After my buyer clients wrung their hands about the nation’s bad economy, high unemployment rates, the fragile economic recovery, and other catasrophic economic stories they had seen on CNBC, Fox and CNN or read in this morning’s paper; I replied with a simple question: “Ok, but how is your personal economy doing?” After a puzzling look from my clients, I explained that while the nation’s economy is important, it’s not nearly as relevant to them as their own personal circumstances when it comes to buying or selling a home.
In most cases my buyers have solid jobs with excellent incomes, strong savings and investments. With Boulder Luxury Real Estate and home prices bouncing on the bottom in a narrow margin up and down 2%, and mortgage rates near record lows, they were in my opinion in a fantastic position to buy and afford the home of their dreams – most likely in a better position than they will be in the future when interest rates rise and home prices rebound.
Assuming your “personal economy” is reasonably good, it may be time to swallow your fears and take advantage of this window of opportunity and buy a home. Call me today and let’s see if we’re a fit.
- Boulder—Sales continue to increase with October 2010 showing a 38% increase in over $1 Million sales in Boulder County.
- The Boulder real estate market continues to be strong.
- Interest rates while starting to inch up are still pretty low.
If you have questions regarding this article or have any questions about Boulder or would like information about Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO.