|Excellent Opportunities for Home Buyers & Investors
The current market offers significant buying opportunities. The fixed interest rate is very low at about 4.75%, and I'm seeing many very good buys on the market right now. I'm advising potential buyers -- especially those of you who have toured available homes in your price range previously -- to go out again and see the comparative value first hand. Sellers who understand the market are offering a better house (or condo or loft or land) for the money.
Boulder County is a particularly healthy and resilient real estate market. Buyers who have taken advantage of favorable conditions -- rarely as good as they are right now -- have been rewarded. If you're interested in exploring the opportunities, give me a call.
Boulder County Stats
For the latest statistics through May 2010 on Boulder County home and condo sales, with year-to-year comparisons, days-on-market statistics and more:
Call me any time. I'd love to put my passion for real estate investing to work for you - representing you in a transaction or just providing straightforward advice. As always, I am available to your friends, family and co-workers, whether they want to buy or sell or just ask a question. In any case, I promise to provide outstanding service that will make us both look good. Feel free to forward this newsletter along. Take care!
|Rainy Day Thoughts
Heavy rains in Boulder last week and the washed out Red Lion bridge reminded me that Boulder County has the highest flash flood risk in the state.
- If you are in a 100-year floodplain you have a 1 percent chance of being flooded in any given year.
- It only takes 3 inches of rain over a few hours to trigger a 100-year flood.
- Your home and place of work may be in the floodplain. Check Boulder's floodplain map to determine if you live or work in a floodplain. If you're in the floodplain, make sure your insurance is adequate and up to date.