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Weld County, Colo.-area home values decline, report says.

The Denver Post (Denver, CO)

| September 06, 2006 | This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Aldo Svaldi

Sep. 6--Weld County homeowners saw their home values decline as the nation's housing market hit the brakes hard in the second quarter, according to a report issued Tuesday by the Office of Federal Housing Enterprise Oversight.

Weld County home values fell 0.35 percent in the second quarter, compared with a year ago, a sharp downshift from a 3.7 percent annual gain seen in the first quarter.

Elsewhere along the Front Range, existing homes continue to appreciate, but at a slower pace. Metro Denver home values rose at a 2.7 percent annual clip in the second quarter, down from a 3.4 percent pace in the first.

Fort Collins…

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Source: HighBeam Research, Weld County, Colo.-area home values decline, report says.

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