Flatirons

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Flatirons

Use "The Vault" To Gain A Market Edge

 

Ok folks, let's do this again: The Boulder County real estate market is up in all categories compared to last year, and interest rates continue to be low. These conditions and lower inventory have created a very competitive market for buyers. Well-priced properties are moving quickly, and in some categories - especially single-family homes under $1 million - the buying competition is fierce.

 

Here at RE/MAX of Boulder - where we handle greater than 30% of overall sales for Boulder County - some 30% of our sales come together in house. We've developed a sophisticated new database to track and manage these opportunities called "The Vault." This in-house inventory enables our agents to connect buyers and sellers with homes that haven't even been listed yet. In addition, our agents meet every week, working as a team and discussing client needs and wants. It's a powerful approach that gives our clients an important edge. This is one of the reasons that RE/MAX of Boulder is ranked the #1 RE/MAX office in the country.

 

If you're a home buyer, this means you gain access to opportunities before the rest of the market does. Be sure to let me know what you're looking for - you might not ever see it on the Internet but the home of your dreams is out there and I'd love to help you find it. For sellers, finding a sincere buyer through these in-house channels can bring optimum pricing with the least amount of hassle. Call me any time to learn more.

Area Real Estate Sales
For more information, go to richgribbon.com
 

 

Median Sales

YTD 

Median
Sales Price

YTD

% of List Price

Average Days
to Sale

 

Residential

 

 

 

 

 

Boulder

566,250

95.48

128

 

 

Louisville 

380,000

97.60

101

 

 

Lafayette

349,900

97.36

127

 

 

Longmont

225,000

97.22

113

 

 

Gunbarrel

390,000

96.56

121

 

 

Niwot

550,000

95.46 

150

 

 

Superior

381,750

97.96

  87

 

 

Broomfield

329,450

97.24

116

 

Erie

313,075

97.17

122

 

Mountains

362,000

94.46

177

 

Condos/Townhomes

 

 

 

 

 

Boulder

246,301

96.66

200

 

 

Louisville

192,375

97.60

112  

 

 

Lafayette

189,000

97.79

122

 

 

Longmont

166,000

96.69

139

 

 

Gunbarrel

155,625

97.04

135

 

 

Superior

215,000

97.25

  96

 

 

Source:  Information Real Estate Services 

Improving Market Keeps Boulder on National Index

With minimal but continuing improvement in the home-permits, house-price and employment categories, Boulder joins two other Colorado areas on the May Improving Markets Index.  Read just how much Boulder has improved since its market and economy hit bottom.   

 

JUNE 2012
Rich Gribbon

Current Interest Rates

 

30 Year Fixed Conforming  3.625%

 

5/1 ARM Conforming
2.625%

 

15 Year Fixed Conforming
3.0%

 

30 Year Fixed Jumbo
4.25%

 

5/1 ARM Jumbo
3.0%

 

7/1 ARM Jumbo
3.375%

 

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

Contact me for:
 
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 for transactions outside our market.

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