January 2012

Moving to Colorado?  If you've considered moving to Colorado, you would not be alone.  Actually, you would be joining a pretty big crowd!  Colorado has increasingly been a popular destination for people moving from other states.  Often called "net in-migration" by demographers, this benchmark refers to the net number of people moving in, i.e. total minus the number moving out.  For the time period from 2001 to 2009, for example, Colorado ranked 10th on the list of the country's most popular destinations.  More recently, an article in the Denver Post cited data from the U.S. Census Bureau, indicating that nearly 32,000 people (net), moved to Colorado in 2011.  That now ranks Colorado 5th nationally:

1. Texas
2. Florida
3. North Carolina
4. Washington
5. Colorado

Boulder Homes For Sale:  Boulder MLS listings offer a wide range of prices; based on IRES data today, there are some 470 single-family listings active in Boulder that range in price from a low of $85,000 (Gold Hill cabin), to $8.5 million up in Pine Brook, with 73 classified as either under contract, under a first right or pending.  That equates to an under-contract ratio of about 16% in Boulder right now.

With this broad range of local inventory available right now, coupled with the lowest mortgage interest rates many people have seen in their lifetime, it makes sense to at least take a look at the opportunities that are out there right now.  The Boulder real estate market has fared pretty well during the past 12 months (ending in November, 2011;