Cheyenne Wyoming Real Estate Update. It's a Great Time to Buy a Home. Cheyenne is on the map as one of the best places to live and buy a home...We all know that!!! Check out cnnmoney.com....this states that Cheyenne is the #2 best place to buy a home.
Here is some of the information that the Cheyenne Board of Realtors sent to our members....
"Home price forecast (1 year):* 4.7%
The city has attracted some new employers in recent years, giving the local economy a boost. Cheyenne's job market is also tied to the city's status as state capital, which has kept area unemployment below the national rate.
Cheyenne was one of the few metro areas that recorded home price gains in the past three years, and population growth should help drive up home prices further. The number of city residents jumped by double digits during the 2000s and will probably do so again in the coming decade. That will provide a steady demand for housing, and prices are projected to grow by about 5.5% through 2012."
As Spring moves along, we should see the housing market continue to prosper. There is an adequate number of homes available in all price ranges. For the person who wants a challenged home, there are a number of foreclosed homes that affords this opportunity. Some need a lot of work, some may only need some cosmetic repair.
As of today, there are 394 Single family homes on the market and there are 105 homes currently under contract. Since January 1st 2010, 163 homes have sold. In the rural market, there are 167 available homes with 40 under contract, and 37 rural residential homes have sold and closed.
Many affordable home listings are coming on the market daily. Visit www.Move2Cheyenne.com
to see all of the available homes. This home is located at 916 Emerald Dr., just South of The Pointe Park. It boasts of 4 bedrooms, 3 baths, over-sized 2 car attached garage. The back yard is fenced and has a delightful water feature. A fenced dog run and a place to park your "outdoor toys"! Located on a large corner lot, this home has been recently updated from top to bottom and has a huge master-suite addition.
This home also qualifies for the Homes For Heroes Program. Visit www.FEWarrenInfo.com or www.CheyenneHomesForHeroes.com for more information on this program that assists the Military, Law Enforement, First Repsonders, and Medical personel to purchase a home affordably.


