A quick market update for buyers, sellers and investors in Boulder Valley real estate.
JAN 2016
Rich's Boulder Valley Real Estate Report
Market Update
Since 2013, fierce buying competition has dominated the Boulder Valley real estate scene. Demand has far exceeded the supply of homes, townhomes and condos on the market. A strong economy, robust job market, influx of new residents, and continued low interest rates have driven these conditions. The first quarter shows no signs of waning.
 
Intelligence in a seller's market yields better outcomes for everyone. Kicking off my 23rd year in the business, I'm very proud to have helped so many buyers find, negotiate and successfully close on homes here in Boulder County. I've also helped many sellers maximize their opportunities by offering measured guidance that results in low-drama, high-yield sales.   

It is very easy to make mistakes in a fast-paced market. In 2016, it continues to be very important for both sellers and buyers to put experience on your side. Questions? Ideas? Please call me anytime, 303-931-6979. Best, Rich
New Resources for Rental Property Owners
I've just launched a new page on my website with a variety of resources for those of you who own Boulder County rental property.  Here you'll find links to a Boulder model lease, background checks, management companies, contractors and more. I hope you find it helpful. If you have recommendations to add, please let me know. 
Area Home Sales
For comprehensive Boulder Valley statistics, check my website. 
Interest Rates
  • 30 year fixed conforming 4%
  • 5/1 ARM conforming 3.375%
  • 7/1 ARM conforming 3.5%
  • 15 year fixed 3.25%
  • 30 year fixed jumbo 3.875%
  • 5/1 ARM jumbo 3.25%
  • 7/1 ARM jumbo 3.5%
Rates provided by Calvin Cox at Commerce Mortgage at 303-931-8360.
Friends & Family
I appreciate your referrals and promise to provide excellent service that will make us both look good. Feel free to forward this e-newsletter or my contact details to anyone interested in Boulder Valley real estate. Thank you.

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Rich Gribbon | RE/MAX of Boulder
303-931-6979 | RichGribbon@BoulderCO.com