It has been disappointing to see mortgage rates trickle up a bit since the Fed announcement last week. Rates are still at around 6.375%, but before the rate cut, they were at about 6.125%. Mortgage rates tend to be affected more by inflation expectations than direct action by the Fed on short term rates, we'll see if this holds. Other than gasoline and food prices, inflation has been pretty quiet, and neither housing or automobile prices look like they are going anywhere soon.
Locally, showing activity has actually picked up a bit, our own office was up 18% over the prior week, so who knows, maybe we will start turning this corner yet!
We spent part of Sunday visiting our daughter up at CSU in Fort Collins. We picked the right day, as the Broncos lost anyway, and it was pretty pleasant weather for the 2 hour drive. I like to visit Fort Collins, it has that nice small "college town" feel, and the big trees around the campus kind of remind me of my own college days. For a big school (25,000 students), CSU seems very "approachable", and we have been very pleased our daughter chose it. The menu of colleges and universities here is really pretty good. Locally, Colorado College, University of Colorado Colorado Springs and Pikes Peak Community College are all pretty well thought of. The University of Colorado in Boulder, Colorado State in Fort Collins and University of Northern Colorado in Greeley are all popular state school options, and the School of Mines in Golden is very popular among the engineering crowd. There is a also a plethora of smaller state schools and private colleges and universities throughout Colorado.