| Market Commentary Provided by The Eastern Team If you can qualify, now is an exceptional time to buy a home in Lafayette. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 303-875-7055 |
| Report Date | Winter 2010 |
CONNECT WITH A LOCAL PROFESSIONAL
The Eastern Team
Keller Williams Boulder County, Colorado 303-875-7055 TheEasternTeam@agents.househunt.com Agent Home Page |
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| Nearest Metro Area | Boulder | ||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 90-120 days | ||||
| Market Trend | Decreasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $350,000 - View Graph Trend | ||||
| Best Selling Price Range | $300,000 - $349,000 | ||||
| Worst Selling Price Range | $1,000,000+ | ||||
| Compared to Last Year | No Change | ||||
| Prices As % of Asking Price | 80-85% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Lafayette is | No Change | ||||
| Seller Activity for the past 90 days in Lafayette is | No Change | ||||
| Is Financing Available For Qualified Buyers in Lafayette? | Yes | ||||
| Existing Home Prices for the past 90 days are | No Change | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||||
| Housing Hot Spots | Erie, Firestone, Louisville, Superior, Boulder, Lafayette | ||||
| Reason to Buy/Sell | Job Growth | ||||
| Average Sold Price | $350,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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