RE/MAX of Boulder #1

Despite Boulder Valley being one of the tightest real estate markets in the country, RE/MAX of Boulder was named the #1 Single RE/MAX Office in the US for 2016 sales volume.

The award marks the 8th time we've earned that national distinction, and I'm proud to be a top-10 agent here. My experience, deep knowledge and fierce commitment to each client together make the difference in our competitive market.

I take a measured approach to the market that ensures my clients are making good decisions. Over the last three years, I've seen some costly errors caused by inexperience. Right now, all signs point toward continued high demand and low housing inventory. More than ever, it's important to have an experienced and committed agent on your side. If you're interested in making a move please call me any time or pass my name along to friends and family. I'm glad to help in any way.   

Thoughts on The Year Ahead

Since 2013, fierce buying competition has dominated the Boulder Valley real estate scene. Demand has far exceeded the supply of homes, town homes, condos and investment properties on the market. A strong economy, robust job market, influx of new residents and low interest rates have driven these conditions. With all of these factors, the first quarter of 2017 shows no signs of waning.

The 30-year fixed interest rate is currently at 4.5%, which is .5% higher than a year ago. Rates will likely increase more this year, but they are still near historic lows.

Intelligence in a seller's market yields better outcomes for everyone. Kicking off my 24th 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 maximize their opportunities by offering measured guidance that results in low-drama, high-yield sales.   

It is very easy to make mistakes in a fast-paced market. In 2017, it continues to be very important for both sellers and buyers to put experience on their side. Questions? Ideas? Please call me anytime.

2016 Review & A Few Predictions

The real estate market was hot again in 2016 not only in the city of Boulder , but throughout Boulder County.  Demand outpaced supply again and the 30-year fixed interest rate remained just below 4.0% for  most of the  year,  a recipe for appreciation. The median price of single family homes went up 14.1% in Boulder County with attached dwellings increasing an astounding  26.8%.

  Some highlights from around the county:  single family homes in the city of Boulder reached an average price of just over $1 million. S ingle family homes in Longmont (the most affordable market in Boulder County)  reached an average price of $400,000 +.

Although interest rates rose from 3.75% to 4.25% the day after the election, further rate increases will likely be gradual. All signs are that 2017 will look a lot like 2016: low inventory coupled with low interest rates resulting in a competitive buying environment and more appreciation. Research firm Veros is predicting that Boulder County will see the second highest appreciation in the U.S. at 10.5% in 2017, behind only Denver.

I'm predicting a very active first quarter, based on pent-up demand and very low inventory.  The first quarter is traditionally an excellent time for sellers to be on the market and 2017 should be no exception. For buyers, being on the market early in the year to get ahead of appreciation is a good idea. If you or anyone you know is considering selling or buying, I'm happy to help. 

I hope you had a great 2016. Wishing you and your family a happy holiday season and prosperous New Year! As always, thank you for your support through your business, your referrals and your friendship.