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Cory Dudley

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Longmont-area events for the week of March 23: Hops + Handrails

Shared from the Longmont Times Call
 
Hops   Handrails from Left Hand Brewing is at  noon, Saturday at Roosevelt Park, 700 Longs Peak Ave., Longmont.
Hops Handrails from Left Hand Brewing is at noon, Saturday at Roosevelt Park, 700 Longs Peak Ave., Longmont. (Times-Call file)
 

Monday

Chess Club —Children of all levels are welcome to join but best for ages 7 and up. No registration is required, 7 p.m., Monday, at the Longmont Public Library, 409 Fourth Ave., Longmont. Call 303-651-8470.

Whoo Are the Owls? —Presented by Boulder County Parks & Open Space. Learn about the owls of Boulder County, 7 p.m., Monday, Louisville Public Library, 951 Spruce St., Louisville. Go to www.louisville-library.org.

Tuesday

NanoDays —Celebrating the science of the small, 10 a.m Tuesday through Thursday at Wow Children's Museum, 110 N. Harrison Ave., Lafayette. Cost is $9 for child and free for adults and infants. Go to www.wowchildrensmuseum.org.

Save Your Stuff —Explore options for saving your photos, videos, and documents in the age of mobile devices and cloud computing, 1 p.m., Tuesday, Carbon Valley Regional Library, 7 Park Ave., Firestone. Call 970-506-8560 or go to www.MyLibrary.us.

Wednesday

Advertisement
 

Davy Allard —Live performance, 7 p.m., Wednesday, Rosalee's Pizzeria, 461 Main St., Longmont. Call 303-485-5020 or go to rosaleespizzeria.com events.

"Oh, Mary" Show —Join radio hosts Mary Kennedy and Paul Jacek for a special live appearance, 8 p.m., Wednesday, Dickens Opera House, 300 Main St., Longmont. Cost is $16. Call 720-297-6397.

Thursday

John McKay —Live performance, 7 p.m., Thursday at City Star Brewing, 321 Mountain Ave., Berthoud. Call 970-532-7827 or go to citystarbrewing.com.

Otto Koch —Live performance, 7 p.m., Thursday, Larry's Guitar Shop, 508 Fifth Ave., Longmont. Call 720-340-4169 or go to larrysguitars.com.

Friday

Fine Arts Festival —Every spring, the Visual and Performing Arts Departments at Skyline High School come together to celebrate National Youth Arts Month, 5:30 p.m. Friday at Skyline High School, 600 E. Mountain View Ave., Longmont, $2. Call 720-494-3741 or go to skylinevpa.weebly.com.

Screening of "The Little Things" —The movie project based on six environmentally conscious snowboard riders who are inspirational through their riding as well as their sustainable ways of living and thinking, 7 p.m. Friday at Firehouse Art Center, 667 Fourth Ave., Longmont. Cost is $5. Call 303-651-2787 or go to www.firehouseart.org.

Saturday

Hops + Handrails from Left Hand Brewing —The hybrid winter event will feature a 50 craft brewery fest alongside a 40' high snowboard ramp & rail jam competition, noon, Saturday at Roosevelt Park, 700 Longs Peak Ave., Longmont. Cost is $5 to $30. Go to bit.ly/Hops2015.

Peeps Diorama Contest —Peeps Diorama Open House, stop by the library for an entry form, 1 p.m., Saturday at the Longmont Public Library, 409 Fourth Ave, Longmont. Call 303-651-8472 or go to www.longmontcolorado.gov/library.

Dancing With The Silver Creek Stars Silver Creek High School Booster Club presents five Silver Creek staff and professional dancers from Grace Studios will perform in the event benefitting the Silver Creek High School Raptor Activitis Booster Club, 5:30 p.m., Saturday, March 28, 2015, Pacific Event Center, 1330 Main St., Longmont. Cost is $35. Go to schs.svvsd.org/community/booster-club.

Sunday

Sensory Friendly Playtime —A museum event for children with autism or sensory processing disorders, 9:30 a.m., Sunday at Wow Children's Museum, 110 N. Harrison Ave., Lafayette.

Hartwood Duo — Live performance, 4:30 p.m., Sunday at Left Hand Brewing Company, 1265 Boston Ave., Longmont. Call 303-772-0258 or go to lefthandbrewing.com/events.

 

For more events or to submit an event, go to timescall.com/ events/things-to-do.

