Boulder Category

July 4th Fun in Boulder County

July 4th Celebrations in Boulder CountyJuly 4th is one of our favorite holidays.  Its peak summertime, lots of BBQ, family and friends and of course, fireworks!  What’s not to love?

There are lots of fun July 4th choices in Boulder County so read through the list and pick something fun to do.

Louisville

We’ll start with Louisville because I have been planning Louisville’s July 4th Celebration for six years now and Jeff is my number #1 volunteer!  Come by the Golf Course and look us up.  We’ll be there!

The City of Louisville is hosting their annual July 4th Celebration at the Coal Creek Golf Course, 585 W. Dillon Road on Thursday July 4th starting at 6:00 p.m.

Festivities include:

Free face painting, free balloon animals and free hennas, food booths, including United Methodist Church’s favorite hamburgers and corn, jumpy castles, bungie trampoline and more.  The Boulder Concert Band will perform their patriot music beginning at 7:15 p.m. and will play until the fireworks start at approximately 9:30 p.m. There is no parking at golf course but free shuttles will run continuously starting at 6:00 p.m. from the Louisville Rec Center and Home Depot.  For more details visit LouisvilleCo.gov

Lafayette Read the rest of this entry »

Million Dollar Market Rankings in Boulder

Click to see enlarged Boulder Million Dollar Rankings ChartWe are proud to share that our office at Re/Max Alliance in Boulder is ranked #1 out of the top 10 real estate offices in Boulder for selling homes priced $1,000,000 and above for January – May of this year.  Clients of Re/Max Alliance sold their luxury homes for the highest average dollar of any Boulder realty and by far the fastest compared to all other top 10 agencies.

We know luxury homes.

These statistics track three critical elements you should ask your potential Realtor about if you are considering selling your luxury home.

1. Highest Average Price:

The average closing price on luxury homes sold by Re/Max Alliance was $1,850,000 for January – May of this year.  The next closest office closed their average luxury homes at $1,781,000.

2.  Shortest Days on the Market: Read the rest of this entry »

What Does “Average Days to Contract” Mean?

Superior Homes Average 6 Days to Under ContractRealtors and news reporters often talk about the average number of days to contract as if everyone knows what it means.  This statistic is a great indicator of how the real estate market is moving and since its been mentioned in the news lately I thought I’d take a minute and explain it to you here.

The Average Days to Contract statistic tells us how fast or slow homes are selling.  It tracks the actual number of calendar days from the moment a home is listed for sale on the MLS (Multiple Listing Service) to the day the contract negotiation is finalized and both buyer and seller have signed the contract.

This statistic is a great one to watch because its clean and simple.  It only tracks how long it takes for a house to “go under contract”.  The shorter the number of days the faster the market is moving. Read the rest of this entry »

Boulder Valley Rental Rates Hit Record

248280_sHave you ever thought of being a landlord?

Owning rental property can be an excellent asset in your investment portfolio and the recent figures posted by the Apartment Association of Denver and the Colorado Division of Housing make that exact point.

Rental rates in Boulder and Broomfield counties have hit an all-time high for the first quarter of 2013.  Based on rent per square foot that comes out to $1.33/ft.  Now add in the fact that vacancy rates have fallen and that means more units are fully occupied while landlords are getting bigger rent checks.

The vacancy rates in Boulder-Broomfield market checked in at an average of 3.2 percent.   But when you drill down into the sub-markets you’ll find University Hill area of Boulder had a 0.3 percent vacancy rate and the rest of Boulder reported a 1.4 percent vacancy rate.   Good news for landlords – a little rougher for those looking to rent a place. Read the rest of this entry »

Love Living in Boulder County – Reason #102

avista_adventist_hospital_aerial-895558_650x400You know Boulder County is ranked as one of the healthiest counties in Colorado, if not all of America, right?

A new national study shows we are some of the most physically active people who enjoy a higher life expectancy and have excellent access to first-class primary care doctors. (Daily Camera, 3.20.13)

Today the Boulder County Business Report posted that many of those excellent doctors also happen to serve you and me in nationally top-ranked hospitals – the elite 15% of all America for excellent patient experience.

I’m starting to feel better than ever! Read the rest of this entry »

Own a Boulder Rental? Good for You!

248280_sNow is a great time to own a rental unit in Boulder and Broomfield Counties.  According the latest Denver Metro Apartment Vacancy and Rent Survey, released Thursday by the Apartment Association of Metro Denver and the Colorado Division of Housing Boulder and Broomfield Counties have the lowest vacancy rates and highest rent per square foot in the entire metro area.

You may have already guessed this if you are currently renting or have a college age child who is living in a rental.  The rental market is tight, choices are slim and you must be prepared to pay a little more.  The average monthly rent is now $1,103.61.

Good News for Investors

But if you are an investor this is all good news!  Interest rates are still incredibly low, even for investment properties.  And parents who have a CU/CSU student may find buying a condo investment property a better investment than renting.

If you’d like to run the numbers on a potential investment property just give me a call.  I’m happy to work it through with you.

 

 

 

 

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