Hi--we are planning to relocate to the Longmont area from Connecticut, looking in the $550,000 range.

Sby
Home Buyer
Connecticut

Is the market stable in that price range? Or do you think there is more volatility at that price? We are considering renting for a year just to see what the market will do.

Answers (9)
Vickie Slade
Agent
Boulder, CO

Hello, Sby!

Longmont is a wonderful area with lots to offer. The home inventories are very high in Longmont right now as the builders have over-built in Longmont and in surrounding areas like Erie. It is truly a "buyers' market with a lot of amazing deals to be had.

I might also suggest, however, that you take a look at Boulder, where your money will buy you less, but where the home values are constantly appreciating, even in otherwise "flat" markets.

Please also consider, Louisville --- it was voted as the third best community in the United States to live by Money Magazine and the #1 best community to raise a family. There are a number of wonderful buying opportunities in Louisville, and home values are appreciating nicely! Centrally located, Louisville, is a short commute from Boulder, Longmont and Denver.

Lafayette, is another consideration, also close to Longmont. The home values are not appreciating quite as nicely there as they are in Louisville, but many great neighborhoods and golf course community homes to choose from.

I would be happy to assit you in in any way that I can and suggest that you also visit my web site at http://www.vickieslade.com to view information on our area schools, entertainment, biking & hiking trails, etc.

Please contact me if I can provide any additional information for you or answer any additional questions you may have.

Regards,

Vickie Slade

Tue Jul 1 2008, 21:01
Elizabeth Ney
Other/Just Looking
Boulder, CO

you might want to look around awhile. I would check out the neighboring towns and taxes in each. There are a wide variety of places to live in and near Longmont and it will give you a chance to check crime rates, schools if you need them, shopping etc. Boulder is very close by, as is Berthod, Firestone, Niwot. Depends on how much of a small town feel you want.

Tue Jul 1 2008, 15:45
John Keene
Broker
Denver, CO

If you are still considering moving to Denver, check out this month's 5280 article on Denver real estate.

I hope you find it useful,

John Keene
303-547-7578

Mon May 5 2008, 14:59
John Keene
Broker
Denver, CO

Where in Connecticut are you from? I grew up in Westport...

Anyway, according to a recent article in Realtor Magazine, Denver is ranked 7th for cities that are best for sellers. Which to me signals the end of the "buyer's market" were are currently in. The article cites a dramatic drop in new home construction and an increase in the job market here.

I have an excellent search tool I'd love for you to check out. It's free and comes with no obligation, but I think once you start using it you will love it (all my other buyers do). It is especially useful for out-of-state buyers. Give me a call so I can enroll you.

John Keene, EcoBroker
Keller Williams
303-547-7578
http://www.livegreen-denver.com
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Thu Apr 24 2008, 13:25
Kurt Kohlbeck
Agent
Longmont, CO

Hello Sby, Right now there a 29 homes between $500,000 and $600,000 range in the Longmont area on the market. There are more in the near outlying areas depending what your needs in a home are.the market in this price range seems to have stablize for now. My question to you is why would you wait a year when prices are low and intrest rates are so low. The monies you spend on rent negates the equity you can build in a year. If you don't have an agent I would be happy for you to contact me and I will get more info about these homes and update you on any new listings that meet your critera. As it has been said It is hard to predict the future. Now is a great time to buy.

Thu Apr 24 2008, 10:30
Jenny Lane
Agent
Boulder, CO

$550K will buy you more in Longmont than in some other areas in the Denver area, depending on what your comparison is to Conneticut. Longmont has not been doing very well in the low-end market, but the higher end market in Boulder County (of which Longmont is a part) has been doing better. Still not fantastic as it was a few years ago. It's not as volitile in that price range to answer your question. Louisville and Superior have been doing well, and you might want to check out Erie as well.

It's always hard to predict what will happen in the future though.

Wed Apr 9 2008, 10:56
Troia Team
Agent
Colorado

The longmont market is still on the decline, good news you can get a lot for your money and at a good value. The inventory is high and prices are declining, thus a good deal. No one can predict what the market will do, but my guess it will remain like this for a few years. A house is a commodity and will sell for whatever the market determines, right now is a good time to buy.

Wed Mar 26 2008, 21:38
Susan Walker
Broker
Oklahoma City, OK

Our declining market in Colorado Springs seems to be leveling off, and not all markets declined in this city. There have been areas that although didn't appreciate by much did not depreciate. Just remember real estate is local even down to the subdivision. And, an expert in Longmont real estate would be of a big help to you in this decision.

Here is a great link to help you in your consideration of whether or not to buy:
http://www.time.com/time/magazine/article/0,9171,1713483,00.html

Best of luck,
Susan Walker

Thu Mar 13 2008, 17:03
Chuck Sharpsteen
Agent
Denver, CO
FIRST ANSWER

Most of colorado has been deemed a declining market by investors. A lot of folks think that most of the decline is over with and things seem to be leveling out.

I would talk to an experienced Realtor in that are. I could refer you to one if you like.

Chuck

Thu Mar 13 2008, 11:14

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