The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501 | o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn

Longmont-area events for the week of March 16: A presentation on Boulder County weather

A Birds-Eye View: Boulder County Weather with volunteer naturalist Phil Ecklund is at 7 p.m. Tuesday, at the Longmont Public Library. (Times-Call file)

Today

Fungram: Introductory Programming and Robotics Course This is an introductory Programming and Robotics course targeted for ages 9 and up, 4 p.m. at the Erie Community Library, 400 Powers St., Erie. Call 720-685-5200 or go to www.fungram.co.

Movie Mondays with "Whiplash" Bring your own snacks, organic drinks provided, 7p.m. at Still Cellars, 1115 Colorado Ave, Longmont, $5. Go to www.stillcellars.com.

Tuesday

Green Dinner: St Patrick's Day Fundraiser for Sustainable Revolution Longmont— Come on out for dinner with members of the Sustainable Revolution Longmont board, volunteers, community and the Youth of the Earth Council. When you mention Sustainable Revolution Longmont with your purchase, a percentage will be donated to the group, 5 p.m., Tuesday at Mod Market, 700 Ken Pratt Blvd, Longmont. Call 720-494-1655.

A Birds-Eye View: Boulder County Weather Volunteer naturalist Phil Ecklund will present on Boulder County's weather from the perspective of a glider pilot, 7 p.m., Tuesday, Longmont Public Library, 409 Fourth Ave., Longmont. Call 303-651-8477.

Wednesday

Job Hunter Workshop — Stop by for a question and answer session with Tom Fritz and Jane McKean, 6:30 p.m. Wednesday, Longmont Public Library, 409 Fourth Ave., Longmont. Call 303-651-8472.

Lyons Local Music Night —Music begins at 8:30 p.m. Wednesday at Oskar Blues Grill & Brew, 303 Main St., Lyons. Call 303-823-6685 or go to eat.oskarblues.com.

Thursday

Friends of the Longmont Library Book Sale —The book sake is from 6 to 8:30 p.m. today, 9 a.m. to 4:30 p.m. Friday and Saturday, and 1 to 4 p.m. Sunday at the Longmont Public Library 409 Fourth Ave., Longmont. Call 303-651-8477 or go to www.FriendsoftheLongmontLibrary.org.

Stories from our Past: Otto Mears — Railroad Pioneer Steve Lee portrays Otto Mears, 6:30 p.m., Thursday, Erie Community Center, 450 Powers St., Erie. Go to www.MyLibrary.us.

Friday

Bringing Music to Life Monetary donations and donations of musical instruments will be accpeted for the Colorado Nonprofit Development Center's "Bringing Music to Life" campaign, 2:30 p.m. Friday at Silver Creek High School, 4901 Nelson Road, Longmont. Go to www.facebook.com/bringingmusictolifecapstone.

Friday Afternoon Concert & Art Show: Faur and Friends— Arts Longmont presents Faur and Friends, 2:30pm. Friday at the Longmont Senior Center, 910 Longs Peak Ave, Longmont, $8. Call 303-678-7869 or go to www.artslongmont.org.

Saturday

STEAM Day— Come have fun and explore science, technology, engineering and math (STEAM) in this hands-on expo designed especially for kids. Learn to solder, drive a robot, build a rocket, check out the Doppler on wheels weather radar, watch a liquid nitrogen demonstration, noon on Saturday, Silver Creek High School, 4901 Nelson Road, Longmont. Admission is free. Go to www.facebook.com/steamdaygs.

Cheesemaking Class— Learn an easy and delicious 30 minute mozzarella recipe, 5 p.m. Saturday, The Art of Cheese at Launch Longmont, 350 Terry St., Longmont, $39. Call or go to theartofcheese.com.

Sunday

Yarn Bomb Longmont Library —Bring an old scarf or a piece of knitting or crocheting to decorate the Library. You don't have to be a pro, 10 a.m. Sunday, Longmont Public Library, 409 Fourth Ave., Longmont. Register by calling 303-651-8477.

Longmont Youth Symphony Winter Concert —Listen to the music of Russian composers Shostakovich and Tchaikovsky, as well as modern New Mexico composer Michael Mauldin, 2 p.m. Sunday, Longmont High School, 1040 Sunset St., Longmont, $5-$10. Call 303-776-6014 or go to www.longmontyouthsymphony.org.

 

The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501 | o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn

Selling Your Home? The Importance of Using an Agent

by Cory Dudley

Selling Your Home? The Importance of Using an Agent

When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles. However, for the vast majority of sellers, the most important result is to actually get the home sold.

