Here are some great reasons to seriously consider buying a home in Northern Colorado in 2012:

• Appreciation – Prices have been flat to slightly inclining in the past year in Fort Collins and Loveland, and are just slightly down in Greeley.  Our economics in NoCo are looking very positive.  Interest rates are hovering just under 4% and the forecast is they will remain low through 2012.  A rising tide carries all boats is a great way to look at pricing appreciation in Northern Colorado.

• Property Tax Deductions – property taxes on your primary residence are fully deductible.  The IRS (Publication 530) provides detailed tax information for first-time buyers that can answer  questions about eligible deductions.

• Equity Building – Adding money to your monthly payment to decrease the principal balance at a faster pace.  This accelerated payment process allows you to pay off the principal balance faster, lock in a better interest rate, possibly shorten the length of the loan, own your home outright faster, and pay substantially less mortgage interest

• Skyrocketing Rents - The rental market in Larimer County is currently sitting at a 2.4 – 2.9% vacancy rate.  That is extremely low.  Rents are on the rise and most property managers and private investor owners are reporting yearly rental increased of 5-10% year-over-year.  In a lot of instances it is cheaper to buy vs rent on a monthly basis.