms and new flooring in the remainder of home. Central A/C, furnace, hot water heater, and roof all new in the last 2 years. Only 2 blocks from Roosevelt Park, 6 blocks from downtown Longmont, a short distance to the green way, events at the Boulder County Fair Grounds, and Sunset Pool and Golf Course. This home is move in ready, tour today! Call Jessica at 303-845-2876 for additional details.
- 2 Bed – 1 Bath
- 864 SqFt
- Ground Floor
- 1 Reserved Parking Space
- Remodeled Kitchen
- Stainless Steel Appliances
- New Flooring
- Original Wood Floors in Bedrooms
- Newer Central A/C, Furnace, Hot Water Heater, & Roof
- Great Location
- Private Patio and Garden Area
Exclusively listed by Jessica Klingsporn, Your Castle Real Estate
The aftermath of the housing bubble will likely be debated for years to come. Many analysts say the realestate market is on a path to recovery, but some are waiting for the house of cards to collapse once again, when the Federal Reserve steps back from the table. One thing is certain: Some housing markets in the country are currently stronger than others.
A new housing gauge called the Zillow Market Health Index aims to illustrate the current health of a region’s housing market relative to other markets across the nation. The index combines 10 measures capturing home value movements, the time homes stay on the market, and the financial health of homeowners. It assigns a value for each region ranging from 0 to 10. For example, if a metro area has a value of 8 on the Market Health Index, the metro is healthier than 80% of all metro areas covered by Zillow in the United States.
While the index can help determine which metros are witnessing strength, it’s important to note that rapid appreciation in home values could cause significant housing affordability issues in the longer term. There’s also no telling how long before today’s winners turn into tomorrow’s losers. This was seen during the housing bubble, when the hottest markets quickly turned into the worst. With that said, let’s take a look at the 10 healthiest housing markets in the United States.
5. Denver, Colorado
Market Health Index: 8.1
Share of Homes Sold for Gain: 86%
Mortgages in Negative Equity: 11.9%
Days on Market: 62
Read More: www.usatoday.com
The housing market had a great year in 2013, with the last reading of the Case-Shiller housing index showing a more than 13% appreciation of home prices year-over-year. The rapid ascent in prices however, has some pundits worried that we may be in the midst of another bubble, especially in some regions of the country like California.
In fact, the co-founder of the Case-Shiller index himself, 2013 Nobel laureate Robert Shiller said on CNBC this week that “we’re sort of in the beginnings of another housing bubble.”
Read more: Real Estate Market: We’re Not in Another Housing Bubble | TIME.com