Find a great realtor in Boulder.
Finding the best Realtor in Boulder for YOU!
Your first step towards finding a new home, or selling your home, in Boulder.
November 2, 2020 Introduction by Arn Rasker,
What we do know about the COVID19 era real estate market.
The short answer:
It's as if the sales cycle that normally starts in March was shifted over into mid-summer.
The real estate market in Boulder is currently quite strong. For three months, starting with the third month of March 2020, it looked like market activity might slow down. What would normally have been the beginning of a seasonal spring increase in sales activity, started out lower in volume than previous years. It is important to point out that the slower sales rate in March, April, and May was primarily due to the low number of homes on the market during those months, and the low number of new listings that came on during that period.
To everyone's surprise, listings and sales have both been up substantially since late June. Sales and new listings continue to be strong thought October, and the forecast is now that sales will continue to be strong for a while. Driven primarily by pent-up demand, combined with low inventory, the normal sales curve for the year seems to have been shifted towards the right by about three months.
How has Covid19 affected the Boulder real estate market?
The Covid19 "refugee syndrome".
Boulder homes have been in high demand, from out-of-state buyers who are looking for a nicer place to live during the Covid19 social isolation drills that we've all been going through. And it's understandable. If you need to be socially isolated, and you can work from home, why not be isolated in a great place with lots of outdoor activities to do every day?
Comparing Boulder's 2008 recession with the Codiv19 economic downturn.
From the Real Estate Perspective:
It's a very different scenario.
-Although the Covid19 event will have strong economic repercussions for many businesses and individuals, it does not have economic problems, housing problems, or credit problems, as its root causes. The picture is much different than it was in 2008. Home equity levels are much stronger across the country, and foreclosure rates are very low. The 2008 recession was heavily influenced by a high number of bad loans in the banking system, which is not the case in today's picture.
-This CODID19 event was not triggered by problems in the real estate market or the lending market.
-Interest rates are at an all-time low.
-Real estate investments, although not problem free, are looking much more attractive than the stock market to many investors.
-People still need to buy and sell real estate.
-Boulder specific: Boulder is still considered a preferred place to live, and as we have discovered lately, a preferred place to self-isolate. Boulder has a very diversified economy, which also translates to more stability.
If this event has taught us anything here in Boulder, it is that Boulder is great place to live, and people have learned that where you live and who you are surrounded by really does matter. Sure, buying and selling a home does have an investment component. But it is much more than that. It is a place for family, it is shelter, it is a place of self-enrichment and health, etc. In other words, the "Functional Value" of the home has been highlighted.
For more Boulder Real Estate Statistics, please click here
So back to "what" makes a TOP Realtor in Boulder.
A "Top" Realtor is often thought to have the highest sales in terms of dollar volume. This however, is only interesting to you if that same Top Realtor is one who is looking out for YOU, and is not simply focused on racking up sales figures. Arn is a professional Realtor with a very strong and broad background. Arn knows the Boulder County market, has extensive contracting, design, and engineering background in Commercial and High-End Residential construction. Arn has honed negotiation skills. Put Arn's knowledge and skills to work for you!
If you are a buyer in the current Boulder market, a great Realtor should not only know the local Boulder housing market inside and out, but will be able to position your offer so that it rises to the top of the pile of offers, which a seller might receive in today's aggressive market. Simply finding a good home is not enough in the competitive market we currently live in. This is especially true in the COVID19 coping era.
Similarly, if you're selling your home, your Realtor must help you prepare the home so that you will maximize your returns, help you price the home properly (Very important), as well as help you navigate through the offers to find the one that is best for you and your particular situation. Arn will help you determine which of the offers will have the highest propensity to make it to the closing table.
You'll want Arn Rasker on your team! Arn will prepare you for a competitive market situation, and he will help you get to the closing table in a smooth and professional way. Arn has over 40 years of living in Boulder, and having been involved with design, engineering, development, construction, and buying/selling of real estate in Boulder.
Teaming-up with a professional and highly responsive mortgage team member is also very important, and Arn will help you by matching you to a mortgage broker that fits your needs. Arn builds teams that are custom tailored to every transaction, to include banks, mortgage specialists, inspectors, architects, contractors, engineers, etc.
Give Arn a call and talk to him personally! You won't regret it.
Click below for more information on Arn Rasker, and how to get hold of him.
He’s only a phone call away:
arnrasker@gmail.com