YouTube video posted - via Circlepix.com

3694 Wittaker Cir Johnstown, CO 80534

New listing video just posted:

http://video.circlepix.com/YASFMX/525/1834

Description: Opportunity knocks! Spacious, open two story home filled with light! Enjoy the large kitchen with island, open to the family room and offers abundant windows, formal living room can serve as a formal dining area. Main floor laundry/mud room and a 928 sq ft garage. Large master suite with 5 piece master bath and walk in closet. Basement is unfinished for expansion. Great neighborhood offering a private pool, walking trails and park areas.

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Home Information:

Beds: 3

Baths: 3.00

Sqft: 3316

Price: $260000

MLS #: 725422

YouTube video posted - via Circlepix.com

3694 Wittaker Cir Johnstown, CO 80534

New listing video just posted:

http://video.circlepix.com/YASFMX/525/1791

Description: Opportunity knocks! Spacious, open two story home filled with light! Enjoy the large kitchen with island, open to the family room and offers abundant windows, formal living room can serve as a formal dining area. Main floor laundry/mud room and a 928 sq ft garage. Large master suite with 5 piece master bath and walk in closet. Basement is unfinished for expansion. Great neighborhood offering a private pool, walking trails and park areas.

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Home Information:

Beds: 3

Baths: 3.00

Sqft: 3316

Price: $260000

MLS #: 725422

YouTube video posted - via Circlepix.com

3020 McIntosh Dr Longmont, CO 80503

New listing video just posted:

http://video.circlepix.com/W3MLXD/525/1834

Description: Rare opportunity. Spacious ranch style home with walk out basement 1/2 block from McIntosh lake. 3 bedrooms, 3 baths, 3 fireplaces. Huge screened in deck (14x22) with views of Long Peak and McIntosh lake. Walk out basement is finished with large rec room 3/4 bath, workshop area and 3rd fireplace. Master suite offers 3/4 bath, 2 closets and access to deck. McIntosh lake area offers miles of trails, fishing, wakeless boating, playground and breathtaking views. Home warranty included!

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Home Information:

Beds: 3

Baths: 3.00

Sqft: 3962

Price: $329900

MLS #: 723852

YouTube video posted - via Circlepix.com

3020 McIntosh Dr Longmont, CO 80503

New listing video just posted:

http://video.circlepix.com/W3MLXD/525/1791

Description: Rare opportunity. Spacious ranch style home with walk out basement 1/2 block from McIntosh lake. 3 bedrooms, 3 baths, 3 fireplaces. Huge screened in deck (14x22) with views of Long Peak and McIntosh lake. Walk out basement is finished with large rec room 3/4 bath, workshop area and 3rd fireplace. Master suite offers 3/4 bath, 2 closets and access to deck. McIntosh lake area offers miles of trails, fishing, wakeless boating, playground and breathtaking views. Home warranty included!

---

Home Information:

Beds: 3

Baths: 3.00

Sqft: 3962

Price: $329900

MLS #: 723852

3694 Wittaker Cir, Johnstown, CO

3694 Wittaker Cir Johnstown, CO 80534

New listing just posted: http://tour.circlepix.com/home/YASFMX

Description: Opportunity knocks! Spacious, open two story home filled with light! Enjoy the large kitchen with island, open to the family room and offers abundant windows, formal living room can serve as a formal dining area. Main floor laundry/mud room and a 928 sq ft garage. Large master suite with 5 piece master bath and walk in closet. Basement is unfinished for expansion. Great neighborhood offering a private pool, walking trails and park areas.

---

Home Information:

Beds: 3

Baths: 3.00

Sqft: 3316

Price: $260000

MLS #: 725422

Housing Economic Snapshot

Economic Snapshot

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

October/2013

Economics seem to rule the roost these days. As such, there always appears to be some degree of drama attached to them. Economics are the core issue when it comes to mortgage interest rates fluctuating up and down, the stock market typifying a roller coaster or the government shutting down because the political parties can’t agree on what to do.

Buying and selling real estate is an economic decision. If a seller decides to sell their home, what is the economic impact to them? What are the economic options left if they do sell? For a buyer, deciding what to buy is based to a great degree on their economic situation. How much can they afford? What is the economic bearing on their financial state?

