When you look at the Boulder Valley real estate picture since 2001, the difference is staggering. The number of single family homes on the market has decreasesd by nearly 75%.
Demand far exceeds supply, and that makes the market challenging (but not impossible) for new entrants.
Boulder County Inventory 2001 - 2018
From RE/MAX of Boulder's Annual Real Estate Report, out later this month. If you'd like a copy, please email me firstname.lastname@example.org.
My take? If you own Boulder Valley real estate, pat yourself on the back. You have invested in something REAL, in the #1 market in the country for holding long-term value. In just one example, single-family homes in Boulder have increased in value by 276% in the last 25 years.
As we look ahead this year, keep a few things in mind. First, intelligence in a fast-paced market yields better outcomes for everyone. Kicking off my 26th year in the business, I'm very proud to have helped so many buyers find, negotiate and successfully purchase homes here in Boulder County. I've also helped many sellers with measured guidance that results in low-drama, high-yield sales.
In 2019, it continues to be important for both sellers and buyers to put experience on their side. If you or anyone you know is considering selling, buying or investing in real estate, I'm happy to help. Please call me anytime, 303-931-6979. Best, Rich