In order to accomplish all three goals, a seller should realize the importance of using a real estate professional. We realize that technology has changed the purchaser’s behavior during the home buying process. For the past two years, 92% of all buyers have used the internet in their home search according to the National Association of Realtors’ most recent Profile of Home Buyers & Sellers.

However, the report also revealed that for the second year in a row 96% percent of buyers that used the internet when searching for a home purchased their home through either a real estate agent/broker or from a builder or builder’s agent. Only 2% purchased their home directly from a seller whom the buyer didn’t know.

Buyers search for a home online but then depend on an agent to find the actual home they will buy (53%) or negotiate the terms of the sale & price (31%) or understand the process (63%).

Stephen Phillips, the Chief Operating Officer for HSF Affiliates LLC, put it best:

“Home buyers are more informed than ever with their Internet searches and ongoing research; however, there’s a critical need to transform that information into analysis and advice that helps consumers make the best home-buying and selling decisions.

The plethora of information now available has resulted in an increase in the percentage of buyers that reach out to real estate professionals to “connect the dots”. This is obvious as the percentage of overall buyers who used an agent to buy their home has steadily increased from 69% in 2001.

Bottom Line

If you are thinking of selling your home, don’t underestimate the role a real estate professional can play in the process.

The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501 | o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn

Hurry Up!! Call your Agent and List your House!!

by Cory Dudley

Hurry Up!! Call your Agent and List your House!!

Hurry Up! Call your Agent & List your House! | Keeping Current Matters

That headline might be a little aggressive. However, as the data on the 2015 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!

We realize that existing home sales stumbled in January compared to December. But, if we compare the current September-January time period to the same period a year ago, we can see that existing home sales have outpaced last year every month with the January sales numbers 200,000 homes greater than last January:

Existing Home Sales Report | Keeping Current Matters

Pending home sales (houses going into a contract) as reported by the National Association of Realtors have also done much better in the last five months compared to a year earlier:

Pending Home Sales Index | Keeping Current Matters

And, buyer demand is continuing to skyrocket:

Buyer Activity | Keeping Current Matters

At the same time, the amount of housing inventory coming to the market compared to last year is plummeting:

Inventory Levels Year-over-Year | Keeping Current Matters

Bottom Line

With demand increasing and supply dropping, this may be the perfect time to get the best price for your home. Call in a local real estate professional today to see whether that is the case in your neighborhood.

The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501 | o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn

The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501 | o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn
- See more at: http://www.winningteamrealestategroup.com/Blog#sthash.pnuTzpWL.dpuf

The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501 | o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn
- See more at: http://www.winningteamrealestategroup.com/Blog#sthash.pnuTzpWL.dpuf

The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501 | o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn
- See more at: http://www.winningteamrealestategroup.com/Blog#sthash.pnuTzpWL.dpuf

Erie set to revive farmers' market

by Cory Dudley

Erie set to revive farmers' market

Mayor hopes new day, owner will make it sustainable

shared from Longmont Times Call
 
Johna Chamberlain and her son, Curtis, 3, look over new tomato plants in the greenhouse at Dragonfly Farms. The farm will be a vendor at the Erie Farmers' Market, which will Thursday evenings June 18 through Sept. 17. (Cliff Grassmick / Staff Photographer)
 

If you go

What: Erie Farmers' Market

When: 5 to 8 p.m. Thursdays, June 18 through Sept. 17

Where: Old Town Erie, Wells Street between Pierce and Briggs streets

More info: www.facebook.com/eriesfarmersmarket

A new farmers' market is coming to Erie this summer after a failed first run left the community without a market last year.

The former Erie Farmers' Market owner, Penny Peterson, canceled the Saturday morning events after five years, despite moving the market to a more visible location on Wells Street in 2013.

This summer a new owner, Kelly Williams, is bringing her farmers' market to Erie, giving residents the local produce and community atmosphere they have been missing.

More than two dozen vendors are expected to line Wells Street between Pierce and Briggs street s Thursday evenings June 18 to Sept. 17.

The markets will run from 5 to 8 p.m. in Old Town targeting locals who are already in the area visiting nearby restaurants and breweries, said Mayor Tina Harris.

"On Thursday nights, people are already out enjoying local eateries ... where as on Saturday mornings, there are not a ton of places open to draw people out there," Harris said. "The community is definitely in need of a farmers' market and I think moving the day of the week will make it more sustainable."

The market also provides an opportunity for Old Town establishments to boost business on Thursday nights, Harris said.

"It's another event that will draw our community into the center, the heart, of our town," Harris said.

