Tagged : boulder real estate

Boulder, CO Population Tops 100,000: Is Boulder Real Estate Affected?

Phil Boren

Wednesday, June 23rd, 2010 at 11:31am. 128 Views, 0 Comments.

Boulder, CO's population has, according to the U.S. Census, exceeded 100,000.  Is Boulder real estate affected?  There is good and bad news that comes with this milestone; the bad news is that Boulder is more crowded, has more traffic, and has to deal with all the infrastructure pains that growth inevitably brings.  The good news is that by virtue of breaking this "magical" population barrier, Boulder may now be eligible for more state and federal funding that "small" towns (under 100,000), are not eligible for.

The following data is from the U.S. Census Bureau, which tracks population as of July 1 each year:

The Boulder real estate market will likely be positively…

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Boulder Landlords: Update on Boulder's New SmartRegs

Phil Boren

Tuesday, May 25th, 2010 at 1:36pm. 124 Views, 0 Comments.

Boulder Landlords and Tenants: At the last Boulder City Council meeting on May 18th, the city's proposed new "SmartRegs" concerning rental property were discussed.  I was a little surprised to hear that many Boulder landlords spoke in favor of the new regulations.  Some tenants spoke out about the high cost energy/utilities in Boulder, which really speaks to the heart of this issue.  The devil's in the details, though, and implementation might be easier said than done.

In a previous post we discussed some of the details of Boulder's proposed Rental Energy Conservation Ordinance (RECO); prior to the next public hearing, you can also call and email City Council member(s) and let them know your position.  Due to the amount of public interest, the discussion…

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Gold Run Condos in Boulder, CO | Gold Run Condos For Sale

Phil Boren

Friday, May 21st, 2010 at 11:59am. 139 Views, 0 Comments.

Gold Run Condos in Boulder, CO: One of Boulder's more popular condominium projects, Gold Run is known for it's convenient location in proximity to The University of Colorado (CU).  Boulder Creek borders the north end of the project, and residents enjoy a health club with pool and workout facilities.

Based on data from IRES as of 5-20-2010, there are currently 22 Gold Run units for sale.  These available units represent a range in price from $167,900 to $459,000, with an average price of $276,958 and a median price of $264,900.  During the past year, 18 Gold Run units sold.  Prices ranged from $165,000 to $455,000, with an average of $263,916 and a median of $238,000.  The average days on the market for these sold units was 91.  The market for these units…

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Boulder Real Estate - First Quarter Results Are Encouraging

Phil Boren

Thursday, April 8th, 2010 at 3:05pm. 111 Views, 0 Comments.

Boulder real estate has produced some encouraging results in the 1st quarter of 2010.  The following chart summarizes some results for the City of Boulder single-family re-sale market over the past 6 months, based on data from IRES as of 4/08/2010:

Comparing the results from the 1st Qtr. of 2010 with the 4th Qtr. of 2009, there are some positive signs.  This chart in particular depicts three important stats: 1) The average number of Boulder homes for sale has declined by 5%, 2) The average number of homes under contract is up 57%, and 3) The average percentage of inventory under contract is up 64%.  While there is some seasonality inherent in these numbers that would temper the increases to some degree, the general trend is definitely…

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Boulder Homes For Sale

Phil Boren

Thursday, March 25th, 2010 at 4:08pm. 98 Views, 0 Comments.

Boulder homes for sale: Did you know that according to IRES as of today, there are 1,835 single-family and attached Boulder County homes for sale that qualify for the federal tax credit of up to $8,000?  That's a lot of opportunity - sometimes you have to take the leap of faith and jump into the market!  Here's a breakdown of qualifying home inventory in a few local areas today:

With home mortgage rates at record lows and with this many qualifying homes on the market - many at reduced prices - the April 30th deadline is fast-approaching.  As of today there are only 36 days left to claim this…

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Boulder MLS Listings: Now Search For Active and Sold Listings!

