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Welcome Spring!
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Moving Into March...Welcome, Spring!

Spring is arriving and that means that we've transitioned into our traditionally busy season in the Real Estate industry. There's a lot of useful information in the Buzz this month for future and current homeowners, including this year's Boulder Valley Real Estate Report compiled by RE/MAX of Boulder. I've also included a great article highlighting 5 tips for buying a home in Boulder County. Oh, and don't miss the interesting NY Times piece about the hotel with the worst view in the world, but the most interesting art on the walls. Speaking of art, are you considering redecorating, remodeling, or building an addition on your home? Perhaps you're thinking of buying an investment property, or selling your home. Remember that no matter what your plans are, I'm here to help you navigate the often tricky waters of our local market.

Starting off the Year with Stats to Impress...
The February stats show us that prices are increasing as predicted, and inventory remains limited. The median price of a single family home in Boulder County is now $540,500 and is up 11.1%. And, townhomes and condos are selling for a median price of $365,500, up 12.6%. CLICK HERE to read the full stats. The Spring market is going to be busy and if you're considering selling your home, this is the time to prepare. 

Don't Miss the 2017 Boulder Valley Real Estate Report

The Boulder Valley Real Estate Report is full of statistics, information regarding your city's trends, and the projected outlook for 2017. Something to keep in mind: "The average sales price for a single family home in Boulder County increased by almost 49% over the last 5 years." That is a HUGE increase, which is great news for all of you homeowners. If you are considering selling, this is an ideal time to do so because prices are competitive and inventory is low. Learn more about the stats and the look ahead for your specific location in Boulder County in the full report by clicking here

Five Tips for Future Boulder County Home Buyers
Boulder County is one of the top places in the country to buy real estate, and if you want to buy a home here, you might want to consider the 5 tips from this article in the Daily Camera. For example, "Keep your real estate dreams in check" and keep your income to mortgage payment ratio closer to 25%. While it may be tempting to buy the most home you can get approved for, that isn't always the most financially practical choice. Another great point is to remember that "For most of us purchasing a Boulder County home really isn't about future appreciation...it's about securing a place in a community where we want to live, connect with neighbors, and perhaps raise our children." For these reasons and more, Boulder County is a great place to purchase a home. 

Where is the Hotel with the Worst View in the World?
In the "West Bank city of Bethlehem whose windows overlook the barrier that separates the territory from Israel," according to this article in the NY Times. The cool thing about it is that the famous artist, Bansky has decorated the walls of this hotel with artwork in the form of "witty illustrations and dark political commentaries." This artist has work all over the world and some has sold for over a million dollars. Perhaps the next time you travel internationally, you'll want to take a trip to check them out...You can stay in the hotel for only $30 a night!

What's Happening this Month: 
Boulder Creek Cleanup and Cookout. April 1st, 10am-1pm.
Boulder Farmer's Market, April 1st, 8am-2pm.
Tulip Fairy and Elf Festival. April 2nd, 1-5pm.
Boulder Symphony "Day of Reckoning" April 8th, 7-9pm.
Taste of Pearl. April 23rd, 2-6pm. 

Ande Rice
Broker Associate

 

303-884-5785
RE/MAX of Boulder
1320 Pearl St, Ste 100W
Boulder, CO 80302

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*Photo credits: the NY Times and Realtor.com