neil kearney: 3745 Fowler Lane Longmont, CO 80503 $550,000 - 04/07/11 05:22 PM
For all of the details on this listing go to www.FowlerFarmhouse.com
 
If you are looking for a tract home, this is not your home. If you are looking to live in a home just like your friends, this won't be your style. If you are looking for a 5,000 square foot lot with two trees in the front and one in the back you will not appreciate the uncommon size and mature landscaping of this unique home. On the other hand, if you are tired of looking at the same old house, one street after another, this house might be … (3 comments)

neil kearney: Boulder County Real Estate Statistics - March 2011 - 04/07/11 04:58 PM
Boulder County Statistics March 2011
The numbers for the first quarter in Boulder residential real estate sales and the findings are not all that surprising.  Sales are down roughly 10.3% from last year.  But before you get too worked up about another 10% loss in the market remember that last year our sales were overly active in the early part of the year because of the home buyer tax credit.  Last year we had an unusually busy first few months only to fall off the cliff after the expiration of the stimulus.  This year we are on a more traditional path.  … (0 comments)

neil kearney: How's the Market in Boulder Colorado? - 03/31/11 10:07 AM
This is a really good question.  It's easy to talk in vague terms like; "it's going pretty well" or "inventory is down but sales are about the same"; but when you are looking to buy or sell a home in the Boulder area it is nice to have more detailed information.  If that sounds interesting to you here is the information you are looking for.
The slideshow below (which can be found here) has seven charts.  Each showing a different facet of the market.  I will explain the charts below in order.
This chart shows the number of sales which have … (0 comments)

neil kearney: 852 11th Street Boulder, CO 80302 - $2,700,000 - 03/22/11 06:19 AM
For more details on this stunning Chautauqua Contemporary go to www.852-11th.com
This is a rare opportunity to own one of the finest new, completely rebuilt, contemporary homes in the classic University Hill neighborhood. Built with only the latest high tech & energy efficient materials, this home is a work of art. From the dramatic open floor plan to the exquisite kitchen, the use of the most exciting materials, this home will “wow” you as you enter the door. The landscaping is a work of art with the beautiful, private patios and use of stone. This home is a treasure!
Location … (3 comments)

neil kearney: 9105 W. 107th Place Westminster, CO 80021 - $210,000 - 03/22/11 06:13 AM
For more details on this listing go to www.9105W107th.com
If you are looking for a comfortable place to call home, look no further.  When you compare the size, location, amenities and quality, this is a great value.  This 1/2 duplex is located at the end of a cul-de-sac and has a back load two car garage.  It also has a large, private, fenced yard which is rare for an attached home.  Inside you will find large rooms and nice quality finishes.  On the main level you will find a kitchen and dining area with gleaming hardwood floors, a bright family … (2 comments)

neil kearney: New Listing 2242 Holyoke Dr - Table Mesa ranch $675,000 - 01/31/11 12:19 PM
For the complete story on this listing go to www.2242Holyoke.com
Check out this very comfortable updated ranch style home on one of Table Mesa’s most coveted streets. This home has many special features including: large, updated, open, eat-in kitchen with a huge granite topped island; wide plank wood floors; spacious full finished basement; two fireplaces; great looking stone paver driveway and a well done xeriscaped front yard. Enjoy the outstanding location right below NCAR from the charming front porch. To view the rest of my listings go to my listings page
(0 comments)

neil kearney: "How Clean is Clean" or "How to avoid a mess at closing" - 01/28/11 07:45 AM
Condition at Closingor How to Avoid a Mess at Closing
One of the greatest sources of letdown and conflict in a real estate transaction is the condition of the house after the Sellers move out. Provisions in the purchase contract allow for the buyer to do a walk through inspection prior to closing. I advise my buyers to do this walkthrough as late as possible so as to see the true condition of the property as it will be left. What to look for in a walkthrough could be its own topic but in summary; we are checking to make sure … (2 comments)

neil kearney: Worn Listings? How To Sell A House That Has Been On The Market Six Months - 01/27/11 09:18 AM
The end of January is when the real estate market in Boulder Colorado just starts to get moving.  New listings are coming on the market full of hope.  But what if you have been on the market for awhile?  Here are a few tips to make sure you haven't lost your showing edge.  
Here is the typical scenario; During the first few weeks it is common to have many showings because there is a pool of buyers waiting for new listings. Once the initial few weeks have passed that the showings slow considerably and only new buyers to the market … (0 comments)

neil kearney: 2010 Boulder County Market Report - Now Ready - 01/20/11 02:24 AM
I have just completed the comprehensive guide to the Boulder Real Estate Market for 2010.  The guide includes market statistics and analysis for all Boulder County including; Boulder, Louisville, Lafayette, Longmont, Erie, Superior, Gunbarrel and the Mountains. 
Concise and easy to read, this report tells you why median prices went up despite depressed sales.  No cost and no obligation.  Just send me an email and I will send you the report.  I always protect and respect your personal data.
Send a message to Report@NeilKearney.com and I will send a copy right out.
For more market statistics from Boulder Colorado go to … (0 comments)

neil kearney: Boulder County Real Estate Statistics - December 2010 - 01/13/11 07:36 AM
 