Williams also runs farmers' markets in Lafayette and Louisville and hosts holiday markets around Boulder County.

"As a town, Erie is on the edge of exploding," Williams said. "It's in the place that Louisville was when we started that market and it's extremely successful now."

Live music from local bands will create a community gathering space at the Erie market, Williams said, making it more than a place to find local produce.

"We're focused on getting Colorado fresh foods out there first," Williams said. "But secondly we want to create a community gathering place."

Boulder-based Dragonfly Farm was one of the first vendors to sign up for the Erie market.

The 20-year-old family farm has had mixed results at area farmers' markets, said Johna Chamberlain, whose parents own the farm. After taking a couple of years off to start a family, Chamberlain said, the farm is branching back out into markets in Louisville and Erie.

The farm hopes to sell some transplants and fresh veggies, including tomatoes, summer squash, zucchini, kale, broccoli, garlic and herbs at the summer markets.

"We don't have a lot of Erie customers now, so this will be our introduction to the community," Chamberlain said.

Housing Market to “Spring Forward”

by Cory Dudley

Housing Market to “Spring Forward”

Housing Market to “Spring Forward” | Keeping Current Matters

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward”! Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right.

Buyer demand has seasonality to it, which usually falls off in the winter months, especially in areas of the country impacted by arctic temperatures and conditions.

That hasn’t happened this year.

Demand for housing has remained strong and is currently three times stronger than last year at this time.

The National Association of REALTORS (NAR) recently reported that the top 10 dates sellers listed their homes in 2014 all fell in April, May or June.

Those who act quickly and list now could benefit greatly from additional exposure to buyers prior to a flood of more competition coming to market in the next few months.

Bottom Line

If you are planning on selling your home in 2015, give me a call to evaluate the opportunities in your market.


The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501 | o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn
The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501
o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn
- See more at: http://www.winningteamrealestategroup.com/Blog#sthash.XBxs6lO4.dpuf
The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501
o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn
- See more at: http://www.winningteamrealestategroup.com/Blog#sthash.XBxs6lO4.dpuf
The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501
o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn
- See more at: http://www.winningteamrealestategroup.com/Blog#sthash.XBxs6lO4.dpuf

The Benefits of Home Ownership

by Cory Dudley

Considering buying a home? With the current, low mortgage rates, you may be thinking about purchasing. But other than affordable rates, there are so many benefits to owning a home. Take a look at this infographic showcasing just a few homeownership perks. If you're ready to begin the process of purchasing a home, contact us today! 


The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501
o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn

#1 Reason to Sell Now

by Cory Dudley

#1 Reason to Sell Now

#1 Reason to Sell Now | Keeping Current Matters

If you are one of the many homeowners out there who are debating putting their home on the market in 2015, don’t miss out on the opportunity that currently exists. There will be significantly less competition in the winter months than in the spring.

According to the National Housing Survey released by Fannie Mae, 45% of homeowners “say mortgage rates will go up in the next 12 months.”

What Does This Mean?

Homeowners are unaware that interest rates are projected to go up by all four major reporting institutions – This is big news for move-up buyers reflecting the overall amount of housing inventory that will be on the market.

If existing homeowners believe that mortgage interest rates are not going to increase, then they won’t be inclined to make a move by putting their home up for sale, meaning less competition for sellers who list now.

Don’t Wait!

The study also revealed that:

“Those who say it is a good time to buy a house rose to 68%” & “the share of respondents who think it would be difficult to get a home mortgage today decreased by 3 percentage points.”

As Doug Duncan, senior vice president and chief economist at Fannie Mae explains:

“We expect consumer attitudes toward housing to improve as the pickup in the overall economy lifts employment and income prospects.“

Bottom Line

There are buyers out there who are ready to make a move. If your goal this year is to move up to your dream home, what are you waiting for?


The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501 | o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn

Inaccurate Zillow 'Zestimates' a source of conflict over home prices

by Cory Dudley

Inaccurate Zillow 'Zestimates' a source of conflict over home prices

 

When "CBS This Morning" co-host Norah O'Donnell asked the chief executive of Zillow recently about the accuracy of the website's automated property value estimates — known as Zestimates — she touched on one of the most sensitive perception gaps in American real estate.

Zillow is the most popular online real estate information site, with 73 million unique visitors in December. Along with active listings of properties for sale, it also provides information on houses that are not on the market. You can enter the address or general location in a database of millions of homes and probably pull up key information — square footage, lot size, number of bedrooms and baths, photos, taxes — plus a Zestimate.

