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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
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It's a Great Time to be a Seller
We have officially entered fall, but Buyers are still out in force. It's a smart time to list.
At RE/MAX of Boulder, closed sales were up 21% in September 2012 over September 2011, and new contracts written were up 29%. The number of showings has doubled over this time last year and inventory of available homes on the market is down 24%.
If you would like to sell, but are concerned that you will have to wait until after the holidays to find a buyer, my advice is to take advantage of current conditions and go on the market now. Questions or ideas about how to make these market conditions work for you?
Call me anytime.
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Area Real Estate Sales
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Median Sales
YTD
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Median
Sales Price
YTD
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% of List Price
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Average Days
to Sale
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Residential
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Boulder
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570,000
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96.38
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121
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Louisville
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385,000
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98.23
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106
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Lafayette
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351,563
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97.70
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113
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Longmont
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231,500
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97.51
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106
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Gunbarrel
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402,500
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96.71
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119
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Niwot
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575,000
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95.21
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142
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Superior
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395,250
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98.25
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86
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Broomfield
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326,400
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97.49
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116
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Erie
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327,336
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97.46
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114
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Mountains
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343,000
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95.23
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173
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Condos/Townhomes
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Boulder
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253,000
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97.13
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177
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Louisville
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200,000
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97.79
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102
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Lafayette
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195,450
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97.78
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114
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Longmont
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162,000
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97.02
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126
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Gunbarrel
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164,450
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97.29
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102
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Superior
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182,000
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97.19
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92
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Source: Information Real Estate Services
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EnergySmart Rebates
With winter approaching, consider taking advantage of rebates from EnergySmart. Get up to $700 in rebates while making your home more comfortable and energy efficient in three easy steps:
Step One: Get an Energy Audit. When you book your energy audit through EnergySmart, you will receive a discounted rate of $120. The inspector will audit your home to show where you are losing heat. The least expensive and most effective solutions are generally insulation and caulking.
Step Two: An EnergySmart Adviser will study your energy audit and make recommendations for improvements, provide a list of recommended contractors and help you obtain your rebates. There is a Federal grant that pays the cost of the EnergySmart adviser. The EnergySmart adviser will easily help you recoup the cost of the $120 energy audit through rebates up to $700. If you decide to make more expensive improvements such as new windows or a new furnace, EnergySmart and Elevations Credit Union are working together to offer Elevations Energy Loans with interest rates as low as 2.75%.
Step Three: Have the recommended improvements made and enjoy comfort and savings this winter. The EnergySmart Grant expires in May 2013, so now is the time to take advantage of this program.
More info: EnergySmart Rebates and Elevations Energy Loans
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Current Interest Rates
30 Year Fixed Conforming 3.375%
5/1 ARM Conforming
2.5%
15 Year Fixed Conforming
2.75%
30 Year Fixed Jumbo
3.875%
5/1 ARM Jumbo
2.875%
7/1 ARM Jumbo
3.125%
Rates provided by Calvin Cox at Bank of Commerce Mortgage at 303-931-8360
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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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Winterize Your Sprinkler System
If you haven't already had your sprinkler system blown out,
now is the time!
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