It’s spring and homes show better in the spring than at any other time of year. Seasons are becoming less of an issue. January, February and March were some of my best months thus far since 1998.
Buyers for Boulder real estate are psyched to buy now. Buyers have taken to stealthing out sellers in neighborhoods, where nothing is for sale and at parties, ears perk at the merest hint of anyone thinking of selling.
Negative economic news continued to play a big part in the sluggish home sales during most of last year. People have pent up demand. The stock market has come back and buyers are feeling flush.
Bad economic news and massive uncertainty lowers consumer confidence. With all the negative economic news it tailspins buyers in to feeling little to no confidence. That is over in Boulder where buyers are abundant and houses for sale are few, driving prices up and bringing multiple offers on homes properly priced.
With consumer confidence on the upswing; interest rates historically low and unemployment decreasing; we have the perfect storm for Sellers. High-demand, low-inventory market gives sellers an edge.
These positive indicators combined with a drop in homes for sale at the end of 2011 and a decrease in unemployment may provide huge opportunities for sellers in 2012, provided their homes are priced right for the market.
Any major surprise on the economic front could change the picture, but regardless of the economic indicators, the best time to sell is when the time is right for you, the Seller.
Michael is a longtime resident of Boulder and has been in real estate since the mid 90′s and with Sotheby’s International Realty since their inception in Boulder County and along the front range. About Me If you have questions regarding this article 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