Unseasonal First Snow
If you are local, its old news. If you are out of the area, news flash: Boulder had its first snowfall this week. It wasn’t much though the cold snap was enough for a frost. The unseasonal weather is similar to a dip in our Boulder home market. There is no cause for alarm, though it is prudent to take protective measures. Around the house, we put our flower baskets in the garage, covered our gardens with tarps, wrapped the sprinkler pipes to protect from a freeze and turned on the heat.
Owners experiencing a chill in the Boulder home market can take similar steps. Turning on the heat is easy – always think to the comfort of the buyers coming to visit your home. First impressions are important. Big practical measures are important as well. Fall is a good time to re-assess your position on price.
38476 Boulder Canyon Drive
This week my clients on Boulder Canyon sat down with me. We discussed the drop off in showings since we entered the market over a month ago. We looked at what had gone under contract since we listed and what was closing. It made sense reviewing the Boulder home market conditions to institute a price change. And guess what? Showing numbers shot up and we almost immediately received an offer for contract. 38476 Boulder Canyon is now under contract. Sometimes, listening to the experts on unseasonal frosts and changes in the market can save your plans to move and your plants to grow.
Boulder Affordable Housing
Each and every weekend, I blog on the most recent sales in Boulder Colorado. View the homes in this IDX link – you’ll find maps, plenty of photographs and property details. This week’s most affordable home in Boulder closed for the low low price of $460,000. Hold your horses, that doesn’t sound super inexpensive. But it is fairly in line with the current trend in Boulder. Entry level homes in the Boulder home market are frequently selling in the four hundreds.
Boulder Luxury Homes
With a scheduled completion date in September 2014, this week’s Boulder luxury real estate transaction closed at full price $2,200,000. This new construction contemporary only offers model views in the IDX link. Still, a great sign for the local market weathering changes, when spec homes like this one are selling in the Boulder home market.
Real Estate Syndication In The Boulder Home Market
Big in the Boulder real estate news recently is a conversation about ending syndication in the Boulder home market. There are, of course, pros and cons. If you are wondering, what is syndication? It is your home being advertised on all the extra websites out there – from little sites to big. This could even in include Zillow and Trulia. There are advantages to having your home not show up on these sites. In markets where syndication has ended, homes are selling faster.
Though it seems counter intuitive, the reasoning is too often the pay for positioning system on Zillow causes agents with no actual understanding of your home to receive an inquiry online. These agents have never been to your house, no nothing of it and rather than try to get your home sold, are focused on making any sale. Syndication is a hot topic issue in the Boulder home market. I’ll update you as I know more on local policy. Here is an excellent blog re: syndication from NAREP.
And Now A Word From My Sponsors
Er, clients! Had a closing this week with Joey and Jennifer on their new dream home. Buyers purchased in Saddle Ridge, wonderful community with a swimming pool tucked away in the middle of the community. Here are the Boulder home market buyers after the closing:
Congrats on getting that Boulder Canyon listing under contract! (…to both you and the homeowners).
It’s so interesting how a small adjustment here or there can make such a huge difference.