Market Stats and Facts

Stay up to date with the latest Colorado market statistics and facts.

There are currently 83 blog entries related to this category.

We know life is good here in Colorado and so does the nation. Check out some of rankings that put Colorado ahead of the pack.

  • 4 of the top 10 Cites With The Largest Homes are in Colorado: Co. Springs (3), Boulder (6) Greeley (7), Ft. Collins (8) according to 24/7 Wall St
  • Colorado ranks as the 7th Happiest State according to Gallup-Healthways Well-Being Index
  • Colorado is #4 Most Educated State according to data complied by Bloomburg:  36% of CO residents have a bachelor degree or higher
  • Colorado is #8 Healthiest State according to Health.com (we got knocked down a peg for binge drinking, no seriously!)
  • Colorado is #5 Most Active State with 69% reporting they exercised 3 times a week or more
  • Colorado is home to 6th richest county
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It’s that time of year again…taxes. Before filing there are some important questions you should ask, especially if one of your goals is to buy a home in 2015.

1) Do you max out your deductions to pay as little out of pocket as possible?

2) Are you considering buying a home in 2015?

3) Do you need a loan to purchase the home? 

If you answered yes to these questions this information might surprise you. Act now, before filing, to arm yourself with the best balance of deductions to position yourself favorably.

Why Not Max Out Tax Deductions? 

Not many of us are excited about sending money to the IRS, so looking for every possible tax deduction is understandable. However, mortgage lenders look at NET Taxable Income, not GROSS income.

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The decision to buy a home is part logic and part emotion. should should fit your financial and location needs, but it has to feel like home too. For the last two years Boulder CO real estate has been characterized by a shortage of inventory, limiting potential homeowners’ choices in the market. You can still find your dream home in a tight market, you just have to be creative with the low inventory that is available. 

1) Widen Your Search Area

You know exactly where you want to live. Exactly. Even if your heart is set on a certain area, looking just outside that area is a smart move. Many homebuyers find they can buy more house with more luxury features in newer neighborhoods located just outside of urban areas. Your dream home may be just a few

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The Denver metro real estate market enjoyed a great holiday season.

Some anticipate a slowing in the market near the holidays, but, in December a record-high average sales price for homes in the metro area reached $339,636. That is an eleven percent jump from the same time in 2013. At that rate homes prices on average are increasing 0.09% per month. Will that last? Lets look deeper to see.

Although business was great in my office in November and December, we typically see slowing in the housing market in general. This this year, home buyers kept the market more active than usual largely due to some downward movement in interest rates and some uptick in buyers coming into the state from elsewhere.  Housing inventory levels are still tight which tends

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Boulder Condos For Sale

Search Boulder Condos for sale here and contact us for a free consultation to get more information and make an informed choice on renting vs buying.

It’s hard to believe it’s that time of year when college students start looking for their next rental in Boulder CO. With a limited rental market and high demand, the average rental price in Boulder is $1,972. If you are looking for extra amenities like washer and dryer, proximity to downtown or campus, modern finishes, expect to pay on the higher end. Here is a more detailed look:

Apartments Rental Costs:

Studios:  $800 – $1200
One bedrooms:  $950 – 1800
Two- bedrooms: $1400 - $2700
Three -bedrooms:  $1800 – $3500
4 Bedroom $2200 +

If you have a downpayment, plan to stay a few years and are in a

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

December/2014

There are so many things to do and so little time these waning days of the year. Cards need to be written. Gifts purchased and wrapped. Parties attended. But despite all the chaos surrounding the holidays they always seem to come and go. Left in their wake are credit card balances, unwanted gifts, and a time for rest and renewal. 

Real estate often takes a back seat to these happenings. By December most buyers have purchased and are nestled around the fireplace in their new homes; unpacked boxes stacked nearby. Most sellers have either sold and moved on or made the decision to wait for warmer weather.

This year mirrors most years as we ramble toward

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This is an important question for everyone to ask. By examining US home prices (blue) vs. US inflation (orange), you can see the housing bubble of 2007 and when prices dropped in late 2010, early 2011. The diagonal black line shows where a healthy market should be based on home prices over the last 8 decades. Interestingly inflation isn’t always an indication of home prices. However, you can see in 2014, the blue home price line is quite close to the healthy market line. The small bubble we saw in early 2014 is already correcting itself. Experts expect home prices to grow, but at a healthy rate through 2015. 

What does that mean for home buyers and sellers? The tiny bubble we see is only part of the picture. To determine if it's a good time to buy

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Interest rates are down and the value of homes in Boulder are steadily rising. If you are looking to make a change, now is a great time to buy or sell. Times have changed, the holiday season is no longer the real estate dead zone. Here is why.

1. The School Year Doesn’t Rule Everyone

With more young professionals entering the market and a hefty number of baby boomers buying and selling, there are plenty of homebuyers who are not buying and selling around school schedules. 

2.  Motivated Sellers

Selling a home over the holidays isn’t always a choice. A seller motivated by a status change, job transfer or financial reasons means you could get a bigger bang for your buck. Since first time home buyers won’t need to sell a home first, they are

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Thus far this year home values continue to rise across the Boulder Valley as demand exceeds supply. New construction throughout the eastern portion of Boulder County has augmented a portion of the increased buyer demand, but resale listing inventory has plateaued, with monthly home sales somewhat mirroring monthly listings entering the market.

              In late June/2013 there were 1,353 active single family home listings in Boulder County. At the end of June/2014 that number stood at 1,284. Sales of single family homes through June/1014 are down 10.40% compared to through June/2013 (1,543 vs. 1,722). Attached unit sales for the same time periods are comparable (645 vs. 648).  

              Below is a brief overview of sales values by

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In June/2013 the Boulder Valley housing market was humming along. Construction was peaking with new homes and condominiums being built in most market areas. Dormant housing projects, the product of several years of buyer disinterest, had new life breathed into them. Mortgage interest rates were slightly under 4% for the traditional thirty year fixed-rate loan. Single family home sales were up 12% for Boulder County through May/2013 compared to through May/2012. Attached unit sales were up nearly 15% for the same time periods. Available inventory was scarce. Home values had increased. Bank foreclosures and short sales were few and far between. All the stars had aligned and it was a seller’s market.

Here we are twelve months later. Several of the

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