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!   
Happy New Year!  I hope that 2012 finds you and your family well.  Just a few quick thoughts on the market as we begin a new year:  
The Outlook From Here 

 

The Boulder County real estate market ended strong in 2011. For the third year in a row I found myself very busy in December.  I'm optimistic about the market continuing to pick up speed in 2012. Excellent market conditions continue to exist for buyers and it's well worth your while to consider taking advantage of these conditions to make a move or to make an investment in real estate. Interest rates continue to be historically low, so now is a good time to buy or refinance. For sellers, getting on the market now -- instead of waiting for the traditional Spring selling rush -- will likely net a better price. The ratio of listings to buyers is lower in the first quarter, and this generally results in a higher sense of urgency for buyers and a better environment for sellers.
Successful deals in this market take time, knowledge, patience and persistence. This is the kind of real estate I've been practicing my entire career. I've never hurried anyone into a deal or pushed a sale that didn't make absolute sense. If you or any of your family or friends want a trusted advisor who will always keep your best interests at the forefront, please give me a call. As always, I appreciate your referrals. 

- Rich 


 
By The Numbers:

Median

Sales Price

2008

Median

Sales Price

2009

Median
Sales price

2010

Median

Sales Price

2011

Residential

 

 

 

 

 

   Boulder

539,000

525,000

535,000

545,000

   Louisville

350,300

355,000

395,000

380,500

   Lafayette

311,500
314,000

310,000

320,000

   Longmont

219,900

220,000

228,000

220,000

   Gunbarrel

380,000

429,000

425,000

400,000

   Niwot

650,000

608,000

540,000

636,250

   Superior

401,300

396,500

412,000

374,000

   Broomfield

348,490

321,000

334,290

321,415

   Erie

305,000

315,000

323,000

303,801

   Mountains

355,000

360,000

365,000

316,000

Condos/

Townhomes

 

 

 

 

   Boulder

249,000

240,000

255,000

245,000

   Louisville

212,000

207,000

185,700

185,500

   Lafayette

170,000

171,000

167,500

184,000

   Longmont

169,500

169,900

163,000

165,000

   Gunbarrel

161,500

159,900

168,000

154,500

   Superior

212,500

210,000

220,000

220,000


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 diversifying some of your stock investments into real estate holdings.  Look at the right sidebar for a list of real estate services that I can provide to you.   

 

 

Current Interest Rates:

                                30 Year Fixed Conforming                   3.875%

                                5/1 ARM Conforming                          2.625%

                                15 Year Fixed Conforming                   3.125%

                                30 Year Fixed Jumbo                            4.50%

                                5/1 ARM Jumbo                                   3.125%

                                7/1 ARM Jumbo                                   3.5%

Rates provided by Calvin Cox at Bank of Commerce Mortgage / 303-931-8360

JANUARY 2012
Rich Gribbon
In This Issue
Market Outlook
Median Sales Prices
Personal Real Estate Review
Interest Rates
 

Real Estate Services that

I can help

you with

 

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.

 

Like us on Facebook 

 

You can now go to my Facebook page and click "LIKE" to find out the latest in the Real Estate World. 

 

E signature Banner

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