Our market is definitely changing. One of the better statistical indicators is the “Percentage of Homes Under Contract" compared to past years. We are currently hovering around 38% for single family homes in Boulder County that are “Under Contract", which is still strong, but is borderline as to whether homes will show price appreciation or not. Be sure to look at the local statistics link to gain further insight (hint: notice the inventory change in “Total Active Listings" from this time last year - up 20.6% for Single Family and up 38% for Attached Dwellings!). Click here to see July's Top 10 Vital Statistics.
Here's Some Good News If You're Buying a Home: Cash Is No Longer King
In this article from USA Today, they discuss how a less competitive, more buyer-friendly market and tumbling mortgage rates have lead to a decline in all-cash home purchases.
Great Remodeling Choices 101: What Your Contractor Should Know
Here's part two of a four part series from Colorado Homes & Lifestyles Magazine to help you choose the right contractor for your home remodel. They give you a rundown of what your general contractor should bring to the table so that your project can finish on-time and on-budget.
This City Has The No. 1 Most Stable Housing Market in the Country
And it's Boulder! For the fifth year in a row, Boulder ranked as the best housing market nationwide based on home price growth and stability, according to a new report from SmartAsset. Read more in this article from MarketWatch.