Phil Boren

Wednesday, March 17th, 2010 at 11:39pm. 166 Views, 0 Comments.

Boulder MLS listings have always been easy to search on BoulderHomeResource.com; now our newest online feature will also enable you to search the Boulder MLS for SOLD listings, too!  Read more about Sold Boulder MLS Listings, but now you can see what properties are currently available and which ones have sold within the last year.  You can search Boulder MLS listings as always, but our new feature allows you to specify "Active" and/or "Sold" listing results:

We're working hard to provide you with the most complete online experience in the market for Boulder Valley real estate.  Check out our newest MLS-search feature!  If you're thinking about Boulder real estate, or about buying or selling a Boulder home, please call us at 303-441-5647 or contact us…

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Boulder County Foreclosure and Short Sale Listings: Find Distressed Properties For Sale

Phil Boren

Wednesday, March 17th, 2010 at 11:09pm. 205 Views, 0 Comments.

Boulder County foreclosure and short sale listings might represent an opportunity for Boulder home buyers, especially as the first-time home buyer tax credit deadline of April 30th approaches.  We have added a new feature on our website that will make it even easier to spot these deals and take advantage of what may be a vanishing opportunity!  At BoulderHomeResource.com you can search Boulder MLS listings as always, but as illustrated below, our new feature will enable you to specify that you only want to see foreclosure and/or short-sale listings!

As of this writing, IRES reports that there are nearly 100 of these so-called "distressed properties" (single-family detached) active on the market in Boulder County across all price ranges.  Many others…

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Home Buyers: Only 45 Days Left

Phil Boren

Tuesday, March 16th, 2010 at 1:04pm. 69 Views, 0 Comments.

Home buyers, there are only 45 days left to take advantage of the federal tax credit.  Home prices, inventory, mortgage interest rates, federal tax credit of up to $8,000 - lots of reasons to consider buying a Boulder home.  Even if you're not a 1st-time home buyer, there's a new provision that might make you eligible for a $6,500 tax credit - but the April 30th deadline for being under contract is fast-approaching.  Wouldn't this bill look good in your hands?

We just added a new feature to our Boulder real estate website (BoulderHomeResource.com), that enables you to not only search MLS listings, but to run a separate search for foreclosure and short sale listings!  There are deals out there if you look.  Take advantage of this opportunity; call us…

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Boulder Neighborhoods: Something For Everybody

Phil Boren

Saturday, March 13th, 2010 at 7:12pm. 234 Views, 0 Comments.

Boulder neighborhoods offer a diverse set of amenities to local residents.  According to a recent report from Zillow.com (see shart to the left), median single-family Boulder real estate values at the end of 2009 ranged from a low of $434,200 in South Boulder, to a high of $634,900 in Central Boulder.  The overall median single-family home price for the City of Boulder was $495,700.  We discussed these Boulder home-price trends in a previous blog post.

South Boulder neighborhoods offer home buyers a wide range of single-family home prices from smaller, post-war Martin Acres homes to coveted Chautauqua homes just a short walk to Chautauqua Park and the Boulder's Flatirons, open space and trails.  Central Boulder neighborhoods like Whittier, offer…

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Buying a Boulder Home: The Value of a Home Inspection

Phil Boren

Thursday, March 11th, 2010 at 10:35pm. 132 Views, 0 Comments.

Buying a Boulder Home is a great long-term, wealth-building strategy.  As part of that strategy, getting a home inspection can help ensure the soundness of your investment.  There are numerous Boulder neighborhoods that offer a variety of housing options and finding that "dream home" is an exciting thing.  Don't let the excitement of the moment or the potential cost diminish the importance of getting a thorough home inspection.

Buying a Boulder home involves a significant investment - and getting a home inspection is not free, either.  You can buy a home and skip the inspection or get your brother-in-law to look the house over, but given the price of Boulder real estate, it's probably not a wise move.

A competent home inspector will, among other…

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