Contribution from Ken Hotard-VP Public Affairs Boulder Area Realtor® Association.
Despite a few snow storms, spring is in full swing in Boulder County, which usually brings robust buying activity in residential real estate. But home sales slowed in April with a mixed bag of a drop in multi-family home sales and a modest improvement in single-family home sales.
And for those who follow the Boulder-area markets, the factor driving this market will come as no surprise. That factor is the inventory level, according to Ken Hotard, vice president of public affairs for the Boulder Area Realtor® Association.
"Inventory continues to be the word of the day," he says. "If you look at the data, last month we saw some inventory gains in multi-family and…