Market Stats and Facts

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

Found 48 blog entries about Market Stats and Facts.

Interest rates are down and the value of homes in Boulder are steadily rising. If you are looking to make a change in to a new Boulder neighborhood, 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

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What's New?

Life’s one constant? Change. Post-presidential inauguration people are asking “What’s next for the housing market?” Let’s take a look at the what’s happened so far and how experts expect housing markets to react in the next year.

Uncertainty

Much depends on what policies are put into place. For instance:

  • Higher tariffs could increase inflation, keeping interest rates low
  • Limiting migrant workers US entry could raise construction costs 
  • Isolationist policies may push investors into domestic real estate 

Interest Rates

The Fed announced a rate hike in December 2016 and forecasted three more in 2017. Rates are still very low, but every point matters. 

However, rate hikes are unlikely if the Fed sees a

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Boulder Housing Bubble

Is Boulder real estate experiencing another housing bubble? We asked our experts and here is what they had to say.  

FACT: Denver Metro Home Value Is Soaring

Denver Metro is one of the fortunate areas when home values have seen a steady increase, making it a great place to invest in a home. Home values here have increased 8.4% since May 2014. That's a greater increase for homes in neighborhoods such as Dakota Ridge, North Boulder and Pearl Street, for example, than any other metropolitan areas. Getting in now means you'll see a greater return on your real estate investment.

Denver Metro Home Values

FACT: Boulder's Price Per Square Foot is Growing Fast

Boulder is proving to be an even strong place to invest than Denver. At the beginning of 2015 experts expected

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We've all heard it, location, location, location. Buying real estate may be the biggest financial investment you ever make, so maybe we should be saying investment, investment, investment. When I asked local real estate experts where they thought the next hot spot for real estate investment might be they all had the same answer: The Lafayette, Colorado housing market.

Why Invest in Real Estate In Lafayette Colorado?

Lafayette is growing immensely in popularity. Like its neighbor Louisville which saw greater home value growth in 2014 than even Boulder, neighborhoods in Lafayette, such as Waneka Lake and others below, will likely follow the same pattern. As Louisville and Boulder's subdivision are nearly fully developed, people tend buy in the

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  • Featured Listing: Dream Estate in East Boulder County
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Featured Listing: Inside 2300 75th Street

   Provided by Goodacre and Company If you are anything like me you've driven by this estate wondering what it would be like inside. Well, it's on the market for 7.5 million and you can click here to satisfy your curiosity!    

March Market Insight Boulder County

  We’re into the fourth year of a relatively stable real estate market across the Boulder Valley, Northern Colorado, and the Metro Denver area. Available inventory of homes continues to be…
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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 Boulder or surrounding areas 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

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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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Real estate is a good indicator of the economic health of the nation. When the real estate market is firing on all cylinders, the overall economy has a tendency to flourish. When the real estate market is limping along, the opposite is often true. According to a recent report by the National Association of Realtors (NAR - April 22, 2014), the nation’s real estate market is somewhere in between those two variables.

NAR’s report shows existing home sales (single family & attached units) in March/2014 were down 7.5% nationally compared to March/2013 (4.59 million units vs. 4.96 million units).

“There really should be stronger levels of home sales given our population growth,” said Lawrence Yun, NAR chief economist. “In contrast, price growth is rising

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Very interesting trending in the market, Note: Absorption Rate went from 150 days at the end of February to 177 days at the end of March. Absorption Rate should be going down this time of year, not up.

  Note: Single family sales down 16% for the first quarter compared to first quarter last year; attached unit sales down 11%; combined market down 14.5%.  Note: 939 active single family homes at end of March last year; 960 this March.   Did the market peak?      
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