Last month's sales and inventory evidence for Boulder (our fair city) do not support a change in fundamentals. As shown in the chart for Boulder below, October had a 10% decrease in inventory of single family homes available from the same period a year ago. Meanwhile, the number of homes sold did not change. Thus far, (in Boulder, at least) there are few signs of a real estate downturn. Keep your eye on the upcoming indicators for the big picture. If you'd like to see how neighboring communities stacked up, please contact us.
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As always, your referrals are deeply appreciated.
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
As always, your referrals are deeply appreciated.
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
