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
In the current climate of low supply, high demand and increasing values, many of you are asking: How high can values go?

 

In my 20 years of full-time real estate experience, I've concluded that the important thing to know about Boulder Valley is this: values almost never significantly decline. The right time to buy is always last year -- and if that didn't happen, right now. 

 

Our market regularly sees prolonged "surges" (what we're experiencing now) sometimes followed by periods of flat appreciation (think 2008). A robust business environment and the outstanding lifestyle we enjoy beckons successful people, and thus, greater demand. I've just helped two business owners -- one from Silicon Valley and another from New York City -- relocate to Boulder, purchase homes, and re-establish their business base from here. 

 

The big Colorado story right now may be pot shops, but don't be fooled. Our reputation is much more interesting and exciting to enterprising individuals. In his illuminating article How Boulder Became A Start Up CapitalBurt Helm wrote "Boulder is an entrepreneurial powerhouse like no other." 

 

I don't see demand for Boulder Valley real estate curtailing anytime soon. Give me a call to discuss how to make our market work for you. As always, I appreciate your referrals. 


Best, Rich 303.931.6979

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

 


Median
Sales  

Price

% of  

List Price

Average  

Days
to Sale

 

Residential

 

 

 

 

 

Boulder

636,750

97.09

 76      

 

 

Louisville 

459,000

99.20

 76

 

 

Lafayette

375,000

99.52

 85          

 

 

Longmont

262,900

98.54

 78            

 

 

Gunbarrel

459,000

98.46

 71           

 

 

Niwot

668,400

94.31     

113

 

 

Superior

450,000

99.45

 62

 

 

Broomfield

342,000

98.46

 74           

 

Erie

350,000

98.38

 89        

 

Mountains

378,000

94.88

160

 

Condos/Townhomes

 

 

 

 

 

Boulder

265,000

98.14

 87           

 

 

Louisville

224,950

100.7   

 100

 

 

Lafayette

219,950

99.65

 82      

 

 

Longmont

185,950

98.47

 75        

 

 

Gunbarrel

175,200

98.07

 59         

 

 

Superior

201,000

99.55

 59

 








 Source:  Information Real Estate Services 

Athletic innovation: Paradox Sports
Entrepreneurs love Boulder and so do athletes of all abilities. Our recent series of articles on local organization Paradox Sports tells the amazing story of former armed services members and others who, despite lost limbs or other daunting physical challenges, are rock climbing at the highest levels. Check the series out here.  
APRIL 2014

Current Interest Rates

 

30 year fixed conforming 4.25%

 

5/1 ARM conforming 3.125%

 

7/1 ARM conforming 3.375%

 

30 year fixed jumbo 4.25%

 

5/1 ARM jumbo 3.0%

 

7/1 ARM jumbo 3.375%

 

Rates provided by
Calvin Cox at 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
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