Boulder Housing Market Looking Better All the Time

Mark SneadGood news!  Residential real estate in Boulder is on the upswing. We couldn’t agree with this article from the Boulder County Business Report more:  a few more available homes could really help our clients.

This is a great article with lots of great news, not the least of which is the positive commercial and residential development. Good news for potential home buyers and sellers as Chuck Bellock, president of the Community Development Group, predicts,

 

We’re having a sustained housing recovery that will influence all of you at some time in the coming months.

The residential real estate report is about halfway down the article under the heading “Continued residential seller’s market seen in Boulder valley and worth the read.

Buy or sell, it is going to be a wild ride this year. Buckle up and ride with Folsom & Co!

Market Heats Up

Folsom & Co’s Andy Hawk had a great morning showing property in Congress Park. The market is heating up in Denver’s desirable neighborhoods!

Good Signs for the Housing Market

high-end home salesThe high-end home market is on the rise, says John Mossman in his Denver Post article, “Luxury home market in the Denver metro area on the rise.”  With mortgage rates decreasing and home sales rising, the market is looking considerably better than the last couple years.

Prospective home buyers and sellers could use a few encouraging words after the last several years. John Brimberry of Vectra Bank Colorado shares a few:

There’s a lot of liquidity in the market and improved confidence, so a lot of people who’ve been sitting on the sideline can now sell their home or buy a nicer one.

The signs continue to be good around the Denver/Boulder area.

 

The Folsom Formula

There is a lot to consider when choosing a real estate firm to assist you in your transaction.

We believe attention to detail and personal service set us apart from the rest. It is a formula that has worked since 1989.

Folsom & Co. President Clint Folsom explains in this video:

Great News for Sellers

home for saleRecent market activity shows that there aren’t enough sellers to go around. But there are plenty of buyers! If you’re a potential buyer, don’t be surprised if there are multiple offers on a property you’re interested in, says Steve Cook in his article for Real Estate Economy Watch.

Here’s what some realtors are saying about today’s market:

Believe it or not we are experiencing a trend toward multiple offers even in this still difficult market and there is evidence that this trend will continue as buyers compete in a market with limited inventory.

And if you’re a seller? This is great to see. And what’s more, it is happening in and around Boulder.

Let’s sell your house!

 

 

Boulder Properties on the Move

It is happening in Boulder.

We listed a great townhome for sale Tuesday afternoon and put it under contract today.

Lots of activity, quick negotiations. Properties are on the move!

If you are ready to buy or sell, we are here to help. With the market moving fast, it is important to select an agent and firm that you can trust to manage the chaos.

Good News for Sellers

The worst of the housing crash might be over for homeowners, according to a recent article in Smart Money. Home buyers and home sales are on the rise which is good news for sellers everywhere. In the last few months demand for homes has begun to rise above supply which naturally drives home prices upward. An encouraging sight for those of us interested in selling our homes.

For homeowners who’ve been holding off on selling until more favorable conditions kick in, that time might be now, some experts say. Buyers will need to prepare to compete against others for the limited inventory that’s up for grabs.

Investment Properties Wanted in Boulder

We have a client that is interested in Boulder investment property.

Range is $250K-$600K.

If you are looking to move on or move up, contact us about this opportunity.

Better to Buy Than To Rent

hidden houseAll signs are pointing to For Sale instead of For Rent signs these days for those looking for homes. According to a recent study done in the real estate market, it’s more cost effective to buy instead of rent right now. Why? In most cases you can get more home for the money if you choose to buy.

9NEWS experts went into the field to compare the buy vs. rent conundrum. And you know what they found? The study was right! You get more for your money when you buy.

Local realtors are quick to point out the trend as well:

All indicators are pointing to it is better to buy now. You get more square footage. You get more bedrooms in most cases, more bathrooms, you can just get more house for less money.

We agree, the good ones are starting to move.

 

Get further details on the 9NEWS study here.

The Tide is Turning

The tide is slowly turning from a buyer’s to a seller’s market.

We toured property that was new to the market this weekend, and it was under contract Sunday afternoon.  Plenty of inventory for sale, but the good ones are going quick.

Secure pre-approval for financing and make a game plan with your agent.

Dream homes are on the move.

Never Too Young or Too Old

Opportunity exists around every corner, and the formula isn’t difficult.

Even in a strong market like Boulder, deals can still be found that can help you get ahead.

Take, for instance, the 14-year old girl from Florida who just purchased her first house.  To be fair she split the cost with her mother, but she’s quite adamant about buying her mom out and owning the house in her own name by the time she’s 18.  Who knows? Maybe she’ll own several houses by then!

Whether you are fourteen, or forty, now is a great time to get in the game!

 

Read more of this great story.

Hope for an Antiquated System

for sale signsWith a wealth of information at our very fingertips, a surprising question can emerge:  Are you prepared to buy a home?

Andrew Baird’s article in Policymic presents an interesting reality. He suggests that while society has moved to an online age, in many ways the real estate system has not.  For the generation used to going to the internet for everything from shopping to insurance, buying a house the “old fashioned way” could prove to be difficult.  He points out that

despite limited attempts to move the real estate industry into a digital age in the form of property search engines, it is still largely a pen and paper, face-to-face process. And that’s where the problems arise. Not that there is anything inherently bad about this retro situation . . . but it presents the modern online consumer with a daunting task that is unique in an environment of otherwise brief online transactional expectations.

What becomes clear is that the more prevalent information becomes, the more relevant expertise is.

While some believe that holding information is power, we believe that the open-ended availability of information to buyers and sellers creates a solid platform for us to do our best work.

Just because the system is antiquated does not mean your agent has to be.