A quick market update for buyers, sellers and investors in Boulder Valley real estate.
MARCH 2018
Rich's Boulder Valley Real Estate Report
Considering Selling? Now is the Time to List
Strong buyer demand this month and a shortage of available homes for sale is driving multiple offers and quick sales. What's going on? Rising interest rates have buyers out in force, trying to lock in the lowest rate possible. 

Many sellers list in June. But with so many buyers out now, it's worthwhile to get a jump on that rush. With less competition, sellers will likely net a better price. And listing now does not mean you have to move right away. Buyers are flexible with terms; they simply want to lock in a purchase while they can. 

Whether you are buying or selling in Boulder County, it's important to have an experienced and committed agent on your side.  Call me to better understand  your opportunities in the current market.   
Best, Rich
(303) 931-6979

Area Home Sales
Interest Rates
  • 30 year fixed conforming 4.625%
  • 5/1 ARM conforming 4.25%
  • 7/1 ARM conforming 4.25%
  • 15 year fixed 4.125%
  • 30 year fixed jumbo 4.375%
  • 5/1 ARM jumbo 3.875%
  • 7/1 ARM jumbo 4.0%
SmartRegs Deadline Approaching 
Investment property owners: In the city of Boulder, the deadline for your rentals to be SmartRegs compliant is December 31, 2018. SmartRegs require all licensed rental housing to meet specific energy efficiency standards. Find more information on SmartRegs here.

If you're not SmartRegs compliant, the first step is to get a SmartRegs inspection to see if your property passes or if you need to make some energy efficiency upgrades. If you need a SmartRegs inspection, I highly recommend Steve Root with PPS Inspection Services at 303-472-3528. 
Click here to view Steve's website.

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.

Rich Gribbon | RE/MAX of Boulder
303-931-6979 | RichGribbon@BoulderCO.com


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