Housing Market Great in Northern Colorado.

Larimer County's housing market remains stronger than national trend, an article from The Coloradoan, reports that in the Larimer County housing market, March home sales were down 12.2%, but average sales prices were up 4.5%.  According to Prudential Rocky Mountain Real Estate of Fort Collins, for the first quarter, home sales were down 13.8% with sales prices up 5.1% from last year to $257,625.  Eric Holsapple of Loveland LLC said the residential construction market will start to rebound this year.  He said, "We have one of the best residential markets in the state. The existing 'for sale' market has stabilized, and we're not really out of balance with lots.  We will be one of the leaders in coming back in the single-family market."  He added that the surplus of homes dumped at discount prices by national builders as they fled the region have been absorbed and developers, including his company, are starting to build again. 
http://www.coloradoan.com/apps/pbcs.dll/article?AID=/20080425/BUSINESS/804250325/1046/CUSTOMERSERVICE02