Trends

“Relocating to Boulder, Colorado?”

I just got off a conference call with a real estate broker from Valencia, California where they are receiving multiple offers on properties, especially those priced below $500,000. Is this good news for Colorado real estate and especially Boulder real estate?

In the early 90’s when California was faced with earthquakes and riots, the Californians were anxious to move to Boulder, Colorado. In the last few years there have been many Californians with the desire to move to Boulder however we didn’t take them too seriously because it was impossible for them to sell their homes in California in order to relocate to Boulder, Colorado. However, now that their homes are selling in California lets hope that holds optimism for Boulder County Real Estate!

Uncategorized

“Your Home: An Asset or a Liability?”

For years and years in the Boulder real estate market we always considered our personal residence an asset. An asset that would keep growing and growing, giving and giving. Unfortunately too many of us have used our homes in the United States as a credit card, never the intended purpose of a residential property. I ask my sellers many times when I go to visit them at their home – is this home truly an asset at this point or is it a liability to you? If you are no longer getting the benefit of the enjoyment of living in your property, if you cannot maintain the property and certainly if you cannot afford to make the payments on your property then the property is a liability, not an asset and should be sold.