Boulder Appreciation Ranks in Top 20% Nationally - Where Does Your Community Rank? - 11/30/10 05:26 PM
According to a recent study released by Federal Housing Finance Agency (FHFA.gov), Boulder County's appreciation for the four quarters ending September 30, 2010 ranked 53rd best out of the largest 301 metropolitan areas.  Boulders yearly appreciation for the year came in at .55%.  For the most recent quarter (July 1 - Sept. 30) the home appreciation was measured at .98%.  This quarterly appreciation  ranked 117th best in the nation.

 
Many of the areas which have shown the highest volatility during the boom and subsequent bust are now back gaining ground.  The top rated area in the nation for annual … (0 comments)

Cost vs. Value - Will Your Remodeling Project Payoff? - 11/15/10 01:26 PM
I get calls all the time asking for advice on whether it would be smart to do a particular remodeling project around their home.  Many times it is tough for me to make the call for them.  I look at houses all the time and see what buyers like but in most cases improvements don't pay off right away.  For instance according the Remodeling Magazine's Cost vs. Value Report 2010-2011 a two story addition in the Denver area will cost $155,903 and give added resale value of $118,301.  This means that an owner could expect to get about 76% of the … (0 comments)

The Economics of List Price vs. Property Condition - 11/11/10 04:09 PM
In today's slower real estate market a seller has two choices be compelling to the market and have a chance to sell or be just another listing and face the real possibility of staying on the market for a very long time. 
What I'd like to talk about today is being competitive in the market.  The main variables a seller has control over is the price they ask for their home and condition and/or upgrades of the home.  I have represented these two variables on an axis below so that I show you what I'm thinking.  Basically, if your home is in … (0 comments)

Boulder County Real Estate Market Statistics - October 2010 - 11/10/10 12:21 PM
Boulder County Real Estate Statistics October 2010View more presentations from NeilKearney.
Sales in Boulder County continued the post tax credit trend.  We have been recording between 250 and 290 sales each month in Boulder County and this month we posted 249 closed transactions.  This represents a 20% drop from October 2009 and an eight unit drop from last month.  Usually the seasonality in our market resembles a bell curve but this year it resembles a sharks fin. 
It seems that activity is still fairly strong.  There are buyers out there looking.  We are at about the same level of contract activity … (0 comments)

The Simple View on Foreclosures - 11/01/10 07:27 PM
Foreclosures have been in the news for a number of years.  It goes in cycles.  I bought my first condo in 1992, it was a HUD foreclosure. The combination of loans with adjusting interest rates, too easy credit a few years back, overly optimistic buyers, falling values and a deep recession have brought us foreclosures in waves that keep on coming.
The latest in a long line of foreclosure news is the robo signer scandal,  and the revelations that foreclosure sales were not processed properly therefore the sales are not valid.  I'm not an attorney and I'm not an expert of foreclosure laws or proceedings but … (0 comments)

 
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Neil Kearney

Boulder, CO

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Kearney Realty Co.

Address: 1790 30th St. #130, Boulder, CO, 80301

Office Phone: (303) 413-6624

Cell Phone: (303) 818-4055

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I'm a Realtor in beautiful Boulder Colorado and my blog is a combination of market conditions, real estate how-to and local flavor.


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