A quick market update for buyers, sellers and investors in Boulder Valley real estate.
Rich's Boulder Valley Real Estate Report
Market Stability in Boulder
For the second year in a row, analysts at SmartAsset.com pegged Boulder as the #1 real estate market for growth and stability in the U.S. Their research shows that since 1991, home prices grew 308%. During that time, home prices never once saw a decline of more than 5% in Boulder - not even during the national foreclosure crisis. That stability means homeowners in Boulder have been spared the stress of depreciation, while reaping the benefits of price appreciation. Colorado's Front Range showed strength across the board, with Fort Collins moving from #11 to #6 since last year, and Denver going from #18 to #9. Read the full report.
Area Home Sales
30 year fixed conforming 3.625%
5/1 ARM conforming 3.0%
7/1 ARM conforming 3.25%
15 year fixed 2.875%
30 year fixed jumbo 4.0%
5/1 ARM jumbo 3.375%
7/1 ARM jumbo 3.5%
Rates provided by Calvin Cox at Commerce Mortgage at 303-931-8360.
Friends & Family
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