Wednesday, December 30, 2009

Great Place To Live







GREAT news for anyone interested in the Boulder County real estate market. Boulder County was ranked #8 in Money Magazine, (December 29, 2009) for best places to look for a job (with an unemployment rate of 5.3%) in the entire country. Yet one more reason why Boulder County is a great place to live, and a smart place to invest in real estate.

Tuesday, December 29, 2009

Superior CO Homes For Sale

Superior CO Homes For Sale



Superior, Co Real Estate has shown a dramatic decrease in months supply of inventory over last year. Currently Superior is hovering around 3 months supply.

Their a couple hot markets to watch in the Boulder, CO area.

Superior CO Homes For Sale
Louisville CO Homes For Sale
Longmont CO Homes For Sale
Lafayette CO Homes For Sale

Surprising the Boulder, CO market is the slowest market in the area when we look at months supply of inventory. This of course is a result of the higher price ranges found in Boulder.

Wednesday, December 23, 2009

Tuesday, December 22, 2009

Boulder CO Schools


Boulder CO Schools

As Callie enters middle school I am very impressed with the Boulder's open enrollment process and how supportive the different schools are in allowing the parents and kids educate themselves on the pros and cons of each school.

In most areas their are only two options either private or the school closest to your home. The Boulder Valley school district has done a nice job of embracing the open enrollment process and Callie has multiple options to choose from. She can attend Manhattan Middle School with it's focus on the arts. She cold attend Centennial Middle school, which because of it's size offer a multitude of after school activities and has a mote "traditional" curriculum. She can stay at Horizon's Middle School with it's smaller size classrooms and focus on making a difference in the world through respect and communication. The list continues with Casey Middle School, Platte Choice, Summit Middle School, Peak to Peak Charter School. Every school is exceptional, but adjusts their daily course load and philosophy to bring out the best in each child.

If you haven't had a chance to check out the Boulder Valley School District Website and go through the different options you owe yourself a view into the different options available.

If you are new to the area and wish to see different housing options be sure to look at View more Boulder Homes and Real Estate information or Search homes in Boulder, Colorado, and surrounding Colorado Real Estate markets

Thursday, December 10, 2009

1855 Garland Boulder CO




1855 Garland Boulder Co

Stunning new remodel in North Boulder featuring 4 Bedrooms 3 Bathrooms and a gourmet Kitchin with Stainless Steal Appliances and a Duel Fuel Wolf Range. The home is ideally located close to shopping, the North Boulder Recreation Center, Ideal Market, and Vics and Moes.

The Sellers truly created an exception home.

Best in Boulder Real Estate


If you are looking for the best real estate Boulder has to offer, then look no further. I can show you right now. One of my favorite neighborhoos is Sunset Hill, a small enclave of premier homes that overlooks the city of Boulder. Sunset Hill is perched right above the city and highlights the Campus, city, and the Foothills. Just a stone's throw from Historic Downtown Boulder, North Broadway Shops (Vic's, Moe's, Jacque Michelle, Ideal Market, Radda, etc.), hiking trails and schools. This is a highly sought-after neighborhood offering a superb and convenient location surrounded by quality homes. Here is a great home for sale in Sunset Hill.

1435 Sunset Blvd






Wednesday, December 9, 2009

1855 Garland Boulder




1855 Garland Ave Boulder CO


Amazing Boulder CO Home For Sale



Stunning 4 Bedroom 3 Bath remodel in North Boulder located near the Recreation Center and short distance to Ideal Market. Completely remodeled, this immaculate home offers quality finishes including granite countertops, cherry cabinets, Wolf Dual-Fuel Range, Bosch dishwasher.



The kitchen opens to great room, dining room and deck for entertaining. Surround sound for home theatre, custom cabinets and lighting. All windows accented with Hunter Douglas blinds.
For Addition Homes For Sale in Boulder CO Visit: www.homesincolorado.com

Thursday, December 3, 2009

Boulder CO Shows Strong growth in November 2009

Boulder County Home Sales experienced a 66% increase in November 2009 over November 2008 Sales. In November 2008 Boulder County had 6.1 Sales per day for Single Family Homes and Attached Dwellings combined in November 2009 this number grew by 66% to 10.13 sales per a day. This much more in line with the numbers we were experiencing for the same time period back in 2006 prior to the rug being pulled out from under the financial markets.