Boulder Colorado Real Estate December 2010 statistics View more presentations from NeilKearney.  
December turned out to be a good month in Boulder real estate.  Sales were up 15% from November and up 9% when compared to December of 2009.  Median prices in Boulder County continue to be higher than a year ago.  This seems strange because prices haven't really increased.  But median price only counts the sales price of one property which happens to have the same number of homes which sold for more money and less money.  This year after the tax credit expired, sales of entry level … (0 comments)

neil kearney: Top Real Estate Trends for 2011 in Boulder Colorado - 01/05/11 05:18 AM
   
Here is a short list of trends that I am keeping an eye on in the coming year.  I am working on the final statistics for 2010 and overall there is much to be thankful for (the numbers look pretty positive).  I am looking forward with enthusiasm to helping many nice people buy and sell homes.  Let's make 2011 a great year!
Slow Recovery - The housing sector is lagging and we are seeing improvement.  The improvement won’t be dramatic until we see widespread job growth.  I expect volume and prices to remain relatively stable in Boulder County. Foreclosures … (0 comments)

neil kearney: Boulder County Luxury Market Report - 01/05/11 05:15 AM
The number of sales in the Boulder County luxury market ($1,000,000 and greater) showed an increase during 2010.  The luxury market has more to do with stock portfolio values than employment rates and after a year of recovery the equity markets showed enough strength to increase buyer confidence.  
The luxury market in Boulder County is considered a buyer’s market and buyers were looking for good values.  There are currently 254 residential properties listing for sale in Boulder County.  We are at low ebb because of the holidays.  Currently there are 19 homes under contract. 
Here are a few charts and … (0 comments)

neil kearney: What Happens to All The Listings? - 12/09/10 10:46 AM
The chart above shows the number of new listings that have hit the Boulder County market on a weekly basis over the past year (blue) and the number of sales that have happened during the same time frame (red).  As you can see the line rarely intersect.  The number of homes that are added as new listings far outnumbers the number of sales.  In fact, so far this year there have been 7,199 new residential listings added to the IRES MLS system in Boulder County.  During that same time 3,453 properties have sold.
So what happened to the 3,746 other properties … (1 comments)

neil kearney: Boulder Colorado Real Estate Update - 12/08/10 03:18 AM
 
Boulder Real Estate November 2010 statistics View more presentations from NeilKearney.  
For the latest details on the Boulder area real estate market please view the attached presentation.  As expected the market has slowed a bit due to the Holiday season.  Despite the uncertainties associated with the economy there are still some great things happening in the Boulder real estate market.  Did you know that there have been 32 sales that closed above $1.75 million?  A pretty impressive number in a "down" market. 

(0 comments)

neil kearney: Boulder Appreciation Ranks in Top 20% Nationally - Where Does Your Community Rank? - 11/30/10 09:26 AM
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)

neil kearney: Cost vs. Value - Will Your Remodeling Project Payoff? - 11/15/10 05:26 AM
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)

neil kearney: The Economics of List Price vs. Property Condition - 11/11/10 08:09 AM
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)

neil kearney: Boulder County Real Estate Market Statistics - October 2010 - 11/10/10 04:21 AM
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)

neil kearney: The Simple View on Foreclosures - 11/01/10 12:27 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)

neil kearney: The Math Doesn't Add Up? Where Have All The Listings Gone? - 10/28/10 12:11 PM
The math is pretty easy.  At the end of July there were 2,399 active listings in Boulder County (single family homes listed in IRES MLS).  Since then there have been 591 properties that have closed and 850 new listings to the market.  Let's see...
2,399 + 850 - 591 = 2,658.
According to my quick math, verified by my trusty 18 year old HP 12C, there should be 2,658 listings on the market.  But I just checked, and there are currently 1,881 homes for sale.  So what happened to 777 listings?  Here is the quick answer.  This time of year sellers … (0 comments)

 
Neil Kearney (Kearney Realty Co.)

Neil Kearney

Boulder, CO

More about me…

Kearney Realty Co.

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

Office: (303) 413-6624

Mobile: (303) 818-4055

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


Links

Archives

RSS 2.0 Feed for this blog