by Neil | Mar 12, 2013 | Boulder County Housing Trends, FHFA Home Price Index, Home Appreciation, Statistics
As I outlined in a previous post the real estate market is really crazy right now. Due to the low inventory and some upward movement in interest rates buyers are swarming new listings as they come available. I am working closely with a number of buyers and as they see...
by Neil Kearney | Oct 2, 2012 | case-schiller, Home Appreciation, Interest Rates, Statistics
One reason we have had a great year in the housing market is the continued availability of low interest rates. The chart above shows 30 year fixed interest rates starting in January of 1972. When I entered the real estate industry in 1992 interest rates were in the...
by Neil Kearney | Sep 27, 2012 | Boulder County Housing Trends, Boulder Real Estate, Featured, FHFA Home Price Index, Home Appreciation, Statistics
During the second quarter of 2012 MLS search for Cape Coral homes were 31% greater than the same quarter in 2011. There were many instances where I personally saw homes that sold for more money than they would have a year ago. However, the numbers don’t lie...
by Neil Kearney | Jun 26, 2012 | Boulder County Housing Trends, Home Appreciation, real estate negotiation, Statistics
As of today home sales in Boulder County are up 24% for the year. At the same time inventory has been consistently low. These conditions have led to multiple offers in many cases. So the logical assumption would be that the average negotiation between buyers and...
by Neil Kearney | May 29, 2012 | Boulder County Housing Trends, Home Appreciation, Statistics
The market has really been strong this year and now we have some national credibility to boot. What Is A Home Credit Loan? The Federal Housing Finance Agency releases four Home Price Indices per year and the latest, including results through March 31, 2012 was...
by Neil Kearney | Feb 24, 2012 | Boulder County Housing Trends, FHFA Home Price Index, Home Appreciation, Statistics
The thing about statistics is that the only good data looks backward. Any forward looking statistic is just a prediction, a forecast, a guess. As I have written about recently, the real estate market in the Boulder area is full of buyers right now. Unfortunately...
by Neil Kearney | Dec 6, 2011 | Boulder County Housing Trends, Featured, Home Appreciation, Statistics
Over the past five years homes in Boulder County have appreciated 1.2%. This may not seem impressive but we are in the quarter of all metropolitan areas in the United States for real estate appreciation over the past five years. There are only 70 other communities...
by Neil Kearney | May 26, 2011 | Boulder County Housing Trends, FHFA Home Price Index, Home Appreciation, Statistics
The House Price Index report just released by FHFA.gov shows that home values in Boulder County decreased by 2.76% for the 1 year period ending March 31, 2011. This shows some deterioration in the general market conditions in Boulder since the House Price Index which...
by Neil Kearney | Apr 18, 2011 | Boulder County Housing Trends, Home Appreciation, Real Estate 101, Statistics
FHFA.gov has a tool for estimating home appreciation. It is called the Home Price Calculator. All you need to make it work are two bits of information; the date and purchase price of the last market sale of a house. Using these two data points FHFA uses their...