Hi! I hope everyone had a great Labor Day weekend and are refreshed for a busy fall! Is it already September? I feel as if I say that all of the time! Tour de Fat was a fun success as it always is although numbers seemed to be down a bit. Last year was extremely crowded so a few less people this year made it a more comfortable parade. The last 3 weekends have had so many things going on with school back in session, New West Fest, USA Pro Challenge, and finally the Tour de Fat! We have such an awesome community! Thanks Fort Collins!

In the real estate world, the phone was ringing to set showings for Sunday and Monday, which is a good indication that things are picking up again after these last 3 busy weekends. Several homes under $400K sold in Old Town since the beginning of last week and a great duplex listing came on the market so let me know if you would like to schedule a showing. That will sell fast! This coming weekend, I am hosting an open house at 515 W Mountain, Sunday, September 8, from 12-2 p.m. Please stop by and take a look at this wonderful new constructed home! 2212 W. Laporte will close at the end of this week and we had a great transaction with this property! I also have several listings in the works for the coming weeks, as well as into October so please check FortCollinsRealEstatebyAngie.com regularly.

Laurie Heller with 1st City Mortgage has provided an update below on the mortgage market as of Aug 29th, 2013:

Rates hit the lowest in weeks yesterday fueled by speculation over Syria. Unfortunately in the world of mortgages bad news or uncertain news equates to good news as far as interest rates go. Today, rates have lost their downward momentum and are back up to their former high. My position is to lock in your interest rates now to protect yourself from upward movement! Talk to your loan officer in regards to their lock policies. Some good questions to ask are: “What is your lock in policy?” “If rates move lower, can we get the lower rate?” “Is there a charge to renegotiate the rate?” We have some big economic news coming out next week that will be the next big influence to the markets. Also, keep your eyes to the volatile situation in Syria. If the US strikes, there will be a small window of lower rates.
Laurie Heller
Mortgage Loan Originator
laurie.heller@mtggroup.com
License # Colorado100029522
License # Wyoming 1754
NMLS 234695
The Financing Group
Affiliate of Megastar Financial Corporation
970-223-5369

I am pleased to announce September’s “Featured Business of the Month,” The Mainline, an Ale House in Old Town. Formally The Beachhouse Grill was bought by Breckenridge-Wynkoop LLC, the joint venture between the Breckenridge Brewery and the Wynkoop Brewery. Located at 125 S. College Ave., I encourage you to stop in and check out the newly updated interior, full utilization of the upper deck and awesome menu! I am hosting my client and vendor appreciation party there this month and can’t wait! Please make it a point to go! Visit http://www.mainlinefoco.com/ for more information.

Have a great week!

Angie