Real Estate Data

Found 35 blog entries about Real Estate Data.

Boulder-area housing continues to reach new heights, shrugging off a pullback in July sales.

“Prices in Boulder Valley are at an all-time high in both single-family and attached homes. Also inventory challenges are ongoing. Despite both of those realities, housing demand is absolutely holding,” says Ken Hotard, senior vice president of public affairs for the Boulder Area REALTOR® Association.

The City of Boulder July average sales price reached more than $1.3 million – a 15.4 percent increase for the year. Median price hit $984,648. While Boulder's prices are the highest, every area in Boulder County saw an increase in average sales price ranging from 3.5 percent in Superior to 17.7 percent in Niwot year-to-date.

However, July sales slowed

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March home sales signaled a robust and active home buying season ahead for Boulder County.

“The Boulder-area market rocketed forward in March with strong sales that improved significantly,” says Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor® Association.

Following modest positive movement in February, housing surged forward in March, according to March sales statistics. Boulder Valley buyers showed up strong, undeterred by a market pattern of low inventory and rising prices. This pattern has characterized the countywide housing market for several years running.

Single-family home sales in the Boulder-area jumped 43.3 percent in March compared to February 2018 – 344 units sold vs. 240. Condominium and

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‘Home for Sale’ signs are popping up like spring tulips in Boulder County, showing early indications the selling season is likely to emerge strong this year.

Those early positive signs are supported by February's Boulder Area Realtor® Association sales stats that mark improvement in inventory and sales for single-family and attached dwellings.

“February showed good recovery in sales and inventory from last month’s slow start to the year,” says Ken Hotard, vice president of public affairs for the Boulder Area Realtor® Association. “It sets buyers and sellers up well going into the top home-selling months of March, April, May and June.”

Inventory increased for single-family and attached Boulder County dwellings in February compared to January.

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It’s the same old story, but one we love to hear. Boulder County home sales closed 2017 with yet another increase over the previous year, despite ongoing low inventory, according to Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor® Association.

“All in all, the year was positive. Sales increased moderately over 2016 in both single-family and attached residential housing,” says Hotard.

That’s saying a lot, since sales have increased in Boulder County for several years in a row and prices have increased significantly, while inventory levels never cease to become more challenging.

“The past several years have a pattern of similarity. It’s a sure sign that the demand for a home in Boulder County is strong and

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Thirteen Colorado cities – including two in Boulder County – ranked among the Best Housing Markets in the U.S., according to WalletHub’s report released in August, 2017.

The report compares 300 small, mid-size and large U.S. cities across 21 key indicators of “Real Estate Market” – which ranked housing-market attractiveness and “Affordability and Economic Environment.”

Each dimension was evaluated with weighted metrics, listed below, and then graded on a 100-point scale, with a score of 100 representing the healthiest. The cities were then rank-ordered.

Most of the metrics fall in the real estate market category.

Real estate market metrics are: home value forecast, median home-price appreciation, average days for selling, share of homes

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As summer activities reach their July peak, home buying in Boulder County wanes, succumbing to the allure of family vacation, uninterrupted play time, and preparing for the start of school.  


Photo courtesy of Robson Hatsuka Morgan on Unsplash

Sales of single family homes in the Boulder-area markets dropped 13.5 percent in July 2017 compared to June with 448 homes sold vs. 518. Condominiums and townhomes July 2017 sales also slowed, decreasing 7.1 percent – 130 units sold vs. 140. 

“It’s pretty typical to see a slowdown in sales at the beginning of the third quarter, so this reflects the trend of past years. In July, people focus less on home buying and more on summer vacations,” says Ken Hotard, vice president of public affairs for the Boulder

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Colorado’s booming construction industry can’t find workers fast enough.

Ten years after construction workers were laid off in droves during the 2007-2009 great recession, the situation has flipped. Today, Colorado is faced with a full-on population boom moving full steam ahead, which is fueling a fast real estate market and lack of supply of housing. Skilled craftsman are needed in droves to build those houses and highways.

According to a report by a coalition of Colorado specialty contractors known as the MEP Alliance, there will be more than 56,000 new constructions jobs by 2025 –- a 38 percent increase over today. Over 42,000 of the jobs will be in specialty trades, and 50% of these jobs will be added by 2018.

Retiring baby boomers will

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The U.S. homeownership rate fell to a 50-year low in the second quarter of 2016, much of which was attributable to Millennials staying out of the market. While some have contended that Millennials are not interested in homeownership, recent studies have shown that 80 percent of people still consider it to be part of the American Dream, and 90 percent stated that they want to own a home in the future.

If you are a Millennial and have overcome numerous barriers likely facing you, including crippling student debt, lack of ability to accumulate a down payment, low inventory and high prices, and lack of mortgage availability, why would you want to buy a home versus investing in the stock market, for example? While diversified investments is, of course, a

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If you’re a homeowner, a quickly rising real estate market is good news. It’s comforting to see your home value rise. Yet, many homeowners don’t live in the last home they will ever own, making rising prices also a source of anxiety.

The question is, what do rising real estate prices mean for the next house you buy? Will the home you own today appreciate at a greater or lesser rate than the home you’re going to buy?

According to analysis by realtor.com drawn from millions of listings from 2011-2016, some home features appreciate more than others. Knowing this could help you gauge which home updates pay off the most – and which may not pay off at all. It can also help you choose a home that will appreciate at the top of the curve.

As a point

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Home sales are heating up alongside record breaking summer temperatures in Boulder County.

And experts say these month-over-month double-digit increases in both single-family and attached dwellings countywide are right on cue.

“There’s really nothing unusual here. You would expect to see sales improve as they have,” says Ken Hotard, vice president of public affairs for the Boulder Area Realtor® Association. 

Hotard is referring to the usual increase in sales that accompanies the home buying season. But that’s not the only factor. He says there’s an ongoing Boulder County trend of sales volume mirroring inventory availability.

This month, Hotard notes condo and townhome market sales in particular benefitted from strong inventory gains.

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