The November numbers are a nice reference point when we take into consideration we experienced a very stable market with upward trending for September and October as well. It is still a little early to tell if this is just a bump prior to another adjustment or are we truly at the bottom and beginning to climb back up. But it also is interesting to note that when I wrote about The Fall of Lehman Brothers on September 13th how the numbers are starting to align with that blog.

I look forward to reflecting back at the end of Q1 2010 to get a full picture of where we are in the cycle. My prediction is we will continue to see the positive trending fueled by the tax credits, pent up buyer demand, and all time low interest.

A couple great links to areas that are starting to see strong real estate sales growth in Colorado are:

Fort Collins Co Homes for Sale

Greely Co Homes for Sale

Evergreen CO homes for Sale

Wednesday, November 25, 2009

Boulder Homes For Sale

Boulder Homes For Sale:


Boulder Colorado has posted its first year over year decline in median price in 21 years of 540,000 to 535,000, of course we are not talking the sky is falling numbers we are actually seeing a slight increase in average sales price of .4% and a .9% decrease in median price or less than one percent. When you combine this with the First Time Home Buyer Tax Credit I would have expected the Median price to be even a little lower. If we remember from our grade school days the median price is the point that half of all sales are above and below that point. Another way to look at it is the median price is the fulcrum point of the market. In this case we can comfortably predict our median price would have come in balanced or up slightly if the lower end of the market had not been stimulated by the tax credit.

Boulder Colorado Luxury Home market also has been slower over the past year. We are just starting to see this market come alive again, but there is still large amounts of inventory available. With 23 homes built after 2007 and priced over $2,000,000 on the market. At the current sales rate we have 5 years of inventory. Less upper end homes can have a negative effect on average sales price. The upper end doesn't truly impact median price unless we see home lower than the $535,000 point being impacted.

Saturday, November 21, 2009

Superior Co Homes for Sale Market Report








Superior Co Homes for Sale Market Report



Superior Co homes sales are tied to Rock Creek Homes. The recent statistics are the strongest numbers we have seen in Rock Creek and Superior CO for the last two years. The Rock Creek Subdivision currently has 3.5 month of inventory on the market compared to 6.1 months of inventory in October 2008 and 4.7 months of Inventory in October 2007.

We are also beginning to see the median price of the properties sold is equal the current inventory on the market, which tends to indicate that Buyers and Seller have similar expectations in the market.

The next indicator to look at is the Average Days on market has jumped to 170 Days. This is a similar pattern that I saw when looking at the Louisville CO market a couple of days ago. This is a nice movement, since it says Buyers are beginning look at the stagnant inventory and determining it now makes sense. This of course can be the result of Sellers expectations becoming more realistic.

Between October 2007 and October 2008 we saw the median price of Homes in Superior and Rock Creek fall. The October 2008 to October 2009 shows nice trending upward in the last half of the year.

Overall Rock Creek is showing foundation for a strong market moving forward. When we combine this with the expanded Home Buyer Tax Credit through April of $6,500 and the fact that the employment rate in Boulder County has been strengthening Rock Creek is one of my best bets for appreciation in 2010.

Rock Creek Homes for Sale.

Wednesday, November 18, 2009

Louisville CO Homes Supply and Demand




Louisville Co is again beginning to see a drop in Supply and a increase in Demand. According to above charts we are showing only 3.5 months of inventory on the market. An interesting Trend is the Average days on market have risen from 60 days to 110. I know what you’re saying "Greg this does not make sense if the market is getting stronger." Actually it does, when a market begins to turn. What we are seeing is Buyers are no longer waiting for the perfect new homes to come on the market. They are beginning to reach into the stagnant inventory and say "hey that house that did not make sense yesterday makes sense today." Soon we will see the lagging inventory also begin to diminish and Louisville, CO looks like it is in for a strong first quarter of 2010.

For a list of homes for sale in Louisville, CO just select the link.

Tuesday, November 17, 2009

Family Event Thanksgiving 2009


Family Event Thanksgiving 2009

THANKSGIVING TURKEY SHOoOoOoOT!


Get a turkey by shooting free throws at this Saturday, November 21st at 9 am.

Bob L Burger Rec Center located at 111 West Baseline Rd. (303) 665-0469.

This will be a such fun family time that everyone will love!

Free Turkyes will be awarded to TOP shooters in each of four male & female age-group categories, and in a second-chance competition.

