Summary: Essentially, in the market of homes of 1,000,000 and above, Boulder continues to be in a "SELLER's Market", even though we are seeing more sales close at under-asking prices (2% below on the average, which is still very close to asking) . As the price moves into the two million dollar price and above, the market generally shifts from a neutral market or towards the "BUYER's Market". This means that, as a BUYER in the sub-two million dollar range, you will want to position yourself to react quickly to a new home coming onto the market. In this competitive market it is important to be working with a well connected realtor, such as Arn Rasker, who will prepare you to be as competitive as possible in the offer you present.
Arn will help you by putting together a Team of professionals to take you through the process for your specific property. Arn's extensive connections with building professionals, lenders, property inspectors, architects, engineers, and other professionals in the field allow him to put together the Team that will carry you through the process as smoothly as possible for you.
If you are considering selling your home, with the shortage of supply of inventory, you may not want to wait until Spring of this year to list your home. True, there are less buyers looking during the winter months. However, there are also less homes to look at. The current inventory on the market is actually very low, and there are buyers actively looking for the right home to buy.
Please feel free to call me to discuss your needs:
Arn Rasker
Associate Broker and Realtor
RE/MAX Alliance
Downtown Boulder, Colorado
720-298-8888
arnrasker@remax.net