Thursday, August 18, 2011

Foresight vs Hindsight: Sell Now or Later?

Sell now or later?  A very popular question right now around the country.  Will things get better or worse?  Looking at Boulder and Colorado statistics for the second quarter of 2011, we are very on track with our sales, listings, and average home prices for this time of the year, however, the summertime is the highest volume of transactions of the year, with the most people buying and selling.  Come September/October the number of people ‘looking’ drops annually.  In my personal opinion Boulder and Colorado’s housing market has remained strong, and even though we are still at a low point the market is still functioning. 

People are scared to sell their house below what their purchasing price is, because they think they are losing money.  BUT the new home they are buying is also selling below their purchase price and you therefore come out even.  *The home you are selling is at a cheaper price, but the home you are buying is also at a lower price.  Everyone’s affected.

To answer the question of sell now or later, you will need to follow THIS link at RealtyTimes to read the full article.  If you have any questions about the housing statistics in Boulder or Colorado feel free to call or email me.


Matt Ullrich
RE/MAX of Boulder
303.941.2452.cell
303.415.2251

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