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Home Selling in Boulder : Real Estate Advice

  • All151
  • Local Info16
  • Home Buying49
  • Home Selling10
  • Market Conditions10

Activity 14
Mon Aug 6, 2012
Irina Karan answered:
You can check out Google Voice - but you have to have a Google email account.
You'll be assigned a number that's not your cell/home number, and the prospects can leave you vmails. This is free.

Hope it helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
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0 votes 5 answers Share Flag
Thu Feb 16, 2012
Suz A answered:
Ron, a quick look at Trulia stats shows a tightening market for inventory:
The 80301 area (east Boulder) with 128 homes for sale is up 1 percent.
80302 (northwest Boulder) with 235 signs in yards has sales off 5 percent.
80303 (southeast Boulder) with 194 homes for sale shows sales are up 20 percent.
80304 (heart of Boulder) with 268 homes for sale is up 1 percent.

The southeast area is hurting for inventory. The 80302 area which includes some mountain properties is the softer area. The sales pace seems to have lost some velocity as inventory declines.

Boulder stats show 825 homes on the market and that is fairly thin.

And, the situation is not limited to Boulder!

The number of homes sold is up 15 percent in 80504 (east Longmont/Firestone). The picture for inventory there is declining inventory. Interestingly, 80501 (central Longmont) and 80503 (west Longmont) sales are down from last year. This area's inventory, too, shows inventory declining.

Trulia says Longmont sales are off almost 12 percent from last year. Slower sales, though are a reflection of declining inventory. There are about 750 homes on the market. That is almost 20 percent below levels of 2005. The result is home prices are up almost 4 percent.

The question is how much longer can this go on, Ron?

As inventory draws down, prices move up. But, there is a limit isn't there? Buyers extend their search so that the effect is felt over a broader area. That may be the reason a developer brought plans for 5,000 homes to the Erie planning department last year. The east side of Boulder County (and into Weld County) could be the most active in months ahead. But that development in Erie is still on paper.

Thanks for your post, Ron.

Suz
PML of Longmont, CO
720 810 0683
bouldersuz@gmail.com
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0 votes 1 answer Share Flag
Sun Feb 19, 2012
David Janis answered:
Dear Stoner House,

I like having rentals - good income and inflation protection. For $70k, this sounds like it would be a good long term investment.

On the other hand, you could take the $70k and buy a nice dividend stock. You would have as much income or tax advantages but there would be much less time invested and your money would be more liquid.

What are you leaning towards? Just follow your gut...
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0 votes 5 answers Share Flag
Wed Nov 9, 2011
Sally Grenier answered:
I feel your pain, but this is the reality of selling a home. When you are under contract with one buyer, you need to disclose that. There really is no option for "active contingent". Active/Backup technically means it's still active, and available for showings, and accepting backup offers. However, most agents will not show those to a buyer, unless your options are very limited. For example, if my buyers and I have seen everything, and still haven't found what they want, I will look into properties that are "active/backup" . I will ask the listing agent how the contract is going. Sometimes, they say "please go show it...deal may fall due to X, Y or Z". ... more
0 votes 5 answers Share Flag
Wed Apr 18, 2012
Cathy Bureau answered:
Coboulder -

Every buyer is different so who knows? But if there is an issue getting flood insurance than there may be an issue getting an FHA loan. This may need to be a cash buyer. I have heard of some people challenging that ruling so call the city development office to find out if there is any proof of the flood plain.

Good Luck!

Cathy Bureau
Broker-Owner
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0 votes 10 answers Share Flag
Thu Apr 5, 2012
Guy Gimenez answered:
Pure PR by a puppet of the administration. I've been hearing the administration make this same statement time and time again. Believe only half of what you see and none of what you hear.

Texas saw a 12% drop in sales in March 2011 and we're in much better shape than most of the country. I've said since 2008 that it will be 2015 or 2016 before we see any since of normalcy to the market. The credit markets are tight and won't be loosened up prior to the crash of the dollar which will throw us into a tail spin. Consumer confidence waining.