The 2013 Boulder Valley housing market has been a year characterized by economics. On average, home values have increased across the area in most price ranges. Mortgage interest rates have vacillated between 3.5% and 4.5%, still residing at near historic levels. Buyers have outnumbered sellers, with available resale inventory struggling to keep pace with demand and new home construction continuing to be a viable part of the overall market. The economic scene across the Boulder Valley has shifted noticeably over the past nearly two years from the previous seven years when bank foreclosures and short sales, and depreciating property values were more the norm.  

 

Below is a brief overview of the activity level for single family homes in a number of the Boulder Valley areas through September/2013, courtesy of IRES, the Northern Colorado MLS. 

                    Area                     Active Listings            Solds Y.T.D.         Absorption Rate

              Boulder County                  1118                            2766                      110 Days                              Larimer County  1999                                    4331                            126 Days                                    Weld County  1414              3148                                    122 Days

====================================

              Boulder                               351                              844                        113 Days

              Erie                                     113                              315                        98 Days

              Lafayette                            75                                257                        80 Days

              Longmont                           370                              1028                      98 Days         

              Louisville                            43                                183                        64 Days

              Suburban Mountains          270                              246                        299 Days                  

              Suburban Plains                 239                              464                        140 Days

              Superior                              31                                114                        74 Days

                                                     =======                    =======                  =========

             Community Totals:          1492                             3451                      118 Days     

            The Absorption Rate is the length of time it would take for the existing inventory to sell assuming the same rate of sales activity and no new inventory coming on the market.

            In September/2012, Community Totals were 1774 (active listings), 3038 (sold listings) and 160 days (absorption rate). The Boulder Valley market has experienced a 16% decrease in active listings, 13.5% increase in sold listings, and 24% decrease in the Absorption Rate year over year.

            Look for the balance of 2013 and moving into 2014 to mirror what is happening now in the local housing market. Mortgage interest rates should reside in the 4%+ range, home sales and available inventory will normally trend down as fall turns to winter.     

Economic Snapshot

Economic Snapshot

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

July/2013

              Over the course of the past eighteen months the Boulder Valley real estate market can be characterized as one of demand exceeding supply. Spawned by low mortgage interest rates and improved economic conditions, the Boulder Valley real estate market has flourished. The direct result of that is an increase in home values. All geographic segments of the marketplace have benefitted, with the core area of Boulder and those outlying areas closest to Boulder showing the most improvement.   

            Below is a brief overview of the housing market in our area by locale for single family homes from IRES (the Northern Colorado MLS). 

              

                                           2012 (Thru June)          2013 (Thru June)       

                Area                 Average Sales Price      Average Sales Price      % Change

              Boulder                         $666,232                     $749,116                     +12.44%

              Superior                        $410,166                     $469,584                     +14.48%

              Louisville                      $421,352                     $504,165                     +19.65%

              Lafayette                      $399,302                     $423,943                     +6.17%

              Longmont                     $255,818                     $280,923                     +9.81%

              Suburban Plains            $546,327                     $571,726                     +4.64%

              Suburban Mountains    $394,289                     $427,505                     +8.42%

              Broomfield                   $357,499                     $391,432                     +9.49%

                                                   =======                    =======                    =======

                 Average …               $442,418                     $476,568                     +7.71%       

              As the economy has shown signs of stabilization, home mortgage interest rates have trended up slightly over the past sixty days. The traditional thirty-year fixed rate loan that could be had for under 4%, now resides closer to 4.5%. All indications are that mortgage rates will continue to hover around that mark for the foreseeable future.

              Sales activity for single family homes and attached units across Boulder County continues to outpace 2012 numbers through June of each year. Single family home sales are up 6.43%; attached unit sales are up 15.23%; and the cumulative market is up 8.71%. The Absorption Rate for single family homes across Boulder County is at 144 days through June/2013. That number was 182 days in June/2012. The inventory level of available single family homes in Boulder County crept up 5.20% in June/2013 vs. May/2013 (1,355 vs. 1,288).

              Faced with the dog days of summer, the Boulder Valley real estate market is experiencing continued improvement in sales activity over 2012, an increase in home values, an upturn in home mortgage interest rates, and fewer days on the market. With the possible exception of the somewhat higher mortgage interest rates, the Boulder Valley real estate market is healthy. Look for another upward push in sales activity before we drift into fall, when buyers and sellers typically begin the process of settling in for the start of the school year and the holiday season. This year may be a little different with continued pent up demand potentially fostering a more dynamic fall selling season.