A quick market update for buyers, sellers and investors in Boulder Valley real estate.
Rich's Boulder Valley Real Estate Report
Market Appreciation and Stability
FOR THE FOURTH YEAR IN A ROW, analysts at SmartAsset.compegged the Boulder Metro Area (Boulder County) as the #1 real estate market for growth and stability in the U.S. Their research shows that the average home has grown 276% in value over the past 25 years. Over that same time period, they estimate there was a 0% chance that a homeowner saw a 5% loss in home value within 10 years from the purchase date. Colorado's Front Range showed strength across the board, with Fort Collins ranking at #4 and Denver ranking at #9. Read the full report.
Current stats show that appreciation is slowing in Boulder County, going from an average 12.5% annually over the last 5 years, to 8.25% in the last year. This leveling off feels healthy to me. Again, ours is the most
stable real estate
market in the country!
If you want to discuss current market trends and ways to make the market work for you, please contact me. I am always here to help you, your friends, family and co-workers with any real estate need, even if they just want to ask a question. I hope you are having a great start to the school year. - Rich
Area Home Sales
30 year fixed conforming 4.75%
5/1 ARM conforming 4.625%
7/1 ARM conforming 4.75%
15 year fixed 4.25%
30 year fixed jumbo 4.625%
5/1 ARM jumbo 4.25%
7/1 ARM jumbo 4.375%
Don't Miss These
Another reason to love living on the Front Range: cultural opportunities are virtually endless. Two terrific events are coming up this month:
MAPLETON HILL PORCHFEST
Sunday, September 16, 12 - 4:15 pm
PorchFest is an afternoon of live music in the Mapleton Hill Historic District performed on porches and front yards. Talk about a great walk! Learn more.
ZEE JAIPUR LITERATURE FESTIVAL
September 21 - 23 | Boulder Public Library
I am a proud sponsor of this year's Zee Jaipur Literature Festival in Boulder, a festival of literature from all over the world that is free and accessible to everyone. Rich with words and ideas, the Festival includes distinguished contemporary authors from across the globe. Learn more.
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.