Hope for the best and prepare for the worst, and by all means don't believe what politicians are telling you. They are accomplished liars.
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0 votes 10 answers Share Flag
Wed Feb 9, 2011
David Janis answered:
Hi Peter,

Simply go to:
1) My trulia
2) My listings
3) Select open house

I am guessing that your listings may not be uploaded... Give me a quick call and I will walk you through it.

Dave Janis 303-442-5001
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0 votes 0 Answers Share Flag
Mon Dec 27, 2010
Fred Glick answered:
If there are defects in the house, then it might be an issue because the home inspector of the buyer might find issues and you won't be able to cure them unless you pay for them.

Then, you can still stay in the lawsuit and get reimbursed if the issue is decided in your favor.

If there is an issue with the common areas of the condo that can be seen by an appraiser or home inspection, that may be an issue.

Let your real estate agent decide if it makes sense. That's part of what you pay for the agent to do.

Good luck!
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0 votes 12 answers Share Flag
Sun Oct 3, 2010
Kevin Olson, Jessica Laude answered:
You have to go into editing your profile (the edit button is on the right side of the screen), and your current image will have a "change photo" listed below it. Just click on your picture and then it will allow you to browse for a photo for you to upload from your computer. You might have to do some adjusting for your picture in order to get it to show up properly on the website. ... more
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Sun Oct 18, 2009
CCC answered:
Hi, it is about the source from Trulia is taking the information. Contact trulia:

http://support.trulia.com/ics/support/ticketnewwizard.asp?style=classic
0 votes 2 answers Share Flag
Thu Feb 16, 2012
Linda S. Cefalu answered:
Dear Sarah,

Are they selling on their own? Are they advertising and if so where?

Linda
0 votes 20 answers Share Flag
Mon Mar 3, 2014
David Janis answered:
My opinion is that there will be continued weakness in the Boulder condo market but it is dependant on the price point. If the condo cash flows than it will not go down in value as much. There has been a lot of weakness in the higher end 400k plus. Looking at the statistics from Baraonline.com, last month only 11 of 392 units for sale sold and for February we are on track for 27 out 464 listings on the market. I graphed out the number of sales vs inventory over the last two years and it doesn't look good (just got ugly the last two months though).

I can e-mail the graph to you. I think it depends on the price that your condo is worth and the location. First time home buyers have been snapping up the lower priced condos and investors have been shying away. As an investor would you rather buy a 900 sq foot condo in Boulder for $400k or a 3bed 2ba house in Broomfield for $200k? Right now, the next best alternative to Boulder (Denver, Broomfield, Longmont) is more attractive than Boulder because prices have dropped in there but are still high in Boulder. There are a lot of sellers holding their prices high and not selling because they are in denial of the "Recession Proof " Boulder.

This is just my opinion, I like to call it as I see it....
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0 votes 13 answers Share Flag
Thu Jan 8, 2009
Joetta Fort answered:
Different web sites use different figures. How's that for a vague answer?

It does make it difficult to determine what to do when you have a finished basement. Our MLS lists both 'PSF' which is above grade finished space, and 'Fin PSF' which includes finished basement space. You can find both those figures on some sites, but not all.

And it's all complicated by the fact that some basements are finished nicely, and some . . . not so much. But no distinction is made in those figures.

A good idea when figuring what to list your house for is to actually go see some of your competition. That's what buyers will be doing!
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0 votes 6 answers Share Flag
Sat Aug 17, 2013
Jim Johnson answered:
Sure, but it would not make much sense for you. You are making a mistake going FSBO, but that's your decision. I suggest therefore that you create your own Web site, and then list your home on the two top FSBO sites.

Create a site for you home at: http://www.epropertysites.com/

Then list it on the FSBO sites with a link to your site.
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0 votes 11 answers Share Flag
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