The Outlook From Here
Interest rates went up .375% in the past two weeks from 4.75% to 5.125%. Still historically low, but the trend is that interest rates are on the rise. Standard & Poor's/Case Shiller predicts that home prices in Boulder County could be back to historic highs by 2013.
There are a lot of opportunities in the current market. For Buyers, it is a great time to get off the fence and take advantage of the low interest rates. For Sellers, it's a great time to go on the market because Buyers are becoming motivated by rising interest rates and because Buyers develop a sense of urgency in the late winter to early spring. The market improved in 2010 and I'm optimistic that it will continue to improve in 2011.
Whether you are buying, selling or evaluating your options, contact me to discuss how to make the market work for you. Also, I always have time to help out your friends, family and co-workers whether they want to Buy or Sell real estate or just wish to ask a question. Either way, I promise to provide outstanding service. As always, I sincerely appreciate your referrals.
- Rich
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Economists predict Boulder County home prices set for rebound
Back to peak levels: The number crunchers for Case-Shiller believe real estate prices for several Colorado counties - including Boulder -could reach the same peak levels they did in 2005-2006 within two years. |
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Boulder unemployment rate among lowest in state
Job search: With a seasonally unadjusted rate of 6.5 percent in December, Boulder-Longmont has one of the lowest unemployment rates in the state. |
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A Carrot on a Stick for Homebuyers
The town of Erie voted to create a homebuyer's incentive package to lure new residents to their town.
How about a free airplane tour?
See what incentives they are offering
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DO YOU LIKE ME? I now have a Facebook page and I would really appreciate it if you would become a fan. Please click the above link and click LIKE to become a fan. I will keep you informed about interest rates, current market conditions and other interesting news about the Boulder area and real estate market. |
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Your Personal Real Estate Review. Believe it or not, now is an opportune time to review your real estate portfolio and set goals - short term and long term. I can help. I'd be happy to meet with you to discuss your goals and prepare a report analyzing the current value of your home and other real estate holdings. It might be time for you to consider making a move, venturing into income property, or transitioning stock investments into smarter real estate holdings. Look at the right sidebar for a list of real estate services that I can provide to you. I also can provide information to help you validate or dispute the tax assessment you'll be receiving in May of this year.
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