Market Trends Category

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 »

3 Families Are Searching

10684217_sTight, tight, tight!

It’s a sellers market right now and sellers are king.

But I have 3 buyers who are ready, ready, ready!

With 60% of the current single family inventory in Louisville and 56% of Lafayette under contract we have to move fast anytime something new comes on the market. But maybe you know someone who is thinking now might be the time for them to sell their house.

If so please call me … or have them call me!

Here are some details Read the rest of this entry »

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