Thursday, November 12, 2009

Home for Sale in Broomfield, Colorado







Home for Sale in Broomfield, Colorado

You have just found the best spot in Redleaf... THIS IS IT! Open space on three sides and an extra humongous corner lot make this home stand above the rest! Redleaf features several acres of open space, trails, SIX parks in the neighborhood, the Paul Derda Recreation Center 5 star amenities and amazing views... just out your front door. Home offers a versatile open floor plan with 4 bedrooms, 4 bathrooms, a big loft, tons of office space and a 3 car gar. Professional painting, Brazilian Cherry flooring, tile floors granite counters, vaulted ceilings, beautiful landscaping and warm gathering spaces make this dream home move in ready just for you!


Click here to see all the details of this amazing home.

What is HERS rating?

What is a HERS rating? (According to my wife my "HERS" rating has been down lately)

His HERS who cares? Well today’s buyer is beginning to care, since the quality of life and the amount of the energy a home uses can be directly related the HERS score. Didn’t the marriage councilor tell me not to keep score? Woops I digress. As any smart man knows it is about her or in this case HERS, which stands for Home Energy Rating System and yes keeping score matters

The lower a home’s HERS Index number is, the more energy efficient the home is. A home built to standard code scores 100. A “net zero” energy home scores a 0. See I told Cyndy she should be happy she married a 0. Each 1-point decrease in the HERS Index means a 1% reduction in energy consumption. So a home with a HERS rating of 75 is 25% more energy efficient than the stand home built to code scoring a 100.

How to score a high HERS rating.

Home efficiency starts with the envelope of the home. Upgrades such as double or triple pane windows and high quality insulation greatly impact your HERS rating.
Next is heating system; Tank-less water heater, high efficiency heater, geothermal water pipes in ground.

Another leading factor is your appliances, energy stars appliances are a must! So are Low flow toilets and showers which limit the amount of water usage.
How can you supplement power to the property? PV solar power, passive solar design, wind power are all ways to lower your overall impact and achieve a lower HERS rating.

The design features of the home can also have a direct impact on your HERs rating. How have you integrated overhangs into your design? What percentage of the home is glass, where do you have breaches in the envelope, such as fireplaces?

In essence the HERS rating system requires architect and builders to plan ahead to achieve the most cost effective and efficient home. In many cases it requires compromise and an eye on the long-term pay off. In essence maybe the two types of HERS ratings are not that different.

Below are links to some of the Energy Efficient homes we have for sale:

Caribou Ridge, Nederland

Alpine Dr, Boulder

Euclid Ave, Boulder

Sunset, Boulder

Friday, October 30, 2009

First Time Home Buyer Tax Credit Extension and Lafeyette Real Estate

2448 Bitterroot Circle, Lafayette, CO


Luxury Homes in Lafayette seem to be coming back to life. In the past 30 days we have seen 3 properties in Indian Peaks over $700,000 go under contract and one home over $1,000,000 close. This is strong growth when compared to only one home going under contract for $700,000 for the previous 9 months.

The proposed new tax incentive will help to further stimulate the market with it's expanded credit to new Buyers. The new credit is looking to extend benefits to First Time Home Buyers through April and also allow Buyers who have been in their homes for over 5 years and have incomes of less than $125,000 for single filers and $250,000 for joint filers to receive a tax credit of up to $6,500. When we combine this credit with already low interest rates this is a very nice incentive to allow the middle Buyer to take advantage of today's great Colorado real estate prices. Only time will tell, how much the Tax credit leads to a trickle up stimulus to the market as a whole, but these new incentives should help.

Now if we can just get the banks to wake up and lend to qualified Jumbo Borrowers we should see some true stabilization in the market. 20% down over 700 FICO score Buyers seem like a good investment to me.

Thursday, October 29, 2009

1306 Banner Circle, Erie, CO










1306 Banner Cir, Erie, CO 80516 Kenosha Farm Subdivision


Price $329,000


Large Lot in Kenosha Farm. Situated on oversized yard with a large deck for outside entertaining. Backs to open space and has tremendous views of the back range. This home features 3 bedrooms, 3 bathrooms and study. Large two story with open floor plan. Upgraded eat in kitchen overlooks family room with fireplace. Home also features large master suite with fireplace and luxury master with jetted tub. Extra bedrooms have Jack and Jill bath.