As we go through this unprecedented time of “Stay and Home” orders and business closures (hopefully most of them temporary), I am providing weekly updates on how the real estate market is reacting to the changes. In this weeks video I highlight showings on homes, new contracts written, closings and new listings. The graphs in the photos are below along with links to a few local organizations who are making a direct impact in our community for those most in need. I welcome you to join me in supporting these two organizations.
Showings dropped by about one half this past week and are about one third of the usual number we see this time of year.
The number of homes that went under contract in Boulder County dropped quite a bit, but not as low as I thought they might. There are a number of buyers who need to move and they are making deals
The number of closings held steady, just about where they should be. Thanks to our great title companies and mortgage companies and other ancillary services doing great work.
Surprising to me was the large number of new listings hitting the market this past week.
Here are some links to the donation pages of Impact on Education and EFAA. Both of these organizations are doing great work in our local community.
In the video above I give my perspective on how the current world situation is affecting the local real estate market as of now. Of course this situation changes daily and is subject to change but here are my current observations. The graphs below are featured in the video.
Do houses sell in December? We are fortunate that real estate sales happen every week of the year in the Boulder area, however December is typically the slowest month of the year. In the video above I describe what to expect in December. Below are the charts shown in the video.
On Saturday September 12th Neil Kearney appeared on Tiny House Hunting on the FYI Network. The show was filmed back in May and features two bluegrass musicians from the local band The Railsplitters looking for a tiny home. Neil served as the tour guide and broker on the nationally broadcast show.
The episode shows Neil leading Lauren and Christine through three tiny homes in Boulder County. The price range for the houses was $50,000 and did not include the land. It was a really fun experience to see how a show is put together.
A quick video recap of 2014 and the factors that will affect the Boulder real estate market in 2015. Also a thank you for making 2014 one of my very best years in real estate. The video features the photos of the properties I sold this past year, giving you a break from the talking head. 🙂
