Showing posts with label Longmont Lousiville Boulder Real Estate. Show all posts
Showing posts with label Longmont Lousiville Boulder Real Estate. Show all posts

Saturday, September 27, 2014

I received a very nice letter of recommendation from a past client!


To Whom it may Concern:

We lost my father unexpected in the spring of 2013.  Which left my mother alone in the house her and my father shared together for over forty years. 

I was concerned about this situation over the long term, as I lived nearly an hour drive away.  With no other family nearby that was going to leave her a little isolated. 

I wanted her move closer to me, so I could be more available to her.  And I wanted it sooner rather than later.  But since my mother has lived on the same block since she was two years-old, she was not eager to move anytime soon. 

Realistically, I thought it would probably be five, maybe even ten years before she might choose to make that sort of move.  However, I thought if I started having her look at houses near me, occasionally, it would encourage her to move forward sooner. 

This is how we met Kathy, in the spring of this year, 2014.  We were "window shopping" and called Kathy to view a house she was listing in my  own neighborhood. 

The house was very nice, but not my mom's style. However, we both found Kathy to be very personable and enjoyed viewing her listing.  We felt at ease with her, and there was a real "click" between her and my mother, in particular.  

I will tell you that I don't remember wether we contacted Kathy again or, she contacted us.  It was such a natural progression of communication that it doesn't stand out to me.  And I can tell you this is the beauty of Kathy's manner and professionalism.

Kathy really knows how to talk, listen, and respond to her customers.  In fact, she never made us feel as if we were her customers.  She made us feel more like good friends, and she didn't want us in just any old house.  Rather she was determined to help us find the house perfectly suited to our wants and needs.  She is very patient and thoughtful that way.

We felt truly cared for and listened to.  And, amazingly, because of her keen abilities to respond so seamlessly to the conversations we had while house hunting, my mother found her perfect home. 

It took less than 5 months, beginning to end --not years!  I was so astounded.  She really knew how to connect with my mother in a way that helped her make one of the biggest lifestyle changes she's made in a very long time.

I will always be grateful to Kathy for helping my mother find the house of her dreams, so close to my own house.  My mother now lives 10 minutes away, and can enjoy her grandkids daily.  Rather than an hour away, with only the occasional visits she got previously. 

We are all very happy with this new change in our life, and I give Kathy so much credit for that change.  We feel very lucky to have connected with her.  She is so personable, knowledgable, and professional!  I highly recommend her to anyone looking to make a move, she knows her business and is a pleasure to work with! 

Sincerely,

Darla Bradford

Tuesday, June 12, 2012

Boulder County Economic Snapshot


Economic Snapshot
A look at the current real estate market; provided by RE/MAX ALLIANCE

June/2012

            The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.
            Locally, the Boulder Valley real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Boulder County are UP 25% compared to through May/2011 (1157 vs. 923); attached unit sales are UP 23% (422 vs. 343) for the same time periods; and the overall market is UP 24.72%. The market is still down slightly over 30% when compared to 2005, the benchmark year when sales activity peaked.
            Through May/2012, the Absorption Rate for Boulder County single family homes stands at 7.2 months (219 days). The Absorption Rate is the length of time it would take for the market to sell the entire existing inventory, assuming no new listings came on the market and the rate of sales activity remained the same. The Absorption Rate at the end of 2011 stood at 5.2 months (156 days); 2010 was 6.3 months (189 days). The Absorption Rate characteristically trends downward over the course of the year as sales activity increases during the spring and summer months. Look for that to also happen this year.
            Homes on the lower pricing end of the market ($150,000 to $500,000) always have the lowest Absorption Rate, since that is where the majority of listings and buyers can be found. Through May/2012, the Absorption Rate for this price range stands at 5.2 months (159 days). Surprisingly, the price range showing the most improvement in May/2012 versus April/2012 in days on the market was $700,000 to $1,000,000. That’s a good indication home buyers are moving-up the food chain into more expensive properties. Homes priced over a million dollars still haven’t felt that push yet.
            Looking forward, it appears the Boulder Valley market will continue on a similar plain. The available inventory of resale homes will remain low. An interesting fact, in May/2012 the number of sold properties were nearly identical to the number of new listings, which means available inventory isn’t increasing. Home mortgage interest rates continue to hover below the four percent mark for the traditional thirty-year fixed rate loan. There are no indications the powers to be in Washington are going to do anything soon to upset the financial apple cart.
            New home construction by production builders is reaching a point where “in-fill” lots are being built out, which means development of approved parcels will be their next path. Earth movers will once again be churning-up virgin land, and planning departments will dust off the cobwebs and begin sitting down with developers.
            That light at the end of the tunnel, which for years was simply another train coming our way, now appears to be a gift of sunshine for the Boulder Valley real estate market. The market is still a few years away from mirroring 2005, but at least it is moving in a positive direction.