Flatirons

R i c h ' s   B o u l d e r   C o u n t y   R e a l   E s t a t e   R e p o r t 

Flatirons
Greetings! 
The summer selling season is well underway. Here's a quick market overview:
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:
Questions? Ideas?
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 Thoughtsflood
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.
 Check out boulderfloodinfo.net for good overall information and preparedness plans.
JUNE 2010
Rich Gribbon
In This Issue
Buying Opportunities
Boulder County Stats
Here for You

Let's Collaborate

Buying & Selling. 

Refinancing. 

Leveraging equity to buy investment property.

1031 Exchange.

Real estate as a retirement strategy. 

Using your IRA for real estate investing.

Real estate for college savings.  

Buying real estate for college-age children to live in while at school.

Helping parents relocate or transition to a new housing situation.

Purchasing vacation property in ski country, tropics or other resorts.

Finding a quality realtor to help with a transaction outside our market.

Join Our Mailing List
 

E signature Banner

2425 Canyon Blvd. Suite 110 Boulder, CO 80302
T: 303.441.5685  C: 303.931.6979   F: 303.449.8554
www.richgribbon.com