July 26, 2002

Commentary: How much mortgage loan can you afford?

By

Real estate continues to be one of the best investments over time. Northern Colorado, especially, continues to share with the home owners the abundance of appreciation the economy has provided us over the past 10 years. The Fort Collins-Loveland market has seen an appreciation rate of 121.8 percent in these past 10 years, according to the latest report from the Office of Federal Housing Enterprise Oversight. The Greeley market is showing a 115.1 percent appreciation rate in that same period of time.

Residential rental vacancies continue to stay low, less than 5 percent, as more and more people are investing…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: Columns Guest Opinion
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