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The Boulder County Mysterious May Market!
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The Boulder County Mysterious May Market 

There's so much happening in Boulder County this month, including a few interesting twists in the real estate market. Some homes are staying on the market longer than a few days, and prices are still going up! Check out the stats for more details. Have you seen a value increase in your home due to reappraisal? Read the article about it below. Also included in the Buzz this month is an article featuring our managing broker, DB, noting an interview he did on the radio this month about the future of the Boulder County housing market. And for fun--take a look at the video tour of a $45M property listed by Ellen Degeneres in Santa Barbara. Wow, the real estate market does mystify me sometimes!

April Sales Bring May Motivation
April sales in Boulder County have buyers and sellers motivated to move quickly. Looking at the stats from April, it's clear that the housing market is still trending up. The median price of a single family home in Boulder County is now $559,500 and is up 8.5%. And, townhomes and condos are selling for a median price of $360,000, up 5.1%. CLICK HERE to read the full stats. Before you take your Summer vacation, let's talk about your plans for your home. 

Reappraised Homes in Boulder County 

What do the reappraisal values in Boulder County mean for you as a homeowner? Homes have increased in value from 13-30% from 2016-2017 and this will likely impact homeowner taxes. As we all know, Boulder County is "a sought after place to live," where competition over homes is high, and inventory is low. Read the full article and learn more about how your home might be affected here. Contact me for any questions you have about the value of your home. 

Managing Broker DB's Interview on how we are Pushing People Out of our Communities
The Boulder County housing market is seeing the negative impact of the expensive cost of living and lack of inventory. DB Wilson, RE/MAX of Boulder's Managing Broker was interviewed on KGNU radio about this issue this month and said, “Kids and youth and families make a community vibrant, but they’re being edged out of Boulder...One of the things we’re seeing in the City of Boulder is the aging of the population.” This unfortunately is "resulting lack of diversity – in terms of racial, ethnic and cultural diversity, socio-economic diversity, and diversity in age." The question everyone has is: what can we do about this? DB says what's needed are "government programs to get more people into housing, such as down payment assistance." That and getting "involved in our local government" and hopefully the urgency of this issue will become more widely recognized. Listen to the full broadcast by clicking HERE



Ellen Degeneres is Selling a $45M Home and it Looks Like This...
Have you ever wondered what kind of home you could buy for $45M? This gorgeous, must-see mansion in Santa Barbara that Ellen Degeneres is selling is spectacular! Complete with 10,500 acres and amazing views, it is a true real estate gem. If you have a passion for real estate, architecture, design, or just like seeing the inside of amazing homes, you need to watch the video tour on Business Insider HERE.

What's Happening this Month: 
Boulder Farmer's Market, Saturdays, 8am-2pm.
Boulder Creek Fest. May 27-30th. 
Bolder, Boulder. May 27th.
Band on the Bricks. June 7th, 5:30-9pm.
The Firebird and the Petrushka. June 9th & 10th, 7:30pm. 

Clove Berger
Realtor

 

303-748-3381
Re/Max of Boulder
2425 Canyon Blvd. #110
Boulder, CO 80302

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