Shoppers, sellers and buyers routinely quote Zestimates to realty agents — and to one another — as gauges of market value. If a house for sale has a Zestimate of $350,000, a buyer might challenge the sellers' list price of $425,000. Or a seller might demand to know from potential listing brokers why they say a property should sell for just $595,000 when Zillow has it at $685,000.

Disparities like these are daily occurrences and, in the words of one realty agent who posted on the industry blog ActiveRain, they are "the bane of my existence." Consumers often take Zestimates "as gospel," said Tim Freund, an agent with Dilbeck Real Estate in Westlake Village. If either the buyer or the seller won't budge off Zillow's estimated value, he told me, "that will kill a deal."

Back to the question posed by O'Donnell: Are Zestimates accurate? And if they're off the mark, how far off? Zillow CEO Spencer Rascoff answered that they're "a good starting point" but that nationwide Zestimates have a "median error rate" of about 8%.

Whoa. That sounds high. On a $500,000 house, that would be a $40,000 disparity — a lot of money on the table — and could create problems. But here's something Rascoff was not asked about: Localized median error rates on Zestimates sometimes far exceed the national median, which raises the odds that sellers and buyers will have conflicts over pricing. Though it's not prominently featured on the website, at the bottom of Zillow's home page in small type is the word "Zestimates." This section provides helpful background information along with valuation error rates by state and county — some of which are stunners.

For example, in New York County — Manhattan — the median valuation error rate is 19.9%. In Brooklyn, it's 12.9%. In Somerset County, Md., the rate is an astounding 42%. In some rural counties in California, error rates range as high as 26%. In San Francisco it's 11.6%. With a median home value of $1,000,800 in San Francisco, according to Zillow estimates as of December, a median error rate at this level translates into a price disparity of $116,093.

Some real estate agents have done their own studies of accuracy levels of Zillow in their local markets.

Last July, Robert Earl, an agent with Choice Homes Team in the Charlottesville, Va., area, examined selling prices and Zestimates of all 21 homes sold that month in the nearby community of Lake Monticello. On 17 sales Zillow overestimated values, including two houses that sold for 61% below the Zestimate.

In Carlsbad, Calif., Jeff Dowler, an agent with Solutions Real Estate, did a similar analysis on sales in two ZIP Codes. He found that Zestimates came in below the selling price 70% of the time, with disparities ranging as high as $70,000. In 25% of the sales, Zestimates were higher than the contract price. In 95% of the cases, he said, "Zestimates were wrong. That does not inspire a lot of confidence, at least not for me." In a second ZIP Code, Dowler found that 100% of Zestimates were inaccurate and that disparities were as large as $190,000.

So what do you do now that you've got the scoop on Zestimate accuracy? Most important, take Rascoff's advice: Look at them as no more than starting points in pricing discussions with the real authorities on local real estate values — experienced agents and appraisers. Zestimates are hardly gospel — often far from it.

 

Distributed by Washington Post Writers Group.


The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501 | o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn

Consumer Confidence at Highest Level in Over a Decade

by Cory Dudley

Consumer Confidence at Highest Level in Over a Decade

 

Consumer Confidence at Highest Level in Over a Decade | Keeping Current Matters

Two recently released reports reveal that the American public is starting to feel much better about the U.S. economy. The University of Michigan’s Surveys of Consumers showed that:

“Consumer optimism reached the highest level in the past decade in the January 2015 survey…Consumers judged prospects for the national economy as the best in a decade, with half of all consumers expecting the economic expansion will continue for another five years. The anticipated strength in the overall economy has been accompanied by more favorable income and employment expectations.”

Here is a chart showing results over the last decade:

Consumer Optimism | Keeping Current Matters

As all consumers are feeling more optimistic, more young adults are moving out of their parents’ basements and into a residence of their own. The recent Census report shows that new household formations skyrocketed in 2014. Below is a chart showing the historical significance of the numbers:

Bottom Line

The economy is definitely improving and, more importantly, the American consumer is beginning to feel much more confident. This should lead to a very robust real estate market in 2015.

shared from KCM

 

Keep up with the current Boulder County Real Estate market by visiting here or here.  You can find out what your home is worth and what your neighbor's home is worth - free.


The Winning Team Real Estate Group at Old Town Real Estate Co.
522 Kimbark Street • Longmont, Colorado 80501 | o:303.776.4004 • c:303.641.8597 • f:303.776.4661
Email: cory@justlistedcolo.com  Connect:  Twitter | Facebook | LinkedIn

Displaying blog entries 571-580 of 610

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