Posted by Michael Hughes
The summer heat permeates my being and my morning runs. I think about what was over there, years ago or what has changed in Boulder. Here, historically the lowest interest rates & home prices Boulder has ever seen, make now the best time ever to buy. Opportunities available today will not last forever… Much like the stock market you can’t choose the bottom however if the bottom has not already occurred it is near it. John Paulson has repeated over and over ‘buy.’ Who is JP? He is the hedge fund leader who anticipated the coming collapse of the subprime mortgages, shorted them and several billion dollars later he has evolved as the pinnacle of wisdom on housing and mortgages and timing.
I remember coming to Boulder in the late 70’s and thinking how outrageous I thought it was to have to pay $189,000 for 5 acres and a 2400sf ranch surrounded by open space. Brilliant? No. Time after time real estate in Boulder has proven to be a great investment. It is a time tested theory and over time it will test out again and again and again. As long as you’re not using your house as an ATM utilizing HELOC’s or refinancing and removing equity every other year you’re, if not already, going to be golden. Boulder real estate, stronger than ever and becoming more and more extraordinary every day.
Michael is a longtime resident of Boulder and one of FSIR’s most successful Realtors with Fuller Sotheby’s International Realty. If you have questions regarding this article any of the neighborhoods or have any questions about Boulder or would like information about Boulder real estate or Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes is a Certified Negotiation Expert and full time Realtor at Fuller Sotheby’s International Realty in Boulder, CO.