Louisville, CO

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Finally, we’re out of the deep freeze. That’s what it felt like around the Boulder Valley as January gave way to February. Unfortunately, Punxsutawney Phil, the Seer of Sears, the Prognosticator of Prognostications, predicted six more weeks of winter when he saw his shadow on February 2nd. I’m betting on (hoping for) an early spring.

            The holidays are a distant memory and real estate buyers and sellers focus now turns to what they do best - buying and selling. The inventory of available properties will begin to grow as the weather improves, but will remain at a low level as demand continues to exceed supply.  For Boulder County, active single family home listings stood at 725 at the end of January/2014. At the end of January/2013 there

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Since the peak year of 2005, the Boulder Valley real estate market has been climbing a steep hill back to respectability. It has been a slow process. Sales activity in years 2006 through 2009 were on a downward spiral. The market stabilized in 2009 through 2011, then began an upward shift in 2012. This past year we saw market activity approach 2007 in Boulder County for single family home sales (3,491 vs. 3,570) and attached unit sales (1,329 vs. 1,426).  The market is still about 17% behind 2005 sales numbers, but headed in the right direction.

Below is an overview of sales activity for the past two years for single family homes in the various Boulder Valley areas, courtesy of IRES – the Northern Colorado MLS.      

                       
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Life is a composite of good times and not so good times, highs and lows interspersed with a multitude of middles. As we trek toward the end of another year this is an opportune time to reflect back on the events and circumstances that led us down the path to where we find ourselves today.

From a real estate perspective, Boulder County and the Boulder Valley area have experienced relatively good times in 2013.

Home mortgage interest rates vacillated between 3.34% (January) and 4.58% (August) for the traditional thirty-year fixed rate loan. Not a dramatic shift, but a 1% rate differential on a $615,000 home (median price in Boulder) with an 80% loan-to-value ($492,000 mortgage) is approximately $280.00 per month in additional principle and interest.

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It's time to lace up your skates, sharpen those blades and hit the ice. Both indoor and outdoor ice rinks are found throughout the Boulder area and this is the time of the year to skate. Here are some of the best choices for you to enjoy the ice.

Image via: louisvilleco.gov

Winterskate

Two locations provide plenty of skating including:

Steinbaugh Pavilion, 824 Front Street, Louisville

Hours here are 2pm to 8pm Monday through Wednesday, 2pm to 10pm Thursdays, 12pm to 10pm Friday, 10am to 10pm on Saturdays and 10am to 9pm on Sundays. They provide extended ours during no-school days.

FlatIron Crossing in Broomfield

This rink is open from 11am to 8pm Monday through Friday, 11am to 9pm on Saturdays and from 11am to 6pm Sunday. They stay open,

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It is our pleasure to support local artisans and craft folk.  Here a few recommended and fun holiday Arts & Craft Fairs coming up in and around Boulder. 

Image via: facebook.com/FireflyHandmade

Firefly Handmade Holiday Market - Friday through Sunday, December 6-8, 2013.  Featuring 80+ Colorado artisans. 1600 Pearl Street, downtown Boulder. http://www.fireflyhandmade.com 

ARTastic Market - Friday, Dec 6, 2013, 11:30a.m.-2:30p.m.  One-stop, shop your heART out holiday gift market.  Horizons K-8 School, 4545 Sioux Dr., Boulder 
 
Winter Farmer's Market and Holiday Gift Show - Saturday & Sunday, December 7 & 8 , 2013. Colorado handcrafted gifts, goodies and local food, brought to you by the producers of the Boulder and Longmont Farmer's Market.  Boulder

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911 Cleveland Ct Louisville, 80027

MLS #: 713746 
$459,900
3 bedrooms/3 bathrooms
Total Square Feet: 2700

Open House 7/14 11:00 AM

Check out of this fabulous home in Louisville, Colorado! This highly sought after neighborhood is in the sweet spot of this extremely popular community and just minutes from several parks and Louisville’s hip and historic Old Downtown area. Positioned in a cul-de-sac, this home has lovely mature landscaping, a private backyard and deck, upgrades, new paint, new-ish carpet and roof, hardwood flooring, plantation shutters, AND granite counters. As if that wasn’t enough, there are also vaulted ceilings and 2 fireplaces!

Call us today if you are interested in touring this home. We are expecting several offers within the

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Boulder Valley Economic Snapshot 

Boulder Region Housing News April 2013

One of the issues the area real estate market faced as the year began was available inventory of homes for sale across the Boulder Valley. 2012 ended with 814 single family active listings in Boulder County. That was down 27% from the end of 2011 (1121 active single family listings).

The decline in inventory was driven by sales activity. When comparing 2012 to 2011, single family home sales were up 24.44% (3258 vs. 2618) for Boulder County. Attached unit sales were up 20.80% (1144 vs. 947) for the same time periods. Collectively, those two market segments were up 23.47%.

Through March/2013 the Boulder County real estate market continues to sustain itself. Single family home sales are up 14.61% compared to through

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Economic Snapshot

A look at the current real estate market; provided by RE/MAX ALLIANCE-Dan Johnson

 February/2013

            The Boulder County real estate market continued its active pace in January/2013 as single family homes and attached unit sales outpaced January/2012 sales. Single family home sales were UP 20% (166 vs. 138). Attached unit sales were UP 29% (62 vs. 48). The collective market was UP nearly 23%. Sales figures for January/2013 approached January/2007 sales numbers.

            The inventory of available single family homes increased 5.77% at the close of January/2013 compared to the end of 2012 (861 vs. 814). Inventory levels will continue to grow as winter melds into spring and the real estate market gains momentum. Available

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Average price per square foot for residential real estate in Lafayette Colorado for October 2012 was $192, which shows an increase in comparison to last year. Single family homes in the area saw a 6.1% increase from the same period the previous year with the median sales price of $325,250.  The average days in which for-sale homes are going under contract was an astounding 20 days, 76.2% faster than October 2011!

According to internet sources Louisville Colorado residental real estate goes for an average of $269 per square foot which accounts for a 42.3% increase in the duration of one year. The median sales price for single family properties in Louisville was $395,000 for October 2012.  This represents a 3.9% increase in comparison to 2011.  Year to

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