Flatirons

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Flatirons
Greetings!   
Happy Friday! Hope you have a terrific and safe Labor Day. Just a few quick thoughts on the market as we head into the weekend:
The Outlook From Here  Our real estate market in 2010 improved over 2009 with the number of sales up across most areas of Boulder County. The biggest improvement is in the number of single family homes sold in the city of Boulder, where sales through August 2010 are up 24% compared to the same period in 2009. 
 
The next three months are a great time to buy. Why? First, the market is cooling seasonally -- there are less active buyers, and sellers who haven't yet closed the deal are becoming more motivated. Next, interest rates continue to be historically low. And finally, sales traditionally pick up after the holidays, and this creates a more competitve situation among buyers. These factors present buyers with an exceptional opportunity now.
- Rich
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By The Numbers  For the latest statistics through July 2010 and a second quarter round up of Boulder County home and condo sales, with year-to-year comparisons, days-on-market statistics and more:  Market Stats
The Bright Side  Some key economic measures indicate that the economy in Boulder County is improving, a good sign for the stability of real estate values. Some of the positive news I've been following:
 
Boulder Valley Jobless Rate Improves  
Home Prices On The Rise
(read more)
 
Interlocken Heats Up
 
Colorado Foreclosures Continue to Decrease
The Climbclimb 1  Every day - rain, shine, snow or ice -  local entrepreneur Phil Carter's The Climb shuttle service makes three steep treks between Boulder and Gold Hill. The Climb runs full and clean, nearing 100% capacity most days, and running on vegetable oil and biodiesel fuel (100% during warm months). The non-profit service has quickly become a valued community resource. We recently featured The Climb on the RE/MAX of Boulder blog site. Read the whole story here. You can get more information about The Climb, schedules, and more on their web site: the-climb.com.
 
Phil Carter with fiance Caitlin Lepper (a client)
climb 2
 
Cell Phone Numbers Going Public  To block your number from telemarketers, register with the national do not call list by calling 888-382-1222 from the phone you want to block. Takes just a minute and blocks your number for five years. 
SEPTEMBER 2010
Rich Gribbon
In This Issue
Market Outlook
Boulder County Stats
Bright Side
The Climb
 
 Rental
Market
Tightens Up
 
The rental vacancy rates in Boulder and Broomfield counties are substantially tighter in 2010 compared to 2009, according to reports from the Apartment Association of Metro Denver and the Colorado Division of Housing. Rental vacancy in Boulder's university area moved from 11.4% in the second quarter of 2009 to 4.2% in the 2010 second quarter. Read the full story.

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.

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2425 Canyon Blvd. Suite 110 Boulder, CO 80302
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