A quick market update for buyers, sellers and investors in Boulder Valley real estate.
Rich's Boulder Valley Real Estate Report
The slowdown that hasn't come (yet)
Year after year the Boulder Valley marketplace seems to come off the busy summer season, settling into a fall lull that continues to steadily slow through the holidays. So far this year, that lull hasn't really materialized. Yes there was an August slowdown, but it looked more a cat nap than the regular reset. The market has ramped right back up in the last week or so, and continues to be very challenging for buyers.
I'm advising my buyers to continue to pursue good value in our market, because it is certainly there to be had. Finding the right place for the right price just takes more time, flexibility and perseverance. If you or anyone you know is looking for a seasoned advocate to help them enter the Boulder market or make a move within it, please pass along my name. Thank you! - Rich 303-931-6979
Area Home Sales
30 year fixed conforming 3.5%
5/1 ARM conforming 3.375%
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.
Calling all Panther football fans
My son Bo is a freshman on the Boulder High Panthers football team this year. We are excited for the season! If you're a Panthers fan and want to support the team, please join me at a tailgating fundraiser before the varsity's home opener versus Denver South this Saturday, hosted by my RE/MAX of Boulder colleague and fellow Panther parent Digger Braymiller.
Pre- Game Tailgate, Luau Fundraiser for BHS Panther Football
When: Saturday, September 3, 10:30- 1:00 (kick off is 1 p.m.) Where: Just west of BHS football field, behind Vertiba in the back parking lot. There is no parking available here however, please park in the Boulder High lot and walk over if you are driving.
How Much: $25 suggested donation at the gate-kids under 12 FREE!
Food and Drink: Pig roast, sides and drinks with hot dogs for the kids
Fundraiser drawing, over $800 worth of donated items ALL MONEY GOES TO THE PANTHER FOOTBALL PROGRAM
Highlights for out-of-towners
I enjoyed this piece by the New York Times on how to have a short & sweet time in Boulder. A good article to share with visiting friends and family!
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.