As we digest the end of the 3rd quarter and look over our Top 10 Vital Statistics (click below to see the stats), there are obvious signals of an active, yet flattening, market. Total Active Listings are up 19%-24% for condos and single family homes, which normally fuels a very active market. However, several other indicators suggest a softening of prices. Be sure to consider “days on market", expired listings, and months of inventory - all of which convey what Median and Average Prices are doing now compared to this time last year. Click here to see October's Top 10 Vital Statistics.
First-time Homebuyers Will Lift Housing Market Through 2022
In contrast to past predictions, Millennials are now expected to surge into the housing market in 2020. In this article from Yahoo Finance they discuss how improved economic conditions are making it possible for more first-time buyers to leave renting behind.
Design Lesson: 14 Brilliant Ways to Incorporate Bold Colors Into Your Home
In this article from 5280 Magazine they ask four local Colorado designers how to best use bright, bold colors. From paint color to accent pieces to patterns, they give you ideas for where to start, and how to finish strong.
Boulder Approves Vape and Open Space Taxes, Middle-Income Housing Measure
The 2019 election results came in and all 3 measures on the ballot passed with wide margins. For middle-income families the new measure will mean an opportunity to receive a loan for up to $200,000 to buy a house. Read more in the article from the Daily Camera.